vania-janet/multiturn-rag-retrieval-data huggingface dataset:
"I was told by the lawyers there was no tax consequence because the two   numbers were the same. That is correct. However, a tax professional tells me that since the start-up stock was   ""realized"" there invokes a taxable event now. That is correct. I'm now led to believe I owe cap-gains tax on the entire 4 year vest   this year That is incorrect. You owe capital gains tax on the sale of your startup stock. Which is accidentally the exact same amount you ""paid"" for the new unvested stocks. There's no taxable event with regards to the new stocks because the amount you paid for them was the amount you got for the old stocks. But you did sell the old stocks, and that is a taxable event."
Ah, yah, even if you worked in the US if it was your own time and you aren't charging the org you work for you would probably be good.  And no, it's not unethical as long as you aren't using your position for profit.  IDK the laws of your region, obviously, but in most cases in the US I think you'd be fine.   edit: I missed where you said you hired a lawyer. That definitely would have been my advice. If you're cleared by a lawyer, you're definitely good and should enjoy the fruits of your labor worry-free!
"What would you suggest if I already told them that I would start Monday? (Yeah my fuck up).  Im thinking: ""hey boss, im having a really hard time finding a safe place to live with my current salary. I'd really feel more comfortable with [x] amount.""  I just really wish I thought this through before telling them that."
Hah, good luck getting those kind of terms. There's always another fresh-faced new grad with dollar signs in his eyes who doesn't know enough to ask about outstanding shares, dilution, or preferences. Very few startups are looking for penny-ante 'investor' employees who can only put &lt;$100k. That's what co-founders are for. Actual employees are lucky if they can properly value their options, let alone control how much it ends up being worth in the end.
I think in these types of situations where your knowledge is limited concerning the workings of the firms, the only thing you can do is explain why you want to be a quant. Discuss your love of math, the challenges/thrill of figuring out markets, the future of trading, etc. Quant firms are full of really smart people looking for intellectual challenges, and the money is just the cherry on top. While I don't work in finance, just reading about firms like Renaissance staffed with ex-IBMers and professors, it seems reasonable to assume the above.
Hey Congrats on the Interview. I have been to the Manhattan office  for their charity day. It is a very legitimate firm and you should really go for the job. My advice to you is to know your stuff and be prepared. I'm not sure exactly what the position entails but read over the job description and make sure you sell yourself. I tried to get an internship there when i went for the charity day. I went with one of the famous people that they invite every year and i spoke with the manager and met the CEO but when it came time to email them they just brushed me off and said that the position was full. The CEO is very well known and respectable up on Wall Street. I believe it would be a great opportunity however, it would probably be pretty cutthroat.
Revenue went up, great... why? Did you open another store? Did you open another sales office? Did the revenue increase this quarter based on substantially the same operation that existed last quarter or have you increased the capacity of your operation? If you increased the capacity of your operation what was the cost of the increase and did revenue increase as expected? Can you expect revenue to continue to grow at this rate or was it a one time windfall from an unusual order? Sure, there are spectacular gains to be had in penny stocks. XYZ Pharma Research (or whatever) goes from $0.05 to $0.60 and you've turned your $1,000 in to $12,000. This is a really unlikely event... Buying penny stocks is akin to buying lottery tickets. Unless you are a high ranking employee at the company capable of making decisions, or one of the investors buying the preferred shares mentioned in point 3, or are one of the insiders of a pump and dump scam on the stock, penny common stocks are not a place to invest. One could argue that even a company insider should probably avoid buying common stock. Just to illustrate the points above, you mention: Doing some really heavy research into this stock has made me question the whole penny stock market. Based on your research what is the enterprise value of the company? What were the gross proceeds of the last financing round, how many shares were issued and were there any warrants attached? What do you perceive to be heavy research? What background do you have in finance/accounting to give weight to your ability to perform such research? Crawl. Walk. Then run. Don't kid yourself in to thinking that since you have some level of education you understand the contracts involved in enterprise finance.
