text:
package configgen.genlua;

import configgen.define.Bean;
import configgen.gen.Generator;
import configgen.type.*;

import java.util.Map;
import java.util.stream.Stream;

public class Name {

    // primary key的容器名称是"all", 函数名称是"get"
    static final String primaryKeyMapName = "all";
    static final String primaryKeyGetName = "get";

    static String uniqueKeyGetByName(Map<String, Type> keys) {
        return "getBy" + keys.keySet().stream().map(Generator::upper1).reduce("", (a, b) -> a + b);
    }

    static String uniqueKeyMapName(Map<String, Type> keys) {
        return keys.keySet().stream().map(Generator::upper1).reduce("", (a, b) -> a + b) + "Map";
    }

    static String uniqueKeyGetByName(String[] cols) {
        if (cols.length == 0) //ref to primary key
            return "get";
        else
            return "getBy" + Stream.of(cols).map(Generator::upper1).reduce("", (a, b) -> a + b);
    }

    static String refName(SRef sr) {
        return (sr.refNullable ? "NullableRef" : "Ref") + Generator.upper1(sr.name);
    }

    static String refName(TForeignKey fk) {
        switch (fk.foreignKeyDefine.refType) {
            case NORMAL:
                return "Ref" + Generator.upper1(fk.name);
            case NULLABLE:
                return "NullableRef" + Generator.upper1(fk.name);
            default:
                return "ListRef" + Generator.upper1(fk.name);
        }
    }

    static String fullName(TBean tbean) {
        if (tbean.getBeanDefine().type == Bean.BeanType.Table) {
            return AContext.getInstance().getPkgPrefixStr() + tbean.name.toLowerCase();
        } else if (tbean.getBeanDefine().type == Bean.BeanType.ChildDynamicBean) {
            return "Beans." + (((TBean) tbean.parent)).name.toLowerCase() + "." + tbean.name.toLowerCase();
        } else {
            return "Beans." + tbean.name.toLowerCase();
        }
    }

    static String fullName(TTable ttable) {
        return fullName(ttable.getTBean());
    }

    static String tablePath(String tableName) {
        return tableName.replace('.', '/').toLowerCase() + ".lua";
    }

    static String tableExtraPath(String tableName, int extraIndex) {
        return tableName.replace('.', '/').toLowerCase() + "_" + extraIndex + ".lua";
    }
}


text:
Home Seven new plastics industry associations join effort to combat marine litter
Seven new plastics industry associations join effort to combat marine litter
Ocean Litter
Seven new plastics industry associations from across the globe have pledged their commitment to the fight against marine litter in 2016.
The new signatories added to "The Declaration of the Global Plastics Associations for Solutions on Marine Litter", otherwise known as "The Joint Declaration" bring participants from both countries and types of plastics not previously represented.
These include the American Fibre Manufacturers Association (AFMA), the Bangladesh Plastic Goods Manufacturers & Exporters Association (BPGMEA), the Flexible Packaging Association (FPA), the Ghanaian Plastics Manufacturers Association (GPMA), the Myanmar Plastics Industries Association (MPIA), the Indonesian Olefins, Aromatics and Plastics Association (INAPLA), and the Vietnam Plastics Association (VPA).
"We're excited to welcome each of these new partners, who bring perspectives from countries in Asia and Africa, or types of plastic not previously represented in our Joint Declaration," said Steve Russell, Vice President, Plastics, American Chemistry Council, at the 27th Global Meeting on Plastics and Sustainability in Hanoi, Vietnam.
At the meeting, delegates also agreed that going forward the group will become the "Global Plastics Alliance."
Delegates from 17 countries and four continents participated in the Global Meeting – making this the largest and best attended meeting to date.
"Addressing marine litter issues effectively requires that we bring local, regional and global stakeholders together," said Karl-H. Foerster, Executive Director of PlasticsEurope. "Broadening our fold helps us find new partners and opportunities to tackle this very serious problem."
"Together, as a united, global industry, we're involved in hundreds of marine litter prevention programs in all regions of the globe," said Callum Chen, Secretary General of the Asia Plastics Forum. "But there is still much to do. Growing our ranks helps further grow our work."
The Global Declaration was launched in March 2011 at the 5th International Marine Debris Conference. Today, the Declaration has been signed by 69 plastics associations from regions across the globe.
Recognising their important role in fighting marine litter, these plastics associations have launched and are supporting projects in six key areas aimed at contributing to sustainable solutions. The six focus areas of the Global Declaration are education, research, public policy, sharing best practices, plastics recycling/recovery, and plastic pellet containment.
Featured Marine Litter PlasticsEurope Environment Reclamation and Recycling

redpajama_set_name: RedPajamaCommonCrawl


GD Global School is one of the leading educational institution in Azamgarh with a vision of excel in all spheres. Setup in 2014 we have journey through these year have gained the trust and appreciation of thousands of students and their parents alike. We are pleased with this accomplishment and are committed to improve and be counted amongst the best schools in the city. The school emphasizes on quality education for all students and also the opportunities for students to grow as individuals by having as part of curriculum extracurricular activities and clubs, sports and various Inter-School as well as Inter-Class competition. We strive to offer a safe learning and warning that promote intellectual growth, health, creativity and respect for self and others.
It is our constant desire to provide an excellent educational experience to our students and to this end we would greatly appreciate and value input from parents. I encourage all parents to stay involved in your child's education by attending the parent teacher meetings and thus make this a collaborative effort. By working together and remaining involved, parents send a clear message affirming the importance of their child's education.


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text:
Marc Leriche, né le  à Roanne (Loire) et mort le  dans le  de Lyon (Rhône)<ref>Acte de décès de Paul Marie Marc Leriche, État-civil numérisé de la ville de Lyon (), vue 196 (en ligne).</ref>, est un sculpteur français.

 Biographie
Marc Leriche naît dans une famille de sept enfants au 2 rue Saint-Étienne à Roanne, il est le sixième enfant d'Ernest Leriche (1843-1915), avoué près le tribunal civil de Roanne et d'Anne Chamussy (1854-1923), issue d'une famille roannaise d'industriels du textile. Il est le frère de et de Paul Leriche (1876-1927), peintre et de René Leriche (1879-1955), célèbre chirurgien et physiologiste français. Marc Leriche épousa Hélène Berger née en 1886,décédée le  dans le  arrondissement de Lyon.
En 1905, il entre dans l'atelier du sculpteur Pierre Aubert à l'École des beaux-arts de Lyon où il obtient le prix de Paris. En 1910, il est admis à l'École des beaux-arts de Paris dans les ateliers de Jean-Antoine Injalbert et d'Emmanuel Hannaux.

En 1912, son esquisse d'Orphée obtient une  médaille au Salon des artistes français.

En 1914, il remporte le premier grand prix de Rome de sculpture avec Léandre, rejeté par les flots, expire sur le rivage de Sestos, mais il ne séjournera jamais à la villa Médicis puisqu'il est mobilisé le  août de la même année quand éclate la Première Guerre mondiale.

Incorporé au  d'infanterie, avec le grade de sergent, il est grièvement blessé en  à Metzeral dans les combats de l'Hartmannswillerkopf. Il est décoré de la croix de guerre 1914-1918 et met son talent au service des chirurgiens de l'armée pendant sa convalescence.

Il meurt à Lyon le , victime d'une épidémie de grippe.

Marc Leriche est inhumé au cimetière de Sainte-Foy-lès-Lyon.

 Son œuvre

 Style
L'œuvre de Marc Leriche est caractérisé par une rare probité dans les moyens techniques employés et une tendance très marquée à styliser la nature dans ses réalisations de pure composition. À sa mort, l'architecte François Roux-Spitz lui consacre un article élogieux : pour lui, son œuvre est . On retrouve chez Marc Leriche le réalisme et la grâce rustique de l'antiquité primitive.

 Œuvres répertoriées

 Buste de  E. La Bonnardière, 1912, marbre.
 La Mort de Léandre.
 Buste d'Ernest Reyre, 1914, marbre.
 Buste de  Leriche, marbre.
 Portrait du professeur Antonin Poncet.
 Jeune fille et la grande sœur, terre cuite.
 Soldat, terre cuite.
  Moriset, marbre.
 Buste de l'organiste Neuville, 1917, bronze.
 Portrait de  Savy, marbre.
 Buste de  Leriche, plâtre.
 Les Quatre éléments, panneaux décoratifs pour un vase, avec François Roux-Spitz, architecte.
 Buste de  Cotte, marbre.
 Portrait de  Lenail, marbre.
 Portrait de  Dufour, marbre.
 Léandre, rejeté par les flots, expire sur le rivage de Sestos, plâtre avec lequel Marc Leriche remporta le premier prix de Rome en 1914, Paris, École nationale supérieure des beaux-arts.
 Séléné, marbre, , don de  veuve Marc Leriche, Musée des beaux-arts de Lyon.
 Icare, groupe relié en terre-cuite patinée, , don de  veuve Marc Leriche en 1949, Musée des beaux-arts de Lyon.
 Figure masculine, haut-relief en terre-cuite, Musée des beaux-arts de Lyon.
 Orphée suppliant Caron, 1914, plâtre, Musée des beaux-arts de Lyon.
 Contractures de la masse sacro-lombaire des obliques et ses muscles de la hanche, plâtre moulé, , Paris, Musée du service de santé des armées.
 Cérès ou l'Été, plaque en grès polychrome, , Lyon, Galerie l'Amateur, collection particulière.
 Jeune Femme sortant du bain.Buste de Mme rené Leriche, 1914, Musée des Beaux-Arts et d'Archéologie Joseph-Déchelette, Roanne

 Notes et références

 Annexes

 Bibliographie
 Sophie Couvra, Dictionnaire des artistes exposant à Lyon : 1919-1939, Presses universitaires de Lyon, 1999, 405 p. .
Philippe Dufieux, Sculpteurs et architectes à Lyon, 1910-1960 : de Tony Garnier à Louis Bertola'', Mémoire Active, 2011 .

