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No, usually investors stock is preferred with 1x liquidation preference. This means they get their money back, then the rest is split among other shareholders

I think it's a bad advice. If you only wait for investors to find you, you don't run competitive process, don't have enough options and you give up your shares at too low price.

Funnily enough, top comments say it works only for people with one account :)

We use chip&pin in europe. It looks like Apple card supports it and you'll be fine

Not soon. Business model in Europe is much less interesting, since EU capped interchange fees

The problem is credit card business in US is a)much more profitable due to significantly higher interchange fees and b)credit cards adoption is much higher.

well, he kind of was fired (asked to leave)

He is, he played off-race, that's why they invited MaNa to allow AI play against very strong protoss

I think this was one of the most interesting aspects of seeing AlphaStar play.

MaNa already started to use oversaturation when he played live game against the AI. I'd bet soon this will be the new meta, and everyone will play this way

Actually, it's not entirely true. A few years back EU cut the interchange fees dramatically (to 0.3% on credit cards, 0.2% debit) but all the savings were pocketed by merchants

Actually, it's merchants.

EU drastically capped interchange fees a few years ago. The premise was that it will lower costs for merchants and effectively lower costs for consumers. However, most of the savings were kept by merchants, especially larger ones.

Some EU study confirming that: https://www.europeanpaymentscouncil.eu/news-insights/insight...

I thought so too. Then i joined Google, where it’s mandatory. After some time I learned to see the value. Ever since i left Google i tried to have them, but managers dont seem to buy into this idea, and i miss it dearly

It's usually at least 3-4x, not double. On some routes, it's even up to 10x.

Also, here as a couple, you might have this just for 50% more (booking 3 seats instead of 2; assuming price per seat is the same)

Source code for expansions for Heroes of Might and Magic 3 was also lost [1]. It's a shame because it was one of my favourite games ever

[1] https://ggtriple.wordpress.com/2014/12/10/no-expansions-in-m...

I think it’s great. I’d love to see somethin similar for chronic diseaseas. When you see a doctor once per several months, it’s impossible to really tell him if you are doing better or worse due to recency bias. I’d love to monitor pain in my joints on a daily basis and have a real data points to show.

I have a first generation Xiaomi vacuum and it's amazing, at 30% of high end Roomba with comparable features

Investors, founders and employees wanted to have liquidity on their stock. Secondaries market is very limited.

It's not NET cash, so it's right not to include debt.

Uber seems to be in 581 cities [1] while Lyft in 200 [2]. So this is 3x difference.

However, Uber is more global, therefore has much more large cities around the globe. It wouldn't be unreasonable to assume that on average cities are 2-3x larger.

This alone could justify valuation gap. I would also assume that because of global presence, Uber has higher usage due to travellers.

[1] http://uberestimator.com/cities [2] http://www.theverge.com/2017/1/25/14383370/lyft-expansion-ne...

I beg to differ here. Once you get the scale like Uber, and you don't have to spend billions on marketing, this is a very high margin business.

Minimal costs to maintain infrastructure and 20% cut on millions of ride's a day.

The only reason Uber was struggling is because it wanted total global domination. It was a land grab, and they played it quite well. Failed in China, but succeeded in quite large portion of the globe.

You can't forget the difference in scale. Lyft is only in USA, while Uber is a global company. For them to enter Europe/Asia now, would mean tremendous investment.

I believe a lot of people shoot in higher resolution than intended output because they want to be able to crop the video and still have desired resolution.

I had a dinner this week with someone running IPO process, and he was very impressed with how well Saudi Aramco is run. He saw many business of this kind worldwide, and he states this is the best run one.

But if you look at trend on each individual property separately, CPCs are not declining anywhere. It's just effect of Simpson's Paradox on total number

Precisely that. Change in Google's CPCs is a great example of Simpson's Paradox. CPCs on every property separately are growing, but aggregate is declining due to much faster growth in areas where CPCs started low

They could've at least put lightning port in it. Android and Mac users can now charge and listen to music using same cables, but it's not the case for iPhone

The UI is so full of bugs its unusable. Someone forgot to assign text to variables.

But isn't Tesla autopilot working only in highways, which are much safer then average road? Then this statistic wouldn't be that good.

It's not that simple. At least now you had one set of rules, and under them you could've operated in whole EU by passporting your licence. Now there will be two separate ones. If you want to expand from UK, or vice-versa enter UK, you need to do twice as much work in terms of regulations. This is especially applicable for fintech startups, which are very prominent in UK.

Happy to help with organising one