gizmo

57 ms·

691.
by gizmo 4y ago
If you click on the cookies explainer you'll see that they actually use a shitton of cookies: https://european-union.europa.eu/cookies_en Instead of that cookie banner they could just not have visitors connect to all t
692.
by gizmo 4y ago
Look the article specifically argues against this way of thinking. Yes, you can drive close to the edge and balance FCF with aggressive growth. But this is mostly what businesses do out of necessity. If you make shoes and sell them at a pro
693.
by gizmo 4y ago
What is harder, starting with nothing and building the equivalent of 2020 Chromium from scratch, or taking Chromium from 2020 and extending it with the new features to get it up to date with today's Chromium? The former is 100x harder
694.
by gizmo 4y ago
I don't think that's true at all. We get only a handful new CSS features every year, and features introduced today are much more carefully defined than the ad-hoc features of yesteryear. Implementing them is pretty straightforward
695.
by gizmo 4y ago
He could have made comic book style art without ripping off the original artists’ work. But he didn’t, because making original art is hard and copying art is easy. Additionally, as the article points out, the original artists were blocked f
696.
by gizmo 4y ago
They totally ripped of the github UI and UX. They're all about free and open source, but they don't want to do the hard work of coming up with their own product. I would much rather use the for-profit original rather than a lazy o
697.
by gizmo 4y ago
You can't stop the spread because a large percentage of the workforce simply has to keep working to keep society functioning. Electricity, water, garbage pickup, supermarkets, hospitals, fire department, etc. You can't do without
698.
by gizmo 4y ago
> The start-ups he later launched all ultimately failed. And even now, as a solopreneur, combining freelance consultancy with writing books and developing information-based products, he often looks back with regret at not simply sticking
699.
by gizmo 4y ago
With only 5m in the bank, 12m burn and 130m in revenues, is there any way to optimize your cash flow? If you can get a 180 day line of credit from your suppliers your runway will look a lot better. Your suppliers are the only ones who care
700.
by gizmo 4y ago
I agree. And moving to e2ee for everything and away from big services like gmail and office 365 is part of the solution.
701.
by gizmo 4y ago
Do you trust your bios? Your usb stack? Your network card firmware? I get the desire to control the entire chain, but nowadays you’re surrounded by cameras and microphones 24/7, every smart device is a surveillance sleeper agent waitin
702.
by gizmo 4y ago
Those all use accelerated graphics. Either directly (sublime, premier, obs) or indirectly through embedded browser. Suggests his mac has a graphics card issue, hardware or driver.
703.
by gizmo 4y ago
The video goes over all the arguments. Trucks have bad visibility, encourage reckless driving, and wreck smaller cars/pedestrians during collisions. This isn't "hating", these are serious problems. Trucks are popular spe
704.
by gizmo 4y ago
In Holmes’ case the father is wealthy and perfectly capable of taking care of the children. Which is completely unlike the experience of poor women of color who end up in prison for minor crimes. Weird article.
705.
by gizmo 4y ago
This comparison doesn't work. Businesses are happy to pay for software that addresses a pain point. If people balk at 50/user/month it can mean one of three things: the product isn't good enough, the customer doesn'
706.
by gizmo 4y ago
Banks generally do well in higher interest rate environments. It's in a ZIRP climate that banks struggle. By kicking the can down the road banks can use the profit they're making from the business they do today to pay off the dumb
707.
by gizmo 4y ago
The idea is that when customers know a bank has effectively an unlimited line of credit to pay for outflows that there is no reason to panic. Conceptually, the credit line works perfectly even if it's never used. I agree it's not
708.
by gizmo 4y ago
A different take on your anecdote is that your friend goes to a big bank and they're willing to take a 20% down payment which gives your friend 5x leverage on the mortgage. Your friend says: "that's not good enough! I need mo
709.
by gizmo 4y ago
It's psychologically difficult to do nothing when faced with inflation and near zero interest rates. The banks should have just sat on their hands and made peace with losing money for a year or two. It's certainly preferable to bu
710.
by gizmo 4y ago
Powell and Yellen put a system in place over the weekend where all banks can borrow against their bonds at par, thereby preventing any other bank runs. The duration problem is that banks have bonds/CDOs on their books marked-to-maturit
711.
by gizmo 4y ago
Tiny class-d amps, containing barely $20 worth of parts, produce perfect (to my ears) sound. I don't know why receivers are still so expensive, but I suspect it's a total racket (literal price fixing). On the other hand, TVs, soun
712.
by gizmo 4y ago
Single points of failure like Cloudflare. Cloudflare gets hacked (or compromised by intelligence agencies) and all traffic is out in the open. Hypervisor vulnerabilities. It's fundamentally risky to have processes with different securi
713.
by gizmo 4y ago
> They seem very small numbers, most SMEs would not fit them. In the USA 78% of businesses have fewer than 10 employees. 89% percent have fewer than 20. The typical SMB has only a couple of employees. When you include sole proprietors (l
714.
by gizmo 4y ago
SVB literally needed a constant stream of new startup customers to cover the withdrawals of their current customers. Maybe you don't like the word ponzi, but it's an accurate description of the dynamic at play. Other banks don&#x2
715.
by gizmo 4y ago
SVB is not like other banks. Ordinary banks don't have catastrophic interest rate exposure. Regular banks don't have money burning startups as their main customer base. Regular banks don't have the problem of having billions
716.
by gizmo 4y ago
Startups have expenses. SVB had a customer base that was net unprofitable. This means outflows, and tons of it. SVB depended on a continuous stream of new venture capital being shoveled into the ecosystem to compensate for these outflows. T
717.
by gizmo 4y ago
Technically true, but when a distressed bank gets sold where does the money go that's paid by acquiring party? Stock holders are last in line. Employees who are due wages are first in line. We can guesstimate how large the hole is and
718.
by gizmo 4y ago
The money is not tied up in bonds. Because those bonds are liquid and can be sold on the market in exchange for dollars. And when depositors ask for their money the bank is forced to sell those bonds at a big loss to get dollars. That resul
719.
by gizmo 4y ago
And lessons were learned! This is not 2008 repeating itself. SVB is unusual in how much exposure they have on interest rates, on both sides of the balance sheet. There is no contagion, and the bank is still an asset worth many billions. The
720.
by gizmo 4y ago
Oh come on, uninsured creditors will get back at least 90c on the dollar when the dust has settled. Likely 100c. So yes, they can absolutely use the IOU to cover short term expenses.

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