matwood

5 ms·

31.
by matwood 2mo ago
In most cases you have the causal effect of PE incorrect. By the time PE comes in, the company has already peaked and is on a downslope. The original owners know this, want to get out and sell. Blaming PE is like blaming vultures for the ro
32.
by matwood 2mo ago
Yeah, people act like this style is new, when it absolutely is not. There's this weird romanticism of the time pre-LLMs where people imply all writing/code was perfect, and only now it's slop. EDIT I also read your linked com
33.
by matwood 2mo ago
Most companies would be best served picking MySQL or PG and only adding something else if absolutely necessary. Every piece of software added increases complexity.
34.
by matwood 2mo ago
Others are almost never as dumb as you hoped, and you’re rarely ever as smart as you think.
35.
by matwood 2mo ago
For the kids out there, calling a number for recorded information was common in the 90s I guess? Movie times was a big one. Where I was locally, multiple surf shops did 3-4x daily surf reports. The later was a bit funny because if one of th
36.
by matwood 2mo ago
I'm fine if leaders talk about mission and vision as long as it's to inspire and not in lieu of money. The right amount of money is table stakes. The problems start when leaders begin replacing money with mission, and people buy i
37.
by matwood 2mo ago
I agree with you mostly, and it’s important for everyone to understand. With that said, not everyone maximizes for only money.
38.
by matwood 2mo ago
Straight to unhinged speak is definitely refreshing /s
39.
by matwood 2mo ago
> OpenAI, even after raising this much capital, had never anticipated that something like this could happen yet keeps digging it's own grave. Hubris.
40.
by matwood 3mo ago
I'm not religious, but this quote often comes to mind in these situations, "he who is without sin, cast the first stone." Clearly everyone else is perfect, and only these authors had faults.
41.
by matwood 3mo ago
> The end of interest-based 3rd places A good jiujitsu gym is pretty amazing for this. It's a melting pot of people from all socioeconomic and political groups. It's great exercise, can be done at any age, and at any level. It
42.
by matwood 3mo ago
Thank you for your comments. In short, it's complicated. The other piece which you didn't mention that other people bring up is cutting off the 4B-8B in military aid to Israel. In the past that might have given the US more leverag
43.
by matwood 3mo ago
Maybe I missed it, but did Walsh explicitly say it's tariffs and the war driving inflation? There's a reason Trump was fighting with Powell. https://www.reuters.com/markets/us/powell-says-tariffs-keepi...
44.
by matwood 3mo ago
> the first to fall will probably be able to liquidate their gpus at a profit Meta and xAI announcing they are leasing out capacity is a version of this already happening.
45.
by matwood 3mo ago
They are slowly elastic. The only way to speed up the re-pricing is a recession where people lose their jobs and are forced to sell. Otherwise, it's mainly young people entering their first house phase that get impacted - which is exac
46.
by matwood 3mo ago
Amazon had a close call around the .com crash as capital markets froze, but they were not going broke every year. They were purposely (and rather famously in business circles) investing every dollar made in order to grow the business. It wa
47.
by matwood 3mo ago
1T is big in the absolute sense, but that's simply the scale these big tech companies operate at. Go back to 2024 or 2025 and you'll see as a group they are making a net income of $400B+. The scale at which these companies do anyt
48.
by matwood 3mo ago
Long game - lol. xAI lost/never gained traction. The talent all left, so Musk is trying to recoup some of the enormous investment in hardware.
49.
by matwood 3mo ago
To be fair to the judge we all had broken an ordinance about surfing in a certain area. It was enacted to protect swimmers in the summer. With that said, there was a storm with wind, rain, and currents that had pushed us into the area. Obvi
50.
by matwood 3mo ago
> I think they should not have this power, but the agents and courts probably don't care that I think that. ... > and about not angering the agents more than you plan to When I was a teenager (long ago at this point), I got into
51.
by matwood 3mo ago
I wouldn't really say SpaceX expanded its business. It was merged with a social network and AI firm to juice its IPO valuation. The SpaceX part of the business is interesting, but the value is generously only about 20% of the value o
52.
by matwood 3mo ago
Remember this was also when SpaceX was actually about space, instead of mostly AI and Twitter. Long-term shareholders that were sold on the space, have to be thinking about how to get out once their lockups expire.
53.
by matwood 3mo ago
The number of companies that default to using Teams shows why MSFT isn't going anywhere.
54.
by matwood 3mo ago
Not sure why you'd short Google. Their business was doing great pre-AI, and will likely do great regardless of what happens to AI. The rumors of their demise when AI hit the scene were clearly greatly exaggerated.
55.
by matwood 3mo ago
I don't know why you're downvoted. People act like lawyers do something magical, but if you have been around business contracts for 2+ decades you can certainly draft one and then just have a lawyer review if you want.
56.
by matwood 3mo ago
> As a CTO of an Ai first law firm I would like to add that most human lawyers are absolutely terrible This is many people at many jobs. We continue to see this weird thing when AI comes into an industry that suddenly the product being p
57.
by matwood 3mo ago
> Most foreigners I know are incredibly skeptical or opposed to the idea of consuming meat while in America Odd. I live in the EU at the moment and all my friends here talk excitedly about all the meat options in the US.
58.
by matwood 3mo ago
At some point, humor is all that's left when we have this level of incompetence running the show.
59.
by matwood 3mo ago
I feel like I'm reading comments on LLMs writing code where they romanticize that programmers were perfect before LLMs. Doctors are not infallible. I know plenty of them and they absolutely tell me who and who not to go to. The old jok
60.
by matwood 3mo ago
> good dialogue about a serious issue The problem is that the way the current POTUS operates (paid for favors), means any dialog about a serious issue will include POTUS in the conversation.

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