skysight-inc/HackerNews huggingface dataset:
At the same time, these startups all had a CFO whose job was to manage that financial risk. What if they had a late payment from customers or a supply chain delay, or were simply locked out of their accounts due to a cyber event or unavailability of a key employee? Did they have any contingencies like line of credit or instruments outside SVB? They took other risk reductions like insuring their office space, etc.

In addition every offering and statement from SVB shows >$250k is not insured but they treated it like nothing bad could ever happen there. Even your average retiree knows their life savings in a bank is only covered to FDIC limits.

This risk for businesses with cash is not new. Financial services like sweep accounts, negotiable instruments, etc. existed for decades. Is it just that SV entrepreneurs are too smart or not smart enough to manage these risks? Or was it the VC firms that forced their hand by requiring them to bank at SVB (noted as a VC funding requirement by others on HN).

The companies can sell their invoices or ownership of their deposits on the market, or use it as collateral for recovery. The CFOs job was to manage financial risk. They failed at this and their companies are at risk because of it. The FDIC takeover means they have unfettered access to at least $250K as of today, so it’s not quite as bad. And the FDIC will unwind SVB’s current assets through their insurance trust or by finding a buyer. The SVB stock and bond holders will lose, the depositors will lose much less.

But it makes you wonder how long the C-suite knew this liquidity issue given they had no risk manager for most of last year (also noted in other HN articles).
that might (or might not) be arguable from a moral viewpoint, but it definitely isn’t arguable from the actual statistics. about half of the US state prison population is there for non-violent crimes.

https://en.wikipedia.org/wiki/Incarceration_in_the_United_St...
Sweep accounts, is one answer I’ve seen floating around
BrandonM, is that you?
Ask HN: Has GitHub Search always been broken?
Very often, I search something and there are zero results. But when I click on different sections (code, repos, etc), some results start to show up.

I think it has been like this forever and I can't remember when it worked properly. Maybe my memory is failing.

With GitHub and Microsoft investing so much in OpenAI, what's stopping them from having the best code search in the industry?
Well, we can’t all enjoy the resource. That’s how we got into this mess.
Just because one wrong thing is allowed, I guess other should be? Or should not?
>Put it in bonds of whatever duration the bank chooses, but require sufficient equity that the shareholders will bear the loss and not the depositors?

But that's literally what they did. They put it in 10 year treasuries that they had to sell for 87 cents on the dollar because every "thought leader" in Silicon Valley had the same idea at the same time and triggered a bank run on their own bank.

Everybody who has deposits will get 100 percent of their money back and everybody who holds equity in SVB will be (mostly) wiped out.
> Or do you think it's a confidence the invasion started just after the Beijng Olympics?

Not a “confidence” no, since there were rumors already a year ago that Xi asked Putin to delay the invasion based on that.

But it’s a leap from that to claiming that China indirectly master-minded the invasion of Ukraine.
Do you have more information on this? From what I understand, SVB had more than enough cash (yes, cash) on hand to handle any money transfer Thiel's fund could have thrown at it.
oof, i can’t load the page because it’s blocked by my Pi-Hole.
But that's not what he meant and we both know it.
OK, whole/most of the _civilized_ world did.
You've learned wrong, VC is by definition a category of investments and you attempting to relabel it as gambling is an attempt to persuade via rhetorical device rather than via sound argument.
Lots of normal people own stocks. You can save money and invest it for retirement, etc. It’s risky because… Well… Public companies you invest money in can go bankrupt.
Freshdesk is a freaking rip-off says Zendesk CEO – Freshdesk CEO responds (2011)
Had a similar experience recently. A random person started repeatedly filling out contact forms for one of our clients. They were doing it manually, and they did it for several days straight until finally blocked.

It also left me wondering why that person would spend an hour or two each day for several days in a row, filling out online forms. What’s the motivation?

