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The VCs who advised them to behave this way, if you ask me. In my ideal resolution, the government does their own valuation of the startups, rescues in excess of insurance the ones that seem promising, and proportionally takes the VC equity in these companies that got special rescue consideration. If the investment is getting bailed out, the VCs who started this mess shouldn’t get their equity returns. They can invest again in the next round if they really believe their convictions.

Practically, the VCs should have made some bridge loans to solve the short term problems while we wait to see what comes out of receivership. Some did, and good on them for sticking with it in the hard times.

There are literally stickers on the doors of every bank explaining that depositing money beyond $250,000 incurs risk.

These naive smol bean founders don’t struggle to figure out the most tax advantageous way to get paid, let’s not pretend they’re too stupid to read a huge sticker.

Leo and the rest of fedsoc have been doing this for a while. The article describes some of their successes and how they’re raising the stakes - are you responding to just the headline? What would be the liberal analog here anyway, there isn’t a single group with anywhere near the same impact on the judiciary.

And generally speaking the “liberal” cultural values are more popular, so there isn’t really a need for this kind of cultural revanchist strategizing/fund distributing. Which is why you see their projects focused on democratic means rather than the courts.

If you think fractional reserve banking is “lying” how are you okay with fiat money at all? If you were consistent you’d be a true goldbug.

Hey if that’s what helps you sleep then that’s what helps you sleep. I’m just saying it’s against my principles.

Personally I’ve never been a “trade civil liberties for feelings of security” type myself but if that’s what works for you…

It’s interesting that so many of the comments are basically, “it’s objectively better in every way, and the people in industry who aren’t using functional languages are too short sighted, greedy, or dumb to see it.”

Could be, but every time I’ve heard academics talk about an industry practice with this level of contempt, they’ve been missing something really obvious. What is it in this case, that syscalls break the purity model in any non trivial real world use case? That performance isn’t actually up to snuff with these runtimes?

It rings true though doesn’t it? At least in my professional experience, I primarily have run into the “fun” technical problems that require theoretical knowledge when working on infrastructure. It makes sense, because lower on the stack means higher leverage and fewer abstractions from the hardware.

That’s definitely how right wing media portrays them. The reality is quite a lot more varied and nuanced. You should talk to some undergrads if you can! You may be surprised that things aren’t as you’ve been told.

Musk is doing this now by holding up a refinancing of Twitter’s building by defaulting on the rent. Anyone with a big enough war chest can just stop paying, drag it out in court, and wait the owners out. And tech companies have some of the biggest war chests.

If companies want people to come into the office, they could pay them more and make it a condition of employment. In some sense they were getting a free ride for a long time by forcing senior employees to waste hours commuting for the benefits of in person mentorship. After all, upskilling junior engineers benefits the company much more than the senior engineer who is taking time away from doing stuff relevant to their own technical skills. Now the market has shifted: you want that, you pay more for it.

I never claimed Musk is a Russian asset - the market is signalling how it feels about Musk. I’m just suggesting that the kind of edgy ambiguity that lands with teens doesn’t tend to land with portfolio managers, as we are seeing. Obviously anyone who reads his 4 hour later follow up tweet knows he meant for the original tweets to be read as sarcastic. But it doesn’t change that it signals immaturity and instability in the c suite. You can disagree, but this is just not a motte and bailey situation, since I never made the original grand claim. And, for what it’s worth, I don’t think Musk is an asset at the heart of a big conspiracy. I think the truth is so much more banal than that - he’s just an impulsive guy surrounded by sycophants.

Maybe this is a good lesson that when you’re the CEO of major companies and publicly speaking with a member of a government engaging a genocidal war of aggression, it’s just not smart to make any of these “le epic trolling” style jokes

I think you’re right, but I assume the whole idea was to avoid having the formal version of this thread in an appeals court a year from now.

Sorry, this is simply not true. The declarations of secession explicitly spell this out. You are welcome to read them yourself, here is one for example https://avalon.law.yale.edu/19th_century/csa_scarsec.asp

Mississippi’s is even more explicit https://avalon.law.yale.edu/19th_century/csa_missec.asp - “Our position is thoroughly identified with slavery — the greatest material interest of the world”

The civil war was fought because slave states wanted to force slavery on other parts of our country, outside their own borders.

One reason is that transaction performance could be very different, even regardless to data volume.

Your points are all correct of course, but then that wouldn’t be a preview environment, would it? It would be shared database state in a database staging environment.

Which, for what it’s worth, is also how I have seen this problem managed when it came up.

As for costs, maybe true, but it could also take a lot longer than an hour to bring up a large deployment. And if every engineer is doing this for one hour a week, and you have a few dozen engineers, there’s a 2x cost increase with a tougher capacity planning problem since your load is now tied to your hiring plans.

This is not a great technical article. I don’t find it makes me curious. It’s entirely content marketing, zero technical content, clearly aimed at people who manage engineers but aren’t engineers. Doesn’t discuss drawback (doesn’t really define anything with enough clarity for there to be drawbacks anyway) and ends with a sales pitch.

The obvious problem here is that this approach is far too expensive for any org that isn’t a tiny startup whose production system fits on a half dozen hosts. Consider a column store DB that’s configured in a multi region manner. Is every engineer bringing that up in their preview environment? If they aren’t, it isn’t faithful to a critical production performance constraint. If they are, the company is probably paying twice the cloud costs of their competitors at least, and they don’t get the capacity planning benefits of a fixed staging deployment.

None! I don’t think being an early employee at a startup has been a good value proposition for a while, maybe ever. Far far far safer to put in 5-10 years at a FAANG and then start your own company.

That wouldn’t stop someone from entering something into the ledger wrong or fraudulently. Crypto just isn’t a silver bullet, for anything.

You can both be right, the journalists need to pay their rent, and this also forces them into a situation where their personal interests are aligned with those of the super-rich owner. Even if they’re explicitly told to ignore this alignment, it’s still there. The book Manufacturing Consent examines this relationship if you’re looking for a light Sunday read

Credit cards create credits (a liability). Debit cards create debits (a nearly immediate transfer from your account). Seems accurate enough to me although I can see how debt and debit could be confused.

It also helped that his father was a congressman and stock trader who brought Buffet around his finance friends throughout his youth and helped him start buying stocks as a young teenager.

Who is opening a restaurant right now with labor costs and borrowing costs where they are?

Any laws “solving” this would actually be first amendment violations.

It was all over the news, seems pretty astounding to reveal the CEO at the time had no idea any of this was happening!

Since you’re choosing the example here, is there a better one? This is just not a compelling thing even for most technical users, so if this is all we’re missing out on then it seems like a ringing endorsement for Apple’s curation.

True!

Crypto people talk like this to distinguish real projects from ones that were purchased off the shelf and launched by marketers/hustlers. I’m guessing the guy who wrote this is a crypto person who doesn’t realize the slang is so local.

If you think that’s wild, wait until you hear about Dropbox and rsync.

For what it’s worth, your post is wildly inaccurate. To me it reads like the understanding of someone who consumes a lot far-right stuff and cannot discern between online talk show narrative and factual real world events. You might consider enriching your media diet.