In yesterday’s put up I explored the ramifications of valuation allowances on deferred earnings tax belongings within the context of shifting market calls for as pertains to Merida’s $105 million earnings impairment with regard to its possession stake in Specialised (tldr; they purchased up a bunch of motorcycle outlets and took a shower), and in additional monetary information an enormous tech agency is now buying map app thingy Komoot, which is a map app thingy for mapping routes or no matter that numerous bikey individuals use:
This was very stunning to me, as a result of I had no concept there was such a factor as an Italian tech agency:
“Italian tech agency” sounds extremely oxymoronic, as if you consider Italian know-how you have a tendency to consider overly loud machines like espresso makers and two-stroke Vespas, although they did work out find out how to make an digital shifter so I assume something’s attainable:
Much more stunning to me is that Komoot has 150 workers (not less than for now):
Whereas I definitely don’t like the concept of individuals dropping their jobs, how does Komoot have 150 workers? Isn’t this one thing three or 4 individuals with laptops might run out of a Starbucks? The world has been mapped like 1,000,000 occasions over already! Have they got their very own aerospace division for launching satellites? Or perhaps they employed a bunch of old-timey explorers and cartographers and despatched them out on expeditions:
[Magellan: worked remotely]
Both method, now that the Italians have come to the rescue, Komoot can hearth everyone and someway get smaller and larger on the identical time:
I look ahead to a couple years from now when he writes a self-righteous editorial about how enterprise capitalism and the relentless push for countless unsustainable progress is destroying the out of doors trade.
As for me, I’m getting out of bicycles altogether, as a result of clearly there’s no future in it. As a substitute, I’m getting a Energy Tug. And no, a Energy Tug isn’t a hand-held masturbation machine for males, it’s…effectively, it’s this:
Hey, it beats getting tugged by a sibling:
Sorry.
Anyway, this thrilling new machine will lastly permit me to mix my two biggest passions: curler skating, and vacuuming.
Although perhaps I ought to maintain out for the gravel model…
