ramish94

6 ms·

1.
by ramish94 4y ago
The more I read about this, the more Im absolutely dumbfounded that Sequoia poured money into them. It took an outside executive 1 day to find out how effed their balance sheet was. Did Sequoia not perform any due diligence?
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Bloomberg: Musk Warns Twitter Bankruptcy Possible as Senior Executives Exit(bloomberg.com)
27 points by ramish94 4y ago|18 comments
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by ramish94 4y ago
He mentions that they have everyone’s money, and then the very next tweet says “we’ll clear out liquidity crunches”. Literally a contradiction.
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by ramish94 4y ago
Welcome to the world of unregulated finance. There’s a reason the FDIC exists and all banks must be insured.
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by ramish94 4y ago
I’m a little ignorant to the whole crypto ecosystem, so can someone give me a quick rundown on the chain of events that led to this? Seems a little out of left field. BTX, from the outside looking in, looked to be one of the more well run,
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by ramish94 4y ago
Nice! Feel free to contact! mailto:ramish@ualberta.ca
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by ramish94 4y ago
If history is any indicator, starting a company during or shortly after a recession has yielded some massively successful results. Not only does it crowd out parties that would enter easily during good times, you also have access to incredi
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by ramish94 5y ago
Thanks for the reply. It certainly will be an interesting technical challenge to try and propagate changes efficiently. Speaking from experience (I've worked with Terraform a lot the past 2 years), it can be a tough nut to crack, so go
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by ramish94 5y ago
Terraform (as you may well have already found out) is a blessing and a curse. It's great for instantiating infrastructure quickly and repeatedly, but what it's not great for is managing it going forward and streaming changes (it s
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by ramish94 5y ago
Responded!
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by ramish94 5y ago
As you may already know, integrations are the heart and soul for products like this. I'm assuming you're already being bombarded by potential/current users asking "when will you have integration X?". What is your st
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by ramish94 5y ago
Are you hiring PM's? :)
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by ramish94 6y ago
I have yet to read the S-1, but I'm assuming it's the same issue as Uber. Inflated overhead due to higher baseline operating costs. Uber/Airbnb don't need near the amount of product/engineering they actually have.