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tqi
searching PlanetScale…
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33 ms
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601.
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tqi
4y ago
Hm it sounds like what you are saying is that power is a more reliable way to get money, but money is still ultimately the goal?
602.
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tqi
4y ago
I think some of it is artificial, but I think the types mentioned in the article[1] do confer real security. For someone without status, getting a top tier company on their resume will make future job searches either. Making it into the in
603.
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tqi
4y ago
Agree, and the best security is obviously money. But to me, status means warm intros for new business opportunities, or that your resume will reliably get past the recruiter screening stage. Stuff that can help you maintain or rebuild secu
604.
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tqi
4y ago
On the one hand, sure, status probably is a trap and won't bring "true happiness." And I think this is well meaning advice. But on the other hand, I think it's possible that an Ivy League educated founder/VC partner
605.
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tqi
4y ago
Your argument is basically the domino effect meme with Stanford Party Policy on one end and Global Culture on the other? I dunno about others but I definitely don't buy it - I think some people just like minding other people's bus
606.
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tqi
4y ago
Do you attend college parties, or administer a university?
607.
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tqi
4y ago
> Attempts to make their world risk free has turned it into "fuck up once and we'll destroy you". TBH I think it is a much bigger problem that low-stakes hyper-local issues have been elevated into proxy battles for nationa
608.
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tqi
4y ago
In the absence of evidence, what is the line between a "reasonable suspicion" and a "conspiracy theory"?
609.
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tqi
4y ago
> When an AI technology determines the expressive elements of its output, the generated material is not the product of human authorship "Expressive elements" is doing a lot of heavy lifting there. Is there a a point at which a
610.
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tqi
4y ago
For people with expiring RSUs, is the choice then to take this deal (@ at 50 billion valuation) or get nothing?
611.
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tqi
4y ago
TBH i think this is just saying the quiet part out loud. Everyone wants to trumpet their commitment to a higher mission and their core values and whatever else during the good times but when their backs are against the wall, none of that ma
612.
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tqi
4y ago
“You’re in business for 40 years and you are telling me you can’t raise $2 billion privately? Get on a jet and fly to Kuwait like everyone else and give them control of one-third of the bank.” A lot to unpack there...
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tqi
4y ago
You're choosing who to believe based on what, max outrage?
614.
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tqi
4y ago
*WSJ is owned by Rupert Murdoch, who was a vocal proponent of the bill[1][2] [1] https://www.vox.com/recode/22287971/australia-facebook-news-... [2] https://www.smh.com.au/politics/federal
615.
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tqi
4y ago
I hope that is the case. I think the counter case is investors putting themselves into the shoes of a CFO at a company with >250k in cash. Why would they choose to park it at a regional bank rather than one of the big banks? Sure, FDIC m
616.
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tqi
4y ago
"that was supposed to be our racket!" -Teen Vogue
617.
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tqi
4y ago
That all makes sense, though I would argue that many companies with an order of magnitude more than the FDIC limit aren't really that much more sophisticated, and certainly not enough to evaluate risk of catastrophic failure (as we hav
618.
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tqi
4y ago
Agree that for individuals they are great! But for companies with more than 250k in cash, I would think that the incentives to keep your treasury "safe" would drive you toward banks that you believe are too big to fail?
619.
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tqi
4y ago
But Moral Hazard seems more like a risk of Deposit Insurance overall, rather than just unlimited insurance? Also it's not like FDIC is granted automatically, couldn't there just be much more strict capital requirement and risk li
620.
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tqi
4y ago
ooc why is unlimited deposit insurance a bad idea? A quick Google search didn't have many results, except some brief articles about section 343 of Dodd Frank (which itself seemed limited in scope).
621.
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tqi
4y ago
If depositors take a haircut, what incentives could smaller banks offer in order to remain competitive with GSIBs for business deposits? Higher rates seem like it would just increase risk.
622.
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tqi
4y ago
"Fake work" is a pretty funny accusation from guy whose company (Opendoor) is 97% down from all time high and dangerously close to getting delisted from NASDAQ.
623.
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tqi
4y ago
Removing legacies/athletes/staff is a reasonable step to take, since each of those fall into a separate pool of admits. Harvard also had higher thresholds for sending recruitment letters. "This lawsuit is an attempt by anti-a
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tqi
4y ago
https://www.nytimes.com/2018/06/15/us/harvard-asian-enrollme... "Harvard consistently rated Asian-American applicants lower than others on traits like “positive personality,” likability, courage, ki
625.
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tqi
4y ago
"they really don’t understand what makes for a strong elite school applicant" I think it's pretty clear that even if they did understand what makes for a strong elite school applicant and refocused their energies on meeting t
626.
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tqi
4y ago
I actually disagree that the first is true, in and of itself. If you have two otherwise identical candidates except one is a Legacy candidate, then the answer is (tautologically) no, having a parent does not make you more qualified. But it&
627.
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tqi
4y ago
Two questions: 1. does having a parent who is an alum make a student more qualified? 2. does having a parent who is an alum increase the likelihood of an applicant being accepted?
628.
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tqi
4y ago
I mentioned it in a different comment, but my biggest reservation is that the difference between "Distorting the system" and "Improving the system" is more often than not in the eye of the beholder, and most metrics will
629.
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tqi
4y ago
While it sounds simple in the article, I think in reality the difference between "Distorting the system" and "Improving the system" is often not very clear. Even looking at the example of a WBR metric that evolved over t
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tqi
4y ago
I def agree with what you're saying, and so this is definitely not for me, but part of me wonders if this might become the next generational divide (ie if kids grow up with this type of content normalized, maybe they don't react a
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