8,978 karma · joined February 22, 2014
paragraph titled DSV style. (Yeah esr, not a fan, whatever...)
Csv sucks no matter what, there is no one csv spec. Then even if you assume the file is "MS Excel style csv" you can't validate it conforms. There's a bunch of things the libraries do that cope with at least some of it that you will not replicate with cut or an awk one liner.
I see google chrome ads on mclaren cars where it used to be marlboro... Oracle sponsor too. There's the list: https://formularapida.net/en/f1-2024-list-of-partners-sponso...
I enjoy F1, but let's be realistic about what it is and isn't.
Would AI win yet? Has to be an easier problem to solve than driving in traffic.
"Would he be facing those charges presently if he was the no. 1 public voice of democrat orthodoxy?"
Maybe he would.
Maybe we all suffer from Gell-Mann amnesia knowing how corrupt it all is when we turn the page and get concerned about maybe the tribe you dislike more will get power, which they always will in a 2 party system.
I don't care for Elon or his politics.
I am convinced that entrenched and accepted corruption is the biggest threat to continuing to have a democracy. Right there exists a cross-partisan rage that someone will tap and ride to power. Let's hope they're not genuinely evil.
Interesting.
What other language did C beat? How was their address space handling different?
Q Where does the money come from if there's no profit?
A There would be profit, but they spent it investing in their business. Answering the implicit question "how can you spend profit investing to make it so there is no profit?" Which is the obvious follow up.
That's it. I did follow it up with "what would you do given this choice in your own business?", "should this choice be possible?", and "how would you change things if you don't think so?" Because once you've understood what is going on these are the next obvious discussion points that come up. I expressed no opinion on any of them.
What I have done is been really, really clear about what is actually going on in the face of some pretty poor responses for the benefit of anyone who hasn't seen this before even though it's a very common situation. What I avoided was a credentials size war and still haven't stated any, letting the argument run on merit. Maybe caring at all about it has been a waste of time. But yeah, that's another way of saying do we just give up on HN as being a community decayed too far to still be interesting and useful - especially to the startup-curious. I kinda hope not but YMMV and I could well be prone to wishful thinking.
When you’re expanding rapidly and want to grow market share above all. Growing that market share with customer acquisition is economically an investment in the future revenue of the business. Advertising is one example of how this might be done.
You can classify investing in your business through advertising spend as an operating expenditure for accounting purposes. And potentially for tax purposes as well.
Now your large positive cashflow does not generate an accounting profit. Because you spent it on something that won’t be capitalised on the balance sheet.
There it is, the answer to OP’s question.
Note you can’t do that buying property plant and equipment (but some structured finance and leasing people might like a word - airlines don’t own their aircraft.)
Perhaps you can think of some examples where you’ve seen huge, massively cash-flow positive businesses in our field that weren’t generating accounting profit. Facebook, Amazon, ..?
The only other way you could sustain repeated loss ina new, growing business is capital raising.
Someone else on the thread mentioned Aswarth Damodoran’s “Free cash flow to equity” IMHO it’s worthwhile avoiding jargon when explaining things simply and concisely.
You also have not managed any explanation at all, which is a shame. Could be interesting.
1) Make tons of cash.
2) Invest the cash back in the business.
3) Record this investment on the financials as an expense.
4) The expenses inflated by investment spending means you declare no profit and probably pay no tax on that profit you just hid.
The alternative is:
1) declare profit
2) Pay tax on it
3) Reinvest what's left after the taxman took a cut.
Which would you choose if you were raking in loads more money than it was costing you to run the business and you had growth opportunities?
Should this be a choice?
If not, how would you "fix" it?
But maybe that was by design as they decided to call their music shop by the same name as their ipod management software. That is the essence of Apple's UX. Shiny destruction of your property. It remains so.
The UX everyone wanted was copying files onto and off the device presented as storage on any computer it was plugged in to.
X is broken and more so if not logged in, which is a shame.
https://oll.libertyfund.org/titles/keynes-the-economic-conse...
All <<<include whatever.html>>> could be replaced with contents first. Then it's just a page of html as now.
Autovectorization is great and improving.
That would be a bonus.
Build glow [1,2]for $10. Hook it up to homeassistant for the price of an old laptop. Measure any and all interesting plugs using an athom [3] smart plug.
Zero cloud. Good data & charts.
Good fun.
My first ever look at the states was out the window of a plane flying to NYC from the Bahamas at night. Straight up the east coast. Mind blowing. To my eyes it was one enormous city without any meaningful separation all the way. I was expecting to be surprised by the scale of the usa and yet it was way beyond what i could imagine.
Others won’t share that definition.
His explanations from first principles covering ground you already know are just excellent. Worthwhile reading for anyone who has to explain detailed, complex & technical subject matter.
https://www.bloomberg.com/opinion/articles/2024-06-27/purdue...
WikiLeaks declined to publish a wide-ranging trove of documents — at least 68 gigabytes of data — that came from inside the Russian Interior Ministry, according to partial chat logs reviewed by Foreign Policy.
The logs, which were provided to FP, only included WikiLeaks’s side of the conversation.
“As far as we recall these are already public,” WikiLeaks wrote at the time.
“WikiLeaks rejects all submissions that it cannot verify. WikiLeaks rejects submissions that have already been published elsewhere or which are likely to be considered insignificant. WikiLeaks has never rejected a submission due to its country of origin,” the organization wrote in a Twitter direct message when contacted by FP about the Russian cache.