Little silly to say "I revoked $1M worth" since the price paid for each certificate includes unlimited renewals to fix problems like he identified. They are still worth $1M despite everything he did, they just have different private keys now and slightly improved data.
Maybe a better title would be, "Humans not 100% reliable about ensuring accurate information stored within thousands of data records, despite such accuracy kinda being the whole point."
If you don't like the terms of the shareholders agreement, then you don't have to buy the (private equity) shares. But if you buy the shares and sign the agreement, I don't see why the directors should honour illegitimate share transfers you attempt to make in the future.
He just got unlucky. It's always luck of the draw with job interviews. Just like those poker players that say they should have won the hand.
I'd like to try this in an interview: how would you re-root a binary tree such that the ordering of the elements remains the same, but the root node of the tree changes.
I don't mind the promoted Triplebyte ad I see at the top of my reddit landing page. I'm subscribed to r/git and r/programming; I suspect it's coming from my r/programming subscription. My ad-blocker is enabled for reddit, but the Triplebyte promoted ad still gets through. I guess it's not really an ad but a promoted topic. It even has the upvote/downvote buttons. It's been there for probably the last month.
I'm a 30+ year old software-engineer in Vancouver, BC. And there's a housing bubble. My friends are mostly also senior developers / software architects / managers etc.
I think it's better to structure it as an equity investment, and to really make it clear to friends & family that they are buying a lottery ticket that will probably lose.
Also, make sure the investors are people where you wouldn't be uncomfortable if they saw your company's annual shareholder reports every year for the next 20 years - both in the failure and mad success scenarios. An ex-spouse or potential ex-spouse perhaps not a good choice.
I would do a small friends & family round pre-revenue. E.g., 8 friends and family @ 12.5K each = 100K. I don't mind if my success makes my friends & family some money.
But I'll sure feel bad if I take their money and lose everything. Perhaps that would be motivating...
(Note: where I live (BC, Canada), the provincial government offers a refundable 30% tax credit for investments like this, so if I did lose everything, friends & family would only be out 70K).
If you're already a grad student you can usually take any undergrad course at your institution for free. It will slow down your progress on your graduate degree, but you might as well do it right if it's what you really want.
Hey, that's me! (Six figure income, stopped paying credit card bills.) Aside from the interest that continues to accumulate, you are absolutely correct: the debt does decrease:
At the 7-month mark one of the credit card companies (I owed them $15,000 at 29.9% APR) sent a piece of registered mail: if you send us 3 post-dated cheques for the next 3 months for $1200 each (total $3600), we'll consider the debt paid off.
I ignored them and did a Chapter 13 instead. (Well, the Canadian equivalent).
> "who is responsible for patching applications with no development team anymore?"
Struts 2.2.3 (oldest vulnerable version) was released on May 7, 2011. Personally I find it easy to imagine an app depending on that, going into prod, and just chugging away, forgotten for 6 years on some obscure corner of an enterprise's public (or internal) web assets.
Would you have represented your client for the litigation?
(Or would your firm have?)
I'm just curious to understand how your own incentives don't point you towards court. Are you in-house counsel? Are you a small shop with no litigation department?
Maybe a better title would be, "Humans not 100% reliable about ensuring accurate information stored within thousands of data records, despite such accuracy kinda being the whole point."