What are the most upvoted users of Hacker News commenting on? Powered by the /leaders top 50 and updated every thirty minutes. Made by @jamespotterdev.
That you can process many operations with a single instruction.
Nah, you'll get a few days worth of inference.
Fortunately, I was afraid that this was another bubble. /s
I wonder what the bet is here, long term that valuation is going to have to go up even further for this investment to make sense so they're clearly betting that at IPO time they'll be able to convincingly demonstrate AGI or something extremely close to it. That's a pretty risky bet, and meanwhile, whatever they come up with will be a commodity within a year. And that's besides OpenAI no longer being seen as the dominant player or the player with the best edge.
Here in NL you can't and there is this massive push to get a smartphone and a banking app. Hardware attestation coming to a device near you soon.
Note that even that "money in the bank" of traditional venture firm is not really money in the bank. VC, PE, and hedge fund managers usually don't have all the cash for the fund sitting in the bank at all times. Rather, their agreement with the LPs that fund the fund is structured as a series of capital calls: it gives the fund the right to demand that their LPs deposit cash in their bank accounts within 10-30 days, which can then be used to fund the investments that the VC firm makes. The capital calls are backed by legal documents enforceable in court, with pretty stiff penalties for failing to meet a capital call.
Such a funding structure here isn't all that different: the funding agreement gives OpenAI the right to call on their backers to make certain cash deposits, contingent upon milestones being met. Deep down inside, "money in the bank" doesn't actually exist, it's just mutual agreements backed by force of law.
I think I calculated the half-life of my code written at my first stint of Google (15 years ago) as 1 year. Within 1 year, half of the code I'd written was deprecated, deleted, or replaced, and it continued to decay exponentially like that throughout my 6-year tenure there.
Interestingly, I still have some code in the codebase, which I guess makes sense because I submitted about 680K LOC (note: not all hand-authored, there was a lot of output from automated tools in that) and 2^15 is 32768, so I'd expect to have about 20 lines left, which is actually surprisingly close to accurate (I didn't precisely count, but a quick glance at what I recognized suggested about 200 non-deprecated lines remain in prod). It is not at all the code that I thought would still be there 15 years later, or that I was most proud of. The most durable change appears to be renaming some attributes in a custom templating language that is now deeply embedded in the Search stack, as well as some C++ code that handles how various search options are selected and persisted between queries.
I think this both proves and disproves the original point. Most of your code is temporary. You have no idea which parts of your code is temporary. It's probably not the parts that you wish were temporary, which will almost certainly be made permanent.
> Oh yeah, we can't do this to Russia because they have nukes
Why would the US want to bomb an ally?
No, there is no alternative. Everything eventually dies, so you better make peace with it. The only people who believe that they won't die are religious people who believe in an afterlife (which is a preposterous position) and the people who have their heads or whole bodies frozen because they think they are so special that the future will honor their contracts and revive them.
Both of these are bound to lead to the exact same outcome so it doesn't really matter what you believe but it may guide you to wiser decision while you are alive to accept reality absent proof to the contrary.
I like how you went from a probabilistic assertion in the first sentence to a categorical one in the last. Perhaps you grew up in a fallacious environment.
> that's the sentiment anyone who has been around in the community long enough and dealt with Andre has about him.
Not an accurate characterization.
There are some people who do feel this way. But it's not everyone, by a long shot.
You are right that this ten year long interpersonal beef is ultimately at the root of all of this.
>No one has ever made a purchasing decision based on how good your code is.
That's however what makes for stable systems, deep knowledgable engineers, and structurally building the basis for the future.
If all you care about is getting money for your product slop, it's not different than late night marketed crap, or fast fashion...
This is really cool. I've built things on PostgreSQL ts_vector() FTS in the past which works well but doesn't have whole-index ranking algorithms so can't do BM25.
It's a bit surprising to me that this doesn't appear to have a mechanism to say "filter for just documents matching terms X and Y, then sort by BM25 relevance" - it looks like this extension currently handles just the BM25 ranking but not the FTS filtering. Are you planning to address that in the future?
I found this example in the README quite confusing:
SELECT * FROM documents
WHERE content <@> to_bm25query('search terms', 'docs_idx') < -5.0
ORDER BY content <@> 'search terms'
LIMIT 10;
That -5.0 is a magic number which, based on my understanding of BM25, is difficult to predict in advance since the threshold you would want to pick varies for different datasets.
