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jegutman

381 karma · joined December 19, 2014

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jegutman··on FanDuel Raises $275M
Sometimes the 50 different sets of laws is a feature sometime it's a bug. The spec is pretty terrible.
jegutman··on FanDuel Raises $275M
I actually think that's an awesome business. A) eSports are growing, but many have not found clear revenue models. B) Would be awesome if you could figure out a way to actually fund leagues based on revenue brought in. Almost a horse-racing model. It's difficult because of gambling laws, but a) might be fine in some states or countries and b) the betting is not related to the actual score of the game so gambling abuse is less likely (although still not impossible, much like point shaving). It's also still really hard to help someone's outcome on their bet a ton since it's mostly bet in large pools. Would be like trying to help rig an NCAA bracket pool vs trying to fail to cover in a NCAA game.
jegutman··on FanDuel Raises $275M
I am definitely not a lawyer, if you listen to me for legal advice you're an idiot, however:

I don't know details, but I think Fan Duels model has had some court tests and it was ruled a game of skill (in a way that poker was not somehow) somehow because you a) picked your lineup and b) there were no random number generators.

Here's a few articles: http://www.forbes.com/sites/marcedelman/2013/10/09/fanduel-s...

http://www.forbes.com/sites/marcedelman/2013/09/03/is-it-leg...

That second one seems to specifically mention this clause of UIGEA: "1. In many cases, playing fantasy football for money is entirely legal under federal law. The Unlawful Internet Gambling Enforcement Act of 2006 includes an explicit carve-out for fantasy sports games that meet three criteria: (1) the value of the prizes is not determined by the number of participants or the amount of fees paid; (2) all winning outcomes reflect the relative knowledge and skill of the participants; and (3) the fantasy game’s result is not based on the final scores of any real-world games."

So it seems as long as the individual tournaments run have fixed prize pools they satisfy (1), (2) seems to be met because there's still sports knowledge of the sport that can improve performance, and (3) is met simply by their scoring system not having to do with final scores (and includes lots of other stats to help) although this one would probably need a text check to say what "based on the real-world scores" means exactly.

jegutman··on Match Group Buys PlentyOfFish for $575M
The churn is so high on dating sites that everybody is constantly re-acquiring customers. One test for anti-trust is also how they think the market would respond to a price increase.

Yes, you need a critical mass of people, but what this means can be very different for different people. Some dating sites have a warm body approach where you probably need lots of people because the set of matches is terrible.

However if you had a dating site for swedish people living in miami who only wanted to date swedish people even having 40 people on there might be plenty.

jegutman··on Why Are People Still Playing Ultima Online?
That's pretty amazing. I played so much warcraft 2 over lan back in the day, but having played broodwar, warcraft 3, and starcraft 2 the game did seems a bit flat? I am assuming you're reasonably good or you wouldn't have stuck with it as long. What are some of the things that warcraft 2 does better than the newer games in the genre by the same company? I know how to explain that mapping for BW -> SC2 or WC3, but not for WC2 -> Other games.
jegutman··on Why Are People Still Playing Ultima Online?
I've never been an MMORPG player, but know lots of people who have played UO and WoW. Hasn't WoW been pretty successful at keeping people engaged?
jegutman··on Safari is the new IE
Yea, I just really like that I can access all of my open tabs with it. It also context switches better with iOS outlook if you click on links you can quickly go back to outlook.
jegutman··on Uber CEO Says He’d Buy 500k Self-Driving Cars From Tesla Motors
trolololo
jegutman··on Uber CEO Says He’d Buy 500k Self-Driving Cars From Tesla Motors
This article is so trolly. I don't mind the headline even, but it's literally a hearsay quote. That's just the tip of the iceberg:

"Tesla Motors now has a huge incentive to get the RoboCar on the road by 2020, but Mr. Musk will need to get the laws rewritten in order to make that happen."

Sorry, I laughed so hard at this line. Before, he was working really hard to get them on the road, but now that Uber is "willing" (again, not even a quote, just a summary of something Jurvetson said that Kalanick said) to buy a decent number that they can't even afford EVERYTHING HAS CHANGED!

jegutman··on Startups Finding the Best Employees Are Actually Employed
Yea, employees provide great customer service. Totally explains Time Warner Cable.
jegutman··on SSD Prices in a Free Fall
Ah you're right.
jegutman··on SSD Prices in a Free Fall
Ah zeno's paradox. When the SSD matches the HDD price, in 28.5 months, the HDD will have moved, and so on and so on. Although at some point they'll probably just make many many fewer HDDs so the price will stop moving much.

