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  • Losing money sucks – the mathematics of loss aversion

    September 17, 2019 by

    There’s a lot of research on loss aversion: how bad people feel when they lose $50 vs. how good they feel good about gaining $50. This research is kind of taking an absolute value of emotion, positive or negative. We can represent this with emoji equations: 😀 == 😫 (large-magnitude happiness or sadness) 🙂 ==… Read more

  • The surprisingly complex math behind startup equity and taxes

    July 2, 2019 by

    Taxes for employees at startups are weird and can vastly change the amount you make.  To illustrate why, let’s take a simple example. Suppose we have a group of early employees at a startup, we’ll call them the Unicorn Inc. Mafia.  They’re all fresh out of college and managed to get through it without any… Read more

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