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stagger87 commented on Philz Coffee close to closing deal to sell to private equity firm for $145M   missionlocal.org/2025/07/... · Posted by u/danso
CommieBobDole · a month ago
The article implies that it's not a liquidation or bankruptcy, though, just a sale.

I don't know how you can buy a company without buying its stock from the shareholders, given that they are the owners of the company, but there must be some special circumstance that's not mentioned in the article.

stagger87 · a month ago
I agree with you and don't know enough to speak authoritatively. That being said, I did find this definition of liquidation (below). The article hints the business was in trouble, the way I'm reading it, if the sale doesn't cover all obligations, its would be a liquidation.

"Business liquidation involves selling off a company’s assets, such as equipment, inventory, and real estate, and using the proceeds to pay off debts and obligations. This process usually occurs when a business is no longer profitable, facing insurmountable financial challenges, or the owner decides to retire or pursue other opportunities."

stagger87 commented on Philz Coffee close to closing deal to sell to private equity firm for $145M   missionlocal.org/2025/07/... · Posted by u/danso
deepsun · a month ago
> “All Common Stock will be canceled for no consideration and all Options will be canceled and extinguished for no consideration”

How is this even legal?

stagger87 · a month ago
"In a liquidation, common stockholders receive whatever assets remain after creditors, bondholders, and preferred stockholders are paid."

Coupled with what sounds like an already bad financial state of the company... I'm not claiming no foul play, but it looks like there is a reasonable avenue for what is happening.

stagger87 commented on Rising graduate joblessness is mainly affecting men   edwardconard.com/macro-ro... · Posted by u/andrewstetsenko
Animats · a month ago
Yet there's a major shortage of Real Men for skilled engineering jobs.[1] The kind of jobs that require a hard hat. Not enough people are going to college and then taking jobs like that.

Read through the titles on Edward Conard's page. Too many college grads, too few going into tough industries, and too many young people collecting disability.

[1] https://www.edwardconard.com/macro-roundup/aging-populations...

stagger87 · a month ago
> "young people collecting disability."

Can you elaborate?

stagger87 commented on Inside the box: Everything I did with an Arduino starter kit   lopespm.com/hardware/2025... · Posted by u/lopespm
alabhyajindal · 2 months ago
Is getting a kit like this the recommended way to learn electronics? I don't know anything about it! I would like to get to the point where I can light up a LED bulb programmatically and understand how it's happening.
stagger87 · 2 months ago
There is no one way to learn electronics. The Arduino will hold your hand through lighting up an LED, but depending on how much depth you want, may not teach you how it's happening. Working with an Arduino is like bowling with bumpers, which is a good place to start.
stagger87 commented on Every 5x5 Nonogram   pixelogic.app/every-5x5-n... · Posted by u/eieio
curtisf · 3 months ago
What do you mean by "purely with logic, no guessing"?

"Guess and backtrack" is a totally valid form of deduction for pen-and-paper puzzles, it's just not very satisfying. But often (always?) there is a satisfying deduction technique that could have replaced the guess-and-check, it may just be fairly obtuse.

Or do you just mean where the clues for the raster don't result in a unique solution?

stagger87 · 3 months ago
Not OP, but you don't ever have to guess and backtrack, you can always work out the next move. After playing about 100 boards several simple "rules" emerge which allow for this.
stagger87 commented on 'I found your dad': The mystery of a missing climber   espn.com/olympics/story/_... · Posted by u/gmays
blackguardx · 4 months ago
I think this is a disagreement about the definition of "mountain climbing." From the available statistics: 0.68 per 10,000 climbers in the Alps vs 1.5 per 10,000 US vehicles on the road.

High altitude mountaineering is considered an elite endeavor. Most mountaineering is not at high altitude.

stagger87 · 4 months ago
That's fair. If you use any of the numbers closer to the activity described in the article (mountaineering at 22k') then you see the disparity. Even non elite mountaineering (mt ranier at 14k') has twice the mortality rate, according to this data.
stagger87 commented on 'I found your dad': The mystery of a missing climber   espn.com/olympics/story/_... · Posted by u/gmays
crazygringo · 4 months ago
Do you have a citation for that?

In my personal experience, that does not seem true. I have a number of friends who have been seriously injured climbing, e.g. from large rocks falling from above, presumably loosened by water freezing and expanding over the winter.

I don't know anyone who's gotten into an accident on their trip to or from climbing. Car accidents are already pretty rare overall, and driving to/from climbing is a teensy fraction of your overall driving.

Mountains are inherently dangerous, unpredictable places in ways that roads usually aren't.

stagger87 · 4 months ago
Even a cursory glance of mortality rates for driving vs mountaineering show orders of magnitude higher rates for mountaineering.

https://pmc.ncbi.nlm.nih.gov/articles/PMC6843304/

https://en.wikipedia.org/wiki/Motor_vehicle_fatality_rate_in...

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stagger87 commented on Perplexity Deep Research   perplexity.ai/hub/blog/in... · Posted by u/vinni2
esafak · 7 months ago
You are a bit behind. All the "deep research" tools, and paid AI search tools in general, combine LLMs with search. When I do research on you.com it routinely searches a 100 sites. Even Google searches get Gemini'd now. I had to chuckle because your very link provides a demonstration.
stagger87 · 7 months ago
> You are a bit behind.

Quite the opposite. I'm familiar enough with these systems to know that asking the question "List the college majors of all Fortune 100 CEOs" is not going to get you a correct answer, Gemini and you.com included. I am happy to be proven wrong. :)

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u/stagger87

KarmaCake day1430March 23, 2014View Original