Thomas Layton

@thethomaslayton

Katılım Kasım 2014

251 Takip Edilen271 Takipçiler

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Hadi Partovi@hadip·27 Ara

I’ve always been proud to be an Iranian American immigrant. But to follow Stanford’s new language standards, I would need to call myself an “Iranian US-citizen person-who-immigrated.” This seems awfully wrong. (Thread)

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Thomas Layton@thethomaslayton·11 Kas

@buccocapital Rich is amazing but it is very difficult to turn a high-margin, capital-efficient media company into a low-margin, capital-needy (if software-aided) real estate + construction company.

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Thomas Layton@thethomaslayton·7 Oca

@bgurley I love this phrase "immature on revenue." Another way of saying this is that this wave of SPACs is not IPO 2.0, but Series C 2.0

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Bill Gurley@bgurley·7 Oca

Here is my best guess Kyle. SPACs seem to be quite successful with high cap ex high tech companies that are immature on revenue (as you note). Once your competitor heads down this path, you either mimic or risk irrelevancy. Game on the field.

Kyle Vogt@kvogt

1/ Interesting thing happening in the LIDAR industry right now. 5+ companies will soon or have SPAC'd. Their value is based on *projected* revenue that comes from *entirely overlapping* potential customers, with very little discount applied to future projections. Is this bad?

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Thomas Layton@thethomaslayton·18 Kas

Not good

David Crane@DavidGCrane

Speaks for itself . . .

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Thomas Layton@thethomaslayton·1 Kas

Seems very sensible. Would love to read a high-quality criticism of this idea.

David Sacks@DavidSacks

New blog post: Here is my proposal on how to fix Section 230. "Mend it, Don't End It." First Amendment case law suggests a promising path to peace for Twitter and Facebook. @jack and Zuck should embrace it. link.medium.com/Aq9SVVqH2ab

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Thomas Layton@thethomaslayton·19 Eki

@DavidSacks A better solution would be to require both (1) accrual accounting (believe it or not, state budgeting is done on a cash basis so future pension benefits "cost" nothing until they are paid) and (2) a reasonable assumption for future pension fund returns.

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David Sacks@DavidSacks·18 Eki

The ballot initiative we actually need in California: “The annual growth in spending on public employees shall not exceed the rate of growth in the state’s GDP plus inflation.” forbes.com/sites/adamandr…

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