yaacov

If your cofounder isn’t full time, that’s not your cofounder. That’s a part time contractor who owns 50% of your company.

My point is just that the words this guy is using have commonly-accepted meanings and he’s using them wrong.

No it wouldn’t. That makes no sense. You have no idea what “excludable” and “rivalrous” mean. Please read a few Wikipedia articles.

Healthcare is not a public good. It is both excludable and rivalrous. In fact, it is the exact opposite of a public good.

https://en.wikipedia.org/wiki/Public_good_(economics)

If you have any questions, please reach out to yaacov[at]commenda[dot]io

Finally a question about my area of expertise!!

I’m the CTO of commenda.io. We help Indian startups get set up with RBI-compliant, venture-ready Delaware c-corps.

There are 2 reasons why Indian corporations like to incorporate in the US:

1: VC. American VCs love investing in Indian startups, but they hate investing in Indian corporations. YC invests only in corporations set up in the US, Canada, Singapore, or Cayman Islands. Other VCs have different requirements, but they all accept US.

2: Sales. If you’re selling to US customers (which most Indian SAAS startups want to do), a US entity will help you build trust and a US bank account will make it easier for your customers to pay you.

It’s okay, neither can the people posting

> Too often despots and their cronies get countries into economic trouble, countries that have been taken advantaged by Western interests for hundreds of years.

Agreed.

> When the country collapses, the IMF and World Bank subjugate the country to Western interests further often to the destruction of the environment and detriment to upward mobility of the population.

Can you give me any concrete examples of IMF reforms making a country worse off economically?

> Using statistics like reduction of extreme poverty or wage growth when not taking into account other factors like inflation or mortality for example

Okay, mortality in India has fallen steadily from 1% in 1991 to 0.7% in 2020. And inflation doesn’t have a clear pattern but it’s never returned to its 1991 peak of 13.5%.

I’m not just cherry-picking stats here! India has actually gotten way way better in the last few decades, and the rate of improvement rose dramatically after the 1991 reforms!

IMF/World Bank stuff actually works, see https://en.m.wikipedia.org/wiki/Economic_liberalisation_in_I... as an example. “Trying things” is good, but more countries should try IMF reforms like India’s.

> From 1992 to 2005, foreign investment increased 316.9%, and India's gross domestic product (GDP) grew from $266 billion in 1991 to $2.3 trillion in 2018[6][7] According to one study, wages rose on the whole, as well as wages as the labor-to-capital relative share.[5]

> As an effect of the liberalisation in 1991, extreme poverty reduced from 36 percent in 1993-94 to 24.1 percent in 1999-2000.[8]

Requirements change. I’ve seen 10+ year old proto files at google still being used by services that are still being actively developed.

Over those ten years your data model has evolved. Your first client, the one whose data model you were imitating when you added the required field, was deprecated five years ago and turned down last year. You have a dozen or a thousand client services, each using you as a backend in a slightly different way. Are you sure every single one of them is going to require that field? Are you sure the field will even be semantically meaningful for their use case?

Well if there’s a guy who’s sitting alone in his room all day playing games on his own how would you get to know him?

the richest people in america got that way by creating enormous amounts of value and then capturing lots of it for themselves.

the richest people in russia got that way by plundering the country of its natural resources and the remnants of the soviet-era industry.

those are not the same.

You’re misunderstanding the paper. This is not the number of people who can correctly define the word, it’s the number of people who can correctly recognize that it is actually a word.

It’s getting clearer and clearer that these viruses are extremely bad, see for example https://denovo.substack.com/p/epstein-barr-virus-more-maladi...

One of the most interesting parts of Lee Kuan Yew’s book for me was when he talked about all the critics he sued for libel. He justified it as “of course I sued them for libel, otherwise why would anyone believe me when I said they were lying?”

> As of December 6, 2012, Google stopped offering the free edition to new customers.

10 years of a free product is not bad

Guessing it’s a fake post for reddit karma

it’s been 10 years, do we know how that’s affected the quality of education there?

False Morels (Gyromitra esculenta) can have toxic amounts of hydrazine, it is usually safe WHEN COOKED but a couple people have died from them.

you may want to look into Wave Senegal, i have heard very good things

Governments already do this! My brother goes to a school only a few miles from NYU that’s totally paid for by NY city+state government. I think he pays a couple hundred dollars per semester.

But students choose NYU over those schools…

Georgism makes a distinction between Capital (value produced by labor) and Land (value that existed before humans showed up). Rewarding owners of capital incentives people to make more, but rewarding owners of land benefits nobody other than the landowner.

Can’t comment on most of your post but I know a lot of Amazon engineers who think of the CoE process (Correction of Error, what other companies would call a postmortem) as punitive

That’s correct, pictures of human remains are allowed. I was referring to the museum situation. Many religious Kohanim would avoid going to a mummy exhibit.

Some people avoid human remains for religious reasons too. Religious Jews who are Kohanim for example.

She should slow down and get better at picking cost-effective charities

You might enjoy reading about https://en.m.wikipedia.org/wiki/Export-oriented_industrializ...

Blaming individuals doesn’t help, it’s a coordination problem. If any one MBA refuses to outsource they’ll just be outcompetes by someone who does. This is the sort of problem that requires a government to solve

A lot of my friends work at Amazon. The situation this engineer was thrown into sounds worse than average but I have heard similar stories.

Amazon usually takes 3 months or so to fire people for real or imagined “poor performance”, so this engineer must have said something pretty bad on the call.

Why not just aim for 2% inflation like normal?