Or are you suggesting that there are Tesla owners who are (a) sitting in their driveway wondering why their car isn't driving them to work or (b) returning their cars upon finding out many of the features on the Autopilot page require regulatory approval?
Tesla driver caught turning on autopilot and leaving driver’s seat on motorway
Culprit admits he knew what he had done was ‘silly’ but that the car was capable of something ‘amazing’
CoffeeScript has the worst tooling ever.
QBasic in the 90s had better tooling than CoffeeScript: an integrated editor, debugger, compiler, type validation... let's give it all up to code in vomitscript.
Have you ever tried Atom? Its interface is written in HTML5 + CoffeeScript, and it targets CoffeeScript as the primary language. Tell the GitHub guys about tooling...
But besides, judging a language based on available tooling is akin to judging a CPU based on the computer casing looks.
For a real programmer, GNU Nano with appropriate highlighting should be enough. If a language calls itself "high-level" but makes the coding process hard without tooling, it deserves no attention at all.
Happy that my hometown of Louisville, KY is partially finished with building out a ~110 mile bike (and walking) loop that circles the city by connecting existing parks and creating new ones. I can't think of anywhere else in the US where a cyclist could a century ride without having to deal with automobiles.
That is a spiffy facility, but it takes another kind of political fight to build bike lanes or dedicated bikeways in the city center where people actually want to go.
It is very nice to have separated bike lanes, but they're of limited utility if they don't connect useful transportation endpoints (eg residential, commercial, recreational).
> I can't think of anywhere else in the US where a cyclist could a century ride without having to deal with automobiles.
I assume you mean in or near cities. There are several long-distance bike-only trails (that I know of) in the US, but they tend to be in protected nature areas.
The 185 mile long Chesapeake & Ohio Canal bike path connects to the 150 Great Allegheny Passage bike path, giving a 335 mile long bike-only trail between D.C. and Pittsburgh.
Correct me if I wrong, but wouldn't this force Airbnb to have to start filing financial reports once they exceed a certain number of shareholders? I imagine they rather these limited shareholder spots go to bigger investors.
Doubtful. There's a lot of tools available now to avoid limits. The JOBS Act (2012) increased the limit and gave additional carve outs to 2,000 shareholders or 500 un-accredited investors. All of AirBNB's new shareholders are accredited investors – it's not like they are taking angel or friends-and-family funding at this stage. Also, employees that exercise their option grants are not generally counted anymore toward these limits – it's considered part of their compensation benefit.
Would the average AirBNB host be an accredited investor?
Also, I hadn't heard that employee grants are not considered towards the investor limit, is it just that holding options doesn't make you an investor or is it more than that? Can you point me towards some reading material?
Edit: It looks like "Shareholder's of record" as defined in the JOBS Act might exclude employee incentive share programs (as long as those plans were exempt from registration under the Securities Act... not that I know what that means)
Doubtful that the average host would qualify, especially since the average host is using their home to host AirBNB guests, and your primary residence does not count toward the monetary requirements to be qualified as an accredited investor – net worth over $1mm, annual income over $200k [0].
As far as the shareholder limit, Cooley LLP has a decent overview of the JOBS Act's changes [1]. Holding an option grant never counted toward the 499 limit, but previously if you exercised your option grant (through equity compensation), you may have counted toward the 499 limit. Now, most option holders that exercise their grants are exempt from this shareholder count.
Your edit: You can avoid registration through a variety of exemptions of the 1933 Act. One of those is the Rule 701 exemption at the federal level; it carves out exemptions specifically for employee compensation plans. It makes sense. The 1933 act is to primarily protect against fraudulent companies selling 'stock' and came about from the massive crash of 1929. It wasn't to protect against an employer voluntarily giving up a percentage of their equity ownership to employees in exchange for service.
There are limitations on this exemption to make sure companies are not using it to actually solicit stock.
So long as the grant was under the exemption, if they exercise their grant, it should not count toward the shareholder limit.
https://ubuntuforums.org/showthread.php?t=2364091