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dmode

4,313 karma · joined April 13, 2016

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dmode··on Robinhood S-1 IPO
3 months ending 2021, they have already made ~500mn. This is sustained rocket ship
dmode··on Robinhood S-1 IPO
You should see their 2021 numbers. They are growing faster.
dmode··on Robinhood S-1 IPO
The 3 months ended 2021 are even more impressive. They have already made ~500mn in 2021. This is a rocket ship
dmode··on Why Corporations Won’t Hire Remote Workers in Colorado
This is where you need Federal laws for employment. Otherwise companies can play states against each other
dmode··on Snowflake moves executive office from California to Bozeman, Montana
The headline is a little misleading. Snowflake is actually going full remote, Coinbase style and saying that they don't have any HQ. But since SEC forces them to have an HQ, they have Bozeman as one, since CEO lives there. I am guessing because he doesn't want to mix with the plebs ?
dmode··on Tracking the San Francisco Tech Exodus
I am actually more surprised that 40% decided not to downsize given the WFH model that is popular now
dmode··on Ask HN: Why isn't there a Medium killer yet?
Isn’t Substack the Medium killer ?
dmode··on Why are there so many people in prison in America? (2017)
All of what you said are true. But when you add gun to the mix it makes matters far worse. Gangs in the UK typically resort to stabbing, which leads to far fewer deaths
dmode··on Why are there so many people in prison in America? (2017)
Crime rates have soared ? Pre-pandemic NYC had some of historically low crime rates. And it is one of the safest cities in the world

https://www1.nyc.gov/site/nypd/news/p0106a/overall-crime-new...

And all this without having to stop and search some rando black or brown dude walking down the road. This categorically proves that stop and frisk had no impact on crime rates at all. Los Angeles also experienced similarly historically low crime rates and had no stop and frisk. I can’t imagine how someone can live in a liberal democracy and be ok with authoritarian behavior like stop and search.

dmode··on Disney gets special “theme park” exception to Florida’s anti-tech bill
This is such a Florida thing to do. It is hilarious. That’s why Florida will not be a tech hub
dmode··on Facebook Reports First Quarter 2021 Results [pdf]
Isn’t your definition monthly active ?
dmode··on Tesla Q1 2021 Results
How is 100% growth in 3-4 years not mega growth in a capital intense industry?
dmode··on Apple commits $430B in US investments over five years
Honestly, the only places that have grown were already somewhat of a tech hub. I don't think Denver, Portland, Nashville have grown in meaningful terms. Yeah, you see some growth just because the tech companies are worth trillions now, and there will be more crumbs everywhere. But tech hubs that have employees and campuses at scale are places like Seattle, Austin, and NYC. And these already had established tech players prior to the recent boom.
dmode··on Apple commits $430B in US investments over five years
That's not really an investment. Sounds more like retail hiring.
dmode··on Apple commits $430B in US investments over five years
Wait, no investment in Miami ? Reading tech twitter, folks already claimed Miami to be the next tech hub
dmode··on The Worst Silicon Valley Renovation Trends
Hmm, I actually liked the renovations. I guess different strokes
dmode··on Donald Trump is creating his own social media network
I am sure it will be a bastion of free speech and all criticisms of Trump will be tolerated and encouraged, just like r/conservative
dmode··on Silicon Valley stays on top as tech salaries climb across U.S.
Those news reports are full of shit

https://www.sfchronicle.com/bayarea/article/California-SF-Ba...

dmode··on Silicon Valley stays on top as tech salaries climb across U.S.
You can easily access SF jobs, but South Bay jobs are harder to get to. But it is no different than living in Oakland or Berkeley when it comes to commute
dmode··on Silicon Valley stays on top as tech salaries climb across U.S.
Or you can live in this house, which is >2k sq ft, on 0.53 acres, in a 10 rated school district and only 16 miles from SF

https://www.redfin.com/CA/Orinda/28-Tara-Rd-94563/home/19147...

dmode··on Silicon Valley stays on top as tech salaries climb across U.S.
Ok, I get it. You need to be contrarian and repeat some California is bad talking points. But let’s be honest, life in California is way better than NYC. Nobody sipping Russian river pinot while overlooking Lake Tahoe has said “I wish I was in NYC”
dmode··on Silicon Valley stays on top as tech salaries climb across U.S.
Yeah agreed. I was curious if the median salary was impacted by the bull run, where suddenly engineers who joined a couple of years before the bull run are now disproportionately paid compared to more recent hires
dmode··on Silicon Valley stays on top as tech salaries climb across U.S.
Quick question: does this account for recent massive stock price inflation ? My comp at one of these places matched what you have here early to mid last year, but since then has gone up quite a bit due to the stock market
dmode··on Compass S-1
Isn’t the revenue number kind of misleading ? Essentially it seems like it is the total value of the transaction and their revenue should essentially be the take rate from the transaction.
dmode··on Why Is the U.S. Murder Rate Spiking?
"Look at what Mayor London Breed of SF just announced yesterday - redistributing $120m in taxpayers’ hard-earned money away from law enforcement and towards a slush fund for “black communities”, in one of the most crime-ridden and unsafe cities in the US (https://www.kqed.org/news/11862094/sf-mayor-breed-unveils-pl...)."

In the context of homicide, SF has one of the lowest homicides in the country, with 2019 being the lowest homicide rate in 60 years, and 2020 (post BLM) being very low. https://sfist.com/2020/01/01/san-francisco-homicide-count-20...

dmode··on Coinbase is a decentralized company, with no headquarters
I have worked in a mostly remote company. Eventually everyone just stops going to the office as they are not sure if anyone will be there. Eventually the real estate sits empty and the employer exits it
dmode··on Coinbase is a decentralized company, with no headquarters
Well, I guess I won’t be working for Coinbase then. I am probably of the rare breed, who actually likes to go to office (not everyday). I can’t imagine staying home all day everyday basically hopping zoom calls. I hope other companies use office presence as a competitive advantage at this point
dmode··on It looks like Elon Musk isn’t moving Tesla out of California after all
Not just the factory, there is both Tesla and Space X HQ in CA. And if you look at careers page for both, overwhelming number of job openings are there. In addition, Tesla has expanded like mad in Fremont and further East Bay. Including owning several warehouses and offices in the region
dmode··on Airbnb will build a new tech hub in Atlanta
Does a simple CRUD app process $50bn in transaction across 100 countries ?
dmode··on People are leaving SF but not for Austin or Miami. USPS data shows where
Walnut Creek is nice. I go to Mt Diablo frequently
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