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Viewing profile — wkasel

wkasel

HN member
Joined
Thu, Mar 08, 2007, 12:03 AM UTC
HN karma
40
Public activity
34 items

About wkasel

La based entrepreneur & hacker of life.

Recent public activity

  1. comment
    Comment #8773067

    This is all very interesting. Chase is planning on covering the money to my knowledge, however, I'm more curious how it happened.

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  9. comment
    Comment #5295106

    It's a general statement. I'm not interested in the fine details of the lawsuit. The point is that the ones who launched win. Period.

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    Comment #4899973

    Chrome is crashing over here too.

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    Comment #4354136

    I back everything up with facts amigo. They shorted it $2.4B. http://blogs.reuters.com/felix-salmon/2012/05/21/morgan-stan...

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    Comment #4354132

    Let's not use the word stupid. I live and work in this ecosystem. If you saw what I saw you would agree.

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    Comment #4353447

    Spot on.

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    Comment #4353386

    Well said. You're exactly right. I didn't cover it, but the larger concern I have here is that this misguided approach could lead to distrust from wall street of any tech IPO's tha…

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    Comment #4353349

    The root of my argument though is that as Silicon Valley know-it-alls we assumed the world would gawk in awe of our amazing creation and throw money at us, which it did not. It's a…

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    Comment #4353296

    Yes, typically you have a negotiated rate, such as 5%, 10%, whatever. You're right I saw the s-1, but even then they still lost a lot, and the employees got screwed.

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    Comment #4353276

    Fair, but the only problem I see with your reasoning is stock grants were being issued as far back as 18 months ago at $25/share, which means that those employees DID lose money.

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    Comment #4353271

    Interesting assessment. I live in Silicon Valley, I don't own a share of FB, I do trade frequently. Like you, I made an assessment. My frusteration comes mostly from reading on tec…

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    Comment #4353258

    With all due respect, I completely disagree. If you understand the fundamentals of an IPO, as I explained below you would know that there is a 180 day lock-up period for employees,…

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    Comment #4353236

    Logical explanation, however the point of an IPO is not just liquidity in for your employees, but also to raise money for the company, and allow the public to buy in. If you don't …

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    Comment #4353103

    Thanks Azat!

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