tempsy

46 ms·

751.
by tempsy 6y ago
he is referring to the m1 money supply.
752.
by tempsy 6y ago
if there’s a problem with your hotel room, you can just get a different room. The hotel has much more visibility into problems than Airbnb does.
753.
by tempsy 6y ago
it’s all financially settled. there’s no actual physical delivery of water with these contracts.
754.
by tempsy 6y ago
It works when it works, it doesn’t when it doesn’t. Meaning that the company has very little insight or control into the quality of any of their listings. So it’s always a dice roll. If the listing ends up looking nothing like the pictures,
755.
by tempsy 6y ago
not “inflated dollars” but a weakened dollar that naturally inflates assets
756.
by tempsy 6y ago
Trading at a $110B valuation is surreal. But it’s hard to really disconnect execution from the insanity of our monetary system this year...trillions in dollars pumped into our economy, 0% rates, and a retail options frenzy has created the p
757.
by tempsy 6y ago
Pretty sure the focus is on Instagram and Whatsapp only, not Oculus.
758.
by tempsy 6y ago
I support this, though have low expectations the divestiture will actually happen. It would be quite the twist though if Kevin Systrom testified for the FTC against FB, though.
759.
by tempsy 6y ago
The market doesn’t contemplate your reality and it doesn’t reflect you. Which is to say, pointing out that it’s expensive and you’d never use it without a coupon and for that reason find the business model not sustainable does not reflect h
760.
DoorDash Is Expected to Price IPO at Around $102 a Share at $39B Valuation(wsj.com)
22 points by tempsy 6y ago|15 comments
761.
Retail Traders Adopt Options En Masse(nasdaq.com)
1 points by tempsy 6y ago|0 comments
762.
San Francisco's 35% Plunge in Rents Shows Effects of Tech Fleeing City(bloomberg.com)
3 points by tempsy 6y ago|0 comments
763.
by tempsy 6y ago
Ok sure...but the main use case is filming yourself. It would seem really strange for anyone who chooses to publicly post videos on that app to be worried about TikTok being able to identify people or things in the app, or capture data asso
764.
Etsy was a twee culture punchline, now it’s a Wall Street darling(nytimes.com)
123 points by tempsy 6y ago|163 comments
765.
by tempsy 6y ago
What do you mean by “identify a user”? Isn’t the fact that you’re filming videos of yourself “identifying yourself” more so than whatever device data TikTok and every other app on your phone is capturing?
766.
by tempsy 6y ago
You can direct message people in TikTok
767.
by tempsy 6y ago
The backup is stored on Alibaba servers in Singapore. I don’t know why it serves anyone well to 1) believe the company’s word at face value and 2) not believe that the Chinese gov does not have backdoor agreements with the largest Chinese t
768.
by tempsy 6y ago
Ok but tech elite here aka VC investors aren’t getting options when they invest. So this tax question doesn’t apply to them. Rabois can move to Miami now and if he sells his IPO shares next year he owes California nothing.
769.
by tempsy 6y ago
when you own shares as a VC it’s because you’re an investor. when you receive equity as an employee it is because it’s compensation. when you get equity as an employee you’re taxed when you vest and when you sell. you shouldn’t be taxed whe
770.
by tempsy 6y ago
Different situations. If you’re a VC you’re simply buying preferred shares. Shouldn’t be owing anything until you sell. And if your residence for that tax year is somewhere else I don’t know of any reason why California could claim capital
771.
by tempsy 6y ago
It depends on your situation. A VC does not have options when they invest - they are getting preferred shares. An employee that forward exercises their options pay taxes on date of hire and vest automatically. Post IPO you’re only taxed whe
772.
by tempsy 6y ago
I don’t know why this response devolved into defensiveness and personal attacks. I never said I was a founder, though I worked at a startup that Rabois invested in early. Being an investor is not “hard work” in the same way it is if you’re
773.
by tempsy 6y ago
Seattle’s tech scene consists of two giant tech companies that started in the 80s and 90s and the satellite offices of California HQ’d companies. It’s a lot of cogs. There is no comparison when it comes to startups created in, say, the last
774.
by tempsy 6y ago
I’m not sure how to respond but no their success comes from being in Silicon Valley at the right time and developing relationships within this ecosystem. So no I disagree that if Rabois was somehow not in Silicon Valley that he’d be just as
775.
by tempsy 6y ago
No my main point is that people on here are reading into Rabois’ comments on quality of life issues at face value and not recognizing that his move out of state at this moment in time has to do with avoiding taxes on his IPO gains and not m
776.
by tempsy 6y ago
It’s not, but this entire thread is focused on quality of life issues, which is exactly what the “tech elite” mentioned in this article want people to focus on, and not the real reason why they’re leaving. My point is don’t fall for their p
777.
by tempsy 6y ago
I don’t know what you’re getting at but it isn’t my point. And the other way to look at it is California is expensive because the opportunity to become rich is greater here than elsewhere.
778.
by tempsy 6y ago
This story is insanely misleading though. Everyone here is talking about why the tech elite are leaving due to the quality of life when Keith Rabois specifically has like 3-4 IPOs he was an early investor in going public right now and makes
779.
by tempsy 6y ago
Yeah that makes sense, but then my question is why did Hsieh stay as CEO for that long in what was basically a dead end company within Amazon? It doesn’t seem like that is something someone like Hsieh would ever want to do, and yet he staye
780.
by tempsy 6y ago
Ok, but not really my point. I’m voicing my surprise that a forum that is primarily members of the tech community would find it appropriate or necessary to aggressively censor comments that aren’t off topic or outright personal attacks or o

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