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Elephanthead posted:Oh sweet summer child, the actual business model doesn't matter anymore, the whole plan is to get through to IPO and exercise your stock options. But they’ve already done that?
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Nov 24, 2018 12:36
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Subjunctive posted:But they’ve already done that? Right, but before you can dump you need to pump.
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Nov 24, 2018 12:50
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BigDave posted:Right, but before you can dump you need to pump. You think they’re illegally manipulating their stock price?
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Nov 24, 2018 12:56
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Non Serviam posted:As someone who isn't in the US, I find it fascinating how many meal services are advertised in these podcasts. Is it because in the US there are a lot of "food deserts" so that this might be the only "healthy" option for people who live far from supermarkets, or is take out really popular in the middle class to the point that blue apron would be cheaper? It is cheaper but these services are definitely marketed to and priced for upscale consumers who enjoy convenient home cooking with organic ingredients etc. Food deserts are largely a phenomenon of urban poverty.
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Nov 24, 2018 13:25
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Non Serviam posted:As someone who isn't in the US, I find it fascinating how many meal services are advertised in these podcasts. Is it because in the US there are a lot of "food deserts" so that this might be the only "healthy" option for people who live far from supermarkets, or is take out really popular in the middle class to the point that blue apron woulrd be cheaper? I don't know why anyone acted like there wasn't a straightforward answer to this question. They're popular because a lot of people are busy and would like a nice home-cooked meal without spending their limited time figuring out a fun and interesting menu, traveling to a grocery store and collecting ingredients. The money isn't an issue for the Blue Apron audience, it's saving time and labor, and making it easy to feel like a good chef, which is fun. If you only look at it from the perspective that everyone should always want to do the cheapest thing, it won't make sense. (I have never personally used any of these services myself, not because I'm GWM but because I'm not into cooking. But I get it.)
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Nov 24, 2018 13:27
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GoGoGadgetChris posted:How many of you have a Christmas Bonus / Year End Bonus as a substantial (let's call it more than 10% of your total compensation each year) part of your income? I've never seen a Christmas bonus, but one year AT&T decided to change it's payroll from an on-time system to a paid in arrears format and picked December as the month to do it. They sent out emails assuring everyone they would get paid the exact same as before and no one would lose any money, but failed to explain that they'd receive only one check in December. The money you lost in December you would of course get back...someday (2 weeks after you retired, were fired, or changed jobs). I bitched about it to co-workers and none of them even realized what was happening because the email had been deliberately vague. So that's my reverse Christmas bonus story.
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Nov 24, 2018 13:55
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I remember a few years back, the job I was in double-paid everyone just before Christmas. A memo went around once everyone had checked their payslips and scratched their heads, that awkwardly explained no it wasn't a holiday bonus, and that the surplus would be taken out of January's pay. Not a good scenario, but I was so, so sick of hearing 'if you spend it they can't take it back  ' only for it to then become 'UNFAIR DEDUCTION OF WAGES  ' in the new year.
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Nov 24, 2018 14:31
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so I could say that I finally figured out what this god damned cube is doing. Get well Lowtax.
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My wife has decided to leave and I need advicequote:This is a throwaway since I know some people on reddit and its an embarrassing situation. $60k+ cc debt on ~$100k salary 
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Nov 24, 2018 14:37
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That's going to be tricky if they fight over assets. I think she's entitled to half of whatever IRA assets he's amassed since they were married and the credit card debt may be split evenly between them. So imagine a scenario where he empties his 401k account and the judge says she's still entitled to her half, and oh - by the way here's half of the remaining credit card debt. Then again it doesn't sound like either of them have much money for lawyers and he's probably going to go bankrupt before the divorce is even final. There are some nasty potential land mines though.
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Nov 24, 2018 14:57
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New mortgage deal offers a massive six times income https://www.theguardian.com/money/2018/nov/24/mortgage-deal-income-darlington-clydesdale quote:The Darlington says all applicants must be qualified and members of an industry body, and the maximum loan is 90% of the property’s value. lol 10% down 6x income mortgages in the UK.
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Nov 24, 2018 15:00
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For my job we get a commission check on the last Friday of the month. One thing that most of my coworkers seem to have a habit of is they cashed their tax withholdings to 0 when they get a good commission check. Which, if it’s one month is whatever, but some def do it anywhere 4-8 months, and end up accidentally owing the IRS when tax season comes due.
