You're not wrong but it depends on the platform and campaign. If the ads are bought click-optimized then yes... if conversion optimized then the algorithms will learn to avoid zealous clickers.
There's a dated but entertaining dramatization of this failure from the movie Pentagon Wars: https://youtu.be/aXQ2lO3ieBA.
he means he shorts the stock market... although it can be difficult to get the borrow when everything is tanking.
Tesla is huge in Norway because of a number of large tax advantages from income tax deductions, to free registration, etc. That being said, they obviously wouldn't sell if they didn't work but I wouldn't look at the…
I understand the product-fit, but what incremental value does Etsy bring to either of those companies?
What hasn't been mentioned yet is that employees hold Common Stock, whereas the investors generally hold preferred stock. The preferred stock is worth more than the common stock because of special…
>top class negotiating skills exhibited by the sellers Certainly a nice premium but not clear if this is a result of negotiating prowess or necessity given the large fractured institutional holdings. 30% is a pretty…
Sounds like you got in at just the right time, congratulations!
This totally explains why everyone is moving to Oakland but, as you say, not a fair comparison. Out of curiosity, how much would you estimate it costs to buy the house? Some quick math will let us figure out the rent…
You're welcome to call bullshit but it's not and here's why. First $6k/month will not get you a $1.5MM home unless you had a down payment of $500k and even then it would not cover your taxes and other expenses. A…
If you're buying something comparable it's not $3k/month, it's $5k/month + $900/month in property taxes + all maintenance and expenses + the lost opportunity cost of investing all that money in diversified assets.
It's disgusting that this is necessary but it's a fight we have to win.
Very sorry to see them go and it was a beautiful product. However, this is no surprise at all. More surprising is that they were able to raise money for a business model that is fundamentally unsustainable (negative…
I think there's a glitch with their pie charts. They have no founders for any region making a salary in the 125k-175k bucket. Possible, but unlikely.
The number that return <1x is significant too. Out of 10 investments typically you'll have 1 big hit, 2-3 decent returns (2-5x on investment) and a bunch of "failures" which would be anything less than 1x. Depending on…
Seems more likely that Yahoo is preparing to take a write-down on a collection of assets and is trying to mitigate the total amount by auctioning off the leftovers.
Yes, we got 7 views spread over 5 days that were probably all from YC reviewers (embedded player). They watched an average of just over 1 minute of the video which was just under 2 minutes long. We were not invited to…
>> The safe thing to do when biking on sidewalks is to dismount as you arrive at an intersection I think this is also the legally required thing to do in most jurisdictions.
Not if the price ceiling were selectively enforced against only one type of radio station. In your analogy this would be the e-commerce company has to buy twinkies from their supplier at 8x the price everyone else pays…
They make more from Pandora than they ever did from radio... and their music accesses a larger audience.
This would absolutely not make the IRS happy.
Not exactly sure how to take your comment but Pandora is a public company, the IPO was an "exit" in the valley's sense. Maybe that's what you meant? LastFM was probably the other great example.
It depends on your criteria. Many people on here like to discuss sustainable businesses. Being acquired prior to reaching profitability is obviously a huge hit for the entrepreneurs, but it's irrelevant to the other…
Absolutely. And the distinction between "growth equity" and "private equity" gets ever more blurry over time.
This is a brutal generalization so take it with some salt. I also don't subscribe to the "all PE guys are evil and unnecessary" philosophy but with just this teaser description it would be easy to think I support it.…
You're not wrong but it depends on the platform and campaign. If the ads are bought click-optimized then yes... if conversion optimized then the algorithms will learn to avoid zealous clickers.
There's a dated but entertaining dramatization of this failure from the movie Pentagon Wars: https://youtu.be/aXQ2lO3ieBA.
he means he shorts the stock market... although it can be difficult to get the borrow when everything is tanking.
Tesla is huge in Norway because of a number of large tax advantages from income tax deductions, to free registration, etc. That being said, they obviously wouldn't sell if they didn't work but I wouldn't look at the…
I understand the product-fit, but what incremental value does Etsy bring to either of those companies?
What hasn't been mentioned yet is that employees hold Common Stock, whereas the investors generally hold preferred stock. The preferred stock is worth more than the common stock because of special…
>top class negotiating skills exhibited by the sellers Certainly a nice premium but not clear if this is a result of negotiating prowess or necessity given the large fractured institutional holdings. 30% is a pretty…
Sounds like you got in at just the right time, congratulations!
This totally explains why everyone is moving to Oakland but, as you say, not a fair comparison. Out of curiosity, how much would you estimate it costs to buy the house? Some quick math will let us figure out the rent…
You're welcome to call bullshit but it's not and here's why. First $6k/month will not get you a $1.5MM home unless you had a down payment of $500k and even then it would not cover your taxes and other expenses. A…
If you're buying something comparable it's not $3k/month, it's $5k/month + $900/month in property taxes + all maintenance and expenses + the lost opportunity cost of investing all that money in diversified assets.
It's disgusting that this is necessary but it's a fight we have to win.
Very sorry to see them go and it was a beautiful product. However, this is no surprise at all. More surprising is that they were able to raise money for a business model that is fundamentally unsustainable (negative…
I think there's a glitch with their pie charts. They have no founders for any region making a salary in the 125k-175k bucket. Possible, but unlikely.
The number that return <1x is significant too. Out of 10 investments typically you'll have 1 big hit, 2-3 decent returns (2-5x on investment) and a bunch of "failures" which would be anything less than 1x. Depending on…
Seems more likely that Yahoo is preparing to take a write-down on a collection of assets and is trying to mitigate the total amount by auctioning off the leftovers.
Yes, we got 7 views spread over 5 days that were probably all from YC reviewers (embedded player). They watched an average of just over 1 minute of the video which was just under 2 minutes long. We were not invited to…
>> The safe thing to do when biking on sidewalks is to dismount as you arrive at an intersection I think this is also the legally required thing to do in most jurisdictions.
Not if the price ceiling were selectively enforced against only one type of radio station. In your analogy this would be the e-commerce company has to buy twinkies from their supplier at 8x the price everyone else pays…
They make more from Pandora than they ever did from radio... and their music accesses a larger audience.
This would absolutely not make the IRS happy.
Not exactly sure how to take your comment but Pandora is a public company, the IPO was an "exit" in the valley's sense. Maybe that's what you meant? LastFM was probably the other great example.
It depends on your criteria. Many people on here like to discuss sustainable businesses. Being acquired prior to reaching profitability is obviously a huge hit for the entrepreneurs, but it's irrelevant to the other…
Absolutely. And the distinction between "growth equity" and "private equity" gets ever more blurry over time.
This is a brutal generalization so take it with some salt. I also don't subscribe to the "all PE guys are evil and unnecessary" philosophy but with just this teaser description it would be easy to think I support it.…