nostrademons

952 ms·

3451.
by nostrademons 7y ago
You'd have to encode it in the bylaws at the time of incorporation, and then enforce it upon pain of dissolution of the company (so that if a rogue CEO decides they want to stay after all, the rest of the world is like "But now th
3452.
by nostrademons 7y ago
It's interesting. Many large companies routinely fire the bottom 10% of their employees every year. I wonder if they would perform better if they routinely fired the top 10% of their employees (by org chart, not by performance rating
3453.
by nostrademons 7y ago
I would bet on the carry trade caused by negative interest rates in the EU. With rates negative there, it makes sense for savvy traders to borrow in Euros (and get paid for it), convert those Euros to Dollars at a U.S. bank (which requires
3454.
by nostrademons 7y ago
Ternary operator is a C-ism. It's common in C, C++, C#, Java, PHP, Swift, Javascript, ActionScript, and related languages, but not present in most of the rest of the PL world. 'if' is an expression in Lisp, Haskell, ML, Sca
3455.
by nostrademons 7y ago
For a lot of scripts you want the program to crash with a stack trace if you get an IOException, which is the default behavior if it's uncaught. The user is the developer, and if there's an error the developer fixes it by munging
3456.
by nostrademons 7y ago
Most languages with Either/Result have some form of monadic composition and type inference. This lets you basically ignore the error condition until you get to a level where it's appropriate to handle it, and the compiler will ch
3457.
by nostrademons 7y ago
This doesn't really showcase many of the best advantages of Kotlin. They should add some with data classes, JavaBeans, multiple assignment, lambdas, map/reduce/fold, extension methods, etc. I've found that Kotlin code
3458.
by nostrademons 7y ago
That depends a lot on your past background. A number of the employees at these megacorps have either worked in finance before, or at one of the big consulting firms, or they've done the Valley dance between the hot growth companies of
3459.
by nostrademons 7y ago
That saying's usually not true when you're dealing with employee stock compensation, where you own the shares outright and make enough in cash salary to live on. Ownership is forever (modulo a revolution or other forcible overthr
3460.
by nostrademons 7y ago
Depends how the company is doing. Depending on the internal transparency of the company, as an employee you're often privy to a lot of information that Wall Street does not have access to, eg. you'll oftentimes know their upcomin
3461.
by nostrademons 7y ago
I started 11 years ago and left 5.5 years ago and new Docs were public by default the whole time I was there. When I left there were murmurs about making Docs private by default but it hadn't happened yet.
3462.
by nostrademons 7y ago
I think we did a Lyft once where we scheduled the night before and a specific driver accepted the ride that evening, then showed up at the godawful time in the morning that we specified. It was basically like arranging a taxi, but through
3463.
by nostrademons 7y ago
Dividends are not guaranteed either - companies can and do suspend dividends whenever they have cash flow or profitability problems.
3464.
by nostrademons 7y ago
This study cites expert predictions from the 1990s and then polls another set of experts today about whether the predictions came true. I'd argue that that's a uniquely bogus experimental design, because: a.) you've cherrypi
3465.
by nostrademons 7y ago
That's not really true. Ads give people the opportunity to learn about products they wouldn't otherwise know about. If the new products are better, economic value is created. If they aren't, no transaction occurs and nobod
3466.
by nostrademons 7y ago
So turn off ads. The whole point of a market is that people who don't think whatever you're doing is worth the price you're getting don't have to do it, while those who think that it is worth it get the rewards. By tur
3467.
by nostrademons 7y ago
Also the potential markets affected. VR really only affects the games & entertainment market, which is big, but best case you're revolutionizing Hollywood. AR is applicable to a wide variety of B2B markets - surgery, piloting, ha
3468.
by nostrademons 7y ago
"Here in California, insanely high levels of mercury have been found in cougars and mountain lions in the mountains between Santa Cruz and the Bay Area" That area is on top of a mercury mine - there's a reason it's calle
3469.
by nostrademons 7y ago
The advantage could be in eliminating the jobs of the mom & pop drycleaners and the rent they pay for the space. That's surplus that could be captured by a dry-cleaning app delivery service, assuming that the cost of transportatio
3470.
by nostrademons 7y ago
I thought the same way when I got out of college, but changed my mind after a decade or so in the industry. What changed could be neatly summed up by this post: https://www.kalzumeus.com/2011/10/28/dont-call-
3471.
by nostrademons 7y ago
If you don't care about whether it's tested this startup had a plausible business model: by coming up with an algorithm to identify fashion taste, fashion e-commerce sites could show more relevant recommendations, which leads to m
3472.
by nostrademons 7y ago
Well, yes, but not in the way you mean. If you want $100K for a dry cleaners you get a bank loan, the same way people have been doing it for a century. Equity capital is solely interested in business models that either wow people or fail
3473.
by nostrademons 7y ago
Startups with scalable, repeatable business models are basically not startups anymore, since the whole point of a startup is to search for scalable, repeatable business model. And valuations match that: once the startup has actually foun
3474.
by nostrademons 7y ago
> Maybe I'm being naïve here, but isn't it kind of crazy to raise 3.5M in funds for a business that has no plan but to be acquired by someone else? That's pretty common, and is basically what seed funding is . The parado
3475.
by nostrademons 7y ago
> Scala is the most expressive and powerful language on the JVM, hands down. So I'd agree with that statement... > do yourself a favor and use Scala ...but not that one. I've found that Scala gets too expressive, much the
3476.
by nostrademons 7y ago
https://a16z.com/2010/12/16/ones-and-twos/ This is often inherent in the organizational structure of big companies. To the extent that there are visionaries in a big company, they're usually not an
3477.
by nostrademons 7y ago
Kotlin is basically Java without the boilerplate. Some of the code snippets on the page, translated into Kotlin, would be: data class User(val username: String) data class Config(val userTable: DynamoTable, val userId: String) type
3478.
by nostrademons 7y ago
Also allows the other Alphabet companies to have independent investors who may not want to invest in "Google" itself. Niantic is the prototype for this: it's success with Pokemon Go couldn't have happened without the pa
3479.
by nostrademons 7y ago
He's a Type-2 CEO [1], a Ballmer, Sculley, or Cook figure. These types of personalities are generally incapable of innovating, but they're very good at maximizing the growth, efficiency, and profit potential of existing product l
3480.
by nostrademons 7y ago
Company lifespans these days are a lot shorter than human lifespans. 25-40 years seems typical, making a company-year 2-3x a human year. By that yardstick, Google was in its young adolescence when it IPO'd (seems reasonable), was an i

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