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Nov 24, 2018 15:23
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Non Serviam posted:As someone who isn't in the US, I find it fascinating how many meal services are advertised in these podcasts. Is it because in the US there are a lot of "food deserts" so that this might be the only "healthy" option for people who live far from supermarkets, or is take out really popular in the middle class to the point that blue apron would be cheaper? Those services are for lazy bougie people, not people stuck without better, more affordable options
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Nov 24, 2018 17:58
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Both podcasts and meal boxes are aimed at an audience that wants nothing more than a prepackaged lifestyle that requires minimal personal effort
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Nov 24, 2018 18:14
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It's the same model as those monthly box of new clothes like Stitch Fix or Trunk Club. Rebrand the customer's laziness as "very busy modern person" and give them some cheap crap with a piece of paper describing how great the contents are, and how they were picked with You, Customer, in mind. It doesn't outright harm the customer, but man it's BWM and keeps you from developing some skills like... How to meal plan, or buy clothes.
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Nov 24, 2018 18:27
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It's real fun getting stuff in the mail. I legit get excited with Amazon sends me a massive box full of toilet paper. Now expand that to food or random boxes of crap.
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Nov 24, 2018 18:29
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If money weren't an object I'd definitely do those boxes and stuff, considering you just send stuff back you don't like. I like the idea of having random things that I might like and need show up. Same reason I don't curate playlists and prefer stations on Pandora/Spotify/etc. Just pick the general idea of what I'm looking for and let the internet decide the rest. But, I'm very frugal (cheap) so all of these services are full-stop BWM for me.
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Nov 24, 2018 19:02
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On a friend’s advice I tried Trunk Club and it was OK. I have a hard time finding non-custom clothes that fit well (size 14 feet, 36 inseam, long arms relative to shoulder width), so having the “stylist” dig through brands I’d never heard of for things that actually worked geometrically was worth the price premium. I didn’t buy very much stuff from them, but being able to buy the occasional thing without a shopping ordeal was nice.
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Nov 24, 2018 19:26
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Van living with ramen is the only pure lifestyle
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Nov 24, 2018 19:28
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Those box services always just felt like "giving up on learning a regular and manageable life skill on your own" to me.
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Nov 24, 2018 19:29
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I want to purchase happiness but have no hobbies interests needs or wants, please help
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Nov 24, 2018 19:36
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We found a service (SOS Cuisine) that, for $10 a month, goes through the local grocery store flyers and send you a weekly meal plans with recipe and a grocery list. We’re going to do that once we’re done with the free / deeply discounted meal boxes. gently caress paying $12 a meal for something I have to cook myself. The local version is also super high calorie, like 700 Cals a portion.
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Nov 24, 2018 19:42
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Subjunctive posted:On a friend’s advice I tried Trunk Club and it was OK. I have a hard time finding non-custom clothes that fit well (size 14 feet, 36 inseam, long arms relative to shoulder width), so having the “stylist” dig through brands I’d never heard of for things that actually worked geometrically was worth the price premium. I didn’t buy very much stuff from them, but being able to buy the occasional thing without a shopping ordeal was nice. Wait. What? They account for your body type? 6’2” with long torso/arms right here can’t buy a sweater that fits to save his life. Oh no. I’m about to be BWM.
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Nov 24, 2018 19:46
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CheesyDog posted:I want to purchase happiness but have no hobbies interests needs or wants, please help Don’t doxx me please
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Nov 24, 2018 19:49
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CheesyDog posted:I want to purchase happiness but have no hobbies interests needs or wants, please help My friend have you tried cocaine?
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Nov 24, 2018 20:19
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AndrewP posted:lmao Friend with small business had an idea from Chapo to only work enough to pay his costs with no profit, until his wife (who works much harder at a stressful job) got upset and reminded him they have a baby and would like a house someday.
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Nov 24, 2018 20:31
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Hoodwinker posted:Those box services always just felt like "giving up on learning a regular and manageable life skill on your own" to me. I think there’s another factor of “I loving hate shopping” as well when you talk about the clothes in a box thing. Have you been in a mall in the last 20 years? It’s loving terrible. At least for my wife, she has liked Stitch Fix to add some variety to her wardrobe. Mostly she has a particular style of things she likes wearing but she uses Stitch Fix to push the comfort-level/boundary of what she’d normally wear. If she likes the style of whatever they sent, she’ll keep it in mind next time she needs clothes. Fortunately, wife much prefers spending money on paying down mortgage than paying for clothes. Content: my sister-in-law is super good at buying Blue Apron boxes and letting them rot in her fridge. I’ve tried to explain to her that a meal box for two is not a good choice with a woman that keeps no regular hours and lives alone.
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Nov 24, 2018 20:41
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Dick Nipples posted:I think there’s another factor of “I loving hate shopping” as well when you talk about the clothes in a box thing. Have you been in a mall in the last 20 years? It’s loving terrible.
