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baldajan
searching Neon…
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1.
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by
baldajan
5y ago
I skimmed it ;) But I did looked how much they raised on CrunchBase, seemed to be about equal of the sales price.
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by
baldajan
5y ago
you're right that my math is wrong in regards to sale_price < real_company_worth - it should have been the other way around... (real_company_worth < sale_price)... I guess I needed more coffee... max is correct though (whichever
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by
baldajan
5y ago
Have you ever been part of a company sale before or been at a private meetings/meetups where founders talk about how they sold their business? I've never sold a company, but I've talked privately with many that have (and have
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by
baldajan
5y ago
From a pedantic perspective, maybe... another way to put it: real_company_worth = sum(valueOf(technology), valueOf(people), valueOf(assets)) sale_price = max(total_money_raised_owed, real_company_worth) if sale_price == total
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baldajan
5y ago
The $80 million price tag wouldn't have been achieved if they hadn't raised $80 million first. When an acquisition sells at the same price as money raised, good sign the company isn't worth that much - it's just the mini
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baldajan
5y ago
I'm not sure if you ever used StoreKit or their subscription API... its so full of holes and poor documentation and poor implementation that it's a nightmare to work with (particularly subscriptions). Don't believe me? There&
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baldajan
5y ago
"purchasing mechanisms" is what's interesting... it's not just information.
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baldajan
6y ago
Epic is trying to get this done. But the companies are afraid that could trigger anti-trust cases against them. It’s complicated - but they’re watching and I believe big tech has grown tired of Apple’s power.
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by
baldajan
6y ago
That’s the problem with paid apps... but I also believe now it’s a problem with devs not validating the app receipt to check for refunds and prevent access. For in-app purchases, up until a few years ago, users would always have access to t
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baldajan
6y ago
"for less than they had raised" - that's actually not true and sloppy journalism from the journalists that wrote it. If you look at North's funding - the difference between the suspected purchase price of $180M and what
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baldajan
6y ago
Majority of people use Chrome. So it’s a very valid tip regardless of what browser I use.
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by
baldajan
6y ago
Just a tip: always have your domain start with the brand name. “Get___” “try___” “by___” etc are terrible because when a user is searching to quickly go to your domain, they’ll type your brand name first (as that’s what will come to mind).
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baldajan
6y ago
And the other founder, who is the CEO, absolutely hates Trump...
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baldajan
6y ago
I know them. Maybe lavish is a bit of hyperbole. And after their 15M series A, I can assume they had competitive salaries given their life decisions (modest homes and cars).
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baldajan
6y ago
"able to maintain their own lifestyles using grants from the Canadian government" - that's absolutely false. North/Thalmic was flush with cash for a long time, and though their Myo didn't sell "well" - it
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baldajan
7y ago
The last 6 years he's been campaigning for progressive ideas. M4A is talked about constantly, he pushed what healthcare should be in America beyond the ACA. He got younger more diverse people elected to congress and on a state level, a
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baldajan
7y ago
He pass substantial veterans aid reform as chairman of the VA committee, and passed it with the help and support of John McCain. Important to also remember his time as an Independent Congressman, where he passed more amendments than anyone
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baldajan
7y ago
He came of as progressive because (but not limited to) his views on M4A single payer, defending it and calling it the compromise solution, when comparing it to the UK system, where all hospital are own by the government and doctors work for
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baldajan
7y ago
The estimate is from 2015 - Trudeau got into Power in Nov. 2015...
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baldajan
8y ago
Pricing isn’t clear for larger scale apps. Is the extra charge per $1k on include the first 20k; after a tier is reached, how is the next $1k calculated. You should have an interactive price meter where we enter MTR and see the costs per mo
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baldajan
8y ago
I believe it’s in the video
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baldajan
8y ago
A recession is part of an economic cycle to rebalance misused assets. More housing isn’t the solution. Many House bubbles had ample housing for people to live in, but not enough for speculation. Building more houses kicks the bucket down th
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baldajan
8y ago
That's one way of kick starting a recession I guess...
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baldajan
8y ago
I think at this point, investors are trying to salvage what ever tech it has, and sell the company. No clue why employees are sticking around, maybe they’re currently looking for another job and it’s a slow drop to zero.
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Apple employees are calling 911 after crashing into headquarters’ glass walls
(business.financialpost.com)
1 points
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baldajan
9y ago
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baldajan
9y ago
I have no issues with John Hennessy, but I’m surprised they didn’t give the chairman position to Larry Page, who’s CEO and a Co-Founder. I wonder what’s preventing him from taking over full control...
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baldajan
9y ago
Reading the comments, there seems to be a lot of misconceptions and biases. But one general rule that’s been thrown out the window: Goverment is not the same as the People. A tech hub, bringing coding, tech and entrepreneurship to a region
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baldajan
9y ago
You’re underestimating the current oligarchy that exists. That’s why net neutrality is dead. You’re right, it’s not intrinsically true, but it’s pretty damn close to it... Side note: big companies generally die because they don’t take a rea
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baldajan
9y ago
It doesn’t have to last forever, it just has to last longer than the competitor.
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by
baldajan
9y ago
This reminds me of when the Conservative government in Canada did similar chest puffing activities. But local police refused to enforce the law. It'll also be interesting to see what state attorney's do. Will they sue the federal
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