pat87

https://www.animaapp.com (YC S18)

There can be a bad “business model”

Name one?

Founders need to purchase shares in the company they found.

The shares are extremely cheap as the company has no assets, but you still need to physically wire money to the company bank account.

Source: https://stripe.com/docs/atlas/issuing-stock

Bitcoin can be killed by means other than technological.

For example it can be outlawed. Sure, people would still be able to use it, but they would be breaking the law and that would deter many, possibly enough to kill it outright.

Everything he mentioned is the result of many people working together. No hospital or electricity network were built by one person.

Capitalism is a great way to have people work in collaboration while still being motivated by their own individual goals.

“Apple penalizes fifth graders...” should be the headline by this logic. Apple permitted the app to do this.

It’s hard to see things when your salary depends on you not seeing said things.

It’s not that they’re willing but more like had to.

They need the extra cash from the IPO, and they have to disclose the craziness in the S-1 otherwise it’s plain fraud.

“speak like excited teenagers”

So does the president

The professor that wrote the analysis distinctly says WeWork as a business has value (worth maybe $2b). The issue is with the valuation of the company that is 26 times the revenue, and priced as a tech company even though it has no tech. It’s a real-estate company (these trade at x3 revenue).

They continuously track your financial data and sell it to VCs.