Liens externes

Naissance en décembre 1885
Naissance à Roanne
Décès en octobre 1918
Décès dans le 4e arrondissement de Lyon
Décès à 32 ans
Élève de l'École nationale supérieure des beaux-arts de Lyon
Élève de l'École nationale supérieure des beaux-arts au XXe siècle
Sculpteur français du XXe siècle
Prix de Rome en sculpture
Titulaire de la croix de guerre 1914-1918

redpajama_set_name: RedPajamaWikipedia


text:
Young excavators find 425 ancient pure gold coins in Israel
Israeli Teens Unearth Treasure Trove Of Gold Coins Dating Back 1,100 Years. By Shreyashi Chakraborty @ShreyashiChak19 08/25/20 AT 6:40 AM.1 Agorah (Bank of Israel 25 Years) 5740 (1980) Non-circulating coin : 25th Anniversary - Bank of Israel. Nickel • 3.3 g • ⌀ 20 mm. KM# 96. 25 Pruta. 5714 (1954) Nickel clad steel • 2.5 g • ⌀ 19.5 mm. KM# 12a, Schön# 7a.For example, Heisei year 3 would correspond to 1991 (year 1 is 1989, year 2 is 1990, and year 3 is 1991). Here are the dates for the coins pictured above: Taisho year 10 = 1912 + 10 -1 = 1921. Showa year 17 = 1926 + 17 - 1 = 1942. Heisei year 7 = 1989 + 7 - 1 = 1995. Showa year 49 = 1926 + 49 - 1 = 1974.With the founding of Israel, the Hebrew calendar dating was used on the issuance of currency and coins. Starting in 1948 or JE5708, coins began to be issued using the Hebrew calendar date exclusively.The Jewish calendar dates back more than 5700 years and Israeli coins are dated as such. The number system employs many consonants from the Hebrew alphabet. Different 'letters' are used to denote 5,000, 700, 10, 20, 30 etc. and 1 to 9. From 1948 to 1981 the dates omitted the symbol for 5,000.Israeli hiker finds rare coin dating from 107 A.D. March 14, 2016 / 9:41 AM / AP. JERUSALEM -- Israel's Antiquities Authority says a hiker has found a rare, nearly 2,000-year-old gold coin. The.Hendin dates this type to the Persian period, prior to 332 BC, but the type seems to be taken from the standard coins of the early Ptolemaic Kingdom, of a type first minted in about 305 BC. It is reasonable to assume that this coin was minted between 305 and 198 BC.Example coins Country: Israel Denomination: 5 new agorot Year: ם"שת ⇆ 1980. Country: Israel Denomination: 10 agorot Year: ג"סשתה ⇆ 2003.Dating April , it was reported that new coins would be minted that new use less metal and thus lower costs. Money would also be harder. If approved, this would be the coins replacement of all coins since the introduction money the new shekel coins in September. The Second series of bank israeli was dating in , replacing israeli first series by. Dating israeli coins.
Gold coins dating back 1200 years discovered in Israel
Dating Israeli Coins - How to decipher Israeli coin dates
How can I read the year (Hebrew date) on Israel coins? - CoinSite
Coin Jewish Dating & IA Singles | Match®
Two Coins Found in Israel Prove That Jewish Revolt History is
An UNCIRCULATED 1 AGORA PIEFORT COIN from ISRAEL DATING 1990
Teens Unearth Gold Coins Dating Back 1,100 Years in Israel
Dating Israeli Coins | Annette's collections
Israeli hiker finds rare coin dating from 107 A.D. - CBS News
World Coin Database - Date Systems Guide
The Jewish calendar dates back more than 5700 years and Israeli coins are dated as such. The number system employs many consonants from the Hebrew alphabet. Different 'letters' are used to denote 5,000, 700, 10, 20, 30 etc. and 1 to 9. From 1948 to 1981 the dates omitted the symbol for 5,000. From 1981 to the present this is included.Live Science - Two coins minted about 70 years apart by Jewish rebels during two separate revolts against the Roman Empire have been discovered in the West Bank. The … 'Freedom of Zion' coins dating to famous Jewish revolt found in the West Bank - FlipboardFor example, Heisei year 3 would correspond to 1991 (year 1 is 1989, year 2 is 1990, and year 3 is 1991). Here are the dates for the coins pictured above: Taisho year 10 = 1912 + 10 -1 = 1921. Showa year 17 = 1926 + 17 - 1 = 1942. Heisei year 7 = 1989 + 7 - 1 = 1995. Showa year 49 = 1926 + 49 - 1 = 1974.On the west bank of the Jordan River, during two separate rebellions against the Roman Empire, two coins were found, coined approximately 70 years apart by Jewish rebels. Researchers say the coin may provide insight into what happened during the Bar Kokhba revolt against the Romans. One of the coins cast in AD 67-68 has […]Israel's government requested proposals for the design of a new coin series from the Israel Numismatics Society. Until those were ready, a coin with a value of 25 mil was issued. The term "mil" was carried over from the British Mandate. The first coin in the new series, a 50 pruta coin, was only entered into circulation on May 11, 1949.The coin dating to the time of the Bar Kokhba Jewish revolt against the Romans that took place between 132-136 AD. It bears a palm branch surrounded by a wreath and the inscription LeHerut Yerushalayim (Freedom to Jerusalem) on one side and a musical instrument and the name "Shimon" on the other – the first name of the rebellion's.Aug. 24, 2020. The treasure needed to be secured. So the hoard of 425 gold coins was stowed in a clay jar, its lid secured with a nail, and stashed in the sands of what is now central Israel. It.Hendin dates this type to the Persian period, prior to 332 BC, but the type seems to be taken from the standard coins of the early Ptolemaic Kingdom, of a type first minted in about 305 BC. It is reasonable to assume that this coin was minted between 305 and 198 BC.Date4You. Dating israeli coins.
"Creounity Time Machine", the universal date converter for
Some young excavators hit the jackpot. More than 400 gold coins dating back 1,100 years were unearthed during a dig in central Israel. The Israeli Antiquities Authority says the teens who found it.Israel's government requested proposals for the design of a new coin series from the Israel Numismatics Society. Until those were ready, a coin with a value of 25 mil was issued. The term "mil" was carried over from the British Mandate. The first coin in the new series, a 50 pruta coin, was only entered into circulation on May 11, 1949.First Jewish Revolt coinage was issued by the Jews after the Zealots captured Jerusalem and the Jewish Temple from the Romans in 66 AD at the beginning of the First Jewish Revolt. The Jewish leaders of the revolt minted their own coins to emphasize their newly obtained independence from Rome .Modern Japanese coins are dated using the nengō system, which specifies the era name (emperor's reign) and year of the reign. Step 1. Determine the direction of the text by finding the character for the word "year" (see table below). If the character is right of the text, then you will read the characters from left to right.An Israeli archaeologist from Jerusalem's Hebrew University has discovered dozens of bronze coins dating back to the Jewish revolt against the Roman Empire (66-70 C.E.) in excavations in a cave near the Temple Mount dating israeli coins. Broken pottery vessels, including jars and cooking pots, were also found in the area.The Jewish (or Hebrew/Judaic) calendar is a lunisolar calendar used in Israel. Generally it's used for religious purposes, but also. on Israeli coins and bank notes. Modern Israel's coins carry Hebrew dating formed from a combination of the 22 consonant letters of the Hebrew alphabet and should be read from right to left. Nevertheless, to get.With the founding of Israel, the Hebrew calendar dating was used on the issuance of currency and coins. Starting in 1948 or JE5708, coins began to be issued using the Hebrew calendar date exclusively.Repeat these steps for any other notes and coins you want to exchange. Complete checkout and get paid within 5 days of receiving your currencies. To exchange your 1 Israeli new Shekel coin for cash: add it to your wallet now! 1 ILS = £0.1207200000. You get: £ 0.12 072 dating israeli coins.Dating israel coins The Hebrew calendar dates from the biblical age of the earth. Modern Israel began in 1948, or in the Hebrew Calendar 5708. The first digit "5" is understood and usually left off. Dating israeli coins.
Teens Find 1,100-Year-Old Gold Coins in Israel Excavation
Three extremely rare Jewish-minted coins dating from the 4th century BCE were recently discovered by the Temple Mount Sifting Project, doubling the number unearthed in ancient Jerusalem to date.Some young excavators hit the jackpot. More than 400 gold coins dating back 1,100 years were unearthed during a dig in central Israel. The Israeli Antiquities Authority says the teens who found it.The coin also reads: "Of the people of Geva Phillipi," and is marked with the civic year 217, dating it to 158 or 159 AD. According to Dr Avner Ecker, a lecturer at Bar-Ilan University, it was common practice for cities in the Roman period to mint their own coins.Dating April , it was reported that new coins would be minted that new use less metal and thus lower costs. Money would also be harder. If approved, this would be the coins replacement of all coins since the introduction money the new shekel coins in September. The Second series of bank israeli was dating in , replacing israeli first series by.1 Agorah (Bank of Israel 25 Years) 5740 (1980) Non-circulating coin : 25th Anniversary - Bank of Israel. Nickel • 3.3 g • ⌀ 20 mm. KM# 96. 25 Pruta. 5714 (1954) Nickel clad steel • 2.5 g • ⌀ 19.5 mm. KM# 12a, Schön# 7a.Nengo dating: Nengo dating is the practice of displaying the name of the current emperor and year of that emperor's reign. For instance, if your coin shows the Japanese characters for Shōwa and 35, your coin was minted in the 35th year of the reign of emperor Shōwa (Hirohito), which would date your coin to 1960. Japanese numerals (fig. 1.The Jewish calendar dates back more than 5700 years and Israeli coins are dated as such. The number system employs many consonants from the Hebrew alphabet. Different 'letters' are used to denote 5,000, 700, 10, 20, 30 etc. and 1 to 9. From 1948 to 1981 the dates omitted the symbol for 5,000.That will help convert the dates on Israeli coins. Aidan. Status changed to Solved ( Srdjan Bgd, 12-Aug-2020, 09:51PM) Topic locked ( Numista Robot, 11-Nov-2020, 04:26AM) Forum ». Coin identifications and valuations. Used time zone is UTC+2:00. Current time is 03:19AM.Archaeology news: Israeli soldier stumbles upon ancient Roman coin dating back 1,800 years ARCHAEOLOGY experts in Israel were presented with a rare 1,800-year-old coin from the Roman era after it. Dating israeli coins.
Example coins Country: Israel Denomination: 5 new agorot Year: ם"שת ⇆ 1980. Country: Israel Denomination: 10 agorot Year: ג"סשתה ⇆ 2003.Israeli Teens Unearth Treasure Trove Of Gold Coins Dating Back 1,100 Years. By Shreyashi Chakraborty @ShreyashiChak19 08/25/20 AT 6:40 AM.For example, Heisei year 3 would correspond to 1991 (year 1 is 1989, year 2 is 1990, and year 3 is 1991). Here are the dates for the coins pictured above: Taisho year 10 = 1912 + 10 -1 = 1921. Showa year 17 = 1926 + 17 - 1 = 1942. Heisei year 7 = 1989 + 7 - 1 = 1995. Showa year 49 = 1926 + 49 - 1 = 1974.Israeli hiker finds rare coin dating from 107 A.D. March 14, 2016 / 9:41 AM / AP. JERUSALEM -- Israel's Antiquities Authority says a hiker has found a rare, nearly 2,000-year-old gold coin. The.An Israeli archaeologist from Jerusalem's Hebrew University has discovered dozens of bronze coins dating back to the Jewish revolt against the Roman Empire (66-70 C.E.) in excavations in a cave near the Temple Mount dating israeli coins. Broken pottery vessels, including jars and cooking pots, were also found in the area.The coin dating to the time of the Bar Kokhba Jewish revolt against the Romans that took place between 132-136 AD. It bears a palm branch surrounded by a wreath and the inscription LeHerut Yerushalayim (Freedom to Jerusalem) on one side and a musical instrument and the name "Shimon" on the other – the first name of the rebellion's.Dating 20 th Century Japanese Coins. Japanese numbers: Pre-1867 coins require more expert help than is given here. List of emperors from 1867: Mutsuhito (Meiji), 1867.The below is one such coin. No matter what I do, I don't get a 5000 something date. I usually come up with a date in the 1960's or 2500 something, and my research indicates these type of coins were minted in the 1985-2000 time frame. Please advise if you can help.Regards, and thanks, Bill. Poetheraven1, Oct 14, 2010.Dating israel coins The Hebrew calendar dates from the biblical age of the earth. Modern Israel began in 1948, or in the Hebrew Calendar 5708. The first digit "5" is understood and usually left off. Dating israeli coins.
Israeli teenagers unearthed a hoard of 425 ancient gold coins while volunteering at an archeological site during their summer vacations. The two youths were helping the Israel Antiquities Authority with an excavation in the central part of the country when they noticed something shimmering in the ground. Dating israeli coins.
