zipiridu

4 ms·

1.
by zipiridu 5y ago
Web3 has great potential by changing the incentive structure of the internet. Think of it like socialism vs capitalist. Each has their strengths but taken too far both can be bad. I think the current state has taken it too far on the social
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by zipiridu 5y ago
Facebook is facing competition from TikTok and will have a very hard time breaking their momentum. Always go long Google and short Facebook.
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by zipiridu 5y ago
Yes, compounding interests in the people in power to keep propping up the markets.
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by zipiridu 5y ago
Given that a huge transfer of wealth to the rich happened over the last two years, I expect businesses that cater to them to boom.
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by zipiridu 5y ago
I used to think this was definitely a bubble, but I've become less sure after reading about the amount of debt the US has and the ways it can pay it. The easiest way the US can pay its debts is through inflation. Given that, the fed wi
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by zipiridu 5y ago
Watch Ray Dalio's videos on the long term debt cycle and how the economy works in general. Another interesting topic is what is called the "fourth turning" which sort of says that major changes happen around once a human life
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by zipiridu 5y ago
If this is true, unless they get fined in the order of $200B it won't matter and whoever made the decisions will get promoted within both companies. Snapchat lost ~25% of their market value and other companies that did not collude prob
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by zipiridu 5y ago
The "fraud economy" was democratized in the last decade but it has always existed. Previously you needed to be rich, powerful, and well connected to have media companies cover your business/product. Now you can buy fake engag
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by zipiridu 5y ago
IIRC takeoff and landing are the most dangerous parts, so I'd be more interested fatalities per trip. An intercontinental plane ride would cover more miles than I drive in a year which makes the per mile stat meaningless to me. I think
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by zipiridu 5y ago
I don't understand why people leave AWS to join Google Cloud only to replicate the environment they were trying to escape.
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by zipiridu 5y ago
I've changed my mind on this a few times, but I think schools or creditors should have some duty to not give out loans of this magnitude to 17-year olds with little to no financial literacy. The same way that a bank would not give you
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by zipiridu 5y ago
I have a similar story for internet. I tried to cancel my Xfinity (Comcast) internet service through the online chat. After being transferred several times, the person said they will do it but then disconnected right after they said that. I
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by zipiridu 5y ago
If there were more companies where you could work 3-days a week with 60% pay without requiring any special approval, I'm sure they would improve retention and attract a lot of candidates. It seems like this would work well with the mov
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by zipiridu 5y ago
At Google you start with an initial large grant that vests over 4 years. For example, let's say you get 400k as stock that vests over 4 years and 100k as salary to make math simple. So you get 200k the first year, and at the end of the