"I'm a senior majoring in accounting and management information systems. Here is a question I answered a while back about financial statements and employee retention. In the answer that I provided at the bottom it was to assess a company's ability to pay by use of ratios. Likewise, similar accounting methods need to be understood and implemented when assessing stocks(which is where I believe Mr. Buffet was going with this). As we can see the severity of the questions decreases, but if you can not answer question 3 then you should study accounting principles.   So how much is enough just to get started? You will never have enough knowledge to start, period. You will have to continuously be learning, so start sooner than later.  However you need neither economics or accounting knowledge if you were to learn technical analysis, many doubt the workings of this technique, but in my experience it is easier to learn and practise. A comment on @Veronica's post.  Understanding economics and accounting are fundamental. Analysis, seeing trends, and copying are instinctual human traits that helped us evolve (we are very good at pattern recognition). Taking an intro economic and accounting course at a local community college is an excellent place to start when breaking the mold of pattern-thinking. You have to be critical in understanding what elements move a company's A/R in the statement of cash flows. Read. Literally, don't stop reading. Latest edition of of Kesio's accounting principles? Read it. Cover to cover. Tax policies on Section 874, 222, 534? Read it.  Take a class, read a book, ask questions! Good Luck, ""Welcome to [the] Science [of Business], you're gonna like it here"" - Phil Plait"
"Hey Maison, Thanks for the reply. At this point we're not receiving any statements...I've tried multiple times to ask for papers but it always gets pushed aside and eventually forgotten about (I have a full-time day job as well). Does it make sense that the manager is collecting his full salary + extras, but we as the owners (at least my portion) are not getting anything? I think the manager is the one handling everything - including taxes, payroll, etc. I'm going to be putting in somebody that I trust, with more business acumen, to go and have a first hand look. Is there anything overly important you would suggest that needs to be focused on heavily and can easily shed some light on this issue? Like you said, this single point of failure may be what's killing me, and it makes no sense that the bar wouldn't be making any money since every time I've gone it always seems packed. The manager just kind of talks down to me when I try and ask him about the situation since he's the ""Expert"" and I'm relatively without experience, and always has a reason such as renovations, fixing of the roof, etc. all expenses that come out of the total earnings.."
"Yes, so much for audit. We are audited yearly by one of big-4 and me being in IT Management was asked by the Auditors prove that ""the system will not allow to enter an order for a customer that does not exist."" ?!?!?!  As for finance, I was once asked to setup credit card processing of a new type of orders. Done and tested! I then asked them to tell me when they start accepting the new orders, because I need to setup a job to send the charges to the bank. They did not inform me and accepted orders for $100,000s. Suddenly, after a year they discovered that we do not get paid by the bank.   You would think that one of the basic jobs of accounting it to make sure Total Sales = Total Payments.   We had write off $100,000s because I can only charge customers for orders in the last 30 days, before their credit card authorizations expires."
Is their risk taking creating jobs though?  When i bought Apple stok a few years ao, what entrepreneurial spirit did I promote or encourage?  Why not give extra tax breaks for the sale of stock purchased during a public offering (since that goes to helping the company) but not for secondhand (less necessary) trading.  Should we give big tax breaks to people who lend businesses money?
"Yesterday I was reading in the travel StackExchange about an Indian guy who was about to hand his passport over to his Employer in Africa. His problem was that he had taken an unauthorized trip back to India against orders, but still - he was about to hand over his passport to his foreign employer. And he had nothing on his mind other than how to please his employer to keep his job.   This is the reality for a lot of people. They either don't have leverage, or don't know what leverage they do have. I'm a programmer, and I know because I've been told - reading, engaging in the community, and gaining real experience.    Remember that other people can be younger, less skilled, more naive, more easily intimidated, and it doesn't make them stupid or worse people.   Why would anyone let their employer stick a chip in their body? Because they don't know any better. Because the employer is an authority, or they want the job, or the are scared of the consequences if they don't.   Posting that it's a bad idea is a good step to helping people. They can google ""Should I let my Employer Stick A Microchip Into My Body?"" and find this. Call out Three Square Market, and their stupid idea."
I wrote a bplan.  Went balls to the wall making it detailed.  Put it in a drawer and never looked at it again.    My recommendation is to not go into every detail.  I think the idea is to get a skeleton and then fill out a paragraph for each.  It makes you think about the aspects of starting a business that you may not have thought about.  Other than that, go get the book, Lean Startup by Eric Ries and read that to about 66% through... that ought to be enough for you to get going.  As you're business gets started and you mature fast enough, then read the remaining 33%.
By the by, I'm 27. I've been living on my own since I was 15. I've worked at startup-style companies with a rich founder and no investment (Limewire), worked for funded startups companies as a consultant (ex: Ning), personally know the founders and/or very early stage employees of many famous startups (Gowalla, Twitter, GitHub, Shopify, etc), and I've also consulted for companies like Bear Stearns, Pepsico, Ford…  But you could already tell all that from my picture, I'm sure.
"You are not serious! You are asking strangers ""how should I go about it?"" and ""what can I use?""  If you are serious, study and research how you start a business. Also, try to design ONE cigarette lighter, make a small quantity and try to sell it.  Then, you can check if want to start that business and how to start it."
