steven2012

13 ms·

91.
by steven2012 11y ago
I don't think they will win. Every single uber driver I talk to loves it. They love that they can work whenever they want, that they can choose to work for Lyft or uber, etc. I don't know how you can say they are anything like an
92.
by steven2012 11y ago
More like 100s of millions of dollars per quarter. They are actually a healthy company with good positive cash flow if not for stock based comp.
93.
by steven2012 11y ago
Twitter is actually cash flow positive. The main reason they show an GAAP loss is because of stock based comp. Take that out of the equation and they are cash flow positive and pretty profitable.
94.
by steven2012 11y ago
Pure UX Designers are s dying breed. I know a bunch of designers and they confirm this. You need to know how to code on top of UX design. Finding pure UX design jobs are hard and in 5 years it might be extinct. It's just the nature of
95.
by steven2012 11y ago
It's a great idea but the reason why this won't work is because after you have invested time to train them from nothing, they will leave for another company. There is plenty of precedent for this, during the dotcom days and in Ind
96.
by steven2012 11y ago
2016 is the year when Silicon Valley feels the wrath of Buffett's "when the tide goes out" old saying, and probably most haven't been wearing swimming trunks in a long time. The stupidity, of course, is the media and the
97.
by steven2012 11y ago
Actually they're not volatile. They will predictably fall below the IPO price in a majority case after 18 months of their IPO. This holds true back during the dotcom days and even now. It is the minority that build an actual business
98.
by steven2012 11y ago
The good ol' days.... I still remember waiting for the latest version of copywrite or copyiipc which would crack the latest batch of games. It was an arms race but the game developers weren't winning it. I think at some point th
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by steven2012 11y ago
The main problem I imagine is as the platform/codebase matures, there may be compatibility issues as the compiler changes, as the underlying hardware changes, etc. This is something that is well hidden by a language like Python. I re
100.
by steven2012 11y ago
#0) Be very lucky.
101.
by steven2012 11y ago
If it's a preference, then that's perfectly reasonable as I already noted. People prefer Subway to French Laundry but you can't argue that Subway is "better". And I believe you are wrong, in that most people, >
102.
by steven2012 11y ago
It's funny how on sites like HN, much of the herd will emote over how superior vacuum tube amps and vinyl records are "better" than current technology, despite the fact that science and math proves them wrong. It just goes t
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by steven2012 11y ago
RSUs are far better, especially for a later stage company.
104.
by steven2012 11y ago
Not true. They don't own the shares, but you owe them a percentage of the upside, plus the money you borrowed to exercise and pay taxes. Not a bad deal if you're talking about a huge amount of money, and if you were in a questio
105.
by steven2012 11y ago
There are some funds that some of my former coworkers talked to that will front all of the money to exercise your options, plus pay the taxes, in return for paying the money back for the above, plus 30% of the profits. You're basicall
106.
by steven2012 11y ago
I am very, very consciously attributing this to maliciousness. Have you not been paying attention to US politics for the last ~15 years?
107.
by steven2012 11y ago
Is it really surprising that our politicians believe they are above the laws that they create? They believe the laws are for us sheep and not for the wolves. Look at the insider trading laws for Congress as an example.
108.
by steven2012 11y ago
Uber keeps dropping their prices, not raising them.
109.
by steven2012 11y ago
Because claiming "a decentralized ride solicitation tool with a reputation system, maybe blockchain-based, could kill off Uber and Lyft almost overnight" shows you don't know what you're talking about. You don't kn
110.
by steven2012 11y ago
Conceptual Debt is a terrible new name for something that everyone already understands: Bad User Experience/Interface.
111.
by steven2012 11y ago
Doesn't the stock market create (and in the inverse, destroy) money? If Apple goes from $13/share to $700+/share, those hundreds of billions of dollars are basically created from thin air, aren't they?
112.
Goji Smart Lock Debacle Ends in Bankruptcy Filing(reddit.com)
1 points by steven2012 11y ago|0 comments
113.
by steven2012 11y ago
As a side note, the blog poster, and the blog post he references, characterizing the movie as terrible annoys me and shows that they both absolutely missed the point of the movie. The movie depicts all sorts of different types of "love
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by steven2012 11y ago
This is the same trap that most stock traders fall into. I've spent a lot of time trading, and when I confer with some of my other friends who trade we always talk about how we bought too late, sold too late, sold too early, etc. I ca
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by steven2012 11y ago
They've been saying that forever, just like they've been saying "Silicon Valley will suffer a brain drain because people will move away due to the high cost of living." In theory it makes sense, but it never happens in
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by steven2012 11y ago
The point about only founders getting rich is one that is in stark difference to the way Silicon Valley was pre-bust. The first company I worked for went IPO a year or two before I joined. The very first admin of that company got so rich f
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by steven2012 11y ago
The same thing goes for those that would dare to dispute string theory or human-caused global warming. Trying to publish any papers that defy either of those canons will likely end your career.
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by steven2012 11y ago
I disagree. I think reddit is much, much more accessible, and because of that, some of the communities on reddit are thriving in a way that was never possible with the Usenet.
119.
by steven2012 11y ago
Take reddit and remove all the karma whoring, and you have the Usenet. I think reddit is essentially Usenet 2.0 for all intents and purposes. You get all of the good and bad associated with Usenet, but in a much more easily accessible for
120.
by steven2012 11y ago
I would love a follow up from the author on whether or not it made any actual difference. My bet is that it probably didn't, but I can't think that the article wouldn't be biased since he obviously thinks that his son is gif

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