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text:
Hacker News new | past | comments | ask | show | jobs | submit login
How I Sold My Bible App Company (trevormckendrick.com)
422 points by reuven on Feb 4, 2016 | hide | past | favorite | 130 comments
trevmckendrick on Feb 4, 2016 | next [–]
Trevor here, creator of the Spanish Bible app.
IkmoIkmo got this spot on in his/her comment.
Biggest two mistakes people are making in this thread:
1. $100k was revenue, not profit.
2. I get capital gains rates on the sale, versus ordinary income rates.
(If you didn't know about #2 you should probably sign up for my accounting and tax course for freelancers and entrepreneurs: http://trevormckendrick.com/accounting-course-for-entreprene...)
_5sen on Feb 4, 2016 | parent | next [–]
Sorry if this is incorrect but wouldn't a better term be long term capital gains rates? Short term capital gains are taxed at ordinary income rates but they're still capital gains.
trevmckendrick on Feb 4, 2016 | root | parent | next [–]
:) Yes you are correct.
I try to avoid details when higher levels of abstraction are sufficient for my audience.
elcapitan on Feb 4, 2016 | parent | prev | next [–]
Do you have more information on how that course is going to look like? Are those going to be video tutorials, or some degree of interactivity like on Coursera?
markdown on Feb 4, 2016 | parent | prev | next [–]
Have you considered developing an accounting or bookkeeping app, since that's obviously your domain?
pc86 on Feb 4, 2016 | parent | prev | next [–]
Is your web server down?
Probably. I'm long overdue for changing hosts.
mattchamb on Feb 4, 2016 | prev | next [–]
For anyone interested, this is the relevant information about the sale in Salem Media's SEC filings:
> On September 3, 2015, we acquired the Spanish Bible mobile applications and their related website and Facebook properties for $0.5 million in cash.
emptybits on Feb 4, 2016 | prev | next [–]
I sold my company (Verrus PayByPhone.com ) several years ago and so much of this resonates with me. Thanks to the author for his candid sharing. It was cathartic to read, even.
> ... over 7 months, hundreds of emails, ... psychologically exhausting and definitely the hardest part of the 3.5 years I ran the business.
This. The hardest part for me and my cofounders was keeping the business operating, and growing, while spending what seemed like full time on the "distraction" of a sale process with several potential buyers.
> I always assumed it was dead until the cash was finally in the bank. ... various levels of depression occurred throughout the sales process.
Yet, in the end:
> The deal made a ton of sense and I'm glad it got done.
Amen and congrats to you!
jastanton on Feb 4, 2016 | parent | next [–]
Hey, I use PayByPhone all the time in Seattle, I'm really glad you made it, it brightens up my day any time I can use it! Thank you, and congrats on the successful exit!
emptybits on Feb 4, 2016 | root | parent | next [–]
Thank you for the kind words. Seattle was a good, early proving ground for us. (We were HQ'd in Vancouver, BC.)
jastanton on Feb 5, 2016 | root | parent | next [–]
Did you do Seattle before Vancouver?
Off-street lots and garages in Vancouver and Seattle went PayByPhone gradually around the same time (early/mid 2000s). City streets didn't happen until much later.
shostack on Feb 4, 2016 | parent | prev | next [–]
In another recent thread I saw a lot of animosity from people who felt betrayed when a founder sold.
I'm an employee, but just imagining the stress of running a successful business, I honestly can't blame a founder for selling as long as I'm being compensated in a manner I consider fair (ie. fair market rate with minimal/low equity, or meaningful equity with terms that won't screw me).
There's absolutely nothing wrong with cashing out when you think it is the right time. Anyone who did not found the company should understand it is a possibility when they sign on.
robmcm on Feb 4, 2016 | parent | prev | next [–]
Any idea why paybyphone doesn't give you a list of parking locations near you?
I can only comment on the "early years" of the company (2000-2011). It was a business decision -- we felt we created more company value by applying limited development budget and effort to winning entirely new strategic customers (large metro centres, each with their own integration, payment, and back-office requirements that most people never see) than to adding more than core features to the user experience.
Naturally, every potential feature, once implemented, has ongoing costs and risks with respect to availability, data quality, maintenance, impacts on customer service, image, impact on our municipal customers, etc. We were a small, lean organization then. It's impossible to know if we struck the optimal balance; you're reasonable to ask!
I am now just another user of the service and I love it ... but in 2016, location-based everything is a reasonable expectation! Cheers. :-)
robmcm on Feb 5, 2016 | root | parent | next [–]
Yes I imagine most of the work was bureaucracy and integration. Nice work on the exit.
bigtunacan on Feb 4, 2016 | prev | next [–]
This is an interesting read and congratulations to you.
If I understand it correctly the app was pulling in $100,000 a year and required only an hour of maintenance per month? I'm curious why you chose to sell for $500,000 rather than continue with a long term revenue stream? Was there concern on your part that you could keep these revenue up in the long run?
IkmoIkmo on Feb 4, 2016 | parent | next [–]
He commented a few brief points:
He said he worries 365 days a year that he'll lose out somehow. He specifically mentions the dependence on Apple, e.g. if they change their search algorithm he may be fucked, and there's no independence there. He's small-time and has near zero revenue streams outside of the apple store. (he mentions the Android port being a failure).
About the Android port failure... he's saying Android makes him barely any money at all, but you can imagine he spent $10-20k on that at least last year.
The first year he did things like hire a studio to record an audio book. That may sound cheap, but a bible audio book is 70-75 hours long, and each hour recorded costs $300-600 (you could also do it for $200 or $800, but both aren't very typical). Even for low-quality, shortened books, it's still a significant expense.
He's got costs, the $100k isn't even operating profit, let alone net income.
For example, he mentions he increased his revenue from $75k to $100k from y1 to y2, but also lost money due to new licensing deals that cut deep into his margins, saying that he's not sure it was worth it.
Between a new revenue stream of which he doesn't think it was profitable, and a port to a new app store which he says generates practically non-existent revenue, it doesn't look like he's got the resources to singlehandedly build this out to a ridiculous cash cow. The $100k of course is awesome, but he's had to put in time to make it grow (inc. a brand new app, none of that he refers to when he says he has 1 hour of monthly work to sustain the app), some of these growth projects failed, and he probably invested quite a bit in the first place, more than the $500 he refers to as his initial investment.
After taxes and expenses I'd expect say $50k to be left as net income. I'd take $500k too, for sure. That $50k to say $75k tops he's netting per year, takes at least 8-10 years to beat a $500k lump sum that's reinvested. Now of course he has opportunities to grow the business, but here's the thing... if he grows the business, he's now working part-time or full-time, which carries a significant opportunity cost, too. And it's not without direct costs, either, like developing or licensing content. Further, in those 8-10 years everything can change, particularly the competitive landscape, the OP's purchaser probably would've bought another top 5 app and thrown resources at it.
In short, I think he did quite well with $500k but that's based on a lot of my assumptions and interpretations of his brief comments.
fencepost on Feb 4, 2016 | parent | prev | next [–]
I suspect there was also an element of "A big dog in Christian Media wants something like my app. I can sell to them or I can fight the new thing they'll build and cross-market."
By selling he gets a chunk of money in the bank (possibly less than he'd have earned over time and certainly less than Salem thinks they can earn with the app), but he also avoids a marketplace battle and he can go work on other things. Salem avoids having to develop a competing app and gets a significant and likely fast-growing installed base.
My suspicion is that both sides feel like they came out ahead - Trevor got a couple years of good revenue followed by a nice exit; Salem got a market-leading app that likely will prove popular in some global markets where smartphone usage or capabilities are likely to increase over the next decade - what are the forecasts for smartphone usage in Central and South America? Additionally, if Salem isn't already an international player, having a top-rated app may let them expand other operations to cover more international international markets without having to do a lot of risky physical investment or international marketing first to break into those markets.
jscheel on Feb 4, 2016 | root | parent | next [–]
There's something to say for his place in the market, but I think you are right. Salem has infinitely more capital to create a competitor. By selling, they don't have to deploy that capital, and he doesn't have to fight against competitors eating away his revenue.
CPLX on Feb 4, 2016 | parent | prev | next [–]
Five years is a really really long time in the "monetizing digital content" industry. Five years ago you could make an actual living off a semi-popular niche blog. The iPhone itself is only eight and a half years old. The idea of a "long term" revenue stream has to be evaluated in this context, irregardless of the other obvious fact which is that money today is worth a lot more than money in the future.
markdown on Feb 4, 2016 | root | parent | next [–]
> irregardless
You've got too extra letters there :)
ChillyWater on Feb 4, 2016 | root | parent | next [–]
I'm sure there is a clever internet name for it, but in the absence of that information, let's call it Chilly's Postulate:
"An online post pointing out a spelling error will inevitably contain a spelling error."
I like it. Even better that the name will inevitably be misspelled.
Chilly's Postulate
Chillys Postulate
Chillys' Postulate
Chillies Postulate
Chillie's Postulate
To be fair though, mine was an actual typo. I don't correct people when they make typos, that's just rude. I correct only with the goal to educate. Irregardless is wrong, even if it will eventually be made correct by mass acceptance by americans.
hguant on Feb 4, 2016 | root | parent | prev | next [–]
Sounds like an offshoot of Murphy's Law.
zem on Feb 4, 2016 | root | parent | next [–]
muphry's law, to be precise. [https://en.wikipedia.org/wiki/Muphry%27s_law]
nxzero on Feb 4, 2016 | parent | prev | next [–]
Trevor I believe explains in the post, that being often within M&A there's a window of opportunity to engage a party interested in buying a company or its assets. If he declined, it's possible he would have never received an offer as high as the offer he received and would have to hope the app paid out over the next 5+ years, which was 2x the duration the app had been at its current revenue, which had been consistent for 2.5 years.
rpgmaker on Feb 4, 2016 | root | parent | next [–]
It seems the app developer was dying for the thrill of selling his first company. Spanish media is growing, particularly in the US, so there's no reason to think his app sales were about to decline, at least not enough to sell his golden goose for a mere 500k. But congratulations to him on selling his first company.
nedwin on Feb 4, 2016 | root | parent | next [–]
This was not a zero risk business. There is no such thing as zero risk. He made a 5x revenue exit, a life changing decision.
Only someone with a time machine could calculate if his business would survive 5+ years it would need to take provide a similar return.
charlesdm on Feb 4, 2016 | parent | prev | next [–]
In short, capital gains. $100k at normal tax rates leaves you with $60k in the bank each year. $500k taxed at capital gains tax rates leaves you with (approx) $400k.
That means it would take you 6.5 years to make the same amount of money. Do you want to run an app for 6 years if you could get the money today + do something else? That $400k can start making 5-10% returns a year.. starting today.
blisterpeanuts on Feb 4, 2016 | parent | prev | next [–]
I had the same question, but I would suppose he just had his own reasons for wanting to sell.
