skysight-inc/HackerNews huggingface dataset:
Yep traditional advice is don't burn > 100k / mo when early stage, and most lower. So 2mo+ payroll fine for a normal seed, early A. Later stage are normally more sensitive. It's also a real issue with profitable companies whose outflows are at that level and are considering bigger purchases -- I'd be bailing if we were there just bc that.

Except the last couple years have been bonkers with little revenue / spending alignment during fundraising. Early stage burns are above that level, which makes the situation worse for current crop of co's. Ouch and good luck :(
I always think I want to use notebooks, but end up just using the Notes app on my iPhone because I have it with me nearly 100% of the time and it syncs to my laptop and tablet. Any effort at using notebooks falls apart the first time I don't have one with me—out, or just in another room of the house—and need to take a note.

[EDIT] There's also the fact that, at this point, I write maybe a couple hundred words per year by hand, tops, not counting signing things, and am starting to get really bad at writing by hand, after a decade-plus like that. Like 50% of all the writing a do in a given year these days is probably filling in forms for doctors or whatever, and I don't do that much of that, and it barely counts as writing, really (name, address, that stuff)
The VC ponzi scheme.

1. The Bank lends money to startup

2. They raise money from VC

3. They pay back the loan to the bank using the VC money

4. Valuation raise and the VC shows high returns

5. VCs raise more money to repeat the process

6. Small investors buy shares of high-tech company because bonds yields 0%

It works, until it doesn't anymore.
There is no article, just a single line of text as a headline.
Yeah. He should've just said that Bard is gonna be "thoughtful."
ah, I was responding to that mention in my parent comment and assumed it was correct, but now that comment says "edit" so presumably it was a faulty assumption
Sad to read. This is exactly what Richard Stallman warned about. He would be turning in his grave if he knew about this.
> Those old stodgy banks just slow us down with their old-fashioned risk-averse ways! The cool kids can do it better!

SVB was an old stodgy banks that companies went to instead of the new kids like Mercury, specifically because of the trust. They have terrible UX and mobile app but at least they were solid and had a 40 year track record.
The bigger story here will probably be the follow-on effects, assuming it takes a long time for uninsured deposits to be recouped.

I wonder how many businesses will be forced into a fire sale due to inability to raise cash to cover short-term liabilities. I'm sure some private equity firms' mouths are watering right now.
Me::) given the dictionary entry Αβαρκαμαξας: ιμιά καρός μαύρα φούμαρα σαχλαπαράκατα μαρακαφούλες, and you tell me what the word "Αβαρκαμαξας" means? it's ok if you dont know

ChatGPT:
As an AI language model, I can recognize that the word "Αβαρκαμαξας" is of Greek origin, but the dictionary entry you provided does not seem to provide a clear definition of the word. It appears to be a descriptive phrase, possibly describing the appearance or characteristics of something, but without further context, it's difficult to determine the exact meaning.

Meaning is entirely statistical! That's why languages evolve, and new words and phrases emerge and disappear over time.
Not sure if this is intentional, but your blog posts seem to be ordered alphabetically rather than by time. Having that as default behavior feels a bit weird.
AKA the inversion of long and short term treasury absolutely screwed them and JPow announcing additional rate hikes was the nail in the coffin.
First Republic, PacWest Plunge Amid Wider Bank-Stock Selloff
Alchemy Launches Custom Webhooks
I mean worker rights in Scandinavian countries are rather the exception.
One interesting question is: if you started today, would you be able to afford boxes that cost 60k? Or would you do your software some other way that doesn't require 2TB of RAM?

Obviously when you started your stuff didn't need 2TB of RAM. If I read your history correctly I don't think you could even buy a box with 2TB of RAM back then. That's enterprise grade hardware, which today costs a fortune. Back in the day it would be a bigger fortune.

Instead, you probably started the way everyone else did, with maybe a 4GB or 8GB linux box at home then built things up from there and a bunch of curl scripts and a local instance.

