Yeah, one employee swindled about $50k. He was immediately let go. OpenSea does $200m/day in volume. So about 20 seconds of their tx volume (not 100% sure I'm doing the math right).
lol, the conspiracy theories keep getting wilder. So it's OpenSea wash trading or their users? Pretty hard to do with a 2.5% loss on every transaction.
Theranos was not a Silicon Valley darling. I don't think there were any big SV venture funds involved. It was people like Ruport Murdoch, Henry Kissinger, George Shultz, and James Mattis investing and sitting on the board.
For the clickbait content ads on Taboola and Outbrain, the strategy is ad arbitrage. The landing page is probably broken up into a slide show with many pages. The goal is to get the user to go through 30 pages (misclicking a few ads along the way) and monetize as more revenue than the cost of their visit. There are other monetization strategies for other types of ads on Taboola and Outbrain.
In my experience as a Cameo customer, the videos are received very well as a gag gift. "OMG, I can't believe you got them to make me a video!"
To me, the open question is if the novelty factor will wear off. I don't think I would ever get the same person a second Cameo. I'm not even sure if I would keep buying Cameos if the service was well-known. A big part of the gag is "How did you pull that off?!" Maybe there are enough birthdays that it just doesn't matter.
"In evaluating these assets for exploration, we relied as much as possible on the criteria in our published Digital Asset Framework, but found that many of the criteria required communication with external parties to fully evaluate."
I remember Boosted's mission from the beginning being something like "improving last-mile personal transportation." My hunch is that the electric skateboard market is bigger than they expected so the company just keeps growing with one product category.
The original idea was to make a summer camp alternative for students so that they didn't have to be interns at big tech companies. I think YC was first called "Summer Founders Program."
Funding a company that IPOs is pretty wild when you think about it in that context.
"Assume a hashrate and difficulty corresponding to 1 block per 10 minutes. If I uniformly randomly pick a point in time, what is the expected time between the previous block and the next block?"
Bitcoin Cash is not something that existed inside Bitcoin and was then spun out. It's more like a new company was formed and it's cap table was initialized as a copy of another pre-existing company.
I think there just isn't any precedent for the concept of "forking" and how the internal revenue code applies to it.
The commenter you're replying to is saying that he "was wondering." My reading of his comment is that earlier today he was wondering why Bitcoin Cash was up so much (prior to the Coinbase announcement).
Now the price action makes sense. There were insiders who knew today was the day that Bitcoin Cash was coming to Coinbase and the price was up on that info. It's really a comment on the nature of unregulated crypto markets and insider trading.