Alternatively, maybe they could swap out the bottom of the fuselage or wings.
4,646 karma · joined March 20, 2011
Alternatively, maybe they could swap out the bottom of the fuselage or wings.
The thing that most project managers / engineers don't see is that finance's real job is to simplify the story and fact check the assumptions so that execs can rely on the investment being reasonable. Execs don't care if the NPV is to the penny, they care that it makes logical sense and that business leaders (brand leaders, region leaders or whoever is SVPsh level) supports the project. More than 50% of my time was just talking to execs trying to lock down support for other people's projects so they could get them done.
Often times when a project get rejected, its not because finance made the decision, its because tech didn't get the right business leaders on board before asking for a project investment.
> Risky and unproven new projects with unclear (but potentially massive) returns or indirect relations like production engineers increasing the productivity of application engineers through automation do simply not exist in that world.
If you do a lot of risky and unproven new projects with unclear (but potentially massive) returns, the business will go bankrupt and everyone will lose their jobs and equity. Incremental, but repeated small and correct bets usually are best for driving high returns on capital overtime. Sometimes when an intuitive exec sees an opportunity they need to take a shot on goal and risk some capital. In those cases, finance is kind of out of the picture as the exec needs to stand on their own.
> And that includes the finance department, of which I've certainly seen some of the most stupid ideas. Like software capitalization/activation that did made sense for converting opex to capex in the GAAP sheets, but in the end drove all the best engineers away because of all the mindless paperwork. Just one of many examples.
The opex to capex justification stuff comes from accounting, not finance. Its very painful, but the accounting teams must follow the law/gaap rules of accounting.
> Finance isn't any more intelligent than the other players in the company.
Absolutely correct. Just another cog in the corporate machine. If you find yourself frustrated with any cog (co-workers) its probably best to talk to them and figure out what you are missing.
Most people are trying their hardest.
That said, I actually love Florida’s climate. The problem with Florida for me is the lack of outdoor activities, especially in the summer except for the beach and boat.
I personally prefer the bay areas hiking, access to park, playgrounds etc, but if you prefer beach, Florida is amazing and you adjust quickly to shorts 320 days a year.
If someone had told me to remove the teeth because of the pain, I would have said yes.
I’d at least make sure that they tested your bite before you move forward with extraction.
I worked at Levi’s Corp for 3 years and was surprised to learn that clothes have large tolerances in sizes to keep costs down.
True fit says you should select a size based on the size you wear in another brand. That won’t work because no brands have consistent sizing. Even if a brand used extremely tight size tolerances, brands actively size up and down their clothes based on the whims of merchants.
The solution is to just buy 3 sizes of each item you want and select the best fit and return the rest.
Not sure what that means for anything, but it’s important to remember that what we consider the gold standard today, BTC, ETH, they may be tomorrow’s tin.
I’m going to hijack the negativity here and ask if anyone has any advice on writing a first smart contract.
I feel like I cannot fully understand ETH or BTC lightning until I write one for fun. Does anyone have any advice on how to get started?
IMO, if you are going to write a smart-contract or "invest" in crypto, you should have an extremely good reason to do it anywhere but ETH/BTC.
The price and value of the chain give an signal of security.
I’d like to see a lot of research on that part of the topic. Maybe take a zip code and give everyone UBI in that zip and see how things like housing prices change within that zip.
"If running it yourself is too daunting, we can host it for you on your own dedicated virtual server for as little as $5 per month."
When I’m eligible, I still may take the nRNA, but my preference is on older tech at this point.
I fully acknowledge that the nRNA is extremely likely to be safe, but it’s just my preference
Check out this list https://en.m.wikipedia.org/wiki/List_of_aircraft_hijackings
Recently I have had friends that are very far from the tech scene, but well versed in investment risk pick up BTC as institutions announced the onboarding of coins.
I have no idea if $30k / btc is reasonable or insane, but I think we will know when bitcoin gets to the final price as the correlation to gold gets closer to 1.
Housing price is up, but not rent (all over US), that is driven by lower rates rather than inflation.
All that said, a ton of money was dumped on the market. We won't know until later in the year what the result of that is.
Both lies are used to gain political power by Politicians.
Both lies cause real harm. Saying the lie about Miami while simultaneously saying you can lie about it due to your faith is as wrong as the right saying there is no chance global warming is real.
If you just had custom functions, you can trace them back pretty quickly and end up with an understanding. Teams will also probably create ‘known’ custom functions for their use case, like converting account Chart of Account codes to finance COA codes etc.
On one hand the CCW permit is for the personal benefit of the person receiving it. If the company needed armed staff, they could simply hire full-time armed guards. There is no reason head of security at Apple needs to be armed using a concealed weapon. They are not going undercover to bust smugglers or whatever.
On the other hand, the payment was to the Sherriff's office, not the sheriff himself. That makes it a lot less like bribery to me because it still benefits the government.
What makes it especially tricky is that it seems as though the Sherriff asked for the payment. If they did and provided official written documentation to Apple, that feels like a professional and real agreement to provide hardware to the government.
At the end of the day, what will make this bad for Apple's head of security is that he was personally benefiting from the Sherriff's actions by receiving favorable treatment for a CCW he didn't need, and used company hardware to get that favorable treatment.
It is either a scam or an incredible investment opportunity. We will know in 3 months. If it is a scam, they will keep selling them individually. If it is an incredible investment opportunity, they will stop selling them and be funded by someone who is reading the article today. In the US, their investment proposal likely violates the law by guaranteeing a return.
I hope its an incredible investment opportunity and I hope they deliver what they say they will.
The vast majority of 'investment' opportunities available to people without substantial assets or income are scams, or very likely to underperform investments.
Even in SV, VCs are feverishly competing to get their investments accepted by the best companies.
The law may feel counterintuitive, but is a good investor protection that needs to be in place.
I was talking to the person doing my physical and he mentioned that most men he sees are being ‘nagged’ in to buying insurance by their wives after a baby.
I found that to be interesting. It’s ultra irresponsible to not have some coverage, and if I were on the other side, I would nag too.
Would you mind sharing some of the thoughts your team had while you explored the options available? It feels like such a good move IMHO, I'm very interested in learning how you got there.