pbreit

70 ms·

1. 871.▲
   by pbreit 7y ago

   I'm not sure I believe that. All evidence points to businesses and people becoming very effective at cost-cutting following a drop in income.
2. 872.▲
   by pbreit 7y ago

   It wasn't the budget that was cut by 41%, just the government's contribution. There's still tuition, bonds, etc.
3. 873.▲
   by pbreit 7y ago

   Unpopular opinion: there's probably a lot of fat to be cut and this is possibly the only way to do it. Prediction: The most customer-unfriendly trimming will come first.
4. 874.▲
   by pbreit 7y ago

   Of course the items are priced.
5. 875.▲
   by pbreit 7y ago

   "they do pretty crappy job of being a car as good as one that costs half as much" I would disagree emphatically with this assertion. The UX in particular seems to have been very thoughtfully considered whereby the few controls tha
6. 876.▲
   by pbreit 7y ago

   With services like DistroKid (from F'd Company creator "Pud") I'm wondering how big of a deal this actually is? The optics definitely are lousy. https://distrokid.com
7. 877.▲
   by pbreit 7y ago

   "Luxury, modern, new vehicles driven by statistically more wealthy drivers". As far as risk aversion, I would say this group and Tesla owners are near opposites. Add in the completely different torque and breaking behavior. A comp
8. 878.▲
   by pbreit 7y ago

   Retool looks super neat but I'm wondering how it works in practice. Any experience here?
9. 879.▲
   by pbreit 7y ago

   Did you know there are 1.5 million auto-related deaths per year around the world. And in 7 years around 23 associated with Teslas? And none of the autopilot accidents affecting other people?
10. 880.▲
    by pbreit 7y ago

    It's OK but they have to tell you not to.
11. 881.▲
    by pbreit 7y ago

    I call that "almost no marginal cost".
12. 882.▲
    by pbreit 7y ago

    Sounds wrong. First of all, I'm pretty sure it's not the SEC which forbids selling the first 6 months. It's the underwriting banks that enforce this on pre-ipo shareholders in order to protect the price volatility of the offe
13. 883.▲
    by pbreit 7y ago

    Hopefully you were able to grasp the need for touch screens on mobile devices. Same for cars.
14. 884.▲
    by pbreit 7y ago

    I don’t think being realistic is incompatible with being optimistic.
15. 885.▲
    by pbreit 7y ago

    There is never anything wrong with being relentlessly optimistic/positive because not reaching your optimistic/positive objectives never matters! Note: I did not read the article.
16. 886.▲
    by pbreit 7y ago

    Edit: shut
17. 887.▲
    by pbreit 7y ago

    I don’t think it’s crazy for customers to be able to retrieve their own data.
18. 888.▲
    by pbreit 7y ago

    Micro deposits definitely do not work fine. If banks offered an authenticated way to confirm bank account & routing number instantly and without access to txn history, would be much better.
19. 889.▲
    by pbreit 7y ago

    Plaid is mainly US where PSD2 does not apply. Banks sometimes get together to work on these topics but it rarely goes well (see ofx/ofc). What more frequently happens is a company like Plaid forces it and then works with banks to satan
20. 890.▲
    by pbreit 7y ago

    In Europe there are industry consortiums working specifically on the account access topic: https://www.openbankingeurope.eu/
21. 891.▲
    by pbreit 7y ago

    It should be pretty hard to shit down a legit biz. Seemed automatic in this case.
22. 892.▲
    by pbreit 7y ago

    I don’t understand how the account did not have payment history. Hadn’t it been in operation for quite some time?
23. 893.▲
    by pbreit 7y ago

    I think OKRs are intended to mitigate the lack of customer awareness exhibited in this post. If you’re having that hard of a time linking your efforts to your paying customers, that sounds like a problem.
24. 894.▲
    by pbreit 7y ago

    But none of this really addresses my original post.
25. 895.▲
    by pbreit 7y ago

    College presumably increases the borrowers earning potential. Not so, a house. Average student debt load I believe is much less than $100k. 5% interest accrues very modestly. The bankruptcy thing is irrelevant to this discussion.
26. 896.▲
    by pbreit 7y ago

    "Just throw in an ICE" is your grand idea? That sounds like the argument folks were making to add a keyboard to iPhones. Perhaps you weren't aware that Teslas are holding 80%+ of their charges over 300k miles and are expected
27. 897.▲
    by pbreit 7y ago

    This mentality is exactly the reason a new entrant was able to find huge sales success in an extremely difficult and expensive industry.
28. 898.▲
    by pbreit 7y ago

    I don't totally understand the idea of forgiving student debt. Isn't it fairly healthy to take out a loan to invest in yourself and then pay it back?
29. 899.▲
    by pbreit 7y ago

    Four years at UC is about $55k.
30. 900.▲
    by pbreit 7y ago

    He later said there’d be a loss in Q1.