skysight-inc/HackerNews huggingface dataset:
Start collecting all the evidence that shows how bad these people acted before it disappears into the ether and prepare rebuttals that you can copypasta on Reddit, Twitter and wherever else they post their PR garbage...
If you know what's in the object cast it as that type or be sure by saying if ('propertyName' in unknownObject).

TS is far from perfect. These aren't its ways (it provides any, so of course it's fine with it). These are my restrictions: if you're using a type system, actually use it. Don't lie to yourself and throw anys in your code.
It would also be a shame if FSD got an OTA update to drive on the other side of the road. By accident, of course. Bugs are so hard to discover.
No, I’m telling you “JPM” is just an abstraction for you (the shareholders collectively, not just you personally).

That periodically the profits associated with that abstraction are distributed to you is a function of that, not a disproof of it.
Conflicting Reports Thicken Nord Stream Bombing Plot
In practice, they yell for what's happening - making depositors whole through government means. Or maybe additional regulation.
Per person, per bank, per account ownership category.

https://www.fdic.gov/resources/deposit-insurance/brochures/i...

If you had a single-owner account and a joint account, you would have $250K in insurance for each of those accounts.
In finance there's a lot of employee transition right after bonuses are dished out, and incidentally SVB just delivered theirs

https://www.cnbc.com/2023/03/11/silicon-valley-bank-employee...
Yup, I think this is the most accurate one-minute assessment of the whole debacle.
Feeds are from liveatc.net but looks like only some are available.

https://www.liveatc.net/feedindex.php?type=international-eu
It takes a hobbit.
For the record, no Bitcoin maxi I'ever ever met has asked to be bailed out for anything.
I wrote a novel (action / psychological thriller). Second book is again a thriller but with time-travel, but it isn't sci-fi.

I haven't tried writing science fiction but enjoy reading the genre - currently reading Dust by Hugh Howey. Thus, I tend to stick to the current world as I understand it better.

Your books sound interesting! I'm impressed!
> Just a way to talk about what you're doing without specifically mentioning that "we're doing this to get more money", which is the actual reason anyone ever does anything.

blanket statement, also bullshit. Of course money is a driver, but if that's your only driver as an entrepreneur then you're likely not going to be very successful. In fact, this is the primary difference between VCs and builders.
Signature Bank seems like it was a crypto bank...

If they used bigger banks, this would less likely be a problem... Or a much bigger problem.

These banks have less than 250 billion, while Chase has 3.5 trillion.
All investments have risk. This is one of the risks associated with meager yields - very rare but possible wipe out. If depositors were always guaranteed then what would prevent high-risk banks that promise huge yields but ultimately just rely on govt backstopping when they go under. Who pays the cost in that case? Even 'guaranteed' investments like cash or treasuries are not guaranteed, there are failure modes.
in my personal opinion most if not all modern startups are seeking to create a system in which rent seeking behaviour is the end goal.

The stereotypical SV playbook is to enter a market, don't give a crap about the local regulation or laws, try to get big by using your cheap money to outstrip to competition and do rent-seeking when you are the largest.

Also, a lot of startups are solving non fundemental problems.

We should be spending all that engineering effort fixing things like climate change, food security for the global south and a way to deal with the aging population in the western world instead of thinking about algorithms to get more clicks on ads.
If you like this you might like the song Contact by daft punk
https://open.spotify.com/track/2KHRENHQzTIQ001nlP9Gdc
The max all-core turbo frequency of Intel's flagship 60-core Sapphire Rapids model is 2.60 GHz. It costs $17,000.

The equivalent AMD 9554P processor has 64 cores, and has a base clock of 3.10 GHz for just $7,100.

The AMD processor's boost clock is 3.75 GHz, which means it is about 50% faster if you factor in the extra 4 cores and assume that both processors have roughly the same IPC.

The price/performance difference is just staggering.
I'm sorry but if someone is trying to get a job with the title, "Software Engineer" in it and they cannot do a nested for loop (the slow O^2 solution) I don't know what to tell you other than that person is not fit for the job.

