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aml183

999 karma · joined March 28, 2014

I'm the co-founder of Payload, a media company covering the business and policy of space.
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aml183··on Peloton to invest $400M to build its first U.S. manufacturing facility in Ohio
If you want to learn more about tech in Ohio. Check out OhioX. It is the trade association for the technology community in Ohio. They are doing some great work on trying to attract and retain tech talent in the region.

https://www.ohiox.org/

aml183··on NASA suspends SpaceX’s $2.9B moon lander contract after rivals protest
That isn’t true. NASA has many contractors. The biggest joke made about NASA is that it exists to give as many jobs to different Congressional districts as possible.

The SpaceX bid wasn’t just superior to the other two bids, it also aligned with the Artemis’s mission to get to Mars. SpaceX’s Starship is about getting to Mars and the Moon is just a stop.

Dynetics and Blue Origin’s bid was about getting to the Moon. It didn’t support the longer term vision of Artemis IMO.

I think many people also forget this is the first of two Lunar bids. The second will be for “recurring landing services”.

For all the criticism of Elon, SpaceX is a far superior launch company to what is currently in the market.

We will see what will happen with ULA’s Vulcan Centaur, but right now SpaceX is winning.

I run a space media company. You can sign up for our newsletter here: https://www.payloadresearch.com/

aml183··on NASA Has Decided to Start Building the Lunar Gateway Using the Falcon Heavy
If you are a fan of the space industry, check out my newsletter, Payload.

Once a week we send a newsletter covering the business of space. It includes business news, satellite launches, fundraising and more. Feel free to sign up below.

http://payloadresearch.com

aml183··on Photos from the Surface of Venus (1982)
If you are a fan of the-space industry, check out my newsletter Payload. Once a week I send a newsletter covering the business of space. It includes business news, satellite launches, fundraising and more. Feel free to sign up below. http://payloadresearch.com
aml183··on Full success of first-ever cubesat mission equipped with Hall-effect propulsion
Hey, here is our previous newsletters: https://us17.campaign-archive.com/home/?u=9c1db628330a8f7126...
aml183··on Full success of first-ever cubesat mission equipped with Hall-effect propulsion
Bit of a plug, but I run a newsletter on the space industry. Might interest some of you reading this thread. https://www.payloadresearch.com/
aml183··on Ask HN: What are you working on?
I'm working on BrandStreet. BrandStreet is a community of operators building brands through creative, unpaid marketing and media.

We have 83 paying members in the first month.

Visit our site here: https://www.brandstreet.co/

aml183··on Space things happening in 2021
Hi Everyone. I am the co-founder of Payload. We are a free weekly newsletter covering the business and policy of space. We cover topics like this all the time in our writing.

If you are interested, sign up here: https://www.payloadresearch.com/

aml183··on Silicon Valley and Defense Tech
I just launched a data and media company covering the business of space. We will be covering some of the things discussed. You can sign up for our weekly newsletter: https://www.payloadresearch.com/
aml183··on Launch HN: Writer's Bloc – Collaborative, Slack-Based, Writing Community
Friend of mine recently launched this. It’s a community for writers.
aml183··on How Will Clubhouse Make Money
Agreed. That’s why I suggested the pivot. It explains how its novel solution can become a permanent revenue generator.
aml183··on Riverside.fm – Video Podcasting Tool
I just started using this platform for my podcast. It allows me to record video locally for my podcast. It's pretty cool.
aml183··on The Epic Games Primer
If you don’t want to read the essays, I published my notes on them.

https://www.arilewis.com/aris-posts/notes-on-epic-games

aml183··on Notes on Epic Games
I agree, but Tim Sweeney’s goal is to create the Metaverse. If done, though unlikely, it would solve these issues.

Go to essay #6 to see Matt and Jacob’s argument.

aml183··on Ask HN: What's your quarantine side project?
I started finally spending time building my personal brand. I am writing twice a week about content strategy and hosting a weekly video podcast.

https://www.arilewis.com/

aml183··on Ask HN: Is There a Wall Street Oasis for Software Developers?
It's a website. https://www.wallstreetoasis.com/
aml183··on The Coming Mental Health Crisis as Remote Working Surges
I'm actually hosting a webinar today on this very topic if interested: https://www.eventbrite.com/e/101595382524
aml183··on Titan launches its mobile ‘not a hedge fund’
You can't backtest a fund such as VTI. The issue is that these analysis don't take into factors such as volume. I'm sure if someone backtested $100MM investment in Bitcoin starting from 2010, the results would be spectacular, but we all know that buying pressure would've caused Bitcoin to skyrocket and the returns would be less than the backtested results.

