Hacker News: eanzenberg

New comment by eanzenberg in "Let employees sell their equity"

eanzenberg — Sat, 12 Sep 2020 03:04:58 +0000

Thats different than being an uber early employee and knowing your private equity is worth a ton. I also wouldn’t exercise random startup shares unless they were real cheap and I wanted to roll the dice. The uber example is clearer. I’d always rather be a paper millionaire than not a millionaire at all. At least you have the choice to exercise some if you leave, or all if you can afford the loans. Also uber is a bad example since people DID sell their private shares as there was enough of a marketplace for it.

New comment by eanzenberg in "Wildlife in ‘catastrophic decline’ due to human destruction, scientists warn"

eanzenberg — Fri, 11 Sep 2020 23:49:29 +0000

>> the western parts of the country is literally on fire.

Currently under investigation as arson.

New comment by eanzenberg in "Let employees sell their equity"

eanzenberg — Fri, 11 Sep 2020 06:21:13 +0000

Right, but why exercise the option without next selling it? If you’re quitting, that’s a risk. And AMT is applied on the gains. So your strike is $1, valuation currently at $100 and you pay tax on the $99 gain. Unless it’s Theranos that valuation wont go back to $1, so yes, you’re privileged.

New comment by eanzenberg in "Let employees sell their equity"

eanzenberg — Fri, 11 Sep 2020 06:17:09 +0000

Diversity dilutes your return as it regresses to the mean

New comment by eanzenberg in "Let employees sell their equity"

eanzenberg — Fri, 11 Sep 2020 06:12:40 +0000

Absolutely agree. It’s a numbers game but the first 9 may not hit but the 10th makes you wealthy. So if you’re on your 6th then you will feel the equity value is worth $0

New comment by eanzenberg in "Let employees sell their equity"

eanzenberg — Fri, 11 Sep 2020 06:09:11 +0000

If you’re hitting ATM you’re doing extremely well for yourself and are privileged.

New comment by eanzenberg in "Let employees sell their equity"

eanzenberg — Fri, 11 Sep 2020 06:08:13 +0000

Investors have the same lockup period post-IPO as do employees and founders.

New comment by eanzenberg in "Nikola: How to Parlay an Ocean of Lies into a Partnership with GM"

eanzenberg — Thu, 10 Sep 2020 23:10:48 +0000

That’s a fairly high bar. Musk’s vision is a 100 year vision, I don’t think anyone expects transhumanism in 2021.

New comment by eanzenberg in "Cameras on San Diego streetlights turned off until ordinance in place"

eanzenberg — Thu, 10 Sep 2020 16:27:44 +0000

Good experiment to see if this causes crime to increase.

New comment by eanzenberg in "The Long-Term Stock Exchange Opens for Business"

eanzenberg — Wed, 09 Sep 2020 18:01:50 +0000

Snake oil is snake oil.

New comment by eanzenberg in "Journalists perceive stories published in local news outlets to be less worthy"

eanzenberg — Wed, 09 Sep 2020 02:45:19 +0000

These days I’d much more trust police reports or press reports than a narrative driven national outlet.

New comment by eanzenberg in "Tech firms face growing resentment of parent employees during Covid-19"

eanzenberg — Wed, 09 Sep 2020 02:42:13 +0000

Who do you suppose pays for it then? At that level public schools shouldn’t exist as private do a better job by all metrics.

New comment by eanzenberg in "Tech firms face growing resentment of parent employees during Covid-19"

eanzenberg — Wed, 09 Sep 2020 02:40:59 +0000

First, $500/month for each child in France is not that cheap or great, especially as you’re sacrificing earning potential.

Second, we have anecdotal data and you suggest we revamp a trillion dollar industry and incentive structure? Seems like we’re doing ok here, considering more people want to come in from France than emigrate there.

New comment by eanzenberg in "Tech firms face growing resentment of parent employees during Covid-19"

eanzenberg — Tue, 08 Sep 2020 21:30:11 +0000

This outlook is widely in-the-coastal-city-bubble.

New comment by eanzenberg in "Tech firms face growing resentment of parent employees during Covid-19"

eanzenberg — Tue, 08 Sep 2020 21:28:47 +0000

How do social services help? The article is about parents with jobs adjusting or continuing to adjust to working from home with kids there. Social services as you listed are primarily for people who aren’t working.

New comment by eanzenberg in "Covid vaccine makers commit to not seek approval until complete Phase III trials"

eanzenberg — Tue, 08 Sep 2020 21:24:55 +0000

I can definitely envision fascist-lite elected officials using lockdowns in the future willy nilly, because the people precisely have gone along with it.

New comment by eanzenberg in "Covid vaccine makers commit to not seek approval until complete Phase III trials"

eanzenberg — Tue, 08 Sep 2020 19:43:19 +0000

Not sure how this is an ‘only’ Trump thing. Republicans believe D-politics will delay the vaccine so it doesn’t come out before Nov 3rd, and Democrats believe R-politics will prematurely release a vaccine before Nov 3rd.

This country has become so politically cancerous that I wonder if a WW2 style event were to happen (as if Covid isn’t one already) if the country could unite around it, today.

And before you question the thesis, I’ve had the pleasure of listening to a few doctors lament the possibility of having life-saving therapies or vaccines if it helped Trump get re-elected.

New comment by eanzenberg in "'Wild West' mentality lingers in modern populations of US mountain regions"

eanzenberg — Tue, 08 Sep 2020 17:43:20 +0000

That’s the one constant with population growth. The remote parts of the world won’t be so remote as time goes on.

On your point about space travel, it doesn’t even have to be that far. The moon or mars aren’t that terribly far on conventional rockets. If we could terraform mars for our arrival, though, that would be cool. Maybe this unlocks another explosion of population growth, similar to the industrial revolution and improvements in medicine?

New comment by eanzenberg in "We want to live in a world free of chemical weapons"

eanzenberg — Mon, 07 Sep 2020 02:06:13 +0000

What societies today have workers own the means of production, or where private property is abolished? N Korea? Venezuela? Cuba? Seems pretty strawman

New comment by eanzenberg in "We want to live in a world free of chemical weapons"

eanzenberg — Sun, 06 Sep 2020 15:08:19 +0000

On the other hand, Kenosha riots fizzled when the national guard came in.