skysight-inc/HackerNews huggingface dataset:
Another idea uses valuation concepts. To valuate today you set up a lookahead window of say 10 years, and you sum future discounted cash flows, so sum year-x money discounted to actual-year time value of money [1], that depends on money, time, and interes rate (and sum also a terminal value). So even if cash flows projections stay similar, a discretionary upping in %5 in interests rates in a year that lingers undefinitely impact down valuations which should draw prices down (note though that this reasoning applies to all companies, not just some faang)

[1] https://www.investopedia.com/terms/t/timevalueofmoney.asp
I'm reasonably certain that I'm not your father but I used to do that too - although I don't think I made it into the hundreds.
that's ok
I gave up too (after a 6 years on my second company)
I get back to a full time job
I have more sleep, earn more, travel more and much more relaxed
Now if I build something, I do it just for fun without any expectation
Maybe in couple years I will try again, maybe not
After wikileaks/Snowden this is just not news anymore. I really fail to see what's new. What am I missing?
Quitting Something You Love
> It's like continuously rolling two dice, and you only need to get double sixes once, and after that it's private jets until you die.

I’m stealing this. Fantastic analogy.
Yes, 100%. Capitalism is like a gigantic genetic algorithm. 100 people try 100 slightly different business models, in slightly different places, with different customers, etc. and some combinations just hit that sweet spot that makes them successful.
Great point, any way to know if MSG makes more in beer sales than they do in ticket sales? And it must really threaten Dolan if lawyers can show the venue is overselling to already drunk and rowdy attendees.
Thanks Dang! Appreciate all the work you put in!
I think this ignores the reason jargon exists. -- To demonstrate that the speaker is part of the "in" crowd.

If you stop using jargon then people assume you don't know what you're talking about. This affect is real. Your precieved credibility goes way down when you stop speaking in jargon.

It's the reason that the speaker used all of the tech jargon (launching a website). If they didn't do that then we would think they didn't know about websites.
Their total tax burdens are much higher than US citizens' tax burdens unless you're making 7 figures of W-2 income. The top marginal tax rate kicks in an order of magnitude lower in those countries, and hits most of the middle class. In the US, it hits very few people.

Also, the military is 20% of the discretionary budget, but 10% or less of the total budget.
The best way of expressing this was posted in the comments when this issue was raised a couple days ago: the scale enabled by technology means that decisions that would have had to be reasonable before can now be made unreasonable by applying them at scale - and in most cases without the nuance applied when done by humans.

In essence, it's fair enough to ban the legal team suing you, and in the past you would have to restrict it like that, because who's going to check against 1000 photos on the wall, right? But when it's automated, it's probably just easier to ban the whole firm. Is it fair to ban some paralegal who works in probate law from seeing their favourite artist or attending a show with their kids because someone in a different state in a different division is suing a different division of the giant conglomerate that owns the venue? I think that crosses a line for most people.
There are a lot of things you can do for your mental health. Good habits for diet and exercise go a long way. Learn how to manage your stress. If entrepreneurship is taking a toll on you, then by all means do something else, you may come back to it one day in a better state to try again.
See what is unencrypted in your LastPass vault
It definitely is. Just because success mostly boils down to luck, doesn’t mean that people realize or acknowledge it, which leads to unhealthy obsession with “being successful” that permeates the society.
Like with anything publicly traded, the price of a share is principally derived from belief. Much of this belief comes from a person projecting where the price will be in the future. With Tesla, many people and institutions projected that that price would increase in the future. Now many of them do not.

Belief in the direction of the price can come from examining the financial fundamentals of a company and the perceived value that it may increasingly generate ("fundamental analysis'). Or it can be speculative, where people believe other people will buy (or sell) more based on observed buying/selling activity ("technical analysis").

With Tesla, many investors were using their own version of technical analysis that far surpassed the valuation that a reasonable fundamental analysis would have derived and even derive today. There was and is a mania, much like there has been and there is for many forms of cryptocurrency.

The recently declining price is likely due to a collective perception that Tesla has been overpriced and, due to recent factors, that the fundamentals that justify the pricing for a share will diverge even further from its recent pricing. From a fundamental level, Tesla was unlikely to justify its recent pricing. An irony is that the earlier mania was so intense even today, after such a pronounced plunge from the start of the year, it likely remains seriously overvalued.
> Getting lost on the city due to a wrong turn or similar and having to figure it out by yourself. You could ask at some gas station, with varied results

We had this miraculous invention called a "map." Local ones were usually free. I did a lot of cross-country driving and got turned around once before making the habit of picking up a map on arrival to a new place. After I started that habit, I was never lost.

> Very poor public transport info

Similar to maps, when I was using transit, cities provided paper copies of bus and train schedules. Help lines were staffed by actual humans who would help with complex route-finding. Librarians were great for that too.