For any storage experts, will HDD still be preferable for long-term cold storage or are those even currently an unacceptable solution? Seems like cold storage might end up being more important over time. I guess AWS Glacier is <$1 per TB per month which is pretty cheap and can presumably even fall over time. I have no idea what the reliability of these services is though.

jegutman··on Uber Drivers Deemed Employees by California Labor Commission
Amazon doesn't set the prices though, the problem setter does. I think that's a meaningful distinction as there is not one rate for everything.
jegutman··on How do astronauts connect to the Internet in space?
Some people are just really paranoid.
jegutman··on Coinbase is indefinitely suspending its business in Wyoming
I mean possibly yes. But they also might hope to someday have 4 digit numbers of users and know they can shame states, especially reddish states, by claiming they have too much regulation. Worked pretty successfully for zenefits in Utah.
jegutman··on Batteriser: a gadget that extends alkaline battery life
"Big battery" is too strong.
jegutman··on Kleiner Perkins seeks legal fees or dropped case from Ellen Pao
To be clear, they fired her, they didn't just "not promote" her.
jegutman··on Kleiner Perkins seeks legal fees or dropped case from Ellen Pao
She was a fine culture fit. I can tell you this because they kept her around for quite a while. Bad culture fits don't last, especially not at a well-run firm. Culture fits aren't soul mates, there are still normal difficulties and things to work through.

People had trouble working with her possibly after she brought up issues of sexual harassment and discrimination, but there's actually something under the law to protect her from this, anti-retaliation laws, which she tried to sue Kleiner over and lost, but that part of the case definitely seemed like there was some merit to although possibly not enough to meet a preponderance of the evidence.

jegutman··on Kleiner Perkins seeks legal fees or dropped case from Ellen Pao
There were performance reviews that said she did well, they were mixed and complicated like all performance reviews. Also given that the defense tried to discredit her by noting that she sent e-mails to herself it seems strange to call "she said they said" invalid evidence since without those e-mails there would be nothing at all.

What would hard evidence even be for this type of case? Is there going to be an e-mail between partners saying "we should not promote Ellen because she's a woman"?

Did Ellen Pao prove her case conclusively? I think not. Was it clear that there were plenty of issues going on at the time that Kleiner could've handled a lot better? I think so.

jegutman··on Elon Musk Had a Deal to Sell Tesla to Google in 2013
Yes, similarly, nobody says an SUV that get 10 highway MPG are bad for road trips even though clocking 30,000 miles per year will cost an extra 3 thousand (and that's after the fall in gas prices) dollars per year over a 20mpg vehicle (which is still low).

After depreciation and gas, might be cheaper to rent a car for them too.

jegutman··on Elon Musk Had a Deal to Sell Tesla to Google in 2013
You realize this is such a small part of the overall driving experience? I don't know how people are convinced this is a huge deal. It is possible to rent a car for the 1 or 2 days a year you have to drive 400 miles in a single trip. In fact, if you own an M5 I would also suggest you do it as well.

I've had my car in Austin for a year and a half now and never once been concerned about power, never once been to a charging station (and never been to a gas station). I would suggest that most people aren't regularly taking giant road trips.

The touch screen is not even that awesome (no tactile response), it's less than 1/100th of what makes the car great to own / drive.

jegutman··on PyFormat – Practical examples of old and new style string formatting
I use the format: foo = 'foo' bar = 'bar' print "%(foo)s%(bar)s" % locals() which I guess is what this is similar too.

basically locals(), vars(), and globals() I find very useful for string formatting.

jegutman··on Tesla gives in to carmaker tradition as sales banned in West Virginia
Ironic, since a Model S can indirectly run on coal while a traditional ICE cannot. Although, I think when you use coal electric cars are no more green than ICE cars.
jegutman··on Pencil code
Logo was how I got my start, took me many years to look back and realize that it was even programming, it was so much fun, I would draw crazy scenes. I really wish I had access to any of my old work.
jegutman··on Apple will Not buy Tesla for $75b in 18 months
Battery cost is 12k for the 85 kwh battery as of about a year ago, dropping ~7% a year.
jegutman··on Winklevoss Bitcoin Trust
One time this guy e-mailed them and then had to give up what ended being millions of dollars worth of his company, that's not the sign of people who are trustworthy.
jegutman··on Show HN: My first iOS app written in Swift
Here's a link for $89, found this on google, actually went all the way through because I was intrigued enough:

https://stacksocial.com/sales/the-complete-ios-8-developers-...

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