I do kind of want to buy one of those mugs for a friend of mine who has only recently shut up about MoviePass. Do you think they’ll be on clearance soon?

Uber’s financials aren’t fully public, but there’s no reason to think they aren’t making a gross profit, at least. The losses are much more like to be things like marketing, litigation (that’s a huge one), expansion costs, and so forth.

They forgot that people kept paying for gym memberships because they had signed a contract that required them to. Even today “contract free” memberships usually have a steep sign up fee, which triggers a sunk cost fallacy in a lot of people.

Ah ha, indeed.

More like $500.10

Employers don’t actually do any tinkering, they use standardized withholding tables provided by the IRS. Any significant underwitholding is the employee’s responsibility since they furnish the information that is popped into the table. 

We all knew it. No one needed to be told.

Oh, interesting. Sounds like it was a pump-and-dump from the beginning. I wonder if they actually bought their own BS when the subscription numbers took off, or if they always new it was going to drop.

Netflix’s costs are largely indirect (they don’t directly increase as uses/purchases increase) and more under their control.

They just write it off, Jerry. 

That’s not going to make one bit of difference if they’re out of cash.

“volume might have in fact paid the bills”

And yet I don’t think they’re optional if people are going to actually consume the product.

Of course Spencer would love Polk. Polk loved owning enslaved workers and supported expanding slavery into his newly acquired states. He staffed his White House with them instead of paying servants through his salary (as was expected). He continued purchasing enslaved workers during his presidency in secret.

And why the fuck would they even care? (Besides racism.) It’s not like they were going to have to cover an unpaid bill, or probably even know who does and doesn’t pay their bills.

the world’s largest elevator and escalator manufacturer

By picking which parents you’re born too very carefully, obviously!

Don’t you think a film would necessitate compressing the story too much? There’s a lot to tell here - the documentary was 2 hours and could have easily been longer.

I hope they filed wage complaints. They wouldn’t even have to sue, McFarland was so blatant about breaking the law that the Department of Labor in whatever state these workers were in would have rubber stamped a claim. No attorney’s fees, no time wasted, and they would have been first in line before any other…

Now, is he making $40K a month scamming people, or some other way?: