rmk

19 ms·

151.
by rmk 4y ago
He does use or mention a lower effective tax rate. Even though he points out a 53% on-paper tax rate, he mentions 42% as the effective tax rate in the next paragraph. This does seem closer to the truth. He also specifically says that case-b
152.
by rmk 4y ago
The writer makes a pretty big mistake assuming that upon moving from NY to FL, a person can keep earning the same income as he did in NY. This is the exception, not the norm. The norm is for people to get a paycut because of the (weaker) ma
153.
by rmk 4y ago
This hits the nail on the head.
154.
by rmk 4y ago
Thank you for the book recommendation. Many early-stage startups fail because they fail to find a good product-market fit, or because they fail in marketing and sales, which are much harder to get right. I very much doubt that poor informat
155.
by rmk 4y ago
Yes, and trust plays a huge role in that more than anything else. Information sharing is unlikely to make a huge difference for a close-knit group that likely knows one another quite well to begin with. Even in a 7-person company, there are
156.
by rmk 4y ago
Grapefruit will be mentioned in the ingredient list if it's present in significant amounts. Many allergens, such as peanuts, which can cause severe anaphylactic reactions and can affect many people, are prominently mentioned, includi
157.
by rmk 4y ago
It's not beneficial to have every single person at the company thinking about the business as a whole. Now more than ever, we live in an age of specialization and it's counterproductive for all the people at the company to be thin
158.
by rmk 4y ago
I think there are 'old aircraft' and old aircraft. A 767 is an example of the former, whereas a Caravelle would be an example of the latter. Aircraft undergo stringent inspections every x hours, have to comply with Airworthiness D
159.
by rmk 4y ago
You have three major choices: The 'real' Silicon Valley, centered around Sunnyvale/Mountain View/Palo Alto, the southern extremity of it, centered around San Jose, and San Francisco, which was not considered 'Silico
160.
by rmk 4y ago
Here are a few techniques that I use, in addition to requesting talks from people who know the code base, asking for code walkthroughs if they know the code, and just generally learning the terminology for various things in the domain (i.e.
161.
by rmk 4y ago
I just moved to a job with no pull request reviews, and I'm enjoying it. The flip side is that it's very easy to have a major screw up that can mess things up big time, but there are tests and such which prevent major disasters. F
162.
by rmk 4y ago
No, the focus of the article on the individual, Marc Andreessen and vilifying him for arguing for density in cities like San Francisco while voting against density in his suburban town. The underlying idea is that billionaires should opt fo
163.
by rmk 4y ago
That may be so, but if the town is set up on the premise of being a home for rich people, then it's not an individual's fault for wanting to keep things that way. That's the "General Plan" mentioned in Andreessen&#x
164.
by rmk 4y ago
I don't get it. He lives in Atherton, which already has insane rules about lot size to house size ratios, no public transportation, no sidewalks, nothing that even remotely hints at letting normal proles afford property there. It'
165.
by rmk 4y ago
I started reading this book, but lost interest pretty quickly. Maybe you'll like it if you give it a shot: https://www.amazon.com/Code-Reading-Open-Source-Perspective/... Effective Java by Joshua Bloch has code sn
166.
by rmk 4y ago
I can suggest one easy way to develop a firm, clear boundary between work and life in the evening. Join a class or social club that requires you to be physically present someplace at a fixed time in the evening, preferably around six PM. Co
167.
by rmk 4y ago
A lot. If you read a lot of nonfiction and are looking to ease into fiction, here are a few suggestions: - Read historical fiction, or fiction that is extremely well-researched. I like James Michener. - Read travel and adventure type storie
168.
by rmk 4y ago
Around 150k per year formally relinquishing Indian citizenship, which may be almost fully accounted for by US, UK, Australia and German immigrants formally renouncing their Indian Citizenship (India does not allow dual citizenship and requi
169.
by rmk 4y ago
Engineers generally have the responsibility of picking dependencies subject to legal constraints - they have zero understanding or inclination to understand licensing terms . That's generally fine at companies with established legal d
170.
by rmk 4y ago
This happened to me as well. Ridiculous billions+ valuations for companies that have not much of a moat and questionable market sizes, plus competition. Consequently the stock grants were for laughably thin slices of the company for massive
171.
by rmk 4y ago
There is a separate board of economists at the NBER that meets up and takes a vote after taking into account various economic indicators. If they vote yes, then formally the economy is in a recession. This board is a bit conservative and th
172.
by rmk 4y ago
Humbug. It's not as if Unions are pure as the driven snow. They are also equally nefarious, perhaps more, considering that many of their heads have been repeatedly caught putting their hands in the till and many extract compulsory dues
173.
by rmk 4y ago
I don't think so. If more equity is raised at a lower valuation then isn't it the definition of a "down round", where existing investors take a haircut? Of course, employees bear the brunt of the down rounds because thei
174.
by rmk 4y ago
Not exactly, but has huge valuation risk and is likely to end up being $50k all said and done. The trouble with equity is that it can fluctuate wildly in value and you only have yourself to blame (because the decision to sell is ultimately
175.
by rmk 4y ago
Any employer who reduces an offer is a huge red flag and is presumptively a moron. You dodged a bullet. You should have ceased communication when the offer was "reduced" in the first place! Maybe the balance of power is shifting b
176.
by rmk 4y ago
The commenter is saying that rich countries dissuade visa applicants from poorer countries by putting up hurdles.
177.
by rmk 4y ago
Clearly you are not familiar with bureaucracies and how they grow. You do not need to file your taxes explicitly, or at any rate, rehash the information that's already known to the government, such as your taxes withheld and so on, eve
178.
by rmk 4y ago
Nothing of that sort. Repeated investigations of Chinese debt by different groups yield the recurring theme of confidentiality, very high interest rates over very compressed repayment periods that border on predatory, non participation in P
179.
by rmk 4y ago
A lot of the debt is not even disclosed, so your 10% number, particularly from a country such as Sri Lanka which has some extremely corrupt leaders, should be taken with a fistful of salt. America and Europe have stringent anti-corruption l
180.
by rmk 4y ago
Pakistan looks to be next. There will likely be some debt renegotiation and a bailout, attached with some pretty onerous terms I'm sure. A possible bad path is if the US decides to make an example out of Sri Lanka because it went all i

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