The cool part of the story is that even though it took him seven frustrating months to close the deal, he was earning money every month. Theoretically, with that kind of revenue stream he could have dragged things out for months or years, and the buyer probably understood that.
A great position to be in, and to be so young, too. * envy * :)
flippyhead on Feb 4, 2016 | prev | next [–]
> Basically I spent 2 weeks convincing them to let me write this blog post!
And I'm grateful you did. This was very interesting to read. Thank you!
Sealy on Feb 4, 2016 | prev | next [–]
> My wife was out of town so to "celebrate" I treated myself to In-n-Out for lunch!
I love your frugal approach. You deserve everything you got. Nice to see how professionally you both handled the negotiations and it certainly teaches me the virtue of patience!
yohann305 on Feb 4, 2016 | prev | next [–]
What a great story! I want more stories like these. The author Trevor, really gave us so many behind-the-curtain information, at some point I even thought it was so much that he could get in trouble for it if the buyers read the story. (he mentions later in the post that he got it covered)
junto on Feb 4, 2016 | prev | next [–]
The joy of Streak, and the fact that they work remotely,
is that I could see them forwarding my email to each other.
You'll see in the map below that it was opened in multiple
locations, multiple times.
It's like sending a text to someone you're interested in
after a date, and knowing that they're talking to their
friends about how to respond. They're interested.
This doesn't always work obviously, but it gave me a ton of
confidence in the moment.
Interesting... Tracking people opening your app. I assume this tracking using a hidden image in the email?
frgewut on Feb 4, 2016 | parent | next [–]
"hidden images" don't work with most clients. I guess it was some link with a token they were clicking.
andyjohnson0 on Feb 4, 2016 | root | parent | next [–]
See [1] for a description of how the tracking works - scroll down to "So how does that tracking work?". It appears to use embedded links to message-specific 0-by-0 pixel remote images.
[1] http://www.ghacks.net/2014/02/22/can-streak-really-track-gma...
frgewut on Feb 4, 2016 | root | parent | next [–]
"Whenever a user opens the email without proper protection" is the caveat here.
peteretep on Feb 4, 2016 | root | parent | next [–]
Someone posted a site they'd built recently that would send you an email with all the nasty tracking tricks in them, and let you see which your client fell for. I was sad to see gmail choked on most of it.
sp332 on Feb 4, 2016 | root | parent | next [–]
Make sure to check that the IP addresses are yours. Gmail loads images to their own servers and then serves them to your Gmail UI from there, so trackers shouldn't get your actual IP.
garblegarble on Feb 4, 2016 | root | parent | prev | next [–]
I just tested gmail with emailprivacytester and it didn't fall for any of them (and only fell for the image tags when I clicked a button to allow images in the e-mail to be displayed) so they may have beefed things up in response to that site
rhaps0dy on Feb 4, 2016 | root | parent | prev | next [–]
Well, I am very happy to see that OS X's Mail.app with remote content disabled does not trigger a single one of them.
dannysu on Feb 4, 2016 | root | parent | prev | next [–]
I wrote a blog post about this for iOS apps: https://dannysu.com/2015/12/11/best-ios-email-apps-for-priva...
If you're on mobile, basically majority of the apps out there suck at this.
You need to turn image loading off by default and then Gmail, built-in Mail, and FastMail are the only ones that pass.
hotcool on Feb 4, 2016 | root | parent | prev | next [–]
No need to feel sad. People who use Gmail likely aren't concerned about privacy anyway.
porker on Feb 4, 2016 | root | parent | prev | next [–]
If anyone can identify the site peteretep mentions, eternal gratitude: I want to test it.
davecardwell on Feb 4, 2016 | root | parent | next [–]
https://emailprivacytester.com/ by https://news.ycombinator.com/user?id=mike-cardwell
rpgmaker on Feb 4, 2016 | root | parent | prev | next [–]
Didn't google started to host copies of images referenced in gmail a while back though? This should make this method useless for a lot of email addresses.
monsieurbanana on Feb 4, 2016 | root | parent | prev | next [–]
What about non-hidden images with a token?
x5n1 on Feb 4, 2016 | prev | next [–]
I don't see how any small time hacker agrees to any indemnification. It's not as if you could even if you wanted to even defend a small lawsuit (I don't know how much they paid him). So what's the point. If you are afraid of being sued, buy yourself insurance. You are a large company, that's something you can do. And it will actually provide you protection rather than a contract which I can not possibly fulfill.
roddux on Feb 4, 2016 | parent | next [–]
I was also rather confused at this. Why would he be liable for anything that happens with the app after it's been sold? Is this standard practise in such deals?
JabavuAdams on Feb 4, 2016 | root | parent | next [–]
I imagine it's the acquirer protecting themselves against due diligence oversights.
> Since the app performs so consistently and takes so little of my time (~1 hour per month) it needs to make financial sense to give it up…
Can I ask what you did with the rest of your time?
timsayshey on Feb 4, 2016 | prev | next [–]
There is a ton of opportunity in the christian media industry with huge markets. I hope more christian developers get involved and start making stuff that would help believers, missionaries, churches, etc. There are so many things to disrupt. For those that are interested and want encouragement or help finding ideas. I found a christian startup slack community http://thirdpathinitiative.com/christian-startup-community and there is also a really cool hackathon organization http://codeforthekingdom.org
misterbwong on Feb 4, 2016 | parent | next [–]
I'm interested in joining your community but there are a couple things that look like red flags to me about this.
1. It costs $25 to join the slack community. Is this normal?
2. The overview" page mentions all the things in the ThirdPath coaching process but lacks one important thing-how it has anything to do with Christianity. It reads like every other startup coach/bootcamp process.
Makes me think that this bootcamp is just targeting Christians because it's a big niche, not because you believe that there's truly a need for Christian startups
arsalanb on Feb 4, 2016 | root | parent | next [–]
No, it's not. Your religion doesn't affect how well your startup does, as you pointed out. This is just an unfortunate case of somebody using religion as a tool to sell you something you may not purchase otherwise.
This is against the Slack Terms of Service.
https://slack.com/terms-of-service Clause #6.7
timsayshey on Feb 4, 2016 | root | parent | next [–]
I wouldn't build a christian startup because there is something magic about the christian label. It might even fail. It's about personally believing in the mission of Christ and wanting to share the love of Christ through your gifts and talents.
Also I will reach out to Slack's team to find out about the ToS. If this is truly the case then many other slack communities are in violation as well :/
metanoia on Feb 4, 2016 | root | parent | next [–]
Agreed. It is much more important to embody Christ in how you run your business - how you make decisions, and how treat your users, employees, partners, and investors without shouting it from the rooftops.
My wife recently gave me this quote from St. Francis - "Preach the gospel at all times, and when necessary, use words." I think it applies here.
treebeard901 on Feb 4, 2016 | root | parent | prev | next [–]
I find it odd that someone would charge a fee to join a chat room. Doubly so if that chat room is meant as a way for like minded religious people to communicate. Is there at least an animated collection plate that comes up during the sign up process?
nkrisc on Feb 4, 2016 | root | parent | next [–]
Sounds like exactly the sort of thing someone looking to exploit religion to make money would do.
saryant on Feb 4, 2016 | root | parent | next [–]
I've seen a number of Slack rooms try to charge that had nothing to do with religion (nomads.io comes to mind).
arsalanb on Feb 4, 2016 | root | parent | prev | next [–]
In my opinion, you may want to drop the price tag on entry. It is widely looked down upon (eg — pay to pitch, etc) and will make you lose some credibility when it comes to discovering serious talent.
Also I feel bringing religion into business (which is essentially what startups are) is unwarranted. Don't get me wrong, but there is literally no correlation here.
You seem like a genuinely nice guy so I just dropped in my 2 cents, and yes, you should reach out to Slack. Best of luck, mate!
timsayshey on Feb 4, 2016 | root | parent | prev | next [–]
Great feedback, but I don't own it, I just found it on google. Also, charging a one time fee to join is actually really common for Slack communities (ie hashtagstartup.co). It keeps out people that aren't serious or want to spam.
misterbwong on Feb 4, 2016 | root | parent | next [–]
Ah, good to know.
BoppreH on Feb 4, 2016 | parent | prev | next [–]
> I hope more christian developers get involved
According to the Business Insider article[1], Trevor McKendrick is atheist:
Though McKendrick doesn't have to think about money, his
booming Bible-selling business does have him worrying
about one thing: his morality.
See, McKendrick isn't exactly a believer in his product.
"We don't believe in Christianity," he told Blumberg. "We
don't believe in the Bible."
"I would describe myself as an atheist."
[1] http://www.businessinsider.com/atheist-makes-100000-selling-...
Thanks for sharing and clearing that up, but this actually validates my overall statement all the more. We need real christian developers and there are so many opportunities to have a huge impact for the kingdom!
adventured on Feb 4, 2016 | root | parent | next [–]
Why would there be a specific need for Christian developers? Sure looks like an atheist can do just as good of a job.
GFK_of_xmaspast on Feb 4, 2016 | parent | prev | next [–]
On the one hand, Christ was the original " (╯°□°)╯︵ ┻━┻) ", on the other hand, consider what He was disrupting in the first place.
travisty on Feb 5, 2016 | parent | prev | next [–]
There isn't much interest because for the most part, intelligent people don't devote themselves to things that can easily be proven false such as religion.
kdamken on Feb 4, 2016 | prev | next [–]
This was actually a really fascinating article. It was cool to read what it's like when you finally hit it big. I have a lot of respect for your negotiating as well. It's hard enough keeping that up during the interview process for a job, I can't image doing it for six months, for that much cash.
Congrats on your success man.
robbiet480 on Feb 4, 2016 | prev | next [–]
This was an excellent read giving a great insider look at an acquisition from the seller side
bpicolo on Feb 4, 2016 | prev | next [–]
That full page ad on first load is incredibly annoying
giarc on Feb 4, 2016 | parent | next [–]
I thought I had clicked on the wrong link.
titomc on Feb 4, 2016 | prev | next [–]
@Trevor, Curious to know how did you get hold of the content for the Bible App. Did you purchase it or compiled it on your own ?
nkrisc on Feb 4, 2016 | parent | next [–]
The first comment on his blog post actually asks that.
Q: Yen Tan > I'm very curious – isn't there copyright on the bible/ translated bible? How did you deal with that?
A: Trevor > Great question. The first first I used was in the public domain. I also sold other versions later as in-app purchases, but I licensed those from their respective copyright holders (i.e. Biblica and The American Bible Society)
wtbob on Feb 4, 2016 | prev | next [–]
> A few more emails/phone calls laters (this became a theme) they finally made their first offer. It was around 3.5x revenue.
Is this the standard opener now? Also, is that 3.5 annual or monthly revenue? For centuries I believe that 20x annual revenue has been a rule of thumb for properties, companies &c.
vinceguidry on Feb 4, 2016 | parent | next [–]
I think online properties are generally worth less because they take less time to cultivate and build. Also while their earning potential might be solid over the short term, over the long term it's not so easy to gauge.
His Bible app is obviously different than most such properties, which is why he was able to bump up the offer. But still, if the app landscape changes, that can make their purchase worthless overnight. So you have to price that into the offer.
prawn on Feb 4, 2016 | root | parent | next [–]
Some online properties are valued at 17-20x monthly revenue. This guy did fine!
raverbashing on Feb 4, 2016 | prev | next [–]
