skysight-inc/HackerNews huggingface dataset:
The answer does not have to be "no."

Private equity is one of the most valuable functions of a market based economy, and that's understating its importance. To say the head of a private equity firm serves no purpose, is to claim allocating private capital in a market economy needs nobody in charge of that process at the company doing it.

Nearly all venture capital is private equity. Sam Altman is the President of a private equity company.

Private equity is not about concentrating capital, it's about allocating capital to productive use. It's no more vile than the stock market, which allocates capital from investors during the IPO process and afterward through the common purchase of shares.

Further, your comparison about slavery is obviously entirely false. An angel investor - aka private equity investor - like say Mark Cuban, who owns his own investment company and is the head of it, is not performing a function similar to slavery. Mark's capital is his own, and it was not stolen from people held in slavery by force. There is no similarity, and one cannot simply say they're similar because slavers were re-allocating capital too, that would be an intentionally nonsensical comparison.
Here's a comment from dang. Someone made a good, technical, submission. For a while the highest comment was about the design of the blog.

https://news.ycombinator.com/item?id=9238739

> A reader emailed to complain about how this and other HN discussions often become derailed by off-topic carping about blog design. I agree completely. Could there be a more classic form of bikeshedding? It would seem parodic if it weren't sadly real. This has become more of a thing on HN lately. It needs to become less of a thing.

> I don't mean to pick on you personally, or just on this one comment. (Your second sentence alone, by the way, would have been a helpful contribution.) The problem is the tedious stampedes such comments spawn.

This submission is a bit different because the design of the page is the thing being submitted, but I'm aware that I too easily make comments about the design of the page rather than the content of the page.

Some design choices are weird and prevent people from being able read the content and I wish there was a way to provide that feedback without derailing a thread.
Chutzpah Lessons from the Israeli Startup Scene
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Pao and her husband can play this game better than most. http://recode.net/2015/03/12/kleiner-perkins-cant-talk-about...
That is what Graeber aims to describe - he's even specifically written about how technology has undermined "meaningful" employment in agriculture and manufacturing - but the problem is his arguments against "bullshit jobs" conflate jobs which don't serve society with jobs whose employees feel they're worthless because they much preferred being poet-musicians. The latter argument, and Graeber's vision of "Hell is a collection of individuals who are spending the bulk of their time working on a task they don’t like and are not especially good at" are extremely susceptible to precisely the "lack of perspective' criticism raised by the OP. And unlike Graeber, I've met corporate lawyers who chose that line of work because they found it interesting and valuable (and I'd hazard the corporate lawyers that draft the worst contract terms and push the hardest for unnecessary litigation really enjoy their jobs)

Sitting in a corporate cubicle churning out CRUD apps on spec for customers you're isolated from probably feels like it's contributing less to society than co-founding a "change the world" startup that fails to achieve product market fit, but the former probably achieves more good for society, even if it's only the sort of good that involves people having to do less paperwork manually...
Could this possibly work with WebGL?
> I foolishly did not draft a formal contract

Move on. It is extremely unlikely that legal action will get you anywhere. It's your word against theirs.

Have you considered that without concrete proof of your claims, they could initiate legal action against you for slander if they felt like it? "Public shaming" could be seen as tortious interference.
I'm kind of curious why it makes sense to get a US number to accommodate clients who can't (?!) make international calls, but not to get a mail forwarding service with a US address.
Try:

http://violentmetaphors.com/2013/09/08/an-example-of-how-to-...

And

http://violentmetaphors.com/2013/08/25/how-to-read-and-under...
see _wmd's comment below[0]

[0]https://news.ycombinator.com/item?id=9246244
> consider the millennia of rabbinical commentary attached to the Talmud

How does this differentiate Jews from any other culture with writing?
You should let it go and the only way to let it go is to forgive him from the bottom of your heart.. not a lip service "I forgive you" statement on WWW or even to him directly...

Its a statement you tell yourself and he will feel it in your face/behaviour when you interact next...

I said forgive and not forget... you can always learn from the experience and make needed changes. one of the lessons may be that he is untrustworthy and so don't trust him with anything until you have reason to consider otherwise..

PS : I have been led to believe that email comms can be treated as contract, so check it out with legals..
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Write it off. One thing I probably would do is send a friendly e-mail to the investors, explaining the situation. Keep it short, a few sentences max. Given the situation, offer they pay you a reasonable fee for the problem to go away. Do you have any evidence supporting your claim?

The fact that there was no formal contract does not mean he legally owns your IP. E-mails can be valid contracts. Did they rebuild the software or continue working from what you build?

