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hnnewguy

1,254 karma · joined February 5, 2014

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hnnewguy··on Pinterest Raises $367M at $11B valuation
>"Seems like a no-brainer that this one is going to end up crossing the IPO finish line at some point"

On what planet is an IPO the finish line?

hnnewguy··on Programmer Passion Considered Harmful
>However, I find that those that are more practiced are usually far better than simply those that are passionate.

Passion is the starting point to becoming exceptional.

hnnewguy··on Why Some Bankers Are Leaving Finance for Fintech Startups
>Imo people can create as many shitty photo-sharing apps as they want if this means not fucking up the world's financial system.

So quickly we forget that it wasn't long ago what were essentially "shitty photo-sharing apps", and the hype behind them, crashed the financial system.

hnnewguy··on Why Some Bankers Are Leaving Finance for Fintech Startups
>Yes that worked out well in the past. How some people believe that shuffling money about will make more wealth is beyond me.

Financial innovation played a major role in creating the wealthiest global society in world history. And you are lucky enough to be living in it.

>Queue all the apologist remarks confusing the speed of things happening with actual wealth being generated

If "financal innovation", to you, is encompassed by HFT, you are probably the one confused.

hnnewguy··on Reasons not to use Facebook
>But I know what I'm buying, and I'm ok with that.

Apparently you don't, because you aren't really buying anything. You're licensing it. You don't own a thing in your Amazon library. They can, and have, taken books "back" based on user-agreement violations.

Yes, it's convenient for you to have all your books, synced, in one place. But there are negative implications of having all that information controlled.

hnnewguy··on “Sierra… well, it was the poor victim of a hostile takeover by criminals”
>e.g. Grim Fandango would never have happened if someone had to justify it with a spreadsheet.

>if you're not strict to spritesheets, you get bigger chances of stuff not being delivered, but you also get bigger chances of stuff being brilliant.

This sort of thing sounds like "creative genius" wishful thinking, but is completely unsubstantiated.

hnnewguy··on Lyft Raises $530M in Fight with Uber
>The airlines are shafting customers while making more money than ever before.

Air travel in the US is hardly a lucrative business. It's a tough racket:

"Domestic passenger airline operations lost $10 billion from 1979 to 1989, made profits of $5 billion in the 1990s and lost $54 billion from 2000 to 2009. To put these numbers in context, at the end of 2009, the entire book value of U.S. passenger carriers’ assets was about $163 billion and the book value of shareholder equity was $10 billion. Even at the end of 2000, after six consecutive profitable years, their assets were $159 billion and shareholder equity was $40 billion."

http://freakonomics.com/2011/06/24/why-do-airlines-always-lo...

hnnewguy··on What the Seed Funding Boom Means for Raising a Series A
>it seem like everyone else just puts FizzBuzz in an iPhone app and gets $100k funding.

Sometimes I get the impression that simply getting funding is the goal and symbol that you've "made it"; a viable business is secondary.

hnnewguy··on Ask HN: Has anyone had success with Canada's startup visa?
no federal deficit, so no looming financial crisis

Huh? Canada's debt-to-GDP is as bad as the US.

hnnewguy··on Secretive Bitcoin Startup 21 Reveals Record Funds, Hints at Mass Consumer Play
>Fraudulent purchases are another issue, but the risk of fraud is lower with bitcoin versus credit cards

The CC companies have full control over the transactions. They can stop and/or reverse charges. As far as the consumer is concerned, there is very little risk of fraud.

hnnewguy··on On Secretly Terrible Engineers
You should work on your reading comprehension. What you're saying is precisely what the author is talking about: everyone has a story about terrible engineers, but they're almost always "elsewhere". Co-workers tend to become "stupid" and "incompetent" after you leave. And yet they maintain employment.

It's an idea, not an iron-clad rule, that perhaps "incompetence" isn't as rampant as so many people suggest.

hnnewguy··on On Secretly Terrible Engineers
Some percentage of the population are incompetent, so they end up in every business in every field, everywhere on the planet. In other words, it's reality. Why does it still surprise people?
hnnewguy··on On Secretly Terrible Engineers
>I have worked with incompetent engineers, who literally couldn't code FizzBuzz.

Operative word worked. This is exactly what the article says: "They always seem to be elsewhere. For everyone."

hnnewguy··on Canadian Charged for Not Unlocking Smartphone at Canadian Border
>Can I be compelled to describe how to perform the swipe? To describe the pattern? To guide the agent?

Yes, yes and yes.

Until there is legal precedent, if they want into your phone and you don't provide them access, you'll be in trouble. Any "cleverness" regarding a security code will likely make it worse.

hnnewguy··on SpaceX Profitable as Musk Pulls in NASA Contracts, Google Cash
>In any one month...

Pretty much everything you mention in this paragraph is covered by accounting rules a student would learn in year 1. Cash flow isn't profitability. Spending on assets is capitalized, and they depreciate according to rules, not what you "may want" to do.

Yes, there is always some leeway to play fast and loose with accounting, and companies are always trying "adjust" earnings to suit to their business model. 4 times out of 5, it's horsecrap. That's why we have GAAP.

hnnewguy··on The ‘Loser Edit’ That Awaits Us All
>If you give me six lines written by the hand of the most honest of men, I will find something in them which will hang him.

This is what scares me about the permanence of internet commentary, and why I laugh when people say, "use your real name!"

After 10, 20, 30 years of commenting around the internet, it's likely you can paint any picture of me you'd like.

hnnewguy··on Should the U.S. Make Billions from Student Loans?
It's just as crazy in Canada. The fixed interest rate on government backed student loans is prime +5%! That means that during a period of historically low interest rates, students are paying nearly 8% on their loans.