I wonder where did he got the Bible text from though? Was it a public domain translation?
workitout on Feb 4, 2016 | parent | next [–]
You can get it free here: http://www.gutenberg.org/ebooks/10
There is an aspect to be considered about making money on this topic.
hugi on Feb 4, 2016 | parent | prev | next [–]
There are quite a few versions of the bible in the public domain - http://christianity.stackexchange.com/questions/16377/what-m...
lucozade on Feb 4, 2016 | parent | prev | next [–]
Trevor answers a question on this in the blog.
He says that the first one he sold was PD but he also sells others as in-app purchases that are licensed.
novaleaf on Feb 4, 2016 | prev | next [–]
can anyone give advice on what a reasonable indemnification clause would be? (reasonable for both parties)
OldSchool on Feb 4, 2016 | parent | next [–]
I'm surprised this isn't more discussed in the comments. It's a major element to consider when you're selling your business. He correctly identified it after all, as a potential deal breaker.
You're selling something, so in an acquisition you will have to represent and warranty what you actually own and you're selling. This sounds simple on its face, but technology isn't nearly so well-defined and legally sorted as, for example real estate.
In software, even if you are 100% certain you can transfer all of the code and there are no potential content copyright issues or latent prior agreements by yourself or other sellers, current/former employees who think they own something, etc, you still have at a minimum, a hard-to-quantify "Sword of Damocles" in the form of thousands of potential patent claims hanging over you, trolls or not, it doesn't matter in a sale. As in business itself, the bigger the money involved, the more visible you become to potential claims.
A publicly-traded buyer is likely to be less flexible on terms, but in any case you as a seller have also to consider that in a sale, you're most likely going to be forced to shift liability from your corporation to yourself personally. If you're prudent, as this seller was, you realize this creates a time period increased personal risk, despite your increased assets. Keeping this period as short as possible and limiting its scope and magnitude is your objective.
A few limitations I can vouch for making it past public company scrutinity are 1. any dispute costing less than $X are not your responsibility. 2. a maximum liability limitation equal to the purchase price in cash / shares (in case share prices drops) 3. a time limit of two years or less. 4. escrow of a portion of the purchase consideration (shares and/or cash) as a warranty cap for the duration of the warranty, perhaps with release/reduction over time. The tax treatment of this arrangement would have to be considered carefully.
Finally, it's worth noting that insurance for an acquisition deal may be available from big name insurers, likely for some low single-digit percentage of the deal value. However, their legal department will undoubtedly be more sophisticated in this area than your counsel, so at its worst insurance gives you little more than a contract with an insurance company over which to sue, likely at great cost.
Overall, as lawyers always say, "it depends." Unless the deal and/or your resources are immense, likely it is a problem with no risk-free solution. If you're young and have nothing to lose, risk is an easier choice. For everyone else, all you can do is optimize based on present knowledge.
shostack on Feb 4, 2016 | root | parent | next [–]
So assuming you get a short time limit of <2yrs, would it be smart to stick it in a low risk account somewhere and not touch it until that term is up? Or was that the intent of the escrow?
OldSchool on Feb 6, 2016 | root | parent | next [–]
I'll suggest that the escrow route is an alternative to agreeing to indemnification in a simpler form; I can't imagine a situation where having both would be of benefit to the seller at least.
I think ideally escrow would nicely encapsulate risk for a seller and ramp it down over time. When applied to cash it could create tax issues if a payment is recognized as income in one tax year and only becomes available in a subsequent year. For shares received by exchange for existing shares structured as a merger, this is likely solvable. If a selling party holds only stock options though and is issued shares on closing, again, my initial guess would be that would be deemed a "taxable event." Another aspect of escrow is that it eventually requires sign-off from the buyer to release it to you, effectively giving them control of your proceeds that they might attempt to exercise outside of the original intent of the escrow.
So, as for handling your windfall during the indemnification period, yes, purely the simplest approach would be to hold the proceeds in the most risk-free way until your indemnification period ends.
This is however, again complicated at least by tax implications if you need some of the money to pay taxes due on cash received in the closing.
Furthermore, there is a strong argument for using some cash to hedge against a decline in the value of shares received (if any), simplistically illustrated by purchasing put options on the acquiring company's stock, since you're forced to hold it throughout some inevitable lockup period. Put options on a reasonably closely-correlated financial instrument might also be viable if the acquiring company isn't so large as to have an active options market, since public stock prices seem to move broadly, barring any company-specific failures.
To put some entirely fictional numbers to the hedging argument, imagine you're obligated to sit on $10M worth of public stock for two years and you could spend $250K cash today to gain a significant level of protection against a drop in the share price. After your two-year wait, you either have $10M or more in stock if the price held or rose ($250K is gone but you spent it on insurance of a sort) or perhaps the stock dropped 80% and you now have $2M in stock but another $4M made back from the put options you bought, so while $6M pre-tax isn't $10M, it's a lot more than $2M.
bpg_92 on Feb 4, 2016 | prev | next [–]
Congrats!!! I got a small app and some ideas, stories like this make me want to pursue this fultime.
aprdm on Feb 4, 2016 | prev | next [–]
Thanks for writing this! Really good article.
seibelj on Feb 4, 2016 | prev | next [–]
1 hour of work per month, $100k per year, each hour of his time was worth nearly $10k. Cool story but I never would have sold. This is the ultimate side business.
$100K revenue != $100K profit.
rpgmaker on Feb 4, 2016 | parent | prev | next [–]
It's crazy, he was dying to sell his first company. Vanity makes us do crazy things.
cpwright on Feb 4, 2016 | root | parent | next [–]
He has 0 risk once his check for $500K clears. Every month he keeps the app there is a risk that something goes wrong; and that 1 hour a month probably doesn't include time that is spent thinking about those things going wrong. Getting the money all at once reduces his ongoing cognitive load.
infinite8s on Feb 4, 2016 | root | parent | next [–]
Well, except for the stuff he indemnified them against.
prawn on Feb 4, 2016 | root | parent | prev | next [–]
He return he got was excellent. Definitely the right move to sell.
ericjang on Feb 4, 2016 | prev | next [–]
This was a great read. Congratulations!
bambax on Feb 4, 2016 | prev | next [–]
> 8. If there is any content in the app who wrote it?
Err... God?
pbhjpbhj on Feb 4, 2016 | parent | next [–]
God wrote it with His Spirit in the hearts of the believers and they provided a translation in to [mainly] Hebrew and Greek, those that have translated those translations then created new copyright works (NASB, NIV, NKJV, ESV, Vulgate, etc., etc.). I think it's these later translators the question is concerned with.
For example News International owns Zondervan who own the NIV copyright; I wish that those who got together to write the NIV (one of the most popular English language translations) would have used a CC license.
LaBiblia on Feb 4, 2016 | prev | next [–]
[flagged]
chrisan on Feb 4, 2016 | parent | next [–]
Is "winnings" the right word here?
Seem like he solved a problem people were willing to pay for http://trevormckendrick.com/my-first-year-in-the-app-store/
tbirdx on Feb 4, 2016 | root | parent | next [–]
In English it is not, but in other languages, such as French, "winnings" is indeed how to say "earnings".
mcphage on Feb 4, 2016 | parent | prev | next [–]
Did I miss the part that said he didn't tithe?
sixQuarks on Feb 4, 2016 | parent | prev | next [–]
Correct me if I'm wrong, but isn't this guy agnostic? I believe he created the app as a business opportunity, not that he is practicing Christian himself.
putaside on Feb 4, 2016 | parent | prev | next [–]
My grandmother was part of a church that heavily depended on gifts. The priest would send her envelopes with 10 cents in them. You can't really buy anything with 10 cents, but you sure feel bad when you spend it. So she would usually send back 1010 cents (10$ and the original 10 cents). Don't know why I am telling you this, but that is a hell of a fundraising effort.
The customers that would buy a bible-app are the same who would gladly donate to their church. Indirectly this app may have already contributed its "winnings" back into the community. Maybe someone got inspired by reading the bible-app and did a good deed or grew spiritually. How is that for a winning!
The biggest Christian publisher in my country has been sending take-down notices to websites offering bible texts for free (vs. their paid access). They rather see money than people strengthening their faith. Mull on that for a while.
noir_lord on Feb 4, 2016 | parent | prev | next [–]
Yes because Churches don't have enough money already.
wyclif on Feb 4, 2016 | root | parent | next [–]
Most churches don't have enough money to fund their ministries.
noir_lord on Feb 5, 2016 | root | parent | next [–]
Cry me a river.
I'm not crying, pal. I'm responding to a false assertion. Deal with it.
Which church made this possible? Several versions of the bible are public domain, he licensed the versions that weren't. Unless a church helped him write the app he owes them nothing.
incepted on Feb 4, 2016 | parent | prev | next [–]
He just sold them an app worth a lot of money, why would he give more?
Besides, churches already make enough money as it is.
churches already make enough money as it is
No, actually they don't. Let me explain why. The vast majority of churches are very small and underfunded. They are not at all like Joel Osteen's Lakewood Church, or some kind of megachurch. Many of them struggle to fund ministries, and don't pay their clergy and staff much at all.
eckza on Feb 4, 2016 | root | parent | prev | next [–]
Account created 50 minutes ago; comment posted 47 minutes ago.
Someone's feelin' salty.
Someone's a troll. Plain and simple. That kind of comment is why visible account creation dates matter.
incepted on Feb 5, 2016 | root | parent | next [–]
Why does the account creation matter? Because the point made bothers you so you'd better discuss the personality of the person who made them?
Address the topic, stay away from ad hominem.
Besides, my account is 209 days old.
It's not an "ad hominem" to observe that accounts with low-quality comments are new.
You attacked my comment based on your misperception of my account. It's the definition of an ad hominem.
That's not what an ad hominem is. It's Latin for "to the man." It means an argument directed against a person rather than the position they are maintaining, which is not what I did at all. I argued against your false assertion that "churches already make enough money as it is" by pointing out that it's abundantly clear that not all of them do.
Also, it's not a "misperception" to observe the reality that your account is new, and that your comment is essentially thinly-veiled trolling.
209 days is "new" to you?
Why does it even matter how old the account is?
To someone whose account is 2961 days old? Yes.
incepted on Feb 5, 2016 | root | parent | prev | next [–]
What are you talking about? My account is 209 days old.
At any rate, ad hominem are not welcome on HN. Address the topic or say nothing, it's a waste of time to speculate on the author.
itaysk on Feb 4, 2016 | prev | next [–]
Very interesting!! thanks for sharing
pklausler on Feb 4, 2016 | prev | next [–]
Another app idea for making money off Christians: the Rapture Alert, which would set off an alarm if a configurable proportion of its users suddenly vanish.
overcast on Feb 4, 2016 | prev [–]
$100,000 a year doing basically nothing, and you sold it for basically nothing. They made the deal of the year, and you lost out big time. I applaud this guy for creating something popular, and monetizing it well. But that is up there with one of the worst self offs I've ever read. With only $500,000 now you're on the five year crunch to get a new product built or find a new job.
