jkeisling/hacker-news-corpus-2007-2022 huggingface dataset:
There are a lot of things you have to know to make sense of a deal like this.

(1) You have to know what Twitter's financials look like. You can speculate, but since they're not public, you don't know. It may be the case that based on the financials, the growth, and a few simple spreadsheets, KPCB figured out a valuation that makes them comfortable buying at $3.7b.

(2) You have to know what the investor's goal is. Different VCs have different funds with different models. Funds that invest in late stage companies don't expect to make huge returns. They might see a path to a risk-free exit at $5 billion in two years. Investing at $3.7b for an exit in two years at $5b is a great investment for certain types of investors. Other types of investors are investing earlier stage and need 10x or 20x returns to make up for the complete failures in their portfolio.

(3) When talking about large companies with user bases the size of Twitter or Facebook, the very size of the user base can make the common stock much more valuable in a public offering. Think about how many dentists and lawyers are going to invest in Facebook on the day of its IPO because "everybody they know uses Facebook." Meanwhile, another, much more profitable B2B company that only has 1000 customers can be completely invisible to the public at large so the demand for their stock in an IPO would be weaker.

(4) $10b exits may be rare, but Twitter is a rare company. You don't see a lot of companies getting 8% of online Americans in a year or two.

(5) There is a very short list of investors with the midas touch. The very fact that they are investing in something makes it more valuable. John Doerr is certainly in this category. He can invest in Brown Paper Bags and make money simply because so many other investors trust him and will buy anything he buys.

(6) It might not be a sensible deal. The people investing in it might be idiots.
I think he is specifically refering to updating it in a managed environment. Applications set up correctly (e.g. Microsoft Office) can have updates pushed out over the network to all users, automatically. This isn't so easy with Firefox, but it should now be easy with Chrome.
Twitter has like 2 strategic 'customers' hasn't it? That seems like a really risky revenue stream to me, if you can even call it that.
Black Scholes and Heat Equation are the same, up to a change of variable.
I don’t suppose you noticed who the author was either, or did you? ;)

Brilliant all-around guy. Wrote the book on some things back in the day. Sometimes reading a difficult presentation is the price to pay for knowledge.
Yes, as I said?

My point was that the user doesn't matter (vs. anything else about the commit) to me in any context that I see it.

And then I mentioned without reiterating the advice about hiding the commit from blame just as you did.

In any context where I see "OJFord committed 'Autoformat with black'" for this, it's not 'OJFord' that's the problem IMO.
I found this comment: https://news.ycombinator.com/item?id=17155048

Are the mentioned issues resolved by now? E.g. the quadratic algorithm?
Kind of ironic considering Atari was super against letting their programmers take credit for the games they created, and this lead famously to a group of them leaving and forming Activision. It also lead to Warren Robinett hiding his name in the classic 2600 game 'Adventure' (https://www.youtube.com/watch?v=oJFao67acks)
We can estimate the total number of infections through seroprevalence studies. The latest research shows a global infection fatality rate of about 0.15%, although there has been a wide variance between countries.

https://onlinelibrary.wiley.com/doi/10.1111/eci.13554
So you truly believe that Firefox or Windows or Ubuntu could not only be 100% covered by unit tests, but that it would actually be worth taking the time to do so? (edit: typos)
There's dealing with the nature of boys, and then there's dealing with ADHD. Our son was diagnosed and our final trigger before looking for a diagnosis was a day where he was sent to the principal's office twice. Once for pretending he was a motorcycle and running into other kids, and once for biting another kid.

His teachers were aware that he was likely ADHD and were extremely tolerant of his behavior. His teacher said that he ran into people while he was a motorcycle, because that's just a thing that motorcycles do. The biting was a little more convoluted, but his logic was that it was ok because he told the other kid that he could bite him back.

