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kooshball

916 karma · joined November 2, 2010

kooshball at gmail
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kooshball··on A “Sideways” supply response in California winegrapes
most popular beer is probably budlight or similar. doesn't make it good
kooshball··on On Leaving Facebook
truly one of the most delusional comment of all time on hn.
kooshball··on Microsoft to Acquire Activision Blizzard
> Phil Spencer & Microsoft had to be well into discussions at this point; and it didn't phase them. They didn't stipulate that he would have to leave; they instead leave him in charge of the company post-acquisition.

You're getting worked up for no reason. Maybe wait until Kotick actually sticks around before the outage?

kooshball··on Microsoft to Acquire Activision Blizzard
bing made 8b in revenue last year. your data is way out of date. its wildly profitable
kooshball··on Re: Moxie on Web3
read the Modern View section of the wiki page. tldr is it's massively over stated and the actual impact was completely negligible. Not quite the same as the 2 trillion dollars global crypto market today. Any comparison of the two is just not done in good faith.
kooshball··on NIH director on why Americans aren't getting healthier, despite medical advances
I dont really understand your point. Yes agreed for complicated, rare problems you should do your own research if you can. You're clearly smart enough for primary sources so the media pipeline doesnt matter for you anyways.

I would argue most Dr in America will give good advice for covid. Certainly better than most media sources!

Having media in between is what I'm arguing against. Media is biased and not objective and should play no role in health.

kooshball··on NIH director on why Americans aren't getting healthier, despite medical advances
literally no one is telling you to get medical advice from the media or Twitter.

ask your Dr for medical advice.

kooshball··on Block (aka Square, Tidal, CashApp etc)
jay z is literally on their board
kooshball··on NFT's aren't the answer to the problems of digital art
I think whether its perfect or not is irrelevant. You can make a high enough quality one that Bob wont know the difference. Same with any traditional art like paintings. Forgeries are not impossible.
kooshball··on Twitter Blue is now available in the US and NZ
disagree with this point. I rather have more objective ads driven journalism than subscription "professional journalism". subscription are even more biased and create further silos for mis/information.
kooshball··on NFT's aren't the answer to the problems of digital art
The simple answer is provenance and blockchain provided this much more than the physical world.

The old world analogy to your scenario is you go to a museum and take a picture of an Ansel Adams work, make a print and try to sell it to Bob. Why would bob pay for this. you have to convince him it's a real Ansel Adams.

Same thing with NFT. You would have to know artist on alpha is real and beta is not. It's non trivial but again I don't think it's actually that different from the real world today. NFT does not attempt to solve this part. Instead it let you check that the nft you're buying is from alpha and the original artist.

kooshball··on Ask HN: How is the “metaverse” concept different from the Second Life boom?
ya obviously it's reasonable that Facebook changed the name of their company for a "hedge"
kooshball··on San Francisco's homelessness is a humanitarian crisis
by this logic, anything anyone ever does is due to their "shitty environment". what an insane way to absolve people of all personal responsibility.
kooshball··on Steam bans all blockchain and NFT games on its platform
it depends on how it's implemented. its much harder to implement onchain so a lot of projects will do things like <a> tag which is not trustworthy long term like moxie said.

there are well respected projects that are fully onchain such as cryptopunks and autoglyphs

kooshball··on Robinhood S-1 IPO
you are absolutely wrong. honestly the s-1 is not that hard to read. here is it page 131.

Key Components of our Results of Operations

Revenues

Transaction-based revenues

Transaction-based revenues consist of amount earned from routing customer orders for options, equities and cryptocurrencies to market makers. When customers place orders for equities, options or cryptocurrencies on our platform, we route these orders to market makers and we receive consideration from those brokers. With respect to equities and options trading, such fees are known as PFOF. With respect to cryptocurrency trading, we receive “Transaction Rebates.” In the case of equities, the fees we receive are typically based on the size of the publicly quoted bid-ask spread for the security being traded; that is, we receive a fixed percentage of the difference between the publicly quoted bid and ask at the time the trade is executed. For options, our fee is on a per contract basis based on the underlying security. In the case of cryptocurrencies, our rebate is a fixed percentage of the notional order value. Within each asset class, whether equities, options or cryptocurrencies, the transaction-based revenue we earn is calculated in an identical manner among all participating market makers. We route equity and option orders in priority to participating market makers that we believe are most likely to give our customers the best execution, based on historical performance, and we do not consider transaction fees when routing orders. For cryptocurrency orders, we route to various market makers that we believe offer competitive pricing, and we do not consider Transaction Rebates when routing cryptocurrency orders.

Net interest revenues Net interest revenues consist of interest revenues less interest expenses. We earn interest revenues and incur interest expenses on securities lending transactions. We also earn interest revenues on margin loans to users, as well as on our segregated cash, cash and cash equivalents, and deposits with clearing organizations. We also incur interest expenses in connection with our revolving credit facilities.

