Closi

46 ms·

841.
by Closi 4y ago
I think we also enjoy playing with other peoples fun passion projects. It’s different playing with something that someone built because they wanted to build it and it was fun, rather than them having some sense of commercial gain. See: indi
842.
by Closi 4y ago
It wasn’t me who originally used market cap as a proxy for potential…
843.
by Closi 4y ago
As a follow on point to my other reply comment on review, the comparable stock on that list is Google - and the graph probably shows that the market actually underestimated Meta's 'potential' compared to Google. 2010 Meta &#x
844.
by Closi 4y ago
Plot the graph again but instead of comparing them to Apple and Netflix try comparing them to Johnson & Johnson and Porche.
845.
by Closi 4y ago
They aren't really in the same market though - so it's comparing apples and oranges. I get comparing Meta against Google, but why would we compare Meta against Apple? They are fundamentally different businesses.
846.
by Closi 4y ago
Meta is in the advertising business - why would we say they are they trailing Apple, Amazon and Microsoft? I don't really understand why we are comparing a company who develops social media applications and generates advertising revenu
847.
by Closi 4y ago
I can personally see a difference in the definition of ‘intelligence’ on HN to when I speak to people I socially interact with day to day. On HN intelligence is often seemed to be defined as more about new and novel thought / invention
848.
by Closi 4y ago
I think here we are correlating the size of the input and output here with the size of the machine in the middle that creates it. It's kind of like saying "Why would the factory creating tiny processors for phones (with only tiny
849.
by Closi 4y ago
> gwbasic had a function to relabel all the lines. And the labels skip by 10 numbers exactly for the purpose of inserting lines. Then when you had hit the limit you'd ask the computer to relabel them in steps of 10 again. gw-basic w
850.
by Closi 4y ago
Worth also noting the sort of wild limits with Basic too that are partially responsible for the code being spaghetti, including effectively an inability to add new lines in the code without adding a goto between previous statements.
851.
by Closi 4y ago
That’s just when two or more people get together to plan a crime - obfuscation isn’t the offence, the offence is the joint planning and intention to commit a crime.
852.
by Closi 4y ago
Well it is a crime to use it for obscuring illegal money, while it is not illegal to use Tor for obscuring illegal internet traffic
853.
by Closi 4y ago
Intentional consealment of illegal internet traffic isn't a crime (the crime is just the crime). Intentional consealment of illegal financial transactions is a crime in-and-of itself (the crime is money laundering, which is a seperat
854.
by Closi 4y ago
I'm not OP, but when I experienced due dilligence the thing I found counter-intuitive was that 'looking really good at everything' isn't actually the best approach. As an example - it might be better that the company doi
855.
by Closi 4y ago
> Lawyers are lead by Senior lawyers You could argue that Lawyers are lead by their clients in the same way that Engineers are led by their end users / PMs. The difference is that in the Doctor & Lawyer examples your end-user is
856.
by Closi 4y ago
I said they might not matter for quite a few use cases , not that they don't matter for all use-cases. e.g. If you were Sam Altman at OpenAI and your use-case is mostly looking for training data and wanting to tell if it is AI-Generat
857.
by Closi 4y ago
It fails on false positives, but you don't often get false negatives, which might be enough at the moment for quite a few use-cases. Also false positives are typically "this text is likely to contain parts that were AI generated&q
858.
by Closi 4y ago
Important to note that plenty of other companies will carry the inventory and ship goods out for you (Amazon did not invent the concept of third party logistics) - however if you go to a third party warehouse it is difficult to get certifie
859.
by Closi 4y ago
You are misunderstanding the concept of marginal unit costs if you disagree on that basis. AAA software is wildly expensive, but each incremental copy sold is not wildly expensive. With a tea kettle, each incremental copy still costs you me
860.
by Closi 4y ago
I think the complexity is around the 'Prime' flag, which has a huge impact on sales and can force you down the FBA route if you actually want to sell in volume. ('Seller Fulfilled Prime' is possible - however currently c
861.
by Closi 4y ago
Their founder on Discord said that they trialled turning the Bing API off at one stage, but apparently users started complaining that their search results went shitty - so I imagine it's used more heavily than that post would imply.
862.
by Closi 4y ago
> I can't help but wonder when this stuff happens that the devs (or the leads) are worried about being let go, so they open source their stuff to be able to take it elsewhere. Open-sourcing isn't a dev-level decision - it is a
863.
by Closi 4y ago
Sounds like you went from 0 reasons to use Spotify to 1 reason to use Spotify, which was probably part of their plan. Not enough to make you transfer across, but maybe enough to make some people transfer across.
864.
by Closi 4y ago
It seems like they are on a better track to profitability if their revenue rebounds a bit - i.e. if they get up to 80% of their previous revenue they will be operating that level of revenue with underlying profitably rather than operating u
865.
by Closi 4y ago
> Their finances were never that dire; they were profitable in 2018 and 2019. The finances of a succesful/healthy company aren't usually decribed as 'not being that dire' to be fair. Ten years of operation and still
866.
by Closi 4y ago
CEOs don’t have to make no mistakes to be valuable - at the scale of google they just have to make 1% less mistakes than another CEO to justify a high worth to the board. This is often why the salaries are so high - they generally want the
867.
by Closi 4y ago
Yes, both suffer from self-selection and also survivorship bias, however these steps further worsen that. It also depends what your goals as a project are - if you just want to build better software for your existing power-users, then great
868.
by Closi 4y ago
Incredibly impressive for anyone, nevermind a dissertation for an undergraduate programme!
869.
by Closi 4y ago
Agree, and I think this is the point of the article too. If we are going to say things like "React is fast" then it needs a further clarification - fast compared to what ? Are we comparing it to C, jQuery, Angular, Pure Javascrip
870.
by Closi 4y ago
Well that's presumably why Apple will allow sideloading in the next version of iOS. (i.e. in an effort to demonstrate competitiveness)

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