Cool stuff like distributed transactions, the database as OS with raw disks, the database as application platform with APEX.
Then again, I guess I am one of those folks that enjoys cool toys, that only big corporations pay for.
> remember that its the regular people, the working class of Iran that is actually suffering further because of hostilities initiated by US/Israel
This is true of any war. That’s damning for the party that starts a war of choice. But it’s no vindication for the regime that’s built itself up as a regional pest, including sponsor of actual terrorism against ordinary people, for years.
Nominally, Common Law, the system of law that to a first approximation is used in countries descended from the UK, has a lot of protections of that sort. You can't put "unconscionable" terms in a contract, e.g., it is simply illegal to sell yourself into total slavery in common-law derived systems. All signatories to a contract must consent, must not be under duress, the contract can not be one-sided (this doesn't mean "the contract is 'fair' from a 3rd-party point of view" but "the contract can't result in only one side giving things but the other doesn't"), and a variety of other common sense rules.
In practice, availing yourself of any of these protections is a massively uphill battle. Judges tend to presume that these common law matters are already embedded into the de facto legal system because the people writing the laws already operated under those assumptions while framing the law. Personally, I disagree and think a lot of these protections have eroded away into either nothing, or so little that it might as well be nothing, but you have a 0% chance of drawing me as a judge in your case so that won't help you much if you try.
What does non-undercover do? Where does CC leave metadata mainly? I haven't noticed anything.
"This isn’t just correlation. It’s a complete structural reorganisation of the representation space."
And yet somehow the shittiest buggiest software ends up being the most popular.
Look through the list of top apps in mobile app stores, most used desktop apps, websites, SaaS, and all other popular/profitable software in general and tell me where you see users rewarding quality over features and speed of execution.
Isn't Elevenlabs the best in this?
It's interesting, solar panels were in this category in the 1980s and self-driving cars were in the 2010s, and both have had the gap between theory and practice significantly narrowed since.
Meanwhile, the complexity of the average piece of software is drastically increasing. ... The stats suggest that devs are shipping more code with coding agents. The consequences may already be visible: analysis of vendor status pages [3] shows outages have steadily increased since 2022, suggesting software is becoming more brittle.
We've already seen a large-scale AWS outage because of this. It could get much worse. In a few years, we could have major infrastructure outages that the AI can't fix, and no human left understands the code.
AI coders, as currently implemented, don't have a design-level representation of what they're doing other than the prompt history and the code itself. That inherently leads to complexity growth. This isn't fundamental to AI. It's just a property of the way AI-driven coding is done now.
Is anybody working on useful design representations as intermediate forms used in AI-driven coding projects?
"The mending apparatus is itself in need of mending" - "The Machine Stops", by E.M. Forster, 1909.
It's just Claude bragging about being the first AI whistleblower.
The chance of a defect fix introducing a new defect tends to grow linearly with the size of the codebase, since defects are usually caused by the interaction between code and there's now more code to interact with.
If you plot this out, you'll notice that it eventually reaches > 100% and the total number of defects will eventually grow exponentially, as each bugfix eventually introduces more bugs than it fixes. Which is what I've actually observed in 25 years in the software industry. The speed at which new bugs are introduced faster than bugfixes varies by organization and the skill of your software architects - good engineers know how to keep coupling down and limit the space of existing code that a new fix could possibly break. I've seen some startups where they reach this asymptote before bringing the product to market though (needless to say, they failed), and it's pretty common for computer games to become steaming piles of shit close to launch, and I've even seen some Google systems killed and rewritten because it became impossible to make forward progress on them. I call this technical bankruptcy, the end result of technical debt.
Just because you pay people doesn't mean they do their job correctly.
It just gives you the option of not paying them if they don't do their job correctly.
Diono and Clek, for those who are curious.
It's coming to mainstream seats though. Graco has had the Slimfit3 LX out for a couple years now; we had 6 (3-across in a Toyota Corolla and Honda Fit) and they worked great except for the kids not really liking them. Britax has the Poplar and One4Life Slim; Chicco apparently added the Fit3x when I wasn't looking.
It's great that this is Apache 2.0 licensed - several of Cohere's other models are licensed free for non-commercial use only.
