EXACTLY.
Complete straw man? Which YC companies are listed on the NASDAQ? Exploit might be the appropriate word, but most of the SV VCs come from tech backgrounds these days, not finance. Why? All of YC's companies are worth $30…
1. I would agree but this doesn't reflect the reality and underlying political reasons for regulation and enforcement. I would imagine the large fine (lol jk, a $7mm fine is a joke) was to send a message that…
This is going to be wildly unpopular but 7.6 billion would be a number worth mentioning. (Although I also feel VW should be banned from the US, no negotiations.) What kind of message do you send by only fining them a…
What would be the infrastructure this time? Instacart drivers at the ready...? The whole ecosystem that's been pushed seems to be being pushed precisely because there's no infrastructure involved, leading to the…
I like how he tries to quote a "Nobel prize winning economist" as an appeal to authority, but then (without naming him) insults Picketty's work, which will probably win a Nobel. PG is a smart guy but he really should…
If getting $150k before doing pretty much anything else was standard, it would be significantly easier to create sub-billion dollar companies. I've looked at multiple companies that wouldn't have needed further funding…
Fair points, but I didn't say it was because of their cash dealings. I was suggesting it more because of how the cartels operate. Also, claims that local gangs would be able to compete against cartel-aligned gangs…
Ah, you hit it on the head. My neighborhood is full of these types, and that's the catch - you can keep your family together, but, just like happened to me standing at the ATM yesterday, the kids ride by on their…
I know most people here mean marijuana legalization when they say drug legalization, but there is absolutely no way meth, cocaine, or heroine will be legalized within the next 15-20 years, which is fairly long-term from…
This is a very simplistic view of the cartels, and a very US-centric view as well. This doesn't really factor in the local / native view of these groups, which see them much more as semi-heroic for standing up to the…
I hear you, I really do, but plenty of guys in finance and trading work these hours and are expected to maintain regular families.
Agreed. I simply can't imagine what would happen if our federal fiscal policy was left up to the 50 states individually. Jesus that would be bad. Texas, my personal and favorite example, would go from an economic…
Patents are a bit more nuanced than "touch screen on a phone."
Of course, the headline is misleading, as per usual... From the article: "By 2008, foreign currencies such as the U.S. dollar and the South African rand had become de facto currencies thanks to a booming black market.…
I couldn't disagree with you more. If you don't know HOW to build a multi-billion dollar product without stealing prior work that isn't yours, WHY should you be able to sledgehammer your way into lots of money by…
>If a startup does not have money to pay employees then founders should raise more. > then think this way: how that startup is going to attract talent from established companies (whose expertise are needed if that…
And how many heroes does the world revere for rising up and doing something about similar situations, even if it was in the past? There are a lot of people dealt very shitty cards. What this is trying to say is that,…
Can you link to something elaborating on this? This seems pretty odd to me.
No, you haven't really shown me how it's predatory, although I do know that does happen (as it does in all large lending markets). I'm not sure what your point is about the largest debt collector having contracts with…
Primary thought: I think this is really great news. Mine tailings are really nasty, so hopefully this type of thing could also work on other legacy industrial projects or future contamination. Secondary thought: This is…
I actually personally agree with you, I was just trying to note the inconsistencies in that argument.
More intellectual laziness in this thread. To start, what definition of bubble are you using? Where no plausible scenario can justify forward valuations? Where there is evidence people are doing transactions for the…
For the same reason the government hires construction firms to build roads, for the same reason the government hires contractors to build bases, the same reason the Federal Reserve uses primary banks as intermediaries,…
This really resonates with me. Without ranting, I kind of think a lot of wannabe's have been sold a dream and a formula, and when it doesn't work, they blame the dream (it's always been 1 in 1,000,000 odds!), or the…
EXACTLY.
Complete straw man? Which YC companies are listed on the NASDAQ? Exploit might be the appropriate word, but most of the SV VCs come from tech backgrounds these days, not finance. Why? All of YC's companies are worth $30…
1. I would agree but this doesn't reflect the reality and underlying political reasons for regulation and enforcement. I would imagine the large fine (lol jk, a $7mm fine is a joke) was to send a message that…
This is going to be wildly unpopular but 7.6 billion would be a number worth mentioning. (Although I also feel VW should be banned from the US, no negotiations.) What kind of message do you send by only fining them a…
What would be the infrastructure this time? Instacart drivers at the ready...? The whole ecosystem that's been pushed seems to be being pushed precisely because there's no infrastructure involved, leading to the…
I like how he tries to quote a "Nobel prize winning economist" as an appeal to authority, but then (without naming him) insults Picketty's work, which will probably win a Nobel. PG is a smart guy but he really should…
If getting $150k before doing pretty much anything else was standard, it would be significantly easier to create sub-billion dollar companies. I've looked at multiple companies that wouldn't have needed further funding…
Fair points, but I didn't say it was because of their cash dealings. I was suggesting it more because of how the cartels operate. Also, claims that local gangs would be able to compete against cartel-aligned gangs…
Ah, you hit it on the head. My neighborhood is full of these types, and that's the catch - you can keep your family together, but, just like happened to me standing at the ATM yesterday, the kids ride by on their…
I know most people here mean marijuana legalization when they say drug legalization, but there is absolutely no way meth, cocaine, or heroine will be legalized within the next 15-20 years, which is fairly long-term from…
This is a very simplistic view of the cartels, and a very US-centric view as well. This doesn't really factor in the local / native view of these groups, which see them much more as semi-heroic for standing up to the…
I hear you, I really do, but plenty of guys in finance and trading work these hours and are expected to maintain regular families.
Agreed. I simply can't imagine what would happen if our federal fiscal policy was left up to the 50 states individually. Jesus that would be bad. Texas, my personal and favorite example, would go from an economic…
Patents are a bit more nuanced than "touch screen on a phone."
Of course, the headline is misleading, as per usual... From the article: "By 2008, foreign currencies such as the U.S. dollar and the South African rand had become de facto currencies thanks to a booming black market.…
I couldn't disagree with you more. If you don't know HOW to build a multi-billion dollar product without stealing prior work that isn't yours, WHY should you be able to sledgehammer your way into lots of money by…
>If a startup does not have money to pay employees then founders should raise more. > then think this way: how that startup is going to attract talent from established companies (whose expertise are needed if that…
And how many heroes does the world revere for rising up and doing something about similar situations, even if it was in the past? There are a lot of people dealt very shitty cards. What this is trying to say is that,…
Can you link to something elaborating on this? This seems pretty odd to me.
No, you haven't really shown me how it's predatory, although I do know that does happen (as it does in all large lending markets). I'm not sure what your point is about the largest debt collector having contracts with…
Primary thought: I think this is really great news. Mine tailings are really nasty, so hopefully this type of thing could also work on other legacy industrial projects or future contamination. Secondary thought: This is…
I actually personally agree with you, I was just trying to note the inconsistencies in that argument.
More intellectual laziness in this thread. To start, what definition of bubble are you using? Where no plausible scenario can justify forward valuations? Where there is evidence people are doing transactions for the…
For the same reason the government hires construction firms to build roads, for the same reason the government hires contractors to build bases, the same reason the Federal Reserve uses primary banks as intermediaries,…
This really resonates with me. Without ranting, I kind of think a lot of wannabe's have been sold a dream and a formula, and when it doesn't work, they blame the dream (it's always been 1 in 1,000,000 odds!), or the…