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Some people donate individually and not from their business because they don't want anyone looking deeply.

The reasonable complaint is that attendees are hauling their trash off the playa but the infrastructure to deal with the trash after that still needs to be improved.

Personal anecdote: I attended lightning in a bottle years ago and they had a similar "pack it out" rule. Well that doesn't help when you're not aware of that prior to attending and need to dispose of plates from food you purchased at the event. I guess the expectation is that a day visitor carry around a trash bag full of waste with them all day. It came across as lazy by the event organizers.

For California it depends on both type of work and compensation. You can still be required to pay overtime to a salaried employee if they don't meet certain criterion such as being in a managerial position.

The last paragraph rings true to me. I've had designers leave my company because I consistently picked other designs over their's. IMO it comes down to a builder versus maintainer mindset.

It may sound ridiculous but consider this: most cigarette users looking for harm reduction have already tried e-cigs and found them unfulfilling. This product, even if a hackjob, has already achieved success internationally.

That's exactly right. Recessions are not behavioral patterns. They happen when borrowers can no longer borrow more to pay the interest on their existing debts.

It is entirely possible to get your Instagram reinstated. What you need to do is know someone who has a close relationship with FB. In the past I used a friend who owns an influencer agency. After months of submitting my own appeals his single appeal did the trick.

We don't know that the person being prosecuted is the ultimate recipient of the funds. He could very well be the fall guy.

"Those are whopping margins, and the reason for this discrepancy is that rental markets have very different dynamics in expensive cities like New York and San Francisco than less expensive cities like Milwaukee. In low-cost cities, landlord profit rates rise steeply alongside neighborhood poverty. But in expensive cities, the reverse is true. In expensive cities, landlords make money through appreciation and gentrification (which is bad enough for the poor). In lower-cost, more economically hard-hit cities, they make it on the backs of the poor."

In expensive cities the underlying real estate appreciates and you make your money on that when you sell. The cash flows are mostly to cover maintenance and property tax but in some hot real estate markets rents won't even cover operating costs. In stagnant areas the property value is either stable or decreasing so you make your money on rent.

Low rent, high appreciation properties are attractive to investors who don't need cash flow. If you need cash flows you have to go the other way. This isn't surprising to anyone.

I do the same thing with tennis shoes. If I like a pair I'll go back and buy 4 more pairs before they change the shoe the next year.

Same, not counting the money I lost due to his scam trading bot that was front running the market. I think 5 years would be a light sentence here.

Mixed lighting greenhouses are common because you have a better final product, more control over the environment, and less risk of contamination from nearby farms that are using banned pesticides. There is still quite a bit of sungrown but it requires the right climate. Typically sungrown is only suitable for manufactured products.

Who pays for facilities and player scholarships? It's not difficult to move numbers around.

It's not a good return on investment because the underlying asset hasn't appreciated 7.5%/yr some 8 years later. I am not a valuation expert but as a small business I'd estimate a 3x EBITDA placing the valuation at 2.34MM. The investors presumably owned a fraction of that.

Person A is a consultant/investor of business A who is looking to expand their retail footprint to a new geography. They have a friend, person B, who is a big networker. Person B knows the landlord of a business at a suitable location and introduces the two parties. The networker gets an option to invest, finds an investor willing to split the upside, and takes a mid 6 figure success fee with no money invested. The work done is pretty minimal and the entire thing relies heavily on knowing other wealthy individuals and successful entrepreneurs.

Gumroad took 10.35MM in investment to build a company that does 780k/yr (65k/mo*12mo) in profit. The numbers don't work out to call that a success.

If he bootstrapped and reached 780k/mo after 8 years of work that would be a successful lifestyle business and he should be absolutely proud.

I'm absolutely not trying to be judgmental as I've succeeded and failed at businesses myself.

There are entrepreneurs whose primary income is serving as 'glue' through networking. They are constantly tapped to connect companies and bring projects to life. Typically they make themselves available to solve problems for you and make introductions.

I was having trouble swallowing after eating meat for a few months. I gave up meat but then it happened when eating a bagel. When I got into see the doctor he said it was a stricture forming in my esophagus due to acid reflux. Taking a proton pump inhibitor (Prilosec is a PPI) made all the swallowing symptoms go away.

