I normally wouldn’t raise it if I couldn’t independently verify it happened myself, but this person is one of the nicest people I’ve ever met, so I totally believe it. They left a very cushy job to take a job at Wealthfront, so leaving after a few months had to take something pretty substantive.
I have worked with someone who used to work at Wealthfront, and said that he had said to them “do not speak to me unless I speak to you.” They left within months of starting.
It is risky. Why work at a unproven startup doing something really hard for $150k and equity of questionable value when you can work at a FANG for $350k/year doing less work?
I just finished the Eric Weinstein/Peter Thiel podcast, and came away mostly agreeing with their assessment that we’ve really stagnated when it has come to progressing scientifically.
I definitely feel like there’s this illusion of tech innovation coming from these big companies that suck up all the tech talent, but at end of day the best and brightest are working on optimizing ad clicks (FB, Goog) or getting people to buy crap (Amazon) or working on incremental hardware improvements (Apple).
If anything, I would hope any outcome against big tech would level the playing field when it comes to attracting talent, and create an environment where working on true “moonshot” tech was not so risky.
Yeah I’m referring to basically that, except it would be customized so that they’d be pay by 15m and put in public spaces or coffee shops instead of private offices. I have used them at companies I’ve worked for and they’re great, but thinking more about the remote worker or freelancer out in public (not at an office or coworking space) who might want to pay a few bucks in an otherwise loud public space for a quiet place to talk a call.
I’ve been playing around with the idea of building on demand phone booth conference rooms (the ones you see in coworking spaces) but reservable in 15m blocks that open with a code from an app. Could partner with coffee shops or even cities for people who need some sound proof time while out and about to take a call, zoom into a meeting while out in public, etc.
I find it all so bizarre. Everything from how big the font size is in the left nav, to the ordering of the nav items, to how the feed and right nav scroll together (can’t see the top of the right nav if you scroll down the main feed) to how huge tweets with images appear (can only see 2 tweets if they contain images on a massive desktop screen) to the fact that you cant resize the left or right nav on your own...
Perhaps I made some classic tourist mistake, but when I was in Paris last year I felt like every mid-priced French bistro was extremely mediocre and overpriced. Menus all the same and food did not taste fresh at all. Wine bad too.
Given the algorithmic pricing on a lot of things (everything?) sold on Amazon there’s probably money to be made building some bot that checks for pricing mistakes and buys when one is found.
Personally I haven’t found the quality of Netflix originals to be anywhere close to the same level as HBO. Their approach is more “consistently release a ton of average quality shows” and hope a few stick. Will be interesting to see if that actually work long term.
Yikes. A little more than half the estimate. I’m pretty sure that is the worst miss the company has ever had.
With recent news that reruns like the Office and Friends are leaving next year, it would be really funny if a large chunk of Netflix subscribers are literally subscribing just to watch decades old reruns. It could be a bit of an Emperor Has No Clothes situation for them.
It’s pricey, but it feels like a Disneyland for foodies, which is what D&D should have tried to do and why AFAIK they keep expanding worldwide (just saw a new one on the Strip in Las Vegas, no less). Also the restaurants and rooftop in the one in NYC are all great as far as atmosphere goes. Food is reasonable IMO.
Right, there’s no moat. And per other comments the terms feel very anti-creator e.g. you grant substack an indefinite license to any work you’ve ever made and shared publicly even if you delete your account. You also don’t have access to any of the email addresses of your subscribers so you can’t easily move to another platform. Those policies feel like a bad PR battle waiting to happen (see Taylor Swift).
I’m curious where the cities that have paid ransomware attackers acquired bitcoin. Did they literally just open a Coinbase account and send funds through there?
I wonder if we’re ever going to have a real online friending app. Feels like we’re still in a stage where it’s weird to attempt to find close friends online like it was weird to date online 10-20 years ago.
I think there’s a good chance they go under in less than a year, with the final nail on the coffin being the poor performance of Lyft and Uber stock since both represent the very best case scenario for Bird...
I know there are a lot of crypto skeptics here, but if you believe in Bitcoin more than Tether at least then you should buy Bitcoin...if Tether does indeed fail Bitcoin will almost certainly spike past 2017 highs.
Investors would care if they thought Zoom’s customers cared enough to switch. I personally think this is terrible, but investors don’t seem to think Zoom’s customers care enough to change to a competitor, which makes me second guess whether or not this is actually a big deal to large customers.
This makes the wrong assumption that happiness comes with success. Success doesn’t bring happiness. If anything, being happy in the first place is what gives you a better chance at achieving success.
My biggest question right now is how many people will want to use Libra enough to pass stringent KYC checks for a wallet like Facebook’s Calibra? You’ll need to give Facebook much more information than they have on a user today, such as photo ID, address, SSN, etc (depending on country).
My cynical view is that Calibra is actually the real value to Facebook here, and they are betting that it will be the biggest wallet by far. It will allow Facebook to reconcile millions if not billions of identities in ways they have not been able to to this date.