stevievee

6 ms·

1.
by stevievee 3y ago
So this is the level of finance/accounting sophistication now expected for a business with a valuation of $30m–60m? Maybe I'm out of touch. I think this guide lowers the bar unnecessarily.
2.
by stevievee 3y ago
It's really not. The overall tone is "You don't know anything about finance/accounting as an inexperienced leader but that's okay! - Just outsource it! Oh and here are some tidbits so you can pass off as knowledgeab
3.
by stevievee 3y ago
Marco Arment has been one of my favorite makers to follow over the years. Awesome.
4.
by stevievee 4y ago
Too much to address so I generalized. I don't have time to go into details but the very big problems you could encounter mainly revolve around misses on compliance because you took a very lax approach to Finance ie. accounting standard
5.
by stevievee 4y ago
This is just a bad piece of content marketing. If you just raised a $30-60+ million Series A and are relying on anything in this article, you will have bigger problems. It is this self-righteous approach to finance/accounting that gets
6.
by stevievee 4y ago
A UI for accessing my ebook library on my ios/mac devices. A custom fork of Calibre-Web
7.
by stevievee 4y ago
You can buy a shoebox in the sky or something tattered in the middle of nowhere. This is by design of course. All hail the central planners
8.
by stevievee 4y ago
This article and many like it "assign fault" to the labour by making too many assumptions about the cause of the decrease in labour productivity being a decrease in labour effort, motivation etc. In reality, this just a misreprese
9.
by stevievee 4y ago
Well put. I am the same way. I view it as the vector of my past experiences and knowledge. Though, I do have to be careful not to conflate gut with excess of any emotion ex. greed, hope etc. I am also carefully aware of when the "rules
10.
by stevievee 4y ago
Agree completely. I like the point on disagreement of value and OP should be prepared to move on. I just want to add that OP should negotiate for the future and not get too hung up on trying to recover the past or think they are entitled to
11.
by stevievee 4y ago
"...the retail giant has pledged to become the Earth's Best Employer, not just for frontline warehouse workers but for corporate and technical employees, too..."* * As long as it doesn't interfere with the share price a
12.
by stevievee 4y ago
Who says it will only be Edwin?
13.
by stevievee 4y ago
[Insert name] from Stripe here... [Insert apology] [Insert vague explanation] [Insert promise to investigate and resolve]
14.
by stevievee 4y ago
I love how you worded your advice here and I agree this is the best approach because macroeconomics is a "social science". Everything you hear and understand about central banking as it exists today is just part of the prevailing
15.
by stevievee 4y ago
If only these studios appreciated that they could compound the value of the IP by rallying the existing fans (ie. "early adopters") instead of trying to jump straight to the "majority" audience. It is just corporate gree
16.
by stevievee 4y ago
Definitely not Gandalf
17.
by stevievee 4y ago
"Engineer good, MBA bad" ...there I fixed it.
18.
by stevievee 4y ago
Unfortunately, this anecdote re-enforces a stereotype. The CFO in this story is bad and so is senior leadership and the board for allowing the new CFO to run amok. Not all new CFOs are bad and not all CFOs with leadership will destroy a com
19.
by stevievee 5y ago
I feel for you. From what I hear, the population in the Netherlands has a unique appetite for overleveraging to buy a home (and this is coming from someone who lives in the most overpriced housing market in the world)
20.
by stevievee 5y ago
I think the environment has changed since this was project was executed. I am not familiar with the industry but it now seems like travel companies and airlines have more ad-hoc control of their online prices. Someone please correct me here
21.
by stevievee 6y ago
Sorry I disagree - I am not saying they are purposefully influencing the flow of capital but their ideas are brought up for discussion by the so-called experts a lot more often because of who he is and how much they manage. Most managers ar
22.
by stevievee 6y ago
The definition of "right" within market dynamics isn't simple - prices will increase with the increased flow of capital regardless of whether the underlying ideas are sound. Changing the opinions of money managers can change
23.
by stevievee 6y ago
You will not struggle to find Bridgewater/Dalio talking about the following themes: - The concept of "Debt cycles" (From Dalio's book "Principles for Navigating Big Debt Crises") - Interpretation of monetary p
24.
by stevievee 6y ago
The ideas and narratives put forth by Bridgewater/Dalio over the past 1-3 years are permeating markets and shaping investor sentiment more than you think. Both retail and institutional.
25.
by stevievee 6y ago
"99% of cognitive effort is tip-toeing around all of the unused functionality minefields" This almost always goes unrecognized. Not sure if project manager's fault, the actual software or just the horse-blinders everyone puts
26.
by stevievee 6y ago
We are still really, really far away from near full automation in accounting. If there was a universal API for financial data exchange between companies then maybe it would be accelerated (starting with Accounts Payable Workflows). Would be
27.
by stevievee 6y ago
On 2)... TSMC produces the M1 and it will be interesting if they eventually enter the fab business... Apple is one of the few companies with the required capital. This is all on the heels of the news that Samsung is planning a foundry in th
28.
by stevievee 6y ago
This has been my investing thesis on SPACs as well. While it may be obvious to most investors, comments like this that share the idea will make it harder for me to get in early. Selfish, I know.
29.
by stevievee 6y ago
On decommissioned servers, if there is no variable speed control you can solder resistors to the fans and just monitor temps.
30.
by stevievee 6y ago
Personally, I am not a fan of shorting but in addition to "liquidity" there is also "price discovery". Using excess leverage to short and floating 150% of the shares short is potentially a problem but the same would be t

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