noddy1

Zuckerberg is very happy to bend/break the rules and abuse his customers when it suits him, so screw him. These aren't instagram's images anyway - they're the images of the people who painted them, and the people who photographed them.

Great way to get a piece of a company which is unable to get adequate funding from VCs (who at this point are funding almost anything anyway)

Moving towards the model where a portion of early VC investment goes straight into the pocket of the founders and early employees, as bird has done.

If I've built a company with an implied valuation of 200 million, why can't I bank a couple of million for a rainy day?

I've heard VC's state with a straight face that this is a misalignment of incentives.. apparently if the founder is financially comfortable they aren't "hungry".. this from a venture capitalist who is guaranteed a juicy carry whatever happens to their fund I find this insulting.

I'm a Dr who has just quit my specialist job for the 2nd time to pursue a startup.

You'd think I'd do something medical - I've been in the field 10 years, I should have been able to find a problem IT can address?

To be honest the thought of doing a health IT startup just fills me with dread.

Has there been any precedent of patients saying to the hospital at the start of a visit "I agree to pay 1.5x the medicare reimbursement rate and no more, if you don't agree to this I will go to the next hospital"?

80% of companies in the S&P500 over time produce zero return. 20% of companies account for ALL of the returns. In the past these would've been driven by massive growth stocks like Amazon going 1000x over a couple of decades. Now, the main reason to IPO a tech stock seems to be because the company has reached its growth potential and you want to flick it off to derisk early investors, and often it plummets as reality sets in. Meanwhile, high growth stocks are captured in pre-IPO markets and the gains are all accrued to private investors.

I think the S&P500 is an entirely different beast to what it was 20 or even 10 years ago as a result of this.

If you were a family office your goal would be to get exposure to pre-IPO growth stage stuff as well as the public market.

The constant threat of million dollar lawsuits is a pretty stupid way to ensure good practice of medicine.

This is an excellent opportunity for social pressures so curb behaviour. MBS has 45 billion dollars in the vision fund, and if it doesn't work out well, he will look stupid. If the vision fund loses ability to invest in the best companies, this could potentially ruin their performance. Masayoshi Son and MBS need to be sent a message that their ability to invest will be limited if Saudi Arabia behaves in a shitty way.

Thanks SEC for ensuring that all the returns from high growth tech companies are accruing to foreign billionaires and corrupt oil princes rather than to american retirement accounts and pension funds!