ralph84

12 ms·

181.
by ralph84 2y ago
Investors get nothing, but the attorneys get their fees.
182.
by ralph84 2y ago
Attorneys like repeat business. They’re much more likely to do business again with a private equity firm than a founder, so even if they nominally represent the founder they’re not going to do anything that would jeopardize their prospects
183.
by ralph84 2y ago
Jack Welch (via his disciples) managed to destroy not one but two iconic American companies.
184.
by ralph84 2y ago
Yes. The whole point of lumping flat earthers together with people who question powerful people making decisions behind closed doors is so that people stop questioning the powerful people.
185.
by ralph84 2y ago
It’s not available at retail today. If you order today it will be delivered in 2025.
186.
by ralph84 2y ago
Because Nvidia is run by a founder who has been playing the long game for the entire history of the company. Its competitors are run by non-founders who aren’t interested in the long game they’re interested in next quarter’s earnings.
187.
by ralph84 2y ago
At one point there was a FUBAR waypoint near Phoenix.
188.
by ralph84 2y ago
We started ortho-k for my son at age 9 when he was -1.00 in both eyes. It’s been successful so far in stopping progression.
189.
by ralph84 2y ago
At the end of the day the FTX crew were still outsiders. They tried to buy political influence, but the type of regulatory capture that F500 companies enjoy takes decades to cultivate.
190.
by ralph84 2y ago
Even TFA has this sentiment: > I told Zoraya more than once that I understood her suffering, but hoped she wouldn’t go through with her decision to kill herself. Quite obviously the author didn’t understand or they wouldn’t have put the
191.
by ralph84 2y ago
It’s surprising that Amazon hasn’t bought Atlassian or GitLab and Google hasn’t bought the other one. Maybe owning a developer platform is core to Microsoft’s DNA in a way that it could never be for a retailer or advertising company, but th
192.
by ralph84 2y ago
Mutual funds and 401k’s have almost completely divorced shareholders from the companies they own. Most of the supposed checks and balances of public companies are merely performative at this point.
193.
by ralph84 2y ago
Having two people involved doesn’t preclude kickbacks, it makes it easier. One of them submits the spending request, the other one approves it, they both share the kickback. People trying to get away with insider trading don’t use someone e
194.
by ralph84 2y ago
Soliciting or accepting kickbacks is always a possibility when it’s someone with spending authority.
195.
by ralph84 2y ago
Because 49% isn’t 100%. It’s pretty clear every big tech company wants to control their own LLM.
196.
by ralph84 2y ago
Agreed. Almost all of the quotes are from Microsoft competitors shilling their wares.
197.
by ralph84 3y ago
The big guys provide steady volume to keep the trucks, trains, and planes full. Without the big guys it wouldn’t be possible to offer the service at all.
198.
by ralph84 3y ago
And none of them still work for Google. It’s truly baffling that Google’s CEO still has a job after how badly he fumbled on AI.
199.
by ralph84 3y ago
The MAX was certified less than 2 months after Trump took office. He had nothing to do with it.
200.
by ralph84 3y ago
Yes when you have no concept of private property, environmental protection, or workers rights, stuff gets done faster. Comparisons to China aren’t helpful because the US has chosen a fundamentally different path than China.
201.
by ralph84 3y ago
The rot runs so much deeper than whichever scapegoats they want to pin it on. The story of Boeing is the story of modern American managerial culture. Excess all around. Excessive executive compensation. Excessive financialization. Excessive
202.
by ralph84 3y ago
> we felt it was against the mission for any individual to have absolute control over OpenAI Unless that individual is Sam Altman?
203.
by ralph84 3y ago
It’s not a great time to be a VC investor either. Megacap tech stocks have outperformed most VC funds as of late.
204.
by ralph84 3y ago
If you can’t find investors who will invest at 1x preference, it’s a sign that you should seriously consider shutting down rather than raising more funding.
205.
by ralph84 3y ago
Because humans don’t care about absolute wealth they care about relative wealth. As long as someone else is working more there’s going to be pressure to keep up with them.
206.
by ralph84 3y ago
Link should go to the blog post not CNN. https://waymo.com/blog/2024/02/voluntary-recall-of-our-previ...
207.
by ralph84 3y ago
Nvidia is still run by a founder, while the other two aren’t. I’d always bet on a founder over a McKinsey consultant or a Harvard MBA.
208.
by ralph84 3y ago
Hadoop, AOLserver, early support for Mozilla
209.
by ralph84 3y ago
EB-5 is just a way to buy a green card. The US government should cut out all of these middlemen with dubious “investment opportunities” and just have the money go straight to the federal budget.
210.
by ralph84 3y ago
Atlassian’s market cap is $55 billion. GitLab’s market cap is $11 billion. GitHub sold for $7.5 billion in 2018. There’s money, you just have to be more than a point solution.

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