xiaosun · HackerTrans

3 ปีที่แล้วdiscuss

Sales and sales development roles are very different, especially if you are in an inside sales role. The number of feedback touchpoints are much higher for those roles. Sales interactions happen very frequently and getting feedback real-time increases the quality and relevance of the feedback.

xiaosun

4 ปีที่แล้วdiscuss

So why include this figure and call it a "total of $216,000 in debt" that excludes the $20k?

It's either intentionally misleading or lack of diligence in presenting the numbers.

xiaosun

4 ปีที่แล้วdiscuss

https://www.nobadreviewspodcast.com/episodes/

Podcast website

xiaosun

4 ปีที่แล้วdiscuss

>>To make this order happen, we had to take $45,000 in personal loans from friends and family, $65,000 in business credit card debt, $35,000 from a business loan, $60,000 in personal credit card debt, $20,000 in outstanding invoice debt, and $11,000 in loans from us personally to the business, for a total of $216,000 in debt.

I don't find myself very sympathetic. Feels like there is plenty of evidence that the business owners here aren't the most diligent or detailed oriented.

$45k+$65k+$35k+$60k+$20k+$11k adds up to $236k

Best case this is the result of their own naivety/incompetence, worse case this is just a distasteful marketing ploy.

>>Mid July, after 6 weeks of roasting 21 hours a day on the roaster in 3 shifts, working 12-16 hour days, regularly working until 11 pm to finish bagging and boxing.

Despite this work schedule, had no problem releasing their weekly hour-long podcasts every week in June/July.

xiaosun

4 ปีที่แล้วdiscuss

Every legit consultant knows things only come in threes.

xiaosun

4 ปีที่แล้วdiscuss

The award is for 61000 shares, which would have been worth $212M as of the 12/31/2021 share price. It's worth far less now.

Quite frankly, this is as sensible of a comp package for a CEO as one could propose. Compensated in primarily in equity with a long horizon for vesting. If a company wanted its executive to be aligned with the interests of its shareholders, is there really a better structure?

Aligning the incentives of the CEO to the incentives of shareholders by awarding the equivalent of an 0.012% ownership stake seems reasonable to me.

xiaosun

4 ปีที่แล้วdiscuss

"The main reason people live there is to feel remote and rural. It is a way of life."

Marin County is one of the most segregated counties in the Bay Area, and by design from legacy housing policies. It's hard to ignore the fact that "preserving the essence" is the same thing as "continue to be a heavily segregated" locale.

"An inordinate number of the most segregated cities in the Bay Area are smaller cities that are more than 85 percent white in Marin County (Ross, Belvedere, Sausalito, San Anselmo, Fairfax, and Mill Valley are each in the top 10). Two of the top 10 are similarly small-sized, heavily white cities in San Mateo County (Portola Valley and Woodside)."

https://belonging.berkeley.edu/racial-segregation-san-franci...

xiaosun

4 ปีที่แล้วdiscuss

Well, I suppose the devil's advocate argument is once you get to this stage (publicly traded company), the company's priority is no longer just "do things to get traction", but also "do things to support share price". You could argue the ex consultant MBA type product manager is better suited to solve a problem that institutional investors run by ex finance MBA types have.

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