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danielahn

84 karma · joined February 28, 2014

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danielahn··on Spotify reportedly fighting with employees about hosting episodes of Joe Rogan
Yes - and even from the government - consider McCarthyism or Hoover's FBI and the civil rights movement.

This fear of saying the wrong thing seems to say a lot more about the expanding reach of both corporations and individuals (and for individuals, the growing scale of memetic behavior) rather than some change in attitude towards free speech.

danielahn··on The head of luxury at Facebook and Instagram
To emphasize the point on the value of signaling - I know plenty of people who actively avoid branded items that could easily fit into their budgets because they think it's ridiculous to pay the premium - this is also signaling, especially if you belong to a tribe that knows you have that sort of money. Gets lost in the mental calculus of why a person buys a certain good (value, function, etc.), but as another commenter pointed out, luxury designer brands often fit better which makes the wearer look better, and the decision is rarely just about about which item provides more value for the 'cover a part of your body' use.
danielahn··on Southwest 1380: think about the flight attendants
Yes - those El Salvadoreans - since they are born with only 3 fingers on each hand, they have a very difficult time using tools that were designed for people with 5 fingers on each hand.
danielahn··on Bitcoin blow as fund drops U.S. exchange application
Did you read the article you posted? Actual tulip mania, as described in the article, is much more similar to what is happening in bitcoin than the mythologized tulip mania.

Frantic speculation in a narrow space with the market eventually crashing when speculative buyers are no longer willing to bid up?

danielahn··on Uber says it's leaving Quebec if province insists on stricter rules
Do you live in Quebec? Why do you get to decide what is reasonable for them?

Personally, I have an issue if municipalities try to impose differential standards, but asking Uber to have its drivers conform to existing standards seems reasonable.

danielahn··on With $600M 'Blank Check' IPO, VCs Experiment on Startup Listings
Sorry for late reply!

20% is standard SPAC comp.

Also yes, I apologize, you are right - they get 20% of the value of the SPAC, so if they buy 10% of a company, they are only getting 20% promote on that 10%.

danielahn··on With $600M 'Blank Check' IPO, VCs Experiment on Startup Listings
SPACs issue units to their founders that will convert into approximately 20% ownership upon the successful completion of a deal
danielahn··on With $600M 'Blank Check' IPO, VCs Experiment on Startup Listings
Why not just ask Social Capital to invest out of their VC fund? The only difference is liquidity in public markets, and if that's all you want, why are you giving up 20% of the upside from your current valuation when it would cost you less than 1% of your current to IPO yourself?
danielahn··on With $600M 'Blank Check' IPO, VCs Experiment on Startup Listings
For asset managers, the reason you form a SPAC is because you will get upside in the form of convertible warrants that will net you ~20% ownership, essentially for free (cost of your time to find and close a deal, and minimal upfront cost), assuming the stock price outperforms the original issue price.

You should ask yourself why an existing owner who believes in the future of their company would be willing to give up 20% upside to avoid the cost of an IPO. I would suggest that the very act of giving up this 20% promote for a 'hot' unicorn tells you something about the valuation that the SPAC eventually does a deal at.

danielahn··on Bitcoin dropping after BTC China said it is closing
Misread your comment
danielahn··on Why Everyone Missed the Most Important Invention in the Last 500 Years
Could have used the entire second half which turned into a giant rant about the value of crypto-currencies to expound on how the concept works too
danielahn··on The Untold Secrets of Grand Central Terminal
Do you have a source on #4 by any chance?
danielahn··on Tesla factory worker calls for a union: “We need to stand up for ourselves”
Why? The argument being made is that the workers should suck it up and accept the low pay and grueling working conditions because of the importance of the work Tesla is doing. If you accept this argument, then why can't I also say that you should simply accept that giving up on your commitments to your family is also a necessary sacrifice?
danielahn··on Tesla factory worker calls for a union: “We need to stand up for ourselves”
Do you have any 'good' sources on other complaints about working conditions? Honest question, quick google search gives me a number of results but nothing that seems to have meaningful follow-up of any sort.
danielahn··on Tesla factory worker calls for a union: “We need to stand up for ourselves”
> but at the same time what Tesla is doing is much bigger than the individual

I don't think you really believe that - if you truly internalized this, then isn't the conclusion that you should go find any way possible to contribute to them as well?

danielahn··on To Live Your Best Life, Do Mathematics
There's a link at the top of your linked site to an audio recording - maybe it was recently edited in
danielahn··on Should gifted students go to a separate school?
I attended a public school in a Minneapolis / St. Paul suburb. Nothing particularly special about the school that I can recall today, although it was in a school district that included grad student housing for University of Minnesota so maybe the student body, as a whole, was more motivated than you may have found elsewhere.