My suspicion is that the person doing it works at the company and was trying to mess with their systems. But I’ll never know for sure.
Lipoker.io
Good god. I like nothing about this piece. I hate the claim that Windows networking is "duct-taped" in. I hate that they're using undocumented stuff. I hate that they're trying to shoehorn Windows into a Unix-y model; in my experience this is often symptomatic of failing to consider all platforms when originally designing the higher-level abstractions. Just blah.

> To make a long story that I don’t fully understand short, you need to have buffers that are pinned in memory and aren’t touched as long as the operation is in progress.

I don't understand why this is so confusing.

> I doubt that Microsoft is really rushing to make it so that you can’t run Javascript on Windows anymore.

Nah, but don't be surprised if suddenly a bunch of apps receive compatibility shims.
Seriously. We should even be training for war with Canada -- just in case.

Getting ready for a war does not provoke war. Both sides are doing it, we know each other are doing it, we do war games all the time all over the world and it's fine.

Freaking the public out about how the game is played is the real danger. That happened with the balloon incident too -- oh gee China spies on us? Yeah, and we spy on them too, and we've got way better stuff than balloons, and they know it.
That feature ships Winter 2034.
It makes me ashamed to be human. Reading stuff like that, and thinking about what we do to cows, sheep, lambs, chickens, etc, it dawned on me a while ago that humans have no right to treat animals like they're just a bunch of cells to be treated however we want, like a serial killer treats their victims. But that animals are fellow beings, a lot like us in many ways. I didn't want pain, or someone to kill me, so I figured they didn't either.

It was so easy to stop eating animal "products". The whole thing started to seem obscene, like a nightmare - ads on TV trying to tempt people to eat slaughtered baby sheep etc. I thought I'd miss the taste of meat but never have. (I feel so weird writing that sentence now.)

I encourage everyone reading this not to be a part of the problem, to stop contributing to this desecration. If no-one ate meat, this genocide of sea life would just stop. For every person that stops, we get closer to that. I realize in some cultures, it's not so simple, but in many, it is.
yeah the "ASSISTANT:" at the end is important. without it the 7B model continued:

"USER: Can you tell me something about owls. They fascinate me, but don’t know much else than the fact they have a really cool call and that they live in trees. Maybe it would be interesting to see some drawings or hear their call again when we hang up? I also like cats!"
4" is standard. plenty on amazon and other places. hardware stores don't usually carry it because people probably don't understand that 4" is better from one side, and from the other not all filter boxes/supplies can accommodate > 1"
"...without doing a year long song and dance with the worker's council."

Germany is no exception, much of Europe and the UK are the same. One can argue over which European country is worst or best but it's small crumbs. Look at France and the current arguments over retirement age, it's all part of the same cultural problem I mentioned elsewhere.

Europe is an old society with old traditions, the US less so and its west coast even less so, so it's not an unexpected problem for Europe. The West's real problem is how to deal with it.

Asia, on the other hand, has even older cultures but having largely missed the old Industrial Revolution they've also missed the cultural baggage and artifacts it imposed on the West. This has allowed Asian countries to jump over these hurdles, that's why they are doing so well now.

I feel far from optimistic that the West can overcome this cultural baggage easy. But I hope I'm wrong.
I maintain that most manufacturers just don't give a shit about quality - probably because they compete on price, not user experience. I can't think of any manufacturer that seems to actually care about issues that people who use Apple devices would consider glaring and unacceptable.
SurveyMonkey owner Momentive Global to be taken private in $1.5B deal
That commenter is a manager, which explains why they are non sequitur-ing against remote work.
Tomato tomato. A httpsonly cookie (as a tracking cookie should be) is just as visible as localstorage. So sure, technically correct not a cookie but does the name matter when the result is identical.

"Hey, I got an idea how we get rid of those pesky cookie banners, let's drop the cookies, no.. wait.. hear me out. We store the id... in localstorage! Brilliant!" POW Confetti.

It's cookies.
> They had plenty of assets to cover all their deposits

No, they did not. If they did, then they could have immediately sold all their assets during this bank run, and there would have been no need for the FDIC to step in.

