HN user

kenneth

8,025 karma

I run oyster.vc

Find me online at angel.co/kb, or email me at kenneth@ballenegger.com

Posts43
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twitter.com 3y ago

Bad UI Battles

kenneth
2pts1
www.theguardian.com 3y ago

Robbie Coltrane, Harry Potter's Hagrid, has died at 72

kenneth
2pts1
www.bloomberg.com 3y ago

A Chinese Spy Wanted GE’s Secrets, but the US Got China’s Instead

kenneth
10pts2
www.thenationalnews.com 4y ago

In 1974, Concorde's visit to the Arabian Gulf was anything but harmonious

kenneth
2pts0
aninjusticemag.com 4y ago

Once Upon a Time, the Dutch Ate Their Prime Minister

kenneth
1pts0
twitter.com 4y ago

Coinbase continues to support Russian users

kenneth
1pts0
historygarage.com 4y ago

Surviving the desert by building a motorcycle from a broken car? (2017)

kenneth
212pts136
www.vice.com 4y ago

A McDonald’s Knockoff Became the Immigrant Dream

kenneth
1pts0
www.bloomberg.com 5y ago

Unused Shots Pile Up as Mistrust Mars Hong Kong Vaccinations

kenneth
2pts0
www.notboring.co 5y ago

Ramp's Double-Unicorn Rounds: Behind the Scenes

kenneth
2pts0
casetext.com 5y ago

Bhattacharya vs. Murray

kenneth
31pts7
www.institutionalinvestor.com 5y ago

Apollo Caesars and Wall Street’s Billionaire Brawl for Control of Gaming Empire

kenneth
1pts0
scholars-stage.blogspot.com 5y ago

US-China War over Taiwan: All Measures Short of a Cross Straits Invasion

kenneth
93pts188
abigailshrier.substack.com 5y ago

Book Banning in an Age of Amazon

kenneth
41pts35
fortune.com 5y ago

Uber visionary’s crypto app raises $26M after fintech pivot

kenneth
4pts0
financialservices.house.gov 5y ago

Written testimony of Keith Gill (starter of GameStop mania) to Congress [pdf]

kenneth
2pts2
www.economist.com 5y ago

Between the Spreadsheets: love, relationships and polyamory with Excel and agile

kenneth
1pts0
www.bloomberg.com 5y ago

Supermicro Hack: China Exploited a US Tech Supplier over Years [2021 Follow-Up]

kenneth
402pts214
www.bloomberg.com 5y ago

Supermicro Hack: China Exploited a US Tech Supplier over Years [2021 follow-up]

kenneth
150pts26
www.youtube.com 5y ago

Vlad Tenev (Robinhood CEO) explains last week's events to Elon Musk [video]

kenneth
3pts1
unherd.com 5y ago

Why Bother Having Babies?

kenneth
2pts1
www.scmp.com 5y ago

Thai youth challenging the monarchy is an incredibly dangerous moment

kenneth
2pts0
www.scmp.com 6y ago

Wuhan in lockdown as Beijing tries to contain deadly outbreak

kenneth
4pts0
www.theguardian.com 6y ago

China confirms human-to-human transmission of coronavirus

kenneth
3pts0
foreignpolicy.com 6y ago

Europe Is Ready for Its Own Army (2019)

kenneth
77pts112
www.npr.org 6y ago

Video: Mexico's Most Active Volcano Erupts, Spews Ash Cloud Nearly 20k Feet

kenneth
2pts0
www.youtube.com 6y ago

Why Snatch Blocks and Pulleys Are Awesome [video]

kenneth
1pts1
www.swissinfo.ch 6y ago

Credit Suisse scandal shakes Zurich’s elite

kenneth
191pts86
www.scmp.com 6y ago

Protester shot by police in chest with live round in Hong Kong protests (live)

kenneth
1pts0
techcrunch.com 6y ago

The SEC wants disgraced VC Mike Rothenberg to cough up more than $30M

kenneth
2pts0
Hello World 2 years ago

What I think is shocking is that 99% of the software engineering world these days would have zero ability to comprehend this explanation. In my opinion, you could not be a real programmer without the ability to understand what your program is under the hood. You might be able to get away with it, but you're just faking it.

And yet, 99% of the people I've ever seen in the industry have no idea how any of the code they write works.

I used to ask a simple interview question, I wanted to see if potential hires could explain what a pointer or memory was. Few ever could.

What you're describing doesn't exist in Switzerland, which you could tell by doing a quick Google Maps view.

Nothing in Switzerland is cheap, least of all land. Practically nothing in Switzerland is flat either. What little flat land we have is used for agriculture and cities.

There are various precious metal trading companies that will buy the bullion from you at close to spot if it's kept in its original assay and has documentation. If not in assay, they will have to test its purity and potentially remelt it so that adds to the spread.

I used to buy gold bullion as a sneaky way to get credit card points on the cheap (and then use them for first class flights around the world). You could usually do the trade profitably and quickly and quite safely with insured shipping via USPS. $50k at a time. It was a bit sketchy to have that much in bullion at home, and I quickly got bored of it.

The things you do when you're young…

While they use the same script, they are not interchangable. A person from Taiwan would recognize characters in a HK or Japanese newspaper but would not necessarily understands it. A good half would only make sense to someone who speaks Cantonese.

