Sunday, November 11, 2018
Saturday, November 10, 2018
hiking on AT Roller Coaster in a sunny cold day
I got a good workout today hiking along the Roller Coaster of the Appalachian Trail one way for 14 miles (22.5 kms) with 3000 feet (915 meters) elevation gain in 30f (0c). Nice to see blue sky in a sunny cold day. We got a slow new hiker, one injured hiker, three lost & found hikers, and a 14-m shuttle along route 601 (which was the old Appalachian Trail). But for the delay caused by the new hiker, I could have a nice winery stop with my carpools. By the way, we passed via the horse country and ran into the traffic of a high society hunting on horses event.
Wednesday, November 07, 2018
Fall 2018 Inova Discovery Series
I attended Fall 2018 Inova Discovery Series : Early Stage Investing in
Health Technology conference for healthcare startups. INOVA healthcare
system acquired the ex-Exxon Mobil campus on Gallows Road at a bargain
price to provide spaces for a cancer center and a conference center
while they don't pay FX property tax under its nonprofit status.
According to Wikipedia, its revenue was $2,699 million and has 17,396
employees in 2014. One person I met in the conference told me that
healthcare industry will be bigger than the oil industry.
Saturday, November 03, 2018
19-m Foliage hike
I seized the end of foliage in the Shenandoah National Park with a
Meetup group today, when hiking the scenic Mt. Marshall and Bluff Trails
for 19 miles (30.5 kms) with 3500 feet (1066 meters) elevation gain. It
felt nice and cozy to hike in the sun, yet windy at times.
Thursday, November 01, 2018
Thursday afternoon biking drama
I took Thursday afternoon off and planned to take advantage of the 75f
(24c) weather to bike 50 miles (80km) out and back from Reston to
Percerville, but ended up only did 35 miles (56km) due two flat tires.
The first flat tire was caused by my over-forcing the bump from the tire
valve, and the 2nd flat tire was caused by a pinch to the newly
installed tire by a bike shop. I was stained 4 miles out from the bike
shop, so one kind lady who works for REI volunteered to ride to the
shop to ask for help. Another kind biker Mike helped to replaced my
rear tire to ride back to the shop before the shop staff showed up.
Anyway, I still rode back to the shop and had them install another new
tire properly and free for me (including taping the wall of the tire).
After all the wasted time, I only rode 35 miles as the wind picked up
and the temperature dropped. I am considering switching to the new-tech
tubeless tyres, which will never get flat.
Saturday, October 27, 2018
Halloween SPOOKTACULAR hike/potluck
I enjoyed wonderful Halloween SPOOKTACULAR hikers potluck after 13 miles
(21 Kms) 2000 ft (610 meters) gain hike along the Bull Run Occoquan
Trail. Thanks to Karen kindly organizing the event and every hiker
showed up with smiles, costumes, and delicious food. My bank robber
costume was too dark to photo inside the picnic shelter.
Thursday, October 25, 2018
seminar on company exit strategies
I rushed into Tysons Corner to attend a seminar on company exit strategies, especially What CEOs and CFOs Need to Know (and Do), sponsored by a business consulting firm, a law firm and a financial firm. 2/3 of company exits via private equity in 2018 so far. They suggested preparing for company sale: at least two years prior to selling a company, such as moving primary residence to a no income-tax state (e.g., Florida), using non-taxable benefits (e.g., equity appreciation rights, phantom stocks, etc.) to retain key-personals via the sale, asset sales instead of stock sale (unless government contact companies), appraising high value for goodwill for the buyer to amortize 15 years, getting buyer insurance cost @ 1-2% sale value instead of seller indemnification, etc.
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