I think it's easy to believe a narrative like this about someone generally disliked, but the reality about basically everyone is that we have good moments and bad moments. People that are famous are constantly being watched and evaluated.
Given the inevitability of those bad moments being observed and reported, I don't think it's a good foundation for evaluating someone's character. In this case, it's mostly useful for confirming an already negative point of view.
The $22B number comes from the stock market downturn leading to a loss of wealth of $7B for Musk that happened to be on the same day that Slim said they will cancel contracts for an unspecified amount with Starlink and invest $22B into developing their own infrastructure.
Not any kind of expert, but from my research, Article 19.3 of the USMCA says that tariffs can't be imposed on digital products:
1. No Party shall impose customs duties, fees, or other charges on or in connection with the importation or exportation of digital products transmitted electronically, between a person of one Party and a person of another Party.
Yes, if everyone isn't involved in arriving at the decision about what is fair, they won't feel that it's fair even if you come up with some brilliant objective measurement of contribution impact.
I would find a way to validate that there is a path to $1m/year. Perhaps talking to some of the folks to see if they would commit to paying if you're able to deliver what you're building.
If you can get some written commitments in place, it will be a lot easier to pitch to investors if you decide to go that route, and you'll get a better valuation.
It doesn't sound like you are able to bear a worst case scenario at the moment since you have dependents, so you want to be as sure as possible before you lose your income stream.
Thank you for writing this. They say that you don't know what you have until it's gone, but reading experiences like this reminds me how precious and fragile life is, so that I can more deeply appreciate the time I do have with my loved ones.
The author's other writings on the four magic words helped me understand his point of view at visceral level. He is not clinging to preserving his son, he believes that his son's life is sacred, even in its diminished state.
Ah their pricing was different when I was using them, but I recommend reaching out, they were very flexible and easy to work with they might do something custom for you.
Making money based on statistics is what the insurance company does. The whole point of insurance is paying extra money to the insurance company in case I'm personally on the wrong side of the statistic.
Did you think about having the saleswoman continue to visit that one customer on contract? Pay a few thousand for the day, land the sale, then back to the MBA.
One overlooked factor in these numbers is that the founder now has more levers to pull. For example, they are paying $206k in payroll, and in an emergency situation, could let some staff go and take over those functions themselves.
I've experienced the same thing with my bootstrapped startup; I'm not paying myself any more money than I did 3 years ago, but if I need money, I can double or triple my own salary within a month or two.
The reason the founder isn't doing that now is likely exactly the same reason Uber or other VC startups consistently lose money; they are optimizing for growth, not profit/salary.
https://www.businessinsider.com/mark-zuckerberg-board-game-c...
I think it's easy to believe a narrative like this about someone generally disliked, but the reality about basically everyone is that we have good moments and bad moments. People that are famous are constantly being watched and evaluated.
Given the inevitability of those bad moments being observed and reported, I don't think it's a good foundation for evaluating someone's character. In this case, it's mostly useful for confirming an already negative point of view.