bobwernstein's comments

bobwernstein | 5 years ago | on: 'LinkedIn Is Not a Dating Site' Should Users Be Trying to Find Love on LinkedIn?

picking up a girl on linkedin only works if you approach in a professional way anyway. The chances for a coffee meeting is 100x higher if you suggest discussing some mutual professional interests (fake it if you must) then just saying '' do you want to go on a date with me''. Then if you like each other you will notice the sparks flying. If not you now have networked professionaly. win win

bobwernstein | 5 years ago | on: SEC Modernizes the Accredited Investor Definition

"sold to investors without registering the security with the regulatory body" I knew you would say that, because there are countless judgements against companies to be easily found with that exact scenario. That's actually not the same situation as finding out a non accredited individual was allowed to purchase a security in a private offering. And "without an applicable exemption" is too vague and can mean anything. No way to know.

bobwernstein | 5 years ago | on: Telegram messaging app proves crucial to Belarus protests

they sent phishing links thru sms and also do sim swaps. They hijack the phone number by connecting it to another sim card. They also have people work at the providers that give them access to these numbers. I'm in those groups so I'm not talking out of my ass.

bobwernstein | 5 years ago | on: Leaked S-1 screenshots show Palantir losing $579M in 2019

quoting top comment under the article:

So let's break this down: A 17-year-old software firm (they are not a startup) has Has only 125 paying customers Generates 742MM in revenue Raised between $2.6 - $3.0 billion dollars in venture capital to generate that $742MM Has never broken even in 17 years Lost $580 MM Concentrates nearly a 1/3 of its revenue in 3 customers (avg rev ~$67MM per those top 3, a staggering amount for a software company of this size) Grew revenues by 25% YoY, that's good, but 91% of that comes from existing clients, that's bad Valued at $20 billion by private investors And the coup de grace, the founders want to keep 49.999% control in perpetuity regardless of their stock ownership. I expected a lot more given the hype and aura this firm has had for so many years. This company is being valued at 26x its revenue, which is insane even in SaaS land. Good luck to anyone who purchases these shares on the open market. I would highly recommend against it.

bobwernstein | 5 years ago | on: 1-Euro Houses

don't fall for it. The market says these aren't worth buying. Don't go against the market.

bobwernstein | 5 years ago | on: Ask HN: Newly Remote Workers – Where Are You Moving?

I just dropped my group of friends of 25 years because all they talk about is going out drinking. Even the one that just bought a house, is married, has small child and another one on the way. All they want is to hanh out drinking beers. like multiple times a week. That shit ain't normal lol. And I agree, Vegas ticks all the boxes.
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