Live data from Hacker News

Dissent Is Dead At Facebook, Employees Complain

51–52 of 52 posts

Re: Dissent Is Dead At Facebook, Employees Complain

#51

Post by banned_man » Fri, Apr 03, 2009, 7:48 PM UTC

lisper wrote: post #48

banned_man wrote: post #44

Earlier quoted context omitted.

Can you buy puts on a pre-IPO stock? I didn't think you could.

Nope. Options don't become available for several weeks after an IPO. There needs to be some historical price data to feed the black-scholes formula in order to price the options.

A real trader would start trading anyway. Volatility? Just a number computed from a mound of stale data. Kurtosis? Sounds like a disease. Too much thinking for a game as simple as "buy" and "sell"!

Re: Dissent Is Dead At Facebook, Employees Complain

#52

Post by banned_man » Fri, Apr 03, 2009, 7:49 PM UTC

TweedHeads wrote: post #50

unalone wrote: post #42

Earlier quoted context omitted.

At least Jobs' company was very profitable in the early days. Brush up on your Apple history. Jobs was fired because he was running his company into a financial mire thanks to his over-the-top idealism. I don't envy Facebook employees. There is more to life than working for the arrogant. They chose where to work. Just like Apple employees chose. If you're not the sort of person who works well under a very brilliant,…

Zuckerberg is neither very briliant nor very arrogant, just plain arrogant and lucky.

+ annoying

Post reply on HN