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ztratar

1,704 karma · joined January 23, 2012

zachtratar.com

tweet: @zachtratar

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ztratar··on SpaceX makes history with successful first human space launch
Also curious what all this is getting at.

"This has little integrity" isn't useful for the conversation, but it has the potential to be an interesting topic if you just back up the assertion. I hope you will do so.

ztratar··on American billionaires got $434B richer during the pandemic
Article picks the worst possible dates and stretching the truth. Bad reporting.
ztratar··on Which billionaires are doing the most good?
What would you like to see different?
ztratar··on Which billionaires are doing the most good?
Great feedback! Will take this to heart as I ponder the next iteration.
ztratar··on Billionaire Board
Author & creator here.

My co-worker (without telling me, hah) posted the actual billionaire board website 5 hours ago.

100 comments within the first 2 hours, then it was taken down. I had no idea any of this was happening.

So here's the blog post.

I'd also like to call out it's wrong that the first post was flagged and it should be removed. The community guidelines were all followed.

https://news.ycombinator.com/item?id=23021161

ztratar··on Which billionaires are doing the most good?
Not sure why this post was flagged or taken down. It follows the guidelines and is something I made.

Feeling quite bad about this situation.

ztratar··on Which billionaires are doing the most good?
Creator here.

It's all arbitrary, IMO. Idk if they're "siphoning off profits", since most of their value is in equity and Amazon, for example, isn't historically very profitable.

Getting richer every year in equity value is a strange concept. I think there should be some additional taxes, but we also shouldn't expect taxes to be a real solution.

ztratar··on Which billionaires are doing the most good?
Thoughtful perspective!

This is the v1 of the site and I'm looking to improve it.

- How can I make it more neutral? - Is it sometimes worthwhile to simply accelerate the deployment of capital? Can you combine the two incentives?

My mindset, to be clear, is that we want more people to strive to be like Bill Gates with their wealth. Even determining who that is right now is extraordinarily difficult. Making the data public is step #1, and then figuring out how to help them leverage philanthropy effectively is step #2.

ztratar··on Which billionaires are doing the most good?
Creator here - didn't know this was posted! Was going to launch tomorrow lol.

Anyways, here's the launch blog post: https://www.zachtratar.com/introducing-billionaire-board.htm...

ztratar··on Which billionaires are doing the most good?
Do you have real data on that?

I see that argument everywhere, but haven't found substantial proof.

ztratar··on Which billionaires are doing the most good?
What would make it feel less like that?

I was at first making it a lifetime-oriented ranking, but that felt like "shame these specific people!"

I think there's a middle-ground between celebration and shame that I'm trying to hit.

ztratar··on Which billionaires are doing the most good?
I didn't want to make a site centered around shaming / punishment / anger.

I think it's a valid thing to make that data public though.

Lmk if you build the site.

ztratar··on Which billionaires are doing the most good?
Creator here. Joke is indeed A+ funny.
ztratar··on Which billionaires are doing the most good?
Good feedback. I'm going to make the pledges into funds count for less, and make it more obvious which $ has been pledged vs deployed.
ztratar··on Which billionaires are doing the most good?
I'm the designer. And engineer, etc. :P

Sorry, which are the three titles?

I see "billionaire board" and "Top donors this month" as two, but what's the third?

Will put the caps in sync!

ztratar··on Which billionaires are doing the most good?
Admittedly the scoring just highly multiplies donations for this month. It still gives some weight to donations and giving before hand, but less so.
ztratar··on Which billionaires are doing the most good?
Creator here -- didn't know I was posted to HN! I was planning on doing a Show HN tomorrow. Oof.

- Totally agree. I have all the data on doing percentages. The "score" actually normalizes across their percentage. Will add this more visibly.

- The "last month" is just to give any billionaire a chance to get to the top spot. Also open to making it more.... "last 3 months" or so? We had a lifetime ranking at first, but then the site felt too static and cast a lifetime judgement on people instead of giving them the opportunity to attain a top spot.

- Agreed on the descriptions. All the data was crowdsourced, so we can go through and improve these.

- Suspect in terms of what exactly? We definitely launched early (as one does). Open to more feedback!

ztratar··on Stripe raises $600M at nearly $36B valuation
-
ztratar··on AWS Just Started Folding
No information in the link.
ztratar··on AI can detect coronavirus from CT scans in twenty seconds
Why is this, even though it was so prevalent in China as a key signal for testing?
ztratar··on Coronavirus has disrupted supply chains for nearly 75% of U.S. companies
The US exports a massive amount of crops to China, not vice versa.

US Agriculture Exports to China = $25B US Agriculture Imports from China = $5B

Source: https://www.mda.state.mn.us/sites/default/files/inline-files...

ztratar··on Project Coldfeet
If it was, the US would have declared war on China a decade ago.

Non-violent theft is a common geopolitical strategy.

ztratar··on Australia sues Facebook over Cambridge Analytica
No $529BN fine would ever actually happen.

That would be considered economic warfare and the US wouldn't allow it.

ztratar··on [dead]
"Another common mistake iPhone users make is leaving all of their apps open. When you stop using an app without closing is afterwards, the app sits in the background and uses up a small portion of your iPhone’s processing power."

This is entirely false. In fact, closing apps takes more power than leaving them running in the background. This is common knowledge amongst iOS developers.

ztratar··on N26 will be leaving the UK
Migrating banks puts your users through a migration themselves (new terms, transfers, new issued cards, etc). It's very difficult.

On top of that, their UK business wasn't doing very well.

So why double down on a losing bet and go through a ton of pain for it?

ztratar··on The Yang Gang and Its Bots
Sorry you had a couple bad experiences with folks. I'm biased, but I think Yang's message is more positive than others.

Hopefully over time he can earn back your trust.

ztratar··on Analysis of compensation, level, and experience details of 19k tech workers
You were getting massively underpaid.
ztratar··on Biden Calls for Repeal of Law That Shields Internet Giants from Liability
Dumbest misunderstanding of the technology industry, ever.

There is no real benefit from passing this repeal.

ztratar··on 'Break up big tech's monopoly': Smaller rivals join growing chorus
"Surely nimble American startups should be able to disrupt their state-sponsored dinosaurs."

I would recommend researching more about the Chinese technology industry. They aren't dinosaurs. Huawei, Tencent, Alibaba, Baidu, and Xiaomi are all serious contenders due to Government support and their overall productivity.

ztratar··on Visa Buys Plaid
It's actually pretty rare to not run into issues with Plaid.

It depends on your customers, too.

If you're targeting consumers, Plaid's integration works far better than if you're targeting business bank accounts.

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