Other revenues Other revenues primarily consist of Robinhood Gold, a monthly paid subscription service that provides users with premium features such as enhanced instant deposits, professional research, Nasdaq Level II market data and, upon approval, access to margin investing. Other revenues also include proxy rebate revenues and miscellaneous fees charged to users.

kooshball··on Twitter confirms Twitter Blue
you should really get these kind of data straight from the source when you can. stastica is sometimes useful for some hard to get metrics. this is not one.

https://investor.fb.com/investor-events/event-details/2021/F...

this is their q1 earnings presentation https://s21.q4cdn.com/399680738/files/doc_financials/2021/FB...

US/CA arpu is $48.03 for just q1 (just 3 month not for the year). Global arpu is $9.27.

there's no way $3/mo makes any sense.

kooshball··on UC Berkeley inappropriately admitted students as favors to donors
Totally false that athletics makes the school money. The exceptional cases are the top 10 division 1 basketball/football programs that people talk about. The vast majority of college athletics programs do not make money. Just think about it, you think a UC school is making money from a student golf or tennis player?

Also these students admitted as "athletics" did not actually qualify and were never part of the team.

kooshball··on I no longer build software
this is pretty standard pricing for custom made one off furniture. you can't really compare pricing to items off an assembly line style factory.

imo whether you consider it art is irrelevant. the main cost is material (wood) and labor.

kooshball··on Amazon is delivering nearly two-thirds of its own packages
>Amazon retail operates at basically 0 margin.

This may have been true in the past but it's not an accurate any more. Especially the way you're phrasing it like how they don't make any money. Profit is low because they're using the cash flow to make further investment. Not because each item sold is not making any money.

kooshball··on Uber and Lyft shutdown in California averted as judge grants emergency stay
one example https://www.latimes.com/business/story/2019-12-17/vox-media-...

The only reason we haven't seen other professions being widely decimated by AB5 is because they all lobbied for exemptions which again shows how corrupt this law was.

See the full list here https://www.nolo.com/legal-encyclopedia/exempt-job-categorie...

kooshball··on Rideshare operations are being suspended in California
When you're pulling the "Stockholm syndrome" card you're basically implying the drivers are stupid and unable to recognize they're victims.

Not sure how else to read your previous statement.

kooshball··on Rideshare operations are being suspended in California
This is not a good comparison because they're dismantling the whole business model with this ruling.

With the new requirements in place (e.g. actually hiring employees and providing benefits) the barrier to entry here is waaaaay higher than before. I would argue Ride Austin would have never even started (especially as a non profit) if these requirements were in place the last time Uber/Lyft shut down in Austin.

kooshball··on Ask HN: From your experience, is Google Ads good?
yes definitely. google ads and other marketing channels are a known and well established path to growth. knowing how to run them is however not trivial and you're not guaranteed results. in general the key things to keep in mind are 1. focus getting actual results aka try CPA campaigns. optimize for cost per lead or cost per signups that's actually closely ties to your business. 2. you must have great creatives that are enticing. 3. target your audience very carefully. be as narrow as you can to start. extra important on fb. 4. for google use the right keywords. once your main keywords are performing well look to expand to adjacent ones.
kooshball··on Marc Andreessen interview
the whole idea is to outsource and delegate the less important work so you can focus on the thing youre best at to maximize your productivity (however you want to measure it).

this is something you immediately must do to be successful as any sort of manager or leadership position.

kooshball··on How Google Meet's noise cancellation works
>Yeah, I wish there was a simple non-verbal option to signal intent-to-talk.

this is a solved problem. webex has had a hand raise feature for a decade now. trivial for google to just copy.

kooshball··on Ask HN: What scientific phenomenon do you wish someone would explain better?
I assume you mean highest buy (bid) is $90 and lowest sell (ask) is $100. In this case there would be no trade. This is also called the spread.

If you actually meant your original wording, theoretically whichever order came second would fill at the best price.

kooshball··on Aurora is finally ready to show the world what it’s been up to
This is the kind of thing you tell investors to justify a higher valuation because the total addressable market is potentially massive. I wouldn't read it too literally. They're very likely to be focusing on just 1-2 of these to start.
kooshball··on Ask HN: Are there books for mathematics like Feynman's lectures on physics?
disagree here. you're judging society on the most naive ranking a student would give. in an ideal world you can optimize for the perfect amount of understanding and imperfect leaps for each student to best address long term understanding and success.
kooshball··on The New Retirement Plan: Save Almost Everything, Spend Virtually Nothing
share the article to yourself on fb messenger
kooshball··on Pregnancy Discrimination Is Rampant Inside America’s Biggest Companies
How does vesting usually work if you take the extra CA PFL?
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