thisisit

29 ms·

421.
by thisisit 8y ago
Usage of GAAP is entirely up to the company. It might choose to not use GAAP policies on revenue recognition and expenses. Many non-public companies chose to do that if it means they can show their revenues growing faster than it actually i
422.
by thisisit 8y ago
Without looking at the actual accounting rules (GAAP or otherwise) used by WeWork it is difficult to say how the line costs are treated. In your example, you have treated $1200 as an expense. Lot of companies tend to capitalize these expens
423.
by thisisit 8y ago
One of the earliest companies I know in this field was Playment, a YC company and mentioned in the article too: https://news.ycombinator.com/item?id=13640084
424.
by thisisit 8y ago
> Not only that, they paid out our previous contract too (worth tens of thousands of dollars). I am curious, does that mean Zoom paid you guys for the losses incurred due to your original VC contract? If yes, that seems like an aggressiv
425.
by thisisit 8y ago
I think the amount of VC bashing in the post is unwarranted. It makes it sound like VCs make fat salaries on the backs of other people - either in form of investment or startup founder's hard work. The fact is that some founders, inclu
426.
by thisisit 8y ago
> So the fact that this person is already targeting a $50M exit makes it less interesting to me. I just don't think I would get excited working for someone I know with that short term of a mentality. But how do you know how much tim
427.
by thisisit 8y ago
> It is obviously troubling to see self driving cars run into solid and stationary objects, but human drivers do that all the time too. The question shouldn't be whether this technology is perfect, it should be whether this technolo
428.
by thisisit 8y ago
I am surprised no one is talking about Lyft's risk assessment of their business. Specifically, this line: Our results of operations vary and are unpredictable from period-to-period, which could cause the trading price of our Class A c
429.
by thisisit 8y ago
In the meantime Solar Power is one of the fastest growing industries in India. Government is targeting 100GW by 2022: https://en.m.wikipedia.org/wiki/Solar_power_in_India India's history with nuclear power plants
430.
by thisisit 8y ago
Let's assume for a moment this story was about ExxonMobil an oil company, or any company you dislike will you still hold this opinion? Remember whistleblowing as an act requires people to produce confidential internal documents.
431.
by thisisit 8y ago
I don't know how you equate knowledge of customer with technical chops. I see tons of list like these with site and coding etc done but no clue on how to build a sustainable business.
432.
by thisisit 8y ago
A similarly interesting fact is that Starboard Value, the activist fund had tried to get Mellanox join with Marvell another company in its portfolio. But Marvell was rebuffed. Later Marvell went on to acquire Cavium for 6 billion dollars wi
433.
by thisisit 8y ago
I am comparing salaries paid in India denominated to USD. The cost of living in this case is affected by Indian inflation not US inflation.
434.
by thisisit 8y ago
In 2014-15, I did a rough calculation of salaries based primarily on Indian government inflation figures. What I found was that 12k USD inflated adjusted was same as 5k USD in 2007. Today, 5 years later, this figure is surely even more infl
435.
by thisisit 8y ago
I have been reading Lyft S-1, especially their risk factor assessment. While it is full of normal warnings like limited operating history, competitors etc. One of the warnings stood out for me. Our results of operations vary and are unpred
436.
by thisisit 8y ago
You actually missed: * May cause public to lose their hard earned money because of the hype surrounding the IPO.
437.
by thisisit 8y ago
As I go through your list, only routing seems to be in favor of Lyft? If that is the case then the question is whether the routing technology alone will be worth billions of dollars ie Lyft's eventual valuation.
438.
by thisisit 8y ago
I have heard that even actual desktop level processors like ThunderX2 aren't as good as Intel processors. So, what chances do A12X have really?
439.
by thisisit 8y ago
Back at my hometown, a small village, we had a gangster. He made tons of money using his illegal empire. But he also took care of everyone around him. Even those who were not involved with criminal operations were taken care of. The press w
440.
by thisisit 8y ago
I am curious. So you are saying there have been no cases filed in last 50 years where car manufacturers have sold parts but mechanic repairs were shoddy causing an accident?
441.
by thisisit 8y ago
I find it odd that people are fine with Musk drawing attention with his antics but then aren't happy with disproportionate media coverage. Tesla as a company feeds on that coverage and it is not surprising that there is some bad mixed
442.
by thisisit 8y ago
> Now they are removing lifetime incoming calling as well Don't you wonder why this happened even after the launch of cheap Reliance Communication INR 501 phones back in 2002/03? They also gave people cheap plans and phones so,
443.
by thisisit 8y ago
Discussed earlier: https://news.ycombinator.com/item?id=19298692
444.
by thisisit 8y ago
This article which is based on tweets by Jeremy Burge was posted earlier on HN: https://news.ycombinator.com/item?id=19291987 Surprisingly, it didn't generate discussion or upvotes like this particular submission.
445.
by thisisit 8y ago
I think the quote is by Peter Lynch from the book - One Up on Wall Street.
446.
by thisisit 8y ago
He also said somewhere that a person's "circle of competence" can grow as you learn. That being said, lot of Berkshire's bets are now coming from Berkshire's next generation of managers - Ajit Jain, Greg Abel, Todd
447.
by thisisit 8y ago
I am always confused by these "what-about" posts. Are you saying western democracies are the shining examples of equality so if they enact something bad, everyone should follow ? Or that China given a free pass because western dem
448.
by thisisit 8y ago
Cars are a high value purchase for many people. So "online only" is bold as well as fraught with many potential issues. Though on that point I hope they don't go the extra mile of savings by going "email only" suppo
449.
by thisisit 8y ago
Early in my career I worked on legacy i-Series systems. One of things we were taught was to never write a code without putting in comments in the header. And the commends need to specify dates, ticket number for tracking, and the rationale
450.
by thisisit 8y ago
I am curious how do you take notes while using audiobooks? I have been trying audiobooks but somehow I find it distracting. And the notes taking process to be cumbersome too, as I need to go back and replay something over and over again. So

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