I work in markets. No, you cannot just fail to deliver. I'm also not sure how the ETF thing would work. If it's 1% of the ETF you're going to hedge out the position using a giant notional. It doesn't work.
It amazes me that a fourteen year old company with a mature business model requires equity financing. I'll never really understand how tech companies work, I guess.
I'm genuinely fascinated by this comment. You're saying that mutuals offer lower prices (not typically true), but they were out-competed by private companies? I'm not sure that makes sense. In my sector (life insurance), there's no real pattern to mutual vs public company pricing, but maybe it's different in auto insurance, for instance.
Yes, but the dollar also has a very long history of being extremely stable. Said another way, the dollar has never had a 30% shock in a year (BTC did today...)
No, how about users (me, at least) are leaving Twitter because it's a rotten cesspool of misogyny, racism and stupidity. Maybe users should get a choice to avoid some of this?
If you were looking to exercise, wouldn't you just ... ride a bike? And if you aren't looking to exercise, why do you want to walk on a treadmill while riding an e-bike?
I just ordered a Model S with Autopilot, and as I've been reading the comments on the various Tesla forums, I'm not sure I'm ever going to use it. Some of the stories are honestly terrifying (sudden deceleration on the highway, swerving into other lanes, etc).
It's a food company, and its product is fully baked. Why aren't they bootstrapping? Are they not profitable? If so, how do they have a business? If I sold ketchup at a loss, would I be able to close a $50M financing round?
My weird and unrelated question is: if I donate software to an open source group like the Linux Foundation, can I write it off my taxes? And if so, how do I assess the value of it? RethinkDB probably has some legitimate market value...can the founders reflect that on their taxes?
At this point I've used PyTorch, Tensorflow and Theano. Which one do people prefer? I haven't done a ton of benchmarking, but I'm not seeing huge differences in speed (mostly executing on the GPU).
I mean sure, there are. In fact, there are lots of pretty standard ideas of what constitutes profitability. But if you just say, we're profitable, most people will assume you mean on a GAAP net income basis. If you don't mean that, you can say, we're cash flow positive or something like that. Or you could say, "we're profitable on an EBIT basis," or we have a positive gross margin. You can't just say, hey! if you exclude a bunch of our costs and count all of our revenue, the revenue is bigger!
I've always wondered why more companies don't do this. Offer a 30 or 35 hour work week and watch the top-notch candidates roll in, even though you can't offer a top-notch salary.
I often played FIFA on my phone, and the trick was just to hire to best possible scout and then constantly send him out, and your team would be unstoppable pretty quickly. Scouts found outrageously good players with unrealistic frequency.