HN user
It's weird that one of the reasons that you endorse AWS is that you had regular meetings with your account manager but then you regret premium support which is the whole reason you had regular meetings with your account manager.
It makes me wonder how Israel can achieve something like this while simultaneously not being aware of the Oct 7 attacks.
Agree with this completely. I have found it consistently challenging to create the structure necessary for low performers to turn their work around. We have also had issues with people actively working for other companies while turning in poor work, spending most of their time freelancing, etc. It is hard to correct that level of effort when they think it is "good enough". Sadly the whole overemployed phenomenon is ruining it, not because they work multiple jobs but because they are disingenuous about it.
For anyone coming back to math I can't recommend enough the book "Journey through Genius: The Great Theorems of Mathematics". It's interesting how much of algebra came originally from geometry and the path to developing these fields makes it so much more intriguing / understandable vs just learning math to learn math.
Our team has an Enterprise account, but individuals cannot access GPT-4 through the chat.openai.com interface. With teams, do individuals get access to GPT-4 through that interface? Is our account just broken somehow?
It seems odd we have enterprise but cannot access GPT-4 through the main ChatGPT interface.
Yea I always liked the way Spanner solved this. Let's not bother with any of the distributed system theory and just use that Google money to build in to the system extremely precise clocks :-D.
(Obv I know it's more complicated than that, but where else can you be reductionist if not the internet)
If you like RATM then it's worth watching this early video of theirs from 1992. So many hits on their debut album and about 10 people in the crowd in the middle of a record store. This video is a definite gem.
Yes.
On iOS
There is a weird bug on your "What do you want to learn about first?" question.
I am able to select both "Cheeseburger" and "Greek Salad" but not "Greek Salad" and "Spaghetti & Meatballs". If I tap "Greek Salad" after first tapping "Spaghetti & Meatballs" then it deselects the "Spaghetti & Meatballs" and selects "Greek Salad" (even with only 1 item selected).
Anyway, cool concept.
You still owe capital gains on the original proceeds, deferred a few years and with a possible 10-15% basis step up. This isn't zero capital gains tax.
If you happen to have a billion dollar exit on your reinvested capital gains that can be tax free, but you're still paying tax on the original gain.
I feel this. I just upgraded MacOS 11 Big Sur and to XCode 12.5 (from 12.4). Both updates were 12 GB.
Where I am in Colorado gyms reopened. No one inside wearing masks & even though they had reserved times it didn't seem like they limited the number of people at all. I imagine people are now "wearing" masks but actually subtly skirting the state mandate. Decided to stop going to the gym because of it & am now building a home gym instead.
None of our stockholders are party to any contractual lock-up agreement or other contractual restrictions on transfer. Following our listing, sales of substantial amounts of our Class A common stock in the public markets or the perception that sales might occur, could cause the market price of our Class A common stock to decline.
Direct listing!
"Seems like the game now is to grind whiteboard before I get too old for Google."
the sad reality of this industry...
It's hard to reason about wealth inequality because it is so massively, massively skewed right as a distribution. I don't think humans are very good at reasoning about distributions that are not normally distributed.
For example, the world's eight richest people have the same wealth as the poorest 50%.
It feels to me like that's a little unfair.
Nothing like increasing net losses leading up to IPO!
2016 - ($682,794)
2017 - ($688,301)
2018 - ($911,335)
As a percentage of revenue though the loss is decreasing,
2016 - 2x
2017 - 0.6x
2018 - 0.45x
2018 revenue was $2.1bn.
Since they are a tech company and not a real company they can IPO at 10x revenue so that's ~20bn.
Who cares what their margins are.
We used to like it especially when management referred to their employees as "resources" .. you know.. "we have 5 resources devoted to this". So we started referring to ourselves as meat bags. "We have 5 meat bags on this project."
In my mind the only reason to work crazy hours is when you find product market fit: the ball is rolling down the hill and you're chasing it. That is supposed to be what it feels like. Customers are breaking down the door because they want your product and you're fighting to keep up with demand. And yes the "best" teams work crazy hours because they already have product market fit.
