This isn't a good outcome for Zoox, which raised its Series B at a $3.2B post-money valuation in July 2018. The company also raised ~$200M of debt in 2019 and nearly $1B in total funding. Meaning it's likely only investors will get paid out for this $1B exit.
HN user
samcampbell
Verifying my Blockstack ID is secured with the address 1E5CnJG8SA79CNQMfmy669L7F2HG6ckxRr https://explorer.blockstack.org/address/1E5CnJG8SA79CNQMfmy669L7F2HG6ckxRr
Disaggregated Revenue Data (Nine months ended September 30) Direct to Consumer: 2018- $239M; 2019- $259M [13% YoY growth]
Wholesale: 2018- $31M; 2019- $54M [75% YoY growth] "20.3% year-over-year net revenue growth for the nine months ended September 30, 2019"
"We have also expanded our gross margin from 42.8% in 2016 to 44.1% in 2018 and to 50.7% for the three months ended September 30, 2019"
"When I look out at the landscape of personal financial products, so many of them focus either on analyzing money or managing/moving it, but not both. Doing this in a holistic manner is difficult, especially with accounts across institutions. But it seems to me that it is the key to having an actually organized and manageable financial life."
While a surprising statistic, this number has actually improved in the last five years. "This is an improvement from half of adults in 2013 being ill-prepared for such an expense [$400]" - Report on the Economic Well-Being of U.S. Households in 2017 [0]
[0]https://www.federalreserve.gov/publications/files/2017-repor...
> Please note, customers who choose leasing over owning will not have the option to purchase their car at the end of the lease, because with full autonomy coming in the future via an over-the-air software update, we plan to use those vehicles in the Tesla ride-hailing network.
R&D was $208M in 2017 and $252M in 2018, which was about 45% and 33% of revenue, respectively.
"For the year ended December 31, 2018, we generated revenue of $755.9 million, as compared to $472.9 million for the same period in 2017, representing year-over-year growth of 60%. For the year ended December 31, 2018, we generated a net loss of $63.0 million and Adjusted EBITDA of $(39.0) million, as compared to a net loss of $130.0 million and Adjusted EBITDA of $(93.0) million, respectively, in the same period in 2017"
Good point- This is an affiliate link. I actually don't want the money from Amazon from the referral link, I signed up for Amazon Associates for the API access to their product catalog for a side project. Amazon requires a certain level of activity for this. So if someone happens to buy, you're supporting a side project.
I don't pay for cable, but there are similar economics in Internet routers/modems. Comcast used to charge me $10/month to lease their unit. After a few months of spotty WiFi (used cell data instead), I finally called. Service rep said that ~1/2 of the my specific router model were defective.
Finally purchased my own [1], which will pay for itself after a year. This is one of the easiest ways to save money.
On net, the minimum wage increase from $9.47 to as much as $13 per hour raised earnings by an average of $8-$12 per week. The entirety of these gains accrued to workers with above-median experience at baseline; less-experienced workers saw no significant change to weekly pay. Approximately one-quarter of the earnings gains can be attributed to experienced workers making up for lost hours in Seattle with work outside the city limits. We associate the minimum wage ordinance with an 8% reduction in job turnover rates as well as a significant reduction in the rate of new entries into the workforce.
One prominent study said 55 percent, its critics say 4 percent, and they both used the same data.
TL;DR - The first study (55% fished) divided the ocean in 160,000 squares (each 3,100 square kilometers) with 55% containing fishing activity in 2016.
The second study divided the ocean into much smaller squares (123 square kilometers)and found only 4% had fishing activity in 2016.
"On the other extreme, Android users with a Yahoo email address have an average default rate of 4.30%, significantly higher than the 2.69% default rate in the highest decile of FICO scores."
TL;DR - "This EIP aims to improve the usability of off-chain message signing for use on-chain. We are seeing growing adoption of off-chain message signing as it saves gas and reduces the number of transactions on the blockchain. Currently signed messages are an opaque hex string displayed to the user with little context about the items that make up the message."
Agreed. I'm sure someone is working on this and can be easily applied to HN (maybe https://www.agolo.com/)
Love it. IMHO comments are the best part of HN. I always read the top few comments before clicking the linked URL.
Thanks! Yes, referencing tools.
For us less technical user, what do y'all recommend for creating great landing pages?
Agreed! This seems like an instance where even if the car knew it needed to stop, it couldn't do so in time.
"The driver said it was like a flash, the person walked out in front of them," Moir said, referring to the back-up driver who was behind the wheel but not operating the vehicle. "His first alert to the collision was the sound of the collision."
Agreed! Also one of my favorite coins. I was blessed to receive some a few Wednesdays ago.
I created a Hacker News token. If anyone is interested, I'd be happy to send you some (for free!). Either request on Hexel or comment with your Ethereum address.
https://www.onhexel.com/token/9ef7aaf7-82b2-470f-a84d-e392e7...
My favorite coin so far is the TallCoin: "I will issue 1 coin to any person who is taller than me (I'm 6'7")".
https://www.onhexel.com/token/bb571299-e19a-4671-9036-7b3e73...
As a former Big 4 accountant in SF, I see Pilot addressing a huge need for startups with a fresh technology layer. I'm sure customers will be happy to get back to building their companies!
Amazon is great example of how the short-term focus of public company CEOs won't end well. Long-term thinking is best for building a valuable company.
Obviously the prices of the commodities would be reduced with an increase in supply, but these numbers are staggering.
Here's a relevant video in regards to farmers and their equipment that drove the impact of the ‘Right to Repair’ bill home for me.
You have to approve the $0.03 transaction on Meta Mask. It's not user friendly. You can also watch to see if the transaction is pending on etherscan.