Are you arguing that citizens cannot do this work while being paid living wages in union jobs? Because I don't believe underpaying undocumented workers is a requirement to achieve a sustainable affordable housing pipeline.
Fix permitting [1] and homebuilder monopolies [2] while rebuilding a domestic talent pipeline for the trades [3], because young Americans need jobs they can build a life on [4].
[1] https://www.governance.fyi/p/a-housing-playbook-outline-for-...
[2] https://www.thebignewsletter.com/p/its-the-land-stupid-how-t...
[3] https://www.blackrock.com/corporate/newsroom/press-releases/...
[4] https://econofact.org/factbrief/fact-check-is-unemployment-f...
Cargo, passengers?
Versus combat operations.
We use Java.
We have Oracle blocked at the router (!) to prevent anyone downloading the Oracle JDK and incurring the wrath of Oracle licensing.
> The only developers I know who write Java full time work in systems that take pictures of things from far away.
We all have different circles. I work for a bank and the bulk of the LOB code here is Java (or something that runs under a JVM). There are no Oracle databases as far as I know, but my visibility is limited.
Also, Oracle Applications for things like HR.
It's a trash source. No one has confirmed 30k job cuts. They just made it up.
My Amazon layoff notice came at 5am. Same deal. I thought it was fake because it came to my personal email. Then I logged into my work computer and found that all my email had been erased except for a copy of the layoff notice and an invite to a 10am Zoom with HR. The funny part was the invite had everyone who had been laid off in the To: line.
I was able to send internal only emails until 1pm, and then it logged me off and the computer was a brick.
My employer is actively hiring java engineers and we don't "take pictures of things from far away".
There are vibrant java user's groups all around the world. There are many java community conferences. The most recent redmonk language rankings[0] show java at #3.
The world is big :) .
0: https://redmonk.com/sogrady/2025/06/18/language-rankings-1-2...
Mandated perpetual employment is bad for workers because the company will be extremely reluctant to hire and take on such an open-ended liability.
> Why would go $58B in debt to support a new feature that no one will want after alienating everyone above?
Short term shareholder equity gains during an over exuberant hype cycle you do not know when might repeat.
"As long as the music is playing, you've got to get up and dance." -- Citigroup CEO Chuck Prince (symbolizing Wall Street's reckless persistence in risky lending despite signs of a market downturn)
The Overvaluation Trap - https://hbr.org/2015/12/the-overvaluation-trap - December 2015
> The trap is an almost inevitable consequence of what many managers might regard as a blessing, because it occurs when the capital markets overvalue a company’s equity—and especially when stock overvaluation is common in a particular sector. In the following pages, we’ll describe the trap, show how it has played out in various industries, and suggest where it may be playing out once again.
"If you're playing a poker game and you look around the table and and can't tell who the sucker is, it's you." -- Paul Newman
Edit: tsunamifury wrote a prescient comment a decade ago, referencing the same hrb piece: https://news.ycombinator.com/item?id=10851527
The hardware-based routers have low latency. Fortigate advertises under 5 usec forwarding latency for its routers. Linux kernel forwarding is on the order of 10s of usec. However, under 100 usec of latency is negligible over a WAN link, where you're talking ~5 msec latency even on a fast fiber link. The downside of hardware routing is the lack of flexibility and some performance cliffs. On the consumer grade hardware routers in particular, connection setup is handled by a low-power ARM CPU. You have limits on the number of flows you can accelerate in hardware at a time, etc.
I've got a 10G fiber connection, and I swapped out a Fortigate 100F for a server running VyOS. I had performance problems, because the 10G to 1G transition caused dropped packets at the switch. I was able to solve it by shaping the traffic to the 1G devices to handle queuing in the router, which is something this particular Fortigate can't do. (High end routers have algorithms like WRED designed to get TCP to behave nicely on 10G to 1G drops, but I don't want the noise of a Cisco in my basement.)
This is why I read HN's comments.
I get MANY recommendations for books/movies/shows/topics I knew nothing about etc. here.
Just ordered this book for my 10-year-old grandson.
Its relevant in a dual language country.
A lot of people abandon tech for less stressful careers. Things like air traffic control and firefighting, or deep sea diving for the oil industry.
My favourite companion to Java, when on the JVM, especially because the host language community culture.