In terms of basics it's akin to "fizz buzz".
FDIC insures accounts to $250k. Why would any sane and rational person put more than $250k in any one account?
Absolutely. People like Garry Tan, Sam Altman, Michael Seibel, Paul Graham, Mark Cuban, all pushed hard to keep their money, not caring if it's at taxpayer expense. Rich people tend to only care about helping others when it aligns with helping their own pockets.

This may have been the most prudent decision by the government, though it'll be hard to say what would've happened otherwise. But in the end, it sounds like the average person will still be negatively affected, by having small accounts under the $250k limit subsidize insurance for larger accounts.
> I would be very surprised the Russians are not doing it at some scales.

They certainly are - https://www.gpsworld.com/ukraine-attacks-changed-russian-gps...

The live map of where GPS is getting some interference - https://gpsjam.org
I end up eventually absolutely hating being told
what to do or how to build something

Yeah, that's what the MONEY is for
Any doesn't mean "doesn't care". Any means "YOLO, do whatever you want, I'm one of those cool parents who'll let you smoke and drink beer."
I would add, it's just hilarious to see so many claim "it's not a bailout because shareholders were wiped out!" Everyone knows bailouts are bad, and that people shouldn't rely on them. But they want their money, so of course _their_ protection isn't a "bailout". It's just . . . depositors made whole!

Yah. A "bailout" is any injection that makes whole any interested party facing losses. As in "The depositors were bailed out".

The hypocrisy around this is really disappointing.
>It seems like the situation in the US is highly location/pharmacy-specific.

Anecdotally, this definitely rings true. I recently moved from Dallas-Fort Worth to a VERY rural part of west Texas (population >2000). The only pharmacy within an hours drive, which is 30 minutes away in a town of ~20,000 has filled my prescription regularly. Back in DFW I know of three different people who have been unable to get their Adderall filled for months. And there's a pharmacy practically on every corner out there.
In a way that's kind of shitty, I mean... it's basically turning the world into Potter's ville from it's a wonderful life.

I mean, we're already mostly there, personally I think FDIC should insure 1mill+ for smaller/regional banks and 0 for "too big to fail" banks that will likely just get a handout if they ever were to "be close to failing".
Why not? They're depositors like any other. The bank is at fault for making risky investments. VCs didn't cause that any more than the other depositors did.
This is setting a very low bar for entrepreneurs. What else should be only a "mature company" problem? Should startups also not have to care about doing a good job in other fields orthogonal to the product itself like recruiting, marketing, governance, accounting, security? These are all things that come with the territory of starting your own company. Managing your own finances is just one of them, and it absolutely should be the startup's responsibility. It can delegate if it wants to, but "I'm too small to address it at all" is just naivete or incompetence.
Oh, so they, wanting an advantage, made a choice that turned out to have some downsides as well? That sounds like a situation where they have plenty of agency to me. Especially when there are alternatives like putting their eggs in two baskets.
If every passenger vehicle were a ford lightning and every truck or commercial van were a class 8 electric semi the average charging load would be under 200GW.

Fuel demand doesn't vary much by week or by month, so only diurnal storage is needed.

Just plug most of the vehicles in when parked, and then duplicate or separate 1 day worth of battery (5-20% extra) and put it at the charger or generator for the rest.

Suddenly your 1200GW 'requirement' shrinks by 90%.
Shareholder scrutiny preceded and caused the depositor scrutiny.

Edit: I guess the point is that without the threat of depositor scrutiny, shareholders would have no reason to care about SVB's poor investment decisions, since they were only a problem in a bank run scenario caused by depositors. Failing that, the only risk to shareholders would be regulators, and regulators weren't doing anything about this problem, they were enabling it. I think you're right about that.
The Fight over Penn Station and Madison Square Garden
>2. The async nature of the library is unpleasant. Can never be sure when/where your code will run.

>3. Lots of 'magic' Python variables and methods that you have to override, but there's no way to discover them in your IDE through the type system ...

>5. It seems to leak memory.

