code4tee

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271.
by code4tee 8y ago
Investors generally balk at founders taking much salary if the company is not profitable. They need a place to live and eat but beyond that investors want their money helping the company, not funneling into a founder’s pocket. High cash com
272.
by code4tee 8y ago
You are thinking about tax issues not issues of fiduciary duty. The market value issue is to make sure you’re not illegally funneling money between entities without proper taxation. You generally couldn’t, for example, transfer significant
273.
by code4tee 8y ago
This is basically the textbook definition of conflict of interests. Given that WeWork is also a very unprofitable business it raises serious fiduciary duty questions regarding his role at WeWork (it would be a big issue even if they were pr
274.
by code4tee 8y ago
They’re a public company whose income over the last several quarters is consistently near or less than the negative inverse of their revenue. You don’t need an MBA to know that even by bubble standards that ain’t good. They would literally
275.
by code4tee 8y ago
I was trying to be polite and didn’t push it too much, but it was similar to descriptions coming out in the press. They want to run schools, housing and all aspects of your life but as a digital experience. The gist though was that these we
276.
by code4tee 8y ago
They seem to try to use this metric to claim healthy financials on individual locations (because they rent out desks in aggregate for more than the office lease costs) but it ignores where a large part of their costs are (central overhead)
277.
by code4tee 8y ago
It will be interesting how this all plays out. WeWork’s model wasn’t new (Regis has been doing real estate subdivision arbitrage for years) they just made that model cooler and added some free beer and a few other perks but it’s still the s
278.
by code4tee 8y ago
+1 for using old equipment for home labs. There’s lots of perfectly good hardware out there for cheap that may be beyond it’s useful life for top end production workloads but is still great for other projects or just tinkering.
279.
by code4tee 8y ago
Let’s encrypt is one of the best things to happen to the web recently. Great stats.
280.
by code4tee 8y ago
Basically, he’s too rich to know where he’s spending his money. A good problem to have, but clearly he recognized this was a big screwup and he fessed up. Not more one can ask for.
281.
by code4tee 8y ago
Because my phone number is not from where I actually live and most of these robocallers fake a number from your local exchange, seeing a number that looks like mine pop up basically tells me right away it’s a robocall since nobody calls me
282.
by code4tee 8y ago
Build serverless app to track web stats. Get it featured on Hacker News and use the flood of traffic to demo what was done. Very meta. Nice job.
283.
by code4tee 8y ago
People just want a nice place to work at a decent price. There is no brand loyalty in this space. If someone has a nice product next door people will move. Same as Uber vs Lyft. Nobody cares what logo is on the car.
284.
by code4tee 8y ago
At the end of the day WeWork is essentially a middle man. If the model catches on landlords can make WeWork irrelevant by just adapting and offering “WeWork” style coworking space thus it’s not clear what the end game of all this is. If it
285.
by code4tee 8y ago
McKinsey used to be much smaller and fairly selective with its client choices, but as the firm got bigger it would appear they’ve let their ethical standards slip a lot. There’s been a growing number of questionable activities over recent y
286.
by code4tee 8y ago
When the bit you chop off is basically a vault full of cash then yes you can easily value what’s left as negitive if the whole company is worth less than the cash in the vault.
287.
by code4tee 8y ago
When Yahoo was Yahoo the “Yahoo” bit (everything that wasn’t the Alibaba shares) was valued as negative dollars for a bit given that the market cap of YHOO was less than the value of the Alibaba shares. So if now it’s “virtually worthless”
288.
by code4tee 8y ago
“We’re not doing anything not disclosed in our terms of service.” is rapidly becoming a no longer acceptable answer to consumers. Don’t tell me a weather app needs to know my location all the time to give me the best weather info then sell
289.
by code4tee 8y ago
That’s quite a lot of gasoline being thrown on the whole train wreck that is the Starwood integration.
290.
by code4tee 8y ago
The high end of the NYC real estate market was always just effectively made up big numbers. $15 million home, $25 million home. It’s hard to objectively assign real values to such places. Frankly though if you can’t afford to blow a few mil
291.
by code4tee 8y ago
AWS is spot on here. Stop using blockchain as a database if you just want the cryptographic verification and immutability of assets et al. That’s lieterally all 95% of corporate use cases for blockchain wanted all along. Stop the hype and i
292.
by code4tee 8y ago
It’s version 1.0 but this starts to make Splunk and similar utilities look less and less important or differentiating in the future of cloud. AWS understands most people using tools like Splunk probably only need a few simple features so AW
293.
by code4tee 8y ago
Some do get by on very little sleep and claim to be able to functionally do so. However, there is a growing body of evidence to indicate that this has serious long term health effects and may contribute to dimentia later in life.
294.
by code4tee 8y ago
This is a useful and much needed update. Know lots of stories where people got caught off guard by ACLs setting things public that they thought were private. Usual scenario is that the bucket is set as “private” and you think it’s private b
295.
by code4tee 8y ago
These numbers are very misleading considering they wrap up things like Office into “cloud revenue.” When talking about compute cloud they are still way behind Amazon although you don’t get that from the misleading headline.
296.
by code4tee 8y ago
Expecting a company to self-regulate itself to stop a certain sub-population of potential customers from buying its services is, not surprisingly, ineffective.
297.
by code4tee 8y ago
Doesn’t GDPR have a lot to say about the use of algorithms for decision making? This sort of thing of letting an ‘AI’ decide on its own what kind of airport experience you’re going to have seems to fly into the face of that.
298.
by code4tee 8y ago
There’s a difference between “building things with ML/AI” and “building ML” just like you don’t need to know how to design microprocessors to buy and use a computer. These articles always fail to report on the difference between the tw
299.
by code4tee 8y ago
For me the key is transparency of collection and use (which some will quickly point out is very GDPR-like). I’m OK to anonymously share my car’s position and speed of in return I get live traffic data from others doing the same. I’m less co
300.
by code4tee 8y ago
It’s really starting to smell like Bloomberg got played hard here. To preserve their journalistic integrity they either need to produce some supporting evidence real fast or admit they screwed up and retract the story.

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