log_n

You can still be heavily cash flow negative while being Net Income positive. It's actually one of the big use cases for VC money; you have a flywheel of revenue but not enough cash to pay to service that revenue and actually get cash.

Yeah the problem is that the average rat lives for less than four years, which doesn't let them see multiple market cycles. We must selectively breed or biologically engineer longer lived rats or else we will be curve fitting for a single market regime.

Yes they have done great work and discovered some really cool stuff, but they have not been able to commercialize it. That's what a CEO/management chain should ultimately be measured by, not whether they've built a great Xerox style research PARC.

Those kinds of people are generally stuck at a lower level. L7/8/9 is very much a political game. To get there (generally) you need to make your entire org/company look very good, and generally to make your team look good you need to work well with them so that you can convince them to work on the high impact projects that you identify.

A shell of Allston (formerly big Java shop) lasted until last year.

Yeah, Jump got on the map by being the first Chicago prop shop with a microwave line between Chicago and New York. They dominated the equity basis trade for a while.

Keeping your name out of the press and staying secretive is incredibly important and I'm shocked that they didn't just throw a fair amount of cash to this guy directly or offer it up as a donation to some Carl Sagan foundation (and offer to let him keep his e-mail address). $200k for a shop like that is literally the shells of peanuts and worth it to keep your name out of people's mouths.

Monday.com spent $191 million in marketing to get $161 million in revenue in 2020. Granted they are only spending $1.2 in marketing per dollar in revenue now so they are doing better than the $1.5 per $1 they had last year in 2019. GnA bumped by $40 million and that brings them more in line with the 2019 marketing cost/revenue ratio though so maybe they creatively characterized GnA.

If their market cap is above 3 dollars I wouldn't touch the stock.

I'm probably not understanding something. How is $250k ARR enough to build a team with? I would think you would need to be a magnitude higher at least to support a team off of that, especially if you are bootstrapped and have no cash reserves.

Humanity's colonization of the stars will eventually be spurred on by the desire improve the resiliency of SaaS.

You don't have to go that far. You could also have automated roll-back of individual servers if they sense something is off, for instance.

Another alternative is low bandwidth flag based roll-backs (for instances such as this where the network is congested but not completely lost).

Potentially leaving them open to the pettiest securities fraud suit ever.

There's an In-N-Out on the north side of SF and Chinatown has a ton of cheap eating options. You can eat for cheap in either city.

Why not both? I am not in academia but I was under the impression that some academics might be publishing 'questionable' results that cannot be reproduced at all in order get their paper count up for tenure review. Not to mention puff-pieces from industry that basically serve as PR in peer reviewed journals without furthering their discipline.

So shipping working code (even if it comes with a required pipette) might be a nice requirement for a peer reviewed publication to take on in order to keep their journal relevant. Shipping in Docker or similar guarantees reproducibility.