eanzenberg

Thats different than being an uber early employee and knowing your private equity is worth a ton. I also wouldn’t exercise random startup shares unless they were real cheap and I wanted to roll the dice. The uber example is clearer. I’d always rather be a paper millionaire than not a millionaire at all. At least you have the choice to exercise some if you leave, or all if you can afford the loans. Also uber is a bad example since people DID sell their private shares as there was enough of a marketplace for it.

>> the western parts of the country is literally on fire.

Currently under investigation as arson.

Right, but why exercise the option without next selling it? If you’re quitting, that’s a risk. And AMT is applied on the gains. So your strike is $1, valuation currently at $100 and you pay tax on the $99 gain. Unless it’s Theranos that valuation wont go back to $1, so yes, you’re privileged.

Diversity dilutes your return as it regresses to the mean

Absolutely agree. It’s a numbers game but the first 9 may not hit but the 10th makes you wealthy. So if you’re on your 6th then you will feel the equity value is worth $0

If you’re hitting ATM you’re doing extremely well for yourself and are privileged.

Investors have the same lockup period post-IPO as do employees and founders.

That’s a fairly high bar. Musk’s vision is a 100 year vision, I don’t think anyone expects transhumanism in 2021.

Good experiment to see if this causes crime to increase.

Snake oil is snake oil.

These days I’d much more trust police reports or press reports than a narrative driven national outlet.

Who do you suppose pays for it then? At that level public schools shouldn’t exist as private do a better job by all metrics.

First, $500/month for each child in France is not that cheap or great, especially as you’re sacrificing earning potential.

Second, we have anecdotal data and you suggest we revamp a trillion dollar industry and incentive structure? Seems like we’re doing ok here, considering more people want to come in from France than emigrate there.

This outlook is widely in-the-coastal-city-bubble.

How do social services help? The article is about parents with jobs adjusting or continuing to adjust to working from home with kids there. Social services as you listed are primarily for people who aren’t working.

I can definitely envision fascist-lite elected officials using lockdowns in the future willy nilly, because the people precisely have gone along with it.

Not sure how this is an ‘only’ Trump thing. Republicans believe D-politics will delay the vaccine so it doesn’t come out before Nov 3rd, and Democrats believe R-politics will prematurely release a vaccine before Nov 3rd.

This country has become so politically cancerous that I wonder if a WW2 style event were to happen (as if Covid isn’t one already) if the country could unite around it, today.

And before you question the thesis, I’ve had the pleasure of listening to a few doctors lament the possibility of having life-saving therapies or vaccines if it helped Trump get re-elected.

That’s the one constant with population growth. The remote parts of the world won’t be so remote as time goes on.

On your point about space travel, it doesn’t even have to be that far. The moon or mars aren’t that terribly far on conventional rockets. If we could terraform mars for our arrival, though, that would be cool. Maybe this unlocks another explosion of population growth, similar to the industrial revolution and improvements in medicine?

What societies today have workers own the means of production, or where private property is abolished? N Korea? Venezuela? Cuba? Seems pretty strawman

On the other hand, Kenosha riots fizzled when the national guard came in.

What’s the best way to stop them from starting? What de-escalation methods are proven to work? Surely these would be in use already in far-left strongholds like Portland and Seattle.

Its been 1.5 decades since the patriot act of the same rehashed tropes and fear mongering. Most citizens accept the high level surveillance for high level hackers and criminals. The fear of ‘they’re going to track Joe Schmoe to a strip club and ruin his family life’ hasn’t come close to materializing. Call us when it does. Until then, the dialog between elite tech bubbles like hn or slashdot of 15 years ago and the rest of the country won’t be productive.

Wasn’t 80’s pop music disco?

Conversely, the rise of entitlement, decrease of attention span and work ethic, and the explosion of dependence on the state successfully enshrined by liberal elites has led to perceived stagnation and continued social frustration between the classes.

Flying used to be a great way to escape a crime that was just committed. By knowing the name and id of every traveler, we can stop criminals from fleeing their crime scenes.

A big reason college costs have increased is due to students who pay in full are subsidizing students who cannot, or get a completely free ride.

Not sure if they’re correlated though by timing? Authoritarianism has been increasing before Covid.

I looked it up. 6% of Americans don’t have a bank account. Doesn’t say whether they could go ahead and get one, or they choose not to.

Sizable?

Sizable, like 2%?

Also his analysis is shoddy. He shows an absolute decrease in DL job postings since covid hit, and claims that DL is in decline irrespective if other fields like SWE are also in a similar decline. Utterly surprised by the analysis given the data.