Recent submissions

Comment · 4 months ago
This is not surprising. While cheating has always been around, it seems to be more prevalent now with high pressure and easy access.

I’ve talked to a bunch of teachers and school leaders, and see three main ways schools are handling AI use in assessments:

1. Punish it: Detect AI use on homework and take home exams; treat it as cheating.

2. Prevent it: Move to live assessments – oral or offline – that are hard to cheat on.

3. Embrace it: Assess the process, not the output.

The second one seems to be the only real answer for foundational subjects. And the third one can also work for more creative or project-based work.

Comment · 7 years ago
It's not cross-platform. Works great if everyone in your org only uses Chrome and Android, but fails for iOS users, or non-Chrome browsers.
Comment · 8 years ago
Comment · 8 years ago
That chart is log-scale. The index fell by more than half between December and February, but you wouldn't know it by glancing at the chart.
Comment · 9 years ago
That's $3.4B per quarter, or $13.6B annualized run rate, putting it closer to #200 on the Fortune list by revenue.
Comment · 9 years ago
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Comment · 9 years ago
Some thoughts (I'm neither a CPA nor a lawyer, so caveat emptor):

0) Make sure you understand 409a valuation and Alternative Minimum Tax. These two concepts will materially impact the post-tax value of late-stage private company options.

1) Clarify what the $1300 price is. Is it a 409a price, or the latest preferred share price, or something else? Also, get an exact number if $1300 is approximate.

2) Make sure your options are ISOs (and not NSOs). Ask for the count of total outstanding shares.

3) Try to get a history of the company's recent 409a valuations. This will give you some idea of how fast the fair market value is growing. Fair market value at time of exercise affects the taxes you owe.

4) If you leave the company, check how long you have to exercise your options or lose them. The standard is 90 days - this is something to be aware of so it doesn't surprise you.

Comment · 10 years ago
Different metrics. Alibaba raised $25B. Facebook's market cap was around $104B (intraday) upon their IPO, but they only raised about $16B in the offering.
Comment · 10 years ago
How did preferences make it worse? Generally, preferred shares convert to common in the event of an IPO, so preferences are discarded.
Comment · 12 years ago
What tools do you use today, and what don't they do well enough?

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