fairity

6 ms·

1.
by fairity 3mo ago
Here's the talk that went along with this deck (for those who would prefer not immediately jumping to ridicule): https://www.youtube.com/watch?v=DtM0Cjb0dEU
2.
by fairity 6mo ago
So, if I’m following: Banks are lending to private equity firms to fund purchases of businesses. Many of these businesses are SaaS which means their valuations are tumbling. It seems possible that valuations tumble so much that the private
3.
by fairity 7mo ago
The author keeps saying, over and over, that the reason this is a good bet is because "the downside is capped and the upside is asymmetric" as if that's some ground-breaking realization. Sorry, but obviously the downside is
4.
by fairity 8mo ago
Why are people saying this seems like a bad deal? If they really only raised $1.7b, per Crunchbase, then this seems to me like a very good outcome for everyone involved except its late stage investors. And, even for the late stage investor
5.
by fairity 8mo ago
Words are cheap. I really wish there was a way to incentivize authors like this to put their money where their mouth is, before seeking attention for their ideas.
6.
by fairity 9mo ago
Surprised to see this upvoted because the takeaway is completely incorrect, and based on the anecdotal evidence of one advertiser. As someone who spends seven figures every month on Google ads, what’s much more likely to be happening here i
7.
Bending Spoons Acquires EventBrite(inc.com)
7 points by fairity 10mo ago|2 comments
8.
by fairity 11mo ago
As this incident unfolds, what’s the best way to estimate how many additional hours it’s likely to last? My intuition is that the expected remaining duration increases the longer the outage persists, but that would ultimately depend on the
9.
by fairity 1y ago
As is the case with most complex problems like this, the correct answer is: it depends. In this case, it depends on what the crux of your business is. Sometimes the crux is building world-class technology. Sometimes the crux is customer a
10.
by fairity 1y ago
Years ago, I was lying in the grass, having a conversation with a fellow founder, when he noted how, on most days, he would forget to eat lunch because he was so engrossed with his work. I thought to myself, That's ridiculous. Every
11.
by fairity 2y ago
> Why pretend to be smart and play it safe? True understanding is rare and hard-won, so why claim it before you are sure of it? Isn't it more advantageous to embrace your stupidity/ignorance and be underestimated? I wish this w
12.
by fairity 2y ago
For anyone who, like me, isn't aware of the "totally predictable explanation", here's more background: https://news.ycombinator.com/item?id=42978340 Tldr; The reason it dropped off the first page was lik
13.
by fairity 2y ago
I'm actually completely fine with internal manual manipulation, bc I trust the HN crew. I'm concerned that what we're observing is a result of external manipulation at the behest of self-interested parties. Here's eviden
14.
by fairity 2y ago
> Hot take but 99% of all profitable businesses have no moat, and there’s absolutely nothing wrong with that. You can still make lots of $$$. Can you make $157b without a moat? Or, anything close to that? That's the more relevant qu
15.
by fairity 2y ago
The counter argument is that they won't be able to sustain those gross margins when the market matures because they don't have an effective moat. In this world, R&D costs and gross margin/revenue are inextricably correlat
16.
by fairity 2y ago
It's early innings, and supporting the open source community could be viewed by the CCP as an effective way to undermine the US's lead in AI. In a way, their strategy could be: 1) Let the US invest $1 trillion in R&D 2) Suppor
17.
by fairity 2y ago
I think it's worth double clicking here. Why did Google have significantly better search results for a long time? 1) There was a data flywheel effect, wherein Google was able to improve search results by analyzing the vast amount of
18.
by fairity 2y ago
DeepSeek just further reinforces the idea that there is a first-move disadvantage in developing AI models. When someone can replicate your model for 5% of the cost in 2 years, I can only see 2 rational decisions: 1) Start focusing on cost
19.
by fairity 2y ago
Why would it matter? OP is experiencing an undesirable outcome, and assigning blame for the problem seems besides the point when the main goal is to change the outcome.
20.
by fairity 2y ago
There seems to already be significant competition in the low cost ETF space. For example, Schwab’s broad based s&p ETF (SCHB) has $34b AUM. The fact that there exists a competitive market suggests that there’s a good reason expense rat
21.
by fairity 2y ago
> How do you prevent kids using social media without 100% surveillance or not allowing internet access at all? Do the parental controls on mobile phones not work? I'm not a parent, so I don't know, but it seem unbelievable to
22.
by fairity 2y ago
Thanks for the information! So, if the subsidies are in the form of tax rebates and subsidized loans, is it safe to say, the full economic benefit of these subsidies as a percentage of vehicle sales revenue is single digits? If so, it see
23.
by fairity 2y ago
How significant are the production subsidies? Are they a meaningful percentage of sales revenue?
24.
by fairity 2y ago
Quite interesting that this comment is downvoted when the content is factually correct and pertinent. It's a very relevant fact that Greg Brockman recently left on his own volition. Greg was aligned with Sam during the coup. So, the f
25.
by fairity 2y ago
Everyone postulating that this was Sam’s bidding is forgetting that Greg also left this year, clearly on his own volition. That makes it much more probable that these execs have simply lost faith in OpenAI.
26.
by fairity 2y ago
You’re already getting a lot of solid advice so I’ll keep mine short. Video games are not inherently bad. They become a problem only when they’re getting in the way of your other life goals. So, the best place to start is by asking your so
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by fairity 2y ago
Most of the conversation in this thread consists of people talking past each other bc they aren't aligned on the definition of the word: fired. Yes, there's a way to define the word "fired" such that PG did fire Sam. Bu
28.
by fairity 2y ago
> "Got fired" may be a tad ambiguous, but being told "stop working on that other thing or leave" is not too far off. It's very different. When employees begin working at my company, they're told a list of th
29.
by fairity 2y ago
Which of these events have a >1% chance of happening in the next thousand years? If our rate of innovation continues, maybe we don’t have much to worry about on this front.
30.
by fairity 2y ago
I don’t get articles like this. It’s arguably a better financial decision to NOT buy a home, and park your downpayment in a broad based index fund. I get that there are arguments for or against, but there doesn’t seem to be a clear financ

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