HNHacker News
TopNewBestAskShowJobs

anilshanbhag

1,563 karma · joined November 10, 2011

http://github.com/anilshanbhag
submissionscomments
anilshanbhag··on Snapchat CEO’s leaked memo on survival
Lost in all this is an important distinction that Snapchat wanted to make: they wanted to separate friends from influencers / celebrities / media. It was a good change. Another important thing Snapchat does is it doesn't show likes / followers publicly - when the whole world is chasing these numbers Snapchat has taken stance against it. The general philosophy they follow makes me think this is short term pain and the company will do fine in the long run.
anilshanbhag··on What went wrong at Social Capital
Axios style of reporting is unique. Their articles are concise with clear paragraphs and bulleted points. It is welcome change and I wish more sites adopt a similar approach.
anilshanbhag··on DuckDuckGo Raises $10M
https://duck.co/help/results/sources says they have 400 sources which is special cases like Wikipedia,etc. The core search is powered by Bing (Yahoo uses Bing) and Yandex in Russia.
anilshanbhag··on DuckDuckGo Raises $10M
DuckDuckGo claims to be all for privacy. What it doesn't tell users is that it is just a wrapper around Bing search results. The $10M they plan to spend is just going to increase search traffic to Bing.
anilshanbhag··on US bosses now earn 312 times the average worker's wage
Average Walmart worker earned $19,177 in 2017 while CEO Doug McMillon took home $22.8m – a ratio of 1,188-to-one. Yes its a big number, however I don't see anything wrong here. Walmart has around 2.3m workers, Doug's salary is roughly $10 per worker per year. Also, $23M is chump change as he is doing a great job in moving Walmart (just this morning Walmart stock increased 10% == $26B - 1000x his salary).

Salaries are only part of the equation. For example, Drew Houston (founder of Dropbox) is worth $3 billion while an software developer at Dropbox has net equity of less than $1 million. Thats 3000-to-1.

anilshanbhag··on The Pension Hole for U.S. Cities and States Is the Size of Japan’s Economy
Taxes being lower or higher are not what determine size of pension hole. Greece and Italy have higher taxes and still have a pretty big pension hole. The problem is public sector employees are promised pensions higher than county/city can afford. Unlike a corporation which has to balance its budget, city officials go beyond means with their promises in order to get elected and leave the problem for the next set. This is one of the main reasons why many in this country prefer a small government vs big.
anilshanbhag··on Launch HN: OneGraph (YC S18) – Build API Integrations with GraphQL
Congrats on launching !

Two questions:

1) In the example you show above, how are you figuring out which twitter accounts are linked to the channel ?

2) API integration is a one-time effort and largely done using libraries. Do you have a real world use case example ? My sense is most calls are isolated - for example I want to read my last few trasactions from Stripe or get last few tickets from Zendesk. Would it make sense to go through an intermediary like you and pay another monthly fee ?

anilshanbhag··on Tesla has asked some suppliers for cash back to help it become profitable
Wall Street Journal is reputable and I subscribe to it. It is probably the best one for US business news.

However it has a long history of publishing sensationalist articles especially about Tesla. I remember the articles about executives stepping away, NTSB probes, yellow lines, bankruptcy ... The recent article by Dan on how good Model 3 is is the only positive article I remember on WSJ about Tesla.

anilshanbhag··on Tesla has asked some suppliers for cash back to help it become profitable
This is just speculation. The story constantly says 'suppliers' when it is just one person at one supplier who has corroborated the story.

"Some suppliers contacted about the request said they were unaware of such a demand."

=> They didn't find any other suppliers who had received the said memo.

anilshanbhag··on Tariffs China imposes on every country
One important thing people miss is that majority of US exports are commodities. Take soybeans for example. Global soybean market has supply and demand balanced. US exports largely to China and Brazil to Europe. Now, due to tariffs China has started buying from Brazil leading to spike in Brazilian soybean and fall of US soybean price. Supply gets re-routed and market comes back to normal. China on the other hand exports finished goods which can't be re-routed. The larger players in the market know this - the Shanghai index is at a 3 year low which the Dow is at an all time high.
anilshanbhag··on Amazon, the Brand Buster
New York Times with its typical anti-capitalist spin. Amazon Basics doesn't sell because its Amazon or they used ‘Data That No One Else Has', it is simply the same product at a cheaper price.

The same is true at Kirkland at Costco, Great Value at Walmart and Signature at Safeway/Albertsons. You can buy Signature batteries at Safeway. Brands clearly add a brand tax which is unjustified. They have larger distribution/scale than store brands, yet they charge more. Market forces are driving prices down and that is a good thing.

anilshanbhag··on Harvard discrimination lawsuit: data show penalization of Asian-Americans
The right way is to improve education in neighborhoods with black/hispanic communities.

