Anonymous asked: <p>when you take a webcam shot, the picture flips.</p>
but when you look at it, it’s photographically/setting-cally (haha) correct.
it’s the same even if you take a pic with a camera :)
There is something frequently missed in thinking about the value of common shares in startups. These shares are actually options!
The Theory
A common share in a startup has the same payout structure as a call option. There is a range of outcomes in terms of total enterprise value at exit…All of this.
1.5”, fully embroidered, Velcro-backed. Attach to your jacket, your backpack, or the lid of your over-clocked, battle-scarred laptop. Start a nerd sash!
omg so cute!
(Source: fuckyouslurpmywettness, via teeandcrumpets)