Netflix brought movies to your house, and a Seattle-based startup named TRED would like to bring cars you’re interested in buying to your house for you to test-drive, to see how it fits in your garage, etc. This is fine! But is it really necessary? It seems to solve a non-problem, which is having to go to a dealership to test out a car and see if you like it, but I suppose if you don’t have a ride to get to a dealership in the first place, this could be your answer.
Well, as their former copywriter I could tell you in about 1000 different ways and at varying lengths and tone of voice, but that would be insane and probably unethical. Nevertheless, Kickstarter hit a big milestone this week: a billion dollars have been pledged to projects. From there, it isn't hard to figure out how much revenue they've made, and Quartz is on it:
Part One of a three-part series wherein I, an English Major, explain incentive stock options and how they work for employees at startups.
Do you know what "venture capital" is? I do now, but once I did not, and I met a venture capitalist at a party, and she was like, "What do you do?" and I was like, "I work at a start up" (about which more here) and she was like, "Oh, great! I'm in VC!" and I had to nod and laugh and pretend I knew what she was talking about because I am scared to look stupid, lest someone force me to take the SATs again.*
Today everyone (okay, a certain kind of 30ish white guy) is losing their minds for a new startup thing called Coin, which offers a solution to a problem you may not know you had: too many credit cards to carry around at once! Coin is a genuinely kind of cool bluetooth credit card that holds all the date for your other cards inside of it (or connects to the app on your phone that holds all of your data), so you just decide which card you want to use for each transaction, push a tiny button on the card, then swipe.
Job interviews are becoming more like first dates.
Last week we talked about what it means to be offered stock options in your company, and the difference between what you'll pay for them and what they might be "worth" (in both the market sense and the tax implication sense). But the thing is, you don’t get all of the stock at once. That’s another reason why they're called incentive stock options.
Molly Mills is a name I've made up for a 24-year-old college grad living with her parents and interning in Boston. We had a conversation about her money.
David Hauser, a founder of several startups, talked to other startup founders about what they wished they knew before working at their first startup.