onlyrealcuzzo

180 ms·

2761.
by onlyrealcuzzo 4y ago
> I guess we are finally getting an answer. We will get to see whether the layoffs effect the technology and the development pace, although a lot of the real information will leak out through rumors. Except it won't take effect imme
2762.
by onlyrealcuzzo 4y ago
Tech meme stocks != every company. If the Department of Defense & Amazon & Walmart start laying off 10-20% of staff - that would mean something. All of these tech layoffs don't even represent 1% of tech jobs so far. Let alone a
2763.
by onlyrealcuzzo 4y ago
The US economy != tech meme stocks. Small cap tech stocks were literally worth 10-20x their present values. They hired like crazy (chasing more of that funny-money growth). Now they'll need to cut back some since the funny-money valuat
2764.
by onlyrealcuzzo 4y ago
Why didn't Stripe SPAC or IPO during the boom? I imagine they could've went for 10-20x their current value like most IPOs during that time... IIUC - Stripe actually has good financials. As a comparison - Twitter had ~7500 employee
2765.
by onlyrealcuzzo 4y ago
> Perhaps I'm being overly optimistic but I actually believe the tide is turning on Prop 13 and it may well get repealed in the next decade. I'd probably still bet it won't be repealed but I feel like there's a real c
2766.
by onlyrealcuzzo 4y ago
Dozens of highly profitable public tech companies? There's really on APPL, GOOG, MSFT, AMZN, FB. Pinterest, AirBNB, Adobe, Intuit, Snap, Roblox, etc are usually a pretty big drop in pay - but usually above all but the highest of high p
2767.
by onlyrealcuzzo 4y ago
> Because Python pays more. In the extremely underpaid start-up world? C, Java, C++, Kotlin, Swift, etc - IIUC pay MUCH better and are more in demand at companies where you really make good money as an engineer.
2768.
by onlyrealcuzzo 4y ago
Is Mint cheaper than Google Fi? And does it work on multiple networks and globally? Google Fi just seems like it's substantially better than any other carrier - at least in the US.
2769.
by onlyrealcuzzo 4y ago
You can reduce 90% of the work - but if the remaining 10% is shifted to someone that gets paid 50x as much, it's still a loss.
2770.
by onlyrealcuzzo 4y ago
There's asset price inflation, productivity growth, technological growth, and population growth. I'm not sure why anyone thinks we need more people. Humans make up 34% of all land biomass. There are physical limits to technologica
2771.
by onlyrealcuzzo 4y ago
I actually work in finance reporting, as a data engineer, at FAANG. Interesting that you think the entire data team is double & triple redundant. It's almost as if you're the one lacking knowledge. Speaking as someone who prev
2772.
by onlyrealcuzzo 4y ago
It will take a miracle for Elon to not lose at least $15Bn on this. I'd look at it more that he's trying to limit losses than make a profit.
2773.
by onlyrealcuzzo 4y ago
I would guess he wants to fire the entire team handling the data so he can more easily cook the books, and pretend like he's making a killing on Twitter - and try to flip it to some even more egotistical Billionaire.
2774.
by onlyrealcuzzo 4y ago
This is the dumbest "recession" because it comes on the dumbest asset pump. The S&P is still up 13% from pre-pandemic. That's slightly below historic the historic average, but nothing to be alarmed about. Home prices are
2775.
by onlyrealcuzzo 4y ago
Is there any indication that ad spending LEADS consumer spending? I can't imagine why anyone would turn down ads while ROAS is blazing. Marketers / ad people - is this common? If so, why?
2776.
by onlyrealcuzzo 4y ago
> On a product by product basis, at least for me, it feels like most Google products are worse than they were pre-pandemic. I dunno, MSFT products seem to have only gotten worse since 1995 - and their profits are doing just fine. The q
2777.
by onlyrealcuzzo 4y ago
No.
2778.
by onlyrealcuzzo 4y ago
Revenue is flat in the US - yet dollars are down ~8% - so adjusted for inflation - revenue is down considerably.
2779.
by onlyrealcuzzo 4y ago
Headcount almost double since the Pandemic.
2780.
by onlyrealcuzzo 4y ago
I imagined the storage and RAM also come from Korea. Though I wouldn't be surprised if the battery comes from China.
2781.
by onlyrealcuzzo 4y ago
Probably because people are only building McMansions - mostly because the way the market works - buyers are only buying new McMansions. Between site prep, utility hookup, permits, and plans - there's probably close to a $30k fixed cost
2782.
by onlyrealcuzzo 4y ago
> Electric container ships are an interesting idea, but even there it might actually be cheaper to just synthesize fuel from water and air. How does one do this without power? And if possible, why isn't it done already?!
2783.
by onlyrealcuzzo 4y ago
> because people are expected to take decades longer to pay off a house than it would take for them to build it alone with their own hands in their spare time. The problem isn't the building costs - it's the land costs. Constru
2784.
by onlyrealcuzzo 4y ago
I'm assuming "surface parking" is mainly parking lots - and not counting street parking - which is close to half of all street & sidwalk surface area.
2785.
by onlyrealcuzzo 4y ago
That's surprisingly low. Houston is ~64% streets and parking: https://oldurbanist.blogspot.com/2011/12/we-are-25-looking-a...
2786.
by onlyrealcuzzo 4y ago
Okay - so why do you have to be rich to live somewhere walkable in the US - but not rich pretty much every other country in the world? The vast majority of Madrid and Paris and Berlin are walkable. Sure, there are expensive neighborhoods. B
2787.
by onlyrealcuzzo 4y ago
I'm tempted to think of things as a 0 sum game or positive sum - but California really seems to be a negative sum game. California was pretty nice when I was 22 and didn't mind living in a studio apartment. I honestly think Califo
2788.
by onlyrealcuzzo 4y ago
Yes, my biggest problem with how promotion processes work at big companies is this. How you're supposed to perform at your currently level is pretty well spelled out by your manager - exactly what your expectations are, etc. However, y
2789.
by onlyrealcuzzo 4y ago
> In contrast, I bike over 1000 miles a year and walk several times a week. Yet I am not in a walk-able mixed use neighborhood nor have any interest in living in one. You do realize that, statistically, you are a MASSIVE outlier - right?
2790.
by onlyrealcuzzo 4y ago
Russia is 19% of your Uranium imports. Larger for natural gas. You can easily source that 19% from Canada, Kazakhstan, Australia, and the US instead of Russia.

More ›