wtvanhest

I think we should wait to make determinations on cause until we see if that changes once the weather turns in the north and Europe and people return to heated spaces.

If this was really a matter of herd immunity, Florida wouldn’t be getting hammered right now.

On top of that, none of the things mentioned were big problems during the 80s when the concord was in its peak. Security just started ramping up after the wave of 1970s hijackings that necessitated security at airports

I don’t have a developer’s account, but I’m new to iPhone in the last 4 months and my phone also goes from realty.com to realtor.com.

Not sure if a lack of history is for some reason causing it, or the presence of history is preventing it

Excellent point. In fact, the entire process of showing the witness the photos should be recorded, and double blind. I.e the officer showing the person should not know anything about the lineup.

Clever, really is a better experience. I’d love to see this used more. I haven’t seen anything like this in a long-time.

Tech IPOs usually find there way to the top of the page since that is viewed as a major milestone for any company, especially fast growth startups

Not according to the CFA Institute, or any number of other sources. LPs may incorrectly label PE and VC as separate subsets, but most large, institutional LPs will have PE, then separated by type.

CFA is the best source, but there are so many others, including my professional experience at a major asset manager.

https://www.cfainstitute.org/en/membership/professional-deve...

> Definitions of private equity differ, but in this reading we include the entire asset class of equity investments that are not quoted on stock markets. The private equity class stretches from venture capital (VC)—working with early stage companies that in many cases have no revenues but have potentially good ideas or technology—all the way through to large buyouts (leveraged buyout, or LBO) in which the private equity firm buys the entire company. In some cases, these companies might themselves be quoted on the stock market, and the private equity fund performs a public-to-private transaction thereby removing the entire company from the stock market.

Startup investing is a subset of private equity investing.

Pe includes many illiquid subcategories including real estate, LBOs, startup investing, even niche stuff like infrastructure investing

Beneficial to founder, but this would be much more meaningful for employees who have much less control over the success or failure of their own company.

This is good advice. Saying yes to everything is basically the most important thing. The other thing is to try to tackle headache problems for your team or manager.

You’ll know it when you see it because you will literally get uncomfortable when thinking about completing it.

High output involves completely finishing things. It will be impossible at first, but as you get more experience, in both total and your current company you will be better at it.

Private prisons are an easy scapegoat to a much larger problem. In my opinion ending private prisons just removes a tool that politicians can use to avoid responsibility, so in that way, ending their practice is net good.

There are 2 problems with prisons in the United States: 1) There are way too many people in US prisons. We have the highest prison population in the world by percentage and total numbers of any country. That is a metric you don't want to win at.

2) The conditions are absolutely horrifying.

To solve the first problem, you need to do obvious things like eliminate mandatory minimums. But you also need to do less obvious things like reduce overall sentencing across all crimes. You also need to reduce or eliminate prison sentences for most non-violent offenders. We also need to put in place better negotiating power for accused people so that the innocent don't have to take plea bargains (basically we need more fair trials).

The second problem can be solved in a number of ways, but the big thing that is missing is oversight from groups unrelated to the prison who are responsible for metrics. Imagine you have centralized offices where people watch video in prisons remotely and bring charges against people on this inside or implement policies. Those people would have to be completely isolated from the guards/wardens etc. of those prisons. Imagine they sit in a central office in Houston or whatever and watch prisons in Montana, California etc. What prisons need is a set of eyes that can be truly impartial.

It is great that the discussion are becoming mainstream, but we have so far to go in this country. Its truly astounding.

I worked at Intel for a brief 3 month summer internship in finance (2010). One thing that struck me was that I was not allowed to put certain words in presentations because they didn't want those words used against them in court. Its been a long time so I don't remember what words, but that was a long time after the first set of anti-trust actions.

Maybe someone that has been there more recently can attest or counter my point, but it seemed to at least leave a surface wound on the culture.

That really would be the best legislation. A simple calc of the rent of the first 12 months of the lease becomes the base rent.

Or a single person outperforming over a long time horizon.

Your opinion is reasonable from a contractual standpoint, but, contracts aren’t all that matters.

Universities have a variety of tools they use to lock-in students. If the universities gave students the ability to take the semester off and get a refund before it started your argument would be strengthened. Most universities did not offer that option (if any).

When you build an org with a massive cost structure, you cannot survive big risks. We are seeing it playout in a number of markets, but education is about to be changed forever

They likely have to use the number of customers who are inactive and probable to request a refund, then use that estimate to calculate the size of a liability account which must be held on the balance sheet.

As it grows, that hits the pnl anyway so from an earnings perspective it doesn’t matter too much. Couple that with the cost of customer service calls etc. + the inactive customer count + the goodwill and the decision seems rational

I cannot imagine shutting down a company with a team. Must be really hard. Your note was refreshingly succinct, with genuine thank yous to the people that helped.

