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npkarnik

181 karma · joined August 6, 2014

www.nikhilkarnik.com
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npkarnik··on Andreessen Horowitz Tech Site Future.com Shuts Down, Staff Leave
I'm a coder in my 30s now. But when I was a coder in my 20s, FWIW almost all the wealthy (male) investors I interacted with were not degrading towards myself and my peers FWIW. And the ones that were tended to be in their 20s or early 30s.
npkarnik··on Are tech stocks now good value?
No one knows how high interest rates will go. Interest rates are approximately the floor of what a very low risk return on capital looks like, especially for an average citizen. If they approach 7% and stay there as some think is possible, I would expect stocks to keep selling off, especially if public co revenues don't continue to grow rapidly as the economic "slowdown" continues (not worth arguing exactly what constitutes a recession).
npkarnik··on Ask HN: How can techies influence companies to stop implementing SMS/phone 2FA
This isn't worth the effort to discuss. There isn't much point in fighting the surveillance state.
npkarnik··on Can the Visa-Mastercard duopoly be broken?
Think he meant that they protect the consumer
npkarnik··on Norm Macdonald has died
Yea definitely, it's a bit in his standup
npkarnik··on Ask HN: Has anyone tried to debunk the myth that Facebook is listening?
100% - I'm not sure why others are so dismissive. It's not that technically difficult, and FB has a reputation for being creepy. If only I could figure out how to get random one night stands out of my "People you may know" list...
npkarnik··on Peter Thiel sells most of remaining Facebook stake
I disagree that any specific advice will help an individual marketer...I think the biggest issue is that the economics of acquisition on social (factoring in internet marketing budgets and customer LTV) doesn't work well for brands that aren't already operating at significant scale. Otherwise, Teespring would be a billion dollar company by now ;)

My guess is that social marketing works ok for brands that have a strong competitive position AND healthy margins.

npkarnik··on Dropbox Professional
I don't work at Dropbox, but I believe it's ignored by design. Fewer users would upgrade their storage to the paid plans.
npkarnik··on Show HN: VMPower – Shutdown/Startup/Backup/Resize VMs with a Calendar
What % cost savings are customers seeing?
npkarnik··on Y Combinator When No One Cared
Not really, artistic talent has historically relinquished all IP rights. Incubators are more like a tax to get involved in the VC ecosystem, if anything.
npkarnik··on A profound apology
Travis is 40.
npkarnik··on Nike Open Source Software
Very cool - I actually have a friend who works on that Target team. There are smart, talented, "modern" people everywhere. I wonder what the dinosaurs will look like in 10-20 years.
npkarnik··on How Hired Hackers Got “Complete Control” of Palantir
This is such bad PR - probably leaked maliciously.
npkarnik··on BlueCrew (YC S15) uses tech for blue-collar temp agency
I was lucky to meet these guys recently. They hire staffers as W2 workers, not 1099 contractors. They're building something that is impacting the lives of people who typically work minimum wage jobs. The talented, reliable workers on their platform make more than minimum wage, which is a testament to how Bluecrew's marketplace creates better outcomes for workers and businesses.
npkarnik··on Privilege and Inequality in Silicon Valley
Your claim doesn't make sense to me. The author does not prove there isn't privilege and inequality in SV. He only shares his story of how he overcame a decidedly unprivileged background. If the expected value of my bet in a game of craps is negative and I still win, that doesn't mean the odds weren't against me.
npkarnik··on Fantasy Sports Employees Bet at Rival Sites Using Inside Information
You are correct. My comment is wrong.
npkarnik··on Fantasy Sports Employees Bet at Rival Sites Using Inside Information
Those are the advertised pricing for players. If you do not believe that these companies have a private, internal model to set those "prices" to maximize their returns...
npkarnik··on Fantasy Sports Employees Bet at Rival Sites Using Inside Information
I used to think this exactly...but now, given how heavily the NFL, NFLPA, and individual teams have been promoting Draftkings/FanDuel, it's obvious that the business model involves paying kickbacks to all the important stakeholders in the sport.