Welcome to Python. =)
> I end up eventually absolutely hating being told what to do or how to build something, especially when it seems to me like it's clearly a terrible way of doing something or if I feel like I could have come up with a much better approach

Firstly it sounds like you're arrogant, and believe your solution's are superior, which may not be true. Secondly if your solution was actually better, then why didn't the team consider it? A good workplace would value your idea, regardless of your title.

> and please don't worry about offending me, if there's some cold hard truth I need to hear it's OK, just let me have it.

I would say you need to be more humble, don't think your ideas are "a better approach" until you've proven them to be.

But also join a company that values each individual's contributions, rather than passing orders down.

Lastly don't "hate" anyone, reserve that space in your head for more constructive things
This is the same reason I eventually learned and stuck with Vi(m). Implementing a project on a massive array of SPARC Solaris boxes and every "easy' tool I'd learned just... wasn't there. I had kind of learned Vi at that point, but wasn't remotely proficient in it, and had only gotten as far as I had due to a bunch of cool plugins I'd installed that definitely weren't available.
> But, either eay, people dont humiliate smokers the way they do with fat people

No, we just tax the shit out of tobacco, exclude them from certain insurance plans, blame and shame them about smoking indoors or inside vehicles, and tell smokers to go huddle outside and off to the side, away from doors, windows, and air intakes, while they do the thing we don't like.

Or were you thinking of air travel, where the difference between a smoker and a non-smoker is either negligible (because they aren't currently smoking), or completely excludes the smoker from the activity (because 16 hours in a plane is too long without a cigarette for them).

Humiliate them? Not often. But we sure as hell told them to take it someplace else; anyplace else, just not near the rest of us.
If you care about that write some unit tests. I'm sure you'll be very proud of yourself for stopping censorship every time you see isModelRacist() in green.
the long term fallout was never going to come from only getting 90 cents on the dollar vs 100%

it’s the fact that the lender most willing to work with non traditional borrowers eg tech startups is now gone, and there’s no bank or lender that will replace them. if anything this will mean lending standards will tighten, and it will be very difficult for any customer with a SVB credit line to find another bank willing to lend to them on the same terms.

this is also coming at a time when more startups relied on debt to fund their companies because the equity raising environment is so tough, so now many founders might be forced to attempt to raise equity in a tech bear market on very bad terms if they can at all
What were the risky bets?
No, depositors learning that banks aren't safe is in fact real bad for banks (and everyone else).
Because shareholders often think they can dump them on someone else before they go to zero. See shitcoins.
> The CEO may have made out like a bandit, but the shareholders lost everything, and the next set of shareholders will think twice before retaining a CEO that engages in high-risk activities.

OK, so you can only rip everyone else off massively once.
Apparently all of the Intel Sapphire Rapids CPUs have the accelerator modules, they're just enabled by a software license. A safe bet is that all of the hyperscalers would have them enabled, otherwise these Intel CPUs are pointless and totally uncompetitive with 9004 series AMD chpis.
> If you had the wit to think "hey, maybe I should be careful with $5 million" and bothered to put it in T-bills or an insured sweep, you're just a nerd who should know the Government will take care of such things.

It creates the precisely wrong incentives. If you run startup and spend any time, effort, or money to mitigate these risks, you're being irresponsible. The Fed will bail you out, stop wasting your precious runway on nonessential things.
Yeah it basically codifies “spirit” vs letter. Too far outside a reasonable mandate and it can still get challenged.
That's a complete misunderstanding of JIT. If SVB were running according to JIT principles it would have matched the duration of liabilities (deposits) to the duration of assets (the bonds it held). In fact it held long-dated bonds, which is analogous to keeping a lot of inventory on hand for a high-throughput manufacturing process: the complete opposite of JIT.
Philosophical problem of "justified true belief"/Gettier problem. (https://en.wikipedia.org/wiki/Gettier_problem -- I learned about this from one of the Rap Genius founders when I was back in YC, lol.)

