ak_111

31 ms·

391.
by ak_111 4y ago
The funny thing is that I don't believe there is a "blockchain lobby" that is driving hype similar to bitcoin and other fads, that would at least make it more compressible. In fact it is not clear who benefits if it gets &quo
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by ak_111 4y ago
A bit of contentious point but I want to distinguish between bitcoin blockchain and blockchain tech. Even as a bitcion skeptic, its market cap went from $0 to $1T and you can't argue with that. But circa 2012 people started marketing b
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by ak_111 4y ago
I agree with this sentiment, I am not calling it useless. In fact I think it makes perfect sense as an "experimentalist technology", it is just the disproportionate attention it is getting by serious people over a long period of t
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by ak_111 4y ago
I do agree that tamper proof log is very useful, but I don't believe that it is something you can't achieve using traditional database tech. I have a question for you that can short-circuit our discussion. You claim that the value
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by ak_111 4y ago
True, but there is a long list of "smart" intellectuals/academics/investors who are believers in the space, which is where "am I going insane?" part comes in.
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Ask HN: Am I going insane or is there genuinely no value in blockchain tech?
424 points by ak_111 4y ago|549 comments
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by ak_111 5y ago
https://www.businessinsider.com/benedict-evans-says-there-is...
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by ak_111 5y ago
I remember two partners from Andreessen Horowitz gave a presentation to a group of investors and journalists around 2015, where they had a slide with literally the title "This time is different". I thought to myself this will not
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by ak_111 5y ago
John Mearsheimer (Chicago professor) & Stephen Walt (Harvard professor) wrote a New York Times bestseller book called the Israel Lobby which delicately discussed in careful details the influence of the Israeli lobby on US politics. Perh
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by ak_111 5y ago
This is correct which is why the Implicit Value Theorem is heavily under appreciated by newcomers, since it is saying roughly that "Locally, calculus = linear algebra" meaning at a certain scale all equations is linear algebra.
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Ask HN: How did Dropbox's 'epic' move from AWS work out?
12 points by ak_111 5y ago|1 comments
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by ak_111 5y ago
Paying off debt is usually good financial advice, but it is arguably the wrong thing to do if you expect higher and higher inflation (which you mentioned is your expectation). If you expect inflation to keep increasing, then one of the fina
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by ak_111 5y ago
Know the risks though: when inflation increases very fast, the Feds might end up having to respond with a shock, and usually real estates are the first to respond to this shock by losing 5-10%.
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by ak_111 5y ago
Striking that the major stories that occurred this year weren't mentioned anywhere in any of the top voted comments, or where mentioned in exactly the wrong way: ordered by my subjective level of importance: - Increased spread of covid
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Review of “Ask HN: Predictions for 2021?”
38 points by ak_111 5y ago|34 comments
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by ak_111 5y ago
They do mention concrete numbers.. doubled users to 10m in one year. The valuation is still high for where the company is now. I personally think churn is going to be a huge issue for them and there is a huge uncertainty if they would be ab
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by ak_111 5y ago
It is a bit more complicated: German catholics (arguably) played overall a good role in countering Nazi fascism most notably this guy https://en.wikipedia.org/wiki/Clemens_August_Graf_von_Galen However, Catholic churc
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by ak_111 5y ago
Perhaps the more fundamental question here is why most employees don't try to exploit this imbalance by continuously applying to other companies? If they did so then we will eventually reach an equilibrium where companies would spend m
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by ak_111 5y ago
A major difference with 2009 imo (actually which you alluded to) is inflation expectations going up or inflation getting “embedded” in public’s psychology. That means people start factoring it into their decision most importantly salary neg
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by ak_111 5y ago
I see your point, but am not using it as an example why start-ups don't need to be profitable. Just using it as an example to why being unprofitable doesn't prevent you from having a high valuation on the stock market. If you don&
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by ak_111 5y ago
This is very common for tech stock, not a YC problem. Even Tesla was barely profitable until very recently, while Amazon spent the first 20 years of its existence barely breaking even.
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by ak_111 5y ago
Anyone wants to try and make an educated guess how much YC's market cap would be worth if it was trading on the stock market (similar to Berkshire Hathaway)? My estimate would be something like 25-30B.
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by ak_111 5y ago
There are a few notable exceptions who believe that P=NP, Knuth being the most notable in my opinion. He gives a justification (though it is a bit technical) for this that I also find convincing.
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by ak_111 5y ago
thanks that makes sense :) so while you are here, two more questions: 1- What is your route to market when you sell to a new university, do you sell directly to the instructors, or sell to some kind of central function with the university (
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by ak_111 5y ago
Congratulations on your new launch, interesting modular approach! As a seed investor who is a bit cautious in investing in EdTech, I am wondering if you get any requests from universities to plug into their established LMS (hooking into th
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by ak_111 5y ago
An exception is Angela Merkel, who holds a PhD in Quantum Chemistry.
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by ak_111 5y ago
https://archive.md/o5sxV#selection-3149.0-3149.57
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U.K. Health Department to End Data Contract with Palantir(bloomberg.com)
22 points by ak_111 5y ago|2 comments
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by ak_111 5y ago
No, I am saying that roughly 1% of over-70s died of covid the last two years, then 10x that.
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by ak_111 5y ago
To be clear about this, you are saying that if you wrote down a list of 100 of your close relatives, friends and co-workers that are above 60 years of age, you would happily trade "2 years of having a non miserable life", for the

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