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ryporter
searching PlanetScale…
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61.
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ryporter
10y ago
Can you please elaborate on the large amount of evidence that he is not a genius? If you are going to cite some of his investment failures, then you also have to consider his successes, and the fact that he has, overall, been very, very su
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ryporter
10y ago
It's also not contrarian. Now, The Grob (1.g4) would be more fitting. :)
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ryporter
10y ago
Based on the following comment by the employee, this was actually a case of "do shortsighted things to save money." "He moved the customer support to Philippines because he can get someone for like 10-12$ an hr. Great idea..
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ryporter
10y ago
Citigroup was $7 BILLION for their mortgage fraud. [1] I think that can be considered a "real consequence." This was a far less severe infraction, and the fine was correspondingly much lower. [1] http://www.reuters.co
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ryporter
10y ago
Thank you for replying. I did underestimate your company. I think it would be useful to add to your website a prominent comparison to the entrenched players. I'm probably not the only person to fail to appreciate your advantages over
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ryporter
10y ago
Guideline isn't actually "fixing" your 401(k). They are primarily just competing on price. Employers can already get a decent 401(k) from Vanguard, which obviously offers access to their low-cost funds. Guideline doesn
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ryporter
10y ago
Or, Vanguard could lower their already low prices. Fund managers are already locked in a race to the bottom on fund fees.
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ryporter
10y ago
I agree. Atomic clocks are an implementation detail, and also overkill (at least during this decade). I've worked in HFT (albeit in forex, not stocks), and there are always internal delays within the exchange that you cannot predict w
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ryporter
10y ago
What law of physics makes what Theranos attempted to achieve impossible? They were still drawing blood from the patient. Thus, it seems theoretically possible for technology to overcome the challenges the approach presents.
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ryporter
10y ago
What is your argument? Mine is that both Holmes and Musk were not initially experts in their respective fields.
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ryporter
10y ago
No, he wasn't an expert when he started down this path. http://www.businessinsider.com/how-elon-musk-learned-rocket-...
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ryporter
10y ago
I was actually thinking more about SpaceX. They promised technology that was faster (in terms of development speed) and cheaper.
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ryporter
10y ago
That's not at all what I said. My claim is that innovation often involves ignoring all of the incumbents who say that a new way will never work. Obviously you shouldn't inflate the results of your attempt.
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ryporter
10y ago
That's not the point. I'm claiming that it was reasonable to attempt to develop the technology in a lab. Obviously they shouldn't have launched it in the state that it was in.
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ryporter
10y ago
To be fair, that is how innovation occurs. There are many examples of "ridiculous" ideas that ended being wildly successful. Where would Elon Musk be if he listened to all of the incumbents who said that his ideas would never wo
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ryporter
10y ago
Many former employees have done exactly this.
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ryporter
10y ago
They are not "basically owned" by a private equity firm. They have raised money at high valuations, and I strongly doubt that they have sold away a controlling stake in the company. So, they still get to make their own decisions
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ryporter
10y ago
Why can't both benefit? Palantir merely offered the deal, and employees (and ex-employees) accepted.
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ryporter
10y ago
The author defends Gawker by stating, "But at least Gawker did this openly." If he is working for Gawker, that is very relevant to his argument.
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ryporter
10y ago
“Venture capital can be like a mortgage you can’t afford,” says Atlassian co-founder Scott Farquhar. “It sounds great at the time, but you regret it when your mortgage payments overwhelm you and you realize you didn’t really need a big hous
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ryporter
10y ago
This is similar to revenue sharing agreements that many investors enter into with startups. Many angels at least bake this option into their Seed Stage investment if they fear that the company could turn into a "lifestyle" busine
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ryporter
10y ago
Well, this indicator is not the worst one of all time. That record is probably still held by the price of butter in Bangladesh. [1] Seriously, all you need to read from this article is the following quote: Mark Cannice, a University of Sa
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ryporter
10y ago
This is a great point. Additionally, you're fine if you pay 110% of your prior year's tax bill. For most employees referred to in this article, this amount should be payable.
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ryporter
10y ago
It's important to note that Yahoo's board did not give her a 69% raise this year or decide that her performance over the last year was worth more than $42M. This is the compensation she agreed to as part of contract when she join
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ryporter
10y ago
They should have used Yahoo! Auctions. Oh, wait...
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ryporter
10y ago
If the employee had stopped complaining and pretended to be happy in the job, then I don't think he would have been fired. Yes, he would have been miserable, but he would have been able to keep a job if he needed it. That's a hu
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ryporter
10y ago
Having read through many of the applications, I think that we could safely get down to 25 without risking throwing out any that deserve the win. There just weren't all that many applications that clearly described a remotely plausible
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ryporter
10y ago
That's sort of how startups work, with equity grants to early employees. What you are proposing for larger businesses is simply impractical and so inconsistent with the current state of affairs that it really has no chance. To succee
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ryporter
10y ago
I'm sorry for sounding harsh, but this seems like a classic case of a feature instead of a startup. Based on the way you describe it, this is an enhancement that Yelp could add. Sure, it will be harder for them to do so than for a ni
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ryporter
10y ago
I think that tools like this are great, but there already are some in this space (e.g., mySymptoms [1]). How will you differentiate yourself? [1] http://skygazerlabs.com/wp/
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