skysight-inc/HackerNews huggingface dataset:
Winners: The investors who bought Airbnb shares at $68 whose shares are now worth $140.

Losers: Existing Airbnb shareholders who have shares in a company that could have raised $7B in cash but instead raised $3.5B. In theory, the mispricing "cost" Airbnb around 4% of its market cap, so existing common shares are worth 4% less than they should be.

But there's a caveat[1].

Companies like Airbnb (no stable profit) are almost entirely valued on sentiment and expectation. Assuming perfect information and rational actors, in an alternate universe, a direct listing would have resulted in around a $146[2] share price, on top of which the company can raise a secondary listing for $3.5B without affecting the share price. They'd have the same assets and liabilities as they have today, except pocketing the difference (by limiting dilution) instead of handing it to investors.

However, there's no certainty that the valuation would be $146 today had they gone this route. Humans, especially hype-powered retail investors who like to jump on flashy IPOs, are very susceptible to things like IPO bumps when making their buy or sell decisions. An entire field[3] of investing with significant buying power essentially relies on predicting sentiment.

If I'm a common shareholder, sure I'm sad that my shares are worth maybe 4% less than they "should" and that the financial world pocketed the difference, but I'm probably pretty happy my shares are worth what they are and aren't too interested in, for example, rehashing the deal or picking a offering strategy that could have swayed investor sentiment in a way that made my shares worth much more than 4% less.

[1] - The impact of "more perfectly" priced IPOs on market sentiment and thus public valuation is the most significant factor, but a secondary one is the practical aspect that the IPO process consists of a lot of risk, both on the part of the underwriting investment bank who gives the company the money raised in the IPO and the small number of powerful investors get access to (often) preferential pricing from the investment bank in exchange for an advanced commitment to buy the shares and hold for some agreed upon time. This illiquid market is dominated by relatively few actors. An IPOing company who doesn't "play ball" may find itself unable to find someone willing to underwrite their funding round or buy into it at all.
[2] - This theoretical loss per share is computable two ways. The easy way is that they "left $3.5B on the table" which divided into Airbnb's current market cap of $84B is ~4%. The other way is the counterfactual way. Airbnb currently has 600M shares outstanding, having issued 50M shares in the IPO in exchange for $3.5B. So if not for the issuance, Airbnb is worth $80.5B with 550M shares outstanding, or $146 per share.
[3] - https://en.wikipedia.org/wiki/Technical_analysis
And then keep adding new features (identical for both teams) for a few years and measure the time taken.
What a crazy look.
Hate reading text online? There is a better way
I report to a CTO and manage a large team. You probably need to delegate your planning and budget activities and serve as mostly an approver for those things.

Managing people is hard and it’s unlikely you will learn how to manage people from an MBA. Managing people is an experience thing.

If you’re bad at managing people, my advice is that you hire people who are good a managing people and have those people report to you. At the same time, you probably want to minimize your number of directs.

You might even consider keeping your org small and have a VP of Engineering report into someone else on the C-Staff for all things execution related.

This will allow you to focus on your strengths which hopefully are technology roadmap/vision and selling that vision to customers.
> Bluetooth just works better on Apple devices

My experience with Bluetooth headphones are Airpods 1, 2, and my Senneheiser Momentums.

I think I can count on one hand how many times the Sennheisers needed a re-pairing, and that's using them pretty much every work day. The Airpods are far from reliable. I use them for running 3x a week, and I probably have to re-pair them once a month. This has been consistent with the 1 and 2.

However, this is due to what Apple is trying to do. The Sennheisers just pairs and plays music. The AirPods are detecting what ear they're in, connecting when in the ear, tapping, Siri, etc. There are much more opportunities for failure with the AirPods.
Not to mention, the example is misleading by ignoring the the government's revenue requirement. If the sales tax system worked the way he says it does, then a 20% sales tax would have to be replaced by a higher VAT tax in order for the government to get the tax revenue they "need" (desire). I don't think any government would take such a massive drop in tax revenue as is implied in the example.
The only bit that would be up for taxing would be any profit made from that sale. Buy for 2 dollars sell for 3. Only the 1 dollar profit is in play for taxes.