> No food delivery services, you could order pizza and that was it

Not true! I had vietnamese, chinese and thai favorites that all delivered in the late 90s. And that's not even a thing. Even today, you can still use a desktop for food delivery, no phone required.

> No convenient messaging of other people independent from wires. You had pay phones and that's it. And maybe you could leave a message

Yeah, we had this thing called "peace and quiet." It was amazing. People got bored, and found creative outlets. And yeah, get-togethers required more planning, but we didn't have this "social freeze" bullshit where nobody commits to anything.
Software Engineer: When you open a website, I work on everything that's visible on the page. Sometimes I work on what's not visible, like with databases, passwords, etc.

Specific role at job: I work on a user dashboard and profile page. Users can set up X, can see what X they have, and can check the statuses of other things. My team's biggest problem is figuring out how to get users to do Y without getting stuck.
But we decided companies must bake cakes, didn't we?
Your taxes shouldn’t be based on where your HQ is but rather where your customers are.
Vietnam war lasted 10 years.

Let's see if Russians might turn things around before the Americans did!

I don't expect so but it's in part because by shunning the Russia people we've weakened their ability to resist their government. It's ridiculous that the first response from social media was to block Russia's and now be a conduit for the average Russia to see the truth about the war.
worked well for Rome
I agree. Though you need to be more focused on the writing instead of just enjoying the book.
> The people you rob (the ones paying the bulk of taxes) have a lower incentive to produce.

And yet when the top tax rate was 96%, Americans still produced.

When I was 12, I was impressed by Atlas Shrugged, but by the time I was 17 I realized it was ludicrous.
Musk is not stepping down, he’s trying to get around the results of a poll that he lost but said would abide. He said he’ll step down when he’s found someone qualified to replace him. That will either be “never” or “a sock puppet”.

He’s already putting ridiculous constraints on the position, that the new CEO must invest their life savings in Twitter to get the job. Hard to tell if he’s serious about that or not because it’s very far from the craziest thing he’s said lately.
EU has a market on legislative base, however in language, culture, ... it is split. It is very hard to build a company serving larger parts of Europe.
but Tesla would literally have to have sold something like as many cars as the five biggest manufacturers combined

Just to give some nuance to the high evaluation of Tesla - Tesla does produce around 10 times as many _electric_ cars as, what I think are their two biggest rivals globally, Hyundai Motor Group (KIA+Hyundai) and Volkswagen Group does. Tesla has also consistently been outpacing both in how much their production capacity of electric vehicles grows year-over-year.

I think the evaluation dip of Tesla is very much related to:

1. Current state of general economy.

2. Investors realizing how absolutely bonkers its CEO is and his total lack of empathy for others than himself and his own ego.

3. Elon selling a lot of stock to finance his Twitter shitstorm.
For what it’s worth, it seems like you put all of your eggs in one basket. You need to have clear indications of success AND failure. There’s always a point where you say, “it’s X months so far, none to minimal revenue, burn chart indicates this project will go under” and actually kill/shelf the project.

It sucks that you got the idea that it was ever “easy” and your mental health suffered as a result. I fucking hate those people. These are probably the same people that say “programming is for everybody. Anybody can write code”. In reality, it’s just not.
Firebase has a ton of users, but most of the users seem to be independent devs and hobbyists, with a small number of large clients. It's possible Firebase tends to attract non-hardcore users because of its superb UI/UX, which makes it extremely accessible for beginner devs and hobbyist programmers. But apart from a few features (which don't generate revenue, like Auth and Cloud Functions), Firebase has a hard time getting established companies to use them because at the end of the day, they're built on GCP, which has the lowest trust factor among the Big 3 - no serious company is going to trust the longevity of Google Products.
Nobody, at least in the US system, gets very wealthy just by working hard.

At the very least, you have to start out with wealth or a strong support system (which is down to luck in your input conditions), or get fantastically lucky in your first(-ish) attempt at starting something.

Then, if you want to make the kind of money that, say, Bezos or Musk makes, you have to make the kinds of decisions that many of us simply would never make, because they're morally reprehensible. I wrote another comment about this [0] on an article about a week ago, but basically, in the very best case scenario, once you're past the point where more money would make no material difference in a healthy lifestyle (which is going to happen, at the very latest, somewhere in the millions), if you're using the excess to make yourself more money, rather than help improve other people's lives, you are being selfish at a level that makes you effectively indistinguishable from evil.

[0] https://news.ycombinator.com/item?id=34013858
Books that venture capitalists read in 2022
I'm sure Apple will still replace it for you for the right price
Not all of Europe runs on a 50% tax rate though. My tax rate as company director in the United Kingdom is somewhere around 25%, and I can afford higher salaries than the rest of Europe while still enjoying the basic safety net of public health care.

