philrapo

6 ms·

1.
by philrapo 9y ago
A common zoning distinction is that a bed & breakfast is a private home where the host lives in the home. If the host does not live there, many cities/towns would then consider it a hotel and subject it to different rules. I think
2.
by philrapo 9y ago
AirBnb is also collecting occupancy tax in many cities [0]. I don't have a view on whether this tax is well justified, but it does seem like if hotels are required to charge it, then full time airbnb hosts should be required to charge
3.
by philrapo 10y ago
Prominently displayed in large font on page 1 of the Goldman research report on Tesla: "Goldman Sachs does and seeks to do business with companies covered in its research reports. As a result, investors should be aware that the firm ma
4.
by philrapo 10y ago
You are conflating the investment banker and the equity research analyst, which have legally mandated information sharing firewalls. Also this potential conflict is clearly and openly disclosed, e.g. "This company publishes research a
5.
by philrapo 10y ago
It is much harder for investors to do their homework on private companies, because (as described in TFA) many private companies selectively disclose metrics that paint them in a positive light. And there are no requirements or standardize
6.
by philrapo 10y ago
A different rational response could be to raise parking ticket prices. I live in NYC. Parking here is so expensive that paying for a parking ticket (if you happen to get caught parking illegally) is cheaper than paying for the parking gara
7.
by philrapo 10y ago
"I think this means building something on the internet, but not using AOL"
8.
by philrapo 10y ago
Levered people, whether rich or poor, are the ones who are forced to sell. There are always some over levered folks from both ends of the economic spectrum. As long as you can make your monthly payments, you'll never be forced to se
9.
by philrapo 10y ago
The average founder is (or was) already 30+: https://hbr.org/2014/04/how-old-are-silicon-valleys-top-foun...
10.
by philrapo 10y ago
Broadly speaking, investment banks perform two roles: 1) Act as advisors in financial transactions. You expect them to have your best interest in mind here. That's the core reason you are paying them -- to give you good advice and l
11.
by philrapo 10y ago
> Uber said it had not received any national security letters or orders under the Foreign Intelligence Surveillance act. This statement is likely a warrant canary: https://en.wikipedia.org/wiki/Warrant_canary
12.
by philrapo 11y ago
Is there any reason you can't fly subsonic over land, then accelerate to supersonic over the ocean?
13.
by philrapo 11y ago
What do you eat at home for $1 a meal?
14.
by philrapo 11y ago
i was thinking this too. i'd like to also have a screen, for example on my fridge, where echo can post visual data replies.
15.
by philrapo 11y ago
Commercial planes and cruise ships buy insurance to deal with these issues.
16.
by philrapo 11y ago
Actually I have heard/read that it gets more common in very late stage (near-IPO) financing rounds as well. For example, when a company is expected to IPO in the next 12-18 months but needs some more cash runway, there are funds that
17.
by philrapo 11y ago
I haven't seen any data on it, but that's my understanding as well. (>1x is rare in today's market). But the NYT article does mention Honest Co. with a 2x on $1.7bn valuation, so there's at least that anecdote.
18.
by philrapo 11y ago
To put it another way, downside protection / insurance has value.
19.
by philrapo 11y ago
Are you saying you'd value shares at the same amount with or without a liquidation preference? I'd value the shares with liquidation preference at a premium, no contest. e.g. 1,000 total shares. You can buy 10% (100 shares) for
20.
by philrapo 11y ago
that's why you always voice confirm...
21.
by philrapo 11y ago
What about: 4. 3-D models are available for purchase to instantly print an item in any dimensions you'd like.
22.
by philrapo 11y ago
It's funny, but people in NYC rarely get to know their neighbors, regardless of rent vs. own. Cultural thing I guess. Maybe it helps ignore the extremely crowded population density.
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Amazon proposes a delivery drone flight plan(engadget.com)
2 points by philrapo 11y ago|0 comments
24.
by philrapo 11y ago
exactly. Wall Street is enamored with distributed databases, i.e. "shared replicated ledgers". Not the specific bitcoin blockchain or cryptocurrency. Blockchain as a term has become a bit like Kleenex. It's just a generic
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by philrapo 11y ago
If institutional investors were responsible for the decrease in volatility, I'd think we would've seen a corresponding increase in liquidity. (It's the additional liquidity and depth of market that they presumably would pro
26.
by philrapo 11y ago
"specialize" is good advice to get paid more. Specialization is why wall street people get paid so much. There are typically only a handful of people with relevant expertise trading [XYZ esoteric product], and when a company wan
27.
Ask HN: What is the best autonomous car on the market today?
1 points by philrapo 11y ago|0 comments
28.
by philrapo 11y ago
fair point. Though if you never hit the firewall, you'd also probably never sign up.
29.
by philrapo 11y ago
You could also pay for WSJ journalism. I'm surprised HN doesn't ever seem to care about this issue.
30.
RippleWorks Raises $60M to Support Tech Entrepreneurs in Emerging Markets(marketwired.com)
1 points by philrapo 11y ago|0 comments

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