Viewing profile — thegranderson

Commissions are 30-40% of an auto dealer's costs as a % of gross profit. If salespeople don't have to negotiate price, you can cut a lot of that cost and focus on higher margin (e.…

$800mm was confirmed on the SNOW earnings call. 80% stock, 20% cash.

Seems like another DNS issue - switching to Cloudflare 1.1.1.1 got me back online...

FAANG companies will primarily be differenated based on network or software, rarely commodity hardware. They don't need to go all the way to silicon if they can just tune the desig…

I think the disagreement is with this claim from the article (2nd to last paragraph): Sci-Hub, more so than RG, therefore seems to have a greater potential for disrupting the curre…

Though I know the Nobel is focused on theoretical contribution, I found this discussion interesting: https://andrewbatson.com/2019/10/25/who-deserves-the-nobel-f... The editorial B…

Recently came across this interesting approach for organizing knowledge across all domains (life and work): https://praxis.fortelabs.co/the-p-a-r-a-method-a-universal-s... I haven'…

Point #2 actually follows from Point #1. Hayek makes this argument very thoroughly in The Road to Serfdom: Advancement within a totalitarian group or party depends largely on a wil…

Overcast (a podcasting app) has great features to optimize the high speed listening experience. They have variable speed, a great silence trimmer, and a voice boost that makes spee…

This is almost certainly not written the way it is because he is an asshole (though I have no idea, he might be), but rather because investors seeking to make an investment can be …

Overall, seems like growth is slowing, especially in the ridesharing business, and losses keep expanding. Will be interesting to see how they frame that on the call, as 9% YoY grow…

Press Release: https://investor.uber.com/news-events/news/press-release-det... Slides: https://s23.q4cdn.com/407969754/files/doc_financials/2019/Q1... Webcast (starting at 4:30pm E…

Full Text: ALWAYS-ON WORK CULTURE CREATING ‘BROKEN’ PEOPLE, SAYS REDDIT CO-FOUNDER Alexis Ohanian speaks out against toxicity of ‘hustle porn’ that glorifies ‘most absurd things’ A…

As those below mentioned, you have to use TEV here. Based on TSLA Q2 2013 vs. Q1 2019 financials, you end up with a TEV in 2013 of $28.2B vs. today of $44.3B. The 2013 calc is: $24…

A few points: 1. This is a great way for Catalyst to get a potential rising star some operational experience in a low-risk situation (lots of other Catalyst people apparently invol…

This focuses on just one source of plastic pollution, of which there are many. I found this resource helpful to understand more about the broader scope of the problem: https://ourw…

I believe you're thinking of SWIM, or "Someone who isn't me," which is apparently used to avoid self-incrimination

There are many industries where this happens. Biotech and drug development is particularly prolific in this regard. Often drug development companies spend tens to hundreds of milli…

Full-text, for those blocked by the paywall: SoftBank Founder Masayoshi Son Lost $130 Million on Bitcoin Japanese billionaire made a huge personal investment in the digital currenc…

Appears to be a series of generic, generated fake startups, like the AI-generated faces at https://thispersondoesnotexist.com/ [appears to be down]

Once you do some research on KBB and the like about what cars are reliable to buy used at that price point, I like Cargurus.com for actually finding the car. They have a ton of inv…

While I would agree that the comment you're responding to is probably using the term incorrectly, there is definitely such a thing as insider trading in private equity. Knowing tha…

This budget for FY18 looks completely incorrect - where is the $500b+ of defense spending?? It shows up in their FY17 budget, but has shrunk by 10x in FY18. Try USA Facts for a mor…

As I understand it, the Boring Company's strategy is to dig smaller tunnels. Since the volume of earth that must be moved scales with the square of the tunnel radius[1], a tunnel t…