Recent submissions

Comment · 4 years ago
As if Musk would keep the marketing team anyways lol.
Comment · 4 years ago
Legally they have to seriously consider any serious offer to buy the company. All the better that they are doing so :)
Comment · 4 years ago
I suspect if masking continues for long enough, societies will lose herd immunity to essentially all viruses. In most cases that would take 5-10 years, though.
Comment · 4 years ago
As a hardcore capitalist, I do not understand why the government gives companies money under any circumstances. The government should provide fast business courts (like Delaware), decharter any company that abuses their market power, price in externalities like pollution and otherwise never give money to companies.
Comment · 4 years ago
This was the most likely outcome. Original antigenic sin is fundamental.
Comment · 4 years ago
His first wife gave a TED talk where she didn’t name him but described her first husband (Dan Price) dragging her around their family home by her hair and beating her to near death. No surprise here.
Comment · 4 years ago
Have a few friends at Salesforce. Few companies are more ruthless about firing people for missing a single quarter of quota. Guess sales reps don't fall under the category of stakeholders with the desired political capital.
Comment · 4 years ago
The heterodox truth is that startups are undervalued for their value potential. When single (venture backed) companies all have more cash than the entire ecosystem on their balance sheet, it becomes clear that the market is undervalued.
Comment · 4 years ago
Are you saying covid will just go away once the lockdown is over?
Comment · 4 years ago
Let's be real, if Elon buying 9% of your company makes you 'super stressed' you are probably in out to lunch peacetime mode anyways and need to be shaken up. Imagine working for Twitter but 'needing support to get through the week' because of board room drama... And Elon deciding not to join the board interrupted their 'monthly day of rest'. Wow.
Comment · 4 years ago
Whatever the corporate equivalent is of a late stage authoritarian dictatorship.
Comment · 4 years ago
Unrealized gains tax is a good watch to destroy startups.
Comment · 4 years ago
We use status to pay people where we lack sufficient resources to do so. See also: soldiers, doctors. We lack innovation and technology progress, so paying founders in status where we are unable to pay to address the market failure makes sense.
Comment · 4 years ago
Board seats come with a duty of loyalty meaning you can only back one competitor. In a world with unlimited investment capital, it might be more rational to back all the best companies in a particular space rather than just a single one. The lack of board seat reduces the investor's obligation to the company and frees up the constrained resource which is partner capacity. Rational.

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