The way our therapist put it was that as people age they can self-regulate better. We're using the medication to keep him alive (without it he's impulsive to the point that he'd run out into busy traffic to chase something shiny) until he develops better self-regulation.
Exactly. A money-losing company that grows isn't any accomplishment. MoviePass comes to mind.
Supposedly the big money has never been in Windows licenses. For example, Office is a big money-maker for them. So it is in their interests to have everyone run Windows, even if they don't get license revenue.

Hearsay though.
You're mistaken, they do store. And don't hide it.

Also they don't even encrypt, they send messages over the air in plain text. YAY $16 billion!
This doesn't contradict warnings that our current agricultural systems are prone to sudden collapse. Soil erosion, water pollution, changing weather patterns, and over reliance on fertilizer and pesticides in a monoculture environment could cause a precipitous drop in yields over just a few years. We may be over spending from the credit card, so to speak.
I agree. I remember the job market of 07-09, and appreciate being contacted by recruiters. In fact, I typically respond to most them in order to politely decline.

I'm too young to remember the post-dot-com years, but those weren't a walk in the park either (to put it very mildly).
Does it have emacs emulation?
They put a Whole Foods (definitely not known for low prices) on a vacant lot in downtown Detroit and it's doing great.
Companies like this still need to be made by talented people.

I know the founder of Calm, he's extremely laid back and great to work for.

You have to believe in the vision of a company to work there and this will be no different for Calm. It'll take the right kind of mentality to succeed at a place that puts reducing stress at the forefront of its mission.
I've met a couple of the relatively recent "tech luminaries" often waxed poetic about in terms of their technical genius and found their understanding of actual technology (as it relates to overall software development) to range from very superficial to non-existent.

OTOH they are wildly rich and I am a wage slave, so I guess the joke's on people who think the actual quality of the technology matters rather than the way it is marketed.
I also got fed up with my iPhone 5 and the crazy cell phone bills I had and switched to a Moto G (2nd gen) on a cheapo prepaid GSM plan. I couldn't be happier and am ecstatic to pay less than $30/month for phone service and own the phone outright. The G is easily 80% of the iPhone functionality for about 20% the cost. It runs the latest Android OS really well and has good specs. Only downside is the camera is nowhere near as good as the iPhone, but it's not completely terrible.
Probably you want to expose REST API to the web application.
Everything you need is just set up domain for your RESTful service and setup CORS settings to access REST API from application server, no matter where web application server would be.
The database should have no public IP and should be in the same network as your REST server is.
If I were you, I set up for the first time everything on the same server on EC2 instance for example. Then using Docker I 'd set up accurate deployment system. Then "scale" it to three separate servers.
You should keep DB on dedicated instance because of performance and because you probably will need (if so) to use master/slave replication or kind of scaling.

Don't do it on early stage. Just make it somehow working for the first time, until existing infrastructure become unstable/laggy.
Interestingly enough, I'm the only female developer on my team and it has been universally decided that I am also the only brogrammer. So take that as you will.
I think it’s an interesting idea we’d need to have someone like gates, focused on how to use that money for effective impact otherwise likely that money would just go to waste... hence nice idea but lot of work to back it up for real impact...
Yeah, good suggestion. Reddit's quite a large site though now with a broad number of topics. Maybe a more focused business/economics site might be more useful to me I don't know.
Money quote (Campbell's law, paraphrased): “Any quantitative social indicator used for decision-making corrupts the social processes it is intended to monitor.”
Oh shit. I guess that's the end of the road for Bitcoin, eh? No way governments and banks are going to let it live now that Time says it "could challenge" them.
You should get in touch with the artist (Paul Slocum). I'm sure he'd oblige.
Interesting how Microsoft's browser drops support for MS's legacy OS, while third-party browsers (Chrome, Firefox, Opera, etc.) don't.
Informative post...

So essentially you are saying that the major labels are the tip-of-the-iceberg in terms of how the money circulates?