Even then it can be exempt or removed by other items in the tax code. That profit is not part of the sales tax system. It is part of the income tax system.
> You can re-center it with a button press.

Like it or not, there's your answer.

When was the last time you calibrated something from Apple? They don't do that, it either 'just works' or it doesn't.

It's a consistent design philosophy with some stark tradeoffs.
This only works if you're not a junior
Screen Hero was light years ahead of anything on the market a few years ago. I'm not sure why they didn't integrate it into a simple feature button in Slack.
Weird thing for him to complaint about "regulations", considering said regulations helped kick start the electric car industry and saved his car company. The 7.5k fed credit, the 2500 CA tax credit, mandated charging stations, solar subsidies, HOV sticker, upcoming mpg mandate - all of this was necessary to support Tesla. I literally bought electric for the HOV sticker that comes with it. I feel like I am losing respect for Elon everyday, even though I own two Teslas.
> “I think there might be too many M.B.A.s running companies,” the Tesla Inc. chief executive said. “There should be more focus on the product or service itself, less time on board meetings, less time on financials.”

> Many business-school leaders shot back, saying that Mr. Musk’s comments don’t match the reality of what is taught in M.B.A. programs and that more students than ever who are pursuing the graduate degree are interested in entrepreneurship and tech rather than Wall Street.

That last part seems perfectly tone deaf. "What do you mean, too much time focused on financials? We took jobs outside the finance industry! Isn't that enough?"
India again. Absolutely bizarre. Are you just trolling at this point?

"Country with little spends little money. SHOCKING story at 11"

And you bring up Italy in the EU where Apple is doing fantastically. At this point this is just farce. Talk about Ferrari again, as that was fun.
Nitpick: 2008 after the worst housing crisis in generations is not a reasonable baseline, that is the floor.
For the majority of Americans on HN or employed in tech or finance or some other salaried office work, the sky isn’t falling, we’re doing well. but we’re also a minority of Americans.

Walk through towns & small cities in Indiana, Kansas, Florida, Alabama. In a lot of these places the sky is falling, there are few jobs & high rates of opiate abuse. There isn’t much of a social safety net. Unfortunately many of these people vote against their own financial interests, and honestly the democrats also aren’t addressing the roots of inequality sufficiently. The United States is basically divided between those of us who are doing well and those of us for whom the sky is at least looking brittle. That’s the issue putting pressure on society today.
> Academic papers claiming feasibility decades from now is a vastly different thing than something actually being feasible. If it were, then we'd have all been using fusion power since the 1980s.

Of course the same holds true for MSRs. Regulatory hurdles mean any widespread deployment of nuclear is minimum 10 years away as well (the video shows the timeline for this reactor as 100MW in 2028, but I think that's optimistic, and it's just for the very first reactor.

I think we should pursue many avenues of reducing fossil-fuel reliance, primarily because I think its premature to say what solution(s) will win out.
> I don’t think there’s an easy fix for this, and that makes me sad.

This sort of thing is advertised as one of the primary use-cases for self-driving cars IIRC. I.e. give people mobility who otherwise would not have the ability to drive (so also e.g. people who are blind etc)
Deflection may have been positive side-effect. Officially it is:

> U.S. President Donald Trump Monday said his "Chinese virus" statement for weeks was a counter-propaganda strategy to fight Chinese allegations that American soldiers brought coronavirus to Wuhan.

Given how China and Russia stepped up their muscle flexing in the past year, how China is against an international investigation into the origins, I am expecting more than not, that 2021 will reveal it was indeed a lab leak. If natural, China still has to answer why it sat on corona for at least 3 months before notifying international health agencies. All this research should see atomic-bomb grade inspections anyway, those are long overdue. I don't want Iran experimenting with SARS-3 without oversight, invading afterwards will be too late.

