byrneseyeview

7 ms·

1.
Bitcoin from A to B(byrnehobart.com)
2 points by byrneseyeview 12y ago|0 comments
2.
You Say “Viral Content” Like It’s a Good Thing(byrnehobart.com)
1 points by byrneseyeview 12y ago|0 comments
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by byrneseyeview 14y ago
But that's exactly what they're sorry for. It's not like Dell's going to say "We're sorry we hired a jerk." That implies that they meant to hire a jerk. "We're sorry you're offended" means "We didn't do this out of malice, but we recognize
4.
by byrneseyeview 14y ago
One good reason to have this kind of bonus: you're more likely to end up hiring people who existing employees have already worked with. Having a common culture is hugely valuable, and outside recruiters/random applicants don't have this qui
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by byrneseyeview 14y ago
I searched for the readable headlines ("the pilgrim fathers" "a thrilling icident" "the pacific") and found this: http://spiderbites.nytimes.com/free_1864/articles_1864_12_00... So no, it doesn't look legit.
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by byrneseyeview 14y ago
I reasoned that there is no greater strategy at play by the Zynga geniuses in the war room of their ridiculous company headquarters. Whenever I find myself thinking this way, the klaxons start going off. I'm basically saying "My mental mo
7.
by byrneseyeview 14y ago
40x refers to the return to the investors. If investors own e.g. 30% (I am making this number up and have no knowledge of the situation), their return is ~12x.
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by byrneseyeview 14y ago
I don't understand why you'd trust a corporation more than Congress when it comes to how the tax code should work. If we all pay what we think we should owe, rather than what the rules tell us we actually owe, that would lead to chaos. "If
9.
by byrneseyeview 14y ago
But if the money is never distributed, how does it benefit the shareholders? My thought experiment from earlier in the thread: what is the net present value of a billion dollars in cash, if I put it on a rocket and launch it into space? If
10.
by byrneseyeview 14y ago
This indirectly brings up the point that it's hard to make the case for directly taxing corporations at all, aside from the fact that it's convenient. Ultimately, all corporations are owned by tax-paying people (or nonprofits). So why not t
11.
by byrneseyeview 14y ago
The value of your stock is the net present value of the future dividends you should expect. If you put a billion dollars in cash on a rocket and launch it into space, the value of that billion dollars is not one billion. It's near zero, dep
12.
by byrneseyeview 14y ago
If I live off of my savings, and generate no taxable income, am I also immoral for driving on roads? What if I work part-time, but pay less in taxes than the average person? Once you have a theory that it's morally wrong for people not to p
13.
by byrneseyeview 14y ago
The maneuver you describe is equivalent to incorporating in Delaware (or Nevada, I suppose). You can compound your wealth in the low-tax environment, but you will pay taxes when you try to transfer it to yourself. Just like Apple, in this c
14.
by byrneseyeview 14y ago
Right, but they may not be the most effective means to do so. If I mow your lawn, then break into your house to steal $20, I might justify that on the grounds that your mowed lawn is worth $20. But in most sensible economic relationships, w
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by byrneseyeview 14y ago
I find it fascinating that being offended entitles people to extra credibility and lower standards of proof. It would be interesting to imagine a world being offended made you less credible, and forced you to have higher standards of proo
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by byrneseyeview 14y ago
Last time I got hired by a big organization (definitely not C-level), my interaction with HR was as follows: they called me up to say they were sending an offer letter, and asked if by the way I could fill out an application and send them a
17.
by byrneseyeview 14y ago
It's hard to come up with a counterexample when you're looking at outliers. A successful startup is already statistically improbable, so I don't think you can easily say that if Paypal had hired more jocks instead of nerds, it would have do
18.
by byrneseyeview 14y ago
Aside from being "provincial," is he wrong? Diversity creates communications latency. For example, on HN I can refer to "latency" in this context--it would take way more syllables to express the same thought to lots of the people I interact
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Huffington Post wins Pulizter(huffingtonpost.com)
1 points by byrneseyeview 14y ago|0 comments
20.
by byrneseyeview 14y ago
May 2012 $15.00 puts are $2.10/share, so at the current market price the insiders are still ahead. They may put a premium on diversification, but they also sold stock before the IPO.
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by byrneseyeview 14y ago
You're right. The "edit" button has expired.
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by byrneseyeview 14y ago
Why should they have sold for $6 billion? They're worth $9.6 billion today. Groupon is not a bet on the coupons business--that doesn't justify the current valuation. Groupon is a bet that if you can reinvent the Yellow Pages, at scale and o
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by byrneseyeview 14y ago
By what metric exactly is Yahoo News still the top news site? ComScore. Yahoo gets an enormous amount of traffic: Alexa also considers Yahoo as a whole the #4 site (behind Google, Facebook, and Yahoo). And Y recently hired a White House c
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A Turing Test for Not-Quite Spam (digital-dd.com)
2 points by byrneseyeview 14y ago|0 comments
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Google announces 50 search changes implemented in March(insidesearch.blogspot.com)
87 points by byrneseyeview 14y ago|42 comments
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by byrneseyeview 14y ago
I'm late to this, but: yes. Or rather, if you say something really offensive, like "Women should be allowed to read books, or even leave the house without covering their faces," it's not offensive because you probably aren't saying it in fr
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by byrneseyeview 14y ago
Guys. This is bad news. But it's a tiny, transient issue, which they've already corrected. If you're serious about considering this evidence of fraud, it would be great to get an idea of how much you've shorted since the story came out (or
28.
by byrneseyeview 14y ago
There were some questions about Groupon's accounting in the past, but the numbers Groupon initially released were actually a) more conservative, and b) harder to game, than the numbers they ended up using. Their current financial statements
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by byrneseyeview 14y ago
Because the nature of the restatement is that they got more product returns than they expected, so they had to change some accounting policies to account for that. This doesn't affect cashflow, so it has minimal bearing on the odds that the
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by byrneseyeview 14y ago
Lame complaints may be a problem, but I'm not so sure about complaints in general. A link like this exists to give you a one-sided case for using an app. Following that up with a counterpoint seems like the most informative way to proceed.

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