Problems like these can be major deterrents for future investors/acquirers.
A more humorous/playful take on bullshit jobs

http://www.jamesaltucher.com/2013/04/why-do-people-hate-thei...
Yes, this is the same way I found this - In the course of another project I had the same "Huh, this is weird" moment. Then I started experimenting with different setups (Linux, Windows, VMs) and was surprised that I apparently almost always succeeded in recovering stuff.
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European countries have gone to war over Poland before. The idea that the EU would sit back and allow another country to invade its member states is just crazy. If nothing else, it would cause huge financial disruption to all the other countries in the union.

Britain, France and Germany alone have a combined military budget greater than any other nation save the United States. The UK went to the other side of the planet last time its dependant territories were threatened. The idea that the EU wouldn't defend itself, when it has the capability, the motive, and a long and bloody history of warfare, is so bizarre I can't even begin to understand your reasoning.
Some (definitely not first-world) countries have pretty large taxes to foreign purchases. We've > 35% in Argentina. BTC skips that (though BTCs have been getting harder to come by here).

I'm sure it's not the only place.

Also, people without a credit card.
So explain, in your own words, then, how you think Ares is more efficiently allocating capital now that they're in charge of GC.

Because it sure seems to me that all they are doing is squeezing their employees and vendors ever harder as per the Bain "how to run a company into the ground" handbook.
> Given the situation, offer they pay you a reasonable fee for the problem to go away.

I'm afraid the investors would read it as some kind of bribe and the culprit could sue him for such accusations. He doesn't have a contract to support his claims, the e-mail would cause more trouble than it's worth it.
Allow yourself some time -less than an hour- to examine your thougts and emotions.

These examples might not be applicable to you!

"I was conned", which is causing "I feel humiliation and anger" and the evidence "he ripped me off and then made a load of money". Try to give a rough rating to the intesity. "I feel this strongly" or "this feels like a 3 out of 5".

Then start thinking about other evidence. "I could have retaliated, but I haven't. That's because I am honorable and have integrity." Or "it really sucked at the time, and it still sucks a bit, but I did learn from the experience and I am a better business person because of it."

The aim with the new evidence is not to remove the sting but to reduce it a bit, to reduce the intensity of the feelings. It's iterative.

This is a structured method to help control intrusive thoughts. If I tell you not to think of an elephant you're probably going to picture an elephant, so not thinking about stuff isn't always as straightforward as just pushing it out of your mind.
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Doesn't he have e-mails to prove his case? Those are often as good as a written contract.

At the very least, they should know the kind of person who they invested money in.

In addition, they invested in this company to make money, no? In the event they are not interested in fixing it now and you have some valid evidence then you can always sue if they make it big/sell it.
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This could be libel... Or blackmail... If the OP does not have evidence to back up the claim he could be the one paying. (I am not a lawyer and this is not legal advice and I assume nor are you.)
Of interest, this article has a comprehensive history of the phrase, and reasonably balanced portrayal of its utility: https://www.buzzfeed.com/alisonvingiano/how-the-trigger-warn...
Yes, I can imagine them then going to have a friendly lunch with their friends working for Facebook and Twitter. Offer letter by end of week, problem solved.
>he's even specifically written about how technology has undermined "meaningful" employment in agriculture and manufacturing

Wasn't how I read it. He mentioned that technology "freed up" people from working in the field, though, meaning they could then be put to work in bullshit jobs.

>his arguments against "bullshit jobs" conflate jobs which don't serve society with jobs whose employees feel they're worthless because they much preferred being poet-musicians

I derive a lot more benefit from poet-musicians than I do from corporate lawyers. Admittedly, corporate lawyers are never employed for my benefit, but I think was kind of the point.
I'm genuinely curious? Why do you think a loss legally, which could be financially and mentally extremely challenging, would be a win?
Just in components that claim to provide security boundaries but then do OpenGL passthrough without precautions. Web browsers handle this this properly in WebGL. VirtualBox is at fault here.

Your linked article is about just running two native desktop apps side by side under the same user account, there isn't any supposed security boundary between them so it's a different case.
This is why I wrote in paranthesis that I am talking about refashioned lbo firms, not vc firms. I am talking about KKR, Bain Capital (not Bain Ventures), Blackstone and the like. I am NOT talking about firms like Kleiner Perkins and Sequoia.
Its the citation chain game! When you first start reading papers in a new field you essentially have to read every citation present to understand whats going on. As you accrue knowledge you'll need to read fewer citations and you'll understand more of the jargon. That, to me, is the primary challenge.

