Archived threads in /biz/ - Business & Finance - 721. page
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I don't understand this company.
Yahoo says they have a market cap of 1.16 billion dollars. They have 63 stores and before the IPO said this:
>The New York-based company plans to use the proceeds from the IPO to repay debt, as well as open new stores and renovate existing ones. Shake Shack is selling 14 percent of the company through the IPO.
So 63 stores are worth 8.3 billion!
That is an insane evaluation.
Also to repay debt and to renovate stores. Are you kidding me? So they aren't even going to use the IPO...
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I think it's just one of those stocks people buy because they love it. Kind of like chipotle before it gave everyone aids.
>>1042563
What you say has to be true. I didn't read their prospectus or quarterly reports. That's why I want that stock pusher to weigh in. Still I don't see how it could be a good investment when they aren't opening multiple stores every day.
>>1042556
I think it reflects confidence in Union Square Hospitality Group as a whole, rather than just the Shake Shack brand. Probably overvalued as often with IPOs, but on the long, the brand is solid, and decreasing debt may be better for revenue than opening new stores with more borrowed money.
I am taking a year off before going to University and I've amassed a healthy sun of money(~$15k).
Should I put it into an ETF(VFV specifically) for a year and take it out then? Would it be safe to assume that in around a year it wouldn't keep falling and be a low? - I'm guessing it should rebound by next year for sure...
Are you going to be working before you go to college? If the answer is no, just fucking go to school. College is good shit.
Uh, no, you take that money and lower your student loans
>>1041921
1. Never invest money you need to spend
2. 15k is not a health sum, it won't even cover the menial labor you'll be paying to do.
3. Don't skip a year before college if you're not going to spend it working or travelling the world full time. Your social life will be utterly shit upon.
Xapo CEO Wences Casares has been appointed to PayPal’s board of directors, the pioneering online payments firm announced today.
https://youtu.be/67mRrp_KjM0
And what does this guy say?
https://www.youtube.com/watch?v=yPIvqJsCOSo
And who is in Xapo's Advisory Board?
https://blog.xapo.com/announcing-xapos-advisory-board/
>Dee Hock is the founder of Visa, and is responsible for effectively creating payment systems as we know them today. “Bitcoin represents not only the future of payments but also the future...
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>>1042593
what do you think this means in regards to bitcoin? it'll shoot up?
>>1042593
any reason as to why it suddenly dropped from $450 to $426?
Not trying to be toxic, just generally curious if somebody dumped a load of BTC
>>1042611
Well.. once Bitcoin is integrated within Paypal, Bitcoin is basically everywhere, and you know what the next step is.
Do the fucking math.
To make a long story short, my uncle owns a website/business that he pays about $300 a month for so that "SEO WEB" company can keep his website on the first page. after about two years he has fallen to the the second page, and decided to cut relations with said company.
He told me, he is willing to pay for any course, like the courses you find on UDEMY, so that I can learn to manage his website.
So my question is: What is the best way to go about learning this sorcery?
I will personally donate a $5 paypal tip to anyone who can lead me in the right direction.
>>1040367
You want to learn seo or how to manage a website?
>>1040369
I want to keep my uncles page AT LEAST on the first page of google. He is basically going to buy a new domain name and hand me all the user/password info to manage it, keep it up in rankings.
In other words, he would employ me
Marketing exec here who deals a lot with google analytics. What type of business is he in and how large is the business?
I suggest serpbook.com for tracking your keywords if you have a bunch.
Who /goingdownwiththeship/ here?
I'm invested quite heavily in one oil major (Shell) but can't bring myself to sell, despite the fact that it just keeps tumbling down.
Anybody else joining my on this suicidal decision. Oil will recover eventually, r-right guys?
probably bottomed in the short term today, could rally for a while but don't get over zealous, you probably sell 50 or 60. the calls for 20 were most likely too early but probably not wrong
>>1039352
the oil companies are trying to fuck over american fracking by undercutting them until they go bankrupt and hoping fracking dies before they do
you can still survive this but either way someone is going down
>>1039367
>the oil companies
america and europe are the only ones with actual oil companies, and they're the ones eating shit you cunt nugget.
if you're talking about the harold hamm fueled myth that saudi arabia is trying to lower the price of oil to squeeze out competition, don't believe a word. he has vested interest in oil going up and blaming the muslims is a clever way to get americans on board. saudi wants higher oil prices way more than we do, they're government...
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I've put a little bit into UWTI today @ 2.3
Let's see how well this does with DWTI being 300+
pic related: the direction things usually go when you see pic
>>1037120
Are you dumb.
>>1037183
He is dumb.
Wait for the summer to invest in UWTI/oil in general dumbshit
what jobs do you think will be replaced by robots in the next 20 years
i'm studying accounting and every day i see something which threatens my job in the form of a computer
Robots break every 5 minutes- probably crest more jobs than they displace
T.guy who fixes robots
What do I buy?
Have a good amount of cash and want a value stock cheap.
Ethereum
get a couple of dildos and start practicing your dick sucking technique until you wear each one down to a nub.
by the time you finish you'll have an invaluable skill that will make you money even in the worst of times.
