661–670 of 936 posts
There are going to be a lot of tough decisions for people who have to decide whether to buy their Airbnb options or lose them. I bet a lot of people at Airbnb are wishing they went public before all this.
Earlier quoted context omitted.
Travel for current or prospective customers has some of the best ROI of nearly any expense at the company, and this is well understood. To the contrary, everyone up the chain including the CEO is even more eager to resume sales travel.
This is precisely the falsehood the present time is dispelling.
There are obviously other factors contributing to that other than the lack of travel, but this is not proving that sales will be fine without travel.
While I don't want to seem like I'm wishing unemployment or hardship on anyone, the implosion of Airbnb is already causing a rent price correction that was sorely needed in many cities that have become severely unaffordable. Wired published an article about this effect in London [1] and I've seen price drops as much as $500 for condos in the downtown core of Toronto on Zillow already. https://www.wired.co.uk/article/…
Bold claim.
Earlier quoted context omitted.
I first misread it as "14 months" (as usually you count in months), but it was way out of bounds.
Iirc a German friend got more than 12 months severance for a lay-off in SAP. It’s interesting to Compare differences in norms around the world.
Earlier quoted context omitted.
https://www.mondaq.com/germany/CorporateCommercial-Law/64529... "If the company is in crisis special obligations arise for a managing director the breach of which may lead to a personal liability of the managing director."
In theory I like this system. What are some of the downsides?
Earlier quoted context omitted.
Do you realise you have to find a new job within those four months?! It's not 'time off', it's time desperately searching for a new job until you start eating into your savings and your children end up starving.
The US provides food aid to people with low or no income. "Eating into savings" is what saving are made for.
Earlier quoted context omitted.
The total amount of land is relatively fixed on human time scales. Given that, everyone who owns a factory (or any land) does make it more difficult for you to own a factory.
That’s quite a stretch since 95% of the world population lives on 10% of the land. [1] We can also build vertically, and space is a whole new frontier that is seeing lots of interest lately. I don't see this as a serious limitation. Opportunity is endless. 1. https://www.sciencedaily.com/releases/2008/12/081217192745.h...
Earlier quoted context omitted.
That’s quite a stretch since 95% of the world population lives on 10% of the land. [1] We can also build vertically, and space is a whole new frontier that is seeing lots of interest lately. I don't see this as a serious limitation. Opportunity is endless. 1. https://www.sciencedaily.com/releases/2008/12/081217192745.h...
Oh, I didn’t know you could stack factories on top of each other!
Earlier quoted context omitted.
Iirc a German friend got more than 12 months severance for a lay-off in SAP. It’s interesting to Compare differences in norms around the world.
From what I've seen 12 months pay in Germany is probably equivalent to 3.5 months pay in the US.