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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
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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