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vikramhaer's comments

vikramhaer | 10 years ago | on: Amazon Cuts Down on Prime Members Sharing Their Benefits

I don't think 'selling stuff with a margin' was ever their business model. In almost every aspect of their business they act as a platform (platform to sell things to consumers, host photos/ music/ etc, watch/ listen/ subscribe to content, AWS). I feel like Prime's goal is to encourage customers to stay within the Amazon ecosystem and although its a revenue stream, it doesn't necessarily mean that 'monetization is now tied to walking the fine line between positive experience and pissing people off'.

vikramhaer | 11 years ago | on: GoPro Plunges After Apple Gains Remote Camera Patent

Not sure I see how it's relevant to the discussion... The article you linked talks about Woodman's stock grants, and mentions how stock option repricing is used primarily by companies with volatile stock prices. The price hit the stock took would lower the value of Woodman's grants, so I don't feel like that article really dampens the main point in any way... Would you mind clarifying?

vikramhaer | 11 years ago | on: The Email I Received from Google in 2007 When They Wanted to Buy Zilo (2012)

Agree that bullshit offers need to be weeded out, but I don't think it would make sense for an Acquiror to propose a price without sufficient information to base that price on. Justin's post mentions bullshit offers as not putting time pressure or promise of term sheet delivery, but the email indicates they're interested in getting it done as soon as possible. Hard to say if this really was a bullshit offer, but don't think an indication of price through an email, especially prior to an NDA, would make sense.

vikramhaer | 11 years ago | on: Stripe raises $70M at $3.5B valuation, double that of January

Agreed, that's why I've always thought of it as an implied valuation. Investors are going into it expecting upside, and the terms allow them to have a floor (regardless of what happens with common/ prior rounds), but I don't think they would make the investment if they felt an acquisition/ IPO/ other liquidity event would value each share of the company at less than what they paid for it. I don't think its unreasonable to use this to get to an implied total valuation.

vikramhaer | 11 years ago | on: Stripe raises $70M at $3.5B valuation, double that of January

After reading through the quora article, I agree that different tranches may have different terms. However, if investors are buying 70M shares at $1 each, it implies that they believe a share of the company is worth that much. If the company has 3.5B shares, that's an implied valuation of $3.5B. In that sense, the investment does value the company at $3.5B. Whether that valuation (or a higher or lower one) is realized through a liquidity event is a different matter, and if/ when that happens, the valuation would be specific to that point in time.

vikramhaer | 11 years ago | on: Lyft-Off: Zimride’s Long Road to Overnight Success

Curious - why did you feel the need to start your comment like that rather than just saying 'I'm happy to see Lfyt's years of efforts in improving transportation paying off. This is so much better to hear than Uber's tale of one-upmanship.'?

vikramhaer | 11 years ago | on: Tesla's Infinite Mile Warranty

Even more, I think!

Days in a year: ~365 x 8 = 2,920; 1,000,000 / 2,920 = 342.5 miles per day

W/o weekends: ~260 x 8 = 2,080; 1,000,000 / 2,080 = 480.8 miles per day

That's more than 5 hours of driving, every. single. day. Unlikely.

vikramhaer | 11 years ago | on: Announcing UberPool

Google ventures invested $258M in Uber about a year ago, I'd say it's highly likely that if self-driving cars pan out, there'll be an Uber fleet of them.

vikramhaer | 11 years ago | on: Twitter Reports Second Quarter 2014 Results

Not saying I disagree. I don't think people should be looking at GAAP vs. Non-GAAP if they don't understand that one vs. the other doesn't make the company more or less profitable. My point is it helps better understand the company from an operational perspective when very high SBC or D&A can significantly distort actual expenses.

vikramhaer | 11 years ago | on: Uber Isn’t Worth $17 Billion

I feel like this comment was made without reading the post.

"Uber’s growth potential rests not only on being able to claim a larger share of the car-service market but also on expanding this market by attracting those who use public transportation or drive their own cars." He even mentions that his base case is assuming uber remains in the car-service related business.

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