samclearman

5 ms·

1.
by samclearman 4y ago
Not sure what you mean by "should" here, but the IRS definitely considers it to be a gain that you have to pay taxes on, regardless of whether you can sell the shares.
2.
by samclearman 4y ago
RSU's are taxed on vesting, so it would be worse than options if anything. Best are options with early exercise, but they're still not perfect (you have a possibly significant upfront cost to exercise them). Really they should jus
3.
by samclearman 4y ago
Yes, it's common. They'll say that it's because they don't want unapproved investors on their cap table, which I guess is reasonable, but obviously the main reason is "because they can".
4.
by samclearman 4y ago
Because the system is crazy, but it only affects early employees of successful startups so there's no political will to fix it.
5.
by samclearman 4y ago
In this case, the way it works is: 1. You exercise your options, for a paper gain of millions of dollars 2. However, you can't actually sell the shares (there are likely contractual restrictions on selling them, and even if not, there&
6.
Show HN: 2etris – the most elegant 2 player Tetris variant(2etris.com)
2 points by samclearman 4y ago|0 comments
7.
by samclearman 6y ago
https://medium.com/@samclearman/stop-paying-for-e-books-and-...
8.
by samclearman 7y ago
The article is about the 18th and 19th centuries.
9.
by samclearman 7y ago
I work at Scale - I've met a bunch of people that work on our platform, and seeing the impact that it's had on their lives is actually a huge source of inspiration to me. There's a writeup highlighting some of their stories
10.
by samclearman 8y ago
Most Americans have spare bedrooms for when guests visit. You could have your guests stay at a hotel but typically that will be really far from your home which sucks for everybody. Having Sonder or Airbnb style short term rentals distribu
11.
by samclearman 9y ago
Pricing is per household, so a family of four spends the same as an single individual.
12.
by samclearman 9y ago
Maybe you never used to spend more than $10/month on video, but most Americans have been spending an order of magnitude more than that.
13.
by samclearman 9y ago
A la carte TV pricing was always a stupid idea. What people really wanted was cheaper pricing, which is of course not going to happen.
14.
by samclearman 9y ago
Top students getting offers in California are getting 150k USD minimum (including equity and bonus).
15.
by samclearman 9y ago
The other, probably more important, innovation was that you have to take the picture at the same time as you send it - no loading from the camera roll.
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by samclearman 9y ago
Well spotted.
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by samclearman 9y ago
Yup and the solution is simple, a land value tax as close to 100% as is practical.
18.
by samclearman 11y ago
Probably because Firefox is a well known brand and Mozilla isn't.
19.
by samclearman 11y ago
Presumably the deal terms include a liquidation preference and thus the implied valuation is essentially horseshit.
20.
by samclearman 11y ago
This stuff is much worse than NSA data collection. Gag orders are evil, and secret courts are even worse. I really wish people would stop worrying about government surveillance - who cares what people know about you? - and start worrying
21.
by samclearman 11y ago
No. All the data that they use is self-reported (when you sign up for health insurance, they ask you if you smoke, etc).
22.
by samclearman 11y ago
This article is utterly useless without comparisons to the equivalent numbers in other major economies.
23.
by samclearman 11y ago
This kind of thing is an advantage of Airbnb. Our litigious society has resulted in overly sanitized public spaces - no hotel would have a rope swing on a tree because of safety/liability concerns. We need to realize that it is not
24.
by samclearman 11y ago
Actually a bigger problem is that his advice is just straight up hard to follow. If correctly valuing public companies were easy, the market would be a lot less volatile.
25.
by samclearman 11y ago
... Since then interest rates went to zero and corporate profit as percent of GDP went to 10. I guess that's why he doesn't like to try to predict the market :)
26.
by samclearman 11y ago
Given that a US default would likely cause the collapse of the US financial system and possibly the entire world's financial system, it makes perfect sense to trust the US government's credit over that of any bank.
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by samclearman 12y ago
According to the article, and my own experience with google's version, it's good enough for simple portraits. Since most photos, and close to 100% of photos anybody actually cares about, are portraits that makes it a pretty useful
28.
by samclearman 13y ago
If he has some justification for the formula to be as it is, why hasn't he shared it with us?
29.
by samclearman 13y ago
How does it make any sense to multiple the date by the sign of the score? It's true that it only matters when the score is negative, and so it doesn't really affect much in practice, but the code is clearly a typo.
30.
by samclearman 13y ago
No way to disable tabs (in particular the default "open in new tab" behavior) in Chrome.

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