We need ANSI pomodoros clearly :)
1,117 karma · joined May 24, 2019
Former investment banker, and small company CFO.
We need ANSI pomodoros clearly :)
“Hmm Elon has a reputation for not liking hard workers (the comment in his book about him getting mad the spacex parking lot wasn’t sufficiently busy on a Saturday), he’s doing a massive layoff, he’s stated this random goal (finish this or get fired)…..hmmm….ok team let’s do this: photograph me sleeping and post it, and then if I don’t get fired for being perceived as working hard, I’ll make sure you’re protected too”.
There is zero chance you’d post a twitter photo of your boss in that setting without pre clearing their permission. Also, as a former investment banker, I’ve slept under my desk a few times and always kept a sleeping bag hidden away. If you’re actually working hard you know how you do this? You either close and lock your office door, or go out of your way to obscure what you’re doing….no one wants to know or see you’re sleeping at the office like an animal.
Of course that’s the most skeptical least trustful view. Still, let’s take a grain of salt. The amount of PR she’s generated from that picture is massive. Assume she gets fired now; due to preempting with the sleeping on the floor pic, it’d cause a massive backlash. So in a way she purchased insurance, if you want to be cynical, for herself in a very calculated way.
Since when does HN care about the stock price of a random company? The share price reflected the ownership structure so the people that bought in were aware and not coerced to buy the security. We shit on corporate short sightedness and suddenly everyone and their dog has a highly opinionated high conviction bet on what a random company should do with its cash flow?
Personally, I don’t care. If dude wants to try to build the jetsons space car, heck yeah. I’d rather someone in society try hard stuff (positive determinism) than more stock buy backs (like apple) or cash just sitting on the balance sheet idly (like historical google). Even if it 100% fails, society is better if we do research that doesn’t look outright obvious at first…that’s how we get better.
The SECs settlement seemed particularly eggregious.
Personally, unless I’m quering something that’s fairly narrow, for recommendations you push to me please never show me anything older than 36 months. No, I don’t want an 8 year old video on this topic.
You are implying that because XYZ has lower profit as a percentage yet higher profit as a nominal dollar amount, that XYZ will charge its American patients more. My intuition says both ABC and XYZ will charge Americans the same, namely the highest amount it possibly can under market/regulatory/PR/competitive considerations.
Everyone’s just trying to survive. In one corporate biography type book the author asserted Zuckerberg would institute “lockdown” when he thought they were behind features. I believe the instagram book had a similar claim about Sidstorm (sp?).
I guess when network effects are life you can’t afford to not be the network. Google was smart to nab YouTube. And android. Meta was smart to grab instagram and WhatsApp (and that same logic, after missing out on making a phone, I bet is why they’re rushing to own VR). Innovate, copy, or die, basically.
The average phone life before replacement is 2.5 years in North America [1] so you are somewhere between 2x and 4x outside the median: an outlier but not outrageously so.
1. https://www.statista.com/statistics/619788/average-smartphon...
But sure, you’re smarter than them all combined, they’re wrong and underwrote a faulty deal and you’re right, particularly when having no info on the post transaction capital structure.