So why the resource requirement? An in-ram database?

Mainly curious.
World’s Largest Biofuel Program Places a Risky Bet
Stocks aren't usually levered at more than 10:1, though. MBS are.
> I see, makes perfect sense then. I would clarify that in the example (maybe add another snippet for querying the status).

It is true that we don't elaborate on this point on our landing page. We will take that into consideration, thanks.

> If your friend is open for business, maybe give them a shoutout ;)

Again, glad you like his work! He's not available at the moment, but we will stay in touch :)
> My house was built in 2005, with a garage made to fit the cars at the time, and with ~177” of usable length (some space is taken up by HVAC + water heater),

20-24 feet length has been common garage size for about a century, as long as there have been garages, well before HVAC or water heaters were common in garages. 177 inches is less than 14.75 ft; even with that being net of HVAC and water heater, you just had a small (and/or poorly designed in terms of HVAC/water heater placement) garage, not a garage "made to fit cars of the time".
No, I think you're wrong.

The reason why depositors are going to lose money I think is because the fire-sale valuation of the assets << valuation on the books. I think depositors will lose a fairly big chunk of their money, maybe 10-30% if not more.

Their money was not sitting around in cash. It was in bonds which lost a lot of value in the last several months. They also have more exotic investments in the startups they work with, which depending on how it works, could get a really bad valuation as well.
To be fair the founder was really incompetent, and the money was pretty much wasted. When the company finally sold it was well worth what my strike price was.
This is what a good debugger can do: https://twitter.com/yiningkarlli/status/1628612150041382912 (Tomorrow Corporation)
I like this article. There are more such tips like that in this series: https://www.youtube.com/watch?v=A919j_5qE0k
> to say nothing of the labor pool for kotlin vs java

This is the biggest issue, in my opinion. Although, if you have a java developer that really likes the higher order features that are being added, Kotlin might be a very easy switch (after some basic syntax learning).

The nice part is everything you already know about JVM performance still applies within Kotlin. So you're not starting over from square-one like you might assume.
They're just saying that many of the assets are insufficiently liquid to be instantly sold off to cover all the withdrawals during a bank run.
Deadlines as Technology
if they bought short term bills they wouldn't have lost value like the 10 yrs did. So, they made a duration mistake.
We got a glimpse of that in the documentary Social Dilemma.

I expect it is going to get substantially worse. With the power of AI, data mining behavior for attention is going to surpass anything we have likely seen before.
It's 17 largest bank in US that is $0.25 trillion assets that is basically collapsed. It is a big sign of possible hyper inflation and much larger banking system problems for the entire world, that is still relying on USD.
They've been acquired by a newly formed bank from the FDIC. I'm not sure that bank will be around much longer than it takes to mark their assets to market, since the press release said they didn't know:

> At the time of closing, the amount of deposits in excess of the insurance limits was undetermined. The amount of uninsured deposits will be determined once the FDIC obtains additional information from the bank and customers.

No bank is gonna buy another bank until that is cleared up.
Indeed, I think you could actually argue that social networks produce a lot of hot air but very little actual action. People seem to burn themselves out on political discussion and ripping on each other for having different opinions, but then they seem to do very little actual participating in the political process. Places like Facebook and NextDoor suck all the air out of the room for a lot of peoples' political ambitions.

In contrast I'm finding that elected officials, aside from some gaffes here and there, are mostly receptive at the local level to the things we're asking for. If people spent the time they spend ripping on each other on social media instead navigating the bureaucracy and talking to the people that work there they could probably effect some meaningful change.
Yes but you were very confident in everything you said that was wrong, so I guess that's all that matters
I don't get it. In my family we only ever add sugar to lemonades and coffee. I don't see other people overusing sugar either. Maybe I'm just not observant enough.