>>1044072
already mastered that, now I need to invest the windfall
QUESTION: Why has this board gone down over the past couple months.
Anyone know?
The cancer is increasing exponentially everyday.
Because all anyone talks about is stocks and Keynesian vs Chicago when in reality 95% of this board is neet on autism bucks
Buy Ethereum
ban all "how 2 start trading" threads.
I've got $10k in savings and I won't be working for the next 2-ish years because of school.
Should I just start hurling that money into an IRA or is there a more beneficial way for me to turn it into more money?
Even if it's just $1-2k over 2 years, that's better than letting it just sit.
just dump it into an index etf right the fuck now while there's still a dip. don't look at or touch until 6 months before you graduate and then keep an eye for a good opportunity to cash out.
>>1043994
I did this last year and I'm in the red
what do?
>>1044079
Keep waiting then?
It's obviously a really importune time to cash out now. But you had between October and December to leave with a profit (assuming you bought SPY or another for index instead of a worthless meme or FOREX).
This is why I said look 6 months in advance for an exit opportunity. If you wait until the second you need money you're going to get a fat turd back. Only invest money you don't need.
>Finally get first job
>tech startup, it's doing breddy well
>work there for a year, first in a sales role, before moving to an analyst role (so like excel, python, SQL)
>at the end of my first year, not sure where to go
If I stay in tech, chances are I won't make much money unless I happen to bandwagon an early-stage startup that gets big.
If I go to finance, it'll be less fun (and I'll need a slightly different skillset),...
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>>1043796
Im about to graduate, how did you sink youre first job in the tech industry. Did you have coding skills already before moving into sales?
I want to work for a scale up tech firm and work as project manager later on. I had an internship at Thomson Reuters working in the strategy teams. It was great and i learnt a lot about product/project management and strategy. But I didn't know how to code or anything.
I wouldnt mind a sales role, because even if i'm a slight introvert on the spectrum, i...
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> tech bubble will bust
this is retarded.
tech isn't an isolated field.
there will always be a need in every modern industry for it. the field may be saturated soon with people straight out of college, but that doesn't matter if you already have experience.
>>1043858
>how did you sink youre first job in the tech industry
Applied and got lucky. Helped that I knew someone working there, but I also had a lot of interview practice under my belt. Took fucking forever to find work though.
No, no coding skill beforehand- I'm good with languages, so I thought sales would be a natural choice, but I hated it. Kind of took an interest in coding during that time, so moved into the analyst role. Not too much coding involved, but enough to make...
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Sup /biz/ IT freelancer here and owner of some websites that generate me some revenue , quick question :
Since it't winter, my testosterone levels are quite low , dealing with overdue deadlines, server downtimes and general issues has become harder and I feel the stress even more.
I reached to a point where I need the hug of a gf/wife at night.
I'm thinking to buy ZMA to get my testosterone levels back , but since it's my first time taking suppliments I was wondering If you can reccomend me something better.
Pic unrelated
try fit. they know a lot more.
I'd recommend a daily multivitamin though.
sal coaie
Biz student here. Is project manager a good career goal?
Too broad a question to give a good answer.
Project managers in my industry (management consulting) get paid a decent amount. Expect to work as an underling for a couple of years and get PMP cert/MBA. But I think satisfaction is more than salary.
Being a project manager you have to take shit from the client while managing the shitheads who work under you. You become an expert in pushing shit around. I guess its a valuable skill; shit has to get pushed, people who push it well are rewarded. But why would you want to spend your life shoveling other people's...
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>>1043073
>Learn to actually do something
Like what? I'm not a creative type if that's what you're getting after.
>>1043078
get an engineering degree or construction experience or some shit-manager is great until you aren't given the opportunity to do it
![xomNZkhkqLxKLV9Gb11fACyLh7DhMDcSPFjYLvilAKbEFZmlwYbmqB3Bu-49h3yi-1A=w300[1].png](https://i.imgur.com/1g9Oo6o.jpg "xomNZkhkqLxKLV9Gb11fACyLh7DhMDcSPFjYLvilAKbEFZmlwYbmqB3Bu-49h3yi-1A=w300[1].png")
So I wanna get in on the selling chinese shit on Etsy at a huge markup deal.
Anyone here done it? What are your experiences/advice?
My sister in law sells on it.
Its easy as shit. You can sell junk, call it art, and people will pay way too much for it.
>>1043549
I find that VERY hard to believe.
She makes craft jewlery and keychains.
For example she makes a keychain with like $1 in materials and sells it for ten.
She works probably 20hours a week from home, and makes like $15k - $20k a year. Not bad for a little hobby in her garage.
Resume thread, show us what you have, tell others how to improve.
>Pic related but not mine, I need to make one.
References is a dumb fucking waste of space. It's old tech and not relevant. All employers that want references will ask for them. "References available upon request" is also dumb as fuck
>>1041980
This, t6h f@m.
Also the more your resume looks like a template the less engaged a recruiter will be.
>>1041980
when I was 17 I put "References available upon request"
I didn't have any references, I just thought it looked nice
I got a job at a burger stand and they never asked for my references
