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ypzhang2
searching Neon…
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ypzhang2
2y ago
They most likely have dual trigger RSUs, so the second trigger is typically a liquidity event. You are talking about single trigger RSUs with only time based vesting. Also a 83b means you pay taxes at the time of issuance rather than vestin
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ypzhang2
2y ago
Except it’s not government related action. This is what a current official did prior to him becoming the minister while an executive of a rail company. So the analysis and the discussion below all stem from a faulty premise
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ypzhang2
2y ago
The best tasting ingredient in a dish is “someone else made it”
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ypzhang2
2y ago
They did think about it and that was their plan? It would be helpful not to strawman arguments that can be directly refute by reading the article. It didn't work out because of real world execution is harder than just saying that they
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ypzhang2
3y ago
Effectively, its all just based on what indicators have a sufficient signal-to-noise ratio. If the signal-to-noise is high enough for any detectable behavior, then it can become a SAR. You can absolutely have a public forum to share tips o
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ypzhang2
3y ago
I doubt there is truth to the common trope that "REAL rich people don't buy X/Y/Z". Its a No True Scotsman argument. In actuality, Kelly / Birkin are appreciated by a wide spectrum of people, even folks who a
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ypzhang2
4y ago
Yes wealth can be turned into power, but you know what already is power? Political power. Wealth is a counterpoint to political power. This is why communist systems become authoritarian, because there is no counterpoint to the power of t
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ypzhang2
4y ago
This is trivially easy: this home was sold in 2007 for 2.9m and was just recently solid for 1.8m 7 months ago. Top of market took a huge beating in 2007-2008. https://www.zillow.com/homedetails/162-N-Wynstone-Dr-North-
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ypzhang2
4y ago
The legal standard is material adverse effect. It’s a very high bar. As commentators have noted, it’s unlikely any court finds for that legal standard. This is why Elons lawyers have been using pretextual reasons to walk away. He is not
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ypzhang2
4y ago
https://documents1.worldbank.org/curated/en/7807215106396985... FTA: "Canada is home to some of the world’s most admired and successful public pension organizations" and "The core characteristics o
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ypzhang2
4y ago
There is a big difference in Canadian pension funds and US pension funds. Canadian pension funds are run more akin to a private equity firm. They invest directly in growth stage deals and therefore take commensurate risks like any other pr
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ypzhang2
4y ago
Look up the "Canadian Model". Canadian Pensions like OTPP are run more like private equity funds and they compensate their employees the same way in order to compete in terms of talent in order to generate deal-flow and deal ident
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ypzhang2
4y ago
It’s not a duopoly? Amex exists and so does discover. Visa and Mastercard may be large but certainly not the only game in town
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ypzhang2
4y ago
This seems to be the “popular” narrative but the actual truth seems to be much more nuanced. Labeling the senate as a block for example misses a large part of it: https://www.reddit.com/r/AskHistorians/comments&#x
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ypzhang2
5y ago
Panamera turbo s e-hybrid or the cayenne turbo s e-hybrid certainly doesn’t have “abysmal” performance
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ypzhang2
5y ago
Yes but if you tighten nbbo by mixing retail and institutional orders, it by definition will still be worse than the retail market maker price, so end result is worse for the consumer anyways?
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ypzhang2
5y ago
Anecdotally, western democracy was seen as a means to an end for many “common folk Chinese”. The end is prosperity. Now that the prosperity gap has drastically closed (also there are more clear paths to prosperity), the desire has also di
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ypzhang2
5y ago
Two flaws would be to assume A) the ccp is a monolithic entity And B) they have complete control over tencent et al. Some control isn’t complete control. Factions exist in the ccp and having outside concentrations of power can lead to da
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ypzhang2
5y ago
It’s not really bizarre at all. Parents and therefore students care about rankings, and it directly leads to enrollment, donations, and talent attraction. There might not be changes in overall rankings but individual college or program ra
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ypzhang2
5y ago
There really isn't any weekly obligations when I went through, other than a dinner weekly. You met with the partners as much as you liked. At Demo Day, there were folks in 2011 with no product, someone even pivoted the day before dem
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ypzhang2
6y ago
Unlikely that this is just random. These credit facilities all have covenants and reporting requirements. When these things get frozen or wound down, almost assuredly some sort of risk covenant or similar was breached, which gives the fund
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ypzhang2
6y ago
Anecdotally, this has happened in a lot of different places than just Cuba. This article goes into in-depth detail on one particular person's experience: https://www.gq.com/story/cia-investigation-and-russian-micro
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ypzhang2
6y ago
Not sure the numbers bear that out: https://www.prnewswire.com/news-releases/porsche-posts-recor... https://www.cnbc.com/2020/01/13/lamborghinis-2019-sales-jump... Anecdotally as well, H
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ypzhang2
6y ago
Yes there is value in the product, its like fancy Regus, which is a real business. Its not worth what it was worth.
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ypzhang2
6y ago
It's obvious there is value, otherwise these companies wouldn't exist, no matter how much VC money is pumped in. For consumers: Ability to order from multiple restaurants through one consistent interface / payment flow. This
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ypzhang2
6y ago
Conversely, America was also founded on the rights of private property, and the shareholders of Google has delegated the power to control their property to the management team at Google, who have then implemented this policy to remove this
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ypzhang2
6y ago
These two articles are somewhat related and illuminating: https://www.bloomberg.com/opinion/articles/2020-04-20/there-... https://www.bloomberg.com/news/articles/2020-04-17/gian
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ypzhang2
6y ago
I don't have a good sense on the other points but I would point out the points about China are not quite right. 1. This is untrue. Masks were worn intermittently only on "bad pollution" days in cities like Beijing and Shangh
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Model S Performance vs. Taycan Turbo S Comparison Test
(caranddriver.com)
2 points
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ypzhang2
7y ago
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ypzhang2
7y ago
The point is that failed stores is not a good metric to optimize for. You can have 0 failed stores if you open 0 stores. A successful operation will inevitably have failed stores. Having a long list of failed stores doesn't mean anyt
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