gen220

63 ms·

721.
by gen220 4y ago
The way I phrased it made it sound like energy prices were the only component, my bad. Yes, stimulus is a contributing factor. But I don’t think it’s the primary contributing factor, it depends on the sector. The price of oil affects the
722.
by gen220 4y ago
There's a trend of global economic inflation, caused by supply issues in energy (oil, gas in all forms) related to the war in Ukraine, supply issues more broadly related to a hangover from COVID's supply/demand shocks. Intere
723.
by gen220 4y ago
The example you give is a smart one that we did explore! Effectively, relationship is no longer user -> stripe customer, but user -> shipping_address -> stripe customer. We decided the cost of implementing and maintaining this solu
724.
by gen220 4y ago
It definitely is an edge case. But I'd push back on the 1 subscription per customer idea. Consider any physical fulfillment business, where you have an optional annual membership (amazon prime, costco, whatever) and N subscriptions of
725.
by gen220 4y ago
Not the OP, but anybody who has built a deep integration with any billing provider (inclusive of Stripe) knows there are some bodies buried, although you typically don't discover them until you're late in the game. 90% of your use
726.
by gen220 4y ago
This might not work for you, but I've found that "recurring" tasks and the never-ending stream of "one-off" tasks are best managed in separate applications. I use a kanban-style thing for managing one-off's, wh
727.
Tech's Reversion to the Mean(luttig.substack.com)
3 points by gen220 4y ago|0 comments
728.
by gen220 4y ago
You might want to consider adding Deno [1] to the language examples: https://developers.cloudflare.com/workers/platform/languages... Deno can compile to wasm, so it can plug in through that vertical. But it's
729.
by gen220 4y ago
It's cash cash, but $10bn is in custodial accounts for customers and $6.1bn is of it is actually "usable" for cash expenses. The $6.1bn figure comes after a decline of $762m of their own "usable cash cash" this quar
730.
by gen220 4y ago
You're right; I'm sorry, I misread. It doesn't count as an operating loss, because it's not counted as revenue. It's counted as an asset/liability, not an expense/revenue, updated my original comment.
731.
by gen220 4y ago
Coinbase is an atypical "tech" company to analyze because they're kind of like a bank: much of their asset sheet is driven by customer deposits. Apparently $738m of customer funds were withdrawn from Coinbase in the last 3 mo
732.
by gen220 4y ago
http://web.archive.org/web/20220510150246/https://www.nytime...
733.
Bolt Built $11B Payment Business on Inflated Metrics and Eager Investors(nytimes.com)
39 points by gen220 4y ago|13 comments
734.
by gen220 4y ago
The scenario you describe is how I justify my stance as long btc/eth, but holding neither. When USDT pops, it will leave a huge vacuum in behind, and cause a lot of harm to the latest wave of crypto adopters (2017-on). Like your analog
735.
by gen220 4y ago
I'm a NET watcher/holder, I've read most of their earnings call transcripts and SEC docs since the S-1. IMO, they were way overvalued at their peak on fundamentals. With the recent slide, I think they're "far"
736.
by gen220 4y ago
From my experience working at a private insurer, (1) is, unfortunately for the body politic, more complicated than meets the eye. The payor mix narrative has attractive qualities: it makes the private insurance companies sound like they&#x2
737.
by gen220 4y ago
FWIW, in NY generally the tax assessed value of properties is far below the market price (20-30%, sometimes more). NY could afford for the "market price" to fall quite considerably before it would significantly affect tax revenues
738.
by gen220 4y ago
You can see the source directly, rather than the article [1]. The gist of the misunderstanding is that there are many more things that register as "expenses" when calculating net loss without burning your cash pile. Stock compensa
739.
by gen220 4y ago
In the article, it states that the “loss” is an accounting loss attributed to stock compensation, not a cash flow loss. It states that they had positive operating revenues the year over year. If I pay you 1000 shares that I think are worth
740.
by gen220 4y ago
There’s a number of reasons. It helps with hiring as a signal effect; if sequoia thinks the company you’re thinking joining is a worthwhile investment of they’re capital, they’re more likely a worthwhile investment of your career. The spare
741.
by gen220 4y ago
What you're saying applies to the majority of VC-backed companies, but none of your concerns applied to WhatsApp's situation. WhatsApp was (is?) famously lean. They essentially never needed to spend a cent of VC money, even though
742.
by gen220 4y ago
If you're considering self-hosting anything, you might consider using https://www.passwordstore.org/ . Personally, I've used it since lastpass made people pay for multi-device access. You can treat it like a git re
743.
by gen220 5y ago
It depends on what you mean by "making money", but yes. Basically, the "expected value" of a private insurance payout is usually not too different from the "expected value" of a medicare payout. The sticker pri
744.
by gen220 5y ago
The difficulty is that "cost" has a layer of abstraction that you may not be considering. There are three acts in care. Act 1, you receive treatment and the hospital pays the nurses, doctors, and capital equipment. Act 2, the admi
745.
by gen220 5y ago
Medicare is not a blank check. It's a standard check (see sibling comment on fee schedules), and each check tends to actually be quite low of an amount. The magnitude of "standard" and "low" are both demonstrated by
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by gen220 5y ago
> why doesn’t everybody do this? Just a guess, the directors of the company might prefer, from a fiduciary point of view, to invest the cash in capex or sales, rather than re-acquiring options for the option pool. Although, if you'r
747.
by gen220 5y ago
I think bookkeeping may be a related catalyst. But it's primary use seems more for inter-societal trade (settling accounts), than intra-societal education. Bookkeeping is not the only prerequisite for written language, e.g. in the new
748.
by gen220 5y ago
There's this idea of a "city as a museum", to normalize the balance of power you describe. In NYC there's a very similar balance of power. On some rarefied streets, it's illegal to change the silhouette or facade of
749.
by gen220 5y ago
> higher interest rates will eat into these multiples Unless the potential for higher future interest rates were not baked into the quoted multiple. Interest rates are just one factor among many that go into a price. And they are among t
750.
by gen220 5y ago
I'm not sure I'd characterize that particular trail as "no traffic" [1]. Large segments of the route you describe are along country roads where you share the road with cars and trucks traveling at 55mph. As much as I wis

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