Over long time scales (and big company revenue streams), this is sort of a wash. I think this hurts startups a bit more due to the long timescales involved which eats up much needed cash in the short term.
To me, the cost estimates seem a bit off and conflate capital with running costs.
The main benefit for space at the moment seems to be sidestepping terrestrial regulations.
Might as well say the people who read your books aren’t allowed to teach the concepts or theories. Completely asinine argument. If you don’t want the knowledge to proliferate, then don’t publish. They’re not copying and redistributing.
Meanwhile, jurisdictions outside of us copyright protection will leapfrog us because we can’t get out of our own way.
I strongly suspect that wall street has looked at 401k's/index funds as a giant money filled piñata. It is a huge pile of money following a well understood algorithm which makes it vulnerable to attack.
I suspect that this is the absolute core of "dark pool" strategy. Any trade that happens behind closed doors that "doesn't impact prices" means that an index fund is buying or selling at a price other than the "real" price meaning that dark pools are functionally a wealth transfer from grandma to an institutional trader.
While I'm not a fan of the "dark pools", if your "grandma" is a buy and hold anyway, the price of the asset should be ballpark correct most of the time since presumably the people doing the trades in the dark room are rational? I suspect that this setup is more useful if you need short term stability in the price to set up a complex deal.
Paying for a service and not getting what you expect, especially when it comes to your taxes is no joke.
Instead of having to start from scratch, our team at Kick is moved quickly to build these resources to help prior Bench customers:
1. Free Bench migration
2. Free 2024 Bookkeeping review calls
3. Free Daily Live Q&As (coming soon)
We’re moving fast and sharing additional resources and updates in real time here:
Other resources on the way include a Tax Extension Guide and Accountant Directory to make sure folks get a soft landing is this difficult time.
If you're running into issues, my email me at conrad@kick.co and I’ll do the best I can to route you to the right place.
Also, it seems a bit odd to me that the "balance sheet" ability is two non-free pricing levels deep into your service. Isn't that a baseline expectation?
Free electron lasers have lots of (theoretical) advantages: no tin debris, better wavelength control, the ability to get even shorter wavelengths, higher power, higher efficiency, and it’s less Rube Goldberg-ish. Also the barrier to entry for basic research is pretty low: I visited a little FEL in a small lab that looked like it had been built for an entirely reasonable price and did not require any clean rooms.
So far it seems like Japan is working on this, but I have the impression that no one is trying all that hard.
https://iopscience.iop.org/article/10.35848/1347-4065/acc18c