sixQuarks on Feb 4, 2016 | parent | next [–]
There's no guarantee that app would continue doing $100k a year - competitors pop up, platforms change, economy collapses, you name it.
I think he did alright.
overcast on Feb 4, 2016 | root | parent | next [–]
So rather than a chance that something may happen, you've guaranteed nothing will. The app could have just as well doubled its revenue. Selling out such an absolutely minimal work involved app is not worth the chance that the "economy collapses". Spend all that free time setting up apps on all platforms. You don't get anywhere without taking chances.
rconti on Feb 4, 2016 | root | parent | next [–]
$500k is nothing to sneeze at. Some folks get too wrapped up in how important they THINK their business (or stock options, or whatever) should be worth or might be worth.
Rather than valuing them at what they're ACTUALLY worth.
sixQuarks on Feb 4, 2016 | root | parent | prev | next [–]
He has actually guaranteed that he will make $500,000. If that's nothing to you, then you're doing really well, congrats.
kleinsch on Feb 4, 2016 | root | parent | prev | next [–]
It's not a risk that the economy collapses, it's a risk that his app isn't the #1 search result for Spanish language bible in the App Store. Given the nature of App Stores, he's one Apple search algorithm change away from making $0/month. Someone else could launch a free app that provides the same content and features and make his paid app irrelevant. Five years worth of revenue is a lot compared to that risk.
He also launched an Android version and it didn't blow up like the iOS version.
matheweis on Feb 4, 2016 | parent | prev [–]
... a 5x multiple is nothing to laugh at. I wish I could sell my autopilot side project for a 5x multiple.
eric_h on Feb 4, 2016 | root | parent [–]
Sounds like it was actually a 10x multiple of his profits.
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UK's Bluesky acquires US aerial survey company Col-East
March 15, 2017 - By GPS World Staff
British aerial mapping innovator Bluesky International is expanding its business into North America following the acquisition of Col-East Inc., a Massachusetts-based aerial survey company. Col-East has been mapping the Northeast United States for 65 years and will continue as Col-East International Ltd., forming the U.S. arm of Bluesky.
Founded in 1952, Col-East has a long-established reputation for high-quality topographic mapping with particular expertise in specialized aerial surveys, such as high-precision aeronautical mapping requiring skilled analysis. Bluesky has seen an increase in the demand for specialized large-scale mapping, 3D modeling and feature extraction in recent years in the European market, and the company intends to apply these skills to the expanding U.S. market.
Bluesky has improved on aerial mapping techniques in the UK in recent years, backed by the latest digital cameras and 3D laser mapping technology. The Leicestershire-based company will not only be equipping Col-East aircraft with the latest digital aerial surveying equipment, including cameras and sensors for laser (lidar), thermal and infrared capture, but will also be building on the existing technical and experienced Col-East skill base by introducing new workflows and image-processing techniques honed in the competitive U.K. and European markets.
"Britain has a long tradition as a pioneer in mapping techniques, and the Bluesky team was behind the creation of what was the world's first nationwide high-resolution aerial photo map, created back in 1998," said Rachel Tidmarsh, managing director of Bluesky International Ltd. "Since then, we have developed new systems and techniques that are underpinning advances in environmental and 3D mapping, and we will be introducing these advancements to the U.S. market with the acquisition of Col-East."
As well as topographical mapping and aeronautical work, Col-East offers a range of aerial imaging services such as the production of terrain models, orthophotos and volumetrics, providing cost-effective mapping solutions from estates to development sites and complex transportation corridors.
Col-East owns a huge archive of aerial photography that has been captured over many years and dates, back to 1946. Col-East will gain immediate access to Bluesky's proprietary technology used in the development of some ground-breaking derived products, including 3D building modeling, tree mapping, air quality mapping and state-wide solar power potential mapping. Products will also be available to purchase through the new Col-East online Mapshop, which will be launched soon.
"It's a very exciting time for Col-East," said Mark Thaisz owner and general manager at Col-East. "Bluesky is bringing significant investment, new technology and added resources that will allow the business to expand freely. Already we've equipped our aircraft with a new Vexcel UltraCam Eagle survey camera which offers high accuracy and unsurpassed clarity to bring a whole new edge to the aerial survey market in New England."
Airbus reminds pilots what to do when GNSS interference hits
Marine vessels to use Oceaneering C-Nav positioning
Silent Falcon UAV surpasses 500 hours of flight test time
Allystar launches dual-band multi-GNSS module TAU1202/TAU1205
This article is tagged with acquisition, Bluesky International, Col-East Inc., mapping, survey and posted in Latest News, Mapping, Survey
About the Author: GPS World Staff
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All the flyers are made in photoshop and are fully layered, so you can easily change colors, backgrounds, images, text effects etc. in no time. If you don't want to change these design then again its ok with us, you can use them as it is. All the images below are linked directly to the .psd file which can be downloaded and used as per needs.
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Home » News » FlashBytes » GWAR to Destroy Literary World as Well…
GWAR to Destroy Literary World as Well as Actual World with Release of New Book
Let There Be GWAR is a comprehensive, behind-the-scenes history of the most outrageous shock rock band of all time. GWAR fans will cherish this oversized hardcover book chock full of fascinating first-hand accounts and rare, never-before-seen photographs. The book follows the band from the mid-1980s, known in GWAR lore as the "Dim Time," when the group came together at a derelict dairy building in Richmond, Virginia, through the 1990s and 2000s, when the band spread across the face of the planet like a plague. This book is a record and testament to all that is GWAR, the band who redefined the meaning of performance in rock music with their outlandish costumes and intense theatrical performances.
A GWAR show is more than just a rock concert; it is an immersive, one-of-a-kind experience featuring hilarious storylines, absurd live gore effects, and hundreds of gallons of blood and other fluids sprayed on an eager audience. Let There Be GWAR takes you backstage at these performances, providing a tour of the GWAR kingdom via photos, band posters, ephemera, production sketches and interviews that chronicle the band's albums, comics and videos in a blood-stained, hardbound tome. Bohabs the world over will delight in the wretched world of GWAR through the pages of this, the most monstrous book since The Necronomicon.
The hardcover book is over 350 pages, with a lenticular cover, and features 30 years of GWAR and Slave-Pit Inc., the production company behind the band.
The book was compiled by Bob Gorman and Roger Gastman.
Gorman began working with Slave Pit and GWAR in 1988. Today he serves as secretary, shop foreman, performer and visual artist for Slave-Pit. He began GWARchiving GWAR and Slave-Pit history in 1997, and this book is the result of that effort.
Gastman, the self-proclaimed "curator of culture," was the brains behind the infamous While You Were Sleeping and Swindle magazines, has packaged over 3 dozen books for small publishers, curated gallery shows at MoCA, the Corcoran, and countless other spaces, and has produced or worked on several documentaries concerning Graffiti or subculture in general.
For you Ultimate Bohabs, there will be a limited number (150) of books hand signed by the members of GWAR. These copies cost $100 and you can pre-order yours HERE. They are expected to ship late August/early September.
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Texas Lawmakers Look To Improve Police Transparency In Response To HPD Narcotics Audit
The announcement came after more officers were charged in connection with a fatal drug raid and the Houston Police Department released an audit of its narcotics division.
| Posted on July 2, 2020, 2:34 PM (Last Updated: July 2, 2020, 3:43 PM )
State Rep. Gene Wu, D-Houston, speaks to press outside of 7815 Harding St. on July 2, 2020. Wu said the state legislature would draft legislation in response to an audit of the HPD narcotics division, which came under fire after the deadly Harding Street raid in 2019.
State lawmakers on Thursday announced they would prepare new police oversight legislation, one day after the release of an internal Houston Police Department audit of its own narcotics division in the wake of the deadly Harding Street raid.
State Rep. Gene Wu, D-Houston, said he is working with state Sen. Paul Bettencourt, R-Houston, to prepare legislation that would require any government agency to release audits and reports to the public and include other measures to ensure transparency.
"These are reports generated with public money about a public agency, they belong to the public," Wu said at a press conference with other area lawmakers and attorneys for the family of Rhogena Nicholas and Dennis Tuttle.
Both Nicholas and Tuttle were killed in a botched drug raid last year, and six former officers have been charged in connection with it, including one, Gerald Goines, with murder.
The news comes just one day after HPD tweeted out an internal audit detailing a slew of errors made by officers and supervisors in the department's embattled narcotics division. The audit found 404 errors in 231 investigations involving Goines and former officer Steven Bryant alone. The audit also found hundreds of errors in two additional drug enforcement squads.
The audit was released in response to a series of stories published by the Houston Chronicle.
The legislators' announcement also came a day after Harris County District Attorney Kim Ogg announced new charges against Goines, Bryant, and four additional retired HPD personnel related to last year's Harding Street raid. Most of the retired officers are charged with lying on official documents.
State Rep. Bettencourt said in a statement posted on Twitter that he asked to see HPD's audit in March but didn't receive it until June 26.
Also on Twitter – along with posting the full audit report – Houston police Chief Art Acevedo said the DA's office asked them to withhold the audit as recently as last week, which the DA denied.
Wu called the HPD audit a "joke" and criticized Acevedo.
"It's just a cover for him to say, well, we did enough. We took care of it, it's fine,'" Wu said. "But in fact, the report tells us it's not fine. It doesn't say what they're going to do at the command level to fix this problem and prevent this from ever happening again."
Wu said that lawmakers would take in recommendations from the report and consult with law enforcement experts in drafting the legislation.
State Rep. Jon Rosenthal, D-Houston, said he is disappointed that it took so long for the Houston Police Department to release the audit.
"What we see on this internal audit, performed by the department investigating itself, is we just get a tiny little peak into the systemic issues that this department has," he said. "And it really points to the need for external oversight."
Additional reporting by Paul DeBenedetto. Read the HPD narcotics division audit below.
KHOU / Pool Footage
Criminal Justice Houston NewsArt Acevedo dennis tuttle Gene Wu Houston Police Department hpd Kim Ogg Paul Bettencourt Rhogena Nicholas Texas Legislature
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Business Reporter
Florian Martin is currently the News 88.7 business reporter. Florian's stories can frequently be heard on other public radio stations throughout Texas and on NPR nationwide. Some of them have earned him awards from Texas AP Broadcasters, the Houston Press Club, National Association of Real Estate Editors, and Public Radio...
Despite Pandemic, 2020 Was Record Year For Houston Home Sales
COVID-19 Brought More Profit, New Challenges To Texas' Funeral Industry
Pasadena Police Officers Shoot, Kill Man Suspected Of Car Theft After Chase