This article from the Bulletin of Atomic Scientists is both critical of Trump, yet carefully supports the "leaked from a lab" theory: https://thebulletin.org/2020/06/did-the-sars-cov-2-virus-ari... worth a read.
Just for clarification, the big explosion at Fukushima was a hydrogen explosion. At high temperatures, fuel cladding breaks water into hydrogen and oxygen. Hydrogen collected at the highest point in the structure and later exploded.
I think the worst that has happened to Linux games was that DirectX has won. Vulkan gives me some hope.

Cyberpunk is superficially about technology, but I think Noita is a much geekier game. Made in Finland, the country that added demoscene to Unesco. Every pixel is simulated, lots of tinkering, emergence; you craft your 'weapons' all the time. The game's requirements say: "The more cores the better".

Note it's common among reviewers to say Cyberpunk is NOT about technology but rather about capitalism in overdrive. The game's technical themes are all old cliches: Johnny Mnemonic, brain machine interface, computer viruses.
Microsoft Brings X64 Emulation to Windows 10 on Arm PCs
> auto-suspend on lid close

on lid close being the operative term here.
And meanwhile I've been on-and-off watching out for the other famous computer from Jurassic Park: the SGI Crimson.
They're in the premium market segment, not the luxury segment. They're analogous to BMW or Audi, whereas the luxury segment of the auto world (for example) is more the Bentleys and Rolls Royces. It's an important distinction because premium markets are very different from luxury markets.

Premium products are more expensive than mass market products, typically with higher margins, but at the same time they tend to have greater value for the price than mass market products, provided the price isn't out of reach. Luxury products are much more exotic than premium, with much lower sales numbers, and their price is often almost entirely based on things like scarcity, manually intensive assembly, use of precious metals, etc.

A well-designed premium product should be as good or better than the equivalent mass market product in terms of getting what you pay for, but in the luxury world there's really no concept of value. It's expensive because it has to be and because the vendor wants it to be, but the value proposition is often nonexistent.
GE was burning the furniture to heat the house - what should be seen as a red flag - but nobody cared because there was just so much furniture it didn't seem like a problem until there was nowhere left to sit.
Electric cars are 2.6% of cars sold, and Tesla is 18% of that EV market. That's not really any proof that the MBA's are "ruining" other car markers, is it?

1 - https://www.iea.org/reports/global-ev-outlook-2020
2 - https://electrek.co/2020/10/30/tesla-tsla-market-share-globa...
When do the objects get destroyed or garbage collected?

This part was always magical. It seems to free up the local memory usage of the program, but it doesn’t seem to release the memory back to the operating system, until some type of triggered event.
I can't remember how many times in the last few years I've shut/stowed my ThinkPad, commuted home, and opened my backpack to find it burning hot and drained of battery because it either failed to sleep on close or reawakened itself while put away.

Even now, turning off or disconnecting my Bluetooth headphones causes my modern/up-to-date Linux machines to reawake if they were connected before sleep, which inevitably causes my monitors to come back online and fill my room with light and fan noise while I'm trying to put _myself_ to sleep...
You could say the same thing about literacy requirements. That's kind of the point.

> Yes, there are urban schools which are underfunded and disproportionately affect minorities, but there are also rural schools in predominately white areas that are also underfunded.

You could presumably also find some instances of so-called "white trash" being disenfranchised by aggressive voter eligibility requirements.

> So in my opinion, property tax funding of schools would fit more with the "rich get richer" paradigm.

All of racism fits into that paradigm. Racism is a system for causing poor black folks and poor white folks to fight against each other instead of fighting with each other against the systems oppressing both of them.
Probably not unless you're filing sales tax returns regularly and the item was bought explicitly for resale. If you're not filing and selling regularly trying to buy something use it and then sell it to get a refund you're going to run into trouble with the state revenue services soon.
Haha yeah sorry I meant the map on the homepage. I'm a bit of a map person so it caught my eye.
Yeah, that's messed up. Instead one should take the amount that the manager manages to improve over the baseline.

