stevievee

11 ms·

61.
by stevievee 7y ago
The problem is the purposeful deceit that causes retail investors to incorrectly assess risk. It's common in investor/public relations so I don't mind that Tesla and Musk do it better than everyone else.
62.
by stevievee 8y ago
It most certainly is not unnecessarily cynical. The point is that money clouds the decision-making process and responsibilities of those involved - which is the whole ethos that OpenAI was founded on.
63.
by stevievee 8y ago
> "(b) anyone with a stake can't vote in decisions that may conflict with the mission:" Will never work in practice
64.
by stevievee 8y ago
OpenAI explicitly says somewhere that Elon's money won't be in the LP, directly or indirectly?
65.
by stevievee 8y ago
As an investor. What is not clear about that?
66.
by stevievee 8y ago
Didn't know this - thanks for clarifying. I will update my comment if it is picked on further
67.
by stevievee 8y ago
They were able to attract talent and PR in the name of altruism and here they are now trying to flip the switch as quietly as possible. If the partner gets a vote/profit then a "charter" or "mission" won't chan
68.
by stevievee 8y ago
He states them in every single press conference and interview? Edit: added "like" to the original comment.
69.
by stevievee 8y ago
My problem has always been that he pushes these altruistic goals "green earth"/"space travel" and then executes it with the most extreme version of capitalism available. It's like an ad campaign to him.
70.
by stevievee 8y ago
Sorry, to clarify I am talking equity. Please provide examples now. The snark in this thread is unbelievable.
71.
by stevievee 8y ago
Yea, I just abandoned the thread altogether at this point. Might even be Tesla shills - don't know
72.
by stevievee 8y ago
I gloss over it in another comment. You may be exaggerating with your sarcasm a bit.
73.
by stevievee 8y ago
No, the company has been operating in the red forever. He is bowing to the public markets to make the company's life easier. It was never going to die if he kept these employees.
74.
by stevievee 8y ago
What an oversimplification of my comment. I'll oversimplify it for you so you can't misinterpret it: "This decision he just made is poor and Elon is human just like everyone else"
75.
by stevievee 8y ago
Tesla and SpaceX are businesses and I never understood the public fandom behind them and Elon Musk. 3,500+ people losing their jobs is pretty significant for a leader who touts altruism as one of his top motivators.
76.
by stevievee 8y ago
> There will always be an unproven next step. This makes no sense in a trading environment. The reason that shortsellers are hovering is because Tesla is trading at aggressive multiples with aggressive business goals they show signs of m
77.
by stevievee 8y ago
They have yet to prove any of the doubters wrong with regard to the model 3, sorry. Also, the stock is not traded on fundamentals as much as you or the rest of the public believes.
78.
by stevievee 8y ago
They used stock issuance to repay their government loan and the only headlines the public saw was "Tesla repays government loan early!" leaving stock price a net gain after the issuance
79.
by stevievee 8y ago
Do not bet against Tesla unless you are a professional. Tesla has incredible PR and Finance departments with background proponents holding enough capital to help them through rough patches. Side note, their Q2 2013 is still one of my favori
80.
by stevievee 8y ago
I am not nitpicking at all. All of the things the author said are "mumbo jumbo" are fundamental to keeping proper books. Proper bookkeeping is also regulated so it is not just my opinion.
81.
by stevievee 8y ago
Definitely agree and I think it would have usable if it kept debits/credits.
82.
by stevievee 8y ago
"Simple - No more confusing debit / credit / asset / liability mumbo jumbo" It is just "mumbo jumbo" to you because accounting/finance is not your area of expertise.
83.
by stevievee 9y ago
Stripe has become masters at patronizing customers. We all know it is about the bottom line and the act is getting old at this point. The company was built on developer referrals and now that they are at critical mass - all of the "lit
84.
by stevievee 9y ago
I wonder if anyone is really surprised by this. It became pretty clear right after Trump won the election (as early as December 2016) during this meeting: https://youtu.be/oX_9yD2lN2g . Trump met with 13 tech company giants
85.
by stevievee 9y ago
This is too well organized and presented. My guess is that this has to be financed in some part by a group of short-sellers. They made a rookie mistake though - AMD is plagued by day-traders and algorithms who couldn't give a damn abou
86.
by stevievee 9y ago
I called it "Super niche" as a nice way of saying "borderline useless for most people"
87.
by stevievee 9y ago
To me, this is a super niche product. As expected (from fiftythree), the apps are beautiful. However I found the lack of editing features to be "limiting" as opposed to "simple". The collaboration aspect is interesting b
88.
by stevievee 9y ago
What bothers me about some of these larger tech companies (especially Google) is that they patronize non-expert users. For instance, Google is getting a steep discount on very high quality machine learning training data and pretends to be o
89.
by stevievee 9y ago
None of these exchanges regulate against price manipulation. Based on Goldman's well documented history of price manipulation tactics (in regulated markets), allowing them to own an unregulated exchange is just about the worst thing to
90.
by stevievee 13y ago
If you are individual investor, seekingalpha.com might fit your description. If you are a professional, I can't see why you would want to critically discuss investments in a public forum.

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