About CDon

CDon

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In United States
Registered Mar 08, 2012

CDon's most recent comments:

  • On Thu, 26 Feb 2015, 6:38pm PST in Average federal tax refund is $3,120 so far, CDon said:

    jvolstad says

    If anything I would prefer to pay when I file.

    So you say. Last year, My wife and her new business partners first underestimated receipts, and then to make matters worse decided to hold on to some earnings and establish a "rainy day fund". Long story short, you have no idea how painful it is to stroke a check to the US Treasury for 87 fucking thousand dollars! Don't ever self finance - revolving line of credit is the way to go.

  • On Thu, 26 Feb 2015, 6:29pm PST in Opinions on SODA?, CDon said:

    Patrick says

    Ah well, it was a fun gamble

    I find it remarkable in that during a time when the market went up approx. 30%, you managed to find (and invest in) a stock that lost over 60% of its value. This (and your decision not to buy 15 years ago in Palo Alto) are your only two publicly announced financial moves. Are you always so snakebitten?

  • On Thu, 12 Feb 2015, 8:00am PST in Starting a business? Don't feel restricted by lack of an MBA, CDon said:

    Its interesting, almost none of my transactional clients (the actual business owners & founders) have an MBA. Many are either college graduates or the all encompassing "some college" category. Moreover, as long as they stay small (10-70M in revenues) they have very few MBAs on staff. Its really only once you get over say 100M in revenues that I run into a lot more MBAs, at least as far as private companies go. Even then we are still talking about middle management here - the guys at top are still largely non MBAs.

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