infecto

9 ms·

211.
by infecto 3mo ago
It is great timing in a way. There is a backlash with consoles and now more than ever the energy around AAA studios feels pretty low. You don't need incredible horsepower to play really fun games that still look visually appealing.
212.
by infecto 3mo ago
The steam deck has been on the top sellers list on and off for some time now.
213.
by infecto 3mo ago
I think it’s important to highlight that the timing of this article comes right after Tucker Carlsons monologue and podcast “Flock Cameras and the Coming Slave State”. Would wager a bet this is a paid piece for Forbes for PR damage control.
214.
by infecto 3mo ago
Absolutely. I also think rule of exploitation is how we figure out balance and new rules. This applies to governments, companies and societal norms. We don’t know until we push the boundaries.
215.
by infecto 3mo ago
Sure but it’s one of those things imo that happens. Google should have been more rigorous with their judging. They may lose face for future hackathons or simply it becomes a gating item in the rules. When is at it’s awesome it’s not to indi
216.
by infecto 3mo ago
IMO that’s awesome. I like when folks are clever. Just modify the rules next go around. It’s a contest judged by and LLM. Not sure why we would take it that serious.
217.
by infecto 3mo ago
So do many other CEOs and it’s near impossible to sift through overly optimistic statements and not. Agree he truly pushes the envelope but also we all see the numbers and are not forced to invest in the company.
218.
by infecto 3mo ago
Which in all cases is very hard to prove. Executives make extremely bullish statements quite often. We are just cherry picking here.
219.
by infecto 3mo ago
No different than Meta or Snap but folks only like to think about Elon.
220.
by infecto 3mo ago
Maybe it’s just me but hackathons were dead long ago, at least any hackathon with a tangible prize.
221.
by infecto 3mo ago
It’s a hard balance but in an ideal scenario there would be a good balance of tension between engineering and management/product decision makers. On one hand engineers generally will iterate for far too long and on the other product de
222.
by infecto 3mo ago
The only thing silly is how rude you are. Sorry. You asked how the ideas fit together. I explained. Now you’re telling me they must be inconsistent without identifying the contradiction. I typically don’t deal in feelings in these types of
223.
by infecto 3mo ago
But that was a ponzi. The numbers here are public. You can make forward looking statements. I could never underwrite that valuation but others have. Who knows will be correct but over the long horizon the market will figure it out.
224.
by infecto 3mo ago
I mean sure some indexes will include the name eventually but I would hope most “passive investors” are not investing in the Nasdaq 100. Folks have latched on to this like it’s the greatest fraud of all time. It’s not showing up in most nor
225.
by infecto 3mo ago
The world is filled with shades of gray. Some folks like yourself take what I consider a very passionate view on these topics. I take a bit more nuanced view. I don’t like Elon, I would never invest in his companies at the current valuation
226.
by infecto 3mo ago
I realize you are passionate about this topic and maybe I am just not in that same bucket. I could take it or leave it. The valuation is absurd, the TAM is wild and I have no faith in the underlying business being able to grow that fast. Fo
227.
by infecto 3mo ago
You’re moving the goal post in your argument. First it’s being good at raising money is a scam. Now you are pointing out his incredibly foolish claims. No disagreement, it’s an absurd statement. I don’t know if it classifies as fraud.
228.
by infecto 3mo ago
Sorry if I did not make it clear enough. The original discussion was around SpaceX being a scam. That is what I was referring to. I have no disagreement on other points. As I continue to say both can be true.
229.
by infecto 3mo ago
Definitely not and I think those types of opinions erode any rational discussion. It’s part of the problem with these discussions. There are extreme views that take a position that is not defendable but follow the hive mind for whatever sid
230.
by infecto 3mo ago
Why will my retirement savings be obligated to be part of it? No doubt it will be part of some indexes but I know for example mine it won’t.
231.
by infecto 3mo ago
What is this scheme he is getting away with? We all saw the numbers, it is an absolute absurd valuation. Like I said I would never make the bet but just because I don't like him, does not mean I will immediately call the scam card. Bot
232.
by infecto 3mo ago
I did not realize that is what we were discussing. Just because I don't like someone (I don't like musk) does not mean I will immediately jump to the harshest classification. I could never get behind the valuations, I don't g
233.
by infecto 3mo ago
Luckily neither you or I get to make that decision.
234.
by infecto 3mo ago
They're perfectly consistent. An absured valuation isn't evidence of fraud. Exceptional capital formation isn't fraud either. You're conflating overpriced, good at raising money and scam as if they're synonyms. I am
235.
by infecto 3mo ago
I think you're collapsing a few different concepts together. Calling something a scam implied intentional deception about the underlying business. I don't think that's the same as selling an extremely optimistic vision at a v
236.
by infecto 3mo ago
I don’t think scam is the right word. The valuation and bank price targets are absolutely insane. I myself could never invest at those multiples. I think they absolutely have governance problems but at the same time I have to admit he is a
237.
by infecto 3mo ago
I don’t think the allocation process changes the underlying point. The mechanics may have been unusual, but highly anticipated IPOs almost always attract buyers motivated by participation as much as valuation. Whether they got 10 shares thr
238.
by infecto 3mo ago
That is to be expected with any high profile IPO.
239.
by infecto 3mo ago
Again, do you have anything constructive to add to the conversation? Your words are insulting and just putting words in my mouth. The Nasdaq 100 is not that special or unique. You’re comparing a quirky index to earthquakes which is weird. T
240.
by infecto 3mo ago
While I know it exists again, we are talking about the Nasdaq 100. It’s already a pretty quirky specific index and folks investing in it are already aligned with a spacex type of company.

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