otterley

28 ms·

571.
by otterley 5mo ago
> why did you identify the issue as "But it is not revenue for SpaceX, which is the error OP made"? It was an error by implication. They responded with something that appeared to disagree when I responded that any profit SpaceX
572.
by otterley 5mo ago
The false—or at least highly questionable and unsubstantiated—claim is “Now with this incredible deal, SpaceX is now GAAP profitable under the existing rules” simply because Google bought $11B of compute from SpaceX. It depends on how much
573.
by otterley 5mo ago
Yes, the appreciation will accrue to the investor, in this case, Google (and every other shareholder). But it is not revenue for SpaceX, which is the error OP made. I’m aware of the guidelines. Another guideline should be “check yourself fo
574.
by otterley 5mo ago
SpaceX cannot report Google’s investment as revenue on its balance sheet. Full stop. Equity investments are reported as shareholder equity. If you don’t believe me, read FASB ASC 605-606, ask your friendly neighborhood CPA—or, perhaps so y
575.
by otterley 5mo ago
Agreed.
576.
by otterley 5mo ago
I don’t think your math is correct. Profit is revenues minus expenses. Unless Google’s purchase of compute brings SpaceX’s revenues into profit territory (such that their total revenues exceed their expenses), SpaceX still won’t be profitab
577.
by otterley 5mo ago
They’re usually mutual funds managed by a brokerage or a company like Vanguard. Those funds often will have different management strategies than S&P 500.
578.
by otterley 5mo ago
Why would using a stored procedure reduce I/O? I can see it reducing network round trips, but not storage reads and writes.
579.
by otterley 5mo ago
And sometimes 1000% of the shots that you do. (See, e.g., derivative trading.)
580.
by otterley 5mo ago
If they took the right gamble, that is :-)
581.
by otterley 5mo ago
They could just as easily have said nothing at all (and was probably the wisest course). Fewer questions arise from a quiet pause in publishing than from this sort of announcement. > The only difference is I didn't demand any docume
582.
by otterley 5mo ago
I don’t disagree with you, but if we’re talking about the wisest course of action here—assuming what you’re saying is true—it would be to resolve the matter privately and abstain from publishing this blog post in the first place. Perhaps pu
583.
by otterley 5mo ago
What's "unwise" about it? If you're on the right side of both the facts and the law, what harm or prejudice can come from doing so?
584.
by otterley 5mo ago
As an attorney myself, I wonder why. Something about this smells super fishy to me. If I were their counsel, I'd advise them to be consistent: either publish the demand letter along with their blog post, or remain silent about the matt
585.
by otterley 5mo ago
Can we see the demand letter, please? If not, why not? My concern here is that this is like a child going to their parents to complain their sibling hit them, only to find out when you ask the sibling that the first one pushed them off thei
586.
by otterley 5mo ago
Can we see the content of the demand letter? It should have been linked to your post. It's difficult for us to evaluate the merits of their allegations otherwise.
587.
by otterley 5mo ago
He might not yet in custody: > WHEREFORE, I respectfully request that a warrant be issued for the arrest of MICHELE SPAGNUOLO, a/k/a “AlphaRaccoon,” the defendant, and that he be arrested, and imprisoned or bailed, as the case
588.
by otterley 5mo ago
DOJ press release: https://www.justice.gov/usao-sdny/pr/google-employee-charged... Indictment: https://www.justice.gov/usao-sdny/media/1442621/dl Apparently the suspect is a staff e
589.
by otterley 5mo ago
Not to mention the complexity of the hardware required.
590.
by otterley 5mo ago
10-20 minutes seems short. Most doc reads I’ve been in at Amazon have a 30-40 minute reading phase. 10-20 minute reads would only be for very short or simple documents.
591.
by otterley 5mo ago
Unfortunately every generation has a plurality that votes “the wrong way.” This includes Millennials: https://www.pewresearch.org/politics/2024/04/09/age-generati... It seems to start happening when peo
592.
by otterley 5mo ago
Please don’t lump GenX in with boomers. We are the first generation not to have lifetime employment and pensions, the first generation to pay through the nose for higher education, and many of our peers are just barely scraping by at 50 alo
593.
by otterley 5mo ago
> If I, however, have to spend 30-60 minutes justifying something to you every time I come to you, then you definitely are the problem That might be true if you’re skilled in whatever the particular subject matter is. But what if you’re
594.
by otterley 5mo ago
We’re talking about the quiet reading period here. If someone has already read the document or participated in its authorship, they get 20-30 minutes of silence to think about whatever they’d like. And yes, those minutes can be a useful res
595.
by otterley 5mo ago
There’s no product being sold here. The person is trying to solve some self-described problem on his own.
596.
by otterley 5mo ago
That’s why the same book is discussed in the article itself.
597.
by otterley 5mo ago
This is a hypothetical, not an assumption. I’m interested in your response to the hypothetical. As a side note, experience isn’t a unidimensional value that is directly comparable. You can have more experience than someone else in one dimen
598.
by otterley 5mo ago
You can use AI to help, but a badly-written narrative isn’t going to do the author any favors. You want to maximize the probability that your narrative will be accepted. Summarizing with AI isn’t usually a problem, but the objective of the
599.
by otterley 5mo ago
If, as you admit, X was a “weird thing,” what’s wrong with taking the time to persuade your peers that it’s worth pursuing? That’s how you build consensus on a team and construct a decision record to help future teammates and other stakehol
600.
by otterley 5mo ago
What if they do, in fact, have the experience to “know better”?

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