Viewing profile — dcaisen

Oh I don't disagree with you, and I think your points are all very valid - a firm like DE Shaw is much less bad than the market participants with active conflicts of interest. Perh…

Is David Shaw brilliant? Absolutely. Has the quant/technology revolution been a positive development for financial markets? No doubt. But secondary trading is still a zero-sum game…

Is there any info on the sensitivity/specificity of this test and/or on how they confirm that positive results aren't false positives?

When you start the company, you and your co-founders purchase all of the common stock at a de minimis price (and file 83(b) elections!). The additional preferred shares you would g…

Not sure if it's the optimal approach, but this is pretty much exactly what we did. At the onset of the company, I made a capital contribution (beyond the small purchase amount of …