989 karma · joined February 26, 2013
"Terms of the loan are onerous. Investment firm Hudson Bay Capital Management can demand repayment of more than $3 million of the loan on Aug. 1, and the rest on Aug. 5. Proceeds from a planned stock sale must also be used to repay the debt.
If Helios and Matheson Analytics fails to pay, it will be subject to a 15 percent annualized late fee until it makes good on the obligation. If the company is 48 hours late in its payment, Hudson Bay can require the company to repay the debt at 130 percent."
https://www.bloomberg.com/news/articles/2018-07-27/moviepass...
Probably not enough to become profitable though.
On the other hand, my USB-C Yubikey only lasted a month in my pocket before the case fractured and flaked apart. Whatever plastic they encased it in was not up the job of being on keyring. Additionally the plastic sleeve inside the USB-C plug broke and the thing became trash. Yubikey shipped me a new one, but looks to be of the same design. That was last summer. The photos on the website appear to be the same, hopefully they've improved the quality.
On balance, if you have a great idea, you'll be better off growing it with good mentorship compared to the small risk that it gets stolen by a mentor.
I think the DOJ will just take it as a loss.
He/she comes back and can't remember their passcode. Is the phone now a brick?
Gavin Belson?
In the case where bond holders do well, wouldn't shareholders do better? And in the bad scenario, with as many long term liabilities as WeWork has, are the bond holders going to be substantially more secured than the shareholders?
Does WeWork own anything real to secure the debt?
It's not a perfect solution, but I find part of the process of being less involved with my phone is acceptance of the fact that I might not be able to be able to address every need at every moment and that's ok.
Yeah, a fair point differenting the fall risk on playgrounds vs construction sites. It’s not apples to apples.
There was one interesting design paradigm I noticed that I think is reflective of a difference in parenting cultures.
On the all the Danish play structures we played on, all of the elements where a kid could fall more than a few feet were in areas of the structure that required a sufficient level of coordination to reach, like climbing a ladder or using climbing holes in a wall. Less coordinated kids were stuck at the lower levels of the structure where there was fun stuff to do for younger kids.
This thoughtful design allowed us to sit far away from our kid while he played knowing that the structure was designed to scale the risk with his capability.
Here at home, my toddler could climb to the top of many climbing structures using regular steps, and fall six feet down to the ground through the open doorways where you might find a ladder to climb up or a pole to slide down. A six foot fall is too risky in my mind, even though I'm not much of a helicopter parent. In fact, 15% of construction fall fatalities are from six feet or less.
I think this kind of smart design can help give kids confidence to take risks when they are able and ready.
The argument is that they have a demanding work culture which people want to leave after a year or two, but are then incentivized to stay to earn out the bulk of their grant, or alternatively that they promise huge grants knowing that many people will not get to the point where they are collecting the bulk of it.
One could split Facebook into a "connecting the whole world" company that Zuck talks about constantly and the ad company FB actually is.
The ad company would have exclusive license to fill of all the ad slots on the platform, and the social company would request ads through some kind of interface which had strict privacy controls. The ad company would take a cut and pass the rest of the cash to social network.
Just one way I think it could splitting the company could work.
https://www.seattletimes.com/seattle-news/politics/king-coun...
I don't think you'll find a alternate non-Apple/Google/Microsoft player with similar backing.
I've been concocting a bunch of things in AWS Lamdba lately which should be in a service like IFTTT.
http://www.seattletimes.com/business/real-estate/seattles-re...
Condolences to the rest of the employees as well as customers.
> https://support.apple.com/en-us/HT201700
You can verify that you're using the correct version of the Apple
USB-C Charge Cable with your Mac notebook and its USB-C AC Adapter.
The cable's serial number is printed on its external housing, next
to the words "Designed by Apple in California. Assembled in China."
• If the first three characters of the serial number are C4M or FL4,
the cable is for use with the Apple 29W USB-C Power Adapter.
• If the first three characters of the serial number are DLC or CTC,
the cable is for use with the Apple 61W or 87W USB-C Power Adapter.
• If the cable says "Designed by Apple in California. Assembled in China"
but has no serial number, you might be eligible for a replacement USB-C charge cable.
For a company whose brand was for quite some time "It just works" to ask you to read a serial number, printed in gray, in 4 or 6 point font, off a light gray cable is dumbfounding.Here's a photo of an Apple USB-C charging cable to illustrate what finding the serial number looks like. http://i.imgur.com/ffVLDYl.jpg
The serial number is right below the control key, if you're curious.