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dmillar

533 karma · joined February 27, 2009

pacsdrive founder and former goldman quant. currently run applied machine learning at arturo.ai
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dmillar··on The Fed Will Buy Bond ETFs Now
Japan is actually the largest, fwiw. These Fed programs are being financed by debt spending, not tax increases. So even if some of this debt is held by US tax payers, it's not at their expense. They're getting paid interest.
dmillar··on The Fed Will Buy Bond ETFs Now
The first link here is more aptly Japan and China. And, to make this really circular, Ireland also is one of the largest holders of US debt.
dmillar··on PyThalesians: Python Open Source Financial Library
Xbrl integration for SEC filings
dmillar··on Ask HN: Built a startup, took a real job, now seeing lots of interest. Now what?
Great advice, and this is something I have been looking into. Honestly, it boils down to risk threshold. I'm in the frame of mind, but not enough to leave my job and put my family at risk. Fine for me to live in a box, not fine for them.
dmillar··on Ask HN: Built a startup, took a real job, now seeing lots of interest. Now what?
Intrinsically, if you believe in what you are doing, there is little of higher value.
dmillar··on Ask HN: Built a startup, took a real job, now seeing lots of interest. Now what?
sure. dmillar@pacsdrive.com
dmillar··on Show HN: PickHealthInsurance.com
Very interesting. Where is your data coming from?
dmillar··on Founder Fuel - Not one woman listed as a mentor
Minorities, perhaps. But they definitely exist. There was zero representation. How can you build a legit network of startup mentors without much diversity?
dmillar··on Founder Fuel - Not one woman listed as a mentor
This infuriates me.
dmillar··on Ask HN: starting a career in software dev in my thirties, am I nuts?
You're not nuts, if that's what you want to do, then do it.

However, the truth is 30 is not young for an entry level developer. Most 30 year-olds are accustom to a higher income than a 22 year-old CS grad, and this might make some employers adverse.

Keep pounding the pavement. With your engineering background you should be able to find a good job. It might take some time in this job market, but keep at it, and try to pickup some freelance to pad your resume.

dmillar··on Oracle wants to buy chipmaker, ARM shares rise
Agreed, updated.
dmillar··on Facebook is not worth $33 billion
I don't want to put words in his mouth, but it sounds like David is arguing that should Zuckerberg decide to just walk away from Facebook today, he would have a very difficult time coming up with $6.9B in cash in exchange for his equity. (Not to mention if other equity holders wanted to liquify at the same time.)

It is important to point out however, this a valuation does not make. Liquidity is not part of the equation.

dmillar··on Ask HN: To go or not to go college?
Go.

You will learn more than you think. I started programming at 7 and still learned a great deal in some of my CS classes. College will round you out as an individual. Sure, some classes will feel like a monumental waste of time, but just interpret that as part of the character building process.

A college degree is the basis of any career and really is the high school diploma of the 21st century. You will meet people, open up networks, and learn about things you never knew you were interested in.

I experienced a lot of frustration in college because I felt a lot of classes were remedial and unchallenging and many of my professors were terrible educators, but, as a whole, it was a very rewarding experience.

dmillar··on The real GDrive is here
Dropbox killer is a bit dramatic. This seems to focus on syncing with Google Docs and desktop apps, Dropbox's aim is much more broad. I would venture to guess Dropbox already has something like this in the works as a feature.
dmillar··on Ask HN: Where to sell your profitable company
Have you been approached by any VCs in the past? I would revisit that if possible.

In my experience, there is no shortage in VC contact for any, even modestly, profitable business online. So, I am sure you've heard from at least a small handfull.

dmillar··on Backblaze online backup almost acquired
Great article about the whole acquisition process. I can't recall a more detailed account.
dmillar··on RVM (Ruby Version Manager) 1.0.0
Gemsets for different apps, running MRI vs REE, and really you can run and switch from any flavor of Ruby (including JRuby) in an instant. It handles all the configuration and compilation for installation. Huge time saver, even if you are one of the few that only need one ruby version.
dmillar··on RVM (Ruby Version Manager) 1.0.0
RVM rocks I can't imagine working without it. Great to see it hit Version 1. Plus, Wayne is, hands down, one of the nicest guys I've ever met.
dmillar··on Prosecutors withdraw warrant for WikiLeaks founder Assange
If the US government is going after Assange (and they clearly would like to talk with him on American soil), why? Isn't this akin to blaming the messenger. Fix your own dam leaks (pun intended).
dmillar··on The Stock Market Is Still for Suckers
Right, it was a great time to buy. I do tend to think that we will see DOW 14000 before DOW 7000, barring some unforeseen crisis. And I guess that's market confidence, right? What investors think the chances of something unforeseen popping up are.
dmillar··on The Stock Market Is Still for Suckers
Aren't we already closer to "blood in the streets" than "cheery consensus"?

Financial people love to say that the stock market grows at roughly 9% historically, and that is money in the bank. But if you look at any historic chart these days, the massive amount of wealth and trading volume that has been generated over the past 10 years has made it obvious that we are in uncharted waters for future equities growth.

The Internet has been the game changer here. It has allowed access to equities to a class of investors that really never had access purchase these types of assets. This changed the game.

Cuban is probably right when he tells us to be weary of the market, but I think there are different reasons to be weary than those he states.

dmillar··on Ask HN: I'm an 18 year old programmer; How do I get a job?
I might be old fashioned, but if you want a career as a software engineer, why not attend college for a degree in computer science? When you are done, you'll likely be heavily recruited and face a much less hostile employment environment.

Despite what some say, college is good for most people and will help round you out as a contributing member of society. I put myself through college as a part time developer and had more fun than I can remember.

dmillar··on Serendipity: Success in business increasingly depends on chance encounters
Our first reseller agreement was started at a stop light. Guy had medical imaging stickers on his car, so I struck up a brief conversation and followed up.

This is an often-overlooked component of traction. 80% of our early successes have been from chance encounters, either via web, or physical. Just making oneself available for chance encounters (e.g. coding at a cafe) can greatly increase your chances of traction, IMO.

dmillar··on Goldman's traders use a proprietary programming language called "Slang"
It's also worth noting that the SEC thinks python is a good language for specing ABS.

http://kelloggfinance.wordpress.com/2010/04/08/the-sec-gets-...

dmillar··on Ask HN: Recommend me a Podcast
NPR's Marketplace
dmillar··on Ask HN: Best Startup City - Outside the USA?
Vancouver, Ottawa, Shanghai
dmillar··on Node and Scaling in the Small vs Scaling in the Large
"It may be, it may not be."

Exactly. As he mentions, engineering any given system presents its own unique set of challenges, and should be addressed as such.

Use the proper tools to solve problems. There are no one-size-fits-all solutions in science. Computer or otherwise.

dmillar··on Node and Scaling in the Small vs Scaling in the Large
Despite whether you agree with him or not, Alex is one of the best technical writers around. This post is exemplary of that.
dmillar··on Ask HN: Should I get investment?
To start any business you have to take risk. You've gotten this far with your idea, the worst that can happen is they say no. But, now you've got experience pitching to VCs.

Understand that the fear of rejection is just that: fear. It's part of the risk. Sometimes, rejection can be a damn good motivator.

dmillar··on Ask HN: If you were teaching web apps, what would you have your students build?
Forum. You can break this into stages: Creating Posts / Categories Authentication / Session Management Administrative access Profiles Etc.
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