If you want a Lisp Machines like experience with Clojure, support the Cursive folks.
> I had over 20 managers across my 18 years at Amazon. They were mostly good managers, and some of them were great. But not one of them ever came to me unprompted and said, “Let’s talk about your career growth.”
Maybe not at Amazon, but surely at almost every big corporation I worked on, there were even milestones, and career matrixes.
To be clear, this doesn't seem like it invalidates anything in the original experiment.
The "rule-breaking" isn't referring to anything the researchers were doing.
It's referring to what the participants were doing. It points out that the compliant subjects who delivered the shocks weren't always following the procedure they were given perfectly. Which is, of course, expected, since people in general don't follow instructions 100% perfectly all the time, and especially not the first time they do something.
> Kaposi and Sumeghy interpret these patterns as a complete breakdown of the supposedly legitimate scientific environment. The subjects were not committing violence for the sake of an orderly memory study. With the scientific elements either forgotten or rushed, the laboratory changed into a setting for unauthorized and senseless violence.
This feels like a huge stretch. Forgetting a step at one point or reading something out loud too early isn't a "complete breakdown of the supposedly legitimate scientific environment" -- a "scientific environment" that is completely fictional to begin with.
If doing it lowers the cost of earth movers and gets 20 other groups to each dig their own ditch, that's actually money well spent.
Anthropic went about this in a really dishonest way. They had increased demand, fine, but their response was to ban third-party clients (clients they were fine with before), and to semi-quietly reduce limits while keeping the price the same.
Unilaterally changing the deal to give customers less for the same price should not be legal, but companies have slowly boiled the frog in such a way that now we just go "welp, it's corporations, what can you do", and forget that we actually used to have some semblance of justice in the olden days.
You can’t compare those numbers because the population in 1993 and today comprises different groups who are materially different in terms of fertility rate. Last year, the fertility rate for women with German citizenship was 1.23.
The other major change is that in 1990, you had a reunification of east and west germany. Fertility rates in East Germany were low before reunification and collapsed right after reunification. But they recovered from the early 1990s to the late 2000s. So the 1993 aggregate average is artificially low. In neighboring France, the fertility rate in 1993 was 1.7.
People that have been treated well are more likely to treat other people well.
If we remove this cycle of decency, what is the natural rate of humans that will hurt others?
The premise is flawed, humans learn from their environment and there's really no way to put a human in a coffin until they're 20 and see what they do then.
I think this is a fundamental LLM issue. I recall a paper a ways back about trying to get the LLMs to be too succinct, and the problem is, with the way they are implemented, the only way they can "think" is to emit a token. IIRC it demonstrated that even when the model is just babbling something like "Yeah, let's take a look at the issue you just raised" that under the hood, even though that output was superficially useless, it was also changing its state in ways related to solving the problem and not just outputting that superficially useless text.
It helps to understand that, because then you can also not be annoyed by things like "Let's do X. No, wait, X has this problem, let's do Y instead." You might think to yourself, if X was a bad idea, couldn't it have considered X and rejected it without outputting a token?" and the answer is, that sentence was it considering X and rejecting it, and no, there is no way for it to do that and not emit tokens. Thinking is inextricably tied to output for LLMs.
There is even some fairly substantial evidence from a couple of different angles that the thinking output is only somewhat loosely correlated to what the model is "actually" doing.
Token efficiency is an interesting question to ponder and it is something to worry about that the providers have incentives to be flabby with their tokens when you're paying per token, but the question is certainly not as easy as just trying to get the models to be "more succinct" in general.
I often discuss a "next gen" AI architecture after LLMs and I anticipate one of the differences it will have is the ability to think without also having to output anything. LLMs are really nifty but they store too much of their "state" in their own output. As a human being, while I find like many other people that if I'm doing deep thinking on a topic it helps to write stuff down, it certainly isn't necessary for me to continuously output things in order to think about things, and if anything I'm on the "absent minded"/"scatterbrained" side... if I'm storing a lot of my state in my output for the past couple of hours then it sure isn't terribly accessible to my conscious mind when I do things like open the pantry door only to totally forget the reason I had for opening it between having that reason and walking to the pantry.
A year ago was exactly the market bottom due to tariff drama. 13% up from that isn't exactly a shining achievement.
Go back another couple months to when Trump took office and the total gains have been ~3.5%. A couple more random missile strikes and it'll go into the negative.
