114 karma · joined January 31, 2023
You have a lot more impact as a founder over whether that business succeeds than you would ever have over a wager in roulette or a 4 game NFL parlay on Sunday.
Both are risks. Only one is a gamble.
Moving costs thousands. Finding a better job is good advice but often requires investment in yourself (education costs money).
How could anyone move to a lower COL area for less than $1000? A security deposit and first month's rent will be more than that almost anywhere you can "find a better job". And that's ignoring the cost to move your things. (But maybe you didn't have any things or expect someone to sell/start over?)
It's clear your intentions here are good but you're giving poor advice. You're out of touch.
Ok so I only have to save up 7,000 now, so I can do it in 6 years, I guess. But that extra 1800 a month I'm continuing to save each year afterwards by forgoing my late doesn't actually cover the 7% APR on the additional loaned 33,000
(interest rates only high as of recent, but still)
similarly it is /possible/ though a giant PITA to take apart the front of your car and make those work again, per some blog post i saw 4 years ago and can no longer find.
Rent stabilized units are a small percentage of the NYC rental market (and change tenants much less frequently than the rest of the market)
Brokers seem to be able to capture the value just because they’re entrenched. Demand has outpaced supply, and landlords are happy to outsource the majority of the tenant search process.
Large apartment buildings with leasing offices capture the value you’re saying can’t be captured. There are tons of comparable “no fee” apartment buildings with a rent that’s 15% higher.
So — do you pay a 15% fee once, up front, and hope you don’t need to move? Or do you pay it on your rent?
Edit: ok the percentage of rent stabilized units in NYC is actually a good bit higher than I thought. But my second assertion still stands — they practically never change over. So it feels like they’re an impossibly small part of the market. You won’t find rent stabilized deals advertised.
spotify is distributing without paying the artists
- distribution to ~expedia~ booking (opentable)
- conferences
- niche-y saas products (resy, tock, opentable, etc)
- VPs of sales and revenue (at big restaurant groups)
And either way -- just keep supporting connection over USB and it's not a problem?
“Cloud” tends to assume elasticity, pay by minute, managed software services, etc.
“On the internet” isn’t cloud automatically
I had a similar issue with my parents.
The most common problem is signing up for new services on their phone. On their Windows computer, in a web browser, their password manager's browser extension is great at suggesting generated passwords and saving new accounts. But on mobile it takes a few steps and app switches, which they don't love (and one parent forgets and often has to go to the other for help).
Logins are usually well integrated (my family uses iOS, and Dashlane; I assume 1password works just as well)
But yes if a high enough percentage of employees are signing up, there’s safety in numbers.
What’s your title?
Are you expected to write code while “on call”?
Also bad from a business perspective. It likely would cost way less than 10m to build a competitor, functionality wise.
Reddit from 2017 or so is open source!
You’re correct about the definition.
And, no, lbos are the buyer borrowing a lot to buy another company, while using the assets of the acquisition as collateral. The debt is still in the buyer’s name AFAIK (may be wrong)