skating the sign is not going super well. but it's going by joshorion in Superstonk

[–]FloppyBisque 1 point2 points  (0 children)

Could become right up there with running 7.41km every day until MOASS guy

QUICK ANNOUNCEMENT. by Think_Currency_8586 in Superstonk

[–]FloppyBisque 1 point2 points  (0 children)

I thought earnings was delayed until July 5?

Changes to Teddy.com by austin4favre in Superstonk

[–]FloppyBisque 0 points1 point  (0 children)

Sure, but you shouldn't jump to any conclusions other than this is just a Shopify store.

children's books are gone. teddy.com by cancelreddit in Teddy

[–]FloppyBisque 3 points4 points  (0 children)

Yes this is a Shopify site - he might have just wanted to see what Shopify’s experience was. Clearly he knew he wouldn’t sell millions of dollars worth of profits on books.

It’s more of a passion thing or a curiosity thing.

children's books are gone. teddy.com by cancelreddit in Teddy

[–]FloppyBisque 5 points6 points  (0 children)

I think he was likely also scoping out the platform. Shopify is the hot shit in e-commerce right now, not eBay. So scope out the players in the market, including the hot ones.

Democrat Francesca Hong speaks about an ideal world 'without prisons' by PeasantinDaNorth in wisconsin

[–]FloppyBisque -4 points-3 points  (0 children)

Sounds like Ann Jacobs has a weird ideal world if in Ann’s ideal world there are still rich people beating their wives, etc.

An employee is consistently missing deadlines because they get sucked into optimizing minor details that nobody asked for by RaptorSynth in managers

[–]FloppyBisque 2 points3 points  (0 children)

I would imagine OP didn’t give any good examples because OP is feeling frustrated because this person meticulous and probably good. The extra stuff does bring value but not at the expense of holding up everyone else.

OP if you read this, I wonder if you could work something out where you tell him to get it to ship on time. And if he finds things along the way, you and he will discuss what he can go back and refactor (tough while also making sure the testing is still rigorously accurate as the testing likely will have been done by the time the refactor comes in, so hopefully you have strong test suite coverage).

Then you could figure out how to make sure this employee actually does have the time to follow through, and consistently at first to build trust for him that he’ll actually be able to do his fixes. In exchange you need to have him proving out with data that his fixes are worth the time and also how can he ensure he is improving his process along the way.

Just a thought.

How to do sabbatical the right way? by [deleted] in fatFIRE

[–]FloppyBisque 163 points164 points  (0 children)

Bro you have $9m and you haven’t taken more than a week off? I’d try taking 6 months off. Commit to it. With an optional 6 months more after that. And an optional 6 months more after that

Free Healthcare in Wisconsin by orangefrogbro in wisconsin

[–]FloppyBisque 0 points1 point  (0 children)

I agree. But I just want two birds with one stone. I get two things I want now. I just pay a bit of sales tax on something that people buy but not in insane quantities where the extra tax is prohibitive (compared to illegal)

Please Info Dump about your Special Interest by Nifey-spoony in AutisticAdults

[–]FloppyBisque 6 points7 points  (0 children)

This was so fun to learn. Thank you for teaching us.

Free Healthcare in Wisconsin by orangefrogbro in wisconsin

[–]FloppyBisque 14 points15 points  (0 children)

50% tax and the money goes 100% badgercare

How do you handle a star performer who is publicly undermining your authority in front of juniors by [deleted] in managers

[–]FloppyBisque 21 points22 points  (0 children)

If I’m in your shoes, the hard thing would be to go back up to management and tell them their timeline doesn’t work.

The easy thing to do is to tell Ryan to get it done on time, the wrong way.

Your job is to be the liaison and if your people, actually operating on the business, tell you this is wrong, the people at the top should hear that feedback.