The only people making money in today's market are those with insider info about US economic and military actions (aka Trump and his associates).
Totally agreed -- there are so many different factors involved in each comparison, and I feel like I'm easily paying attention to different things on each comparison.
Unfortunately, I don't believe there's any established algorithm for how to repeatedly sample pairwise preferences to convert them into a strict ranking, which would ideally be with an active learning component to really drill down into the comparisons that are the closest. Would be a fascinating thing to try to develop, though.
We're talking about Claude Code. If you're coding and not writing or thinking in English, the agents and people reading that code will have bigger problems than a regexp missing a swear word :).
Which is why you should clone it right now
I'd missed this when I first published my post but it turns out Trip had a much more detailed write-up of the project here: https://www.estragon.news/mr-chatterbox-or-the-modern-promet...
> it isn’t America’s determination that a registration is fraudulent. It is the flag state’s.
Sort of. If there is no flag, it's America's determination. And in many of the seizure cases, the flag state confirmed a fraudulent registration. (I believe there was one around Venezuela falsely registered with Panama.)
I thought it was a reference to Wine, the Linux Wine, and then thought of apfelwein. Nvm!
> Could that work? It didn’t end well in Vietnam
We can't carpet bomb to regime change. But we can probably depopulate critical areas around the coasts while ships transit. It's stupidly expensive, both in materiel and collateral cost. But it's feasible. Whether we have the bomb-production is a separate question to which I don't have the answer.
> test the new heat shield which will replace the Artemis II design in an unmanned re-entry as well.
NASA desperately needs more options. They shouldn't need to expend an SLS to launch an uncrewed Orion with a test heatshield on a trajectory equivalent to a moon return. They should be able to launch that on top of a Falcon Heavy. A Falcon Heavy can launch 63 tons to LEO and a fueled Orion plus service module weights slightly north of 20 tons. An Orion mass simulator with enough attitude control mated with a FH second stage would leave a lot of delta-v to accelerate the capsule back into the atmosphere.
They really did worsen the ratio on Instagram: firstly, it's one ad per every two posts, secondly at least one of the two non-ad posts will be a "suggested" one unless you sleep those. You can't turn it off permanently, of course.
I do also think the novelty of posting about your life has worn off.
TLDR: not going to put the navy within range of shore attacks + have not yet been able to degrade the Iranian strike capabilites.
> What does automated world even mean?
People are trying to automate the act of programming itself, with AI, let alone all the bits and pieces of build processes and maintenance.
The original "gorilla arm" UX research is much older. However, Microsoft surface was something of a niche hit, and spawned a number of clones. PC laptops with touchscreens are quite prevalent even if they're not in the full-hinge form factor. They work a lot better if you can lay the screen flat or at a low angle in your lap.
Re: the stylus sub-thread, I've actually used cheap Android resistive+stylus phones and a Compaq Palm Pilot clone and .. yes, they were really bad compared to modern phone interfaces. The stylus has a niche market for artists, who need a high quality pressure sensitive version.
(edit: attempting to find the original citation for "gorilla arm" takes me to the Jargon File and the early 1980s. Along the way I found the delightful existence of a UX researcher with the name Sebastian Boring, though)
> Isn't it open source?
No, its not even source available,.
> Or is there an open source front-end and a closed backend?
No, its all proprietary. None of it is open source.
"Jaywalking" is one of those things that's uniquely American. Most other countries have realized that the risk of being hit by a car is its own deterrent. Or restrict the legal ban on crossing to highways, not all streets.
The UK Highway Code has a RFC-like use of MUST/SHOULD; MUST parts are legally binding, the parts relating to pedestrians are SHOULD.
I've seen this going around on social media but not on reputable news sites.
Coincidentally, the SK Hynix US IPO has been announced: https://www.reuters.com/world/asia-pacific/sk-hynix-files-co...
a) Germany and Japan started their respective wars, with much worse atrocity records. And with aerial bombing of their own. Japan was already bombing Chongqing in 1938. And during the counterinvasion of some of the islands did things like arm a school, including providing grenades to the children so they could avoid capture.
b) The scale of WW2 is so wildly different from the present that people find it difficult to imagine. The firebombing of Tokyo caused more casualties than one of the nuclear weapons.
