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HiLo
searching Neon…
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1.
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by
HiLo
11y ago
What the fuck! They are breaking laws related to protecting people from discrimination! And all you can focus on is, hey, there's other people doing bad things too! Why can't you get mad at them? Seriously wtf.
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HiLo
11y ago
EXACTLY.
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HiLo
11y ago
Complete straw man? Which YC companies are listed on the NASDAQ? Exploit might be the appropriate word, but most of the SV VCs come from tech backgrounds these days, not finance. Why? All of YC's companies are worth $30 billion, and it
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by
HiLo
11y ago
1. I would agree but this doesn't reflect the reality and underlying political reasons for regulation and enforcement. I would imagine the large fine (lol jk, a $7mm fine is a joke) was to send a message that stonewalling a public regu
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HiLo
11y ago
It's almost like PG and his posse is part of the reason for some of the toxic culture in SV. But God help you if you say that... My open resentment for them aside, I do wonder why he feels qualified to comment on the economics of incom
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HiLo
11y ago
Just like they eventually fell into compliance with certain cities, right? Where do you draw the line? Uber has a record of flagrantly, openly, defiantly breaking US laws - this fine came after they were stonewalling CPUC. If I were an inst
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HiLo
11y ago
This is going to be wildly unpopular but 7.6 billion would be a number worth mentioning. (Although I also feel VW should be banned from the US, no negotiations.) What kind of message do you send by only fining them a tiny portion of what th
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by
HiLo
11y ago
Lol these types of assumptions, that I have the luxury to just interview for weeks on end, really get to me
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HiLo
11y ago
"And here is the Apple Watch that tells us every time you smoke a cigarette, or think something shameful. Healthy mind healthy body."
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by
HiLo
11y ago
What would be the infrastructure this time? Instacart drivers at the ready...? The whole ecosystem that's been pushed seems to be being pushed precisely because there's no infrastructure involved, leading to the asymmetric cost st
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HiLo
11y ago
I like how he tries to quote a "Nobel prize winning economist" as an appeal to authority, but then (without naming him) insults Picketty's work, which will probably win a Nobel. PG is a smart guy but he really should stick to
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by
HiLo
11y ago
If getting $150k before doing pretty much anything else was standard, it would be significantly easier to create sub-billion dollar companies. I've looked at multiple companies that wouldn't have needed further funding at all beyo
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HiLo
11y ago
And in +10 years, activist investors come in and lament how much more valuable the shipping business and the e-commerce business really are when separated, as the legacy network doesn't necessarily fit the needs of the newer one :) Thi
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by
HiLo
11y ago
Haha touche
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by
HiLo
11y ago
Fair points, but I didn't say it was because of their cash dealings. I was suggesting it more because of how the cartels operate. Also, claims that local gangs would be able to compete against cartel-aligned gangs (which is already mak
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HiLo
11y ago
Ah, you hit it on the head. My neighborhood is full of these types, and that's the catch - you can keep your family together, but, just like happened to me standing at the ATM yesterday, the kids ride by on their hoverboards and you he
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HiLo
11y ago
I know most people here mean marijuana legalization when they say drug legalization, but there is absolutely no way meth, cocaine, or heroine will be legalized within the next 15-20 years, which is fairly long-term from a business perspecti
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HiLo
11y ago
This is a very simplistic view of the cartels, and a very US-centric view as well. This doesn't really factor in the local / native view of these groups, which see them much more as semi-heroic for standing up to the imperial Amer
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HiLo
11y ago
I hear you, I really do, but plenty of guys in finance and trading work these hours and are expected to maintain regular families.
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by
HiLo
11y ago
Is somebody really trying to quantify meaningful, long-term human relationships? I kind of thought almost by definition that these things were more nuanced than that. Some of the thing that gives them so much meaning over the long run, in m
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HiLo
11y ago
Agreed. I simply can't imagine what would happen if our federal fiscal policy was left up to the 50 states individually. Jesus that would be bad. Texas, my personal and favorite example, would go from an economic powerhouse to unable t
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HiLo
11y ago
Something of a straw man when speaking of paying off people who are long dead, versus people are were actively trying to get their products to market at the same time as you. You also assume that there is an alternative to having arbitrary
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HiLo
11y ago
Patents are a bit more nuanced than "touch screen on a phone."
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HiLo
11y ago
Of course, the headline is misleading, as per usual... From the article: "By 2008, foreign currencies such as the U.S. dollar and the South African rand had become de facto currencies thanks to a booming black market. The following yea
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by
HiLo
11y ago
No, don't you get it? They clearly weren't giants if they couldn't do everything themselves, so it's okay if we don't do everything ourselves, not pay them, and make more money. (obviously kidding)
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HiLo
11y ago
I couldn't disagree with you more. If you don't know HOW to build a multi-billion dollar product without stealing prior work that isn't yours, WHY should you be able to sledgehammer your way into lots of money by preventing s
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HiLo
11y ago
I thought this was the one where they used that like $35 streaming software or whatever (I'm a finance guy, I know that probably sounds stupid) and were able to take over the controls, hence the landing?
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HiLo
11y ago
>If a startup does not have money to pay employees then founders should raise more. > then think this way: how that startup is going to attract talent from established companies (whose expertise are needed if that startup wants to bec
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HiLo
11y ago
And how many heroes does the world revere for rising up and doing something about similar situations, even if it was in the past? There are a lot of people dealt very shitty cards. What this is trying to say is that, even in the most horrib
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HiLo
11y ago
I think this is generally great advice, not just for raising scientists.
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