Generally the law handles this through the "reasonable man" standard; i.e. "would a reasonable man, knowing what you did at the time, have done what you did?" This would allow you to shoot someone in self-defense who was holding a realistic looking toy gun at a child (which you believed to be a real gun, unlawful intent, etc. at the time).
Breaking Up with Heroku: How I Found True Love with Rails/Elasticsearch on K8s
Why did 250k Britons die sooner than expected?
> Insolvency is a state of financial distress in which a business or person is unable to pay their bills.

This isn't true. If you eat at a restaurant but forget your wallet, you can't pay your bill but you're still solvent. You have assets to cover your debts. "Can't pay your bill" is too broad a statement to be meaningful. There are many complicated financial instruments and needing time to make a payment doesn't automatically make you insolvent.
I tried option 2 and it didn't seem to do anything either.
This is inaccurate. In no way did people have to turn to their personal finances to help companies that their company invested in. That is like your banker, seeing your dire situation caused by a third party to you, and writing you a personal check… That is actually what happened across multiple situations I witnessed. Not saying these folks are saints but pretty unexpected to see.
100% of USDC reserves are also safe and secure
"The depositors “took risks” by literally keeping their cash in a bank?"

Yes. They noticed other banks would not take their money, but SVB would. There is a reason SVB was willing to take their money while others would not.
Excellent packaging OP! I just wanted to say 2 things relating to LLaMa:

1) 7B is unusable for anything really, in case you are hopeful;

2) 68B otoh is awesome ("at least DaVinci level").

I don't know if this is something FB/Meta planned strategically but this LLaMa-mania (LLaMania?) over the weekend is their November/2022 chatGPT moment. If they (Mark) take it seriously, it could become a strong hand in AI and a hint of how the industry could be shaped in the near future, with cloud models competing with local installs.

Think about it: who ever trains a popular, albeit closed model, can give it whatever bias it wishes with nearly no oversight. A dystopian and scary thought.
This is why Thiel was first, he can stick to his ideological guns. He also forced Silicon Valley valley to setup the massive bluff that they were too big to fail (and maybe they are indeed to big to fail) that the government refused to call.

So meat is back on the menu. No need for Ramen gents.
LOL.

Everyone is going to get their full deposits and taxpayers don’t have to bail anyone out.

The sky wasn’t falling.

I was unbelievable how quickly people called for the government to whip out the checkbook and sign a blank check.

I wonder how many are going to opt to pay for depositors insurance for amounts over $250K? (practically zero?)
Democrats Add Momentum to GOP Push to Loosen Banking Rules (2018)
Well your strong knowledge of the unemployment system in relation to your cruel comment rules out one side of Hanlon’s Razor anyways.
before the 1980's, this was actually the case for a lot of countries. (the netherlands had the "spaarbank" for instance).

This was a very boring system.
You deposited your money, the bank held your money, you payed X for the account. You got some interested during the time this system was alive, but is far less then with other banks.
How is it a special carve out? The FDIC protects literally all the other deposits already.
I like it as a single appliance to replace a rice cooker, crock pot, and simplify a few things that might be made on the stove.

* hard boiled eggs

* rice

* cheesecake

* yogurt

* chicken wings/drumsticks

* steel cut oats

None of this is terribly amazing, but it is nice to just be able to get some of this stuff cooked simply.
Or commas (?). "Sometimes writing for money, rather than for art or pleasure, is really quite enjoyable."
The 'shareholders' are all 401k fund managers. They make sure their CEO friends come in and get paid. It doesn't matter to the 'shareholders' if one or two companies go bust, they collect the fees anyway, and the losses are socialized across an entire country's retirement accounts.
This is a very weird blame shift. At 250k/account insured suddenly it's a CEOs fiduciary incompetence that a seed round isn't distributed amongst 16 banks?
I think as long as they don‘t get entrenched (usually by regulatory moats that prevent disruption) these go hand in hand. Creating a novel product/service and generating product market fit is kind if like science. Even if they get rich from it, now the whole world knows forever that this is a particular way to create value. As long as it is not driven by subsidies or caters other government linked industries that could skew/bias the value signal the demonstration as well as the offering of these goods and services is a net good imo
Probably Monday.
OK, what exactly does this mean? I read the announcement as well and it seemed to be so cloaked in gov-speak that I couldn't make heads or tails of it. My current understanding is that the fed is now bailing out SVB? Is that what's happening here? I really hope not, because it seems completely counterproductive to their goal of achieving 2% inflation.
As of about an hour ago, the government through some weird indirection is basically guaranteeing 100% of the par value of all the assets, so SVB or the DNIBoCA (I guess? honestly not sure which) should re-open Monday AM with 100% of assets available to depositors. i.e. bullet dodged.
That would be because GNOME Terminal doesn't support sixel graphics.

