thegenius

8 ms·

31.
by thegenius 12y ago
What's wrong with waiting 'many weeks'? Your idea is not going anywhere, and if it is, it's a bad idea. If you want to do business before the LLC, you can go ahead. Then, once the LLC is formalized, transfer any assets y
32.
by thegenius 12y ago
For the U.S., It is not hard to create an LLC, and it isn't worth paying legal zoom hundreds of dollars to do something you're tax dollars are already supporting. For example, in California, go to this page http://www.s
33.
by thegenius 12y ago
Exactly. Raising money is not the greatest accomplishment in the world. What if all that money came from a rich uncle? It's up to the founder to correctly allocate the capital once he/she has it. That's the real challenge. Ge
34.
by thegenius 12y ago
It's a problem that Github suffers from. The thing is, it's easier to educate people about .gitignore and .hgignore, and those are both more effective at blocking out sensitive files than accidentally switching over an editor tab
35.
by thegenius 12y ago
This seems like a a great idea and a lot of fun. Something I would personally participate in on both the watching and the streaming side. The only concern I think I would have is that of API key / password exposure. It would be up to t
36.
by thegenius 12y ago
Warren Buffett's partner Charles Munger says it best in this interview (time linked). He's talking about wall street executives, and the envy they have over one anothers' successes, but the same applies to tech founders. &quo
37.
by thegenius 12y ago
You can see there's 8 of them here http://bergcloud.com/about . They probably burned through that 1.3 with a year of wage expense.
38.
by thegenius 12y ago
or Dread Pirate Roberts
39.
by thegenius 12y ago
This resonates so strongly with me, and I'm so glad you posted it. It reinforces the framework I've been using myself for the past few years and perfectly articulates what I've been trying to explain to myself even. I can add
40.
by thegenius 12y ago
I agree. It's also worrisome that Marc Andreessen predicts the future so much lately. The future simply can't be predicted with such reliability as his certainty implies.
41.
by thegenius 12y ago
I've had interviews where the guy will ask me a technical question, and I won't answer it to his liking. Then, he'll proceed to answer the question himself at nauseating length to the point where I can see his original intent
42.
by thegenius 12y ago
In the best interview I had, the interviewer started by saying, "Just talk" with a friendly smile. I was taken aback, and it eased the tension I was feeling. I started talking about my experience, and he took an active interest an
43.
by thegenius 12y ago
This article assumes readers will have the background to understand all the jibberish it presents. Meanwhile, it does't paint anything close to a clear picture on the inside scoop of "How Netflix cam to pay Comcast for Internet tr
44.
by thegenius 12y ago
My point to you is that SBC and D&A are actual expenses in every way imaginable. Just because Twitter says not doesn't make it so.
45.
by thegenius 12y ago
I'm not even sure what you mean. They come out of shareholder equity, and all public companies use accrual and not cash-basis accounting. It makes zero sense to strip out those operational charges unless you want to appear profitable
46.
by thegenius 12y ago
if you read the 8k, they doubled revenues but more than tripled losses. all this nongaap bullshit. read the footnotes. they removed stock based compensation and depreciation. how in the hell are those non operational charges? stock soars. h