Owning a major label wouldn't really get Google that much since it wouldn't allow it to change the business model since that is dictated by multiple interlocked contracts between different players, including of course, the artists.
Some of them look like polaroids now!
Listen to Paul. He knows.
That might be a good idea. It's a pity New Mogul shut-down as It really was a good compliment to HN's engineering topics when many are also looking for business advice and content.
I think the intent is usually found in statements made by drafters of the legislative language. Intent is not packaged in the raw text of statute.
Their IP is the high caliber of people/creators/cult/tribes that has amassed and been refined. But clearly not their UX...yet.
I can’t speak for HN as a whole, but to me I can see an argument for dividends to be taxed favorably but why all capital gains? If I buy a collectible stamp and later sell it for a big gain, there’s no double taxation argument. Adjust the basis for inflation, sure, but that’s about it.

That would also incentivize companies to pay dividends, which I think is good for various reasons.
None! Going to keep my jerry-rigged-Heath-Robinson networks with the existing mesh and switches until things resolve to a satisfactory juncture.
> I just ask my car for the nearest charging location. It pulls up a map with all the nearest ones and gives me details about each one

Lots of cars and third party applications do that. Here's an example for Audi:

https://www.youtube.com/watch?v=w3fj973k4ZM
Performance is incredibly important in web browsers - almost as important as the system itself, but it's a much younger domain so there's more left to be figured out. Chromium and Firefox regularly generate some of the coolest and most interesting optimization-related blog posts out there.

Examples: https://hacks.mozilla.org/category/performance/
Yeah I don’t understand their business model, there is a cost to process a payment so even if I give someone $100 the credit card company and payment processors will take a cut.

Now there is a difference between a platform that takes 15-30% cut and <5% but I really don’t see how they’ll be able to operate.

And this ofc goes beyond the fact as you mentioned that the big players can simply kill this by having a similar policy especially for smaller creators.

The only purpose of clubhouse that I can think off is if that’s exactly their plan in the first place.

The only other thing I can think off is if they’ll offer a content discovery platform and then charge creators to promote their content on the system but that’s arguably a worse off deal for creators since they’ll have to put in money upfront without any guarantee of returns.
Have tried Ashwaghanda didn’t feel much impact.

How is L-Theanine?
I used to do n.n.n.n. to do the same (i.e. /search something, then do the replacing with something like cw or 3s or ct' or whatever you want, and then hit n for next result and . to repeat the change). Using cgn is less flexible and you need to learn another thing (you know about n and . already by the time you get to cgn), and maybe it's just me but hitting n. repeatedly is practically equally fast as just hitting the dot.

It also has the downside that it doesn't match what is being shown: when I hit * on "overview" it highlights both "overview" and "Overview" (I have highlight search enabled), but cgn replaces only one of them. When the cursor is on Overview and I run "*cgnexample<esc>..." it will skip all the "Overview"s and only replace "overview".

But perhaps it's a bug in Vim since it works when I run * on the lowercase variant.
Care to elaborate? Or you mean christianity? There are quite a few other religions that are quite nice. Buddhism as practiced in Bhutan comes to mind...
"Chinese Organized Crime" is a bit much. Its most likely some small time guy in China that is just doing this stuff for a quick buck. They would probably not even see anything wrong with it morally or legally, as its the fault of the person for falling for such an obvious scam. And they still get a product.
I had installed Windows 3.0 on the 20Mb HDD of my Hyundai 16v (8088, 10MHz!) via 20 360Kbyte floppies :)

(edit, yes Windows 3.0 could use CGA 640x200 with 1 bit colour)
Or artists like Richard Prince. Prince has been sued several times and made several settlements.

But - his court victories depended on the argument that he actually transformed the works he copied. If someone just claims ownership of a art work on a blockchain, I'm not sure that's the same thing.
Whilst some of this is true, don't forget that there are so many large companies out there that are run in an extremely inefficient way by incompetent management, with business divisions generating hundreds of millions/billions that are in turn run by and staffed with mediocre people. For businesses operating at such scale, bringing in McKinsey, BCG or the likes can often lead to the implementation of a series of smaller process improvements that together add up to tens/hundreds of millions in cost savings. You don't necessary need to be an industry expert to identify process improvements and many industry experts are really useless outside of their domain. I did some consulting in university through a student consulting organisation (didn't make the move into consulting after uni, though) and felt completely embarrassed to present the findings of our research to the senior management of a successful medium sized business that was a market leader in their industry. After all, I hadn't even started working full-time and these people had decades of experience! However, they had no experts in-house for the specific issue they were looking into and implemented our recommendations successfully after properly scrutinising it.

