Viewing profile — ypzhang2

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 me…

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 disc…

The best tasting ingredient in a dish is “someone else made it”

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 rea…

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 …

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…

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 authorit…

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.co…

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 ha…

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 …

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 de…

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 ta…

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

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.reddi…

Panamera turbo s e-hybrid or the cayenne turbo s e-hybrid certainly doesn’t have “abysmal” performance

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 consu…

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 a…

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 …

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 change…

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 wit…

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 …

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/c…

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 w…

Yes there is value in the product, its like fancy Regus, which is a real business. Its not worth what it was worth.

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 o…