And regarding how relatively chummy the NFL is with elected officials, don't forget that commissioner Roger Goddell's father was both a senator and representative from NY state. That's just one data point, but there are probably a lot of backroom conversations that we don't know about. I think there's too much legitimate money at stake for there to be a online poker-like, "Black Friday" type event for the daily fantasy scam.

npkarnik··on American Apparel Files for Bankruptcy
Same thing with nightlife (except it's closer to 2-3 years), since the target demographics are the same, but the people going to (or used to go to) clubs/bars get older.
npkarnik··on Lyft and Uber Start Accepting Rides in Vegas
About time...I have probably had more bad cab experiences in Vegas than all other cities combined.

One tip: the various Airport Shuttles from McCarran to hotels on the strip/downtown (and back) are a great deal...around $15 total for both ways.

npkarnik··on N.W.A: American Gangstas
I'm blown away by how much of modern American (urban and suburban) culture can be attributed to the rise of gangsta rap. I work as a software engineer at a large tech company, and I can regularly hear (and am certainly guilty of) people greeting in the hallways: "what's going on homeboy!"

I have been listening to "Straight Outta Compton" for about 9 years, and what surprises me is how simultaneously dated the album sounds along with how ahead of its time it is. As Dr. Dre says in the linked article...the choruses are mostly him scratching the record. At the same time, the lyrics are so unapologetically violent and degrading towards women, that it influenced literally every major rap record that came after. Even the conscious rap movement was a concerted effort to distinguish itself from some of the more ignorant, hardcore stuff.

"Fuck the Police" is somehow MORE relevant 27 years after it was released, and I'm not convinced a popular rap artist would release a song today with a warning about a "bloodbath of cops dying in LA." Even Eminem had lyrics about Columbine censored on the explicit version of his album.

npkarnik··on The Struggles of New York City’s Taxi King
Well, good luck burning gas and filling up your tank during the Great Depression.
npkarnik··on Show HN: FundingHunt – Daily Updates on Startup Funding
I had a similar experience with the CrunchBase API. I kind of gave up once I had to start negotiating with their Business Development rep for licensing fees. I respect that they have to have a sustainable business given the resources required to aggregate and validate all that data, but I still wish there was a way for individuals/small teams to access that dataset.
npkarnik··on YC Stats
You're not factoring dilution in at all, for one. Also, the 120k is more recent.
npkarnik··on The ethics of modern web ad-blocking
Every source I've read disagrees with your interpretation. Net neutrality is about common carrier rules and definitely relates to how ISPs and Governments handle traffic.

Here's an article by Tim Wu, who coined the term explaining that he is specifically talking about public network neutrality and common carrier laws: http://www.timwu.org/network_neutrality.html

Also, https://www.eff.org/issues/net-neutrality

npkarnik··on The ethics of modern web ad-blocking
I don't buy the hypocrisy. Net neutrality requires ISP infrastructure companies to not artificially restrict end-users choice for legal content. Especially as ISP companies become coupled with content companies (Comcast/NBC Universal) and generate anti-trust concerns regarding throttling their competitors in the content vertical.

An end-user running an ad-blocker has literally nothing to do with the appropriate role of the infrastructure provider (which many argue should be an unbiased plumbing system).

I do think there are some ethical concerns for running an ad-blocker, but I don't think this is one of them.

npkarnik··on Mapping the U.S. By Property Value Instead of Land Area
This imagery makes me cringe while being spot on.
npkarnik··on Our Universities: The Outrageous Reality
There are probably more efficient ways to build useful skills and learn material than paying for an elite education. Prestige is much harder to manufacture. YC is 10 years old (i think?) and has managed to do this, impressively.
npkarnik··on In 1900, Los Angeles had a bike highway
Similar concept relating to how cars were normalized and displaced pedestrians: http://www.bbc.com/news/magazine-26073797
npkarnik··on The Software Engineer’s Guide to Negotiating a Raise
I've always framed it as "the market rate for me." The nice thing is that things like Hired and AngelList actually let you put a $$ figure on it.
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