mikeschmatz

6 ms·

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Ask HN: What are the downsides of taking a VC round with high valuation?
1 points by mikeschmatz 4y ago|1 comments
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by mikeschmatz 5y ago
It already exists -> The stock market.
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by mikeschmatz 6y ago
It was my conclusion as well. I only found async useful in situations when a service has to deal with a large number of incoming requests, e.g. web server
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by mikeschmatz 6y ago
I say you dodged a bullet. Imagine working under this person.
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by mikeschmatz 6y ago
> Anyway, this is much longer than I meant, but my conclusion is that I'll continue to use async/await for web apps and REST APIs (because, why not), but for services, I'm going back to the threadpool, green threads and sy
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by mikeschmatz 6y ago
Rust is a complete pain for the types of problems Python is used for. Same for Go/Java.
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by mikeschmatz 6y ago
Borland C++ and Turbo Vision were a killer combo back in the DOS times. Borland's decline over the years was painful to watch. I guess that what happens to the engineering driven companies that get overtaken by the MBA types.
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by mikeschmatz 6y ago
You purposely set them very low, then "beat" them and watch stock price go to the moon.
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by mikeschmatz 6y ago
> Because Amazon is comparatively low-margin vs. other tech companies, improved revenue has a much greater effect on earnings. Are you saying that 10% revenue increase has led to 10x earnings beat? That doesn't make any sense.
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by mikeschmatz 6y ago
Or, they are simply gaming H1B and/or employer-sponsored Green Card application process that requires submitting a proof that they couldn't find a US citizen.
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by mikeschmatz 6y ago
C# with .Net Core seems to fit the bill.
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by mikeschmatz 7y ago
The right term is "entreporn" which what this article really is. > There’s no actual skill called business. Avoid business schools and magazines. Proceeds giving a bunch of generic business and life lessons.
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by mikeschmatz 7y ago
> What do you think society would look like in 20 years? My guess is what would happen is we would build robots, machines, software and hardware to do everything. We would all be living in massive abundance. > We would essentially be
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by mikeschmatz 8y ago
> I tried reasoning with them, that I just wanted to view content and did not attend to write answers or interact etc, plus, they had a valid email address and facebook profile (also fake name on facebook). They fought back "we actu
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by mikeschmatz 8y ago
Shall we legalize slavery then? Just imagine how many business models would become viable if labor was free
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by mikeschmatz 8y ago
Poor design has nothing to do with generics. If anything they make API cleaner and safer to work with.
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by mikeschmatz 8y ago
How old were you at that time? Did you have to leave any dependents behind? I did the same thing in my 20's, now, with family and kids, a large change like that would be much harder to pull off.
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by mikeschmatz 8y ago
They have achieved their early goals and found out that they were fakes implanted by the society. Now they are left in a vacuum surrounded by a bunch of responsibilities.
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by mikeschmatz 8y ago
Just to add some color BREAKING: Author and journalist Maria Konnikova becomes PokerStars Ambassador https://www.pokerstars.com/en/blog/2018/author-journalist-ma... > Maria Konnikova was just your ordinary
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by mikeschmatz 8y ago
> To conclude, this is just a disguised marketing article for a gambling site, featuring a PR officer of the site. (english translation for "sponsored poker pro") I was curious about your conclusion since the article doesn&#x27
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by mikeschmatz 8y ago
> 6. The creators of RichCoin, who long ago converted their 1000 Bitcoins to $5,000,000 USD, move to a private island and never work again. Is it that easy to turn BTC to cash? I heard most exchanges have no way to withdraw real dollars.
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by mikeschmatz 8y ago
> I think the reason this one in particular is doing so well What makes you think it is doing so well?
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by mikeschmatz 9y ago
> It doesn't really make any sense. Whether it makes sense to you or not market price manipulation absolutely does work as shown by hundreds of lawsuits filed by SEC every year. >The order book has a lot of orders in it. This app
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by mikeschmatz 9y ago
> A pyramid scheme requires a central actor to run the scheme, Bitcoin has none. No, once put in motion, a pyramid scheme doesn't require a central actor. > We don't need to make this general comment on every specific Bitcoi
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by mikeschmatz 9y ago
Bitcoin is just a dressed up pyramid scheme to enrich ones at the top. The lack of oversight and regulation is pretty much a welcome sign for every scammer in the world.
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by mikeschmatz 9y ago
Not sure if there are billions of dollars involved. For all we know, it could be just speculators trading crypto between each other. I could not find any stats on the amount of fiat flowing in and out of these "exchanges", which,
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by mikeschmatz 9y ago
If nothing else blockchain creates tons of entertainment value. Something completely crazy seems to go down every day. It is like a reality show on a criminal channel
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by mikeschmatz 9y ago
Probably started by this http://hackingdistributed.com/2017/07/29/bitcoin-impending-a... Published by another guy worth reading > As one trader puts it Short 1 btc. Buy 1 btc. Get 1 bcc free :).
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by mikeschmatz 9y ago
Yep, they screwed up big time. Since BCC doesn't have enough hash power to mine blocks trading/withdrawal would not work anyway.
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by mikeschmatz 9y ago
Yes, if you find a willing buyer to hand you over the cash :-) Until then, both of these dollar figures are pure fantasy. Related question, is there a way to see inflow/outflow of dollars or any other real-world currency from/to t

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