ganeumann

7 ms·

1.
by ganeumann 5y ago
That may be true in many companies, but venture capital funded companies almost always have something called a "Voting Agreement". I pulled a random one from my folder of docs, it is below. The upshot, if you are not used to readi
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by ganeumann 5y ago
While this is theoretically true, I think you would be hard-pressed to find an example of someone suing and winning.
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by ganeumann 5y ago
That is how it works. The board has the power to fire the CEO in all companies that I know of. (I suppose you might be able to write the bylaws so this isn't true but I'm not sure; a corporate lawyer would know.) The best you can
4.
by ganeumann 5y ago
Very few things in a VC-backed startup require a shareholder vote. Firing the CEO is not one of them (this is a board vote.) Electing directors to the board is not one of them (this is usually the subject of a voting agreement that ensures
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Big Oil’s Favorite Toy: Supercomputers (2018)(wsj.com)
39 points by ganeumann 7y ago|36 comments
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Google Maps Littered with Fake Business Listings(wsj.com)
2 points by ganeumann 7y ago|0 comments
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Apple Infringes Qualcomm Patent; Judge Recommends Ban on Some iPhones(bloomberg.com)
5 points by ganeumann 7y ago|1 comments
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by ganeumann 8y ago
Good list. Nit: Crossing to Safety is Wallace Stegner
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Crypto Pioneer David Chaum Says He’s Built a Better Bitcoin(wsj.com)
4 points by ganeumann 8y ago|1 comments
10.
by ganeumann 8y ago
Responding solely to the 'moat' question: think railroad price wars in the late 1800s in the US. Industries with capital expenses relatively large compared to contribution margin tend towards local monopolies. When faced with a po
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Big Oil’s New Favorite Toy: Supercomputers (2018)(wsj.com)
2 points by ganeumann 8y ago|0 comments
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Kraken Phishing Warning(blog.kraken.com)
1 points by ganeumann 10y ago|0 comments
13.
by ganeumann 10y ago
I'll skip the humility. I'm smart. Always have been. My parents realized it early on and praised me for it. I pretty much slept through high school because after a couple of minutes of explanation of any math, science or computer
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by ganeumann 10y ago
It's often an issue in up-rounds as well. Sometimes firms can't follow-on from a different fund even if they're following, up-round or down-round. That's why funds usually reserve money for follow-on investments. Firms o
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by ganeumann 10y ago
Not proof that this happens every time, but some evidence from the 1980s: http://reactionwheel.net/2015/01/80s-vc.html
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by ganeumann 10y ago
Sure, but tackling a problem in a way that your competition can't respond well to is called a strategy. I mean, you can define disruption any way you want, but keep in mind that the reason people use the word disruption when they mean
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by ganeumann 10y ago
OP. Meh, every single startup I've seen in the past 25 years has claimed that they are tackling their problem differently than their competitors in some way. If this is what disruption means, then it's the quintessential distincti
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by ganeumann 10y ago
Re the options, the S-1 says: "As of March 31, 2016, we had outstanding options to purchase an aggregate of 16,704,752 shares of our Class B common stock, with a weighted-average exercise price of approximately $5.57 per share, under o
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by ganeumann 10y ago
It matters mainly because we have come to the point where you need to be very rich to pursue justice. If Gawker wronged you, as a hundredaire, you're just SOL. I think much of the anger at Thiel is really misplaced anger at a justice s
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by ganeumann 10y ago
It's not obscure. It's pretty well understood by financial markets players, including VCs. I think it's probably not well known by startup employees because it's an issue they've almost certainly never been faced wi
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Confessions of a Failed Early-Stage Equity Investor(blogs.wsj.com)
1 points by ganeumann 10y ago|0 comments
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by ganeumann 10y ago
Information rights typically don't get you more than quarterly reports
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by ganeumann 10y ago
Monthly marks are pretty meaningless, especially as the companies being marked probably don't provide new information to Fidelity monthly.
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by ganeumann 10y ago
Well, not in the US. The money paid to employees is tax-deductible to the business, so it's only taxed once (the employee pays taxes on the money paid to them, but the business doesn't.)
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by ganeumann 10y ago
> By the way, is there any attempt for a programming language of human body on biochemical level? Not quite, but there are languages that allow you to create organisms using known proteins, etc. https://moleculamaxima.com&#x2F
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Natural Proof(en.wikipedia.org)
1 points by ganeumann 10y ago|0 comments
27.
by ganeumann 11y ago
Well, it's not. Not unless you live in one of a very few countries (Afghanistan, Pakistan, Syria, Nigeria, or Iraq, http://qz.com/552334/more-people-died-from-terrorism-last-ye... ). People forget that there has al
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Comcast follows Google Fiber's $70 plan in Atlanta(fiercetelecom.com)
1 points by ganeumann 11y ago|0 comments
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Thousands of Fidelity workers enroll in student loan repayment benefit(bostonglobe.com)
2 points by ganeumann 11y ago|0 comments
30.
NY Judge's iPhone Hacking Case Reassigned [pdf](cryptome.org)
2 points by ganeumann 11y ago|0 comments

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