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abat

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Seems like the math portion is becoming less about math and more like an MBA reading comprehension test.

Honestly, it sounds like traditional enterprise software and should be valued similarly. Software like Enterprise Resource Planning (ERP) or Electronic Health Record (EHR) always require very expensive integration/training/support. The contracts take forever to negotiate but are very lucrative with a huge lock in and expensive support contracts.

1) Some programmers really are worth orders of magnitude more than others. Really great programmers will help drive product decisions that can change direction of the company and the ultimate success/failure. The more responsibility a programmer has over product/quality/cost/delivery schedule, the more they can be worth a huge amount. 10X is probably a more common variance, but I'm sure there are single developers building the right thing that are worth more than 1,000 crap developers getting bogged down in product management BS.

The thing is that communication/management gets harder the more people there are, so crap developers have very little value (and maybe even negative marginal value in certain cases). IE a developer that's 10X better than another developer can actually be worth 1000X because you can't just hire a 10 mediocre developers and have them be worth the same as a single great developer.

2) Really great developers are really paid a lot more than less good ones (but not their full value). Smart developers with no experience are paid more than what he suggests. A smart college grad can get paid 6 figures without any experience in the right job (not ~50K). People who prove their worth can ultimately get paid a lot more. However, they're pay will usually be increased above their peers outside of salary using RSUs/options that will be very valuable but vest over time. It is true that great developers often have to either co-found their own companies or take high level management roles to get 100X pay of an average developer. That said most companies don't pay programmers their true value, and it often takes a long time for a developer to fully demonstrate their value and develop a name for themselves.

edit: TBC, I'm not arguing anything about immigration or the OP as a whole. I just take issue with the idea that there is little variance in value between programmers.

Galleries want a 50% cut from every sale of new art. He's getting a discount by buying in bulk and going straight to the artist.

Edit: TBC, I don't think there's anything wrong with what he's doing, but he's clearly making some enemies

Are they trying to deter non-serious students in order to inflate their pass rate?

If they want people to take their certificates seriously, I guess it would be important for people to trust that the person listed actually earned it. The documentation may also improve later conversion to paid products as well avoid the same person passing the course multiple times with multiple AWS accounts to get more AWS credit.

The companies taking advantage rely on their marks/employees being naive, so you'll be fine once you know to be careful:

1) Get direct employment with a reputable US company instead of via a contracting company.

2) Don't sign any contracts that have any penalty for quitting. You may want to hire a lawyer to review any contracts.

3) If you are in a bad contract and your employer sues you, make sure you hire a decent lawyer. The biggest victims were those that ignored the suits or tried to represent themselves and lost their cases by default.

The Krstic article is an explanation of the short squeeze that happened near the end. This is just a small part of the Priceonomics article. The Priceonomics article includes a lot more history about the companies and people involved as well as the German politics protecting VW. The Krstic article doesn't even include the twist ending where VW buys Porsche.

Acquisitions are complex and take a long time to really close. Most of the time you see articles about a company being sold, the deal isn't actually done yet. WhatsApp agreed to terms in February, but the deal didn't actually close until a week ago. Was it a lie to say that WhatsApp had sold to Facebook before October?

That said, I have no idea what the case is here.

That's not necessarily the reason for Houston having such a large Chinese community. The majority of Chinese in Houston are legal and often more educated immigrants that would not have gone through Mexico.

The people profiled in the article were from specific poor areas in China (eg Fujian) that could be considered the Chinese equivalent of Appalachia.

A Leica T Review 12 years ago

The Leica T has an outdated Sony sensor they used in one of their lower end mirrorless cameras (NEX 5). The NEX 5 was even more portable and you can use a large number of first party lenses and use many other brands via converters.

It's not clear that the Leica T's image quality is any better than an NEX 5, and I would expect the more recent Sony cameras to be better image wise. The Sony A7 would give you a newer, larger sensor for less.

The idea is it's a backup battery instead of a backup gasoline engine. Being "nearly as expensive as gasoline" could still be a win because it could be used in electric vehicles without having to add a backup generator engine. Also it could have other benefits like being safer (less combustible), producing fewer emissions on the road, and weighing less than gas.

That said, I'm not saying I'm believer in this tech

tl;dr Acqui-hires are are turning into just hires. Companies just want the talent from failed start ups. The acquirer lowballs cost of buying out equity and but keeps high retention comp to employees. In short term this is good for start up employees, but writer argues this will hurt seed ecosystem because investors don't like being burned.