It took me about 2 years before I could read a paper end to end and understand it. Of course by that point I realized that reading most papers was a waste of time. You often only need the figures, conclusion and methods section.
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I would assume there is some evidence to support his claim. Indeed, if there is nothing, then probably nothing can be done.

It also depends on how you word it. I would offer to transfer the IP rights of the original software to them. If they're not using the original software, then again there might be little he can do.

I'm not a lawyer, but did discuss a similar situation with a lawyer friend a while back. Worth getting an initial consultation about this with a lawyer, imo.
Maybe try something like: http://olddebts.com/

You have the date of the last invoice no? With something like Old Debts it will at least hit their credit rating if they don't pay up. I recently had success with this and got money out of a client.

That unpaid balance will follow them for a long time and they will have to resolve the issue with you.

Beyond getting your money back I wouldnt take revenge by going negative publicly and creating drama.
> Any sufficiently large organisation sprouts a self-sustaining bureaucracy. Public or private.

I agree with this. I also think there's an inescapable analogy here with software projects - I think people are just really bad at handling large amounts of complexity. In software, large projects are notorious for high failure rates, in the same way that large organisations seem to collapse under their own weight. We don't see able to administer or manage on a large scale effectively.

This is just thinking out loud, but the conclusion I draw from this analogy is that small focused projects and small focused teams work best. Don't try to create a behemoth. Hence the effectiveness of startups and the UNIX/Pythonic way of keeping things simple.
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Aye, that was my comment. :) I hope HN will come up with a nice solution to allow these kinds of comments but have them be less distracting.
My approach has been to treat it less like a "they are judging my technical abilities" and more like a conversation. I have only been in one interview where the people interviewing me really put on the pressure. Otherwis, it is usually my own interpretation that is putting on the pressure on myself. Once I started treating it like a friendly chat, it got a lot easier.

When you are asked technical questions, do your best to answer, but don't sweat it if you cannot answer fully. Know that with enough time you can most likely figure it out, then figure out as much as you can on the spot.

Lastly, know your stuff. Being a strong interviewee doesn't mean you can get any job. It just means that you can show off your own are of expertise well. Figure out what that is, and if need be improve on it. Side projects help a lot: to learn, to boost your own confidence and as a resume builder.
> And what does a world with less insurance look like? Insurance lets people trade a small amount of money for protection against a loss of a life-ruining amount of money.

In terms of personal insurance, a world with less insurance looks like a place where people don't suffer just for the small risk of such a loss.

Catastrophic events such as fire and health could be dealt with more sympathetically by society rather than being handled by a profit-making industry that only really wants to help people who are rich enough.
> The publish or perish mentality in academia leads to more noise and less signal.

Perhaps a Google-like ranking would help. The more cited a paper is (in the bibliography), the more it might not be noise. Then again, I don't like the idea that what is popular is also the best.
<quote>Worth getting an initial consultation about this with a lawyer, imo.</quote>

First sensible thing thing anyone has said on this thread! For legal issues the best advice anyone can give is pay a lawyer to look into it. Expensive I know but law is complicated and some mistakes can be expensive.
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> The fear is that the current leftist ideas are tomorrow's mainstream ideas and tomorrow's left will be more extreme.

I see a lot of evidence on the right but not much on the left. E.g. The people saying they support gays but are against gay marriage are the same ones helping African governments pass laws enacting the death penalty for homosexuality. But I don't really see any evidence that, say, what the folks lobbying for high speed trains really want is to put Christians to death or whatever.
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You have an email from them saying that the final 2/3 payment is contingent on them getting funcding, and they got funding?

Resend the bill for the remainder.
Give them 90 days.
If they don't pay, sell the debt or take it legal.
Consult a lawyer.
Actuaries are exceptionally well trained professionals who use incredibly sophisticated automation. They do not need help with Excel macros.
If you really allow me to be honest (and a bit harsh): you seem to believe to be entitled with life being a fair game. It isn't. Human nature is very diversified, and there will be those that won't give a damn to what you consider to be ethical behavior. I can understand that - it took me some time to find the balance between protecting myself against ill-intentioned people while not shutting everyone out.

You seem to worry on the long story with the fact that the "bad guy" is still on the loose. I'll be honest again: this seems like you're unconsciously trying to find justification to get even with him - after all, preventing other from "potentially fall in to his trap" sounds way better than, say, "get personal justice" - or (let's face it) "revenge".

Sorry for the hard tone, but I think mellowing the words will lead you to wasting time, money (and possibly reputation - let's remember how good this person is on that) on a rotten past which already taught you valuable lessons that seem to have helped on your career.

