shmatt

7 ms·

1.
by shmatt 5mo ago
Except a sudden dilution usually tanks the stock by the exact % its diluting So GME dilutes by 20%, stock price immediately goes down by 20%. its not some infinite money hack
2.
by shmatt 5mo ago
The lenders get their money back via management fees. Pretty much only the consumers and the employees get screwed over
3.
by shmatt 5mo ago
Home owns are owned by people, not the home itself. If someone fails to pay a loan, their own credit score will be impacted For these PE loans, its the new company that takes on the debt, not the buyer. Essentially any broke person can &quo
4.
by shmatt 5mo ago
eBay is dying, new competitors are being created constantly, and the big ones like Poshmark are getting more North American buyers and sellers. eBay has barely grown since their post covid slump Maybe eBay survives as an international site
5.
by shmatt 5mo ago
Sam, Dario, and Sundar have the opportunity to create one of the funniest on call rotations in history
6.
by shmatt 5mo ago
You had interviews scheduled longer than 45 minutes?
7.
by shmatt 5mo ago
if you've ever been through a Meta loop (and their method is to cast an extremely wide net, so chances are you have), you've seen how inefficient their loop can be for long term success 6-7 38* minute interviews, while the intervi
8.
by shmatt 10mo ago
Labubus peaking and falling doesnt really say much about scarcity and trends. Labubu is made by a public company, who's stock skyrocketed, and essentially decided to go all in and mass produce to meet the popularity thats one option. B
9.
by shmatt 10mo ago
Also made in Japan
10.
by shmatt 11mo ago
This actually works well the other way around. When sales are still growing YoY (like the post covid market), but prices are up 30% or 40%, you understand your customer is still willing to pay the higher price Its similar to a McDonalds or
11.
by shmatt 11mo ago
a company with 800 million weekly active users, and only losing $10B-$15B before implementing ads - which IMO is coming fast and soon to the LLM world - i would never calculate a 90% chance their shares end up at $0 before an exit option Th
12.
by shmatt 11mo ago
This is literally the reason behind the collapse of Silicon Valley Bank. Debt keeps your cap table untouched, its very tempting at certain stages
13.
by shmatt 1y ago
Can you imagine Twitter/Reddit clients if the APIs were still free in the age of LLMs In a way this is probably the future state - 1000 different clients for 1000 different people, each fully customized to their taste
14.
by shmatt 1y ago
At least from what I noticed - Junie from Jetbrains was the first to use a very high quality to do list, and it quickly became my favorite I haven't used it since it became paid, but back then Junie was slow and thoughtful, while Curso
15.
by shmatt 1y ago
IIRC status pages drive customer compensation for downtime. Updating it is basically signing the check for their biggest customers, in most similar companies you need a very senior executive to approve the update On the other side of this,
16.
by shmatt 1y ago
We sort of are able to recognize Nobel-worthy breakthroughs One of the many definitions I have for AGI is being able to create the proofs for the 2030, 2050, 2100, etc Nobel Prizes, today A sillier one I like is that AGI would output a corr
17.
by shmatt 1y ago
If we're making comparisons, its more like someone selling a $10,000 course on how to be a millionaire Not directly from OpenAI - but people in the industry is advertising how these advanced models can replace employees, yet they keep
18.
by shmatt 1y ago
Im old enough to remember the mystery and hype before o*/o1/strawberry that was supposed to be essentially AGI. We had serious news outlets write about senior people at OpenAI quitting because o1 was SkyNet Now we're up to o4
19.
by shmatt 1y ago
Junie has been amazing for me, completely replaced my payments for Claude Code and Cursor. And it was free (until today). It's the least aggressive agent i've used, no complete re-writes or even close, And is able to achieve about
20.
by shmatt 1y ago
We publicly know about tools like Pegasus and competitors Predator, Hermit and I would confidently assume hundreds of other tools that dont publicly advertise themselves. (they all might be using the same handful of 0days for all we know) T
21.
by shmatt 1y ago
Regardless, I can imagine how rage inducing it is for the Apple CEO to use Siri, then immediately after use ChatGPT Advanced Voice mode. Its like what Siri should be, regardless if this much or that much people will use it. If Apple made a
22.
by shmatt 2y ago
yes, every 8200 founder i know already has the next product ready to launch in alpha the day after the time limit on their previous acquisition runs out
23.
by shmatt 2y ago
10 Billion Dollars / 50% more value for the employees stock is a big deal though. I know this might be unheard of but I think the CEO understood the value and wanted to end up with a deal that made even later hires a life changing sum
24.
by shmatt 2y ago
Maybe someone smarter than me can explain - how both Biden and Trump can hint or announce they wont enforce the law. Signed laws upheld by the Supreme Court can be filtered out by the President? News to me.
25.
by shmatt 2y ago
You'd probably have to define agents first. What large / mega caps call agents is LLM + RAG + API Calls to read data and trigger jobs. And there are plenty of those online
26.
by shmatt 2y ago
I dont know the reasoning behind this comment, but YC isn't a charity. The investment was made with the hopes of making 100x return without customers paying fees. Obviously there are other cashflows in play
27.
by shmatt 2y ago
This would explain only $10M in AUM within 3 months. Id guess just the commenters on this thread hold 10x that in etfs and funds If a big bank launched this it would have $1B in AUM within less than an hour
28.
by shmatt 2y ago
in the beginning i was agitated by Concise and would move it back manually. But then I actually tried it, I asked for SQL and it gave me back SQL and 1-2 sentences at most Regular mode gives SQL and entire paragraphs before and after it. No
29.
by shmatt 2y ago
they can try to justify it all they want, using these apis still breaks multiple federal laws i noted this in a previous thread with them, to which they replied if its your data you can access it which ever way you like. Which is like sayin
30.
by shmatt 2y ago
Time to start selling my "probabilistic syllable generators are not intelligence" t shirts

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