hendzen

11 ms·

61.
by hendzen 7y ago
Mongodb already used AGPL prior to switching to the SSPL...
62.
by hendzen 7y ago
Fair point, though as far as I know they didn’t intentionally troll soviet fighter jets.
63.
by hendzen 7y ago
Thanks - I’m very familiar with the U2 program. Stealthy reconnaissance missions at 70k ft are very different than trolling a squadron of F22s at 30k ft and lower during a known training mission.
64.
by hendzen 7y ago
why would the chinese take the insane risk of testing an experimental drone in US airspace and near US fighters during a training exercise...
65.
by hendzen 7y ago
its a very successful marketing campaign by the history channel for the show mentioned in the article
66.
by hendzen 7y ago
nope this is a real national securities exchange approval: https://www.sec.gov/rules/other/2019/34-85828.pdf
67.
by hendzen 7y ago
here is the SEC filing: https://www.sec.gov/rules/other/2019/34-85828.pdf?mod=articl... question to LTSE employees: do you plan to host your matching engine in California?
68.
by hendzen 7y ago
the most interesting thing in this S1 is that Slack has a dual-class supervoting share structure but has a sunset provision after which the class B shares convert to class A and all have the same voting power.
69.
by hendzen 7y ago
Speaking as someone who was deeply interested in bitcoin in ~2013, cryptocurrency today is a wretched hive of scum and villainy. When someone tells me today that they are working on something related to crypto I make a mental note to never
70.
by hendzen 7y ago
There is an interview with Andy Rachleff (former VC at Benchmark and CEO of Wealthfront), where he notes that the problem with Kleiner is that the old partners never retired. They just stayed on and did very little actual work but since the
71.
by hendzen 8y ago
https://www.joelonsoftware.com/2000/04/06/things-you-should-...
72.
by hendzen 8y ago
0% chance this is a coincidence. Wild speculation but guessing he is getting pushed out as a concession to the people that want the union in a last-ditch attempt by the board to avoid the union forming.
73.
by hendzen 8y ago
its very important that this be handled by an independent party. Imagine if google was party to a lawsuit and could monitor what filings their legal opponents were looking at.
74.
by hendzen 8y ago
> You are welcome to invest in their open, and very mediocre, funds though. Are you really though? Show me how an individual can invest in any Renaissance fund (e.g. RIEF) They are only open to institutional investors as far as I know -
75.
by hendzen 8y ago
Your comparison assumes that the alternative to backdoor Roth is a traditional IRA contribution. The (ab)use of backdoor Roth contributions is commonly done by high-earning employees who have access to a 401(k)/Roth 401(k) plan. In th
76.
by hendzen 8y ago
their gross return is probably just a couple percent but then they leverage the crap out of it, which they can easily do since the strategy is designed to have very low volatility.
77.
by hendzen 8y ago
'The firm initially terminated its 401(k) plan for employees in 2010, a step that permitted them to roll the savings into traditional IRAs. Then, employees took advantage of a rule change that year allowing affluent Americans to conver
78.
by hendzen 8y ago
Read the SEC commissioner's speech that I linked, seriously. He doesn't propose banning them entirely, just phasing them out over a period of time. Clearly there is a flipside to carte blanche founder control when the CEO/Fou
79.
by hendzen 8y ago
I'm not opposed to the use of multi-class shares in private companies, but for public companies I think that they should be phased out in line with the proposal from the SEC commissioner's speech. The self-dealing in the OP is ano
80.
by hendzen 8y ago
Too much VC money chasing too few deals. They didn't have a choice, he could have just gotten the money elsewhere.
81.
by hendzen 8y ago
As part of an investment round for WeWork in 2014, he was granted Class B shares that gave him 10 votes per share, and now he has more than 65% of the overall share vote, according to WeWork corporate filings. These multi-c
82.
by hendzen 8y ago
MongoDB is competing with AWS. Atlas actually runs on top of AWS - Mongo is capturing the spread between their per-instance charge and the AWS charge (or GCE/Azure). What this article ignores is that Atlas is actually competing quite w
83.
by hendzen 8y ago
For one, you could simply hand the pile of cash out to the first person who comes by your window. Or you might hand small amounts of cash to a bunch of different people. Both of these seem like nice things to do. But then you won
84.
by hendzen 8y ago
An hour? For JavaScript? Wtf?
85.
by hendzen 8y ago
William Sealy Gosset, who developed the t-distribution, published under the name 'Student' since his employer (the Guinness Brewery) wouldn't let him publish under his real name.
86.
by hendzen 8y ago
Sure, I alluded to the concept of beta neutral when I mentioned 'additional constraints' - dollar neutral was a simpler concept I used for a non-finance audience. I've never heard anybody use the term delta neutral outside of
87.
by hendzen 8y ago
No - dollar neutral. Delta neutral is an entirely separate concept. I'm talking about equities trading (or potentially total return swaps) not options or other derivatives. Why do you think its so difficult and expensive to attain? Wha
88.
by hendzen 8y ago
Many (if not most) quantitative hedge funds are dollar neutral, which means they have one dollar short for every dollar long. There are typically additional constraints about having equal long/short exposure on each industry and invest
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by hendzen 8y ago
I would guess at least 3 or 4 orders of magnitude.
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by hendzen 8y ago
They aren't ordinary legal businesses. It is a fact that they are still illegal under federal law, regardless of whether you or I agree with that. If you have ever spent any time in Humboldt County, you would know that if you don'

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