I've worked at a startup that very clearly had product market fit and one that very clearly didn't. In the former example the early employees worked a ton to scale the product and keep up with demand. In the latter example, the founders felt they needed to work nonstop in the mindset that hard work for the sake of hard work would produce product market fit. I think it resulted in a lot of thrashing. They kept focusing on minutiae in the product when probably taking a step back, letting things simmer, and evaluating from a higher level would have been really beneficial.
I think successful product development requires a lot of creativity, and you don't get creativity by sitting in a seat for 16 hours a day because that's what your investors tell you their best teams do...
Bulleted changes from the article:
- The pre-sale, which is like the early-bird sale for tickets, will be moved until after the directed group sale, which is for burners who are "key contributors to Black Rock City (theme and mutant vehicle camps, art collectives, and core teams)."
- That directed group sale is also growing by 10 percent more tickets in an attempt to boost "meaningful participation."
- The application-based Low Income Ticket Program will grow by 18 percent.
- The organization is also reducing the number of high-priced tickets available by 30 percent: "Higher-priced tickets will now be limited to 2 per person instead of 4 per high-priced tier, and buyers in what was formerly the “Pre-Sale” will no longer be able to participate in subsequent public sales," Goodell wrote.
- The limited sale will also be eliminated this year, which for the past two years allowed burners to purchase $1,200 tickets into July, according to the post.
It's interesting to me because most people who get tickets via the directed group sale contribute very little to the event beyond the camp dues they pay. Most full theme camps are planned and run by just a few people. I really think they should increase main sale tickets rather than directed group sale. Prioritize people who really are radically self-reliant and still want to contribute and aren't just paying dues to a camp and using their infrastructure.
Of course everyone will complain about the tickets no matter what they do though. Cool they are trying to improve.
What kind of due diligence is required? Isn't the concern here mostly how the stock should be priced?
And why then are private funding rounds so much cheaper to get done? Diligence still has to be done for private funding. Why is more diligence required for an IPO?
The best part is stock options. Not only are you not diversified, now you get to concentrate your portfolio by buying stock in the company that provides your income.
Stock options: for concentrating your income and your investments when you're excited and biased.
In San Francisco public housing projects are funded from fees on new development. In 2016, voters approved Prop C which increased the affordable housing requirements to 30% of the total units for a new project. A combination of factors -- rising construction costs, high land value, big fees (such as Prop C), onerous approval process, etc has led to the number of new construction permits being applied for dropping significantly.
That decrease has led to the city only getting funding for about 240 units of affordable housing in 2018 - 2019, whereas from 2014 - 2016 the city produced 500 units of public housing per year. [https://www.spur.org/news/2018-11-08/how-has-san-francisco-r...]
This is a long way of saying that the market affects everything. Even if we decide to build public housing that housing is not immune from market effects like expensive land and big construction costs. If it's more difficult, and therefore more expensive, to build market rate housing then it's more difficult and more expensive to build public housing.
For example, in the Mission no new affordable housing has been built in, according to Supervisor Ronen, close to 10 years. There are 7 projects in the pipeline, but none have broken ground [https://sf.curbed.com/2018/4/24/17276152/affordable-housing-...]. Long approval processes and constantly increasing construction costs are partly to blame.
I thought this video about one developer's saga trying to build housing where his laundromat currently is explains a lot of the problems SF has with creating new housing:
"This Insane Battle To Block a New Apartment Building Explains Why San Francisco and Other Cities Are So Expensive" https://reason.com/reasontv/2018/12/27/san-francisco-mission...
AKA Twitter
What other snippets from the speech show he believed in permitting violence?
But realistically what is Facebook doing that could be considered anticompetitive?
I imagine a lot of drivers do not have the luxury to stop driving if it doesn't make sense because Uber has encouraged many to take on financing (either through Uber or elsewhere) for these luxury / more recent vehicles that they would not otherwise have bought.
I don't think the board has much say. The co-founders have control over all stockholder decisions and even if they were fired (which would only happen if they turned on each other) they would still exercise the same control of stockholder decisions. So I don't think the board really has any leverage...
Very good point. I hadn't thought of that.