But I'm originally from Italy, and the tax rate is exorbitant down there as well, with ridiculously low salaries.

You do you, but there is more to life than gross income from your employer. This is why I'd rather stay in this continent.
The Colorado woman who helped a global art smuggling operation flourish
Most likely because they are de-facto monopoly, so they will take as much as they can.
VisionFive2 is RISCV based but I take your point!
In which case, there would be evidence of that. Prosecutors are notorious for wanting the biggest fish out there. While their might be bigger players that are getting away with this, it's also not unreasonable to think that it happened as the evidence shows.

Basically, rather than make stuff up, I'd rather go with what the evidence shows and what can be proven. It's easy to hide in a big company, and it's at a bigger company where it's a lot easier to abuse your position without anyone else, including higher ups, knowing.
I'll be lucky if I can afford a single family home after 20 years of software engineering in the US. halfway there now, we'll see. Moving to a senior position has helped but I feel like a lot of people forget that the compensation in SV is not normal in other places.
The scientific consensus is that therapy doesn’t really help much for sufferers of ASPD and resources are better diverted toward the people they hurt. I donate to a homeless shelter in my area and give money to homeless people to make up for the havoc I wreak here.
>If the company can refuse to bake a cake,

If you are referring to the Masterpiece Cake suit from Colorado, I'm pretty sure that the cake maker won on a technicality: table single member of Colorado's ruling authority said something religiously discriminatory against the cake maker which made their ruling discriminatory.

The general question of "can a private cake maker restrict who he makes cakes for" is still unresolved (legally, in the US)
Citation: I started two failed startups while working day jobs... and could afford for them to fail because I had solid work, despite the thousands of hours I had invested in them over years.

You can't really tell if something's possible if you begin by simply complaining it's impossible. Is the world rigged toward helping rich kids? Sure. But fools and their fortune are quickly separated. Using inequity as a basis for complaining and giving up before even trying is really the fastest road to bitterness... and it's not even a fair or knowledgeable take, since it doesn't come from true personal experience or personally failed attempts which are, if nothing else, highly educational.
Because 1) you don't want GC pauses 2) you don't want GC code to bloat the VM 3) You don't want memory leaks 4) You don't want people to not know what they are allocating 5) Static allocation is enough to make anything.

6) int arrays do not have cache misses (but you might need to pad them to avoid cache invalidation) 7) parallel atomic multicore works on int arrays out of the box!
The Enterprise Value calculations subtract cash from debt to determine the net debt level. Most think you should also subtract customer receivables as well. In VW's case that is about $150B. So VW's true enterprise value is closer to $300B in my opinion.
That would violate the Java specification, i.e. it's not Java. On the other hand, what you could do is only allow allocations to succeed in class initialisation (Java's "static") and throw an error if done outside it. Note, however, that even adding an element to a Map outside of initialisers would fail when using OpenJDK's standard library even if both key and value have been preallocated in initialisers, as it may allocate an internal node and/or a new hash array. So you may want to change some of the standard library to make it more useful with your restrictions.

But you may want to ask yourself why you want to do that. OpenJDK's GCs have become really, really good in both throughput and latency, and the main thing you pay in exchange is memory footprint.
> (work for almost 2 decades as an engineer just so you can afford the average one family home - what a joke!)

I really don't understand this take. Why so many engineers feel entitled to have more than the average working Joe? If you are employed, our work is not risky, doesn't consume all your energy or your time, and so on.

I fully understand the _economics_ behind our salaries, but I am more than happy to give 45% of it to the society as a whole, so also who cannot afford the economy of scale (e.g., nurses, teachers), can still have a decent life.

I really cannot grasp the individualism about "I know how to write code, I deserve a better life than 95% of the population".
Show HN: Teetty: a CLI tool to remote control a program running in a terminal
I needed to remote control a program (and read it’s output) while that tool should still be fully interactive for the user. Obviously there are things like tmux and more but they emulate an entire terminal.

This is simpler in that it just sets up a pty and basic pipes or files to send stuff in and read from it.
Why don't I want live syncing between my phone and my laptop? I use my phone quite a lot despite my laptop being within an arm length or two. Having new passwords accessible between them seems like an obviously useful thing.
Similar - more precisely another term for "enslaved". The subtle distinction in my mind is that enslavement is forceful, while enthrallment is more like people voluntarily baring their neck to a vampire, hoping for dark powers.
I am old. I have had two companies and about half my adult life self-employed. I have never gotten rich. I had fun for part of the time in each company or situation. Less fun for the rest. Here is my advice:

Don't every do anything that is not fun. Don't ever do anything you cannot afford to do.

This means do not waste your very, very short life on ambition for its own sake. Only start a company if it is fun to be doing it.

