tenpies

63 ms·

631.
by tenpies 7y ago
Not even. I'm seeing seed and series As/Bs on unproven teams of recent graduates with no experience in the field where the "start up" operates. No business plan, no prototype, huge regulatory walls to climb. It is wors
632.
by tenpies 7y ago
I think the problem is not going to be the technology, but the business model. Electric vehicles as a financial proposition make much less sense when the cost becomes "and a $XXX dollar per month battery swap plan for as long as you pl
633.
by tenpies 7y ago
And if you're the Saudi government, your biggest concern is probably not Softbank, the Vision Fund, or WeWork - it's the Aramco IPO. The valuation range for that was comical with it being anywhere from slightly under $1 Trillion
634.
by tenpies 7y ago
There was furor over Trump wanting two scoops of ice cream instead of one[1]. I believe that in a post-Trump world, the American President will just never eat as far as the public knows. All meal-related meetings will be held behind close
635.
by tenpies 7y ago
> And what, may I ask, are your pea shooters going to do against the firepower of a corrupt nation state? We should ask the Vietnamese and Afghans.
636.
by tenpies 7y ago
> So for many, adjunct faculty are called "elites" while the Koch brothers are not. I think this is an important point. Wealth in the West knew to stay out of the radar. The whole concept of "old wealth" has the key
637.
by tenpies 7y ago
I think the problem is that the software model is being used in other industries. Not just in production (e.g. Tesla "move fast and break things" on things that are life/death, or merely very expensive) but also in valuation
638.
by tenpies 7y ago
I love Fastmail, but they are ultimately based in Australia. I really thought they would have moved their operations by now.
639.
by tenpies 7y ago
Let me paint a scenario for you: * I am the sole bread winner for my family and decide to buy Canadian PR for me and my family - thank you Quebec Investor Program! * My family moves to Canada and we buy a multi-million dollar home in my sta
640.
by tenpies 7y ago
Yes, I think the IBM-ification of Google was telegraphed a decade ago. Sure, there's kombucha on tap, you don't have to wear a blue suit with black shoes, and you're not forced to use Lotus Notes; but the differences are con
641.
by tenpies 7y ago
Google famously hired one of the activist organizers of Occupy Wallstreet: https://www.businessinsider.com/google-engineer-who-organize...
642.
by tenpies 7y ago
I mean you know the system is sexist when one gender out-lives the other by a considerable number of years yet the retirement age for both is the same.
643.
by tenpies 7y ago
> Selling your positions because of this would be a misinformed decision. That is why I specified moving. That should not be parsed as "sell everything". My concern would not be losing my money/positions. My concern is R
644.
by tenpies 7y ago
If you have any amount of money or equity held by Robinhood, you should seriously consider moving it to another broker. This has the potential to end the company financially (at least until another round of funding bails them out) or regula
645.
by tenpies 7y ago
I just interpreted as Google trying very hard to make sure that it isn't the Walmart/McDonald's/Uber of the industry - the huge lightning rod that has to deal with the public dislike of the consequences of that industry.
646.
by tenpies 7y ago
Why now though? Gold has been valuable for about 6,000 years. We've had plenty of industrial era and information era catastrophes where "gold is useless" , yet a gold ring would still get you smuggled out of the communist
647.
by tenpies 7y ago
The hilarious part to me is the elites saying "but look at the data". No. The whole point is that we've reversed engineered the economy so that "inflation is under 2%", meanwhile an entire generation is basically
648.
by tenpies 7y ago
These podcasts are Sivers reading his own work. If you already subscribe to his mailing list, regularly visit his site, or prefer reading to listening; the content there is 100% the same. If you prefer audio, this is for you.
649.
by tenpies 7y ago
Beware of calling someone a genius, especially in the current technology space and especially in the current capital markets. For reference, here are other notable "geniuses": - Adam Neumann - Elizabeth Holmes In fact for Holme
650.
by tenpies 7y ago
What's depressing as well is that it seems every major company or government has decided to reset passwords for every user for undisclosed or precautionary reasons. I'm not talking some worthless accounts either - I'm talking
651.
by tenpies 7y ago
I think the problem is an attribution of intent. You see "white nationalism" but: > Making people sleep in cages There was a spike in the number of illegal immigrants in the last few years, facilities were swamped. This was a
652.
by tenpies 7y ago
Or the rights of people they don't like.
653.
by tenpies 7y ago
That is inconsistent logic. I have nearly the same power to determine where my taxes go as I do to stop the people in local council making non-binding declarations that don't carry any legal consequences or obligations. If I happen t
654.
by tenpies 7y ago
Even in localities where it is legal, the ratio of "hosts" running their operation in accordance with the law is comically low. There is a serious enforcement problem and it's largely because AirBnB does everything it can to
655.
by tenpies 7y ago
Key differences: * Apple's decision hurts vast groups of people, not individuals. People have problems emphasizing with huge groups (e.g. Hong Kongers, Ulghurs, Muslims, Catholics) but are very good as emphasizing with individuals. T
656.
by tenpies 7y ago
> Public schools in the US and most religious upbringings I would say the school system in general does that. The whole point of the school system is to turn you into a predictable automaton of economic utility. You want to be creative
657.
by tenpies 7y ago
4chan is outright fantastic in some aspects. /g/ is actually quite useful and friendly, especially the DPT (Daily Programming Thread), more-so if you're a beginner. /trv/ (travel) is just good and perfectly slow whe
658.
by tenpies 7y ago
That was my impression as well. It was interesting to see Jack answer and then have the legal council (?) amend Jack's answers or push them in a specific direction. It's very clear that there is a mismatch between what Jack want
659.
by tenpies 7y ago
Exactly. In 2016 you could fill a book with each of the two candidate's lies. For 2020 the Democrats don't even have a candidate yet and they have all lied. Honesty is a virtue for a reason: it is exceedingly rare and hard to fi
660.
by tenpies 7y ago
I don't think we can make that statement yet. What we can say is that there is a huge amount of bloat in current technology companies along with huge perceived competition for employees, so many employees feel they are worth more than

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