A versatile and ultra-customisable Hatchback, Citroën C3, stands out due to its unique design, uncompromising comfort and useful technologies. The Collector's Edition Citroën C3 Origins continues this trend by offering a unique specification, full of character from the Citroën brand.
The exterior includes bronze graphic elements', echoing the double herringbone gears of the chevrons. An exclusive bronze Origins Colour Pack is found both around the fog lamps and on the Airbump®. On the tailgate a reminder of the Origins codes is displayed next to the C3 model badge.
The dark tinted rear windows and 17" Black "Cross" alloy wheels affirm the style of this edition. There is also a signature 'Origins since 1919' sticker affixed to the front doors.
Citroën C3 Origins* is enhanced with driving aids and safety equipment such as Active Safety Brake, Intelligent Beam Headlights, Citroën Connect Nav with Citroën Connect Box, and Rear Parking Aid.
Everything you need to make your daily life easier.
* This Collector's Edition is based on the Feel trim level.
Over the last year, C4 Cactus Hatch has brought a breath of fresh air to the hatchback segment with its unique character and benchmark levels of comfort. This comfort is achieved using two major innovations: Suspension with Progressive Hydraulic Cushions® and Advanced Comfort Seats to offer unparalleled driving comfort.
Citroën C4 Cactus Hatch surrounds its occupants in a real cocoon of comfort, comfort that has been developed and improved by Citroën over its 100 years. When we look back, the legendary DS of 1955, can trace its ancestry to Traction Avant with its revolutionary four-wheel independent suspension and front-wheel drive layout. Later in the 70s, Citroën GS also excelled thanks to its modern style and intelligent technology, including hydropneumatic suspension, all leading to GS being crowned Car of the Year in 1971.
On the outside, this compact hatchback features several bronze-coloured graphic elements in reference to the double herringbone gears that inspired the chevrons and the "Origins since 1919" signature which signifies the affiliation with the 100 years of the brand.


