dcolkitt

53 ms·

511.
by dcolkitt 5y ago
Most of Pelosi's homerun trades involved bluechip public stocks. I don't think it's reasonable to expect a VC to have that much edge there. VCs specialize in early stage private companies. That's a very different skillse
512.
by dcolkitt 5y ago
This is actually the reason why Miami is one of the few major American cities that's never broken 100 F in recorded history. When temperatures rise significantly above 90, then the chance of rain goes to 100%, which cools things back d
513.
by dcolkitt 5y ago
Along similar lines there's been a significant increase in auto fatalities despite the fact that miles driven went significantly down. Most of this can be attributed to people driving more aggressively and recklessly. Then there's
514.
by dcolkitt 5y ago
One thing that many people (including myself at times) are prone to is an irrational fear that their idea will be stolen. This wouldn’t be such a big deal if this fear didn’t cause people to repeatedly shoot themselves in the foot. Countles
515.
by dcolkitt 5y ago
I agree that "bad marriages" between investors and founders in illiquid private companies can be a serious problem. But I don't really see how any of the points made about the post-pandemic fundraising environment create a bi
516.
by dcolkitt 5y ago
There’s zero evidence whatsoever that caffeine is unhealthy for children. And given what we know about the health benefits in adult, coffee is most likely health promoting for children.
517.
by dcolkitt 5y ago
Actually, some proportion of LTCM's portfolio was actually selling volatility on equity options. If I recall this unit accounted for about ~20% of the losses. I think about another 15% came from linear equity arbitrage, mostly long-sho
518.
by dcolkitt 5y ago
I see your point, but defense seems wholly unnecessary. In what possible scenario would Greenland be invaded and not be protected by the US, Canada, and/or the UK.
519.
by dcolkitt 5y ago
That's largely an orthogonal point. You may be suspicious of USDT or USDC's claim. But the point is that at least some fraction of the market is not, which is why USDT trades at $1.00. Now that may turn out in the future to be rev
520.
by dcolkitt 5y ago
One really underrated component of EIP-1559 is how much more usable it makes the system. The complexity and uncertainty of how to set gas fees, stuck transactions, and the like is a major turnoff for new users. Experienced users tend to g
521.
by dcolkitt 5y ago
Because of the existence of stablecoins, forking Ethereum is essentially infeasible. Only crypto assets, namely BTC, exist on the Bitcoin chain. Crypto assets can be forked, but real assets cannot. Whatever chain USDT/USDC recognize au
522.
by dcolkitt 5y ago
Arguably, Ethereum's even more prone to this of loss than BTC, because of the complexity of broken smart contracts with permanently locked funds.
523.
by dcolkitt 5y ago
This analysis glosses over the underlying problem that drives the dynamic: the existence of NIMBY regulation and restrictions that artificially constricts the supply of housing. Without supply constraints, the existence of wealthy high-end
524.
by dcolkitt 5y ago
What is your startup idea? You’ve got a thread on the front page of a website that’s visited by a huge number of angels and VCs. If you’re going to pitch ever, might as well pitch now. (Also my vote is no. If you’re already technical, just
525.
by dcolkitt 5y ago
None of this addresses the reasons that I and, I think, most others prefer remote work. I don’t want to miss watching my kids grow up because by the time I drive home they’re already in bed. I want to spend my lunch hour with my family, ins
526.
by dcolkitt 5y ago
And yet Apple Inc had been more than fine after more than a year of full remote work. Their stock price and profits are at record highs, despite being in the middle of a global recession. Clearly nosy spouses peeking into the home office do
527.
by dcolkitt 5y ago
There’s an old maxim from marketing. If one person is pissed off enough to write your company a letter, than there’s 100 other dissatisfied customers with the same experience that you’re about to lose.
528.
by dcolkitt 5y ago
Go try to hire 100 talented software engineers for non-remote work in this market and tell me how replaceable they are.
529.
by dcolkitt 5y ago
I recently founded an early stage startup. The only reason I can proffer is imposter syndrome. There’s a certain nagging feeling that we’ll never be a “real startup” until we have offices in the Bay Area. And sometimes that views externaliz
530.
by dcolkitt 5y ago
I think people are generally way to over paranoid about this. In my field of quant finance this is particularly acute. People refuse to talk about even what markets they’re trading for fear that their competitors will steal their edge. I’ve
531.
by dcolkitt 5y ago
> At this point, I think most people "get" just how little FAANG companies are doing to combat Do you have any evidence of this claim or do you just “get” it. This kinda reminds of the rhetorical device where somebody says “you
532.
by dcolkitt 5y ago
What's interesting is the radical change over the past century, from a life of pure leisure being the mark of the aristocratic upper class to the lumpenproletariat. I love how Downton Abbey conveys this now alien concept to us early on
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Cooley Go: Free resources, articles and templates from a top startup law firm(cooleygo.com)
3 points by dcolkitt 5y ago|0 comments
534.
by dcolkitt 5y ago
What’s frustrating about this is how indifferent people are to these institutional failures. They’ll just shrug their shoulders and say “sounds like a problem for the fat cats that run companies”. The vast bulk of civilization runs on busin
535.
by dcolkitt 5y ago
> I highly doubt that even without government intervention prices would be lower. Without government intervention , Amazon Basics would assuredly make dirt cheap versions of every major drug. You can argue that this is bad for other reas
536.
by dcolkitt 5y ago
The best strategy is to use stratospheric aerosol injections to stabilize temperatures over the next 50-100 years until carbon capture is ready to scale. The problem with carbon capture is the high energy cost. So you need a source of cheap
537.
by dcolkitt 5y ago
You will never in a million years find an insurance carrier to underwrite a policy that covers shoplifting in Union Square. If you do, please let me know, I want to short the hell out of their stock.
538.
by dcolkitt 5y ago
Man, wait till you come to Florida and see Publix.
539.
by dcolkitt 5y ago
This always seemed like a back door way to finally have the web finally embrace a micropayments business model. By this point ads, and the tracking scripts associated with ad networks, have grown so large that they may cost more in bandwidt
540.
by dcolkitt 5y ago
It doesn’t matter. Anything running on the blockchain has no single point of failure. Let’s say the government outlaws Uniswap tomorrow and throws the entire team in Supermax prison for life. The protocol will just keep running forever. The

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