This article is the playbook of how big business enters new industries. I went through this all in 2016 when big money started entering the cannabis industry. The invitations to use people's vacation homes, the fancy dinners, etc. were all part of the experience. They studied my business model and replicated it. They hired researchers and pioneers of the industry and then fired them all within 2 years once they learned everything they need to. In the end--it makes sense. We don't fit their culture and they don't fit ours.

The biggest mistake they made was ordering 3,000 decanters and 1,500 aerators. These were not custom products so why was the order quantity so high? As an importer it's clear that the agent they dealt with in China knew it was a one-time thing and juiced them on the quantity. Realistically they should've ordered 100 of each as a quality check, listed them for sale, and seen how it goes. Minimum order quantities rarely are.

I'm suggesting focusing on a cofounder instead of an advisor.

No one would leave a successful venture for an unproven one. But there's lots of serial entrepreneurs who have already exited and are floating around looking for interesting opportunities. Your startup is niche so I'm not sure you'd find someone with relevant experience that easily.

This is unsolicited but my strategy if I was in your shoes would be to talk to people whose services you would be replacing. Those would likely be the Wall street investors. Get honest feedback early if your product could compete with their services. At the end of every discussion you have ask them if they can give you names of anyone else who might be interested in seeing your demo or potentially joining you. In other comments you say it's too early for VC...that may be true but getting introductions and asking for introductions to potential cofounders could be very fruitful.

You have a really impressive pedigree so I would always lead with that in any conversation. I'd also update your LinkedIn to reflect what your accomplishments were at Google instead of what your department achieved. Add your new startup to your LinkedIn. It's work but I'd also recommend getting professional headshots taken for your LinkedIn. This stuff is important. It's not because people can't see through it...it's because it's a negative signal if you don't do it.

As a somewhat experienced CEO it sounds like you're asking for something for nothing. You get the financial gains and the mentor gets to feel emotionally fulfilled? This is business. If you want people invested to the point that they're making a meaningful impact you need to compensate them and bring them in full-time.

Furthermore, it sounds like you've encountered the biggest challenge a CEO faces which is how to successfully go about talent acquisition. To me it sounds like you really should be looking for a cofounder.

If you're dead set on mentorship there are CEO mentorship groups out there such as Vistage. I've never attended but I can imagine it's useful.

My estimate is that the founders took money off the table during those rounds. It's doubtful they'll see anything from the sale. I wouldn't worry too much about them I'm sure they're sitting fine.

I'm having this same discussion with my tax attorney and CPA firms. Right now my corporate structure is all LLC's with plans to elect to be treated as a C Corp for taxation. For smaller companies there are a lot of headaches involved in keeping the documentation for a C Corp. Whether you held all your board meetings becomes important if you get sued and they try to pierce the corprate veil.

Queso is a staple of texmex. I have friends from the Midwest lament the lack of queso at local Mexican restaurants in Los Angeles. That said, queso is probably having regional success outside of CA.

Say you have an employee who is being considered for management. They allegedly said some pretty nasty things to another employee. When you interview their colleagues no one will corroborate the story. Do you think they will still seriously be considered for management? Nope.

It's not about learning about technology. It provided a creative and social outlet for an ostracized, emotionally neglected kid to create. I look at my own 10yo daughter today and her life is planned out for her. Kids don't ride bikes after school, climb trees, or do other activities where they're in charge. Instead they go to whatever extracurricular activities their parents signed them up for. In her case that's choir, piano, and tennis. There is a lack of self-directed outlets where they can explore their boundaries until later in life.

NetZero.

Making punters in VB3 got me started. I wonder if there is an equivalent avenue for kids to be subversive these days? Every generation says it but the frontiers are gone.

Many cannabis products aren't possible to produce without a legal framework.

Say you want a consistently dosed 5mg edible. Does your state have a robust cannabis oil extraction and distillation infrastructure? Does it have rapid, reliable testing to quantify dosage? Probably not.

Maybe you prefer a live resin extract produced from fresh cut flower. You need to have refrigerated trucks in the field when you harvest, a -20C refrigerated room for product storage, and a processing lab. This kind of product is highly sought after but rare in the black market.

There's as much depth to the cannabis industry as there is to alcohol, tobacco, or food. It just wasn't clear to people when all they could purchase was the equivalent of moonshine.