patio11

37 ms·

391.
by patio11 7y ago
We use Slack, Zoom, Google Docs, Github, and a handful of other widely-adopted technologies. They're really good and we couldn't do this without them, but they're probably not the lynchpin to making this work at scale. We&#x2
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by patio11 7y ago
Our jobs page is at https://stripe.com/jobs or you can attend a coffee chat with us and then let the conversation continue that way. https://stripe.events/remote-coffee
393.
by patio11 7y ago
Bitfinex's initial need for them is simple: they have a very, very lucrative business, which is allowing speculative demand and supply to meet and charging fat fees for matching them. This business requires speculators to be able to mo
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by patio11 7y ago
The price of Bitcoin as denominated in tethers is increasing (supply/demand as people attempting to exfiltrate value to a safer asset) and Bitfinex has quite a lot of Bitcoin, both their own, their reserves, and other people's, so
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by patio11 7y ago
This is riveting. I find myself wanting to give you pull quotes but honestly just scroll down, especially to the points where they quote chats that Bitfinex showed them under subpoena.
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by patio11 7y ago
You might enjoy this court order: https://ag.ny.gov/sites/default/files/2019.04.24_signed_orde...
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by patio11 7y ago
This is pretty big news; the entire cryptocurrency economy relies on tethers being valued at par, given that they're how billions of dollars of liquidity are denominated. While rumors and suppositions about Tether have swirled for quit
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by patio11 8y ago
Ask a simple question, get a simple answer: the FBI exists to stop kidnapping and is singularly effective at this. If you kidnapped a soccer mom for ransom their budget for resolution is denominated in millions of dollars per day until it m
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by patio11 8y ago
Ditto Nakameguro, a tony neighborhood with both lots of tourists and a dense residential population. The local store is, by casual observation, mostly people from the neighborhood buying shampoo, coffee, liquor, and sundries.
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by patio11 8y ago
Well stocks can't be sold in tiny tiny fractions. n.b. Not true; a lot of retail brokerages are happy to deal in fractional shares. A common use case is implementing dividend reinvestment, where you might have the 10 shares you own i
401.
by patio11 8y ago
This is an extremely available offering from brokerages, including Charles Schwab and Interactive Brokers. The magic word in the industry is "integrated cash management", and the mechanism is usually "You use the debit card a
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by patio11 8y ago
The hypothetical person taking this advice has nothing whatsoever to worry about from me competing for their job, as anyone with the misfortune of having read my frontend code can readily attest to.
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by patio11 8y ago
This is a relatively common question for early-career developers. It is not a question which is formed well enough to give you a specific answer. Some ways which might refine one's thinking on goals: What does it mean to be the "b
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by patio11 8y ago
The IRS does not in the ordinary course receive informational returns about people's bank accounts. They do receive informational returns about interest generated by bank accounts (and other places), but they don't get e.g. tran
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by patio11 8y ago
Typically a bank mortgage would be secured by the property, not by other assets of the purchaser. Some (but not all) stocks / options might be restricted from being pledged/liened/hypothecated/etc, so they might not be a
406.
by patio11 8y ago
Small scale operation of rental properties may be the most common small business in America, so if one actually believes this thesis then one has an easy option to compete down the differential while feeling good about oneself, with very lo
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by patio11 8y ago
It's industry jargon for "each allocation for a single person which appears on a planned set of hires."
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by patio11 8y ago
As time goes to infinity we plan on having Stripes building products very close to as many of our customers as possible, which is (much) more widely distributed than the status quo, which is (much) more widely distributed than open recs on
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by patio11 8y ago
There are many (tens of percent of engineering, etc); we are taking steps to materially increase the number.
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by patio11 8y ago
That would have been close to my estimate prior to joining. The actual number is more than an order of magnitude higher, across the industry, for fifty years. Insert "this is fine" gif here. If anyone thinks "Oh wow that isn&
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by patio11 8y ago
The City of Erie, Pennsylvania, is the Erie on the hook for fire and police pensions. https://www.paauditor.gov/media/default/MunPenReporting/RPT_... Why bring it up? Because cities are special purpose vehicl
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by patio11 8y ago
"At the same time, the city's infrastructure is aging and requires more maintenance than it once did." The thing which is aging is more likely the base of city employees and retirees who were promised defined benefit pensions
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by patio11 8y ago
This is a far, far better deal than the one that I got for university (CS at a major US research institution, class of 2004), which involved a sticker price of about $140k, a work study assignment unjamming printers to justify ~$2k of wages
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by patio11 8y ago
But if you have arbitrary code execution on a MacBook, you probably have everything you want from that MacBook, because consumer desktop OSes and application software is insufficiently locked down to prevent you from getting everything you&
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by patio11 8y ago
HN has a wide distribution of folks at different career stages, employers, career tracks in the tech industry (and a substantial contingent outside), geographies, etc. Well-compensated engineers at AppAmaGooBookSoft do quite well for themse
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by patio11 8y ago
$450k is approximately the package (salary, bonus, 1 year of RSU vesting) for the “career level”, the point in the ladder that all devs are expected to make if they’re not fired. AppAmaGooBookSoft people can tell you the exact name of it at
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by patio11 8y ago
No serious company makes that choice, which misunderstands what companies use bug bounties for. Google, for example, pays out bug bounties regularly, but their main security expense is wages/etc of security professionals, and that is p
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by patio11 8y ago
Given that you explicitly allow maintenance? Then your #1 problem is making an organization which persists for 100 years; the software is a detail. If you didn't allow that, then you're asking for a complicated series of bets on f
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by patio11 8y ago
While I get why that distinction sounds like it matters on a message board, for all of the HNers that will be in a position to hire and fire people: if you make a practice of mentioning holidays when firing people, your lawyers will make a
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by patio11 8y ago
I think those of us in top 5 auto-stigmatize about that fact enough without needing an explicit caste system, which are _impossible to make meaningless_.

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