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wjeje
searching PlanetScale…
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by
wjeje
5mo ago
No Employees of publicly traded firms benefit from short-term gains in the stock price, assuming the stock price jump holds throughout the period of grant/vesting. People who work at VC-backed firms do not get to enjoy the same degree
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wjeje
5mo ago
Sounds like you haven’t had training in corporate finance.
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wjeje
5mo ago
What a finance team allocates on spend has nothing to do with what the tokens actually get used for. Are they peeking over the shoulder of each team and individual? Of course not. It can be the case that the spend is absolutely wasteful. Nu
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wjeje
5mo ago
That magic trick only works for publicly traded stocks. Most firms are not a google or a Microsoft - a firms cash balance can become a strategic weapon in the right environment. So wasting money is not a great idea. Lest we forget dividends
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wjeje
5mo ago
No the strategy of having a professional looking social space in the web, specifically focused on college folks solely was novel - this is what he stole and without this it wouldn’t have gotten to the place of success it is today. Knowing a
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wjeje
5mo ago
Correct
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by
wjeje
5mo ago
If he didn’t steal anything why did winklevoss and another person at Harvard involved in the original project get a pay off…? Do we really need to discuss this? He tried to screw another founder - the Brazilian - who got a pay off and now h
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wjeje
5mo ago
I mean he’s got boz in his circle - is that short for bozo?
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by
wjeje
5mo ago
No he bought everything out of paranoia to shut out competition. They tried organically to replicate instagram etc but they failed even though they had wayyyy more resources. Their attempts sucked. So their approach was to target for acquis
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by
wjeje
5mo ago
Let’s go another step further! The continual success of fb and instagram has not come from zuck but through glorified A/B testing on steroids whilst lighting employee’s asses on fire each quarter to move the metrics. Visionary genius?