Viewing profile — JonFish85
JonFish85
HN member- Joined
- Fri, Dec 14, 2012, 3:38 PM UTC
- HN karma
- 3,039
- Public activity
- 741 items
- HN profile
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About JonFish85
I live and work in Boston.
Recent public activity
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Comment #16849360
> Congrats either way! One thing to keep in mind, with something like this, employees' stock is almost certainly worth $0. There will likely be some sort of retention plan for some…
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Comment #16226436
"the main ones you care about are: revenue, expenses, total burn and cash in the bank" That's part of it, but not all of it. Total number of outstanding shares (including warrantab…
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Comment #16222958
"This is one area that YC has a strong incentive to act in, but hasn't." This is an interesting thing to consider. If you look at the current president of YC (sama), at least from …
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Comment #16205038
"isn't it also being loaned out as well" Hm? In the stock market, you pay a current stockholder for their share(s). The company sees no money from the transaction. It sounds like w…
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Comment #16204915
Just to play devil's advocate on this, the money in the stock market (i.e. any stock transaction outside of a public offering) is generally not being invested in companies that act…
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Comment #16128277
A different way to look at it might be that in most cases, an illegal deed might be overlooked simply because someone didn't have the funds to see it through the court system. It's…
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Comment #16082008
I think that this is a natural consequence of a world in which it's impossible to have a dialogue about some things. There are some topics in which it's essentially impossible to h…
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Comment #16064553
I thought Prisoner's Dilemma was more about the inability to have good information: the prisoners can't communicate with each other, and therefore have imperfect information about …
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Comment #16064509
Soundcloud exists, but is likely on life support[1]. 1. https://news.ycombinator.com/item?id=14990911
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Comment #16064467
Google and Apple have that too -- YouTube and iTunes have been around longer than Spotify, and likely have similar data sets.
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Comment #16062514
Isn't the point of an IPO generally to raise funds? In this case, it's just allowing people to sell their shares to the public, right? From the company standpoint, this is almost c…
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Comment #16062330
I'm not sure how the Prisoner's Dilemma applies here? I agree that consumers should be educated and have the ability to make informed decisions; in many ways, this is what makes a …
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Comment #16061738
>"Luckily humans have developed a great coordination mechanism called 'democracy' and we can use it when coordination in the market place has failed." I find that sort of thinking …
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Comment #15952037
"Do people really believe that infrastructure is not the purview of the government?" I don't think anyone is arguing that the government shouldn't be responsible for certain infras…
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Comment #15900373
According to MacRumors, it's a deal "that could be worth $400m". If I were to guess (based on just public information which is almost nothing), the stock is not going to be worth m…
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Comment #15900346
Is it actually profitable? "Profitable" is a fun term to throw around to make your business look good, but it can mean a lot of different things (net margin profitable, gross margi…
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Comment #15882587
If you own the share (exercised the option to buy it, were granted a share, what-have-you), you'll get a letter once the deal is finalized. If they were bought for $100m, you'll li…
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Comment #15882154
Basically it's who you'd think. Some investors will get their money back, some will get a bit more than others. The founders will be fine, but probably more due to their role than …
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Comment #15855811
Why is that interesting? After working for 40 years, saving religiously, it’s entirely possible that they’re living a solid middle class lifestyle not much different from someone e…
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Comment #15853319
I'm not thinking just SS. Imagine in 30-40 years when SW engineers are retiring with their $5m 401k, but their neighbor is still barely making rent at their service-level job. I im…
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Comment #15853243
To me, this is another implementation of the housing bubble: - People see college graduates making a lot of money - Politicians make it a priority to make it easier for people to g…
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Comment #15853052
> People who came from my alma mater who majored in drama can't say the same. Don't worry, your salary gives them a way out too. And I'm not just saying that to be snarky, I think …
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Comment #15809653
"Don't settle for common stock" Unless you're a C-level employee, you're not going to have the choice. And even then you're probably still not going to have a choice except in very…
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Comment #15808683
Others have mentioned similar things, but there are a few things to consider. Remember, $80k/year now may seem fine, but you have no idea what the future holds. First, you may aver…
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Comment #15790253
> From the perspective of trying to get the budget balanced, taxing wealth is probably the single most efficient way to do it. Why? As a total layman, wouldn't it be incredibly ine…