https://www.courthousenews.com/drivers-win-bid-to-probe-door...
1,591 karma · joined November 9, 2014
https://www.courthousenews.com/drivers-win-bid-to-probe-door...
I switched to just using Bonvoy/Marriott and staying in hotels. Now I have a high status level (titanium), and they really do anything they can to make me happy. And actually, there is much rarely any issue for me to complain about: mostly they just get things right in the first place. And with high status, they give me room upgrades, free breakfast, late checkout, free nights and points.
Now I only use AirBnB for stays of a month or more.
I have to admit, however, that I was usually the only undergrad in attendance.
It seems to me that children can thrive under a wide variety of parenting styles. I consider that my own upbringing was a bit "rough around the edges", but with age I respect and understand my parents more and more.
In retrospect, I wouldn't have it any other way. I respect my parents a lot more than I used to.
0.0005b would be 500M.
But your basic point is correct. I'm sure Zuck is quaking in his boots that he'll soon be bankrupt.
Now WeWork is selling them for a nickel. The cost of everything is dropping like a rock! /s
The idea of Airbnb seems like it should be profitable, if only it were better managed.
I worked for a Silicon Valley company that became quite successful. I made enough money to quit and live off the investment income. I got to the level of wealth I needed and it was enough for me and retired. I enjoyed my work and my job, but I also wanted to do other things in my life, and having a full-time job in Silicon Valley precluded that.
I was at my employer early enough that I had quite a bit of personal contact with the CEO at this company, and he did not think like me at all. Money wasn't the main thing for him. He wants to chase down his competitor, watch it struggle in death, chew on the meat, bury the corpse, dig it up again, make sure it's dead, and then bury it again. This guy lives for the hunt, and the hunt is all there is.
When I figured this out, I realized I could never be him. I couldn't summon that level of motivation on a constant basis even if I used every bit of my willpower.
And I'm glad that I was on this guy's side and not his competitor.
If there is actually a viable business there, it makes sense to wipe out the shareholders, extinguish the debt, and make the former bondholders the new shareholders.
If there is no viable business even with the debt, then liquidation is the right path.
(I'm not a finance professional, just another person on the internet with an opinion.)
Surely, if you look around enough you can find some kind of a development board at a reasonable cost.
In the 70s and 80s, soft drinks (at least in California where I lived) were packaged in really heavy, thick glass bottles. You paid a deposit on purchase, and a refund on turning it back in, and then the bottles were cleaned and reused.
These schemes have seemingly all disappeared. Many or most states still have deposit programs, but the intent is to recycle the glass, not to reuse the original bottle.
They basically have two choices: keep it or throw it out. And why would you throw out money?