Your work-from-home team had nothing to do with either of those two massive tailwinds.
2,295 karma · joined April 9, 2008
- Co-founder of First Dollar, infrastructure for health spending benefits - or 'Stripe for Healthcare'. Acquired by Inspira Financial in 2024.
- Co-founder of Patient IO, a health tech startup acquired by athenahealth ($ATHN) in 2016.
- Founder of Plerts, an early global emergency response service for the iPhone underwritten by Lloyd's of London. Acq-hired by Rev Worldwide in 2010.
- Cut teeth at GaimTheory, a multiplayer platform startup with tech licensed by id Software for Quake Live and Riot Games' for League of Legends in 2007. Failed.
Find me on Twitter (@colin) or Facebook (/colin). #42 #ff6600
Your work-from-home team had nothing to do with either of those two massive tailwinds.
Engineering will remain flexible because of all the virtue signaling big tech is doing in order to retain their talent. It's almost comical that they are struggling to bring people back to the office after being the biggest promotor of work-remote while the rest of the service-economy had to show up every day to their Walmart jobs...
This is why Facebook/IG is unrecoverable to me as a destination for connecting with the people I care about. Instead, it's become iMessage and I'm quite happy about that. No ads and the conversations/photos are a lot more authentic compared with social media.
I still love social media as a form (I think), it's just become more media and less social.
KYC/AML ensure our online applicants are who they say they are. It's a very straight forward regulatory requirement to safe guard the movement of money by US citizens and not foreign entities. This is one of many anti-fraud measures we take because fraud is a massive issue and capital loss is exceptionally hard to recover -- especially for internet banks where attacks come from all over. Fraud networks are extremely sophisticated and based on your remark about KYC/AML, I don't get the impression you appreciate the depth of it. It has nothing to do with low-income citizens except to the degree to which social determinants (lack of transportation) may prevent someone from getting their identification renewed, but this is a much bigger issue for that individual than just opening a bank account. Online banking is more accessible for low-income for this reason vs. brick and mortar who avoid branches in those areas.
For a startup or even a crusty old bank looking to improve margin and slim down their back office, services like Alloy make KYC/AML a very simple request/response component within our application. There's really nothing complex about it. I'll take KYC over HIPAA any day of the week.
My biggest complaint about Personal Capital is the frequent phone calls from their financial advisors despite asking them to stop. I'd be happy to pay $10+ a month just for their aggregation services but my private bank is leaps ahead in terms of sophistication and access to alternative investments not typically available to the public.
This is also true for general communication to the team about offers like this. It's way too distracting and too high of a risk to morale if the deal falls apart.
Paying for 'bits' of content is already a thing, you can buy single article access on many of the newspaper websites today.
I use my MBP just as much as anyone, the butterfly keys feel so much better than the old clickity keys and I’ve gotten use to the TouchBar. F Keys we’re useless to me unless they were remapped, and now the TouchBar gives me a lot of options for customizations.
Turns out, especially with a lot of CPGs now being sold online, consumers care more about price and quality/quantity than size and shape....
I'm always carry-on even with my free & priority checked bags thanks to status. For business travel, I like to move quickly through the airport. For personal travel, especially international, nothing is worse than pulling around a lot of luggage like a first-time tourist. Those pebble roads, tight commuter trains, and long step-walks in Europe can be a drag. Last month we travelled 21 days across 5 countries with just a carry-on.
In both cases, the airline losing your bag is a real pain to deal with on any trip – happened a lot to me on multi-connects but much less of a problem on directs.
I just felt I needed to clarify that attacking Amazon and painting them red in the press for poor employment practices that WF has upheld for a long time was not really a diplomatic strategy for approaching your new boss, especially when a lot of WF employees likely wanted Amazon to be a "hands-off" acquirer.
Most people work there because of the perceived culture of being free-spirit & hippy, but from my observation it's not that great of a place to build a career & wealth. Or perhaps it's par for the course and I'm just accustom to tech companies treating their people pretty well given how competitive the market is for top talent.
Source: I live in Austin with friends who work at the HQ.
The challenge for any private company is that the solution needs to be completely integrated into both the device and behavioral patterns need to be re-learned. For most people (in the US), calling 9-11 has been engrained since they were a child. In a moment of panic, it's the first or second reaction... not loading a 3rd party app. While not impossible, convincing Apple or Google to let you own "SOS+" capabilities would be a tall order...
Spot has succeed in the adventure market by owning the device and behavior change being easy to manage with no cell service. Just about everyone I know who has a mountain home, sailboat, or frequently travels to remote places – has purchased Spot.
If I was a VC, I would be interested in a roll-up strategy... GEOS and Spot aren't the only solutions.
In any event, it's very very fast for an urban commuter and I annoy plenty of people driving AMGs and Porsches in my clown car.
When I said performance, this is the video I watched that compelled me to get interested in what Jaguar was doing.
For me, it was an experiment to try EV and I'm 100% sold. It also pushed me to go full solar on the home we're building. Rather make an environmental impact than a status statement.
All of that said, my average commute is 10 miles so I'm purely electric about 95% of the time unless I forget to plugin. I got the REX because I thought the resell would be better in Texas.
The i3 has a "BEV" version that is much cheaper but more limited in its range; newer models are getting better tho.
<salesman>I bought a 2016 fully-loaded REX with 5,000 miles for under $25K, sticker was $58K. Factory warranty for 4 years, 8 years on the battery. Fastest BMW from 0-40mph. This thing flies for urban commuters. It comes with a charger that can plug into a conventional socket which can be nice for people who don't have the means to install a 240v. Fun to hack with BimmerCode to customize all sorts of stuff. My big complaint is the rear door system is awkward. It also rides a little high so I put 1" lowering springs and 15mm wheel spacers which greatly improved handling.</salesman>
I'm also interested in testing the Jaguar iPace. By most performance measures, its beaten the Model X.