Instead if we just introduce quotas, the system is not going to improve. Having 50 more blacks admitted to Harvard does not change anything for millions of African Americans who get lower quality education. This is just the easy way out for politicians.

anilshanbhag··on ZTE of China to Pay $1B Fine in Deal to End U.S. Sanctions
Well sure lets put 28000 people out of their jobs. It's a perfectly good company with a bad management. Management is being replaced, fine is levied, enforcement is done to prevent future mistake, life goes on.
anilshanbhag··on The New Yorker has formed a union
Print magazines are on a secular decline. Conde Nast would want to re-organize => layoff some people is because the revenues are going down. When there is growth, they would be hiring not firing people.
anilshanbhag··on QuitGenius (YC W18) raises $2M to help people quit smoking
This reminds me of Weight Watchers ($WTW). The idea is crazy - people will pay for advice and some instructions I guess. $WTW is a $5B company now.
anilshanbhag··on Launch HN: Dharma (YC S17) an open protocol for borrowing/lending cryptoassets
This can happen on the stock market too. When bitcoin drops to around $5k, you get margin called and bitcoin will get sold on the open market.
anilshanbhag··on Amazon offers Whole Foods discounts to Prime members
I still fail to understand why people shop at Whole Foods. Whole foods store are smaller, have lesser choices and are significantly more expensive. Every grocery store sells organic food. Even with 10% discount, their prices will be higher than Trader Joe's / Star / Kroger.
anilshanbhag··on GDPR will pop the adtech bubble
How is IP and browser personal data ? If you think it is, you should not be on the internet.
anilshanbhag··on MoviePass has changed people’s moviegoing habits
There is close to 0 percentage this company survives. The stock has fallen 40% each day for past few days. AMC head says they don't discount tickets and average moviepass holder watches 3 movies a month paying average $12 per ticket. They burn 21M a month and less than that in the bank. Plus they took money from many consumers for annual passes which will get them sued for fraud.
anilshanbhag··on Walmart Beats Amazon in $15B Flipkart Battle
Both apps don't urge users to go review their app on the play store. On this assumption, since both serve similar demographic of users - the average number of reviews written per week has to have a strong correlation to number of new users.
anilshanbhag··on Walmart Beats Amazon in $15B Flipkart Battle
This the wrong metric to look at. If you look at number of app reviews per week on Appannie, Flipkart averages roughly twice the number of reviews as Amazon with better average rating (4.6 vs 3.9). ~85% of India only accesses internet via mobile.
anilshanbhag··on MIT Should Not Be Supporting the Saud Monarchy
Change cannot happen overnight, it is a gradual process. Saudi has improved: two major improvements - woman being allowed to drive and opening of the first cinema in 35 years ! I expect more changes to happen over time.

The situation in Yemen is bad. However it is not totally one-sided pain inflicted by Saudi Arabia as portrayed in the article. The Houthis are after all well armed militants who were/are trying to overthrow the Yemen government.

Some people at MIT have hardline stances which should not be mistaken to be the institute's opinion or the majority opinion. A year ago there was a movement by some to have MIT divest from oil/gas-related companies which failed.

anilshanbhag··on China smartphone market suffers hard-landing, shipments decline 21% in Q1 2018
It sometimes amazes me that people switch their phones so often. I tend to have a phone for 3 years. Many of my friends change every year ! One step to towards reducing global warming is reducing consumption.
anilshanbhag··on T-Mobile seals merger deal with Sprint
TMobile is a real 3rd player. AT&T and Verizon are just happy if their net adds in a year are positive vs TMobile which is adding a million+ every quarter for past 10 quarters.
anilshanbhag··on Musk says Tesla will be profitable in Q3 and Q4
Accounts payable is a rotating line i.e. there is turnover. The first X gets paid and a new X comes in. It did not grow $1B qoq.

The burn rate of of $1B+ would need to go to 0 to be called profitable + cash flow positive. Profitable => Net income > 0; cash flow positive => including capex net cash flow into business > 0.

anilshanbhag··on Musk says Tesla will be profitable in Q3 and Q4
Before claiming he is stupid, you need to read the balance sheet. They have enough cash in hand to pay the maturing debt. If they are cash flow positive, technically they don't need to raise money. However, Tesla wants to expand to start production of Semi and Model Y. Analysts predict they need to raise money for setting up production (which is technically optional).
anilshanbhag··on Trump orders Postal Service review after blasting Amazon deal
After reading multiple reports, I am confused if anyone really knows if it is profitable or not. Do you have a source for your claim ?

UPS and Fedex have operating margin of ~6%. They have spent 10's of billions of dollars into optimized sorting facilities and logistics. Yet, Amazon uses USPS for last mile delivery. USPS also has to deliver to non-profitable remote locations and has public unions which demand above-market salary/pensions. A less-optimized player with higher cost base offers service at lower cost than a business with 6% operating margin - simple math makes me believe they are losing money on those orders.

anilshanbhag··on Trump’s Campaign Said It Was Better at Facebook, and Facebook Agrees
I don't believe the numbers. Clinton outspent Trump 2 to 1. She had the most sophisticated ops (including Groundwork (Eric Schmidt-backed startup)). How could Clinton campaign have spent half the other when it was their area of competence ?
anilshanbhag··on An Update on Last Week’s Accident
It is pre-mature to say this. Why would they say "AutoPilot seems to have made a grave error here, and steered the car into the barrier." if it is possibly not their fault ?

If indeed it was auto-pilot's fault, they will likely put the statement out later.

anilshanbhag··on Tesla Bonds Are in Free Fall
The bloomberg tracker predicts a rate of around 2000 https://www.bloomberg.com/graphics/2018-tesla-tracker/

I wouldn't say they are laughably behind. Projects do get delayed. My own projects got delayed by multiple months. The California high speed rail is 3 years delayed ! Its better to do it right than to just hurry things.

← PreviousPage 3 of 8Next →