Additionally, companies often hire a consulting company that has previously advised their competitors to indirectly benefit from a knowledge transfer. There will obviously not be a transfer of actual IP, but a lot of abstract knowledge about operations can be gained from these engagements.

Lastly, I don't have an MBA myself but I've worked with some extremely smart MBAs who absolutely blew most mediocre engineers out of the water in terms of intelligence, problem solving, people skills, etc.. Not every engineer is a super smart code wizard and not every MBA is an empty suit. Don't judge a book by its cover!
I think it is more inheritance than ECS, but not religiously OOP.

Having used Unity and Godot, I really like the architecture of Godot. But Godot is not nearly as fully functioned (yet).
Exactly this.

> Once they grok a simple Sinatra app, they can move on to Rails, understanding that it's doing a lot of magic, but at least having a grasp of how the magic works.

How the magic works, and why it's needed in the first place.
> It’s taken a decade, but content companies are now becoming independent, strong, and profitable entities. From Netflix, which pays content creators in advance for their work, to Buzzfeed, Vice, The Information, Re/code, and beyond, we’re seeing a class of independent and strong content-lead companies.

Uh... huh.

Netflix's model is about, what, 95% content produced for other distribution mediums (theatrical/broadcast/cable) that Netflix is paying a relative pittance for because the marginal cost of distributing them on Netflix after they've made their money elsewhere is very small and so they don't need to bring in a lot of money from Netflix in order to be worth the distribution deal. Buzzfeed is... well, you make about $100 per article writing for Buzzfeed.[1] The median salary of a journalist in the U.S. is $37,501.[2] As a conservative estimate, let's double that -- because as a Buzzfeed frelancer you aren't getting employer medical benefits, you have to pay your own payroll taxes (anyone who's ever worked freelance/contract knows that the taxes listed on a typical paycheck are only about half of the taxes that are actually paid, depending on the breaks), you aren't getting paid vacation and sick days, you have to provide your own computer, Internet, utilities, etc. So you need to earn $75,002 as a Buzzfeed writer to match the median salary of a journalist in real terms. So you need to write 750 articles for Buzzfeed in a year in order to hit that medium salary, maybe a bit fewer if you can do some longer articles at a higher rate, but that's still about the same in terms of wordcount.

And what kind of content are these underpaid Buzzfeed writers actually cranking out? Go through and actually read the articles under BuzzFeed News on the front page. Right now, there's an article about Trevor Noah becoming the host of the Daily Show, which seems to mostly rely upon promotional materials put out by Noah on his Twitter and Instagram accounts, video of Noah on The Daily Show and his stand-up show, and a GQ cover he was on. Count up how many of those things are paid for directly or indirectly by someone else, mostly Comedy Central. The article on the Germanwings pilot seems cobbled together from AP, Reuters, New York Times and Sky News articles -- written by people making that $37,501 salary that our BuzzFeed writers aren't going to get.

The author sees "a class of independent and strong content-lead companies." I see a bunch of places that are either piggybacking off the products of other, Old Media entities or getting by on a business model that pays people below-poverty wages for content -- and sometimes both. I don't think that's independent or strong or even content-led.

1) http://whopays.scratchmag.net/?s=buzzfeed
2) http://www.payscale.com/research/US/Job=Journalist/Salary
I’m in the UK, over here we developed a vaccine to an unknown virus in about 10 months and then gave it to nearly 20 million people in 2 months. I’ll take that over the next generation of pointless aircrafts any day!
Well, yes, but changing how the initial boot code works still means changes in the thing we call the "videocore firmware", right?
How much of that existing financial infrastructure will Bitcoin replace if universally adopted?
> Youll be glad to know most btc mining comes from renewable energy

Any sources? Any time I've tried to investigate this, I've found this to very much not be the case. A majority of mining pools are in places where energy is cheap, but not necessarily renewable.