Which might be impossible to measure.
I don't know what these are "biggest" by (revenue? market cap?). If it's revenue, AT&T and Standard Oil of NJ (now ExxonMobil) are still in the top 10. Gulf Oil and Texaco (both now Chevron) are both in the top 15.[1] So 40% of that group is still around and quite successful.

1. https://en.wikipedia.org/wiki/List_of_largest_companies_in_t...
Hi Eric
The melting pot worked as well as it can work. Certainly better than in Europe. (See Brexit, see France and Muslims, see Germans and Muslims.) And certainly more so than nearly anywhere in Asia.

The problem is that you’re trying to solve a devilishly difficult problem that we don’t want to acknowledge is a difficult problem. When Iraq voted for the first time in 2005, it did so along strictly ethnic/sectarian lines. My home country of Bangladesh seceded from Pakistan because even though we were all brown muslims, they were brown Muslims who spoke a different language. Even Belgium to this day had huge economic disparities between French-speaking regions and Dutch-speaking regions.

We should seek to build a tolerant multi-ethnic society, but that will fail if, under some false belief in the perfectibility of human nature, we don’t acknowledge how hard a thing we are trying to accomplish. You can’t build such a society if your response to people being concerned about the culture in their communities changing is to call them racist. You can’t do it if you pretend that moderate in-group favoritism is some defect among certain white people, rather than a human trait that is displayed equally by Black and brown people: https://tablet-mag-images.b-cdn.net/production/883104fdaad18.... You can’t do it if you blithely kick stools out from underneath society without regard to whether they’re serving some critical function gluing our massively complicated heterogenous society together.
They should publish this data over some protocol that lets users contribute upload bandwidth (BitTorrent, IPFS).
Perhaps, but in this specific case:

1. Slack from a very early point in their pivot away from games branded themselves as an Enterprise Productivity app and made comparisons to Enterprise Email tools.

2. Microsoft's inclusion of Skype for Business/Lync (and to another extent Outlook, especially given Slack's own email-competitive marketing) for years prior to Slack/Teams implies that Chat/Communications has a long history of being considered an Enterprise Productivity App.
Snapz Pro was nearly impossible to delete from your machine once installed. Not quite ransomware, but close enough.
> Controls are annoying i.e. you have to swipe 20 times on the earcup and then waiting for a deafening beep to set the maximum volume.

IIRC you can swipe and keep holding to keep increasing/decreasing volume until you let go.

> Loses track of current volume on different devices.

That might be somewhat intentional, Android remembers volume per-device (or in case of wired headphones, one separate volume for all wired headphones). When you connect/plug in a device you plugged in before, the volume automatically changes. Sony could be offloading this logic to the device on purpose.
I honestly don't get what you're trying to accomplish here. The original question was this:

"How does a doctor/hospital/insurer benefit from putting Covid-19 on the death certificate?"

My read of this question is that the person was unaware of the extra funding made available to hospitals taking COVID-19 patients. Therefore, I gave a link to a USA Today article which explained the facts.

I didn't say that there aren't ways for hospitals to make more money than they get by caring for COVID-19 patients. My only point, which I'll reiterate, is that the government provides additional funding to hospitals that take COVID-19 patients.

I haven't indicated whether I think that's good or bad, and I haven't indicated whether I think the additional funding has been abused or not. I just gave information about government funding of hospitals to somebody who asked a question about the subject.

> ten covid deaths have even been rumored (falsely) to be worth

Is there a problem with the USA Today article I posted? If the numbers are wrong, I'll be happy to correct it.

> This is a pointless argument that harms public health, and those who wish to distinguish themselves from Q shouldn't make it.

