SeoxyS

I don't agree that we ended up in a culture that is more conscious of diversity. I think we moved to a a culture of adversity between social justice warriors and those who outright rebel against their ridiculous campaign. If it wasn't for that dynamic, we'd have a different President right now.

Did you read the article? It's not about a high-paid engineer working at a big 5 tech company and living in an RV. It's about people who can't afford homes and work temporary jobs around the country because our economy has failed them.

I'd like to know how someone drives 3.5mi daily for $2.50 with Uber, even with pool, in SF. My pool rides start out at around $4 one-way, for .5mi and under. UberX is $7+ at minimum, and quickly tops $10 for 1mi+ trips.

For immigration purposes, Hong Kong is not in China, and doesn't have the same registration requirements as the mainland.

Aside from the inconvenience of clearing immigration on transit (and I can't say I've ever transited _through_ the US, despite clearing US immigration ~50), the airport experience is much nicer. International and domestic flights can leave from the same terminals, go through the same security, and use the same in-terminal facilities. You don't have to go through an outgoing passport control, so half the waiting time. I'm very happy with the system.

I'm not sure why that quote that people keep bringing up is so outrageous to people. In my opinion, it's a pretty factual analysis of the political climate; in which the voter demographics have shifted in a way which makes it tough for libertarians to win elections. Welfare recipients, for obvious reasons, are anti-libertarian. Women, supposedly, are also less libertarian than men? I don't know if that's true; but regardless, what's wrong with stating that fact.

I think people are upset because they assume that it's implied in Thiel's statement that he believes women shouldn't have received the right to vote. But it's important to note that he has never advocated for that. Not in this quote, anyways. He was merely pointing out a few shifts in the past century that have made it extremely hard for libertarians to win elections.

This thread itself is a great example of how this conversation was _not_ pointless. Intellectually interesting points made on both sides about the point of debating.

There are various ways of getting around this tax even if the plan passes:

- Provide compensation through LLC membership units which vest but have no value at the time of grant. - Allow early exercise of options when the spread is zero.

Incredibly excited about this project. Since Title III of the JOBS Act went live last year, we've created one of the first equity crowdfunding platforms. We focus a lot on inclusivity and social impact.

Obviously, there's been a wild amount of excitement (and skepticism) around the frenzy in the new ICO market. We think a lot of long-term value will come from the decentralization of our markets. We love the promise of open and democratic blockchains, but we noticed that most of the large ICOs this year were either happening behind the scenes and only open to "accredited investors," or were liberally breaking securities regulation. We're fixing that. We give everyone access to ICOs while complying with all US regulations.

There is little incentives for employers to do that, unless it becomes a market standard and employees demand it.

If you think a $220M acquisition is a home run for anyone involved, you don't understand the Venture model. Liquidation preferences means that investors are probably getting around 1x their money back, which will be considered a failure in their portfolio. They need a 10-100x win to pay for all of the losses. Common stock holders will be seeing less than their pro-rata allocation of the acquisition price (e.g. if you own 1% of common stock, you are getting less than 2.2M).

The top line acquisition price is probably the full package including costs and retention bonuses, not all of which will be paid out. The only people who will get something for their time are the founders, but they're probably looking at low to mid 8 figures at best.

Does a planet need to have an active hot core?

We already have a ninth planet, Pluto. Why did they start calling it a rock again? Isn't the definition of a planet a mostly spherical rock that orbits around a star, no?

The sad part is that one is illegal and one isn't. It's a bigger problem for Cloudflare to act as the moral police by kicking off Nazis without them doing anything illegal. Copyright infringement is a more clear cut case. If there's a court order it makes sense to take the site off, and otherwise a blanket refusal.

There is.

Shoot me an email (see in my profile); I'm an angel and see a lot of deals of that stage. At the very least, I could give you some feedback from an investor's mindset.

It's a design problem. Sex with condom sucks. Non-condom sex is 10x better.

The real solution will be when you have male birth control available as well; and then it comes down to only having sex with people you trust. I great partner is better than a bunch of lousy partners anyways.

Didn't quite work out for them last time… why will this be any different than Motorola?