If they could not do that, then, by definition, they did not have enough assets to cover all deposits.
How much does it cost to pay someone to administer? Including backups, BCP, integration with SSO etc?

It’ll work for a 5 person startup, but will get expensive fast for larger organizations.
you can do anything if you are able to convince your interviewer that hiring you will work out. I transitioned from web dev to data science by getting a VP of data science to work with me as lead engineer on their projects then studying in my free time and doing well on data science interviews to get a lead data scientist position. I went back to software engineering and now I am thinking about the same as you are. I will leverage my Data Science background, study, and do some ML projects. That should make me competitive in interviews and I expect to transition by the end of the year.
The moat is CI, or more accurately that Gitlab CI is really good and using it requires hosting your code there.
I didn't say you wouldn't get it. Maybe you don't want to get it?

Let's say you own a restaurant and you find a mouse in your kitchen. You could:

1. Call an exterminator overnight to make sure you don't have a larger problem and contain the issue before the shop opens the next morning. Improve your kitchen hygiene standards going forward but don't draw unnecessary attention to your renewed efforts.

2. Call the local news station over to your restaurant to get live action footage of you catching the mouse. Go on camera and give a speech about how you've already scheduled for an exterminator to come in a few days, and the last thing the customers need to do is panic.

Which option is the correct business decision, from the owner's perspective?
yes, they filed new 10b5-1 and used them. they did the needful. it will probably cause the rules to change.
paste an example search with zero results in code. Like I did:

https://github.com/andrewarrow/feedback/search?q=view&type=c...

but

https://github.com/andrewarrow/feedback/search?q=views&type=...

does have results.
So many readers know neither of those abbrevs that I think we should just take a prefix of the title (since it's too long to make HN's 80 char limit). I've done so now.
Well, trade secret law requires the owner of the trade secret to take steps to keep it... secret. Facebook has done the opposite, and they haven’t made the people they distributed the weights to sign an NDA.
This is important, but also, “virtually nothing” is a lie. I think self hosting can work, but you have to be honest about the costs. Deployment, maintenance, rotating logs, training others on all this.
An Introduction to the Secret Life of Components
> but aren’t Virtual Environments something you setup once per project?

My typical count is 2-3 per project per machine I work on (could be anywhere from one to one hundred). Then there's a different number of people who need to set up these environments on different machines too (and sometimes require my support).

So, the answer is: who knows?

> putting everything in a docker container

I think, you meant image, not container, but that's an easy mistake to make. And the answer is: both options are terrible. It's a choose your poison kind of thing.

> cool kids

My impression from working with the cool kids is that our industry selects for particular taste in t-shirts rather than knowledge or experience. I'm afraid that the correlation might swing into the negative, if we take either knowledge or experience vs coolness.

---

Most importantly: venv is not the problem. It's a bad fix for a problem. Bad as in it doesn't fix the problem actually, it pretends to. I mean, maybe it covers some 90% of the problem -- who knows, I didn't count. So, it kinda works for a lot of people. But, honestly, I'd prefer that the problem was fixed s.t. it doesn't require venv. It's kind of like discussing various dental prosthetics options: it's better to just have healthy teeth.
Why didn't the fed decide that course of action in this case?

Seems the difference is small. Shareholders still lost everything, depositors lost nothing instead of 10% but that's a minor difference.

Guess one difference is how long it'll take before depositors can access their money. Now they'll get it immediately. If they were waiting for liquidation of the banks assets, that would probably take longer.
You can't install the CUDA base libraries with pip. You can with Conda.

So no, it isn't solved yet.
I noticed the other day that blocklists really don’t like the word “counter”. I had a bunch of simple demos, one of which was a counter, and it was the only one that didn’t work. Turned out u-block was preventing it from loading.
Is your head in the sand? The US has been preparing for this war for years.
I suppose some or even most libertarians would agree with that, although that system is just rigidly regulated in a different way. I think the classic Libertarian model would be private banks, totally disassociated from government. Further, full reserve banking and fixed supply monetary systems are the stuff of fantasies. Totally infeasible in the real world.
It's people that want to spend money on their hobbies and have fun collecting "cool" gear, but end up going overboard with it.

