patio11

41 ms·

1. 361.▲
   by patio11 7y ago

   Do you have a strong preference versus learning this from videos versus other potential form factors, like a podcast or e.g. glossy coffee-table book or less-glossy "this essay times N" book?
2. 362.▲
   by patio11 7y ago

   Yep. If it isn't explicit enough: the reason you sell liquidity is that people pay for it, hopefully more than it costs you to provide. You collect, approximately, half the spread less your losses to adverse selection and hope to cover
3. 363.▲
   by patio11 7y ago

   I would encourage people to read the Pets.com 10-Q to understand what the dot com bubble was like from a corporate finance perspective, because there are deeper lessons than "Some companies with substantial Internet operations IPOed.&q
4. 364.▲
   by patio11 7y ago

   I think I switched to AppAmaGooBookSoft in ~2015.
5. 365.▲
   by patio11 7y ago

   This was quite unfun. (Fixed now, after I blackboxed what the actual problem was. Some Googlers are looking into the docs/error messages to fix that half.)
6. 366.▲
   by patio11 7y ago

   Build something, or write something, or paint something, or...
7. 367.▲
   by patio11 7y ago

   By doing nothing because you will have less than a basis point of WeWork exposure.
8. 368.▲
   by patio11 7y ago

   HN exposed me to http://www.nytimes.com/2013/09/01/opinion/sunday/squirrel-po... , which has the best paragraph about squirrels ever: Matthew Olearczyk, a program manager with the Electric Power Re
9. 369.▲
   by patio11 7y ago

   You’re right that wasn’t very clear. If the subscription is started using Stripe Checkout and charged at sign up, the initial payment is protected by Chargeback Protection. Trials that are charged at a later time and future recurring paymen
10. 370.▲
    by patio11 7y ago

    Here's a stylized example which may help: Monday: credit card does a transaction at a particular business. Thursday: user calls bank to report card stolen as of previous Sunday. This kicks off a TC40 on all transactions on or after Sun
11. 371.▲
    by patio11 7y ago

    You live in a country with franchises, right? What would you articulate as the brand promise of a McDonalds? McDonalds has a very clear internal understanding of that brand promise: it includes clean bathrooms, a smile, extremely low prices
12. 372.▲
    by patio11 7y ago

    It’s not clear no one wants them, since there is little data available to an ex-salaryman looking to open one in a particular neighborhood and if you do an unsophisticated “just watch a store all day” competitive analysis both a thriving st
13. 373.▲
    by patio11 7y ago

    I think my HN participation is just a function of where I am in life right now, to be honest. (Sandwiched between a demanding job which uses a lot of the same cycles that HN used to use and having a young family.)
14. 374.▲
    by patio11 7y ago

    When I was running my own software business, we needed one pervasively for cashflow management. They're rather difficult for small businesses to secure from traditional financial institutions in the US, especially post financial crisis
15. 375.▲
    by patio11 7y ago

    If you have an unfilled limit order which is resting on the book at a stock exchange, anyone with L2 data (available for single-digit dollars per month from InteractiveBrokers, among others) will be able to see it, though it won't be l
16. 376.▲
    by patio11 7y ago

    The state of Delaware will continue assessing your LLC franchise taxes until it puts your LLC in a "void" status after 3 years of non-filing of the annual report / payment of the tax. https://delcode.delaware.gov
17. 377.▲
    by patio11 7y ago

    I wrote answers for a number of these questions for Stripe Atlas; c.f. https://stripe.com/atlas/guides/incorporation , https://stripe.com/atlas/guides/business-taxes , and the https:&#x2
18. 378.▲
    by patio11 7y ago

    Ask a simple question, get a simple answer: yes. Simplest possible illustration: Japan's equivalent of an LLC costs +/- $10k in running costs for most HNers and doesn't do pass-through taxation, which might counsel sole propr
19. 379.▲
    by patio11 7y ago

    No, -tachi is plural rather than an honorific. If I’m talking to you, who does not work at Stripe with me, and I promise a call from a named coworker, I would call them by their last name with no honorific. This is because my coworker is an
20. 380.▲
    by patio11 7y ago

    You should -san the outgroup (including when speaking about them in the 3rd person); you should not -san the ingroup. Whether someone is outgroup or ingroup depends on who you're talking to and can change. There are other options as we
21. 381.▲
    by patio11 7y ago

    I like that Wikipedia does this regarding people and titled works of art, at least heading their own articles. Example: https://en.wikipedia.org/wiki/Tar%C5%8D_K%C5%8Dno
22. 382.▲
    by patio11 7y ago

    Satoshi is known to have mined the first several blocks for Bitcoin. Each of those blocks has a coinbase address where the miner fee was deposited; each address encodes a public key. Write a message like “I am Satoshi. Here’s a boring detai
23. 383.▲
    by patio11 7y ago

    Grifting conman. A walk down memory lane on one of his previous attempts to demonstrate he was Satoshi: https://github.com/patio11/wrightverification/blob/master/RE... The one positive thing I can say ab
24. 384.▲
    by patio11 7y ago

    The NYT has written about taxi medallions for many years. The contrast in their writing on them is pretty striking: https://cityroom.blogs.nytimes.com/2011/10/20/2-taxi-medalli... I had more boosterism bookma
25. 385.▲
    by patio11 7y ago

    In general, you should not solicit from counterparties whether they believe the terms they are offering to you are reasonable or not. Assuming you're a well-compensated professional, which is true of the overwhelming majority of people
26. 386.▲
    by patio11 7y ago

    A student whose situation I’m personally aware of was threatened with expulsion during middle school after a history of being an undistinguished but not particularly troublesome student for a) doodling a bobomb (character from Mario) in the
27. 387.▲
    by patio11 7y ago

    As described it is an inferior product on both sides of the transaction to ones which are extremely available in the status quo, unless you propose simultaneously making the interest rate the best one in the country, and so you wouldn’t be
28. 388.▲
    by patio11 7y ago

    Stripe has offices in San Francisco, Chicago, New York City, Seattle, Amsterdam, Bangalore, Berlin, Dublin, London, Paris, Melbourne, Singapore, and Tokyo. Engineering hubs have organizational infrastructure that the rest of our offices may
29. 389.▲
    by patio11 7y ago

    Specifically: We have remote data scientists (I work closely with one in Tokyo) and will have more in the future. Generally: every engineering workstream at Stripe will have remotes in it.
30. 390.▲
    by patio11 7y ago

    We have talented lawyers and comply fully with employment-related requirements everywhere we do business. These get rather nuanced, particularly when factual situations get complicated, but if we weren't ready to implement complex stat