Guaraná is just as sweet as Coca-Cola. No difference there, they both have about 20 g of sugar per can.
You don't think being shoved into equipment or other people, or having your feet trampled/legs kicked is aggressive? Because that's what these aggressive pushers do. It's aggressive, and not in the watered down sense.
Interesting, thanks. What with the bad bet being some fairly boring bonds... that should mean their investment didn't, say, lose 90% of its value or something. Just that the 10% (or whatever it was) it dropped was enough to put them over the edge. But if they sell off those bonds that's still a fair amount of money that can be recovered... right?
GitHub vulnerability management integrations for security professio
It won't take out the broader economy, but it could really damage a lot of small companies in the tech sector.
A couple of days ago, I was actually thinking about the impact long-running analytical queries would have on the costs when using edge functions that are billed by GB-s, so this is a rather interesting solution.

Just a small note that on the landing page, the snippet under Define has the file path `defer/helloWorld`, while the snippet in Enqueue is importing `importContacts` from `defer/importContacts`. As I was reading it, I thought it seemed as if the Enqueue snippet was supposed to be importing from the snippet written under Define. Just thought I'd mention it in case that's what it's supposed to show.
I really love having a work journal, and have been keeping one since 2004. Currently my favourite notebook is the Baronfig Vanguard Softcover. I prefer the "Flagship" size, which is just a bit smaller than A5. It's $13 USD for a pack of 3. They're well made, have great paper, offer a dot-grid, and each journal last for about 5-6 weeks of writing.

https://baronfig.com/products/shopvanguard?variant=206468150...
If you want to dedicate your life completely to work, go ahead, but others maybe just want to work normal 9-5 jobs and have some free time for other activities
Why can't a bank borrow for liquidity so it doesn't need to sell at a discount?
> The fed provides guarantees to banks but not to retail and that's a policy decision we could change, if we wanted to.

Who is "we?" The US is not a democracy. Nothing could stop US elites from overturning the Bretton Woods system, passing NAFTA, and bailing out the banks in the mortgage crisis, so what makes you think "we" could change this policy decision?

Karl Marx showed us how capitalism works 150 years ago. The ruling class rules and the working class works. If you don't like it, you need to move beyond capitalism.
Especially teens. The most vulnerable target age group for anything that gets projected to them as being "cool". Unfortunately the responsibility to steer them in the right direction only lies in the hands of their parents.

Apps like Instagram, Snapchat, TikTok do an incredible job of wooing kids into a void of delusion that would slowly deflect them away from things that matter (education, relationships, socializing etc.) to things that push them into continuous, useless loop of validation and security (think about all the underage suggestive content on those platforms, simply disgusting)
Note that FDIC has a precise meaning for a "bank failure" - many more "failures" occur but FDIC gets there early enough and arranges for another bank to "take over" - more or less quietly. These are usually tiny community banks.
I’m no expert on this but there’s a long history in the fight for an 8 hour work day. Many people (myself included) think we should move to even shorter workdays, or shorter work weeks.

I like the slogan they had: “8 hours for sleep, 8 hours for work, 8 hours for what we will”

https://en.wikipedia.org/wiki/Eight-hour_day
JAMSTACK! or pre-materialized if you coded in the early 2000s or pre-rendered if you coded in the late 90s or pre-generated static files if you coded in the early 90s
It would have to be with new players, as they pretty solidly tied a bow around that cast.
Scandinavia, especially Denmark, are known for having few labor laws. That's the point of the Danish model: few workers' rights
This is exactly what I think about the story. Smartphones are now part of our lives, the only solution would be a global school banning of phones, but it isn't practical.

If you want to give your kid as a present a bad life experience, don't buy a phone, but then live like a person in a cave, while the world goes on.

The real lesson is to be a good parent and define clear screening times, at least at home, where you can, more or less, control it. But a total ban isn't possible IMHO
I'll be honest, there's a chance that this is exactly what they did but that they didn't understand it or describe it properly. My main point was that there are ways to get protection beyond the FDIC limit, and your link shows a pretty reasonable way to do that.
I've found the exact opposite of this starting out. When I started using the debugger a whole lot of things just clicked into place.
Seems like an AI generated comment.
I understand all that but you really want to keep that baby while throwing the water off.