I don't do it, but IMO it's totally fine to spent thousands on a speaker or even hundreds on a cable if it brings you joy and doesn't cause financial problems, but you don't have to justify it to anyone, even (and especially) to other audiophiles. The problem is when you somehow believe that you have to justify your purchases and come up with crazy excuses. :(
I'd say in New Zealand we definitely have them figured out. Every rental needs a heat-pump if there's no fireplace. Landlords will prefer the heat-pumps primarily because it's less maintenance. Apparently 25% of all households in NZ have one: https://www.genesisenergy.co.nz/tips-and-tricks/articles/use...) you may also be interested in: https://figure.nz/chart/HkvN4YjwyylwL2A4

Ours are exactly the same sort of units that I saw in Singapore - they're A/C systems, but can do cold or hot. I remember when I saw the 'heat-pumps' in Singapore, I was like "Wow, why does everyone have a heat-pump" and everyone looked at me and went "What's a heat-pump?" as they always called them A/C units - doubt they ever got above 16 degrees or something.
Yeah, that would have been really good... Too bad it doesn't seem to have come to nothing.
> if society wants news to exist it needs to be subsidized.

Does society want to subsidize mostly clickbait journalism and incentivize creators to predominantly write articles that will be shared widely? Or if society wants to subsidize news beyond headlines, might there be other content they would prefer is subsidized?
It's hard to blame anyone for using the "soft" terms about their own situation, since firing tends to be a very sensitive topic. It's not hard to blame companies for using those same terms, since it comes off as "MBA-ish" and sleazy.
Why is a private organization managing a public resource? Shouldn’t a government agency do that?
I don't really see how it can't spill over. For example, I've been wondering why China's neighbors wouldn't see Taiwan's independence and/or absorption of Chinese naval capability as an opportunity in their territorial waters disputes and I think it's unlikely none of them would become proxies for (or get favorable arms deals from) the US or others interested in containing China.
Some people prefer catfish over salmon. Tastes vary.

Catfish is a pretty good substitute for salmon in terms of macronutrients. Salmon does have higher levels of omega-3 fatty acids. But catfish may be safer in terms of heavy metals and other toxins, depending on where the fish were raised.
I don't want to beat a dead horse here too much but part of what I hope folks will understand is that any potential buyers also know what I know, they all know that once the liquidity crunch is resolved this is a viable business with good operations that ran profitably for a long time and the regulator would put a continuity plan in place immediately. It is not the case that "someone wanting to buy [..] it may appear more easily now" - all the potential buyers have clear expectations of continued operations. This is a matter of understanding banking as currently practiced, unfortunately there are a lot of folks 'round here that think this is like a retail bankruptcy and are spouting off on that basis instead of deferring to experts.

Depositors might choose to run, but any business that runs their payroll though SVB is going to ask their CFO what to do and that guy is going to say, "We're full guaranteed, how much money to you want to spend to accomplish nothing?"
Trump signed a bill passed by both houses of Congress; so the "who" is Trump, roughly 51 senators and roughly 213 representatives.

It's not like Thiel called up Trump and they made this happen over lunch.
My Dad was a house-mover for years, back in NZ, when I was growing up. Driving trucks with houses on them around the north island, was a lot of fun as a kid!
The Press’ place is to massage public opinion. It is not their place to worry about the consequences of yelling Fire.
Russia invaded Ukraine for basically no reason, it still happened. If you have enough fervent nationalism in the population and an authoritarian government, lunacy isn't going to stop anything.
Ever since iPhone introduced Lidar, I've wondered why Teslas got rid of it. They said it was due to additional cost and complexity in models. Of course Waymo heavily uses Lidar but they have huge sensors they mount on cars to do so. Why is that lidar so different? What's stopping Tesla from adding the same sensors the iphone has, but all over the car and stitching it together like it does video from cameras? Is it just to do with distance? Refresh rate? Would love someone who knows this to teach me!
Thanks for sharing. Yeah I agree that the "you have played X hours, do you want to leave a review" dialog really pushes me to add a lot of reviews.
Because they're producing entertainment masked as legit knowledge. It's derivative noise.