Also, several languages have moved from a script if iconographic characters to phonetic ones: for example Vietnamese and Korean, the former adopting a phonetic western alphabet with accents, and the latter developing a new phonetic script, hangul. Japanese developed two new syllables based scripts, hiragana and katakana, which are mixed with the old word characters (kanji). All these used to use Chinese styles characters prior to the switch.

No reason Chinese couldn't do the same. In fact, it did… pinyin is a formal phonetic alphabet for Mandarin Chinese that's based on the western alphabet with additional marks denoting the tones of the words. It's only hard I'm an educational setting, but you could use it anywhere!

A steak and a piece of fish requires no other ingredients other than salt to be delicious.

Many veggies can be delicious with just some heat + salt; though adding a few spices certainly helps.

I'd much rather eat a perfectly cooked skirt steak with home made chimichuri and a side of veggies than a domino's pizza.

Insolvent has a precise meaning in accounting. FRB was not insolvent. The book value of their bond and loan portfolio was accounted as held-to-maturity keeping it at cost value and not market value. As long as they could hold to maturity they'd be just fine.

The Fed put in a facility that was supposed to let banks borrow against their securities portfolio at their book value and not at their market value, plus on top of that there's also the discount window facility, which means FRB had plenty of access to capital to handle any withdrawals.

The FDIC is just on a power trip here. They don't _like_ that the market value of those securities is down based on the inverse relationship between yields and price. So they force killed the bank. There was ZERO need to do that, FRB could have just held the loans to maturity, and sure they'd lose some money on the interest they'd have to pay to borrow from the Feb to make up for lost deposits, but in no way were they insolvent and in need of a shut down.

The FDIC killed a bank that was absolutely fine. For the 3rd time in 2 months.

FRB was solvent and had plenty of liquidity if the FDIC didn't force kill it. The FDIC just wanted to flex its muscle because it didn't like the situation — but there was zero reason FRB couldn't have held all its good loans to maturity and been totally fine.

Fuck the FDIC and fuck Jerome Powell for causing all this unnecessary destruction.

This is the fault of of one person: Jerome Powell. That man has done more damage to the US and the world than any of the biggest calamities that come to mind (9/11, Katrina, Trump/Biden/Fauci depending on your politics).

The last 3 years of monetary policy have been the biggest destructive f-up ever imaginable. Printing endless money causing the collapse of the value of the dollar, causing serious inflation, to an insane raise in rates to try to undo the damage which (1) not only destroys the entire banking sector and tech industry, and (2) did absolutely nothing to fix the destruction of the USD.

When I first got Disney+ because an ex-girlfriend wanted to watch Wanda, the app was misconfigured to have the audio description turned on. It's a pretty weird show, so it took me 3 episodes of being confused by the weirdness of the show to realize something was really off and it wasn't meant to be watched like that. Took me forever to find the setting to turn it off; and it got a bit more watchable after that.

Unlike the author, I do not applaud the artificial limiting if supply. I find it incredibly annoying that it's become impossible to find Chartreuse and that the prices are skyrocketing. It's such a key and irreplaceable ingredient in many cocktails. Unlike a fancy whiskey or whatever, there is little you can substitute for it, so I'm not unable to get my orders at many of my favorite cocktail bars.

Following the rules didn't help them. The rule was no templating tools that generate code. They didn't use that.

It simply seems like they had to deal with a school official who was too dumb to know what GitHub was and too egotistical to admit they might be wrong.

I actually dealt with something similar back in my high school days. I self-taught myself to program starting around age 10 or so. So by the time I was offered and took a "computer class" that had some programming in it in high school, I already knew what I was doing. Far better than the teacher in the class. Every project in the class I found very easy and did perfectly within the parameters requested, often time going way beyond the requirements. The teacher didn't like one bit that I was far exceeding her capabilities and the level expected and would find every excuse to mark me down. Her favorite excuse was to take issue with my comments (where I didn't explain every obvious line of code in verbose text). I barely passed the class.

After that, I changed my mind and decided I wouldn't study computer science in university, instead deciding to skip school altogether. Eventually did go to university after a gap year, but to study design instead. I was completely turned off from learning CS by this one teacher and it dramatically changed the course of life after. I did continue coding and ended up building some cool stuff, including a couple startups before switching to venture capital.

Hopefully for these kids it'll be a trigger for positive change too.

We don't know much since there's not any details, but in theory at least you're supposed to see less ads on Twitter's premium tier. I figured there's a possibility that a similar policy is in place here. Maybe I'm being too optimistic, it is Meta after all.

This is excellent news! I can't wait to sign up.

As a VC and someone who's invested in some companies involved in crypto, even though I keep a rather low profile, I constantly have to deal with impersonators on my Facebook and Instagram accounts, trying to scam people. I've tried repeatedly to (1) get Facebook support to shut down the impersonators, and (2) to secure a blue tick so this stops being effective. Meta has dropped the ball on both of these, so I have to deal with this constantly. I will happily pay to avoid this.

Second — the ads on Instagram have become overwhelmingly annoying and frequent. I would happily pay for a premium version of IG that gets rid of ads. Hopefully this is that.

So then perhaps the equity in Anthropic will be owned by the FTX creditors through bankruptcy and will appreciate greatly to the point where it could repay all the creditors. That would be hilarious.

For what it's worth, when MtGox blew up, it took years to recover and distribute what Bitcoins were left. Everyone was frozen out, but when they finally got their money back it was worth far more than when MtGox blew up. I have friends who are sitting on millions thanks to this. They probably would have sold on the way up or during one of the crashes. But thanks to the illiquidity during bankruptcy, they're far better off now.