Posts Tagged ‘finance’

Book Review: Early Exits: Exit Strategies for Entrepreneurs and Angel Investors

“>As someone several years into a successful venture backed enterprise software startup, I find myself spending a lot of time looking at the green grass on the other side of the startup fence: angel funding and quick flips. People have mixed opinions on flipping, both the practicalities and the ethics of quickly flipping a company. [...]

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Analysis of May 6th: The Importance of Near Misses

Since writing about stock market crashes and normal accidents, I spent even more time talking about the events of May 6th. Good analysis is starting to come out. The best I have seen so far is Nanex’s Flash Crash Analysis. Their conclusion is that the crash was precipitated primarily by a queuing and timestamping bug [...]

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Normal Accidents and Stock Market Crashes

In the weeks since the precipitous and brief stock market crash on May 6th, I have found myself answering questions about it from people outside the capital markets and discussing it with insiders on many occasions. While I have some thoughts about what went on, I’m often unable to satisfy people’s desire to blame a [...]

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End of the World Insurance: the Financial Halting Problem

In computer science, the halting problem is very well known. The problem states that it is impossible to build a software program that can analyze other software programs to determine if they will eventually terminate, or halt. This is a useful problem to understand, because many software problems that look possible at first can be [...]

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A Computer Scientist Bids on a House

I was going to favor you all with a post about Java’s System.nanoTime. That post will have to wait until tomorrow. Instead, I spent the day (arguably the weekend since 3:15pm on Friday) putting in a bid on a house. I won’t bore you with the details of property, inspections, financing, etc. However, I think [...]

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Valuing Startup Options

Nearly everyone who goes to work for a startup gets options, and the first question they ask is “how much are these options really worth?” When you are considering a job offer, particularly competitive job offers, it’s important to understand the value of the whole package. Putting a value on an option grant in a [...]

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