It's comical how much of modern startup compensation is gymnastics around taxes.
My understanding is that the most basic problem is if the startup gives you stock that's viewed as income and you will need to pay tax on an illiquid asset, and ISO/NSO/RSU/409a's are resulting from various elaborate schemes to give you stock-like upside tomorrow without having to pay taxes on an illiquid today.
Seems like it, the parent poster is almost implying there's an element of underwriting the transaction/house for which 2% is not unreasonable (Title insurance is in the 1% (or a bit less) range in the US I believe)
> The Settlement Administrator will assign each Authorized Claimant one point for each month in which the Authorized Claimant had an activated Facebook account during the Class Period.
Just be mindful of the "Unauthorized Visitor Fee" --
“Whether or not related to Consumertronics business, any visit to our facilities which is not with our clear, written, prior permission, or so permitted by us based on a fraudulent, erroneous or deceptive representation by the visitor, is an unauthorized visit which automatically results in a non-refundable Unauthorized Visitor Fee (UVF) for each visitor and for each visit for which the visitor assumes total personal liability for paying. The amounts of the UVFs are set by us based on our perception of the real and potential injury to us caused by the visitor and visit, as well as the amount of our time and inconvenience for the unauthorized visit. The UVF amounts may vary between $0 and $1,000,000+ per visitor per visit. UVF fees are independent and separate from all other fees, charges and costs the unauthorized visitor may be required to pay.”
Well structurally taking Twitter private has increased expenses by $1bil (the interest on loans) against last year's ~$6bil in revenue, so that alone is going to change the health of the company.
On top of that Musk has given guidance that he expects revenue to fall from $6b in 2022 to $3b in 2023. (This seems dramatic TBH)
I don't think there were revelations (this is all public info), the transaction just changed the fundamentals.
Two-phase commit deals with network failure, not change semantics. The message itself (whether "BALANCE=40" or "SUBTRACT 40") isn't something that matters to 2pc.
We tried spinnaker and are now using Weave (https://www.weave.works/). It works pretty well, actually. In particular we like that it stores all state in a git repo which is automatically updated.
We have our own monitoring stack, though, so don't use the additional prometheus integrations
No, for the same reason you don't spend most of your time on your weakest employees or most of your money on your poorest investments. Feed your winners.
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