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Cost of revenue is mostly insurance costs [1].

If you look at their financials, they show gross bookings, which include both the full billed values for food and delivery, and transportation of people. Revenues only show their share of that total.

In regards to incentives, it looks like a complicated question, I found an interesting outline[2]

[1] https://seekingalpha.com/article/4293755-insurance-primary-b... [2] https://news.bloombergtax.com/financial-accounting/rideshari...

Or plant it, if it's a decent size, it can yield over 1lbs of potatoes in 3 months. In my area it's low maintenance. If you have limited space, I've had 5 lbs worth in a 15 gallon bag, it has about the same footprint as an office chair.

They use sprout inhibitors on large scale potato growing, which are effective in my area (we can keep most potatoes for over a month before there are any sprouts). If you tend to buy from farmers markets, there is a greater chance of them not using inhibitors.

Depending on where you live, they can be in transit for a long period, or you may be in an area that has natural pressures for sprouting.

Short note on sprout inhibitors: https://www2.gnb.ca/content/gnb/en/departments/10/agricultur....

There are already many effective processes that have been developed, schools however don't want to implement them for varying reasons (blind marking for example).

An example from Daniel Kahneman's Noise (I'm paraphrasing) - When university faculty was told of their bias in marking from hunger/mood/normal daily human sways, why didn't the first person marking it write the grade on the back so the second couldn't see it until the end: They responded that they used to do it that way, but it caused arguments.

Small construction tools (drills, portable table saws, angle grinders) is largely done at big box stores, however smaller stores sell a fair amount, plus specialty product, but the bread and butter small tools are big box stores. Quality is the same, and prices are generally lower.

Shop equipment used to be done by trade show, not sure how it works these days.

We deal with a similar problem in construction materials, and it's not that simple. Situation:

1)Customer picks up product, other falls on the ground and becomes damaged, product -x Equation: a-b-x where you don't know how much product is damaged 2)Product arrives in a bad batch, x number is affected, and requires manual adjustment, this doesn't happen, or happens incorrectly Equation: a-b-x where you don't know how much product is damaged 3)Customer picks up X amount, however x-y was registered as a sale Equation: a-b-y where you don't know how much product is unaccounted for 4)Delivery is expected on x day, however due to traffic/sickness/equipment failure delivery is delayed Equation: a-0, stock isn't available as it didn't arrive, however the assumption was that product arrived (trivial to fix this one, but I'm laying out scenarios).

You now have four scenarios that are guaranteed to happen around %10 of the time. Issues can be expanded to the manufacturer/border/trade agreements/ thousands of other potential scenarios that disrupt sourcing.

In terms of taking stock, it's not a trivial task to take accurate inventory on a regular basis. It's a manual problem that can only be done in a reliable fashion in most cases through estimation (therefore inaccurate).

The reason why they provide availability ratings is that it provides a clearer picture of what a customer can purchase, and in the event it has a low rating, prompt for potential replacements. It's not binary, it's a case of 'probably' or 'probably not'.

I've seen stock that should have lasted a week disappear in a day, stock mis-allocated(multiple times for the same item from multiple vendors in the same day), large volumes sold incorrectly resulting in stock adjustments, wastage from random occurrences, etc.

I hope this provides a level of insight into the complexities of

This is anecdotal, so take it with a grain: I worked for a credit card processor about a decade ago, and it was routine to have the merchant run a penny transaction on the terminal, and refund it post testing to make sure it works.

They're fairly large processing over $40b in annual transaction volumes, and there wasn't any stress about not doing it again post testing (the only stress was the customer wanting a refund for the transaction costs).

If it is a merchant bank, or network requirement, it's either explicitly for card not present transactions, or not well followed. The important factor was handling of the credit card information (PCI DSS compliance).

Airbnb S-1 6 years ago

I understood what was meant. Companies don't just start marketing once they have multi billion dollar profitability.

If you're consumer focused, you spend on marketing, if you're business focused, you spend on sales. There are few examples to the contrary (Google, Atlassia, for example).

AirBnB early on was sniping Craigslist vacation listings[1], and now they have the resources, and scale to market directly. If AirBnB isn't doing it right, what constitutes the 'right' time to spend on marketing?

I'm curious as to how some folks would respond to this, and why.

[1] https://growthhackers.com/growth-studies/airbnb

I can't speak about California specifically, but in Canada, if it can be reasonably be proven that the illness was obtained at the workplace, the employer is required to pay for the sick leave by the local health benefits service (State/Provincial/Federal level), which in this case would be two weeks.

