rchaud

9 ms·

121.
by rchaud 6mo ago
Silicon Valley valuation numbers are entirely made up to boost their IPO. Actual value is only determined after these companies go public. Allbirds, the shoe brand, went public at $4bn in 2021 and sold its assets last week for $39 million.
122.
by rchaud 6mo ago
Uber doesn't have to convert hundreds of millions of users to a paid plan - it was paid to begin with. Much easier to raise prices from a low base than to raise them from $0. When push came to shove, Uber also cut payments to drivers a
123.
by rchaud 6mo ago
PWAs make little sense at this point as most apps are useless without an active internet connection. You can't cache Uber ride searches, Amazon product listings or food delivery options.
124.
by rchaud 6mo ago
The vast majority of apps come from companies where the app developer has little to no say in how things work. Amazon, Walmart, Instacart, Uber, Ebay, Shein, etc are certainly not paying Apple 30% for purchases made inside the app. They als
125.
by rchaud 6mo ago
Can a "tip your code assistant" button be far behind?
126.
by rchaud 6mo ago
Germany changed its constitution, banned its former ruling party, and actively explores and teaches their school kids about their crimes. The US on the other hand has a chunk of its electorate flying Confederate flags and voting for politic
127.
by rchaud 6mo ago
It's extremely unlikely without a common currency and a military alliance with larger, more populous states like Egypt and Iraq. The former would be unacceptable as it would represent a competitor to the Petrodollar, and the latter wou
128.
by rchaud 6mo ago
There was a time when The Onion might have run a headline like "Concerned over low troop morale, President converts to Islam to inspire spirit of martyrdom". No more.
129.
by rchaud 6mo ago
> American hostages Military personnel captured as prisoners of war are not hostages. Unlike embassy personnel held hostage during the 1979 revolution, it's unclear if military POWs have any value to leverage against the US, consid
130.
by rchaud 6mo ago
More like Ozy Media, except those guys fumbled the acquisition bag: https://www.latimes.com/business/technology/story/2021-10-05...
131.
by rchaud 6mo ago
> If there is any way to make cash from news, shouldn't Bezos have been able to do it?? News only made money when the newspapers could leverage their circulation numbers to run their own ads network. The classifieds section was a mo
132.
by rchaud 6mo ago
Newspapers continue to run ads even after the paywalls went up everywhere a decade or so ago. Once "premium" offerings like HBO, which were ad-free on cable TV, now has ads on its paid streaming version. Even with the "premiu
133.
by rchaud 6mo ago
Your comment is basically agreeing with the parent comment. The free WYSIWYG version of WP was more accessible for laypersons to build their own site and add plugins as they went along. Developers noticed that and started building for WP ov
134.
by rchaud 6mo ago
Google launched in 1998 and were running ads by 2000. Considering how much more access to adtech product talent there is for OAI a quarter of a century on, what explains their hesitation to pick that route and make billions? After all they
135.
by rchaud 6mo ago
Isn't this just reinventing the wheel of a website, an email list and a message board? Are the scientists referenced in this article really so averse to having a website or corresponding via email that they need a social media instan
136.
by rchaud 7mo ago
Companies would offer all-you-can-DDoS plans at $20/bot per month if they could. Bots are only a problem to them because they prevent legitimate customers from handing over their credit card.
137.
by rchaud 7mo ago
Candy Crush was downloaded over a billion times within 3 years of its release. Whether or not users kept playing it after the first few levels is unknown. I imagine it's roughly similar for OpenAI; lots of curiosity-driven signups from
138.
by rchaud 7mo ago
The half-life of those articles is one week or less. There are no public figures who are the source of those headlines, thus there aren't any second-order effects occurring from other media outlets running with the headline to write th
139.
by rchaud 7mo ago
The Microsoft that was prosecuted for monopoly behaviour 25 years ago is definitely not the same Microsoft that owns: - Github - LinkedIn - Activision Blizzard - Xbox - Azure, Sharepoint and Teams w/Copilot embedded everywhere - major
140.
by rchaud 7mo ago
Manifest destiny for me, border enforcement for thee.
141.
by rchaud 7mo ago
It mattered in the sense that it provided valuable grist for the mill as they attempted to figure out if it could work as a Reels/TikTok alternative for companies to eventually deluge with ads.
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by rchaud 7mo ago
Most Treasuries are held by US banks, investment firms and municipalities. I'm pretty sure those firms hold a good chunk of global stablecoin volume, given the nonexistent regulation of crypto in the US relative to other countries.
143.
by rchaud 7mo ago
all about keeping out the riffraff. Just being Ivy League isn't enough by the way, you very well may need to be in the right social clubs ("fraternities" by any other name), have had the right internships and participate in t
144.
by rchaud 7mo ago
Yes, if you know someone and they can vouch for you and provide an introduction, that's a possibility, but you will need to have some prior experience that's relevant to the role. The other way would be to be working at a manageme
145.
by rchaud 7mo ago
There are three ways into the finance world; straight out of undergrad from a 'target' school with at least one summer intership at target bank, MBA from a target school, or Math PhD from a well-regarded school.
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by rchaud 7mo ago
Hiring sprees signal growth to the market. Growth is the dominant metric for pumping the IPO stock price considering they're nowhere near profitability. Doesn't matter if they're needed or not. They can always be fired later.
147.
by rchaud 7mo ago
Sources familiar with the matter told the WSJ that unlike Horizon Worlds, this idea has legs. /s
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by rchaud 7mo ago
AI may be able to mimic the cadence and vocabulary of CEO-speak, but it can't possess in-group signifiers like fraternity rings, golf club memberships or be able to trade favors like getting invites to the right kind of parties. All of
149.
by rchaud 7mo ago
These cases will be settled out of court long before they ever reach a jury. Anthropic has agreed to pay $1.5bn in a class action suit [0]. Others will follow. [0] https://legalblogs.wolterskluwer.com/copyright-blog/the
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by rchaud 7mo ago
The MBAs work in the interests of the C-suite. It's their stat-padding that's made Daniel Ek a billionnaire despite running losses for 99% of the time he's led the company.

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