benzible

11 ms·

121.
by benzible 2y ago
Let's look back at this: https://news.ycombinator.com/item?id=41549649 Is this the result of a team solely consisting of "A-players" who "learn from mistakes"? The document cites previous failures s
122.
by benzible 2y ago
It's gibberish. For one thing... https://arxiv.org/abs/1901.03429
123.
by benzible 2y ago
Actually I think that was the original plan: https://news.ycombinator.com/item?id=39607630 Apparently not enough interest to justify continuing.
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by benzible 2y ago
Obligatory mention of Livebook: https://livebook.dev/
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by benzible 2y ago
> I cannot believe you will get zero response. Believe it. Our account seems to have been closed due to a KYC issue, and the bank, by law, cannot tell you any details. See this comment: https://news.ycombinator.com/item?i
126.
by benzible 2y ago
I’m not the OP and I didn’t write an article. I wrote a comment about my own experience with Chase, which you quoted and responded to.
127.
by benzible 2y ago
Also: the same company that got flagged by Chase had an account with Bank of America open at the same time and later opened accounts with a couple of other banks. No KYC issues with any of them despite exactly the same set of facts. And aga
128.
by benzible 2y ago
I’ve had business accounts with almost every large US bank. I’ve founded quite a few businesses - venture-backed and bootstrapped product and consulting companies, going back to the 90s. I’ll repeat: I’ve never had an experience as bad as t
129.
by benzible 2y ago
The Chase Sapphire card was rated as the best travel card. I had no idea that I had been flagged personally at the time I applied. I can't remember why I chose them for a business account. At the time I was working under the assumption
130.
by benzible 2y ago
See my comment above. My company did nothing wrong, nothing even remotely shady. We were a C corp with a typical mix of investors - angels, Sand Hill VCs and CVCs. We were subject to extensive due diligence by investors. I've never had
131.
by benzible 2y ago
It was a photo or scan attached to an old email, copied the text via Apple's OCR. I'll correct the text.
132.
by benzible 2y ago
Just for posterity, we received this on 6/28/2013. Looks like they actually gave us 60 days. > Dear [redacted] Inc. > A review of our records indicates that we are unable to retain your above-referenced account(s) (the &quot
133.
by benzible 2y ago
About 10 years ago a startup I co-founded had about $3M in a Chase account. We received a notification that they were closing our account within 30 days. We weren't able to get any information but I assume this was a KYC false positive
134.
by benzible 2y ago
> Or maybe mad that he wasted his life having no work-life balance He's been trying to make up for it... https://www.gq-magazine.co.uk/article/eric-schmidt-google-sc...
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by benzible 2y ago
Sure was. https://www.wired.com/1999/01/sun-on-privacy-get-over-it/
136.
by benzible 2y ago
Not quite what happened, per Wikipedia [0]: > In 2008, the founders, Jack Canfield and Mark Victor Hansen, sold the company to a new ownership group led by William J. Rouhana and Robert D. Jacobs.[20] I don't know anything beyond th
137.
by benzible 2y ago
The author of the post is "@daojoan.eth"... personally, not who I would choose to lead the charge against "tech BS".
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by benzible 2y ago
The issue is: if you have pricing that works for solo devs / small teams, you'll leave a lot of money on the table with respect to enterprises, who are willing to spend silly amounts of money but also don't want to feel like
139.
by benzible 2y ago
It would be easier to take her seriously as a critic of tech industry BS if her LinkedIn didn't list her as a current advisor to "MODA DAO" and her social media handle wasn't "@daojoan.eth". Yee-ikes.
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by benzible 2y ago
Probably the best business decision for them. Small, scrappy startups will just implement webhooks themselves.
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by benzible 2y ago
Sales taxes are regressive. No idea how to analyze the total burden of some unspecified package of "taxes at the point of exchange" but in any case, what's the rationale for this vs., say, taxing capital gains as ordinary inc
142.
by benzible 2y ago
> This kind of assumes liquidity... A lot of wealth is tied up in stocks and physical assets. Imagine having to orchestrate selling 2% of everything you own every year. So, you'd need some liquid assets, or to time any lockup to mak
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by benzible 2y ago
"I wouldn't be able to do this so easily if it weren't for stock" does not. It's misleading to attribute early retirement to a frugal lifestyle and savings when it appears that they hit the lottery.
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by benzible 2y ago
I was responding to the parent poster's assertion that the only area worth focusing on in pharma is drug discovery, but you're right that CAR-T is very different. Monoclonal antibodies are a more apt analog. Key economic drivers i
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by benzible 2y ago
While drug discovery may be the most lucrative opportunity overall, production costs remain significant in pharma, especially for biologics and cell therapies, and breakthroughs in these areas are well worth pursuing. CAR-T treatments, whic
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by benzible 2y ago
The "no" in this context is addressing whether cultured meat will ever be economically viable at scale, not just scientifically possible. The article suggests a compelling argument against this viability, in that the breakthroughs
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by benzible 2y ago
See https://thecounter.org/lab-grown-cultivated-meat-cost-at-sca... for a thorough exploration of why lab grown meat will never happen... > Humbird likened the process of researching the report to encountering an impenet
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by benzible 2y ago
Maybe not a coincidence!
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by benzible 2y ago
The key details are how completely outside the norms of SV / tech this behavior is; how they, and Sam specifically, clearly lied about it - especially egregious when they want to be seen as the trustworthy steward of "AGI"; a
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by benzible 2y ago
[deleted]

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