I would suggest to start small and grow it up. By starting small I mean. Start online with something like a website. It is amazing what you can do if you simply just put an hour a day aside to do this. Do some research, listen to audiobooks on your commute or when you're eating breakfast in the morning, and get your family involved that will definitely help a lot. If you haven't read this book I would highly suggest it: The $100 Startup by Chris Guillebeau 100startup.com/ , and The 4 Hour Workweek by Timothy Ferriss https://fourhourworkweek.com/ . I was not sponsored by these books I just think they will genuinely help you.
The fastest way to start is to go the opposite way of how startups usually work.  Instead of inventing a market, find something that is getting commoditized online, and see if you can fit in that established market via either a price cut or a unique feature.  If done properly, you could start earning in less than 10-20 days.
Venture Capital as others have said is one way. Another way is to become very involved in your start-up community. Go to the events, meet people...etc. Generally you will find that most of the individuals do not have a finance background and may want help from you.   This is one of the ways I stay involved in startups.
Be proud of yourself. You are far ahead of your peers when it comes to entrepreneurship. Im not really in the realm of programming, but i do have a book you should highly read to help.  How to win friends and influence others by dale carnegie. One of warren buffets favorite books.
Probably the biggest dream of most entrepreneurs in the modern times is to manage their own company. The starting point is a small business ownership; however, the path can be of different forms and include starting one from scratch, buying an existing one or opting for a franchise. For more details visit us online or call us on 96620 31877.
If you are an entrepreneur, and you are looking forward to strike on your own ( the very definition of entrepreneur) then I suggest that you don't invest in anything except your business and yourself. You will need all the money you have when you launch your business. There will be times when your revenue won't be able to cover your living costs, and that's when you need your cash. At that point of time, do you really want to have your cash tie up in stock market/property? Some more, instead of diverting your attention to learn how the stock market/property works, focus on your business. You will find that the reward is much, much greater. The annual stock market return is 7% to 15%. But the return from entrepreneurship can be many times higher than that. So make sure you go for the bigger prize, not the smaller gains.  It's only when your business no longer requires your capital then you can try to find other means of investment.
Research local business grants for your area. I opened my own business after my first year of university and was able to attain a government grant for young business entrepreneurs and some other small grants. The government grant also provided free workshops with other entrepreneurs on properly running a business, how to develop a business plan, tax considerations, etc.   Highly recommend a similar program even if you end up just doing an e-commerce website. I recommend making a brief business plan ahead of time though so you have something to show when you go for these grants.
Starting up a company is fun, stressful, and exciting. It's also often a lot harder than you expect. Income, revenue, and cash flow are big concerns, and you need to be able to eat while you're hunting down your first paying customers. Don't pay off all the debt if that will leave you without any money for living expenses. Perhaps a compromise is in order? Pay off the high-interest loans first, and continue to make payments on the lower-interest loans while you start up. It doesn't have to be all or nothing.
A good idea is try use your weekends to develop your business/plans at first. Most business startups don't boom overnight, it takes time to build.  Dont quit your job, that is revenue you can build your business with.  The most important thing is to have a sound business plan, not too ambitious, not too realistic.
"I did this 20 years ago. I wanted desperately to quit my job, but my wife wouldn't let me -- not because she thought it would fail, but just because she thought it would take longer than I thought. It took us 2 or 3 years to get to roughly half my previous salary as a software engineer. It's been my full time job for 15 years now. It's much better to not have enough time to finish X, Y, or Z on your startup than to have finished it and be waiting for someone to show up and pay. I agree with ""Don't quit your day job until you are very confident your startup can support you and is making money"". Validate your startup idea early. In the words of the Lean Startup movement, ""Fail Early"".  This is absolutely critical. Starting a company requires extreme confidence. Succeeding requires extreme humility and a willingness to face your mistakes (because how else can you improve?). You've clearly got the confidence. Now you need to to be realistic and look at ""What could go wrong?"" and ""How will I know that this is working?"" There are some parts of a startup that require what I call ""Calendar Time"". It's just elapsed time for things like: You tweaked your landing page and you're A/B testing whether that improves things.  And you wait for a week or two. You are waiting for a contractor to finish something on your website's Payment feature.  Read The Lean Startup (and similar books) to get an idea of all the things you'll need to do.  You'll need to:"
I actually help companies start up for a living. Here are some big parts you should do. 1 - Post on craigslist for work. Seems pointless but it helps a ton. Youll get potential new clients and it will help. Do one ad every day under something specific. One day maybe dishwashers, next garbage disposal, next drain clogs, next water leaks. You get the point. This will help reach people after a specific thing. Also it will help get your name out. 2 - Post on your local news areas. For example your local papers website will have a section to add your business. Also do a search for local forums around your area and post there. 3 - Create a website. If you are short on cash get a site from a good name provider. Dont use go daddy as they are an evil company ha. Find one local if you can and support your local economy. It might be a few dollars more but it helps everyone out and tell them how you are a new company. They might have friends and family members that can spread word of mouth. Also ask them if they know of any local hosting providers. For your website id say hire someone. It should be under 1500 for everything if its done well. If you are short on cash get wordpress and get a good blog style you like and go from there. 4- Update your blog once a week to start. This will help google see it as a site thats worth something and move you up. After 6 months you can post daily, but dont wait 5 months then post. Oddly enough google will punish you at times for this. Makes no sense but thats how the beast can work. Your posts can be a new weekly deal. Showing a new job you did. Or maybe tricks that people can do themselves. While it seems that would be counter productive to business. When someone sees you as not trying to just sell something, they trust you more. 5 - Submit your site to the major search engines (google it). 6 - Post your company on local business pages. yelp, google, and others you have.