https://www.arewesixelyet.com/#gnome-terminal

Looks like if you build the latest libvte from master and make sure to explicitly enable sixel support via the appropriate build time flag, you can then build GNOME Terminal against that and you'll have sixel support:

https://gitlab.gnome.org/GNOME/vte/-/issues/253
Not the OP and I hadn't put them in the noble class category, but until a few years ago I had truly believed that the innovation that was still coming out of the US (and out of the West more generally) was in no small part thanks to SV startups (and hence thanks to the VC industry supporting them).

The whole crypto fiasco plus a few other things (these SV people going from worshipping Musk to hating him in a very short period, for example) have convinced me that I was a holding a view that was not based on anything of substance.

Which begs the question: where does real innovation come from in the US (and the West more generally)? The SV start-ups are not providing it, ditto for the FAANGs, what's left?
> More conservative banks like JPM, however, saw modest growth.

Also they continue to exist.
The CEO of a 10 person startup I could understand not being on the ball with this.

But not the CEO of a 100 person startup.

100 people is large enough to have a substantial amount of human time available for use, and likely budget as well.
Refusing to read about the thing you don't understand is pretty silly
I love seeing alternatives but one thing I really appreciate about ngrok is the web UI. The log of incoming requests, headers and payloads, is very helpful during development. Do any of these alternatives offer something similar? Or is there an additional tool that can be leveraged?
I cannot decide if the idea that VCs are some kind of kindhearted patrons and startups in general are all moral straight arrows dedicated to only good things is outright propaganda or just distilled Silicon Valley delusion. Hanlon's Razor indicates the latter, but I do wonder.

For every one company that genuinely is working out of the goodness of their hearts, there are 10 serial founders seeking to inveigle their way into something as a middleman, sorry "disruptor", then cash out and go round again before anyone notices the cracks.
Most good people trying to do the right thing eventually reach the conclusion that they should leave the tech/startup scene altogether. There are so many problems in the tech world that we only overlook them because we have a stake in it.
There's really no reason to recommend Standford these days. Time after time, from their involvement in Theranos to this lastest incident, they show themselves to be incompetent and foolish.
> why would any bank practice proper risk management after this?

The incentive for depositholders to exercise oversight has been removed, but the incentive for shareholders seems strong now!
I learned that VCs are protective of their investments.

Which, as an investee, is exactly what I want.
Pretty sure it's just that nobody has gathered enough data and trained it yet.

Disclaimer: not in VFX, no idea what I'm talking about.

This guy seems pretty convinced though: https://youtu.be/Wv9tWxm5GcA?t=606
If you want your investments to be guaranteed by the US governent, that product exists (US Treasury bonds) and it is popular. The yields are pretty low though. People with megabucks to invest who put it in something other than treasuries do that because they chose to accept higher risks in order to chase higher returns. Except surprise, now the risk is socialized.

No, people with deposits in SVB never faced having it all disappear. SVB was insolvent which meant that its liabilities were larger than its assets. That doesn't mean the assets were worthless. The FDIC process is like a bankruptcy. First, everyone gets restored up to the $250K insurance limit. Next, the remaining assets are sold off and the proceeds are divvied up among the uninsured depositors. So the depositors take a haircut: some fraction goes poof and they get back the rest. They don't end up empty handed. Figures like 90% (i.e. they lose 10%) were being thrown around this morning, before the bailout.
Good point, I'm definitely the wrong person to advise on the correct way to capitalise a bank.