twelve40

57 ms·

931.
by twelve40 4y ago
i'm confused by this automatic lumping together of "tech" and "growth". Will Google or Facebook make most of their profits far in the future? Is the universal expectation for Google to double next year? and people r
932.
by twelve40 4y ago
That doesn't sound right. Nobody could predict that Covid (and reaction to it) would hit worldwide in March 2020. But looking back, you can try to unpack what effect it had on the markets. That's not going to help you predict the
933.
by twelve40 4y ago
> these companies never exhibited the ability to make any money the most talked-about layoffs right now are happening at salesforce, facebook, amazon, etc. I'm not sure what you are trying to convey or which hypothetical companies y
934.
by twelve40 4y ago
probably the dude himself, he's going to have to kick himself out
935.
by twelve40 4y ago
in many companies managers and directors are getting thrown out as well, looking at my linkedin feed
936.
by twelve40 4y ago
> just screwed up and over-hired what's weird to me is that this is happening at all kinds of companies, including ones with what I thought was pretty level-headed management. It's not just one company oops screwed up and over-
937.
by twelve40 4y ago
> the city as a whole this is even worse, it's not for the city but the whole state. How can you perform a study that dumps, say, Manhattan and Rochester into the same dataset is unclear to me.
938.
by twelve40 4y ago
true, I worked at a place that was super-anal about always having video on all the time. Funny enough, bigger companies I worked at often don't care. But it's probably good for "visibility" anyway.
939.
by twelve40 4y ago
no idea, subjectively I always liked hangouts (or whatever the crap it's called this week) much better. Also, everyone's on gmail anyway so surprising google somehow just missed the boat on this huge competitor.
940.
by twelve40 4y ago
it's not a question of you getting caught off-guard but a massive exchange being trapped now (what do they do?) I kinda feel for them because they tried to build a legit-looking exchange business unlike the famous scams, but now they
941.
by twelve40 4y ago
omg thank you for sharing that, while their actual fate is terrible, it's laid out almost like a netflix series, can't stop reading it
942.
by twelve40 4y ago
> debt did not go to improve their bottom line If you want to have any chance of being objective, you will include the cost-cutting that was done as well, which did improve the bottom line. At any rate, it will be very interesting to r
943.
by twelve40 4y ago
valuations are dropping across the board in tech (including as drastic as 378>120 for FB), so at least some of that is general market-related
944.
by twelve40 4y ago
what about that losing $4mil/day quote? was that false
945.
by twelve40 4y ago
flat in terms of what? nominal gdp went from 11 tril in 2008 to 14.5 tril in 2021, averaging about 1.66% per year. That's not flat. Are you using some different kind of metric? PS more to the point, the next entity that comes anywhere
946.
by twelve40 4y ago
I didn't write the article so I don't care either way, but I think the British Empire was a thing totally on its own. Probably (probably, I'm not a historian) because its technology (both physical and organizational) was so m
947.
by twelve40 4y ago
I've been thinking about this recently. I have friends who happily move out to pretty remote places, like the Pocono mountains or remote parts of Koh Phangan, etc, none of which is walkable and typically requires a 1+hr trip on a car o
948.
by twelve40 4y ago
i have no idea since i'm just a rando googling things, but there seems to be a ton more data available for men, and it's probably because in the 30's and before that, women were stereotyped much more than today and it's
949.
by twelve40 4y ago
I think stuff from the recent "people checking out of workforce" threads may also contribute to this: "In 1950, 14 percent of men were out of the labor force. Today, that figure stands at 31 percent." https://
950.
by twelve40 4y ago
That's not a very good explanation because the billionaires have always wanted to make more money, but the working conditions have improved (or not) in a more complicated pattern.
951.
by twelve40 4y ago
> the peak of promises based on an abundance economy What an odd thing to write in 1934, at the very bottom of a terrible depression. Is it an equivalent of a starving person fantasizing of a huge dinner some day?
952.
by twelve40 4y ago
no need to be skeptical, it's just one search away: https://www.usnews.com/education/best-global-universities/ra... You may even ignore this particular ranking, but it really doesn't matter, because neit
953.
by twelve40 4y ago
I think SJ vs SF distinction is not very material to this thread. The OG Silicon Valley of HP and Fairchild Semiconductor fame liked to build corporate campuses around Stanford on cheap (at the time) land. 90's Yahoo, Doubleclick, Goog
954.
by twelve40 4y ago
haha fair enough, closest cute major city : ) As a longtime South Bay resident, it's super-boring down here and actually many of the same problems, expensive and lots of homeless. But all of that is beside the point. The real interesti
955.
by twelve40 4y ago
> following all of the detailed recipes that had been optimized over the course of many centuries i wonder how all those detailed recipes were passed around for many centuries and now all is gone. Was it all passed down verbally?
956.
by twelve40 4y ago
i don't really worship anybody like that, but some of the people you dumped into the same category were scammers, others have actually built something very concrete of value. Satya, as far as I know, managed to turn Microsoft around af
957.
by twelve40 4y ago
He could be lying through his teeth for all i know, but that still isn't random , is it?
958.
by twelve40 4y ago
What possible chance does she have at trial? To claim that she was zombified alive by her evil boyfriend? Because the rest of it seems pretty 2+2: there were X billion dollars, now thanks to these two CEOs and their friends, there is none.
959.
by twelve40 4y ago
that's a cherry on top. 99% of people come to unfortunate realization that in this country they need to buy some car to get their ass to work or daycare on time. That's what drives the big number. Everything else is just "now
960.
by twelve40 4y ago
Um they were racking up a month ago just the same

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