See link to a chart on returns by year/fund from the article: https://twitter.com/vcstarterkit/status/1173611439833006080
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dawhizkid commented on Andreessen Horowitz Returns Slip, According to Internal Data theinformation.com/articl... · Posted by u/dawhizkid
I just got an itemized bill today for a minor fall I took a couple months back..
On top of the nearly $6k in other charges from the hospital, they charged $531 for one dab of superglue or "liquid stitches" on my forehead for something that would have healed by itself.
One of my friends died two years ago from pneumonia. He didn't go to the hospital when symptoms first started because he was afraid of the bills that would come from it.
They don't ask you if you want to spend $500 for a dab of glue on your forehead, they just do it and you're essentially writing them a blank check in the process. I hate our medical system.
For whatever reason, the cost issue is completely missing from the dem primary debates on healthcare. Everything so far has been focused on health insurance coverage, and the candidates are really just debating what is the best way to cover more people.
A world where 100% of Americans are covered under the existing healthcare system is still a disaster because everything still costs so much between premiums, deductibles, copays and coinsurance. And on top of that, patient responsibility is still largely unknown until post treatment.
If you look at the cheapest Bronze plans on the Obamacare market, you're probably looking at $400/month for the premium with a $7500+ deducible for a single person. If someone is coerced into buying insurance and they can barely afford the premium, how is that something worth celebrating?
dawhizkid commented on MoviePass will shut down for good on Sept. 14 cnbc.com/2019/09/13/movie... · Posted by u/jameslk
The most interesting thing about this whole thing is how irrational the public market can be, especially at a time when there’s so much scrutiny on private valuations. I don’t remember the highest marketcap the company reached but it was skyrocketing at some point despite never really having pivoted on its business model.
dawhizkid commented on Harvard admits to receiving $9M from Jeffrey Epstein thehill.com/blogs/blog-br... · Posted by u/msghacq
This guy has his hands everywhere, it's insane.
The Harvard connection was more widely known than the MIT one until recently.
dawhizkid commented on WeWork considers IPO valuation of as low as $10B reuters.com/article/us-we... · Posted by u/aresant
Wow! How did they come up with this valuation? I assumed the bankers that were part of this deal would have based their valuation on something solid. But this is an 80% discount in a span of 6 weeks. Something is seriously not right with this company. It seems like its build on a house of cards.
I wouldn’t look too deep into it. Private valuations are mostly meaningless. This goes for everyone.