Don't gamble your economic future. You have to pay for things. Failing to save for your old age is as irresponsible as not saving money for your kid's education or making your spouse pay all the bills.

When I recognized that my fantasy of self-employment and riches was never going to be real, I got a job. It felt like a vacation. Someone else figured out what to do. I just solved the problem. Direct payroll deposit is like magic. You wake up one day and your bank account is full again.

Putting money in savings is like an orgasm. You can do it again and again and it always feels good.

Americans have this insane idea that work and business are so so so important. Like this kid, I have been through it. Unlike him, for decades. I am telling you: Capitalism is very often toxic. Don't do it unless you are doing something fun and can afford the price while meeting your other responsibilities. Don't do it at the cost of your real life, friends, spouse, kids, hobbies, books.

You only live once. Business is absolutely not the right priority. Nobody old wishes they had worked more.
About longer videos for Twitter Blue subscribers
> After pointing to the NIST standards (and two other references) saying that that reduced security and saying "we're not prepared to reduce our security"...

Tip for those in settings with compliance reviews and cybersecurity insurance: get your PCI DSS, SOX, and other auditors, and cybersecurity insurance underwriter on board with these standards as well, with written statements. Then if Big Customer Co. pushes back after you say, "we're not prepared to reduce our security", ask them in a friendly way to hold an N-way meeting between their auditors and insurance underwriter, and your auditors and insurance underwriter.

This gets them to switch off their demand. Every. Time. If they don't back off on their own, their auditors and/or insurance underwriter makes them back off. I've yet to have such a Big Customer Co. push it to the point of asking more than one of their own auditors, though. Usually it is someone not in auditing and insurance underwriting blithely following outdated policies written in the Stone Age that still need updating, and most are grateful for the updated clarification.

You have to get out ahead of the business risk though for this to work: you need to properly socialize the delay this puts on the deal "while auditors and insurers sort out the risk". This is where soft skills shine.

This approach will also take care of the response user patrakov gave ("NIST is an American institute, and we are a Japanese company, we have our own standards that differ, and must follow them"), once it gets to the insurance underwriters talking it over on how to divvy up the risk and amend their policies if necessary.
For a full picture factor in outgoings for world class health and education per person (and other benefits that are free | much cheaper than US); these are very low cost for individuals and offset higher taxes by offering better value for money.
You should visit Tokyo. Japan spends very low on welfare.
> no outsider is going to jump in giving away their product just to grow market share

I wonder how much innovation is being stifled by this practice. I know I have at least one very viable idea (I've shopped it around) that could result in substantial improvement to the overall Internet experience, and I'm doing nothing with it because the minute I make it available, a Big Tech company will either steal it, try to buy me out (and I don't like them so my answer will be no) and then copy/reverse engineer what I've done. So I've opted to spend my time/energy on something else.

Basically what's the opportunity cost of these uncompetitive practices for the industry and field of study as a whole?
I actually totally disagree with this. Developer tools are probably one of the easier segments to tackle because technical people 1) like trying new things and 2) often have company credit cards that don’t have to justify expenses.
>No convenient messaging of other people independent from wires. You had pay phones and that's it.

In transit? Sure. But we knew the numbers of friends, relatives, offices.
What is fuchsia used for in production? I wasn’t aware that anything was running it yet.
You're overblowing it. Yes paredit etc will be faster, but just using normal editing in an editor that has decent generic treatment of parenthesis and autoindent is not too bad, and certainly not unusable.
People learning about this for the first time. Snowden/wikileaks weren't even the first ones to share this. It's been well known for decades. It's not a secret. It's well known and well established in many industries.

And why does this happen? Because money. Every single tech darling plays along. Chances are, unless you knew for a fact you weren't participating in this, you were at some level.
I work for an insuretech startup and have been through a number of compliance gauntlets with large enterprise insurance companies. Appealing to NIST recommendations for why we don't auto-expire passwords every x days and don't require anything more complicated than at least 10 characters has worked on every occasion.
Unfortunately, I think most governments around the world, despite efforts to make government websites easy to use for everyone, still fall short for a good chunk of the population.

I suspect there might be a better approach... Eg. A 15 minute phone call or meeting once a year with a 'government expert', whos role is to ask about your life, and then enroll you in any government programs which you would benefit from.

For those who would benefit from government assistance and aren't making use of it, meetings could be longer or done with a subject area expert.

For example, in the UK, under 50% of people eligible for free monetary benefits from the government claim them.
Sad to see it hosted on one of the most far-right, fake-news spreading French website https://fr.wikipedia.org/wiki/Fdesouche (today's headline is a terrorist attack that killed 3 persons in Paris this morning… perpetrated by a far-right extremist).

The same PDF can be found here: https://www.scribd.com/document/543481333/Woke-commission-eu...