jscode

4 ms·

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Ask HN: Finding the license holder of images in 1M+ image library
1 points by jscode 4y ago|0 comments
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by jscode 4y ago
Cheap debt and steady economic growth has made it easy for bad actors to fly under the radar. That may change if there’s a prolonged economic downturn. https://www.cnbc.com/2022/07/13/inflation-rose-9point1per
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by jscode 4y ago
Don’t commit financial crimes. Ever. It’s not worth it. Losing everything you own and your reputation is better than spending a meaningful chunk of your life in federal prison. Burning Bellatorum is an excellent example of how hubris and an
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by jscode 4y ago
> If you accept for a moment that there is de facto discrimination arising from the actions of private actors, and you believe that this is a net negative for society, how would you go about reducing or elimination it? Laws can’t make pe
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by jscode 4y ago
Yes, Excel spreadsheets frequently contain errors that are hard to spot. Sometimes those errors end people’s careers and damage companies. Tools like Quantrix that use multi-dimensional models provide a formula syntax that’s radically l
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by jscode 5y ago
This is ultimately a cultural challenge, not an analytical challenge. You don't win cultural battles with intellectual debate, rigorous analysis, or facts. You win cultural battles with politics and power. That means finding a way t
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by jscode 5y ago
Check your inbox.
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by jscode 5y ago
Incentives matter and PEGs want companies to grow significantly over the life of their investment. The biggest reward comes from the future sale after you’ve increased the enterprise value 10x. I’m sure that people have made poor decision
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by jscode 5y ago
I agreed with what you were saying and updated my previous comment for clarity.
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by jscode 5y ago
I agree. Considering the complexity within organizations, imagine pleading your case to a couple of Stanford MBAs that are 1) incredibly smart, 2) operate in a PE culture that rewards managers that provide others with "negative feedba
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by jscode 5y ago
> I just couldn't understand why the managers and other people in leadership positions stuck around. Money. Investors typically carve out equity to retain key personnel (i.e., management units/stock). The units are worthless
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by jscode 5y ago
>> Having dealt with 2 PE exists, rarely is the proposal something as upfront and silly as slash everyones pay. Agreed, but a gradual erosion can occur over the course of several years. PEGs and the operating company's managemen
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by jscode 5y ago
They do understand that cutting costs will have an impact on culture and morale, they just think the marginal benefit exceeds the marginal cost. Keep in mind, PEG managers are chasing a carried interest bonus which they only achieve after
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by jscode 5y ago
Quick story: I was the CFO for a company that sold to a private equity group (PEG). I took over as the CEO as the founders retired, leaving me to deal with the PEG. It quickly became apparent that the PEG managers looked at everything throu