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Nov 24, 2018 20:43
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Blinkman987 posted:Wait. What? They account for your body type? 6’2” with long torso/arms right here can’t buy a sweater that fits to save his life. Sorry.
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Nov 24, 2018 20:44
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Hoodwinker posted:Those box services always just felt like "giving up on learning a regular and manageable life skill on your own" to me. For real, the way some posters tout "convenience" or whatever in this particular corner of the forums is midly irritating. Cooking is easy, it is baseline being a competent adult in every culture ever, as far back as human history goes (more or less). It's not about being cheap either, most of us in this thread can afford poo poo like that and to eat out 3x a day no prob but...cooking is effortless and doesn't require 1/5th of the time that fat internet nerds claim it takes. These are just a gimmicky service for people who are dumb, lazy, or both. We have tons of services like in the US, not just food related! Turns out they sell pretty well. E: I just got off the phone with my brother, a 30 year old state auditor and dad of 2 grade school children, raking in 60k/yr, who eats mcdonands and little ceasers daily because it's "cheap." Today I taught him about crock pots/slow cookers, an appliance our mother used daily. Like, what's the excuse there? He is a criminal justice major who will rant about black lives matters if you lend him so much as an ear though, so maybe he just sucks KingSlime fucked around with this message at 20:54 on Nov 24, 2018 |
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Nov 24, 2018 20:45
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Subjunctive posted:You think they’re illegally manipulating their stock price? If theyaren't, then they aren't trying hard enough. The whole point of modern venture capitalism is to generate enthusiasm for an idea until precisely the point that the initial investors cash out.
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Nov 24, 2018 20:53
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Hoodwinker posted:I get it from the same perspective as that other poster mentioned about using Spotify playlists to find music. I feel like people using these services for that reason is not their primary market though. Agreed. I think it’s how they sell it though - at least based on some fliers I see come to the house: “Mix up your dinner plan! Try something exotic!” Which to be fair, that marketing is attractive to me. We cook a lot but I’m def no pro at a lot of cuisine. That said - LOL if you think you’re getting out ahead of the “poor schmucks” going to the grocery store because you saved time and “time is money”. Do the food delivery services hit a middle ground then (E.g. Amazon Fresh)? I’ve never priced them and have no idea how expensive they are.
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Nov 24, 2018 21:10
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Dick Nipples posted:Agreed. I did Amazon Fresh a few years ago when it was only in a few cities. It was very expensive up front for joining, and you never got the benefit of getting marked down protein like $1.99/lb chicken or ground turkey. That was what I missed the most when I tried it. The value seemed very poor to me but I live in the suburbs and own a car.
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Nov 24, 2018 21:17
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those partially prepared meal delivery companies all have horrific customer retention numbers so the only way they can show growth is by aggressively capturing new customers. podcasts are a relatively cheap way to do so
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Nov 24, 2018 23:17
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I feel personally attacked by this page.
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Nov 24, 2018 23:45
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the talent deficit posted:those partially prepared meal delivery companies all have horrific customer retention numbers so the only way they can show growth is by aggressively capturing new customers. podcasts are a relatively cheap way to do so https://www.linkedin.com/pulse/detailed-look-blue-aprons-challenging-unit-economics-daniel-mccarthy 72% quit by 6 months after subscription $147 to acquire one customer the most important fact about vc is that nearly every bet completely fails
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Nov 24, 2018 23:54
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I do grocery delivery with Peapod, but that’s because I’ve become recently disabled. It’s BWM but at least it’s not pre-packaged meal kits, I still cook for myself.
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Nov 24, 2018 23:57
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My one experience with Blue Apron was a box which was given to me by a friend who was going on vacation and forgot to stop his delivery. My wife and I are pretty decent home cooks and we both found the recipes very difficult. They are definitely more in line with "I'm setting aside a decent amount of time and making a special meal on a Sunday afternoon" than this is something we can do on a M-F. Plus everything had tons of ginger.
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Nov 25, 2018 00:42
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I use the Martha Stewart branded one because we got a big introductory discount. I've saved the best dozen recipes and make them other nights pretty frequently now.
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Nov 25, 2018 00:53
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Sock The Great posted:My one experience with Blue Apron was a box which was given to me by a friend who was going on vacation and forgot to stop his delivery. We do Blue Apron on occasion, it's a great way to try new flavors and techniques and not saddle yourself with a huge bottle of spices you'll never use. I only remember getting one meal that had ginger, and yeah they gave you a ton. Hopefully you didn't put it all in at once
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Nov 25, 2018 01:18
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bob dobbs is dead posted:the most important fact about vc is that nearly every bet completely fails That’s why it’s fun!
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Nov 25, 2018 01:39
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