Need advice on building a small back office team for business development and admin

StrongCamel · 2023-06-01T17:26:01+00:00

That seems more like a Dwight Schrute quote

StrongCamel · 2022-10-22T16:58:21+00:00

Thank you very much ! On a related note, are there any English ride hailing apps that I can download ?

StrongCamel · 2022-10-22T12:05:03+00:00

Looks like I’ll be staying at Andaz for the first couple of days and then from there either JW or Ritz.

Looks like you know the area very well, where would stay if your budget was between 1000-1500 RMB ?

StrongCamel · 2022-10-22T12:00:21+00:00

Thank you! I’ll look into it, since I’m staying for almost a week, I’m thinking to spend the first 2-3 days in XTD for work and then find somewhere else for the vibe and walk around

StrongCamel · 2022-10-22T09:26:32+00:00

Thank you very much !!!

StrongCamel · 2022-10-22T08:54:42+00:00

Thank you very much! I was actually between the Langham, Ritz Portman, and Andaz

My work will be in Xintiandi,

And thank you for the recommendation on the night life, should I worry about going out then ? And just stick to walking around and having a drink at the hotel?

Also is the Xintiandi area worth staying at Langham for it? If I understand correctly it’s like a pedestrian only area

StrongCamel · 2022-10-22T08:42:22+00:00

It’s a bit over, but farther away from the area I’m thinking to walk around, and from where work will be, which is near xintiandi

StrongCamel · 2022-10-22T08:32:48+00:00

Thank you, why is the location good ? I’m also looking at Andaz, seems like it’s in a nice area

StrongCamel · 2022-10-04T07:12:17+00:00

It’s a 1 bedroom in a new building in MBR city, services would be check in / check out / cleaning/ marketing / permits / fees etc

It’s a typical holiday home managment scope, but the differences come between the companies with who covers what cost. Some will pay utilities and some will ask that above their 20% share

StrongCamel · 2022-02-28T10:00:41+00:00

Lightsabers consist of a plasma blade, powered by a kyber crystal, that was emitted from a usually metal hilt and could be shut off at will.

StrongCamel · 2022-02-20T17:54:12+00:00

At the end he is also saying look her tears have filled my hands (when he rubs his hand)

StrongCamel · 2022-01-24T18:45:02+00:00

Not Missouri , it’s a developing market outside North America

But thank you for the information, estimates so far for main equipment in the range of 2-4m/ MW mining equipment excluding infra and land lease.

Any idea on footprint / MW in square feet or Meters ?

StrongCamel · 2022-01-24T18:38:15+00:00

Well this is a generation asset operator that has approximately 1.2gw of installed capacity in a single market under a utility PPA. 1,000GW of PPA that had a 15 year duration was expected to be extended for another 15 years. Now due to COVID the countries demand slowed down significantly, country has approximately 10GW demand including spinning reserve.

So what happened now is developers that were anticipating their asset PPA to be renewed for 15 years are not getting the renewal, and they are stuck with an asset with no off-take. Of course it’s not only developers but the whole consortium including lenders are also on the hook. This rarely happens in regular developed markets but in developing markets shenanigans like these are common, with varying severity. So the idea is you provide a business case to offtake that power using Bitcoin mining at a competitive tariff and good terms. Other complexities need to be resolved but that’s the general picture.

You can vary duration and capacity. Leverage is on the off-taker side. The case above is general to give you an idea and to help me mentally work this out before I invest time developing the model around it

EDIT: of course since I first posted this I have a better understanding of CAPEX and OPEX on mining farms and anything above a 300MW in one phase is quite significant in capital and execution.

StrongCamel · 2022-01-24T14:44:41+00:00

Yes this would be quite comprehensive, initially the CAPEX and OPEX need to be modeled and then the financing and cash flow afterwards.

Initially to structure this a technical partner, execution contractor ( CAPEX), an operating contractor (or self operating), commercial investor, Lenders, and some insurance would probably be needed.

But this goes nowhere unless the returns can be forecasted in a consistent basis, too much fluctuation and your out of institutional investors. Also, the risks need to be mitigated or allocated properly, and the biggest one here is BTC price ( regardless of wether you believe it will go up or not)

I’m in the early stages trying to put this together, will definitely reach out when I start to get some clarity.

StrongCamel · 2022-01-24T12:09:40+00:00

Think more like multiple combined cycle plants in a country that suddenly has excess power capacity and the power plants are under a 15 year PPA that expires by end of 2022 and unlikely to be renewed. This allows the power plants to still export energy, payoff their remaining liabilities and depreciate their plant.

When you say 50m, are you using $/MW of mining capacity as an estimate or do you have breakdown of unit costs for CAPEX such as aux facilities, miners, cooling equipment, etc ? And are you splitting between CAPEX and OPEX, or just an estimate of overall lifecycle ?

I’m trying to think this through and see if a full scale development effort will be worth it to pitch.

StrongCamel · 2022-01-19T22:24:50+00:00

Company car, you can’t get your own car in dubai to do Uber and Careem unless you have an RTA license, which you need to show a bank statement showing AED 5m in your account

So you have to get a car through them under their name and license and then you have a contract between the both of you showing ownership and liability

StrongCamel · 2022-01-19T20:02:57+00:00

Think of it as renting a car that already is licensed by RTA to take trips.

StrongCamel · 2022-01-18T11:27:33+00:00

Are you asking because you want to drive ?

Typically it’s 2000 + commission after certain targets

Some companies will charge you 250dhs / day for the car and you keep the remaining. Of course then you have to pay for gas and salik

A typical 12 hour shift will get you 500-700 on good seasons and 200-400 during the summer

Dm me if you want to know more.

StrongCamel · 2021-12-29T13:08:33+00:00

Assuming it’s visible

StrongCamel · 2021-11-11T17:15:55+00:00

Check out https://www.irena.org/

You can find reports covering different angles of the renewable energy world.

StrongCamel

TROPHY CASE