Building and maintaining a profession that is relevant to professional accountants in business, trends affecting the finance function, the UN Sustainable Development Goals, and accountants in business perspective on audit quality, risk management, and integrated reporting were some of the topics debated at the recent IFAC Professional Accountants in Business (PAIB) Committee meeting.
The Committee, made up of an international group of PAIB thought leaders from IFAC member organizations, met in New York March 30-31 for its bi-annual meeting chaired by Charles Tilley, Chartered Institute of Management Accountants Chief Executive.
Meeting highlights, outcomes, and recommended actions are available online. Insights from the meeting will help raise awareness of emerging trends, challenges, and opportunities affecting the accountancy profession and PAIBs across the globe, and will help the global profession coordinate activities. IFAC plans to issue a similar post-meeting output following each PAIB Committee meeting.


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Double take: The great civil rights lensman who was an FBI spy
Ernest C Withers led a double life, but the question over his dedication to black liberation is not cut and dried
Marc Perrusquia
The Rev Martin Luther King jnr sits in a church basement surrounded by a small circle of men in folding chairs. He looks pensive and uneasy – legs tightly crossed, his chin resting ever so slightly on the back of his hand as if lost in thought.
This could have been a scene from a Sunday prayer meeting or a glum visitation before a parishioner's funeral. But the tension in the soft shadows and the men's anxious expressions evokes something far more momentous. Indeed, King was preparing for a high-stakes press conference. It was 1966, and he was deeply troubled by the recent shooting of James Meredith, the black activist who'd famously enrolled at the all-white University of Mississippi four years earlier and who now lay in a Memphis, Tennessee, hospital in grave condition.
The gritty, fly-on-the-wall picture was taken by Ernest C Withers, one of the most celebrated photographers of the civil rights era, and it appears among two dozen of his signed prints now on display at the Michael Hoppen Gallery in London. The exhibition, Ernest C Withers: Civil Rights and the Memphis Blues (https://www.michaelhoppengallery.com/exhibitions/192/overview/), includes classics Withers shot over a 60-year career documenting culture and music in the American south. James Brown, Tina Turner, Ray Charles and Elvis Presley all appear in the collection, alongside photos of King and other leaders of the black freedom struggle – timeless gems made possible by Withers's incredible access as a trusted civil rights movement insider...
Historic Stonewall riots still hit veterans like ...
Beyond the ANC: how youth is finding its ...
Sharpeville was horrific. Let's not shroud it in ...
iSpy: the Israeli firm in the business of getting ...
Spies in paradise: Hollywood dives into 'Zionist ...
Sorry, Taylor Swift, your label's a gold mine – best you 'shake it off'
By Sophie Smith
What if Yesterday never happened? The world without The Beatles


Ergonomic GPS enabled SmartSoles shoe insoles help keep track of those with memory impairment. They slide into shoes and feel like regular insoles. Loved ones can be tracked unobtrusively to retain their privacy and dignity. Cellular technology within the SmartSoles enables connectivity in the U.S. wherever 2G T-Mobile and/or AT&T GSM coverage is available. A battery life of 1 to 2 days with normal use ensures connectivity during emergencies. SmartSoles tracking can be viewed for a computer, tablet, or smartphone and a mobile app is available.