Classes were tiered into ability, even at this age (I do not remember what the rubric was for deciding your tier) and for math classes I was pulled in to a self-study course along with 2 or 3 other students. There was no 'formal' class and instead the teacher would spend varying amounts of time with each student as they worked through the material on their own. Each student would work at his or her own pace.

I think this sort of system would do wonders for those both at the very top and at the very bottom. In college, I found office hours were somewhat similar in that students both behind and in front could get focused time with a professor to either catch up or advance even further ahead.

This is ignoring any budget and teacher constraints, but this seems like a real issue for both the 'top' and 'bottom' students.

danielahn··on US pulls out of Trans-Pacific Partnership
I generally agree - I think the net result is just no trade deals, not bilateral trade deals.
danielahn··on US pulls out of Trans-Pacific Partnership
Yes, but the funny end result of this is that bilateral trade deals will likely include similar or even more draconian restrictions w/r/t corporate sovereignty and IP laws as the policies being put forth are US-standard.
danielahn··on Reddit Gearing Up to Ban or Quarantine the Alt Right Subreddit
Hating liberals isn't a protected class.

Regardless, you are not refusing anyone service - you are not banning people from your platform, you are designating your platform as something not be used for certain purposes.

danielahn··on Wikileaks: Julian Assange's internet access 'cut'
Gotcha - thanks!
danielahn··on Wikileaks: Julian Assange's internet access 'cut'
Is this post satirical? I think I am being trolled, but at the risk of making myself look like a fool for falling for it:

How is your reading comprehension this bad?

1. Your understanding of the comment here is miserable given the point you are trying to make. If you should find anything suspicious, it is that the 2nd set of e-mails, with a broader search, included e-mails that should have been turned over previously but weren't. If you want to go down that angle, you think the Benghazi committee would sit on those e-mails and not say anything if there was anything particularly salient in them?

2. You have an issue that State is considering whether releasing POTUS e-mails are subject to executive privilege and should be cleared first?

3. Really? I'll parrot the guys that give out free comedy show tickets - "you don't like to laugh? you don't like humor?"

4. Please point me to the illegal or unethical behavior here.

danielahn··on NSA Cheerleaders Discover Value of Privacy Only When Their Own Is Violated
Who better to surveil than those who may have access to state secrets, and are actively talking with representatives of other countries? Members of Congress should be at the top of the list for NSA surveillance.
danielahn··on 2,000% price hike for infant seizure drug called 'absurd'
I am several steps removed from the industry but to my knowledge -

There is still a regulatory approval process to be able to manufacture the drug - so the cost and time required to receive this approval, then to market the drug as a generic alternative to the existing drug to a market that often doesn't see itself as the ultimate payor (ie. the consumer thinks the insurance companies / government are paying) and may prefer known names, and the original manufacturer's ability to then lower the price of the drug all combine to push away competition on low volume drugs like this one.

danielahn··on 2,000% price hike for infant seizure drug called 'absurd'
There is no patent on the drug.
danielahn··on Startup Banking’s Looming Leviathan
It is and it isn't - as was stated elsewhere, for example if starting a new bank, regulators will require (and enforce) specific business plans, will limit dividend payments, will limit growth, etc. - there will be a lot of scrutiny on the (proposed) management team and you would find it hard-pressed to be able to get away without having someone with previous bank executive experience. Would imagine for a failed bank there would be similar questions on what is changing with the bank model (which may be as simple as operating with a higher level of equity to support the bank's risk profile).
danielahn··on Startup Banking’s Looming Leviathan
Assuming kchoudhu is somewhat familiar with the banking space in the US, I think his question is - on what grounds was this individual able to get FDIC/OCC/FRB approval?
danielahn··on Frozen Funds
So... you're saying its easy for the reckless and foolish to somehow overcome these steep barriers and understand what it takes to open while those who are competent are unable to do so?
danielahn··on Warren Buffett: Stay Away From Bitcoin. It's A Mirage
If I am starving, I can eat rice.
danielahn··on Warren Buffett: Stay Away From Bitcoin. It's A Mirage
For the parent - this is what Warren Buffett said about gold (don't think that is obvious from just the quote being posted)
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