whatok

86 ms·

811.
by whatok 11y ago
You could actually make a decent comparison between Gravity and companies appeasing Wall Street by juicing quarterly earnings or buying back stock. If Gravity is spending an inordinate amount on employee pay and it's not accompanied b
812.
by whatok 11y ago
Because businesses are usually run with the business in mind; not the CEO's personal lawsuits.
813.
by whatok 11y ago
I had to Google "notch bonus" to find out what you were talking about. Maybe when you don't have a press campaign accompanying things it flies under the radar and seems more sincere.
814.
by whatok 11y ago
He's parading around as an altruistic person when the evidence seems to suggest he's not. Many people argued that giving arbitrary raises is a bad way to run a business and probably unsustainable. If the raises were given for re
815.
The CEO Paying Everyone $70,000 Salaries Has Something to Hide(bloomberg.com)
118 points by whatok 11y ago|88 comments
816.
by whatok 11y ago
Really have no problem with this if they aren't receiving any government money but unfortunately they are.
817.
by whatok 11y ago
Agreed on technology. There does seem to be a disproportionate rise in sensitivity wrt what you mentioned (100% and incidents emphasized in the original post.
818.
by whatok 11y ago
Please stop extrapolating from wherever you are getting these examples from. As a minority, I do not need anyone speaking for me and I especially do not need someone who has no idea what I go through trying to educate people. Stop stereot
819.
by whatok 11y ago
I don't know how much actual discussion (vs preaching to the choir) occurs on the internet when anyone with a remotely differing view is immediately told that they are wrong for not agreeing 100% and shortly after has a Twitter mob dox
820.
by whatok 11y ago
Why has all the hyper-sensitivity only come to the forefront over the past few years then?
821.
by whatok 11y ago
thank you for the video link. just bought his recent book
822.
by whatok 11y ago
They also link Anaconda in there and that should get you up and running within minutes.
823.
by whatok 11y ago
When you've never had to work to provide for yourself and others, it's very hard to imagine the damage done from someone losing their job.
824.
by whatok 11y ago
https://xkcd.com/1570/
825.
by whatok 11y ago
From the S1: " In October 2015, our former Chief Financial Officer, Erik Bardman, resigned from the company to focus on matters related to a past employer, including an investigation of certain accounting practices entirely with respec
826.
by whatok 11y ago
If you're in New York, I'm pretty sure the library has a few terminals.
827.
by whatok 11y ago
Just a FYI but Bloomberg has significantly changed their editorial direction recently. Think some senior editor left or something. I really don't mind because it does not seem that their standard news coverage has suffered as a resul
828.
by whatok 11y ago
VRX really seems like it's much more smoke than actual fire; at least on recent specialty pharmacy news. It's definitely a complicated and shady-looking structure but it seems like they have shielded themselves from any fallout f
829.
by whatok 11y ago
The parent poster completely altered his post after I responded to it so I would take that into mind when reading things. Also, throughout this thread I have never once mentioned anything about startups but assume away.
830.
by whatok 11y ago
https://en.wikipedia.org/wiki/Aldi "Aldi (stylized as ALDI) is a leading global discount supermarket chain with over 10,000 stores in 18 countries, and an estimated turnover of more than €50bn." We may have d
831.
by whatok 11y ago
It has a competitive advantage in hiring right now, absolutely. Whether that translates down the road to an overall sustainable competitive advantage for the overall business remains to be seen. Agreed on gov mandate.
832.
by whatok 11y ago
I'm reading a lot of accounts of this but as far as I'm aware it's just random anecdotes of some idiot foaming at the mouth on Fox. People may think this guy is an idiot but no one is saying he can't do what he has done
833.
by whatok 11y ago
Your second paragraph is utter nonsense. A productive business absolutely creates value. History is littered with examples of entire brand new industries birthed by the sole creation of a single company. The pie literally grows larger.
834.
by whatok 11y ago
That's exactly how I read it. Taking on debt or selling equity are some of the most common ways of financing businesses. I could see if "take on debt" was not in that sentence but even then many (non-VC funded too!) busines
835.
by whatok 11y ago
In your second example, the company literally would not exist without the founder. If you divide up the "value" the act of creating a company provides over the lifespan of the company, it will likely eclipse the value a project m
836.
by whatok 11y ago
Equity in their business? You can create vtlynch LLC tomorrow if you wanted to and if you found someone to buy it, you could sell equity in it. What does that have to do with personal wealth?
837.
by whatok 11y ago
Most grocery stores do not operate at the scale that either of your examples do and most cannot charge a membership fee either.
838.
by whatok 11y ago
Over enthusiastic press without observing the effects of something like this years down the road absolutely affects the debate over minimum wage though.
839.
by whatok 11y ago
So I'm a small business founder who had to take out a bank loan, mortgage the house, and forego a salary until business is good. That's somehow less risky than a standard employee who can likely walk away with no baggage after the
840.
by whatok 11y ago
Think that context is important for what he said. https://en.wikipedia.org/wiki/Paul_Tudor_Jones

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