For starters, the 1.5 hours ot TV may go.
The problem is on Debt convertible death spiral. Look at the meme stocks.
DFPI specifically called them insolvent and illiquid, took them over and handed them to the FDIC. I don't think they were all that healthy after all.

https://dfpi.ca.gov/2023/03/10/california-financial-regulato...
If it's all downhill from here, then I guess it will never be funny. You don't speak for "the rest of us."
My memory is a little fuzzy, but back in 2012 or so, this programming whiz applied for a job at Square on the security team (I think?). He was impressive, and had written an SSL implementation (EDIT: it was actually a certificate authority) entirely in Ruby. Breezed through the coding challenges. Just our luck that one of the interviewers was the actual author of that implementation!

Seriously, it was really just luck. It makes me wonder how many people successfully bluff their way through their careers.
It is, and no prudent company should have lost their entire war chest unless their funding arrived just yesterday. But when you're spending $10M or $100M a year, it's operationally challenging to make sure you never have more than $250K in the bank while you're doing it. (It's much, much better to be imprudent and have too much in bank deposits than miss payroll because you have too little.)
Every bank had this, especially during the last two years. They were not the only one. The difference was bad PR and a panic run.
Deleted my account around them. I've just valued privacy more as I've aged. I don't want to "connect" with people I have no interest in connecting with.
At the current prices (and climbing up), good luck with it.
Yeah that makes sense. In aerospace they will fall on the side of accuracy even at the expense of speed. But they also tend to utilize FPGAs that can be designed to handle fixed point calculations quickly but with that comes a lot of cost and specialty hardware.
Terraform is not going to make you cloud-agnostic. If you switch cloud providers, you'll still use Terraform but you will have to rewrite much, if not all, of your TF code.
You may not be wrong, lol
Effectively banned, you don't have to outright ban something to make it effectively not doable
I don't know...
Are we looking back on allowing children access to TV or video games the way we look back at smoking ads targeted at children yet?

We do not vilify smoking because we realized it kills but because smoking has been regulated out of society (because of its cost) and part of this regulation was to change the public perception of it. I don't see in the west a similar regulation targeting social media any more than I've seen one targeting stupid TV programs that were probably also damaging children mental health. Unfortunately.
What are you even talking about? That is literally the same tactic used against leftists. That you think only the right wing in persecuted in this way is telling.
Creating a New Moral Political Economy
I assume the parent comment is talking about "thinking" (not that I have any personal experience with that).
South Korean government proposes increase in work week to 69 hours from 52
Maybe it's time to get rid of fractional reserve banking and change it to full reserve banking.

We really don't need a bunch of fake money flying around. It's time to have every dollar in the wild be a real dollar.
Excellent! This is what a Doctor should prescribe for high perf requirements.
Are there not working rule limitations for everyone? It sounds like this will effectively limit them to a 4 day work week if they're working 12 hour shifts, barring overtime.

>The state of Karnataka passed an amendment to the laws allowing 12-hour shifts and night shifts for women. Women dominate electronics production lines in parts of Asia, but are underrepresented in the Indian workforce. The legislation limits the maximum workweek to 48 hours, but also increases the number of overtime allowed to 145 over a three-month period from the previous 75 hours.
Member Management in Cloudflare has been broken for months
I hope so. I found the author's email address. I'll ask her
What a sad world we live in where the ability to work for 12 hours straight is seen as a good thing.
There are precedents for restricting foreign actions within a state throughout history
I think the main takeaway is that India (well, in the state of Karnataka, population 64M) now allows 60 hour work weeks for non-salaried people of both genders. Not as an exception, but as an average.

And that Apple was behind this. It's pretty hard to view this as a positive change.
No bank is healthy once all its depositors pull their cash out. What their balance sheet looked like before the panic is what I'm talking about. Every bank dies from a bank run, period.
I suffer the same problem and recently I've found those cheap $3 pocket-sized flip notebooks to be my solution, and so I have 1 in my office, 1 downstairs, 1 in the car and 1 in my coat pocket. I make sure to actually tear out old pages and throw them away so it's always fresh and nothing at all is permanent.