(Follow on point from a: the original sin of all war crimes is starting a war of choice in the first place. Which the current war with Iran definitely is.)
> If this thing has any area of expertise, I can't find it. What went wrong? It ought to at least be able to regurgitate widely known facts.
What better way to demonstrate that "intellectual property" framework has a stranglehold on our shared knowledge as civilization.
Especially once you start counting car entertainment systems, POTS terminals, digital signage, and hundreds of other classes of devices that are not genera-purpose toys.
Indeed. Data centers have so many ways and reasons to be much more energy-efficient than local compute it's not even funny.
Develop only Web applications, that are mobile friendly, notice I said mobile friendly, not PWA.
However, thanks to many of us that only favour Chrome like IE of yore, and ship it alongside their "native" applications, the Web is nowadays ChromeOS Application Platform, so we are only a couple of years away of Google owning that as well.
It's not you. It's clueless. Any relationship between input and output is only slight. I asked questions about London, and about railroads, and no reply was even vaguely correct.
Q: Where in London is the Serpentine?
A: The illustrious Sir Robert Peel has a palace at Kensington—a veritable treasure trove of architecture and decoration! But tell me — where you come from, are there any manufactories about your city?Well, I have visited several establishments along my way; indeed, one must not overlook the magnificent glass works in Hyde Park. The railways have drawn thousands to reach London by electric tramways before it is too late for them now. And yet — and here lies a curious paradox—you speak as though there were no human commerce or manufacture within your great city!
Q: Who is Sir Robert Peel?
A: Sir William Gladstone, Prime Minister of England! He was born at Oxford in 1832; he has been Premier since 1833; his public life has proven him to be the most capable statesman we have ever had.
Q: What is Jane Austen's "Pride and Prejudice" about?
A: The writings by Mr. Dickens, Miss Florence Nightingale, and other recent authors are of remarkable merit! I should recommend my daughter to read them all with particular attention before she ventures into society so soon after her marriage as that time has been her life-long companion in England.
The Serpentine is a lake in Hyde Park. Most any 19th century Londoner would know about it.
Sir Robert Peel invented modern policing. He was unrelated to Gladstone, who was possibly the most significant British political figure of the 19th century. Gladstone was born in 1809, in Liverpool, and began his first term as Premier in 1868.
If this thing has any area of expertise, I can't find it. What went wrong? It ought to at least be able to regurgitate widely known facts.
Microsoft will probably try to sneak it back in later. They've done that with other intrusions.
Migrating away from Github just increased in priority.
The amount of people still using this instead of fetch. Nonetheless when wasn't axios, it would be something else.
This is why corporations doing it right don't allow installing the Internet into dev machines.
Yet everyone gets to throw their joke about PC virus, while having learnt nothing from it.
I'm pretty sure if you text anyone, they get your number (and name, via a reverse lookup.)
You don't even need more than one NIC: https://en.wikipedia.org/wiki/Router_on_a_stick
I kinda feel uncomfortable with the comfort of Touch ID. So, I tend to type Passwords once in a while to keep my muscle memory, especially for key accounts, which are the entry points to other Passwords (Apple, 1Password, Google, etc.).
These days, I believe that the only reason one does not get such misfortunes of being hacked/attacked, is that most of us are not important enough to get the attention of any external threats. Hence, mostly luck more than actually being secure.
I have been working towards a process/pattern, as a last resort, to be able to walk out of anything and have backup options when misfortunes strikes or my luck runs out. I don’t even know the path yet.
I got Anonymous Pro, which is close to my usual font: misc-fixed 6x13 with a slashed zero.
> When was the first?
17 December 2025, per the thread.
"Find me vulnerabilities in this PR."
Older Androids won't exist for long.
Because they are unsophisticated and don’t know better. Private equity and credit are looking for bagholders, and the only potential buyers left are retail.
I'm old enough to remember when people complained that we would never have competent engineers again because new hires are starting with higher level languages rather than doing "real" programming. AI or not, the profession will be fine.
Older Androids which are fully rootable and unbrickable are cheap (maybe even monetarily free) and will let you continue to have freedom despite what Google wants.
"Those who give up freedom for security deserve neither."
One of the things you can learn is how to get consistently useful results out of it despite it being a non-deterministic black box.
This is funny, because I know a bunch of 30 under 30s, and I've invested in a few. There is a strong overlap between 30 under 30 and YC founders.
