smugma

22 ms·

301.
by smugma 4y ago
That $15M he turned down is looking pretty good right now. “In October 2021, a jury awarded him $137 million in damages in the case, but a federal judge threw out that award as excessive. US District Judge William Orrick offered Diaz $15 mi
302.
by smugma 4y ago
There is no objective standard for rich. Rich people don’t call themselves rich. It’s all relative. Director at Google doesn’t feel rich. Neither does the nurse who makes $90K in a town where most of their friends make $35K or the two teach
303.
by smugma 4y ago
“There is a Clinton-era welfare programme called Temporary Assistance for Needy Families. In 2020, poor families received just 22 cents in every dollar it disbursed. The rest was used by states to pay for things such as job training and eve
304.
by smugma 4y ago
How am I supposed to read your first image? It appears to me that heart related issues, all else constant, have less an effect (2.2 for men) than all the other issues mentioned (2.3-3.3).
305.
by smugma 4y ago
The most extreme example of this is the Polgár sisters: https://en.m.wikipedia.org/wiki/Judit_Polgár Judit Polgár (born 23 July 1976) is a Hungarian chess grandmaster, widely regarded as the strongest female chess play
306.
by smugma 4y ago
There’s a local jazz musician named… Jaz. His father was a big fan of the genre and it stuck. I’ve seen him play at SF Jazz a few times and it seems like his loves his job.
307.
by smugma 4y ago
If you look at Peloton’s financial statements, you’ll see that your assumptions are off. For one thing, music costs are significant (Peloton had to settle a $200M law suit for not doing it right). In addition to the trainers, you have produ
308.
by smugma 4y ago
If lots of people are doing or buying something, that’s a signal that it isn’t cool.
309.
by smugma 4y ago
I have an eBike but rarely use it. My main concern is theft. However, I frequently use Lyft eBikes to get around town (SF) but I don’t have the same concern for my car getting stolen if on the street for an hour (or all day at our offices
310.
by smugma 4y ago
I graduated 20+ years ago from a top EE/CS program. I took a database course but we literally spent one week on SQL. The other 14 weeks were understanding more fundamentals (including relational algebra) of DBMS’, and the projects were
311.
by smugma 4y ago
Does Apple App Store do this?
312.
by smugma 4y ago
Facebook, Amazon, Microsoft/XBox and Google do this. It's not relevant to Netflix. Does Apple also do this?
313.
by smugma 4y ago
Fired implies with cause. In the US, it would be "laid off" and in the UK it's often "made redundant", which is itself more ambiguous than need be.
314.
by smugma 4y ago
The key line says it all about how the US (in agreement with tech tycoons) does things: "Just like many of the banking titans after the global financial crisis of 2008, tech tycoons appear to favour the privatisation of profits and the
315.
by smugma 4y ago
Large accounting firms hire tens of thousands per year. They have significant churn. That said, when I worked at one, I didn’t have an office. I didn’t even have a dedicated desk.
316.
by smugma 4y ago
“Only six months after the creation of the FDIC, government leaders realized the initial $2,500 limit was not enough to effectively support the banking system. So, on July 1, 1934, the FDIC limit was doubled to $5,000.”
317.
by smugma 4y ago
In geography, the term for a point opposite another on the Earth’s surface is antipode.
318.
Silicon Valley Bank employees received bonuses hours before government takeover(cnbc.com)
3 points by smugma 4y ago|0 comments
319.
by smugma 4y ago
Looks like CA is pushing for federal backing/bailout: https://twitter.com/CAgovernor/status/1634634828204367872?s=...
320.
by smugma 4y ago
Banks failing is pretty rare, not 30 times a year. “Silicon Valley Bank is no more. It’s the first bank backed by the Federal Deposit Insurance Corp. to fail since 2020.” https://www.marketplace.org/2023/03/10&#x2F
321.
by smugma 4y ago
https://portal.ct.gov/DOB/Consumer/Consumer-Education/ABCs-o...
322.
by smugma 4y ago
As Garry wrote, companies would furlough before closing up shop. You get your paycheck, and then you're told you're furloughed until FDIC does their thing. This protects the company and the founders. This may be better or worse fo
323.
California Financial Regulator Takes Possession of Silicon Valley Bank(dfpi.ca.gov)
79 points by smugma 4y ago|6 comments
324.
by smugma 4y ago
California regulators stepped in and took over the bank, then handed over to the Feds.
325.
by smugma 4y ago
No comment won’t land you in jail.
326.
by smugma 4y ago
AirBnb is really great for families, in theory. I’ve had many great experiences with it. The problem is it is now polluted with grifters, and you don’t want to take a 15% chance that your place will have cockroaches, require digging through
327.
by smugma 4y ago
A company that owns the work of another is not a creator. The moral rights (droits moraux), which include the right of attribution, sit with the creator and are not transferable. https://en.m.wikipedia.org/wiki/Moral_ri
328.
by smugma 4y ago
Is China not one of their closest Allies (the other being Russia?
329.
by smugma 4y ago
This is the whole premise of Simon Kuper’s Chums. Modern PM’s almost exclusively went to Oxford (none to Cambridge), and PPE was by far the most popular major.
330.
by smugma 4y ago
“They said it’s not uncommon to throw out half the shoes they receive because the footwear is not good enough to sell.” Apparently it may be closer to half than 10%. And protectionism in Indonesia makes it illegal to import used shoes becau

More ›