They're moving closer to the "move-fast" thinking (although not the "break things" part fortunately) under the new administration: https://www.economist.com/news/leaders/21739157-drug-regulat...
1,241 karma · joined April 12, 2017
They're moving closer to the "move-fast" thinking (although not the "break things" part fortunately) under the new administration: https://www.economist.com/news/leaders/21739157-drug-regulat...
I'm not sure that is necessarily true. The iPhone 8 pricing ranges from $699 to $849, the 8 Plus from $799 to $949 and the X from $999 to $1149. A higher ASP doesn't necessarily indicate that the X has performed well, as it's possible the higher priced 8s have contributed to the overall increase.
"I seem to recall Walter Day had sold the rights to TG a couple years back. I used to work for TG some years ago, but hated it. My brother I and were constantly having to fight with what I call "the old guard" comprised of record holders from the early 80's. First, they resisted every one of our innovative new ideas like speed-gaming records for consoles, and then later we discovered a lot of the records from the '80s were bogus because video proof was not required back then. The worst was "Mr. Activision" (aka Todd Rogers), where I and several others were able to prepare a case and conclusively prove Todd had been completely fabricating world records for various Atari games. To name a few:
Barnstorming (2600): Todd's record, which stood for many years, was proven to be impossible once we broke down the game code and stripped the stage of any obstacles. With the stage completely blank, flying a straight line to the finish was slower than Todd's record. When we presented this evidence, we were attacked by fans and supporters of Todd, and eventually an excuse was cooked up that I lovingly refer to as "the coffee stain excuse". Yes, after being attacked and told we were clueless about how good Todd was, one of the referees covered for him and claimed the 'document' detailing his record had a coffee stain on the part where the record time was listed. Instead of throwing the record out and forcing Todd to do a legit one on video tape, they just simply adjusted the record to be MAYBE possible by adding a half-second to the time."
Source: http://nintendoage.com/forum/messageview.cfm?catid=31&thread...
Sounds nice, right?!
But, and this is admittedly a big assumption, this smelt like an acquihire at the time so I imagine the deal was structured in a way that allowed the financial investors to cash out with a respectable return while the founders committed to some form of earn-out to ensure their commitment and loyalty to making the platform a success for CNN. Given how quickly the shutdown occurred, you have to assume they didn't meet the metrics in the buy-out so will be leaving some (a lot?) of that purchase price on the table. If we assume a 50% discount that brings the net price down to under $10m split across a group of 10+ employees with the two founders presumably capturing about 80% of that. After tax ~ possibly at their prevailing income tax rate vs long-term capital gains ~ he may have realized a low-single digit million exit which is nothing to sneeze at for the vast majority of us especially given the quick turnaround. Now, if CNN negotiated hard on the earn-out or the investors had something other than 1x preferred it's possible that number is significantly lower, but none of us really know.
I think you and most of us on here fall within "the vast majority" referenced in the article:
"Still, the vast majority of people in Silicon Valley have no idea these kinds of sex parties are happening at all"
https://news.ycombinator.com/item?id=11833815
and is writing a book about it:
Reading the thread, it appears they were at most SWE interns at Amazon so the learning opportunities would be minimal I imagine. This feels all sorts of icky and the poster did the right thing by just walking away IMO.
I'm broadly generalizing here, but depression caused by a physical condition (e.g. an autoimmune deficiency) can typically be cured by attacking the underlying cause, but depression caused by a psychiatric condition is much harder to "cure" in the traditional sense and instead can be managed via modern pharmaceuticals. Now, those drugs come with some strings attached, but if they help a patient get out of the bed and function in the morning (as they do with my wife) then that's a net positive, but we're realistic about the fact this is likely a life-long battle that will require constant work to stay on top of.
A few years back I scanned all of our personal records, tax returns, visas, dog vaccinations etc and created a dedicated Box account with a Google Drive backup. It was a massive undertaking at the time, but now whenever we receive something new it's a pretty painless task to scan it and upload it to cloud storage.
An added bonus is that after years of stockpiling paper we now have virtually no paper records anymore other than the things that absolutely have to be: passports, SSNs, birth certificates etc.