gbasin

The fees. 0.2% is not low compared to any mature market for trading. As a point of reference, Robinhood is free. Interactive Brokers will charge you a fraction of a cent in commissions, so on a $30 stocks that's about 0.01%

I would argue the biggest threat to coinbase is another crypto winter where volumes fall by 90%! And eventually the asset class becoming mature, so fees also fall by another 90%

Does the carrier have that much control over a modern iPhone's firmware? Seems odd

This looks awesome, great work!

Do the work.

It helps to have a pre-existing network or pedigree but it's not necessary. Research your space and opportunity. Become the #1 expert in the world. Then start talking to others. They will be impressed, and eventually you'll network your way to people you want raise money from.

It takes years if you're new to a space, but it can be worth it.

For IBM, that may not be true. They're a slow moving older company. Their primary asset is their brand (for older companies) and their distribution (their large network of large clients).

That's a perfect opportunity to clone something and sell

This is pretty smart. Cloud is driving the massive valuations for MSFT and AMZN, a standalone company will get a higher multiple here

Cool project and helpful write up. One thing I wish is that the benefits were quickly summarized at the very beginning ⏤ don't assume all interested readers are already familiar with them!

Maybe I'm an outlier, but I wouldn't adopt a product unless I knew the business model.

For it to actually be free forever and not sell my data, presumably you'll be selling other products on top?

Developers can't get FHA loans

This is potentially concerning, but it's worth playing devil's advocate. What are the confounders? Most people have been more sedentary than usual this year. What impact does that have on circulation?

It's tough today but there are paths to solutions. E.g. hydrogen storage

If it was easy, there would be no debate, and probably no opportunity.

▶ To get enough job seekers looking for a specific job in a specific location with a specific skillset with a specific number of years of experience (companies are very specific with what they're looking for) requires a large number of job seekers on your platform.

While this is true if you want to build lots of these niches at once, I'm not sure if it holds for a specific niche. Rather than trying to fill a giant general-purpose funnel, you may find it easier focusing on a tighter niche to begin with.

For example: ML recruiting for data scientists in the Bay Area with 3+ years of experience

You can find them on LinkedIn

I'd love to see this tested rigorously

Glad to hear it. Enjoy your journey!

Prescriptions seem to work well in "static" systems. The ones that don't involve competition or comparison with other humans. Single player games, basically. Fixing a car. Building a house. Open heart surgery.

Indeed. Thanks for posting the link!

Exactly. It's obvious when you think about. And it's obvious when you start down the path. But then many forget.

Sorry, it wasn't my intention. Typically I think out loud on Twitter, and then try to summarize it succinctly in a blog post

You cannot develop internal motivation. In my experience, when you have some vision that you are excited about, motivation is not a problem. That vision can take many forms, but it's often some concrete outcome that you understand how to accomplish, and desire to achieve (for whatever reason).

Almost everything we do can be explained by desire to seek rewarding feelings and avoid uncomfortable ones

There's something there

Turns out, the hard part of software is figuring out what to build.

The rest is cheap in comparison, whether done in SF or Bangalore.

Unit Economics.

Excited for 2030 when this is reduced to one click

Cloud will continue to dominate, even if it's more expensive. Why? Because the best companies are able to focus on what makes them special, and outsource the rest.

Cost and security are important, but they may not be most important. In a business, the scarcest commodity is FOCUS. By outsourcing anything that isn't core to your product, you can excel at what differentiates you.

Perfectly legal, afaik. For software, and hamburgers

Indeed, we should try to learn from them instead! https://twitter.com/garybasin/status/1252721673566117895?s=2...

Bingo. Would you rather have a poorly managed company hold on to their cash and spend it internally, or return it to shareholders?

Seems like Sweden is on track to hit herd immunity long before everyone else, with minimal economic damage. Their daily new case count has been mostly plateaued for weeks, like many other places in full lockdown.