> and the existing financial infrastructure uses more energy.

And you expect that's just going to... disappear once Bitcoin wins? JP Morgan & Chase are going to go "oh, guess we've been beat" and pack their bags?

The existing financial infrastructure costs a lot, but Bitcoin isn't too far behind, and Bitcoin can only do a ~3 transactions per second [0]. Visa's data center they built back in 2012 is completely renewable, and can do 2,500 transactions per second. [1]

[0] https://www.blockchain.com/charts/transactions-per-second
[1] https://www.cnbc.com/id/46867832
STX is looking pretty solid. You can stake out for 8-15% APY in 2 week stints for BTC. Would not be bad as a way to store capital.
Yeah, that's what the Egyptians, Syrians, Jordanians and Iraqis thought in their various fights against Israel through the years. Yet somehow, the Israeli quality came out on top every single time.

Stating the F-35s are "only slightly better than 40+ year old jets shows a stunning lack of knowledge.
The future requires more energy. That will never change with or without bitcoin. The answer is to switch all or most energy to renewable instead of pointing fingers at what is using it. Do we need all this video rendering? That uses a lot of energy.
this a remote-first company. they will have different physical locations but most of the company will be working remotely. regardless, given that SF was the original HQ, that will likely always be the de facto HQ... since the higher ups are already coalesced around there
Depends on what it has to do.

If it's a simple static site just use S3 static hosting and the language of your choice (maybe Angular).
There is extremely good data from South Korea where extensive testing is performed.
Many open source projects are not on github.
In the name of Science (and Cthulhu) I sacrifice you!
Worth noting that a "welfare state" approaches basic income as it benefits more and more people.

Without getting into the various hairballs on here about the truth of the research, -if- this were true it might imply that the core conjecture of a basic income promoting innovation holds up.
Not that.
I'm trapped using 2.7! On this machine it looks like I'm running 2.7.8. Files are roughly 1GB each. They're on a relatively slow file system, just a single HD on this machine... no raid, no ssd.
Nice. I like ambition, I like building first and "strategizing" later. Basic tech gets a lot of play, but if HN slowly transformed into a much more active Show HN, I would not be disappointed at all.
I am aware that I am not the only one convinced that Bitcoin will fail. Maybe the Bitcoin price will even stop falling and rise again once more, but finally it will fail. See the linked comment for my reasoning.
Depends on the problem in question. Database can be on a different server and distributed erlang apps connect to it, or use Riak and persist in Postgres.
great article!
PS. probably some hardcore unix guy would tell you that you are abusing cat. The first cat can be avoided, and you might gain even better performance. Also using gnu grep seems to be faster.
This seems like a bad idea. Firstly, the melt value of a nickel is less than $0.05 [1]. Maybe he was confused by the fact that it costs more than $0.05 to mint each coin; that's because there are costs other than the materials. That also means it'd be cheaper to just buy the metals that are in the nickels than to buy the nickels if you wanted to bet on their price. If the government switches to a different composition, there will be less demand for nickel and copper, which doesn't bode well for the melt value increasing significantly beyond $0.05 because of a switch.

Secondly, just holding the nickels doesn't mean you're sure to not lose any money. As you said, simply stuffing cash (or nickels) under your mattress means you're losing some every day to inflation. You're also losing all the potential gains of the other things you could be doing with that money other than piling up nickels. At the very least, you take no risk of losing the principal by sticking it in a savings account (~1% APY) or buying a 1-5 year CD (2-3%).

Then again, I don't have a couple million dollars to blow on stockpiling nickels. The sage investor must know something I don't.

1: http://www.coinflation.com/coins/1946-2007-Jefferson-Nickel-...