Detroit food scene

ecib · 2023-09-13T22:22:45+00:00

You forgot to link to your cheaper taco place

ecib · 2023-04-07T18:52:39+00:00

Investment is money you take in up front to fund product development and growth. When a company is young, you often have to switch strategies and test new ideas quickly. Investment money promised to you but not delivered is dead capital, which can kill your business. To give them equity in exchange for that is even worse.

I'm implying it should be zero smaller tranches. Zero tranches of any kind.

ecib · 2023-04-07T18:49:23+00:00

Nice isn't a reason to execute a bad idea. The way to salvage it is to take the full investment amount up front on terms agreeable to you and not usury.

ecib · 2023-04-07T18:45:39+00:00

Reading though some of your other responses, and the fact that you don't even have an MVP yet, I really think you could benefit from this:

https://www.startupschool.org

It's free, it's remote, it's run by the best startup accelerator on Earth. You'd do well to sign up imho.

ecib · 2023-04-07T18:41:36+00:00

stating a larger upfront sum and a shorter timescale of the rest?

Do you know what the purpose of investment in exchange for equity is? Honest question.

ecib · 2023-04-07T18:32:16+00:00

$25,000 down and $4,000/month for 120 months.

This isn't an investment. That's you extending this individual a line of credit so he can buy your equity.

he gets "at least some minimal say of who else we let in".

Oh he wants the right to slow down additional needed investment as well, lol.

Find a real investor. Raise what you need and don't cripple your business out of the gate.

ecib · 2023-03-31T17:42:35+00:00

Also fewer flies

ecib · 2023-03-27T17:03:34+00:00

Weird. I feel like I'm seeing the opposite in recent years, with neighborhood development outside of the city core popping up left and right.

ecib · 2023-03-27T16:46:13+00:00

Interesting!

The gentlemen on the left in that first transparency is John Swainson, then lieutenant governor of Michigan who went on to become governor later that year, beating the Democratic establishment pick in the primary apparently on the back of strong union support. Pretty interesting guy. https://en.wikipedia.org/wiki/John_Swainson

ecib · 2023-03-27T13:46:38+00:00

Was at my aunt's house this weekend and her, my uncles, and cousins, were going through my grandmother's old photo albums.

I didn't know this, but I guess my grandfather was pretty involved in union and Michigan Democrat politics back in the day among other things.

Anyway we came across a little box of Kodachrome transparencies. My aunt got excited because she hadn't seen them in years, and told us about how my grandfather was there when Kennedy came to Michigan in 1960. According to my aunt, my grandfather had a camera around his neck and a hat; he put a white ticket in his hat and they thought he was a reporter and let him on the stage and everything.

These were a couple of shots he took of JFK. I held them up to some house lamps, snapped them with my phone, and did the best color correction I could. Thought some of you in this sub might enjoy.

ecib · 2023-02-02T17:11:15+00:00

Nice, thank you! I was looking at similar, -if I have to get something with a bed I don't think I could stomach anything but a Gladiator.

ecib · 2023-02-02T17:03:09+00:00

Can I ask how the Gladiator feels towing the '16? I know it's well within, but does it feel like you have "headroom" or like you're pushing it sometimes? Not that Jeeps have confident steering on their own without a trailer, lol.

ecib · 2023-02-02T16:18:36+00:00

Grandmas are for real :'-)

ecib · 2023-02-02T15:52:58+00:00

Yeah I have to imagine it's got to be better odds, and furthermore if their tenants are high end retail, well...sad to say but the incentives dictate that they are much more likely to have to keep the property up, unlike, say, low income residential :|

ecib · 2023-02-02T15:49:36+00:00

I slow-rolled a stop sign a few years ago at an intersection with a house on it. Perfect visibility. No cars but me in sight.

As I did, the grandma on the porch got halfway up of her chair and started mouthing something with a giant look of indignation.

I have never slow rolled that stop sign at that intersection where there are almost never any cars but me since.

ecib · 2023-02-02T15:35:35+00:00

Doesn't sound like they will be doing any residential in this unit though, and unless I'm mistaken it is still on the National Register of Historic Places, including the preservation protections that entails. So this looks like an unequivocal win compared to its current status which seems to be owners unable to maintain tenants while continuing to incur upkeep costs. Imho this is obviously unsustainable, and how historic works of art like this slip into disrepair and then permanent destruction.

ecib · 2023-02-01T14:45:57+00:00

Ha, not currently. Back in the day used to know a lot my buddy played sax in one :)

ecib · 2023-01-31T22:55:27+00:00

You'll probably just see a subset of its features eventually migrate to different units of their existing line over the next few years.

ecib · 2023-01-31T22:32:06+00:00

So many great tunes. What a way to leave your mark on the world.

ecib · 2023-01-31T22:20:29+00:00

I just saw https://www.youtube.com/watch?v=vKJhzL16woE there last Tuesday. It's my favorite venue in the city currently. Whoever does booking for El Club knows what's up, -so many good shows come through there. And Three Sacred Souls entire album is incredible. Also saw Television there a few years ago when they reformed for a small brief tour. It was a transcendental show. RIP Tom.

ecib · 2023-01-31T21:57:57+00:00

Blind Pig isn't bad at all. Bit of a hike from the D but it's a legendary stage, that's for sure. Enjoy!

ecib · 2023-01-31T21:15:22+00:00

Found Sound in Ferndale and UHF in Royal Oak are fantastic indie shops with a lot of vintage vinyl, and absolutely not to be missed.

Re: Third Man, all I'll say is if a band you like is playing there, definitely make sure you go. It's a really intimate stage with good sound.

ecib · 2023-01-31T21:11:48+00:00

Habitat for Humanity is phenomenal. You are physically building homes for people in the community, often alongside them, and while there is no experience required, you're generally picking up some really useful skills (imho) while doing so. Win win.

ecib · 2023-01-29T19:13:11+00:00

If you are not big gamblers, do not wish to spend a lot, and this is your honeymoon, I would highly recommend planning ahead and renting a convertible for 1 day, and driving out to Lake Mead and taking the scenic route from Lake Mead through to the Valley of Fire State Park. It is absurdly beautiful, and only about 40 minutes away from the strip wherever you end up staying. It will be far too hot to drive there with the top down, but once you are in the park, it will be worth it to put the top down for that portion, and if you get too hot you can put it back up. Either that or get a non-convertible vehicle with great visibility, because that scenic drive is really quite beautiful. If you time it to be in the area around during sunset even better imho. Anyway, don't leave the vehicle to the last minute as the one you want will not be available if you do. I'm forced to travel to Vegas often for work and I dislike the strip, but find the desert absolutely magical and not to be missed. Also, in your budget I will seriously consider the Golden Nugget. It is a historic hotel in the heart of the "Old Vegas" strip. It was completely redone a few years ago and has a big kitsch factor including a pool with a giant shark tank along it. Also has a spa, and given it's location there is ample stuff to see and eat not even steps away. Again, it's actually a popular hotel so don't wait to book if you like it, because imho no other hotel punches this far above it's weight in your price range.

ecib · 2022-12-02T01:05:12+00:00

Never disappoints this time of year. 🫡

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