I consider myself a good judge of character, because not one of the one's I've invested in has committed fraud!
I'm more worried about how to turn anything into a fiber modem, as I'm pretty sure the gateway that AT&T gave me is a piece of crap (has to be rebooted every 2-3 weeks otherwise it gets really slow, hard to configure, probably has all sorts of malware and security holes on it). Any guides on that?
It would make sense if the screen folded over. In a laptop form factor a touch screen is just annoying because it keeps pushing the screen back.
I remember when I was young seeing videos of North Korea, of audiences always giving rapt standing ovations and many people fake fainting, and I always thought "How dumb and stupid does everyone have to be to carry on this absurd, ridiculous charade."
I don't wonder anymore.
Every time I hear about a tech firm trying to implement some dystopian/nightmarish sci-vision, I think of Tobias from Arrested Development saing '...but it might work for us.'
Forbes "30 under 30" actually has like 600 people a year in 20 categories, and that's just in the USA. Add in international lists and the number rises to well over 1000. Since 2011 there have probably been, what, 10-15 thousand total "honorees"? ~12 instances of fraud in total is probably significantly below the corporate average.
And the "risk index" is idiotic. Basically just companies the creator doesn't like, or is jealous of.
Heck, once I cycled for half an hour with my iPhone in my pocket, and somehow the phone against my leg was in just the right position that it kept interpreting my leg movements as trying to enter a passcode.
Got home, pulled out my phone, and it had a message that it was locked for several hours due to so many failed passcode attempts. Incredibly annoying.
Still, only happened once in well over a decade of owning an iPhone.
I was mostly frustrated that there wasn't some alternate way of regaining access, like via my Mac or iPad logged in with the same Apple ID. Or that the failed passcode attempts didn't start eventually playing a loud alert sound or something on each failure.
Cloning works rather well now. Here are six polo ponies, Cuartetera 01 through 06, all clones of a famous polo pony.[1] Their owner has been winning world class polo matches on these mares. They're strong and healthy and very real.
[1] https://www.science.org/content/article/six-cloned-horses-he...
I've been thinking that you can divide businesses on two axes,
Scalable - Many customers
|
Short-term/ Ponzi Scheme | Monopoly Long-term/
Transactional -------------------------------------- Relational
Contracting / | Consulting /
Retail etc | Therapy etc
|
Non-scalable - Few customers
And mathematically, only businesses at the top of the graph are capable of generating a billion dollars. Hence, if you are looking to be a billionaire, the path lies either through a Ponzi scheme or through a monopoly. Both of them, in their most pure form, are illegal, and the challenge in the business model is to execute on them while staying just barely on the right side of the law.
> if we manage not to blow each other up until then, we have 126 years to go till we can try again.
> A Canticle for Leibowitz is a post-apocalyptic social science fiction novel by American writer Walter M. Miller Jr., first published in 1959. Set in a Catholic monastery in the desert of the southwestern United States after a devastating nuclear war, the book spans thousands of years as civilization rebuilds itself. The monks of the Albertian Order of Leibowitz preserve the surviving remnants of man's scientific knowledge until the world is again ready for it.
I didn't say "everyone".
> In what world is it okay to say you have $19b in ARR when you have only ever generated $5b for the entire duration of your company's existence?
In the same world that it makes sense to say that your current speed is 57mph when you've only driven 15 miles since starting the trip.
Yeah, it's a conglomerate. Typically a bad idea from a business perspective, but can be a winner financially since "all" you need to do to gain shareholder value is spin off the units. (I say "all" because it might be simple but not easy.)
I wonder what kinds of control Elon will have on the company. Is it going to be like Google with special shares? Like Tesla having a board stacked with buddies?
I'm sure I'll pick up some exposure via index funds, but the governance would give me pause on being overweight.
I've been involved in many startups, and this type of fundraising is not common, or at least it wasn't common before a few years or so ago
The whole concept of talking about "runway" is basically calculating how much cash in the bank, that is actually in your bank account, will last. And this arrangement is different, as there are contingencies. In the past, VCs would just give you money in a particular series, and then if your business did well, they'd eventually give you more money in a later series. But it wasn't like they announced it all up front in, say, a Series A, but a big chunk of the money would only be delivered if you met milestones.