141–150 of 177 posts
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Start your sentences with a capital letter. See: http://en.wikipedia.org/wiki/Letter_case
right. because starting with lowercase changes the meaning of what i wrote unlike loose lose, which are totally, like, the same thing.
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I remember back in the 90's that every time Bill Gates sold 1 or 2 percent of Microsoft, people would freak out that Microsoft's collapse was imminent. Even though he did it every six months. Whatever you think of Facebook, it is extremely prudent for Zuckerberg to diversify. If he had $1 million in non-FB assets, he would still have 99.99% of his assets in Facebook. That's a crazy amount of his wealth concentrated i…
Arguably, that's the whole point in owning stock in the company you own, control, and oversee. You can help make it go up and it's in your complete interest to help it become successful. You have no such control or incentive with other companies.
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right. because starting with lowercase changes the meaning of what i wrote unlike loose lose, which are totally, like, the same thing.
It didn't change the meaning, because everyone understood what he said. The human mind is amazing at that. If you're going to be pedantic, fine, but own up to it.
Yes, I can figure it out, but it's no fun to have to work to read comments. May as well let commenters use 113t-speak if we don't care how hard the comment is to read.
It was in the S-1 filing, so it's not new news: http://www.marketwatch.com/story/facebooks-zuckerberg-thiel-...
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right. because starting with lowercase changes the meaning of what i wrote unlike loose lose, which are totally, like, the same thing.
If you're going to correct someone, you should make sure you are also correct. In addition, not using a capital letter makes it look a bit like txt speak and generally brings down the level of discource.
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right. because starting with lowercase changes the meaning of what i wrote unlike loose lose, which are totally, like, the same thing.
If you're going to correct someone, you should make sure you are also correct. In addition, not using a capital letter makes it look a bit like txt speak and generally brings down the level of discource.
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And here I thought I was really beginning to understand how and when to engage in the discussion, yet the HN demigods seem to be proving me wrong more often than not lately...
Well, for one thing, a move like this is traditional. You were just piling more wrong on top of wrong.
While lwhi's "correction" better reflected my (admittedly ill-communicated) sentiment, it still feels as though there's a Digg-like oligarchical groupthink seeping into Hacker News as of late, which is no more preferable to the Wild West antics of r/programming... =\
It was in the S-1 filing, so it's not new news: http://www.marketwatch.com/story/facebooks-zuckerberg-thiel-...
I remember back in the 90's that every time Bill Gates sold 1 or 2 percent of Microsoft, people would freak out that Microsoft's collapse was imminent. Even though he did it every six months. Whatever you think of Facebook, it is extremely prudent for Zuckerberg to diversify. If he had $1 million in non-FB assets, he would still have 99.99% of his assets in Facebook. That's a crazy amount of his wealth concentrated i…
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Even less of news when he has to make this type of sale to pay taxes.
> Even less of news when he has to make this type of sale to pay taxes. What did he do so he owes taxes? Exercising in-the-money options is taxable. Receiving stock grants is a taxable event. Owning stock (or options) in a company that goes public is not a taxable event. Note that he got to sell (some?) now. Ordinary employees are still in lockout.
Let's say he exercised options that earned him $5BB. (I don't know what the exact amount was. It was in the billions, no doubt.) So let's say maybe he owes $2BB in taxes. As for the rest of his shares and what they are "worth", those are going to fluctuate in value, based on the company's performance.
Now, let's say you are a FB shareholder. Ask yourself as a shareholder if the FB CEO has earned a $5BB salary. What has he done for you? How is your FB stock doing? OK, so let's say you think he is a genius and certainly deserves $5BB. Then ask yourself why he would want $5BB in income in _one year_. He wants it all right now. That's an awful lot of income. And a lot of tax to pay.
Why the rush to cash out?
Whatever happens to Facebook, he is set for life. Good for him, but not necessarily good for Facebook shareholders. He has little incentive to deliver.
Wall St. is going to love him, I can already tell.
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I think you mean 'capital', as in capitalism. Capitol is the building in which a legislature meets. eg: The Capitol Building.
Which is extra confusing, because it's in the capital city.
"Capitol" comes from the name of the Capitoline hill, at the center of Rome.