Instead, focus on your present and future. Life is short, and you certainly have people and endeavors that deserve your attention. Move on and have a great day!
So the correct response to someone ripping you off is using mental tricks to convince yourself you're better off than before?
On the mental anguish. You need to leave this. There's no place for revenge or warning other people. Try to think of it as a business deal only. Doing this will make your life worse. Every decision you make should be rational. If you can't get the money back, you need to write off the debt and walk away. This was your error, and you've learnt from it.
> One problem was that its figures excluded the tens of thousands of Canadians (30-50% of whom estimated to buy property in Vancouver) who bought their residency through the recently defunct Immigrant Investor Program.

Hold on a second.

I think it's pretty rude, and bordering on xenophobic, that the author wants to call these folks foreigners. Especially if you turn it around and say outright what he's suggesting: People who gained their citizenship through the Immigrant Investor program aren't _real_ citizens like us.

Immigrants _are_ Canadians... even folks who used the Immigrant Investor Program.
I am so sorry that you were screwed like that. It sucks, but look at it this way: you learned a valuable lesson that likely helped you in your career, and the other guy has to sleep at night with the knowledge of the people he screwed weighing on his conscience. At this point your negative feelings are hurting only yourself, not him. You may even find it helpful to push yourself to forgive him for his misdeed - he did it from a place of insecurity and weakness, and finding it in yourself to forgive him comes from a place of courage and strength. Resentment is poisonous, and in my time on earth I have found that revenge offers no comfort, but that healing comes only from forgiveness.
The same story could be told about a number of Western cities.

Perth, Australia - for example - is another city that has gone through massively over-inflated property prices as, over the last few decades, foreign investors come to the place, see its beauty, and - because they have the context of other major, metropolitan wasteland-cities - heavily invest.

To me this really means that those of us who live in the privileged band of Western civilization really need to get out of our little bubbles and go and see how the rest of the world really lives. If you're in some safe, comfortable city on the edge of it all - go pierce the heart of human civilization, and see what life is like in Hong Kong, Shanghai, or any other major metropolis in Europe for example. Being ignorant of the teeming masses is how these over-inflated bubbles occur in the first place - if you think your lifestyle is great, beware the attention it will gain from those who have managed to accrue substantial wealth, in lesser circumstances ... complacency and decadence will always be exploited by those who have run the gauntlet of human civilization.
The good news is you are in great company! We all get conned at some point. Some of us (me) multiple times. You're paying for your education, whether you are in school or not. Just make sure you get good use out of your experience in the future.

> continues to be successful despite his behavior

I'd argue the use of the word "despite".
Can you list some of your other reasons?

I'm asking this question because this is the first time I'm reading about Ubuntu in a bad light. And all I can gather from the websites I've seen is that it tracks the user's search history and sends it to Canonical.
The Swiss central bank is currently charging an interest rate of -0.75% on certain cash deposits.
Apollo and the Manhattan project were both executed by fairly new bureaucracies that had people in key leadership roles who weren't selected by their ability to get promoted from within large bureaucracies.

It is possible to have institutional mechanisms or culture that keeps rot to a manageable level but nobody really knows how to do that deliberately - it's always a matter of luck. That's why it's important to allow organizations to fail. I wish we had some systematic way of allowing that for government departments the way we do for corporations.
Shit, I'd instantly buy a mod for GTA:VC/SA turning Vercetti/CJ into a goat.
I think I'm going to try to use Vagrant. And VMs really slow down the system, which is why I was thinking of getting a new OS. Dual booting is also not a great way of handling stuff. This is the first I've heard of Vagrant, so, I'll try that!
Worth talking to an IP lawyer about, they'll be able to say pretty quickly whether you have a case.

Probably shouldn't cost more than a few hundred $.
The US is the world leader when it comes to women's studies departments and professional feminists. They set the trend. If this is not in Europe yet, it is about to arrive.
Do you know google scholar? That's basically what it's for. Might as well be added to the list of advices: searching for the important papers with google scholar or CiteSeerX.
One of the tricks to getting your paper in (in many, not all, fields) is to cite as many PC papers as possible. It can turn into one big citation circle jerk, or at least an echo chamber.
The rent captured by us workers is the price delta between a competitive market and one with barriers to trade. Only part of their wage is rent - if deepika earns 10k rs/month and Danielle earns 100k rs, the rent is 90k.

As for income (not wages, which is a subse of income), data is easily googleable.

http://m.research.stlouisfed.org/fred/series.php?sid=COMPRNF...
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