Why not prime? This is non-dischargeable debt, what is the risk to the lender? It's absurd.

hnnewguy··on Why Canada's anti-terror bill is unnecessary and dangerous
>It is just another partisan post that would invariably lead to those tiring comments by people saying the trite "Sorry for Stephen Harper" nonsense.

Not a single person here has brought up Stephen Harper, except you. It sounds like you're itching for a fight.

The point of the "op-ed" (which is, by definition, an opinion piece) is to raise awareness that our public representatives have issues with the legislation, and hopefully move the debate into the public sphere. I don't see anything wrong with that.

Now, whether this deserves to have made it onto the front page of HN, that's debatable.

hnnewguy··on Why Canada's anti-terror bill is unnecessary and dangerous
>The opposition finding that the ruling party has "failed to make the case"

Have you been in a bubble the past few years?

It is now my default position to expect the government to "make the case" that they require expanded powers to spy domestically. Those are my standards.

hnnewguy··on So this is what it’s like to get your oil changed when you’re a dude
>What can I say? some people are assholes.

What does it have to do with people being assholes? It's a business trying to sell their services.

But I agree, it happens to me, as a man, all the time, regardless of what i tell them in advance. I don't think anything of it.

hnnewguy··on Why Canada's anti-terror bill is unnecessary and dangerous
>It has very little in solid critiques

"The government has failed to make the case for the new powers it seeks."

"The government has failed to give a single example of how the amendments it seeks in Bill C-51 would be used."

"The government has refused calls for more oversight of our national-security apparatus"

"It would provide new powers that are frightening to many people."

"We will have had only three days to debate this important bill."

Good enough for me.

hnnewguy··on Twitter Will Crack Down on Serial Trolls by Tracking Their Phone Number
>You are still dismissing the role of emotional trauma in your fairness equation.

I'm not dismissing anything. They are separate issues.

>Even if you freely decide to leave twitter due to experiencing trauma you will likely still have that scarring for a long time.

I agree, you might. It's terrible.

And even after the abuse perpetrator is banned from Twitter, those scars remain. The ban itself doesn't solve that problem. That's why they are separate issues.

The point of contention is the mentality that driving a few innocent people off Twitter is okay in the name protecting other innocent people's ability to use the system. You're just shifting the harm around, and aren't even affecting the real problems. The bullying will, in all likelihood, continue (especially if these are real, determined, sociopathic trolls), and you have more, self-inflicted, victims.

Anyway, getting a bit far down this rabbit hole.

hnnewguy··on Twitter Will Crack Down on Serial Trolls by Tracking Their Phone Number
>One of those is strictly worse and calling them equal does a disservice to the individual being bullied.

There's no justification for online bullying, but in one case the person is able to make a choice as to whether using Twitter is a positive or negative experience for them, and decide if they want to continue to use it. In the case of the false positive ban, they do not.

Now, I'm sure your argument would be, "Why should some internet bullies dictate whether I get to enjoy my Twitter experience?" And I wholeheartedly agree with that. They shouldn't. Why should those same bullies dictate my experience on Twitter by forcing a policy that gets me banned as a false positive?

This idea that "a few false positives are fine" is such an easy position to take, until you're one of the false positives.

>People can live without twitter and not suffer a lower quality of life.

That's precisely what I'm saying.

hnnewguy··on Twitter Will Crack Down on Serial Trolls by Tracking Their Phone Number
>So what, some people can’t use Twitter anymore even though they didn’t do anything wrong.

How is this outcome any different than telling people who have been abused on Twitter to just stop using the service altogether?

In either case, an innocent party is prevented from using Twitter. How is one "more fair"?

hnnewguy··on Finding cheaters using multiple-choice comparisons
>You could use this justification to rationalize any sort of unethical behavior you like.

It isn't a justification; it's an explanation.

Because, I agree: if there wasn't such a societal emphasis on material goods (ie the Benz), there would be less embezzlement.

hnnewguy··on Magic: The Story of an Accidentally Founded, Wildly Viral Startup
>The pizza company sucks at taking your pizza order. Magic doesn't suck at it.

My regular pizza company is completely painless to order from, both on the phone or online. They know my address, don't need my credit card number because I pay via credit card at the door, and they even have my order history. This is 2015. Maybe you need a new pizza company?

hnnewguy··on The Superfish Funder List
It's their obligation as owners to know what their portfolio companies are up to. When the big investors who supply capital to these funds ask questions, "We don't know what they are up to" is not a reasonable answer.
hnnewguy··on Why fuel cell cars don't work
>I can imagine that makes their position less defendable.

What you've written I agree with, but it's a long way off from the OP's conspiracy. Cars have been around a long time, so the affinity is natural result all that history.

It will change. I'm also a "car guy". I recently entered into four-year lease on a new vehicle, and on the drive home I told my significant other it's probable that this will be the last ICE we ever buy (and perhaps the last car that we actually drive off the lot ourselves). It's funny to think about.

hnnewguy··on Why fuel cell cars don't work
>It would be interesting to see an analysis of the Toyota strategy from this point of view.

I feel the same. Of course I'm not an expert, but it seems like many of the issues he lists in the opening are things that can be overcome with improvements in technology (and could have been arguments against batteries or even gasoline at points in history).

Meanwhile, the engineers at Toyota are actually trying to make this work:

http://www.toyota-global.com/innovation/environmental_techno...

hnnewguy··on Netflix Long Term View
>and their original series (in my opinion) eclipse what HBO currently offers.

I realize it's your opinion, but...really?

HBO has a massive catalog of brilliant shows[1]. Netflix isn't even on the same planet when it comes to original content (but I hope they get there, better for all of us).

[1]http://en.wikipedia.org/wiki/List_of_programs_broadcast_by_H...

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