manquer

40 ms·

601.
by manquer 2y ago
FTX invested $500M in Anthropic for 8% (at the time) and the bankruptcy estate sold 2/3rds of that for $884M, while it is tidy sum, it doesn't move the needle much in the overall money owed to creditors of $11.2B . The estate has
602.
by manquer 2y ago
That is by design?Bell was broken up by the government. It didn’t become what it is today without that intervention. The anti trust policies till the early 80s and seeing a revival currently with Lina khan and the FTC is not to have monopo
603.
by manquer 2y ago
SpaceX hasn’t tried to go public , arguably being private has helped them ability to raise a lot of money from investors is key to their successes. Their kind of product development [1] needs a long term thinking which public markets will n
604.
by manquer 2y ago
I don't think OP means for the lack of need or popularity, more so because vendors and platforms do not want them to be.
605.
by manquer 2y ago
> if there was enough demand I really hope there truly isn't in a real sense. Old and new wars being fought with anti personnel mine and seeing the numbers of young and fit men and women losing limbs to uncaring political goals is d
606.
by manquer 2y ago
In my experience it is function of how a society values personal space and courtesy. You do find a lot of social music in high density environments such as in found in global south or in America cities where personal space is not a much of
607.
by manquer 2y ago
There is a difference between not imagining it will be valued at 100B and not imagining it will be 1B+ or a 100M exit. It is quite likely they knew the latter as relatively low risk expected outcome . Even at 100M exit, which by valley stan
608.
by manquer 2y ago
It matters because the HN crowd maybe small when it comes consumer products , but is a dominant factor for cloud purchases. Having been burnt too many times with Google products[1] I try not use their offerings on the cloud many decision ma
609.
by manquer 2y ago
they were caught and fined, that doesn’t happen with crypto exchanges? While under the American umbrella of regulation neither bank is American is kind of notable I suppose. Perhaps European regulators are not as strong is more a issue rath
610.
by manquer 2y ago
In an ideal world, would I like to see drugs or sex work decriminalized and legally transacted ? Yes, but that is not the world we live in , most democratic elected governments have unfortunately not done that. unable to pay/receive fo
611.
by manquer 2y ago
I am fairly sure that there is no formal way to send money from United States to Iran or North Korea by an individual or even a business without special government authorization. Happy to be proven wrong if there ways to send/receive m
612.
by manquer 2y ago
Is there evidence of discrimination ? Are banks rejecting services because of age/race/gender/ethnicity etc ? KYC to reject basis legality of the source seems an acceptable tradeoff to live in a civilized society?
613.
by manquer 2y ago
Our banks don’t work with Iranians or North Koreans , with crypto it is also about who not how much
614.
by manquer 2y ago
Also don’t keep money that that you cannot afford to miss in fintech because they are not banks at all. The FDIC insured bank which actually has money when using these apps is somewhere in the backend and you get stuff like the synapse ban
615.
by manquer 2y ago
They are not immediately short of actual cash per se, but they have been doing a lot of layoffs and pulling back on big ticket investments like the foundry they had planned in Germany, financial health is a top concern . they are also loosi
616.
by manquer 2y ago
It is not the first choice of revenue of course, they and everyone would like to be Nvidia and pick and choose the customers standing patiently in line outside the door. However in tough times, having the culture to change and deal with cus
617.
by manquer 2y ago
The failure rate is not truly random with a nice normal distribution of failures over time. There are sometimes higher rates in specific batches or they can start failing altogether etc. Backblaze reports always are interesting insights in
618.
by manquer 2y ago
Are you sure ? People do not move in significant numbers from Android anymore, a lot of people just do not want to learn a new interface and workflows and happy with their ecosystem. Anecdotally I tried to get my dad to a iPhone 14 and shif
619.
by manquer 2y ago
It doesn't matter, second hand or not every day devices like phones do not last for say 10 years on average even iPhones. Apple only needs a device to last 6 years(on average) to keep current sales levels, that includes all the irrep
620.
by manquer 2y ago
Nice to have sure, enough to consider spending upwards of $1000 on upgrade? don’t think so.
621.
by manquer 2y ago
> going to make returns on the money invested Why do you think need to make money ? VC are not PEs for a reason. a VC have to find high risk/ high reward opportunities for their LPs they don't need to make financial sense, tha
622.
by manquer 2y ago
> ironic that Xbox of all people would complain They are not complaining, they have only responded(in June) to a EU watchdog query and saying it not possible for them pay for IAP at 30%[1] to Apple and sell profitably, even though EU mad
623.
by manquer 2y ago
If you are investing majority of your wealth in anything risky enough to depreciate, this model of wealth management is not suited for that? That doesn't mean no risks should be taken, this step comes after that. Lets say you found a
624.
by manquer 2y ago
Even if the difference is zero between the two . The rich would still save capital gain and estate tax on the initial amount . Rate only matters if you still worried about asset growth. At 300M+ net worth you are more worried about securing
625.
by manquer 2y ago
The return % is hardly important to what author is saying here. You can assume 4% and still get to 200M in 35 years. Does 200M or 750M make any difference to the point ?
626.
by manquer 2y ago
> Ahead in terms of what? Passenger safety for starters, passing safety audits, units shipped or sold, not having a 60 year old airframe to iterate its product with [1]. > Airbus benefits when Boeing drops the ball. It also has to bui
627.
by manquer 2y ago
OP is EU has become an open air museum and all the good companies are now either American or Chinese. > Boeing makes the comparison easy for Airbus. What else to compare against this claim ? Airbus is by no means perfect of course, but i
628.
by manquer 2y ago
They license the software to run the cloud , they don’t act run it . Basically a white labeled solution for DC software like OpenStack This is not a new idea and is how Azure(or AWS) always operated in China. The Azure Fabric software is li
629.
by manquer 2y ago
The flip side is a lot of governance in US which is typically centralized is distributed to states and yet there are 2M federal employees. Also only country with comparable language complexity to EU is India, so many languages adds enormous
630.
by manquer 2y ago
Doesn’t feel like that looking at Airbus and Boeing .

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