jwegan
Joined 16 years ago
Karma
1,035
Submissions
229
Member since
Apr 5
Recent submissions
Comment · 3 years ago
"Hiring" them was just a PR tactic to keep Microsoft stock from tanking while they got this figured out.
Comment · 3 years ago
Comment · 6 years ago
Hey, I run the Growth team at Pinterest. I just wanted to comment on the article to be very clear and say we have never scraped Google search results either currently or at any time in the past.
Comment · 6 years ago
Also biased because they are sampling people who are out and about. People who are out and about likely come into contact with more people than people who are staying at home and rarely going out.
Comment · 6 years ago
"Up and to the right" is a relatively common business saying to indicate things are going well and that the chart for a metric (ex: revenue, users, etc) is going "up and to the right". The author made a play on this common business phrase by saying IBM's charts are going "down and to the right"
Comment · 7 years ago
The reason some people label Brave as anti-gay is due to Brave's CEO and Founder Brendan Eich https://en.wikipedia.org/wiki/Brendan_Eich
> On March 24, 2014, Eich was promoted to CEO of Mozilla Corporation. Some employees of Mozilla Foundation tweeted calls for his resignation, with reference to his donation of $1,000 to California Proposition 8, which called for the banning of same-sex marriage in California. Eich stood by his decision to fund the campaign, but wrote on his blog that he was sorry for “causing pain” and pledged to promote equality at Mozilla. Some of the activists created an online campaign against Eich, with online dating site OkCupid automatically displaying a message to Firefox users with information about Eich's donation, and suggesting that users switch to a different browser (although giving them a link to continue with Firefox). Others at the Mozilla Corporation spoke out on their blogs in his favor. Board members wanted him to stay in the company in a different role. On April 3, 2014, Eich resigned as CEO and left Mozilla; in his personal blog, he posted, "under the present circumstances, I cannot be an effective leader".
Comment · 7 years ago
A direct listing is definitely not the most likely option. Only two major tech companies have done direct listings and there are also a lot more reasons you would want to do an IPO instead of a direct listing
1) Neither SPOT or WORK has done great, especially WORK
2) IPO allows you to choose your investors. This gives you the opportunity to choose major institutional investors that are in for the long term which will help reduce stock volatility.
3) Even if you don't need money, raising billions can open up a lot of opportunities for the business and give you a warchest to derisk potential market downturns.
Comment · 7 years ago
> If they do go public for $20B+ they that would be for more than Twitter and Facebook went public for
Lyft is IPOing at a higher valuation than Twitter, but Facebook went public at a valuation of $100B and raised $16B. FB's IPO was 5x bigger than Lyft's.
My blog on growth: http://jwegan.com