ajsharp

11 ms·

61.
by ajsharp 5y ago
No idea if true, but someone once told me that Sequoia essentially owns App Annie and uses the data to win deals on companies before anyone knows they're about to pop. I'm not a lawyer, but if true, pretty brilliant from a purely
62.
by ajsharp 5y ago
100%. One of the most important elements of executing SOA successfully is where you draw service boundaries. Microservices (as the name implies) encourages you to make your services very small, which often/usually has the effect of dra
63.
by ajsharp 5y ago
Oh I'm dead serious. I want it to play an audio file when it detects a dog shit: "Thank you for kindly picking up your dog shit."
64.
by ajsharp 5y ago
Have been desperately wanting something like this so I can build an AI to detect when people don't pick up their dog shit in front of my gate. I am saved.
65.
by ajsharp 5y ago
this is amazing :)
66.
by ajsharp 5y ago
Wow that was FAST. I love this. Every other social platform has danced around this, seemingly, bc ads. Brilliant growth move here.
67.
by ajsharp 6y ago
This is an MVP, v1 of the product and v0.1 of the company. Judge it as such, with the understanding that things will evolve and grow, or not. 2 thoughts on YC, 1 on the company. ON YC: YC's model is: place lots of small bets. They have
68.
by ajsharp 6y ago
That would be one way to model such a service, but certainly not the only way. Their pricing optimizes for a particular customer profile, and that may not be you.
69.
by ajsharp 6y ago
"The quality of the controls that Amazon has in place is appalling. We found hundreds of thousands of accounts where the employee is no longer there but they still have system access..." Yikes. Not exactly confidence-inspiring.
70.
by ajsharp 6y ago
When clubhouse is good, it's magic. But they have a content quality / signal noise ratio problem currently, making it hard to find good content. Combined with how notifications work, it makes the app very noisy and hard to find th
71.
by ajsharp 6y ago
Not sure where you're getting this, but the Fed has already signalled ZIRP through 2023, and there is little to no inflation showing up in headline measures. Medium to long term rates will likely rise this year, but historically cheap
72.
by ajsharp 6y ago
The Fed can only directly set the Federal Funds rate, which effectively allows them to set a floor on short-term interest rates. Short term rates influence longer-term rates, but the longer you go out on the yield curve the weaker the effec
73.
by ajsharp 6y ago
Hey -- he likes the stock: https://www.reddit.com/r/wallstreetbets/comments/lj8djx/day_... Nothing else matters.
74.
by ajsharp 6y ago
I appreciate a good catchy headline as much as the next person, but it's a ridiculous claim that "source code is worthless". On some level maybe it's not worth as much as some might make it out to be, but it's not w
75.
by ajsharp 6y ago
"When we hired a new COO, who had mainly worked at bigger companies before, he was shocked to hear that all our code, communication infrastructure and internal systems were living in the cloud. He argued that we should move to on-premi
76.
by ajsharp 6y ago
god bless you smollett for posting this
77.
by ajsharp 6y ago
Oh they do. "On Thursday, Robinhood was forced to stop customers from buying a number of stocks, like GameStop, that were heavily traded this week. To continue operating, it drew on a line of credit from six banks amounting to between
78.
by ajsharp 6y ago
Josh Brown starts the podcast episode released yesterday telling this story. It's a fantastic re-telling, highly recommend. As he says repeatedly in the episode, "Wall Street always changes the rules." https://ther
79.
What’s the DTCC and How Did It Stop GameStop Mania?(bloomberg.com)
4 points by ajsharp 6y ago|0 comments
80.
by ajsharp 6y ago
Was today not a bloodbath? GME closed Thursday at $193.60 and closed today at $325. That's an absolutely murderous day for a short.
81.
by ajsharp 6y ago
Also AMD is pretty close to AMC lol. Seems absurd but they also restricted trading on GM.
82.
by ajsharp 6y ago
That's just how a call option works. I don't know the specifics of custodianship around an executed option and what collateral the buyer's broker is responsible for upon execution, but it's probably equivalent to buying
83.
by ajsharp 6y ago
To kinda tl;dr 015a's comment (which you should read, it's excellent), a liquidity crisis, generally, is when you start running out of cash to settle things that require cash, for various practical and/or regulatory reasons.
84.
by ajsharp 6y ago
According to the NYT story it sounds like a convertible note or something similar: "Investors who provide new financing to Robinhood will receive additional equity in the company. The investors will get that equity at a discounted valu
85.
by ajsharp 6y ago
I just checked in on this from yesterday and this is just fantastic. Such a clear explanation of T+2 and all the extra stuff specific to Robinhood that's probably a further drain on their cash position. So thanks SO much for this. Also
86.
by ajsharp 6y ago
"To continue operating, it drew on a line of credit from six banks amounting to between $500 million and $600 million to meet higher margin, or lending, requirements from its central clearing facility for stock trades, known as the Dep
87.
by ajsharp 6y ago
My thoughts exactly on point #1. Nothing in a hot path should take multiple seconds.
88.
by ajsharp 6y ago
Appreciate the clarification.
89.
by ajsharp 6y ago
There's a lot about Signal in particular that they get right. AFAIK: (1) All Signal messaging is E2EE; (2) they don't store messages on their servers; (3) the client code is open source, and it seems like a good portion of the ser
90.
by ajsharp 6y ago
Yea, I believe telegram "secret chats" are E2EE and also have auto-destruct capabilities.

More ›