overrun11

11 ms·

91.
by overrun11 4y ago
> If their project was profitable to the tune of 10% margins and the risk free rate makes it only 5% The 5% needs to be weighed against the cost of capital, not just the absolute return from the company's perspective. A 5% return so
92.
by overrun11 4y ago
I think it is a fairly new thing yes. I could be wrong but the distinction between owner and manager seems like a fairly recent development. The people in charge have always reaped the bulk of the profits but also bore most of the risk. Now
93.
by overrun11 4y ago
He appealed and it was affirmed by an actual moderator that it was against the TOS. He was allowed back on the platform after deleting the tweet as the linked thread explains. So yes, he was banned for violating the TOS.
94.
by overrun11 4y ago
You can be banned for stating a verifiable fact if it's too inconvenient: https://twitter.com/steve_sailer/status/1607733672635158528
95.
by overrun11 4y ago
> Political groups are not a protected status Who cares? Something being legal does not make it good as I'm sure you know.
96.
by overrun11 4y ago
> You only pay taxes on profit. That's the question isn't it? What is considered your profit depends on what costs you must amortize vs. expense in year one. I'm not super familiar with this legislation but the concern is
97.
by overrun11 4y ago
I think you’d see substantially more crime if the US incarcerated less people. The evidence is clear, released prisoners have a much higher rate of violent crime than the average person. I’m sort of confused where this meme that prisons don
98.
by overrun11 4y ago
Have you ever been to a prison? It’s not a randomly selected group. The majority of prisoners are in for serious violent offenses, easily confirmed by looking at the data or speaking to anyone who works in a prison.
99.
by overrun11 4y ago
Qualified immunity pertains to civil liability and therefore wouldn’t be relevant to the parent comment’s suggestion.
100.
by overrun11 4y ago
> we would see booming levels of wealth in middle america among the elderly. I'd be interested to see evidence but I suspect we did see this? Retirement portfolios and housing prices (where the majority of elderly wealth is) balloon
101.
by overrun11 4y ago
Any evidence?
102.
by overrun11 4y ago
Google's average total compensation per employee is much higher than that, around $300k IIRC. You also need to back out cost of revenue to get a more accurate picture of return.
103.
by overrun11 4y ago
> We couldn’t have the workers collectively realizing their worth now, could we? What is stopping them? If this were really true wouldn't we see at least a few examples of large worker collectives succeeding by now?
104.
by overrun11 4y ago
The median shareholder in Microsoft, Google and Amazon is likely a lower economic class than the median employee at these corporations if I had to guess. The framing of ordinary workers getting the boot so fat cats can buy bigger yachts is
105.
by overrun11 4y ago
> nor do I believe is it an example of totalitarianism These conversations never go anywhere. The battlelines are already drawn. It just becomes a semantic debate around loosely defined terms like totalitarianism.
106.
by overrun11 4y ago
You might find "Why Liberalism Failed" by Patrick Deneen interesting if you haven't read it already. He argues that modern liberalism is the inevitable successor to classical liberalism.
107.
by overrun11 4y ago
> "Coincidentally", they never support LGBT rights in any of their work. I wonder why that is. Why would a free-speech advocacy group support LGBT rights? They "coincidentally" don't support nuclear disarmament o
108.
by overrun11 4y ago
> my maths skills are lacking The majority of computer programmers do not use or know any math beyond the high school level. Math is great and I won't discourage you from learning it but for an entry level programming job it's
109.
by overrun11 4y ago
I never said average. I said it's a fairly common household income on HN– which is true.
110.
by overrun11 4y ago
All things equal I don't think they should. The reality is probably a combination of early employees not being as skilled as the founders and behaving irrationally/ not understanding the value of their equity.
111.
by overrun11 4y ago
> cleaners and other menial jobs contribute as much to society as any geniuses (evidently, as societies without those menial jobs got outcompeted) Scarcity is clearly an important component of value. This is essentially the "why is
112.
by overrun11 4y ago
Aren't we just back to rehashing vapid Marxist arguments? In your experiment a brilliant computer scientist working on a breakthrough invention will be forced to do menial tasks like data entry and accounting him/herself rather th
113.
by overrun11 4y ago
Isn't this basically what a recapitalization is?
114.
by overrun11 4y ago
I agree 100%. Also, I don't see a substantial difference in risk between a founder and an early employee at all. Founders typically have little invested in the startup other than their own time but they compensate for that by paying th
115.
by overrun11 4y ago
10M would give you a safe withdrawal rate somewhere between 300-400k a year. A fairly common household income for people on HN. It affords a very nice quality of life but you're certainly not living the lifestyle that most people think
116.
by overrun11 4y ago
> I followed this and managed to sell a handful of people on helping them land their first dev job I've always wanted to do something like this. Could you share more about it? I think I could provide a lot of value to a new dev but
117.
by overrun11 4y ago
It's a huge stretch to apply the same rights to companies. Companies are not people and do not automatically get the same rights individuals do.
118.
by overrun11 4y ago
> they select for students that had the luck (or the right parentage) to go to either a private school or to a public school in a well-funded school district. They select for math ability, it just so happens that students with access to
119.
by overrun11 4y ago
Or we could acknowledge that society functions best when the most qualified people are chosen and decide to only discriminate on merit. These selection criteria are meant to match students with schools filled with students of the same abili
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by overrun11 4y ago
Promoting strong family structures and communities. Supporting social norms that dissuade destructive behavior.

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