Jesse Powell

@jespow ↗

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Last Checked Dec. 10, 2022

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Wed Oct 12 02:44:07 +0000 2022

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Jesse Powell @jespow

Any time I hear a company raised at an obscene valuation I'm like "show me the terms" because there's going to be something else horrible to balance it out. If you see a $0-1m house sell for $3m, it came with $2-3m of furniture. Shares of the house trade at $0-1m, not $3m. — PolitiTweet.org

Posted Oct. 12, 2022

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Jesse Powell @jespow

Unfortunately, there are a lot of tricks to be aware of. You also need to understand how likely/bigly you are to be diluted. What are the classes of stock and their features? Ratchets, warrants, liquidation prefs, other wonky stuff? VCs could see a 3x return while staff gets 0. — PolitiTweet.org

Posted Oct. 12, 2022

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Jesse Powell @jespow

#1 reason merchants should immediately accept #bitcoin is to start clearing xmas whale orders they'd normally reject because of chargeback risk. No, I'm not going to manually recreate my $30,000 cart of 200 items so you can see if the card goes through the second time. I'm out. https://t.co/DehcrmgAay — PolitiTweet.org

Posted Oct. 20, 2022