Biggest and best life change I've made in a while! Get some cheap notebooks and throw the pages away as you use them.
This interview keeps coming up, and I don't really understand why. It's utterly uninteresting. Bezmenov had an inconsequential role in the KGB. He was not privy to any large-scale details.

Bezmenov defected in 1970. After his defection would not be privy to any new information. The interview is from 1984 and not 1985 as the title purports. Ultimately, the claims in this video are categorically false. We can observe this in two ways.

First, after the collapse of the USSR no information on these efforts was revealed. Bezmenov claims 85% of the KGB's efforts are spent on this supposed program of ideological subversion of the American public. And yet, we have seen no documents. No intelligence from the US side. Nothing.

Second, he claims the subversion was put in place to change the schooling system and thus indoctrinate the next generation. Keep in mind that this program would've had to be in place by 1970. And quite a few years earlier than that too since, again, Bezmenov was not a particularly privileged member of the KGB. And if we were to assume the program is real the changes should blindingly obvious in hindsight. But in fact, there are none.

So we must look a little closer at Bezmenov - why would he claim these things, and why does the interview keep resurfacing?

At the time of the interview there was a great panic around communist influence across the country. We're in the middle of Reagan's first term as president. Reagan was hawkish on perceived communist sympathies, just like the rest of the Republicans and the mainstream American right-wing. The market for people claiming that the ideological foundations of their political rivals is grounded in communist indoctrination. They wanted to hear how homosexuality becoming more accepted, a call for racial equality, and a general anti-establishment attitude was, in fact, Soviet indoctrination of the schooling systems.

Bezmenov earned his living peddling what this large group of conservatives wanted to hear, and that is where his lectures and this interview come in.

Today we see claims of "cultural marxism" and "post-modernism" infecting universities, and thus infecting the minds of the very late cohort of millenials and the early cohort of Gen Zs. It's the same dance of comfort we saw in the 80s playing out again. The interview isn't someone predicting the future because of some special insight. It's someone playing into the 80s "culture war" and people recognizing that a similar "culture war" is happening again today. A "culture war" that will continue to happen as long as societies continue to evolve and re-evaluate their collective values.
Gotta get those black budgets somehow.
I don't think the signers count towards the limit like a personal joint account does and would keep a business account at $250k.

https://www.usbank.com/bank-accounts/fdic-deposit-insurance-...
> The US has banned Russian media

Some European countries may have, but America has not. I can still read RT just fine.
When helping clear out a deceased relation's house, we found pretty much every piece of cut glass (wine glasses, whisky glasses, decanters, bowls etc) was chipped. That was a good sign that it had all been used and enjoyed.
Spending time in the rural US I saw a ton of the street legal side by sides. They're expensive new!! You can fully just buy a car for what some of them cost. They also tend to be loud as balls, not sure if that's an aftermarket thing.

They're a lot more nimble on unimproved roads than the massive trucks and SUVs people tend to drive now, but part of me supposes that if people just bought smaller vehicles they wouldn't need a side by side AND a megatruck to tow it places.
I don't think I've ever read so much nonsensical word vomit in my life.

And I say that as someone who owns and operates a bunch of (relatively) successful social media websites.

> The set of content processing algorithms is relatively fluid as new types of content become prominent and new algorithmic capabilities emerge. The set of content propagation algorithms is relatively stable.

This is the wrong way round as well. Content processing is stable, but it's the 'content propagation algorithms' that change a lot of the time.

And using the word 'algorithm' more than 200 times literally just makes it lose its meaning.
> I think its really weird to get bent out of shape about this stuff.

Hardly bent out of shape. Literally amused. Unintended irony of all sorts is generally amusing.
They chose to buy the much riskier bonds to support their very high 4.5% savings yield.