31–40 of 125 posts
Is there any way to short these guys or otherwise get exposure to a value decline?
Earlier quoted context omitted.
Not any good data, but I've had recruiters tell me that they don't pay very well (in SV terms), instead opting to sell employees on large options packages that will be "worth millions one day". It's a typical SV story, but one I wouldn't expect from a company that's valued at billions of dollars. That kind of behavior seems shady to me, so I wouldn't even consider working there.
not to excuse significantly lower pay from magic leap, but their compensation might be calculated based on their office location in Plantation, Florida which I presume has significantly lower real estate (rental or purchase) costs than the bay area. actual take home after rent or mortgage each month might be greater than something in mountain view. https://en.wikipedia.org/wiki/Plantation,_Florida spending 20 seconds…
https://www.zillow.com/plantation-fl/in-Jacaranda-Lakes_att/
> Magic Leap has raised more than $2.3 billion to date, and has been valued at above $6 billion. How can you raise that much money without shipping a product? Or better question, why do you need raise that much money in the first place?
I won a magi leap at a hackathon a long time ago, and while it was a cute device and fairly well working, it was pretty much useless so I ended up selling it. I wonder what will be different this time, especially given the internal turmoil of the company, and the ludicrous amount of funding they received. edit: Thanks, I was indeed thinking about Leap Motion. Which makes it even weirder, did these people truly never…
Changing the world one murdered-by-starvation Yemeni at a time. How do you accept funding from oppressive, dictatorial, mysoginist regimes and then claim to “make the world a better place”? Sigh. The political implications are so ironically cringe-worthy
Changing the world one murdered-by-starvation Yemeni at a time. How do you accept funding from oppressive, dictatorial, mysoginist regimes and then claim to “make the world a better place”? Sigh. The political implications are so ironically cringe-worthy
I won a magi leap at a hackathon a long time ago, and while it was a cute device and fairly well working, it was pretty much useless so I ended up selling it. I wonder what will be different this time, especially given the internal turmoil of the company, and the ludicrous amount of funding they received. edit: Thanks, I was indeed thinking about Leap Motion. Which makes it even weirder, did these people truly never…
I won a magi leap at a hackathon a long time ago, and while it was a cute device and fairly well working, it was pretty much useless so I ended up selling it. I wonder what will be different this time, especially given the internal turmoil of the company, and the ludicrous amount of funding they received. edit: Thanks, I was indeed thinking about Leap Motion. Which makes it even weirder, did these people truly never…
Earlier quoted context omitted.
not to excuse significantly lower pay from magic leap, but their compensation might be calculated based on their office location in Plantation, Florida which I presume has significantly lower real estate (rental or purchase) costs than the bay area. actual take home after rent or mortgage each month might be greater than something in mountain view. https://en.wikipedia.org/wiki/Plantation,_Florida spending 20 seconds…
their listed hq is in plantation but their offices are scattered around south florida (ft lauderdale and miami). i actually grew up right down the street from their plantation office and housing is very cheap but i guarantee most of their engineers live here in this neighborhood https://www.zillow.com/plantation-fl/in-Jacaranda-Lakes_att/
Seattle might have some expensive and exclusive areas but it is not like anyone has erected walls and gates around upper queen anne, magnolia, or alaska junction in west seattle.
Is there any way to short these guys or otherwise get exposure to a value decline?