Be persistent, be entrepreneurial, never stop pushing.  Also be proactive in every way you can.  Go read that book.  Go meet people in the industry.  Does a friend have a friend who works in the industry? it doesn't matter if he doesn't have any job openings.  Meet 15 minutes for a coffee just to introduce yourself.  If there is an opening in the future I can guarantee you that person will in their head review who they met with before looking at resumes - people remember faces.
"Online courses in one resource, although I've always found reading targeted books to be far more effective when it comes to business.  My best advice on starting companies is learn how to think like those who have started the craziest/biggest/best companies. I've always gotten far more out of reading Steve Jobs' biography, Sam Walton's autobiography, John Rockefeller's biography ""Titan"", Warren Buffett's biography ""Snowball"", Howard Schulz's books on starbucks, etc. than just about any business course I've taken. These also far surpass your 'start a business with these steps' books. Although you do need to read some of those too.  I'd encourage picking out a few business heroes and learning from them. Elon Musk is mine today. Check out his life story.  For more targeted skills, such as learning accounting or management skills, amazon is pretty easy to navigate.  **tl;dr: Learn to think like the greats before learning the skills you need**"
In the tech hubs of the country (SF, Seattle, NY, Boston, etc) there usually meetups or talks that deal with how to properly do a startup.    There are programs you can apply to that will help you learn the ropes of that world once you have a bit of work done on your own. (YCombinator is the famous one)  If you aren't in those areas, it'll be much tougher.  Even the best unicorn idea won't go anywhere without the right people to do it.  Those people are in those areas.  It's part of the reason they are tech hubs.  People with ideas are in college, and then either finish or leave college to work on this idea.  They don't want to move far, so they stick around that college. (SF = Stanford, Seattle = UW, Boston = MIT, NY = Columbia).  As some of these blow up, they get attention from other people in the country that want to either join in, or do something similar so they move to that area to be around those people.  The positive feedback loop then keeps growing.
My general rule of thumb with start-ups is don't quit your day job until you can afford to quit your day job. If you were a single man, or your wife also could provide income for the family, then you would have more flexibility but if you are the single income provider I suggest a more cautious route. It may be frustrating to deal with the drudgery of work, but if you really want to see that start up I would suggest getting started to work on it with what you can while working at your other job, until you have enough money saved and enough work done that you can fully launch the start-up full time. It will be a lot of work, (so would a start-up) but it is less risky, especially considering your family situation. If you really hate what you are doing, I would suggest looking for other opportunities in your field of work. Maybe there is something that you have overlooked, and don't hesitate to apply for jobs you are not sure if you are qualified for-- as long as it doesn't involve time away from your current job an application is fairly painless and the worst case is you keep doing what you are still doing.
According to many sources **[Shopify](https://shopify.com/?ref=spurit)** is one of the most popular platform to start your business. If you have never tried something similar, then I personally recommend you to try as they have 14 days trial period.  What I personally like in Shopify is the ability to add new apps for functionality increase. For instance, in case you are looking for pre-order function and you don't want to be involved in some techy things, then you can simply install this:  * **[Pre-Order Manager](https://apps.shopify.com/pre-order/?ref=spurit)**. A preorder button with a beautiful title will show up on the out of stock product page and you will be able to easily control preorders.  That's one of the examples about how it's easy to add something new to your Shopify Store.  Also there are tons of themes available which allows you to customize your Store and make it unique. Of course there are some limitations in Shopify, but it's not a big problem and can be solved in many cases.