I read all 277 pages of SpaceX's IPO filing so you don't have to.
Losses up 700%. Revenue decelerating. 107x price-to-sales multiple.
It's a trainwreck. Full breakdown below 👇
Congratulations to Fr. Greg Boyle, SJ, a wonderful Jesuit priest and founder of @HomeboyInd, who has just been named a recipient of the Presidential Medal of Freedom, the nation's highest civilian honor. Richly deserved for a lifetime of selfless service. AMDG. @FrGregBoyle https://t.co/lpLRWYAbPM
The publishing figures for 2022 were rather depressing. In a country of 332 million people, only 28 books out of ~300,000 titles sold more than 500,000 copies. Eight were by one author, Colleen Hoover, and no book of history or politics sold more than 295,000 copies.
Slack in the system looks like waste... Until it's needed to keep the system from collapsing. This is the problem with so much "cost optimization" today. With technology, you can analyze the shit out of your process and identify all the slack. When you first cut it, it's fine...
Whether it’s liberals interrupting Brett Kavanaugh‘s meal with a chant, or conservatives interrupting Paul Pelosi‘s evening with a hammer blow to the head, both sides have a problem respecting the privacy of public figures.