shmatt

31 ms·

391.
by shmatt 4y ago
The whole point of this inflation is, times ARE good. People have too much money to spend, the job market is too hot, which is why the fed is raising rates so fast When times are bad, McDonalds sales go way down, then they re-introduce the
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by shmatt 4y ago
If you're not buying all cash, the monthly cost of buying a home hasn't gone down, and theres a good chance its even gone up There's a big difference between the banks are getting a bigger piece of the housing cost cake, and
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by shmatt 4y ago
I worked for a retailer dealing with a very big reseller/bot problem. And yes, its pretty easy to programmatically block these privacy.com-style cards Another thing I've noticed is some apps (for example Allset) are blocking virtu
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by shmatt 4y ago
>I don’t know if the Uber ever got there Scammers told elderly lady an Uber is on the way. That's the end of this story. Actual Uber was never spotted
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by shmatt 4y ago
Correct. Even the worlds richest man can't buy an internet company without going into debt (or crashing the stock which their "richness" is derived from) In the U.S at least, holding cash is considered the worst thing to do i
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by shmatt 4y ago
Just that U.S Based usually means highest paid. It doesn't usually mean highest performer. Because pay depended more on COL (or more accurately cost of hiring). Which then causes a COL-adjustment, which then causes the employee to
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by shmatt 4y ago
This is why I dislike the fight against location based pay in the U.S. People are heated about how they add the same value whether in SF or Kentucky, but forget there are people even more valuable than them getting paid significantly less.
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by shmatt 4y ago
I don't have TikTok, but for 2 years this is what I've been hearing from people who love it. They figured out a way to show you exactly what you're interested in, without you giving them any specific input There have been man
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by shmatt 4y ago
I guess that explains the stock price. I would never invest in a book club In all seriousness, I would separate the fact the top executives are good people, with the fact (at least in the U.S) they have become notorious low ballers for top
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by shmatt 4y ago
Google gives One Medical 10% of their revenue, plus they have OM offices embedded in Google offices. I wonder if this continues and Google lets Amazon employees on premises to collect medical information about their employees Personally my
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by shmatt 4y ago
> Hellman & Friedman and Permira have arranged for debt and equity financing commitments So the way this is worded, this is a leveraged buy out? If so worst case scenario for anyone involved. Employees and customers. I wonder why the
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by shmatt 4y ago
The thing that caught me was how bad the engineering quality was for these companies. It's laughably easy to get thousands of new customer discounts (usually $20-$30 worth of food each). Other industries seemed to have solved this issu
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by shmatt 4y ago
I think a lot of office workers would love that idea, except they were told in the past ~3 months its back to the NYC office or they're fired. The limited supply (3 years worth of eviction backlog) + office mandates hitting this spring
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by shmatt 4y ago
the fact you are using the lightning network means there is some thing writing down a transaction from wallet a to wallet b smart contracts are a middle man, and not a great one from all the recent exploits executed on them
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by shmatt 4y ago
Like 99% of crypto projects, this would work just as well under a centralized db / FIAT
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by shmatt 4y ago
This is exactly whats happening. No one (private citizens seeking raises, nor corporations setting prices) is willing to be the one to take the hit. Everyone wants a 9% raise, everyone wants more for their products because operations cost m
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by shmatt 4y ago
Different, but they also bought Supersonic Ads. I knew a handful of their employees, it was a good company until IronSource took over in 2015. Every single one tried to pinch their nose and stay on at IronSource but left within months
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by shmatt 4y ago
I've interviewed IronSource employees who showed me their work. I was pretty shocked at how purely evil the products intent was (malware wrapped installers for popular Windows applications). And this is in Israel, so you regularly inte
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by shmatt 4y ago
I guess if you believe in Web3.0 the best place to park your money is ad agencies
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by shmatt 4y ago
Guns, easily transferred beyond state lines, are very different. You can't move health insurance beyond state lines And just one more example into why its not 1 healthcare country - to be able to pass the ACA, some provisions had to be
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by shmatt 4y ago
From personal experience only: Self taught people (Bootcamps are included here) are self taught to perform in the very specific tool-heavy world. Think Create React App + AWS. It's harder for them to independently understand bigger dec
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by shmatt 4y ago
I agree, and have to wonder what would happen if pre-remote some researcher tried to break it down to 'Computer Science Graduate' and 'Taught themselves on CodeAcademy' I would bet the CS graduate is having a much easier
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by shmatt 4y ago
Anecdotally, I knew a lot of angry engineers in February who found out about their 2% raise and vowed to switch jobs due to this (most likely to another company who just gave 2% raises) Now, not switching jobs, they don't care much if
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by shmatt 4y ago
That's a decent use case for real stablecoins, not for something that can go up and down 20% within a few hours
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by shmatt 4y ago
Imagine if this was some Oceans 11 type heist where the BTC owner (Binance, not you plebs holding coins in someone else's wallet) thinks one thing is happening, all while someone unauthorized got a hold of some hot wallet keys and is d
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by shmatt 4y ago
More like: Pay bands go up. Company cuts 15% of workforce "to achieve better numbers" Every time you read that headline, the company could have just cut pay by 15% and gotten the same profitability. Higher pay will force medium-sm
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by shmatt 4y ago
ATL averages about 33% more rain than Seattle Honestly unless OP goes to California, where the housing situation is much worse, or middle of nowhere like Nevada, they're going to be much wetter (albeit in the Summer and not Winter&#x2F
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by shmatt 4y ago
The best employees at passing the average SV engineering interview loop will indeed leave. You better bet there is some amount of dead weight/low rated employees who have been interviewing around for there own reasons and haven't
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by shmatt 4y ago
* If you're poor you deal with the terrible commute as non-negotiable. You might also live in a cheaper illegal basement apartment, put your child in a cheaper illegal daycare, etc. A richer family can avoid the risks and pay more. But
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by shmatt 4y ago
How many of them would not be making $250k if they moved away from the HCOL area? Rents in NYC have been through the roof. Even with wages up due to the great resignation, it hasn't kept up with housing. Spending 50%+ of your post tax

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