2,387 karma · joined August 22, 2020
https://apnews.com/article/pakistan-porter-death-k2-norwegia...
For me, raising $100m when it's not needed doesn't add up. Nobody lends money with the idea to "keep it, just in case". There are always commitments and expectations and obligations to meet those expectations. So when they said they didn't really need to raise, while also not talking about investor expectations, feels there's more to the situation than is being let on.
That's a nice narrative but I suspect you're not touching upon the investor pressure side of things. Your earlier investors would be upon you to show a multiple in valuation beyond what the balance sheets can show. The only way to do that is to raise more money.
The problem with this is that you're now beholden to another set of investors who will also expect a multiple on their investment which makes increasing valuation your primary objective, even to the detriment of the business. With a margin business you could sustain for a long time even when the market stagnates, but you've lost that option when you first took money from someone. It's an all or nothing play now.
What's the deal? It couldn't harm just listening to sales, could it?
I presume legal would it be involved before anything is signed in any case?
1. Animations are meant to distract by design, and putting them where someone is deeply engrossed in the article, disengages from whatever you're reading and breaks the flow.
2. Scrolling animations are fine for non-functional elements like intros, but I couldn't get all the folders open easily and have to fiddle around with the scroll to be able to see the artifacts.
3. Probably the worst of all, I was acutely aware of the main logo altering (someone took their name too seriously) constantly in the corner of my eye. This was so jarring, I found myself hurrying up to finish the article.
4. Twice my browser tab crashed on this page. While not strictly a design consideration, more moving parts means more chances of something breaking. Do you want to compromise the article because some graphics didn't work?
The article itself was really good. Very informative and interesting. I wanted to sit down and take it in leisurely, but the graphics were annoying to such an extent I found myself hurrying to finish it up.
But I do understand this can be a very polarizing opinion. There are probably people who absolutely loved the graphics and for whom it added to the experience. But I'm also sure there are people for whom it was nothing but a deterrent. The best approach in such a case is graceful degradation. Allow people who can't stand animations and effects to turn them off and gracefully degrade your page to retain all the functional aspects and still present your core content.
There will always be people who value intrinsic incentives and even more so when there is a lack or limitation of extrinsic ones. Society will do well to structure itself primarily around such people. Such people are also less likely to cause damage to others because it's very rare that damage to others fulfills one's intrinsic needs. Linus is arguably a net positive to human society than the top 20 billionaires combined. We need more of him and less of the others.
The beatings will continue until morale improves!
This is so weird. I can't imagine a company instructing their employee to delete their personal correspondence. It's such an overreach, it doesn't comprehend.
Can you share some links? Neither amazon.ca nor walmart.ca seem to show this.
Does it do distributed inference? What kinda token speeds do you get?