The employer can fight the filing, but in the situation of COVID-19, it's reasonably easy to prove it was a workplace based infection (multiple people will get sick).

Side note, when you get payments from the local health benefits service, there's a %90 chance it's being paid by the employer to the health benefits service, which then transfers it to the employee

That's what I'm curious about. With that margin I'd guess CPG with a re-branded product. Most retailers are lucky to see anything north of 50% gross margin. I would have imagined a drop shipper having closer to 20%.

There have been tests for antibodies, yes, in NYC. Where is the information for Germany? Italy? California? Two week follow-ups on those test?

Hypothetically speaking, these folk have antibodies, that doesn't mean they're in the clear.

Keep in mind there there are thousands, if not millions of strains of this virus. It is not a static entity, its RNA base means that it can mutate itself to non-existence, or to a more lethal form as it replicates(RNA lacks error correction[1]). That means that even if they have antibodies to a weaker form of the virus, they can still be re-infected by a deadly strain, and be hospitalized, taking up resources for people who are injured, or sick through a normal day.

You have tailing commentary as if I'm disagreeing with your sentiments about lockdown (as of present). I was all for the initial lockdown as the infections needed to be managed (as they were initially miss-managed). Many places are getting a handle on it, and should be able to start opening up over the next couple of months (with social distancing, and random + targeted testing).

[1] https://www.ncbi.nlm.nih.gov/pubmed/9343347 As a note, this is why pandemic need to be stamped out immediately. The more people that get infected, the higher chance it has to replicate highly contagious varieties, which can then replicate to more deadly versions along the pathway(if I understand it correctly).

I did. We're two days away from matching the top end estimates for 2019 flu deaths[1]

And that's with an estimated ~1/30th of the infections.

Based off the most liberal estimates of deaths directly related to the financial crisis, we're many multiples higher (est: 10,000+)[2] and a couple of day from being par with both direct, and indirect deaths related to stress and financial strife (assuming all the cancer patience died, which they did not) [3].

We're moving towards what you're suggesting, now that most countries have a serious testing infrastructure in place. Randomized testing, plus regular testing of the medial professionals tied with social distancing is what our near future hold. Most things open up to a limited extent, and we'll move from there. [1] https://www.hopkinsmedicine.org/health/conditions-and-diseas... [2] https://www.bbc.com/news/health-27796628 [3] https://www.hsph.harvard.edu/news/press-releases/economic-do...

From my understanding, the prices are set by the store, which can be corroborated by the DoorDash/Uber Eats models. It's impossible for Instacart to handle the prices for all these stores, so they unload that responsibility to the individual stores. The store probably forgets to drop the price, or will mark up volatile prices so they won't have to do weekly updates. I can bet you that you can also find some items that are under priced.

I'm going to try and translate the simplest concept that tempsy is saying.

The sellers were looking to sell for most of last week, however there fewer buyers as the contract approached its end, and those who were willing to buy wanted a lower price:

Volume of transactions on Friday was 344k, Thursday was 111m, Wednesday was 147m. In the past 30 days, the low was 686k (ex Friday), and the high was 459m. Traders slowed their buying so the market became one sided.

In Toronto, Ontario, we've been in a state of emergency since the 16th, so far we're only being requested to go out only when needed, and to not interact in close quarters unless you live with the person. People still go for walks, and such, but the penetration of infected people was still fairly low ( we're at under 600 people hospitalized). It's a softer approach, but it's still challenging even for introverted folk. The spread has stabilized, so maybe a lighter approach is okay once the urgency has set in.

Incidentally, if you go to a restaurant, and you waited a long time for your meal (that is longer than their required service time) most restaurants will comp your bill, or at least give you free bottle/desert for the inconvenience. For reference, I've worked in half a dozen restaurants over as many years, and they all did this.

Or you can build your own pc from open market components, or maybe build your own components by designing your own pcb and sourcing the chips, and write your own drivers, or... etc.

Some people don't want to roll their own. You may, or may not agree with the concept of a fully managed solution, but for any non technical user, they want it to (borrow a phrase) "just work".

It's the majority of the addressable market.

MY favorite is how they rejected a payment on the outstanding taxes.

Most municipalities in Canada are required to accept payment up to, and including the moment the auction begins. If the payment comes in, the property is off the block (in most auctions, the list of properties being auctioned end up being a fraction of the list that was printed the morning of).

Slumlord or not, the municipalities are clearly being malicious in their handling of the appropriations.