cmart

Liquidity preferences are also critical in allowing companies to grant employee stock options at valuations substantially below what the Series A investors pay. If liquidity preference disappear, the IRS will likely take a much closer look at low strike prices on options.

> Would the attitude toward Thiel change if Thiel happened to have a law degree?

He does have a law degree.

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I count 6-7 taps to text somebody 'yo' from my iPhone, depending if they're above the fold in the messages app or not...Wonder how he got to 11

As of Q4, the average paying user gave them $17.32 per month in Gross Bookings. And they had $632m of Gross Bookings in the quarter, meaning they had 12.2m paying users by my count, giving them an average of $17.32/mo each.

12.2m paying users out of 408m MAUs, or about 3% of the total.

His point is that the company has a net cash position of $3bn, meaning someone who pays $5bn for the entire market cap of the company would immediately receive $3bn back in cash, making the real price effectively $2bn

The significance of this should not be understated. This shows compelling evidence of real voter fraud that swayed the republican primary in Romney's favor and could easily sway a close general election.

Can anyone offer up a legitimate reason that the % of votes for a particular candidate should correlate with precinct size?