wraaath

5 ms·

1.
by wraaath 1y ago
It's in the link above, but in text format for those not willing to click: (source was from the US treasury department bureau of fiscal service) Deficit under administration of: Republicans: Trump: +7.1T HW Bush: +2.2T W Bush: +2.1T R
2.
by wraaath 1y ago
A decade too late for Appnexus
3.
by wraaath 1y ago
That hasn't been my experience. I've never had the experience of BigCo only acquiring just enough for 50.1% ownership. There's also clauses in the equity plans for participation on change of control (assuming that BigCo tak
4.
by wraaath 1y ago
True that stock _options_ are only worth something after an IPO, but vested and exercised stock options that get turned into equity is a different story. Equity can be worth something via acquisition from private equity doing roll-ups, corp
5.
by wraaath 1y ago
Here's the set of categories exempted from the tariffs (via perplexity) Original source: https://content.govdelivery.com/accounts/USDHSCBP/bulletins/... Backup: https://archive.is/el9Mz
6.
by wraaath 1y ago
holy crap the backstory on amazon fresh. no wonder. meanwhile I thought they'd solved that through tagging or something. I guess I should've known - I had read the articles on how scale ai had a ton of folks in the philippines..
7.
by wraaath 1y ago
More importantly - the US bond market Treasury yields, the trigger that caused Trump to finally 180, has now continued rising (i.e. a very bad thing). https://www.cnbc.com/bonds/
8.
by wraaath 1y ago
Some potential insider antics: https://x.com/unusual_whales/status/1910167321878163815
9.
by wraaath 1y ago
All of this ONLY after https://www.reuters.com/world/us/us-sec-see-exodus-hundreds-... Eyes wide shut as they loot.
10.
by wraaath 1y ago
The US is rapidly moving towards becoming the Sultanate of Dumbf*ckistan.
11.
by wraaath 1y ago
I recruited for a late stage pre-ipo unicorn after COVID. On the cash portion of compensation - 145k was the suggested starting negotiation point for a fresh out of college engineering candidate at offer stage. For that level, we'd g
12.
by wraaath 1y ago
He went off like an idiot on tariffs the very first weekend. Canada & Mexico if you recall.
13.
by wraaath 1y ago
Or, this the beginnings of a sell-off as the rest of the world realizes that the US is no longer a reliable (trading/military/alliance) partner, and will move to mitigate the dependency for the rest of the world's mutual pres
14.
by wraaath 1y ago
All of the major Wall Street banks called in their staff over the weekend. Lots of margin calls going out due to the market losses so far. Monday will be another bloodletting day, so there will be a chance that some customers may go unrec
15.
by wraaath 1y ago
I wonder what the over/under is on the number of banks that will fail in the next 7 days and whether it will precipitate into a contagion vector.
16.
by wraaath 1y ago
No - it's based on hype and dreams. If it was solely based on fundamentals TSLA would carry an car company multiple, dropping a digit off it's share price. At that price, Elon would have a significant chunk of his TSLA holdings
17.
by wraaath 1y ago
calls for 3 months out only make sense once the stock price is decimated, and there's no certainty that prices will recover given the bumbling antics of this administration.
18.
by wraaath 1y ago
I was thinking margin calls too: https://news.ycombinator.com/item?id=43423201#43425801 He had a sizable chunk of collateralized borrowings against his Tesla shares even before the Twitter acquisition. There was the risk
19.
by wraaath 1y ago
And.. looks like there was an update on the valuation from Bloomberg: Aggregate over 100B, but less than 113B due to some mingled ownership. https://archive.is/esoEN
20.
by wraaath 1y ago
And another one in this similar vein: https://news.ycombinator.com/item?id=43510865 Also - Trump nerfed federal enforcement of foreign anti-bribery laws, because, of course. https://us.transparency.org/news
21.
by wraaath 1y ago
Also - the wording on the deal: xAI being valued at 80B X being valued at 33B Is the xAI 80B number inclusive of the 33B (45B including debt)? That would back into xAI's valuation moving backwards since the December round. Usually when
22.
by wraaath 1y ago
And then they get summarily purged by DOGE. Reddit LeopardsAteMyFace style.
23.
by wraaath 1y ago
Definitely great for the Twitter investors to be able to convert. I think they took a haircut relative to the 42B that they came in on, as the 45B includes the 12B debt. (42 gets reduced to 33, so 21-22% haircut) xAI also raised 6B in Dece
24.
by wraaath 1y ago
While simultaneously causing one of the biggest mass casualty events in what was once the United states.
25.
by wraaath 1y ago
You still do see plenty of trash in the 10-K's with all of the massaged messaging, but yeah.
26.
by wraaath 1y ago
I doubt that either of the parents have (1) or (2) in their mindset/decisioning tree. This is just Darwinism in full effect. Nature has a habit of shaking off the weak, and the weak minded.
27.
by wraaath 1y ago
At this stage, employees don't own enough for it to be a meaningful percentage. According to Tesla's 2024 10-K annual filing - as of December 31, 2024, total RSUs vested total 18,409,000 which, at today (March 21 2025) have a mark
28.
by wraaath 1y ago
One other thing that hasn't been heavily talked about: What $/share on TSLA will trigger margin calls on the massive loans that Musk took out collateralized by his TSLA stock. Once those get triggered, the snowball effect of mar
29.
by wraaath 1y ago
GEO Group also operates similar facilities in Australia, and is publicly traded in the US stock market under the symbol GEO. For the quarter ending 12/31/2024, they had top line revenue of 608M, but pre-tax income came in at 24M,
30.
by wraaath 1y ago
Along with all of these Musk/Trump regime's antics, the cruelty is merely a feature, not a bug.

More ›