I haven't made an argument, and I haven't harmed public health. You're still reading things I didn't write and then making assumptions about me with no basis. Please stop. Slow down, reread everything I've written. Then reply here without fighting windmills so we can converse.
I bought one with Ubuntu installed, and have had a few small problems. I.e., power remaining is slightly optimistic: it shut down this morning with 3% showing. Also it seems to have more trouble connecting to paired bluetooth devices than my phone has. I like it well enough to live with these issues. Is there something awful coming soon?
Except that only 50% is actually out to do it.
I don't think it's essential. The Audeze Mobius is able to do this without the source being location-aware. (In fact, IIRC it appears as a 7.1 speaker in your audio settings.)
"You can choose your friends, but not your family."

Not sure when I first heard that quote.
Why is this? Because people compare the used price to the pre-tax new price?
I'm not sure whether you're asking "does this count as breaking that rule?" or "does this count as evidence that HN is overrun by bots?"

Answer to "does this count as breaking that rule?": no, Troy emailed us long in advance and he had lots of specific data that we could look at.

Answer to "does this count as evidence that HN is overrun by bots?": no, our systems had caught most of that activity long before. I posted over 20 comments in the thread you link to, covering a lot of these points; see e.g. https://news.ycombinator.com/item?id=24785165. And if you read Troy's original report you'll notice that the examples he shows of them succeeding come from other places than HN:

https://twitter.com/troyd/status/1315441811658219520

https://twitter.com/troyd/status/1316038695535833089

If there are botnets or rings escaping our attention and succeeding on HN, they would need to be several levels more sophisticated than that one.

One thing to realize is that HN's anti-abuse systems don't always reveal publicly that accounts or sites have been caught. It can often be more effective to preserve information asymmetry and fight the abuse in subtler ways.

Re Rohrschach: the fact that it's considered dodgy is part of why I use the analogy. Most internet speculations about bots, astroturfers, shills, spies, brigaders, foreign agents and all the rest of it, are way dodgier than that.
Is that all states? That just sounds like VAT
The emerald mine story is false, as your second link says.

Please stop just regurgitating crap you read on Twitter.
I believe there is a specific situation in that you must have purchased the goods intending resale (see the other reply explaining raw goods) of a further finished good. Buying something as a consumer, (not) using it then reselling it later is taxable.
China is the largest producer of cultural products in the World right now, Hollywood itself made blockbusters there, financed and co produced by China.

It has already changed, before Brexit was even a thing.

From 2013

China is now the lead exporter of cultural goods, followed by the United States. In 2013 the total value of China's cultural exports was US$60.1 billion; more than double that of the United States at US$27.9 billion.
One thing I have heard about COBOL is that it has a built in, decimal fixed point type. Very few of the modern languages have an native type like this. Having a decimal fixed point type makes monetary calculations easier to do more reliably.
I dont disagree. However I do think the 21 century is partially about the breakdown of certifications and professional organizations and a shift to purely merit.

There are people in FAANG the dont even have any post secondary making > 500k a year as "Software Engineers". How this works without total chaos is that each company has a rigorous testing procedure for candidates.

This cataclysm has yet to reach the field of medicine or law but it is sorely needed. (I say this with family in both).

I understand the difficulty and that the term "engineer" probably should never have been used as a substitute for "skilled knowledge worker" but I would expect this kind of deracination to continue till the economic calcification is no more.
Trump and his enablers are literally leading an attempted coup right now and you think it's fear mongering?
Yes, bridge and board games and television dominate. Because those folks played bridge and board games and watched television.
In case you can’t read it, she wrote, “all except the all-white dude are sheep”, and got an automatic three day ban. Despite the picture actually having sheep in it.
How so?

1) second-hand goods purchased from a non-business are usually tax-free. With the exception of vehicles. You're asked to pay sales tax on these purchases when filing your income tax each year, but in practice, noone does this.

2) I buy used/refurbished tools and furniture pretty frequently. How exactly is the second-hand market being crippled here?
There was no Core Solo desktop CPU but the Core Solo did exist in Mobile Editions:

* https://ark.intel.com/content/www/us/en/ark/compare.html?pro...
* https://ark.intel.com/content/www/us/en/ark/compare.html?pro...