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unreal37
searching PlanetScale…
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391.
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unreal37
7y ago
That's why you should choose "eParcel" at checkout. Get your items within 2 weeks, with a tracking number, for a very small fee.
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unreal37
7y ago
Sorry, but this was the dominant computing model equivalent to renting servers at AWS. I'm not even talking about "website hosting at $5 per month". If a business wanted powerful machines, you rented them. Companies didn'
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unreal37
7y ago
The bond market, where trillions are traded by sophisticated investors, is by definition efficient. If the price of something is higher than the "fundamentals support", that price will adjust because there are literally billions b
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unreal37
7y ago
I love that analogy. Coworking spaces are like bridal magazines. Something you only need for a year and then may never need again, lol.
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unreal37
7y ago
Well the theory is this. Company X wants to open an office in London. But they don't know much about real estate, and don't have time to search around for offices, sign a multi-year lease, or get furniture. But they can sign a dea
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unreal37
7y ago
Interesting documentary on Netflix about that. Recommend a watch if anyone has been following Ackman and Herbalife. https://www.netflix.com/title/80108609
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unreal37
7y ago
He's saying in two years they'll have to disclose losses that they don't have to disclose today. Um, OK. He's saying they don't have the cash in the bank to make a payment that they have coming due next year. Um, OK
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unreal37
7y ago
Expecting the price of something to rise in the future is not the definition of a bubble. When people were selling houses in Detroit at the bottom of the housing crisis for $1000, the people buying them were expecting the value to rise in t
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unreal37
7y ago
It's funny though.
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unreal37
7y ago
Reading the report, he seems to be dipping into "future forecasting" quite a bit. "First, a stiff recession after ten years of domestic economic growth, will see that the next chapter in GE’s history is Chapter 11." You
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unreal37
7y ago
He'd never bought stock in 24 years with his previous company. So... $5 million of his own money invested seems like a decent bet.
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unreal37
7y ago
I recently read that, to be a successful large-scale short seller, you have to be an activist. You can't just sell a stock and wait passively for it to eventually go down. You HAVE to be out on CNBC and elsewhere trying to actively pro
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unreal37
7y ago
WeWork leases entire office buildings. Regus only leases a floor of one. So essentially, in far fewer locations, WeWork has more customers.
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unreal37
7y ago
Companies entering a new market will rent a spot for their "6 person team" at WeWork. And within a year they'll transition to a real office. WeWork is indeed a pitstop. A pitstop to better offices for companies on the rise. O
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unreal37
7y ago
Yeah Softbank is awful. They'll be the ones leading a group of companies into the black hole. "Follow me!"
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unreal37
7y ago
How quickly people forget. Before AWS, companies did IN FACT time share servers. The whole mainframe model was that IBM owned the server and you only rented a couple of hours on it. But before WeWork, people also rented office space. WeWork
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unreal37
7y ago
As the article says, with OpEx, your costs scale with your revenues. So when you have $0 revenues, you have $0 costs. You only pay for what you use. Instead, with CapEx, you go and spend $10 million on a data center buildout (raising a lot
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unreal37
7y ago
But you're not arguing against the point made in the article but something else. So...
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unreal37
7y ago
Hello straw man. Not one person ever called Home Depot employees "bad people". Not one person ever said the media "created these bad situations". But why is it normal that a 2 year old can't walk and nothing can be
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unreal37
7y ago
Go visit them before you buy. I visted the WeWork office on Bloor last year, and it was more like a party than I would like. Seems like a great place to meet a future spouse. Not necessarily a great place for quiet, deep work without noise.
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unreal37
7y ago
It's worth noting that the DJIA comment was specifically mentioned because it contains only 30 companies and a terrible indicator of the overall health of all American companies. But it's used as the primary indicator of the healt
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unreal37
7y ago
Enabled by Softbank. An investor who just throws an unlimited amount of money at things.
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unreal37
7y ago
I liked the article. And agree with it's premise. Softbank has apparently driven up the valuation of We to $47 billion or so for no apparent reason. The entire company structure exists to serve the founder. The company even paid $4 mil
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unreal37
7y ago
Don't forget, if you're successful, Amazon will create their own version of your product as "Amazon Basics" and you lose.
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unreal37
7y ago
Amazon doesn't pay sales tax? Amazon collects and remits VAT in the UK and across Europe. https://www.amazon.co.uk/gp/help/customer/display.html?nodeI...
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unreal37
7y ago
There are going to be times (a few days or weeks) where sellers think they can "outlast" the competition in a price war. You're basically betting that the other guy doesn't have the stamina to survive at this price. Of c
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unreal37
7y ago
I hope you're right and they find it. But let's also be honest here... the blurry spec smaller than a grain of rice in the original photo doesn't look like anything, specifically. [1] It doesn't look like an aircraft lan
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unreal37
7y ago
From Wikipedia: "Cavendish bananas accounted for 47% of global banana production between 1998 and 2000, and the vast majority of bananas entering international trade." Residents of banana-producing countries eat more varieties of
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unreal37
7y ago
Buying your own stock is like returning money to shareholders. It's effectively a dividend, by raising the stock price by the same amount they use to buy back stock. Like if they use $1 billion to buy back stock, the aggregate value of
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unreal37
7y ago
I'm interested in the investors who bought Uber at IPO. What were they expecting to happen? A company losing money with no sign of being profitable any time soon. If ever. They expected the stock to go up?
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