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peripitea
searching PlanetScale…
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31.
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by
peripitea
4y ago
Just reading this and I don't understand how anyone would say this passes the Howey Test. This is clearly a security. The only possible debate is whether there is an expectation of profit, but I can't see anyone seriously entertai
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peripitea
4y ago
I am so confused haha. We just saw a large-but-not-that-large bank fail, and got a small glimpse of the chaos it might cause if the government had not stepped in to backstop deposits above and beyond the $250k FDIC limit -- missed payroll,
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peripitea
4y ago
Yes, but you don't want to deflate for other (often worse) reasons. So could they raise interest rates to 10% and kill inflation? Easily. The trick is in raising them to the appropriate level to curb inflation without suffocating the e
34.
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by
peripitea
4y ago
The bank sector does not crash in a vacuum. If it crashed it would have a massive impact on your life, regardless of how much you hold in your personal account. The last paragraph from this very article gets at that: "Why do I believe
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by
peripitea
4y ago
The term "real" is overloaded. The author is clearly using a meaning here that is different from the one you are using, but that is intentional. His usage makes sense in the context of that particular segment of his writing. From
36.
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by
peripitea
4y ago
A much more likely explanation on the bowling thing is that physical fitness is not required to be a good bowler. Consider: -There are lower-paying sports where fitness does matter, and they all have fit athletes at the top. -There are way
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by
peripitea
4y ago
Pre-profit doesn't just refer to your cash-allocation-adjustment scenario. There's also the broader notion of what you focus on. A company may be pre-profit because they're not prioritizing profitability as a strategic object
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by
peripitea
4y ago
Why is it a euphemism? Delaying profits as a primary objective has been a common startup strategy for decades.
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by
peripitea
4y ago
This may be intentional. For example, if demand for their service is still exceeding supply, they may be targeting customers who are less price conscious.
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by
peripitea
5y ago
I don't know about other ISAs, but with Lambda school the job had to be related to your bootcamp learning for you to owe them money.
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by
peripitea
5y ago
He says not to buy one on Amazon, but I got mine on Amazon for $500 and it works great. Meanwhile the cheapest bike on his list is $1k.
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by
peripitea
5y ago
As with so many things, awareness is often the hardest part. I don't have any advice that isn't already covered here, but kudos to you for recognizing this dynamic in yourself; that awareness will almost inevitably lead to improve
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by
peripitea
5y ago
No worries. You caught me at the end of a long day where I was drained from supporting people I care about through some tough situations, so the questioning of my empathy hit a little harder than you could have possibly anticipated. I appre
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by
peripitea
5y ago
Damn. I know you don't know me, but this is unnecessarily condescending and off the mark. I'm very well aware of everything you mentioned. Maybe I was unclear. My confusion is about the extent of misunderstanding and willful misre
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peripitea
5y ago
>I think it’s funny that people assume that all radical ideas are worth trying and that change can only be good. Nobody thinks that.
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by
peripitea
5y ago
"having money/networks of people with money would give people an advantage in the world" is the status quo! I've worked in tech hiring for years and have seen and tried all kinds of ideas to fix that problem. With the st
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by
peripitea
5y ago
I am (and presumably the people who created and funded this are) capable of critical thinking, and I don't share your judgment. Maybe you're right; maybe I'm right. Either way, your confidence is epistemically unjustified. Th
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by
peripitea
5y ago
I'm (perhaps naively) shocked at how opposed to this people are on Reddit, but especially on HN. This community was founded on startup ideals of trying radical ideas, knowing that most wouldn't succeed but some would go on to have
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by
peripitea
5y ago
I imagine any significant state actor already has multiple employees working inside AWS. I'm not an expert on state security apparatuses or anything, but that just seems so potentially valuable that I can't fathom why they wouldn&
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by
peripitea
5y ago
A public company's value is based on a collective estimate of what people think its cashflows will look like in the future. For a mature company that you don't expect to change much, looking at present financials is a solid way to
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by
peripitea
5y ago
Interesting. You are far more cynical about this than I am. I can't say I know their motivations, but it seems at least plausible that they could land on this structure for earnest reasons if they both: a) believe they need more money
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by
peripitea
5y ago
>The result was a “capped-profit” structure that would limit the return of investment at 100-fold the original sum. If you invested $10 million, at most you’d get $1 billion. Not exactly what I’d call capped. What on earth would you call
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by
peripitea
5y ago
I'm not sure I understand the problem specification. You want to be able to search "law", and find documents containing "qanoon" or "kanun", right? How does your proposed solution handle that? It seems lik
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peripitea
5y ago
Don't have anything to add right now but I like the idea of this thread and would support it becoming a regular thing.
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peripitea
5y ago
Jordan is a poor country. He's just illustrating how he's used to being the underdog.
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peripitea
5y ago
Why are people implying this money must have come from BLM donations? She wrote a book that was on the NYT bestseller list, and presumably has other income streams beyond her work for BLM. I have no idea whether BLM is allocating their mone
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by
peripitea
5y ago
Not sure if I'm understanding you right, but this is an amendment to that February filling. This isn't a brand new raise.
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peripitea
6y ago
I don't follow this too closely but are you referring to company-released videos? Seems unfair to compare a compilation of bad incidents from one of many (thousands?) of users of Tesla's system to one curated by the company releas
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by
peripitea
6y ago
I find this type of argument confusing. Let's say we did live in a world where their hypotheses were true. To make it concrete, let's say that a SuperAI was 20 years away and would wipe out humanity. How would we be able to know t
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by
peripitea
6y ago
I'm struggling to understand your point. It's a different threat model; of course it will manifest differently, no? A mothership-style model seems much more vulnerable to every node being compromised than the decentralized vector
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