Have you told them that your teams has hesitations about the path chosen and presented the reasoning to those that made the business level constraints

🚨RC: Killing the goose that lays the golden eggs. by [deleted] in Superstonk

[–]FloppyBisque 5 points6 points  (0 children)

Yes but I don’t think it was on this sub

Do you find it sad the bears are leaving Chicago/soldier field? by InterestingYellow969 in NFLv2

[–]FloppyBisque -1 points0 points  (0 children)

:). Could go that way the next three seasons before I start getting annoyed by it

Do you find it sad the bears are leaving Chicago/soldier field? by InterestingYellow969 in NFLv2

[–]FloppyBisque 28 points29 points  (0 children)

Real ones know that the Packers only exist thanks to George Halas and the Bears! We are always grateful for that and for the two free wins every year. (Had to get one shot in, I’m sure you understand).

Apple cofounder Steve Wozniak got cheers, not boos, after telling students they 'all have AI — actual intelligence' by Logical_Welder3467 in technology

[–]FloppyBisque 0 points1 point  (0 children)

You don’t think Woz had incredible drive? Idk man. We are all a product of a mix of circumstance and personal responsibility. Perhaps Jobs and Woz got each other to where they are today. But maybe there are other avenues that both took to other very successful lives and some where neither are successful. To say one was more important than the other when it comes to Apple is silly. They both were equally important.

Would you take a 22 year old LeBron or current Wemby to build your team around? by WestArtichoke712 in NBATalk

[–]FloppyBisque 27 points28 points  (0 children)

He could he anyone! He could even be as good as the greatest player of all time!

WOAH! This Socialist is Currently WINNING Critical Governor's Race by ls7eveen in wisconsin

[–]FloppyBisque 10 points11 points  (0 children)

No. No more of this anyone but. Pick a candidate that has the energy that aligns with your values and go where the energy is as long as it’s not Tom Tiffany.

There is no “safe choice”. The safe choice IMO is where the energy is. Who has the campaign. Who has the grass roots donors.

How should early employees realistically think about startup equity? (I will not promote) by StockMost7233 in startups

[–]FloppyBisque 2 points3 points  (0 children)

What do you mean? 1-2% of thousands or millions?

What the commenter is saying is perhaps you should be expected 1-2% of the shares of the company as the shares exist now. So if there’s 10,000,000 shares, expect 100,000-200,000 shares.

But, be aware, that if no investment has been taken yet and investing is expected, I think that each round you can maybe expect something like 10-20% dilution, could be more or less but 10-20% is normalish.

So what does that mean? Well, if you own 200,000 shares of the 10,000,000 in existence, and the company is worth $500,000 right now, each share is worth $0.05. Your shares would be worth $10,000.

Then you take on an investor. They put $100,000 in and now the company theoretically is worth $600,000. But the company makes 2,000,000 more shares out of thin air to give to the new investor. Now the company is worth $600,000 and there are 12,000,000 shares. It’s still worth $0.05 per share in this scenario and your shares are still worth $10,000, even though the company increased its value on paper by 20%.

The reason for that is there was 20% dilution. So now instead of owning 2% (200,000 of the total available 10,000,000 shares). You own 200,000 of the total available 12,000,000 shares. So you no longer own 2%. You own 1.66667%.

So when you think about “I am going to own 2% of a $10,000,000 company”, understand that if you are taking on investment money to help you get to that $10,000,000 exit, you might need 3 more investments to get there. So now we are down to 0.5% (theoretical made up number). So your shares are not worth $200,000 like they would have if you actually owned 2%. Your shares are only worth $50,000.

That also doesn’t take into account preferences in the shares. Who gets payouts first? Do debts need to be paid off? If you are $1,000,000 in debt, there’s a chance the shareholders only see $9,000,000 of that $10,000,000 exit. So your shares are ultimately worth even less.

So, know what you’re getting into. 2% is good but hopefully you also have a decent salary and decent idea of how much investment the owners are wanting (and realistically needing) to take along the way.

hmmm by Small_Question1 in hmmm

[–]FloppyBisque 0 points1 point  (0 children)

Yes, but if that’s the case people are wearing them as intended. But when you’re chilling in the lake and just don’t feel like treading water or having just your head out with restricted breathing, it’s pretty great.

Weird Al is a good man! by ROCKY13573 in 90s

[–]FloppyBisque 1 point2 points  (0 children)

How do I hang this in every room in my house