I don't have any advice or anything, just wanted to let you know that anyone that has ever tried something and failed understands how painful it is, and everyone else won't. Best of luck to you and your team as you all move forward.

Stores are locked in on pricing due to emergency order. I expect new stores to pop up with the ability to set new prices and pay more from suppliers.

Anyone have any insight in to why people shifting to eat at home would lead to less overall food demand though?

Presumably, if you have X food being produced by farms across the country, and people eating it, but split between restaurants (Y) and home (Z)... I would expect X to roughly equal Y + Z.

I would also expect Y + Z = total food eaten and not see any change in the value of Y + Z regardless of how food shifts between the two.

So how can you take away Y, but not increase Z at the same proportion?

Guesses: 1) Restaurants use a lot more ingredients? Seems unlikely since margins are so low.

2) Consumers reduce waste because they are not balancing getting food from two sources and are more likely to eat everything in their fridge? (My wife, son and I experienced this after we found out our son has food allergies to more than nuts and we basically only eat home cooked food), but I don't know if that is big enough.

3) Something else?

My gut tells me we are seeing a reduction in food waste which is due to less supplies, people being more careful. IDK.

I often wonder how much entertainment news impacts politician’s decision making. I have to assume that they consider what the major news entertainment companies will say about bills they author and support or don’t. in some ways, they are not just reporting, but likely influencing.

The OP is calling this a 'fake market'. That is inaccurate in that of course a certain number of people will pay for food to be delivered. Pizza delivery has been a thing for a long time.

Grubhub has taken a profitable share of the market which makes sense.

Some people believe that new entrants are using private funding to subsidize the price of delivery to gain market share. By doing so, they are expanding the market beyond what the economics of the market support.

Those new entrants would argue that they are doing so because once they lock in customers and restaurants, they can raise their prices or lower their costs and turn a profit.

Where this all ends up is an interesting thought exercise , but it certainly isn't an easy question to answer.

Would you or someone else mind expanding on this thought a little? Why does 99.9% specificity mean that 10% will be false positives?

{added: great answers below} well worth understanding this point. In short specificity measures the % of the population tested which had false positives, but doesn't give you the ratio of false positives to positives or the probability that a positive test means you actually have the anti-bodies.

That is only one of the ways it’s done. The other is to hire strategy consultants who analyze org structure then try to fit people in those remaining boxes. Those left out are really out.

Yeah, I wasn’t expecting much, but it sounds like a real potential breakthrough.

I’d love to see someone with experience in the industry comment

Top-tier law schools get the majority of big law slots and are usually a pretty good balance. Anything outside the top 8-10 law schools and the % of graduates who go on to big law is VERY, VERY, VERY small.

Law schools are the worst offenders in the education industry. Only a small percentage of law students end up at big law where the salaries can support the debt load, but almost everyone leaves law school with a mountain of debt.

On one hand this is correct, many apps compete only on form function like (Instagram vs snap).

I think there will always be a random form function that captivates (today’s ticktok), but my prediction is that the web will be won less by competing on form factor, and rather won focused on other parts of the user experience.

In a simple example, logistics is an obvious differentiator, 2 day vs 5 day shipping etc.

There are so many dimensions to compete on and app design will contribute to many of those dimensions, but some ways to compete will not involve coding.

So far, the highest estimates we are getting for antibodies are in the 20% range with dramatically flawed populations (NYC grocery).

Real number is less than that and could be way less than that.

Lockdowns create their own form of havoc, but I think they were the right decision at the time until we had more information.

Now we need to figure a low risk way forward

My point is that another set of pop exists that is not possible to test using the grocery store method.

I’m starting to believe that the difference in opinions on whether these studies are legitimate or not hinges heavily on personal behavior.

For my wife and I and kid, we live in SF and order food when we can from grocery. When we can’t, I put on an N99 mask and gloves and buy 2 weeks worth of groceries. Then go through a ritual to be as safe as possible entering the home and bringing groceries in.

If someone asks me at the grocery store to take the covid test, no way. How would I even do that safely???

I live in San Francisco though and am worried about the fact that the grocery is 70% instacart workers.

Everyone I know in the city (nyc, sf, Boston, Chicago etc.) is trying to use 3rd parties to get their groceries.

Everyone I know in the suburbs is going to the store.

I believe the reason people read this study differently is that their experience is different. The whole foods in downtown sf would be scary to be in without a mask. And I view it as the riskiest place I have to go.

It’s full of gig workers who are taking way more risk than the average person.

We will know more when we see the results of the study, but I think we need a more random sample before thinking this NYC study is even remotely close to showing that 20% of NYCers previously had it