tomkarlo

77 ms·

721.
by tomkarlo 14y ago
This... there was also a recent NYT article about how new workers moving to SF are displacing existing residents by competing for apartment rentals. Having thousands of new residents moving into a city should be viewed as an opportunity, no
722.
by tomkarlo 14y ago
Also, there are a significant number of people out there with an Android phone plus an iPad.
723.
by tomkarlo 14y ago
This is great - there have been a lot of times over the past few years I wish I had this app. One suggestion - is the travel time to the airport static or variable based on traffic? Here in SF, it can vary by a factor of 2X-3X, turning a 20
724.
by tomkarlo 14y ago
There was lots of discussion about this last year, particularly that as they exist in a market longer, they have to spend more to find new customers (because they start exhausting the pool of businesses willing to "test" their service.) ht
725.
by tomkarlo 14y ago
As someone pointed out elsewhere on HN today, it's one thing to have a profitable core business, and reinvest large portions of it in growth (resulting in short-term losses.) Groupon's problem is that its core business may not be profitable
726.
by tomkarlo 14y ago
"You're going to have a hell of time proving your case then, aren't you?" It's the obligation of the company, not the contractor/employee, to show that it has secured the rights to the work that is included their product. If you have some
727.
by tomkarlo 14y ago
Standard language. Mergers usually can't be completed until after certain regulatory reviews are complete. In the US, one of the most common (for larger deals) is HSR: http://en.wikipedia.org/wiki/Hart-Scott-Rodino_Antitrust_Imp...
728.
by tomkarlo 14y ago
There's growth investing, and there's pure speculation (which may or may not involve growth companies.) He seems to be talking about the latter - buying in the hope of a "greater fool". Growth investing is based upon the idea that the purch
729.
by tomkarlo 14y ago
The Mac Mini - yes, the Apple TV - no. I don't think there's a lot of consumer confusion between set top boxes and desktop computers. My point was it's like saying you don't understand why Apple sells the Mac Mini when the Apple TV is only
730.
by tomkarlo 14y ago
What, because they're square? By that measure, an Apple TV, Mac Mini and Airport Extreme are all in the same category.
731.
by tomkarlo 14y ago
Not sure there's a filter in Instagram that botches up your photos as much as early-2000's blackberry. So soon we forget the years of yellow skin tones, movement blur and jarring LED flash. One day my kids are going to look at our old photo
732.
by tomkarlo 14y ago
That may be the first time I've ever heard anyone wax nostalgic for the Blackberry camera. Wonder if there's already an iPhone app for that.
733.
by tomkarlo 14y ago
Zagat already rates everything from the corner burger joint to a steakhouse. Having the Zagat sticker in the window doesn't mean anything, it's about the rating.
734.
by tomkarlo 14y ago
RIM's been trying pretty hard to build a popular smartphone (in today's market) without much success. I'm not sure having their phone's "Facebookized" would make them that much more popular - and it would almost certainly not be popular wit
735.
by tomkarlo 14y ago
At least for the first day, this was documented (and expected) from the underwriters. http://www.businessinsider.com/facebook-banker-morgan-stanle... Underwriters start out with a net short position on an IPO so that they can step in to s
736.
by tomkarlo 14y ago
The game is not as simple as maximizing the value of just the shares being sold on day 1. Post-IPO, a company's shareholders are largely the same as pre-IPO... the value they achieve for their shares in will be determined over a much longer
737.
by tomkarlo 14y ago
I don't think that's the issue here. He wasn't an employee. The question would be more, how would CA treat non-company work produced using a work computer.
738.
by tomkarlo 14y ago
No, but if you steal his wifi, he might have a claim because you utilized his infrastructure (without consent) to make it. I'm not a lawyer, but I believe this has at least been raised in some situations where people used either company com
739.
by tomkarlo 14y ago
I don't think the story says so explicitly, but he was also probably using their network, power, etc. to do his work. I'm guessing they must have a guest wifi network or the like where a non-corporate computer connecting wouldn't raise any
740.
by tomkarlo 14y ago
Yeah... it's worth noting that just because you can buy _some_ 42" TV for $400 or less right now, doesn't mean that TV is comparable to a TV that was $1500 and arguably the best on the market when it came out. To get comparable features in
741.
by tomkarlo 14y ago
Same here. I was able to sell a 5 year-old, 42" LCD TV with no table stand (only good for wall mounting) along with its wall bracket for $350 earlier this year. Given that there's no fee for listing on Craigslist, I just put the highest pri
742.
by tomkarlo 14y ago
You don't get a valuation because you "deserve" it. You get it because that's the highest price someone is willing to pay, and someone is willing to sell to them at that level. A day-trader doesn't care if that's connected to the fundamenta
743.
by tomkarlo 14y ago
Making investment less illiquid greatly increases the cost of capital, for a lot of reasons. It means you can't act on information that comes to light after the initial purchase. It also means you can't liquidate if an alternative, but bett
744.
by tomkarlo 14y ago
There's a million models, but there isn't going to be one that's universally correct. The problem is that the inputs are generally too subjective and too noisy in any model that includes future earnings (there are some conservative ones tha
745.
by tomkarlo 14y ago
The co-op association legally owns the units, but the board and board-members don't directly own the unit being sold. I was trying to point out that the board members don't have much economic incentive to approve a particular buyer - if the
746.
by tomkarlo 14y ago
A co-op like the Dakota (which is one of the oldest and most historic large apartments buildings in New York) may be less than thrilled with having someone own two units, especially if the intent is to do a bunch of renovation and knocking
747.
by tomkarlo 14y ago
Ultimately, it's profits that drive the value of a stock, not the brand. Yes, Apple is a popular brand. But you can't really say the same for Chevron, Exxon or Merck, all of which are top 20 stocks.
748.
by tomkarlo 14y ago
"Might be worth $200-$300 bn eventually" doesn't justify "worth $100 bn now" unless you believe that either: 1. That outcome is highly probable 2. That outcome will occur very quickly (within 2-3 years.) Let's say we believe the low end of
749.
by tomkarlo 14y ago
There's no reason to assume their P/E should be the same. P/E is only one of a range of ways to compare company values, and there are lots of reasons (growth, risk, etc) why the P/Es of two different companies might differ. I don't agree wi
750.
by tomkarlo 14y ago
Keep in mind they didn't sell all of the company, only a fraction of it. The biggest shareholders are basically the same as before the IPO... the idea is not to price that one day to perfection, it's to maximize the value over a period long

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