tyre

45 ms·

931.
by tyre 4y ago
nothing is always. Consider moving to an SOA. Rather than upgrading a monolith when the engineering team knows that it’ll gradually have pieces pulled out of it, use that effort on the migration.
932.
by tyre 4y ago
starting digital life on Parental Control AOL with only keywords true hardmode
933.
by tyre 4y ago
The Vallejo police are effectively organized crime running the city. https://www.newyorker.com/magazine/2020/11/23/how-a-deadly-p...
934.
by tyre 4y ago
Because if Stripe let millions of dollars in compensation expire, no one would want to work there. Also it's the right thing to do.
935.
by tyre 4y ago
> No. SVB hid market to market losses by saying "these securities are held to maturity so I don't have to realize losses". It did not hide them. This was in their financial statements ( https://s201.q4cdn.com&#x2
936.
by tyre 4y ago
Narrow banks are no longer attractive because lending out depositors’ money has positive externalities. It’s used to fund mortgages and small business loans. That’s a positive. Are there downsides? Sure, but what we saw this past few days i
937.
by tyre 4y ago
Yes, this is essentially correct. Every few months the idea of narrow banking is re-discovered and presented as a magic cure-all. What played out over the past week was all fine. The FDIC and Treasury worked. The contagion was the VCs freak
938.
by tyre 4y ago
Because they planned to hold them to maturity, which meant that marking to market didn’t make much sense. Of course here it blew up, but even marked to market assets will depreciate in value if a bank tries to liquidate tens of billions of
939.
by tyre 4y ago
They’re a public company with known exposure to startups. If he lies, that’s securities fraud and he could go to prison. Is that worth it?
940.
by tyre 4y ago
Because in this case it’s a bank and they aren’t selling equity to invest in new business/products. SVB had to liquidate good assets quickly, so it sold them at a loss. That means its capitalization compared to liabilities (deposits) c
941.
by tyre 4y ago
The reason we have capital gains is to encourage investment. They're not investing $1 for 1m shares to build something better. They're getting $1m worth of something for $1, risk-free. That gap between strike price and FMV is much
942.
by tyre 4y ago
It’s fair because otherwise you could compensate people for zero tax. For example, you have a CEO that can either be paid: 1) $1m in cash 2) $1m in stock 3) an option grant to buy 1m shares at $0.000001. Each share has a FMV of $1. Without
943.
by tyre 4y ago
But not from ten years ago. Initially everyone was on options (ISOs) then moved to double trigger RSUs, around 2017 iirc
944.
by tyre 4y ago
> If everything was built with constraints like "this must serve user input so quickly that they can't perceive a delay", we would probably be a lot better off across the entire board. Sure but it’s a question of tradeoffs
945.
by tyre 4y ago
What are you doing with these tabs? Are they a reading list? Things like gmail that you could reopen whenever?
946.
by tyre 4y ago
The person(s) you're talking too are not talking about epistemology. If something happened yesterday and I am not aware of it until I read the paper today, the thing still happened yesterday. If I never read about it, the thing still
947.
by tyre 4y ago
Why would it not be for Figma? The VCs won’t get cash from selling shares in the acquisition because the acquisition won’t happen.
948.
by tyre 4y ago
How much of this is Autopilot only being used in safer situations? There’s also been reports of autopilot disengaging seconds before a crash, so those technically didn’t occur while Autopilot was active
949.
by tyre 4y ago
I know it’s not fun but if a team/project/company wants money then they have to work for it. If you look at non-profits, a huge amount of time, effort, and resources goes into fundraising. Building something or doing good, then ho
950.
by tyre 4y ago
Note that this is written by an HR trade group that has lobbied against the bill. The most important piece: > Nadler emphasized that the bill would not ban all arbitration pacts—only mandatory pre-dispute agreements. Parties would still
951.
by tyre 4y ago
Framing modern feminism as psyop for shareholder value is peak “I’ve never spoken to a woman” internet commenting.
952.
by tyre 4y ago
> Big companies like Facebook have incinerated hundreds of billions with buybacks at absurd valuations at the expense of shareholders. But it's legal, shareholder interests be damned. Facebook returned profit to shareholders via b
953.
by tyre 4y ago
I had a 2015 MBP that was falling apart and waited for the M2 refresh. I expect that I won’t get another laptop until 2030. I have an iPhone 11 (fall 2019) and I see no reason to upgrade. It does feel like we’ve hit a plateau. The only step
954.
by tyre 4y ago
Genuinely curious, do Desantis voters think this ends without suppression of speech? Desantis is banning books. Yes, these culture wars are bad. Stupid. But it feels like there is drift into both-sidesism. That side of the right is most c
955.
by tyre 4y ago
The bets were long-term.
956.
by tyre 4y ago
This is the measured take. What happens if the COVID lockdown demand surge happens and companies don’t hire? Customers don’t get what they want. Businesses that want to move online can’t or have a worse experience. The companies themselves
957.
by tyre 4y ago
That’s not what this article is about.
958.
by tyre 4y ago
Sam Altman is not a scientist.
959.
by tyre 4y ago
You lose great people, you take a huge hit to culture and productivity, you spent a lot of capital that you otherwise wouldn’t have. It create doubts in leadership and cut projects with maintenance debt. People quit after layoffs, which mea
960.
by tyre 4y ago
Depends on the company but yes. Stripe, as an example, drastically slowed down hiring when the pandemic hit expecting an economic slowdown. It then turned out that so much commerce moved to online—rather than stopped—so they ramped up hirin

More ›