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dangles

19 karma · joined August 26, 2023

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dangles··on In 2024, it really is better to run a startup in SF
It's too bad SF is a terrible place to live, especially with kids. RTO can be a useful crutch for companies with little vision or product leadership, but is certainly being pushed beyond its utility by those with a vested interest in Bay Area and/or commercial real estate.
dangles··on Generational Luck in the Housing Market
It takes under 8 months to get permits and build homes end-to-end in parts of the US. It taking years is a local problem. As long as demand runs much higher than supply, prices will keep growing.
dangles··on Indonesia's e-bike shops are building their own batteries
Why is the cost greater than the benefit?
dangles··on Fewer people are buying electric cars in the US
The F150 is the best selling vehicle in the US. That’s not an anomaly, the top 3 are all trucks, and 5 of the top 10 are trucks. Making a great EV truck is an enormous market opportunity.
dangles··on The wealth of the 25 richest families in the world soared 43% in the last year
Income tax has no impact on already accumulated wealth. Increasing income tax to target wealth accumulation only makes it harder for high earners who aren't currently wealthy to become wealthy, it has little impact on the already wealthy. A person earning $1 million a year passively from accumulated wealth is much better off than a person earning $1 million a year in income, with no accumulated wealth. The former doesn't have to work at all and can continue earning that income indefinitely, while if the latter stops working there income drops back to zero. Breaking up dynastic wealth with an actual robust inheritance tax and taxing very high earnings derived from wealth (e.g. capital gains) will be much more effective than higher income tax.
dangles··on Antarctica: Ice shelves shrinking 'with no sign of recovery
Where did oil come from?
dangles··on The EU’s Digital Services Act is now in effect
No need for a counterfactual, how do you think Trump used this data when he came to power?