Their only success is in selling your dream back to you with a bit of fluff and widely documented approaches.
And in EU, the French government just announced that it will "strongly oppose" forbidding deep ocean scrubbing nets in "protected areas" (which are therefore totally unprotected). They look like caricature villains from a comic book or something. Bonkers.

For history, here's the criminal, senseless moron, shame on him, shame on them all:
https://www.youtube.com/watch?v=NtfGFt1c5H8
I always reference this post when the subject of self-hosting "simple" things comes up: https://utcc.utoronto.ca/~cks/space/blog/sysadmin/RunningSer...
Yep. Any big Python repo is gonna have a Dockerfile. If something doesn't fix itself, users take matters into their own hands.
Over here (New Zealand) the newspaper websites never link to anywhere. Especially not the webpage a story is talking about. Pictures get grabbed off websites[1] and credited to "Supplied".

[1] - Loophole in copyright laws for reporting
Managing that risk is what the customer CFOs were supposed to do. Your average retiree or semi wealthy person knows the FDIC limits and manages their portfolio around them.

This is not a new risk for businesses in any industry and financial services exist to help manage that risk for companies with cash on hand.

I would instead ask why the SVB customers didn’t manage this risk. Others on HN said that banking with SVB was a requirement placed by many VC companies, which does tie the customer’s hands.
I've used matplotlib and pandas fairly recently because applicants used it in their code, don't remember any specific problems with that. Well, with the dependency installation that is. The applicant loading all data into RAM so that Pandas can operate on it was an issue. (The whole point was that the data was too big to reasonably load into RAM, and would constantly grow as more sensor readings come in, and the questions are such that you can easily stream it and keep a few KB of state in a dictionary to find the answers needed... alas.)

I do remember python2-only being a problem back in the day, but this was solved... hmm, maybe in 2017 somewhen? At least for the packages I used then that had py3 issues before, like sklearn, numpy, and scapy come to mind. I think it more or less coincided with Debian deciding the next release was not going to ship Python 2. Somehow that made everyone 2to3, fix a few remaining bugs, release, done. I'm too young (I'm 30) to really have done much with Python 2 so I didn't have this legacy in my own code (besides a few early files), I've ~always just tried to find and install Python 3 versions of everything.
> Making good banks cover bad banks just creates new moral hazard.

This misses something crucial. Socializing the losses among banks reduces the incentive for the industry to pursue lobbying efforts that are misaligned with the general public. It also directly refutes the wrong narrative that has been floating around that it's going to be poor little taxpayers bailing out the fatcats yet again.

> Your thesis is apparently that for-profit banking is essentially unsound. That's not an argument for a bit of fiddling with the regulations. It's an argument to end for-profit banking.

I disagree. Many industries need active government involvement to align them with the public good. Absent regulations and oversight, factories would be dumping waste in the street and rivers. Are factories "essentially unsound"? Just because we need government involvement to remove the "essential unsoundness" of factories, doesn't mean that I think it would be good for all factories to be shut down.

If you eliminate the FDIC, guess what, banks will still be profitable, just like they were in the 19th century, and just like factories would be profitable if we eliminated all environmental oversight. Only we'll get a terrible financial crisis every so often.

> So yes, let's stick with "the rich" as the group of interest.

Let's not. If we are talking about systemic risk and economic contagion, using the word "businesses" is better because it makes it clear what would happen if we follow your prescription. If we use the word "rich" (which many would assume to mean "rich individuals" since that's the context this word is often used in), we're playing rhetorical hide the ball with the consequences.