What I mean is that later employees—especially the ones who joined during the 2021–2022 hype when Brex was valued at that crazy $12.3 billion peak—got their RSU grants priced at those very high levels. That meant their equity was basically "underwater" once valuations crashed post-2022; the shares they were promised wouldn’t pay out much (or anything meaningful) unless the company somehow got back to those crazy heights.
To keep people from jumping ship and to make things feel fairer, IIRC in 2024 Brex did some RSU "top-ups" - basically, they handed out extra shares at the much lower current valuation to compensate for the drop and give those folks a better shot at actually making some real money or "breaking even".
That's less than half of Brex's crazy $12.3 billion peak back in 2022.
But honestly, it’s still one of the biggest fintech deals ever and actually gives people real money in a market where most unicorns are just stuck. The founders are reportedly splitting about $1 billion each, early investors (2017-2018) are getting 12-80x returns, and YC’s tiny $120k seed turned into ~$100 million (800x, insane TBH). Even later folks (especially the 2021-2022 crowd) are breaking even (at least) or getting a little upside thanks to some 2024 RSU top-ups.
So, Finland gave fluoride a shot in a few cities back in the '60s through the '90s, but they didn’t see much point to it and dropped it. Now, some spots there are even filtering it out of the water. You can still get it in toothpaste and mouthwash, though.
There’s this study I read that says the top five countries for dental health are Denmark, Germany, Finland, Sweden, and the UK. The US? It’s lagging at ninth. Funny thing is, out of those top five, only the UK messes with fluoride in their water, and even then, it’s just for like 5% of folks.
Honestly, it kinda feels like skipping the fluoride in water might be the smarter move.
Honestly, while this is a great update and all, other AI platforms have had web search functionality for quite some time now. Any explanation for this delay?
I wonder if Claude’s API will match Perplexity’s dynamic answers. Is there API rate limiting. If so, then the older API pricing would be preferable. Can users switch between the two?
Aryabhāta, an exceptional Indian mathematician born in 476 CE, left a lasting mark on mathematics and astronomy. At the age of 23, in 499 CE, he calculated pi to be approximately 3.1416 and suggested its irrational nature, relying on insights from Vedic traditions. He’s also widely recognized for introducing zero as a numeral and developing various mathematical and astronomical concepts. That said, the value of pi had been explored even earlier by another Indian mathematician, Baudhayana, around the 6th century BCE. Baudhayana not only worked out pi but also laid out what we now call the Pythagorean Theorem, long before it reached European scholars.
How timely!! I was looking for something similar to convert some of my portrait images. I'm trying it right now and I'll let you know how it goes soon. Thank you
To keep people from jumping ship and to make things feel fairer, IIRC in 2024 Brex did some RSU "top-ups" - basically, they handed out extra shares at the much lower current valuation to compensate for the drop and give those folks a better shot at actually making some real money or "breaking even".