basseq

6 ms·

1.
by basseq 8mo ago
This reads like a Speaker for the Dead moment (from Ender’s Game): neither eulogy nor denunciation, but an honest accounting. Acknowledging the real impact without excusing the real harm.
2.
by basseq 2y ago
A couple different ways to answer that question. For portcos, you'll definitely see the focus on costs. That means restructuring/layoffs, contraction from non-key markets, and reduced growth initiatives. PE is going to be loathe t
3.
by basseq 2y ago
This is neither prescient nor particularly insightful. Private equity metrics have been down for a while: fundraising down 20% since 2022, distributions down 11%, deal value and count down 60% and 35% respectively, exit value down 24% YoY.
4.
by basseq 2y ago
I'm at the tail end of two of these, of ~10 in my career. They are always tough, always a bit of chaos, and all different. Planning is important, and avoid committing to targets or deadlines until you have your arms wrapped around what
5.
Why are candles so expensive?(washingtonpost.com)
2 points by basseq 2y ago|0 comments
6.
by basseq 2y ago
We've gone through a round of layoffs, and I've been thinking about the same thing. It's not that it's too easy —it's that it's too impactful . The real answer is social safety nets. If you want to protect pe
7.
by basseq 3y ago
This post sent me down a rabbit hole on entomology. In short: words change meaning. Addition as a term includes a history of positive definition in the 17th century of "devoting oneself to another person, cause or pursuit", to b
8.
by basseq 3y ago
> Did they? Or did Adobe just stop offering #1, forcing customers into #2 whether they like it or not? I'm recalling that they did run both models in parallel, but couldn't find a reference in a quick search. Regardless, the
9.
by basseq 3y ago
People tend to want to best of both worlds. They want to "own their software" (i.e., pay once, use forever) but they also want the benefits of SaaS: low up-front investment, cloud services, continual evolution, network effects, et
10.
by basseq 3y ago
Not an artist, but seems like a neat idea. Killer marketing function: when I clicked through, I was immediately looking for a live example. You've got the carousel of screenshots, but show me what the actual output looks like . Heck,
11.
by basseq 3y ago
Or perhaps: are there good web games anymore? Whether it's consumer trends or technical accessibility, it seems to be more of a "wasteland" than it was 10 years ago. [ Old man shakes fist at clouds. ] Meaning more "sma
12.
by basseq 3y ago
Exactly. These cost comparisons are way off. For those new to the boating world, a slip is just a space to park your boat on a dock. You would then need to, k'know, have a boat to live on .
13.
by basseq 3y ago
That "drop out" concept just seems entirely wrong. Not only because its erroneously constricting the applicant pool, but because it strongly biases the earlier roles in the queue. For example, consider two roles and two applican
14.
by basseq 3y ago
A lot of this resonated with me as well: I'm FT remote in an organization that is a) increasingly pushing in-person collaboration and return-to-office and b) headquartered halfway around the world (+7 hr. time difference). I, too, miss
15.
by basseq 4y ago
My point in all this is that the FDIC's actions to guarantee the deposits did not benefit bank management . They may have "made out like bandits" in taking advantage of equity holders, and perhaps without duty of care to d
16.
by basseq 4y ago
Sure, though in all fairness, I understand it's standard GAAP accounting for all banks, and your balance sheet has to have a footnote explaining the market value as well. I.e., this particular play or accounting standard is extremely
17.
by basseq 4y ago
I guess my point is that they still got hit by the steamroller : they lost their jobs and future earnings, they lost any equity (which certainly was part of aforementioned bonus), etc. Earning a nice bonus last year is a reasonable consola
18.
by basseq 4y ago
No, and that's the point. I understand that banks mark long-term bonds as hold-to-maturity (and only then can list them at par on their balance sheet). But they actually have to hold them . Otherwise, they have to mark them to market,
19.
by basseq 4y ago
Ah, likely. Though it doesn't seem like there's any evidence yet on insider trading or execs fully cashing out. They got lucky liquidating some single-digit % of their holdings, but still likely lost most. A 95% loss is better tha
20.
by basseq 4y ago
I'm unclear how SVB management "made out like bandits". I assume they had a couple good years of nice salaries and bonuses, but now their equity is zero'd and they're out of a job. I presume they would have preferre
21.
by basseq 4y ago
It is far too early to publish these kinds of articles. It will take months if not years to untangle "what happened" and do a true retrospective. This is little more than a poor summary of "what we know so far".
22.
by basseq 4y ago
Well now you're talking about technical delivery! Not withstanding the advancement on 4K content, VCRs, RCA antennas, remote controls, etc. Heck, for a while I could rent new releases from my Verizon subscription, too! (Or I'd hav
23.
by basseq 4y ago
I feel like I'm missing something: how does this approach speed up calls? You're still going to want some period of time between the last bid and the "sold" call. (Time often consumed by an auctioneer saying "going
24.
by basseq 4y ago
I'm not seeing discussion of key comparison to steaming vs. cable: the ability to buy and access a variety of content from one source. "Having to buy more than you need", "annoying contracts", "ads", &quot
25.
by basseq 4y ago
Horribly written. Seems like the crux here is twofold: 1. Strategies should be directionally correct to help guide an organization to a common goal, but not be overly prescribed in order to adapt and remain flexible in the face of an unknow
26.
by basseq 4y ago
Most of this article could apply to for-profit boards as well. Some of the key points here (e.g., lack of clear responsibilities) come from immature governance, rather than any particular difference in org. type. It's easier to join
27.
by basseq 5y ago
100%. Lots of gray area here in "shouldn't", "illegal", "can't", etc. That's why, in my experience, I think TheWorkNumber has a pretty good and individual-centric approach. I have to explicitly
28.
by basseq 5y ago
Notwithstanding bad actors, the federal Fair Credit Reporting Act (FCRA) requires[1], among other things: 1. Only business entities with a specific, legitimate purpose can request / access a credit report. 2. Consent must be provided d
29.
by basseq 5y ago
I very much doubt it. The "Salary data is for sale" title is misleading; There's no way for me to go pay Equifax for access to u/shmatt's data. They might have some aggregate datasets for sale, removing PII. The s
30.
by basseq 5y ago
I've used this before as an employee. While it may also be a bulk dataset of employment information (which any HRS or payroll provider would have), the ostensible use of this solution is, to quote their homepage, "credentialed v

More ›