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thisgoesnowhere
searching PlanetScale…
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91.
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by
thisgoesnowhere
3y ago
Oh sorry I was referring to Andressens article. I agree with you
92.
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thisgoesnowhere
3y ago
It's just annoying because it's a false dichotomy. I think technology is great but that doesn't mean I have to think unregulated markets are good, or that I have to believe that all growth is positive sum. This is Balaji leve
93.
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by
thisgoesnowhere
3y ago
Such a surface level understanding of the thinkers he references. Especially Adam Smith who pretty specifically talked about how you need to curb unearned income (economic rent) otherwise you basically are just doing feudalism with extra st
94.
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by
thisgoesnowhere
3y ago
> 2020-2022 showed how centralized planning expert rules doesn't work What do you mean by this?
95.
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thisgoesnowhere
3y ago
Unrelated, but linkedin has the most user hostile notifications of any site I have ever seen. I got a notification to follow a podcast the other day. Not a person I follow asking me to follow it, it was a notification saying "here is a
96.
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by
thisgoesnowhere
3y ago
What do you mean by market regulation?
97.
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thisgoesnowhere
3y ago
Ok good to know
98.
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by
thisgoesnowhere
3y ago
That's like saying you shouldn't use slang because people have to look it up.
99.
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thisgoesnowhere
3y ago
Tolls are very underrated imo but the issue is that of you do tolls without the other infrastructure it's basically just a tax on the poor. You need to offer other methods to get around first then add them.
100.
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by
thisgoesnowhere
3y ago
But that's hard to get political traction for.
101.
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thisgoesnowhere
3y ago
People used to have an avenue to pay for their usage and not get turned into a product. Killing that off is the opposite of progress.
102.
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thisgoesnowhere
3y ago
Well yeah but that's the whole point. They don't want to do that because they would make less money because you could always go to the seller directly to get the product for less.
103.
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thisgoesnowhere
3y ago
I wonder why the board always seems to think they are the most important and therefore highly paid people within the company. So interesting how that works.
104.
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by
thisgoesnowhere
3y ago
This is a super bizarre argument. I suppose I should be paid 167,000 more per year as a software engineer at GM because it's only 1 dollar per employee?
105.
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by
thisgoesnowhere
3y ago
How could you have a right to vote without the vote being able to impose the opinions of the majority onto the minority? Feels like a right to me. Also I'm not trying to be dismissive even though I do disagree with you, apologies.
106.
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thisgoesnowhere
3y ago
> I have no right to impose my standards on others Sure you do, through democratic institutions. It's called living in a society.
107.
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thisgoesnowhere
3y ago
In this case the "devs" are the owners and operators and they profit on the contract being run. The answer to all of your questions is the same. When you run this code to facilitate money laundering the deployer gets in trouble an
108.
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by
thisgoesnowhere
3y ago
Also living super far away from others is bad in a multitude of ways, we need density not housing.
109.
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by
thisgoesnowhere
3y ago
The idea that this was a tech company because they have a integrated portal for management of your office subscription was always laughable. The multiples were ridiculous for what basically is a internet connected REIT.
110.
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thisgoesnowhere
3y ago
The similarities are startling, it's all a consequence of reducing power to a small set of people who progressively lose touch with what the market actually needs. It doesn't matter if its "public" or "private"
111.
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by
thisgoesnowhere
3y ago
All the power to ya. I think the only weird thing is that I'm seeing a much larger body of completely sober people telling others to go completely sober. Just do what works for you it's not a life ending vice to enjoy getting drun
112.
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by
thisgoesnowhere
3y ago
Exactly! I think most people who drink need to cut back, also go do things with your friends that aren't just getting drinks. Its more fun to go for a hike or pickup a hobby/sport than to always drink. But that doesn't mean y
113.
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thisgoesnowhere
3y ago
Alcohol is a social lubricant in small quantities. I think the overcorrected to sobriety people forget that. I like a glass of wine with dinner for example I don't need to get plastered after for that to be enjoyable. If that shaves a
114.
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thisgoesnowhere
3y ago
I'm saying that I don't think we need to operate at the maximums and say all drinking is bad or drinking is only good. You can drink or don't drink I don't care. I'm saying that you don't need to feel bad about
115.
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thisgoesnowhere
3y ago
I think we are overcorrecting to the extremes. You don't have to be sober or crippling drunk you can have a drink once in a while and it's fine.
116.
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thisgoesnowhere
3y ago
Hasn't it been a blank page with a x for a long ass time?
117.
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thisgoesnowhere
3y ago
Yeah I think this is just semantics. Parasitic VC is bad and good VC is good. We can agree on that.
118.
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thisgoesnowhere
3y ago
PE conceptually is fine and if it worked the way you describe then nobody (respectable) would be complaining. But in practice you see it turn healthy or struggling but fixable companies into a shell to hold onto debt. Its a twisted way of u
119.
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thisgoesnowhere
3y ago
Stripe is great and is just a massive boost to the entire industry. Shopify is also great, Apple makes great products, Google search is fantastic. I could go on.
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thisgoesnowhere
3y ago
I think the general idea is that VC and PE are parasitic but at least VC helps to build. PE often destroys as this article shows.
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