hilariously, this will happen on or about when dictation is Wispr quality or better and you won't need your keyboard as much. I do second the Select All item, it's beyond frustrating.
if we are not going to export dollars, and we are going to make countries spend more of thier own money, then thier cost of borrowing will go up, they will need to rotate out of dollar assets and then traders who use the carry trade will need to unwind them as the source of borrowing (other countries very low interest rates) are no longer very low, as we now see in UK, Germany, and Japan—each hitting very fast highs for interest rates for their govt debt.
It's much more straightforward math then reading of political or vibes tea leaves.
Are employees at google not being paid for what they're risking?
An investor risks their post tax capital, and then when it works like google gets the upside and when it fails they get...shares in blackberry or IBM.
An employee risks their time, which they are guaranteed by law at least for the time they risk, to be compensated in cash and benefits.
An employee also risks their reputation and career opportunity cost for which they get...checks notes...options that go up/down the same as an investor.
An employee is participating in both value buckets, and one might argue at Google specifically, in the most compensatory bucket proportion in the history of all people ever.
I have no knowledge of the deal and am not involved in anyway; this sounds like the 409A for the common stock came down not the preferred valuation. Valuations can't be moved without someone buying stock at a lower price to make the lower price "real". If there was no investment, they didn't Lower the valuation. 409As are different, happen every year to enable common equity grants to the team. What is probably happening is the team's option grants are at a lower price because the inputs to the 409A formulae (including how the stock market is doing) have come down.
Beyond that, I do my level best to avoid touching it. The volume and brightness features are nice but it would be better to not have had it as I mis-key it all the time and it exits me from where I'm working.
There's logic in these arguments; however, they ignore securities laws.
If BTC is a security, which the regulators probably think it is, then yes—you have to have a mechanism to bring concepts like splits, tenders, dividends to holders of the security if you are going to hold them for their benefit.
Developers considering forks will likely be required to follow yet unclarified rules around how much, how often, waiting and disclosure periods, etc.
(It's useful to consider how rules and systems have evolved governing how often Apple can split its stock or how Facebook investors are notified about tender offers, etc.)
I try to routine-ize as many of them as possible so it's on autopilot. Sunday afternoons get time scheduled in the calendar to take care of one off items.
ASK HN: what's the service you use, ideally over the web, where you send a high-quality picture file and they return beautifully printed, large format, frameable prints?
Just contributed and need to send this files somewhere for printing and then find a framer. Thoughts?
Even as Silicon Valley was still in its infancy, a group of organizations including Bell, MCI, GM, and others hired Fred Terman from Stanford to make NJ more like what Silicon Valley (NJ and SV share a ton of similarities, i did a tedx talk about it below [1]) but Terman was unsuccessful. He pointed to how Princeton was not focused enough on applied science the way Stanford was. East coast politics and stock market downturn also hindered his efforts.
Also, don't forget Fort Monmouth, which was across the county, employed an equal number of scientists and was responsible for nearly as many inventions as Bell Labs (much classified). It was the home of the Army's software and signal operations. Just like Silicon Valley, the military kickstarted the world's most productive innovation cores.
New Jersey had (and continues to have) the richest concentration of scientists in the United States. Monmouth County and the Princeton had, for a very long time, the kind of serendipity that makes Silicon Valley so special—that you can walk down the street and bump into a bunch of engineers and VCs while walking your dog and strike up a conversation.
State politics in NJ, unfortunately, doesn't nurture these institutions and the ecosystem has grown weaker. It breaks my heart that Bell Labs is a mall and Fort Monmouth lays fallow when it should be bid out to universities to become the Stanford of the East—the applied sciences university that Fred Terman dreamed about.
There is no logic that justifies attempting to be "not another public company" if you are a public company.
Laws. Culture. Press. These things stand in the way of trying to be public while saying you won't act like a public company (by being a b-corp for example).
Public companies have functionally modular governance, which means if I don't like you (manager) and your ideas, my friends and I can buy enough governance units until you have to listen to us. It's not quite that straightforward but it's pretty much how it works.
In a way, it's similar to venture—you can try to escape the gravity of venture norms but to do that you need viral + network effect growth.
In the Market, you can try to escape the gravity of public company norms but to do that you need Amazon level revenue growth and the temerity of Jeff Bezos. Even then its an outside bet.
Rabois says startups should go public and I suspect his approach to the problem is he believes (im armchairing here) that the problem of founders hiding mistakes / making intellectually lazy decisions / not serving the financial goals / creating weird preference structures trying to raise money at scale from funds >> public market shareholders killing a geese for next quarters egg.