fasteddie
Joined 12 years ago
Joined 12 years ago
Also, recent California law was changed so that the maximum allowable annual rent increase is ~10% (still rough if you are hit with that, but better than 30%).
Just because the nature of the software makes it impossible to comply with particular laws doesn't make it good or bad. You need to make a value judgement if the regulation itself is valuable.
Presumably a dress has a much higher LTV in future implied subscription income then its inherent accounting liquidation value.
Series B seems to be the sweet spot to me if you would like to avoid working at a FAANG but want similar EV in your comp package, assuming you are decently good at guessing winners.
At that point the company is meaningfully de-risked but the equity offers are still pretty good for mid-career folks that you end up with millions in a good exit.
If it's the former -- I certainly think services need to clearly state what/why/how they are using the data, but it's on the services (like Venmo) and not Plaid.
This wasn't malware or anything like that, but goes to show limits of automated review.