Larry Page not being the CEO of Google is somewhat pedantic… he's the CEO of Alphabet, formerly known as Google. Sundar Pichai is the CEO of formerly Google's Google division, now known as the only Google, reporting to Larry Page.

Pretty much every ICO is a securities offerings. (Don't let the talk about "utility tokens" fool you.) If you offer a security, there are applicable SEC rules. If you want to raise money from unaccredited investors, you have to follow "Reg CF" [1], which involves regulatory filings. Most startups raise money according to Reg D of the 1933 act [2]. Depending on how you advertise your offering, there are more or less strict rules and regulations. For example, if you ever publicly mention the offering, you'll have to verify your investor's accreditation (rule 506(b) vs. 506(c)).

All of this applies to any securities offering, including ICOs.

[1]: https://www.sec.gov/info/smallbus/secg/rccomplianceguide-051... [2]: https://www.sec.gov/fast-answers/answers-regdhtm.html

IANAL… this is not legal advice, etc. etc.

It's not perfect either, I agree. It's hard and subjective to define what the real true value of something. But one common way is to define it as "what someone will pay for it" -- that's the math I did above.

Anyways, I'm not trying to argue that the value of that hypothetical company is $14,400. I'm trying to argue that it's not anywhere near $50k. (Disproving the GP's example that BCH created $8B of value overnight.)

If you're going to put a specific value on something, it's be much more accurate to calculate it as the sum of the entire demand for that something divided by its quantity.

To take the 100 shares at $500 example from @stanmancan, if one person is willing to pay $500, another 10 is willing to pay $400 for one share each, and one more person is willing to pay $300 for 20 shares, and one large investor is willing to buy up the rest for $100 only, the total demand for the whole company is $14,400 for 100 shares or $144/share. That's the true value.

I can guarantee you that there isn't even an order of magnitude close to $8B of demand for the artificially created and restricted BCH, so that value wasn't really created.

That's not exactly right. You have to consider the depth of the market and the size of the demand. However many BCH are in existence, there's no way that the market will support liquidating them all for USD. An order of that size would crash the markets instantly.

The $8B in value created is entirely nominal, because of the size of the pre-existing supply. In reply the real value created could well be negative or at most in the millions and not billions.

Urban planning and design is hugely important; and I love seeing the few examples of interesting concepts around the world. A few I've noticed and visited recently:

- Chicago: the 2- or 3-level streets around the riverfront are pretty awesome. Separating local traffic from through-traffic and commercial traffic. Loading docks and heavy traffic can all be hidden from view underground. - Amsterdam: as one of the most biking-friendly cities in the world; there are bike lanes everywhere. Bike lanes are separated from the road by parking lanes, and intersection also separate the bike lames from the road by giving them independent crosswalks with a raised curb for protection. The canals also allow everyone to enjoy a trip anywhere in the city center via boat. - Shanghai: the CBD's main buildings is connected via elevated walkways that go above the road.

I think the future would have all car traffic underground or pedestrian and bike friendly on elevated walkways.

You're free to do that these days if you'd like with Square Cash… it lets you build a balance on their system just the way Venmo does. But it's not required and I personally disable that.

I don't like to have random balances on money-transfer startups' system, especially since it's uninsured.

PayPal is not very trustworthy, I agree. I use it as a last resort, and cash out any deposits of over $50 immediately. Facebook and Square are my preferred methods. But when I have to deal with people who have Venmo, but have never heard of Square and Facebook Messenger Payments… PayPal is usually a decent middle ground. It's pretty ubiquitous.

Power is fungible. Hydro power capacity is capped. Any amount of energy derived from hydro power increases demand from coal from someone else by an equal amount.

That CNY traded in China remains stuck in China. Whoever sold the BTC for CNY now has to deal with the restricted currency

Presumably most of that BTC/CNY trading is being traded for capital gains, not as a way to try to evade currency controls.

Who wants to sell you something that's not restricted for something that is? Unless you're willing to pay a significant premium over its real value.

For anyone wondering how BTC is used as a way to evade Chinese currency controls, I just came to this realization today: people aren't buying bitcoin locally to send it out of the country: they're buying cheap coal electricity, using it to mine bitcoin, and then liquidating that in foreign exchanges.