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Im_Mr_Manager

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We were in acquisition talks which had gone as far as agreeing to a price. We wanted a small break fee that would help cover legal costs if the deal fell through. It was a strong no from them and they wouldn't budge. So in our case yes. With that being said I too would like to know if it is uncommon.

When booking flights (and probably hotels) use incognito mode. I was booking a flight direct with united.com the other day - found the flight at ~$400 and was entering information. Got sidetracked and the booking session timed out so I started again. New price for the exact same thing: ~$700. Incognito mode (or just clearing cookies as I've heard of this happening but never saw it myself) and it was back to the old price.

So just watch out when booking direct as well.

You are probably right. That's a shame as I'm now moving to Canada instead but good to know for a year or two down the line.

E2 only requires 50k to 100k?

I looked into it a couple of years ago and was told by a lawyer "substantial" means around 500k.

Do the fees that PayPal charge really cross the line from a possible business idea to non-viable one for you?

There may be some sectors which you could say you can't compete in on a global stage from Australia because of payment processing fees but it really wouldn't be many. What is the big deal about setting up a US company to handle it? Why not charge US customers in USD?

There are so many options that to dismiss running a business from Australia because of the extra few % really may be a problem in your business plan and product instead of payment processing options/cost.

If I were to start a file sharing service (or a file hosting service, which I don't believe MU was) it would be my number one priority to have systems in place to stop the sharing of copyrighted material. You know why? Because that is clearly my number 1 risk. The simple fact is MU built their business on it.

You're exactly right about the popular opinion seeming to be that sharing copyrighted content is ok.

Am I in the tiny minority here who thinks that what Megaupload was doing was illegal and should be prosecuted? Ok I get it, the US is trying to apply their laws onto the world and that is a big issue but this seems like the wrong case to get outraged over. Megaupload was built for the purpose of hosting/sharing copyrighted files. You know it and I know it.

The exercise habit 14 years ago

I take those 5-hr energy drinks before going for a run and they seem to help. Same type of thing.