I personally tell people to invest in index funds if they don't understand investing, but it doesn't mean it will do better than other options. Index funds are only a recent phenomenon.

The biggest issue with index funds at the moment is "group-think". If everyone in America is investing via index funds then when people need money, those same index funds will fall sharply. There is a valid line of thinking where one should avoid stocks with heavy exposure to index funds because those stocks will have the best returns during an equities downturn.

http://theirrelevantinvestor.com/2017/08/31/today-in-market-...

aml183··on Titan launches its mobile ‘not a hedge fund’
I disagree. It's very unclear what strategy will work over the next 20 years. Many people are bullish on index funds because research has shown that they outperformed managed funds over the past 10-20 years. It doesn't mean they'll outperform over the next 20 years. Past results are no indication of future results.
aml183··on SEC Charges Rothenberg Ventures in Fraudulent Scheme
There is something called fund expenses. A GP can allocate part of the fund to pay towards expenses they deem to be fund expenses. For example, the audit would be classified as a fund expense. Most funds have an outside administration company that handles the money and approves/rejects these decisions.
aml183··on Cryptocurrency investor robbed via his cellphone account sues AT&T for $224M
This was a good article about how to prevent these types of attacks. https://medium.com/@masonic_tweets/minimum-viable-security-3...
aml183··on Maria Konnikova Shows Her Cards
This article is a bit misleading. She might have won $200,000, but it doesn’t account for buy-ins. Also, tournament poker has huge variance. It could take years to know if someone is a winning player. If you play cash, a good player will win something like 7/BB per hour. I’m not saying she is or isn’t a good player, but the metrics used are misleading.
aml183··on Where is the money for mobile app developers in blockchain?
DAU tracking #'s are based on on-chain activities. We don't know daily active user #s for activities such as visiting the crypto kittie site and looking at different kitties.
aml183··on I was a corporate restaurant consultant
Correct, but I would say it's next to impossible to find a VC who treats a SAFE/Convertible Note as debt. Nobody wants it paid off, the VC will always choose to convert to equity because that is the VC's model.
aml183··on Statement on Potentially Unlawful Online Platforms for Trading Digital Assets
Where did it say that?
aml183··on Worries Grow That the Price of Bitcoin Is Being Propped Up
Most, if not all, financial institutions aren't exposed to cryptocurrencies directly either through futures or the underlying currencies. Institutions are defined as endowments, sovereign wealth funds, pensions and asset management firms such as Goldman Sachs. Capital inflow into the cryptocurrency space in aggregate is still less than $10B. If the Norwegian sovereign wealth fund bought Bitcoin, their minimum purchase would probably be $50MM which represents .5% capital inflow and a nice uptick in "market cap" of the industry.

Bitcoin is by no means established because these institutions aren't investing. If and when the day comes that this happens then Bitcoin will be established and increase one or two magnitudes. Many of the above institutions legally can't invest because they are restricted by their mandates. Bitcoin is a terrible use case for criminals because it's transparent. Monero would be better because it's anonymous.

aml183··on Tokyo-based cryptocurrency exchange hacked, losing $530M: NHK
The insurance coverage is limited and doesn't cover theft of individual accounts.
aml183··on Hedge Funds Flip ICOs, Leaving Other Investors Holding the Bag
This article gave no specific examples of a hedge fund actually flipping a position.
aml183··on Is There a Cryptocurrency Bubble? Just Ask Doge
I guess sell it. People think it's valuable. Cryptocurrencies are priced not valued. You can't just go Dogecoin is valued at X. Dogecoin is priced based on supply and demand which is saying it's worth $91MM.
aml183··on Is There a Cryptocurrency Bubble? Just Ask Doge
I have great respect for Kevin Roose, but this was a disappointing piece. Dogecoin was a meme. It gained popularity and is still worth something. Jackson Palmer might not believe it has value, but clearly, there are people who own Doge that think otherwise.

There is definite frothiness in the market. Some token sales are scams, some are overpromising, and some that look promising will probably blow up. Take a look at SEC Fraud statistics for 2016. Crypto scams are a small fraction of these crimes: https://www.sec.gov/news/pressrelease/2016-212.html

Reporters need to separate Bitcoin, Ethereum, Litecoin (and some of the other older cryptocurrencies) from token sales and other crypto assets. Bitcoin has existed for 9 years and has real users with real use cases (remittance & cross-border payments)

I can keep going, but reporters really need to make an effort to do more research and separate fact from fiction (I guess this can be said for many areas of journalism though).

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