AndreLock

7 ms·

1.
by AndreLock 1y ago
I've long been skeptical of the potential of prediction markets. A huge source of their recent growth, sports-related contracts, seems to rest on precarious legal grounds since none of the major players are registered sports betting ou
2.
by AndreLock 1y ago
Using valuation as a measuring stick is a bit silly given how much valuations can be inflated based on a pre-revenue idea and the pedigree of the company founder(s). When Mira Murati and Ilya Sutskever left OpenAI and walked into a room of
3.
by AndreLock 3y ago
This came from the NLRB's McLaren Macomb case.
4.
by AndreLock 3y ago
The first batch of reviews for Vinfast's US vehicles were awful. I can't imagine this going well for them, though the stock will very volatile due to the low float.
5.
by AndreLock 3y ago
I agree regarding leaving VC as an associate. Many of these positions are not partner-track. Also, in a world in which term sheets were being signed in 48 hours, it isn't clear what skills they've been building (no financial analy
6.
by AndreLock 3y ago
Interesting to see what the impact will be on crowdsourcing annotation companies like Scale AI, especially after reading this article: https://www.forbes.com/sites/kenrickcai/2023/04/11/how-alexa...
7.
by AndreLock 3y ago
Scale AI has long struck me as one of the worst examples of the excesses of the recent startup boom: - An extraordinary amount of hype and handwaving over what is essentially a business process outsourcing operation - Exploitation of gig ec
8.
Scale AI: How Alexandr Wang Turned an Army of Clickworkers into a $7.3B Unicorn(forbes.com)
4 points by AndreLock 3y ago|2 comments
9.
Carbonomy raises $16M from Hedonova: the story of a fake deal with wide coverage(ain.capital)
1 points by AndreLock 4y ago|0 comments
10.
by AndreLock 4y ago
I think it's the latter. If anything, this will negatively impact Mercury and Brex in the long run as companies will favor safety above all else.
11.
by AndreLock 4y ago
I was a competitive chess player in my youth and am currently ~2300 on Lichess. Here are key aspects of any training regimen: * Tactics - I did thousands of tactics puzzles using a program called CT-ART while under a time limit. I would hav
12.
by AndreLock 4y ago
The college student behind the account also tracks the private jets of other prominent individuals, including Bill Gates, Trump, Bezos, and a slew of Russian oligarchs. It should be noted that at the time I'm publishing this comment, o
13.
Autonomous Trucking Startup Embark Has Gone from $5B+ to Basically Worthless(news.crunchbase.com)
11 points by AndreLock 4y ago|1 comments
14.
by AndreLock 4y ago
I stand corrected on this point. Bloomberg is reporting that SBF's Robinhood stake was apparently held through Alameda and may have been used as collateral for loans.
15.
by AndreLock 4y ago
This is absolutely wild and unprecedented. Imagine being a victim of Madoff's ponzi and - after already being traumatized by the unveiling of the fraud - discovering that the rest of the money had been stolen. Madoff's ponzi was l
16.
by AndreLock 4y ago
SBF personally owns a 7.6% stake in Robinhood worth ~$700m at the current price.
17.
by AndreLock 4y ago
The Sacramento Kings' old arena was called the Power Balance Arena in 2011-12. Power Balance went bankrupt in 2011, and the arena naming rights went to Sleep Train the following year.
18.
by AndreLock 4y ago
Selling game/item codes is a grey area on eBay. eBay restricts the selling of digital goods to approved sellers, but it is theoretically possible to circumvent this by physically mailing codes to buyers. The problem is that this side h