Then minority’s shareholders will sue because their share value declined and the board’s legal obligation is to pursue shareholder value, not do what the majority owners of company want them to do.
I’m torn on that, but minority’s shareholders have a legitimate expectation their rights should be protected.
I agree that it's not quite as simple as what he was suggesting but it's also not just majority rule, even if the majority want to screw over the rest of the shareholders. That's old established case law, at least in the US. See Dodge v. Ford Motor Co.
They can largely do whatever they want, so long as there is some rational argument that it's for the benefit of the company. If 51% of shareholders in some fossil fuel giant publicly stated that their only goals were to drive the company out of business and screw over the other 49% of shareholders, that wouldn't fly. However it's totally fine for them to push a radical new investment strategy of "buy high, sell low" and drive the business into the ground that way.
I can definitely see that happening. I wonder if that would reduce the amount of unprofitable/unsustainable but heavily VC-invested companies. The big players we all think of (Uber, WeWork, etc) aren't looking to get acquired anymore, but would investors have been more cautious to invest in these companies if they knew the only exit plan was IPO'ing?
> it would be atypical for a suburb to have significant independent restaurants within 5mi of any given point
Some cities, like Dallas, seem to have a higher percentage of chain restaurants than the average suburb. Other cities, like Seattle, have a ton of restaurants that seem independent but are actually part of a portfolio of restaurants owned by one person, private equity, or a corporation experimenting.
I expect uber eats will scale very well in the suburbs if they can get multiple orders in the same car efficiently. Restaurants are experimenting with food that travels better.
I don't know. The proposition to a non-chain restaurant in the suburbs, of which there are very few to begin with, reminds me more of a Groupon situation where the restaurants come out on the short end. In this case, it's not because they have to discount, it's because it's their reputation that takes the hit for Uber taking too long to deliver. Plus, a lot of local restaurants' margin comes not from the markup on the food, but the markup on the drinks. Many already offer carryout anyway.
> In this case, it's not because they have to discount, it's because it's their reputation that takes the hit for Uber taking too long to deliver.
I haven’t used UberEats but at least with GrubHub/Eat34, this was a big problem and they would routinely lie about it, hoping most people won’t call the restaurant to learn that “the kitchen is busy” meant “your food has been waiting for a driver for 45 minutes”.
Food delivery makes more sense the more people do it. Imagine a situation where an entire street of houses orders delivery at the same time. One driver could make a few stops to pick up food and deliver it all at once. Far more efficient than each family driving to a restaurant separately. I wonder how one could structure incentives to encourage that sort of thing.
> "It's immoral to eat them because they can have thoughts and an internal experience, just like us," and "But they taste good" is not a counterargument.
There is an implied "We are on top of the food chain" along with "they taste good".
There is some legitimacy to the idea that we should eat whatever we please because we are the apex predator. Ultimately market forces should align the price to equal the cost of framing / hunting. Additionally we have huge ethical problems in how humans treat each other we should work on before even worrying about an invertebrate's problems.
I don't actually hold those worldviews, but they are implied with the sentence "but they taste good"
> Additionally we have huge ethical problems in how humans treat each other we should work on before even worrying about an invertebrate's problems.
The deep patterns of thinking underlying the mistreatment of humans and the mistreatment of other animals are the same to a large extent. It just needs contemplation to get to that.
> There is some legitimacy to the idea that we should eat whatever we please because we are the apex predator.
Many men are strong enough to forcibly overpower many women and therefore there is some legitimacy to the idea that they should rape whoever they please.
Almost nobody tracks their time to better understand how they are spending it. I've talked to several people that have started, but even the most detailed oriented find it to not be worth the hassle.
If you really want this data, I think it's best to correlate data crumbs you leave after the fact and tally up your time at the end of the week. GPS data, computer activity logs, phone screen time, etc.
Another good enough answer is to track the time that is most important to you. Billable hours, exercise time, etc.
I track all my time for the week in 15 minute intervals on a piece of paper, spending ~15 minutes planning my week on Sunday evening or Monday morning. Funny enough I started by doing what you suggest: only tracking the time that is most important. I would suggest the same for anyone thinking of trying this out.
I've been tracking all my productive hours since November 2018. I can highly recommend it. I also know some others that do the same. nateliason.com comes to mind.
It's not as insightful as I expected, but certainly brings about enough benefits to continue doing it.
I recommend everybody do it at least for a while, and go back to it when productivity suffers. It's remarkable how well it can keep you focused- not screwing off when you know you're going to have to write it down if you do.
I have done it before, there are tools that you can install that will capture the title of your active window and then graph it.
I can see if I spend 2 hours in Terminal or 1 hour in Vscode or 5 hours in Firefox. I can even see the title of sites I spent most time in the browser, etc.
That's the best approach I have found. One example I can think of is https://wakatime.com/ I personally use a python script I found a long time ago that does the same while keeping all my data locally. But it has less integrations and is not as nice.
> Almost nobody tracks their time to better understand how they are spending it.
It's not something a person needs to do forever (unless they want to), but doing it for a week or 2 can be very informative. It's a lot tracking what someone eats for a week to really understand where all the hidden calories are coming from. People are terrible at looking back any length of time and remembering the details of something.
This sounds like it's about accountability of your time, not understanding where your time goes. People already know they aren't doing what they want to be doing, so they have reminders to keep them accountable to themselves.
