Penny AI | Django/ML/Data/Frontend/Product | Full Time | Squamish and Vancouver B.C.
Penny is a virtual sales assistant developed to help social sellers get ONE MORE SALE. We just closed our 27 million Series B and are looking for great people to come join our amazing team.
Neither is a great indicator for companies that are experiencing significant growth. ARM Holdings has nearly tripled revenue over the past decade. So you have to weight future growth, as well as potential future market opportunities.
ARM + nVidia can be a powerhouse combo, especially in the cloud/server market.
NVidia is already an ARM licensee. What does owning ARM holdings give them besides a massive amount of debt? They could license everything ARM owns for decades for less than this buyout would cost.
If I sell 100 lemonades per day and can't pay my rent, yet my neighbor sells 50 lemonades but manages the business in a way to pay his rent and a salary, how can my business possibly be more valuable? It's a silly example but I don't think it's far fetched. Similarly, Apple is worth far more than 20% of the phone market despite having a grasp on only 20% (give or take, I don't recall the exact number) market shares. There's a reason companies aren't valued based on revenue.
But its definitely not in any financial metrics. If you own walmart for a year, you'll make around 4 billion, while if you own Google, you'll make around 7. And Google is likely going to be growing faster than Walmart.
Wrote a script to sort tattoo artists coming to a convention by Instagram followers. Saved me wading through dozens of artists to find one that suits my style.
After having spent the last 3 years in insurance with Allay trying to take on employer health insurance costs by making it easier for smaller groups to become self insured, I have found that the regulations are cumbersome but not huge blockers. The regulations are there to protect people and for the most part do that job correctly.
The hard part about this industry is that there is no single incumbent to disrupt, but thousand of very small businesses who have personal relationships with their clients. Also whereever you jump into the process, you have to deal with companies who do not value technology as much as the HN crowd would. These companies still print out PDFs and have automated very little of their business. No matter how fast you make your software, you are the behest of the companies below and above you in the chain.
If anybody wants to nerd out on the insurance industry, my contact is in my profile.
> The hard part about this industry is that there is no single incumbent to disrupt, but thousand of very small businesses who have personal relationships with their clients. Also whereever you jump into the process, you have to deal with companies who do not value technology as much as the HN crowd would. These companies still print out PDFs and have automated very little of their business. No matter how fast you make your software, you are the behest of the companies below and above you in the chain.
Quoted for truth, as we used to say in forums long ago. This represents a non-trivial issue in delivering solutions.
We're currently fully focused on the US market. International expansion is definitely in the plans but not for this year. By far the biggest growth for instant coffee is in China.
I am sure you noticed Grahams's The Intelligent Investor on the list.
Warren Buffet often cites it as his favorite book on investing stating, "picking up that book was one of the luckiest moments of my life”. I recall he decided to read it at least 10 times before making another trade, but I can't find the source. Human nature doesn't change, so that book is still relevant.
Otherwise the "Warren Buffet Way" is a modern take on the same theories.
The very next sentence is "We need your help to continue to improve natural language understanding." Maybe a joke? Or maybe they wrote this on a cell phone?
I just had a conversation concerning building a tech community in the Yukon. The main question that came up was whether you need developers first or the infrastructure (i.e. incubators, capital.. etc) . I am in the boat that you need a few developers first to drive the community and the rest would follow.
Penny is a virtual sales assistant developed to help social sellers get ONE MORE SALE. We just closed our 27 million Series B and are looking for great people to come join our amazing team.
For more information check out https://getpenny.com/careers/