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They can spend more money to make the premium service work. Hire more delivery people etc.


Well I doubt that any of these have reached perfect design (the way that say, a can of Coca-Cola has) so we’d expect to see some minor changes. Hinges, ports, keyboard, etc etc


There were two changes in the "Softbank model" -- first was investing at this scale without a real network effect or any sort of "moat," and the other was just the sheer speed of the investment -- an avalanche instead of a snowball. A company like WeWork doesn't have any real reason that it needs to grow hyper-fast -- it's a Ben and Jerry's.

https://www.joelonsoftware.com/2000/05/12/strategy-letter-i-...


The only point of the one year cliff is to pay someone less, or keep a startup’s cap table clean. For a public company there would be no point.


The other point is to bind people to the company.

It's very similar to a sign-on bonus you can claw back in the first year or two.


In some cases it’s not, some states like California enforce minimums, but when they are going beyond the minimum then it’s obviously up to them.


I have never seen a more generous one.


You cannot compare situations in the US to situations in Asia since the populations are so different. In Asian countries people wear masks regularly... in the US the Vice President considered it too emasculating even for a HOSPITAL visit. There are plenty of good things about Americans but some of their worst qualities are a perfect match for disease transmission.


The idea that a subway system like New York's (or even more, London's) is NOT a major vehicle of disease transmission is an extraordinary claim that requires evidence more extraordinary than this.


On the "hacker's" resume for a security job? No, it doesn't count.

From the user's perspective who had their data leak? Of course it counts.


It’s not just costs incurred by engineers, it’s costs incurred by users. If you’re providing file storage as part of your app, then for every engineer with a dev environment in the cloud, 1000 users could be uploading gigabyte files into your S3 bucket.


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