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prklmn

773 karma · joined December 15, 2015

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prklmn··on Apple says Epic is ‘putting the entire App Store model at risk’
Users defend it because it’s a user friendly experience. The concept is good, even if you think apple’s cut is too high. Imagine going to a grocery store and needing to go through several different checkouts depending on which products you bought.
prklmn··on Vote by Mail: Ballot Fraud Risk, State Laws and Trump's Claims
Ranked choice voting would be a good start.
prklmn··on Maryland restaurant owner: 'Delete all the delivery apps'
I wish we had a delivery app where all restaurants on the platform are partners in ownership, and they cannot deny other restaurants from becoming partners.
prklmn··on Ask HN: A major USA bank is storing passwords in cleartext – what to do?
Do you want this person to mount a full blast investigation on their own? Most banks are mostly interchangeable nowadays unless you live in a small town and there’s only one bank you must use because you’re transacting with cash. They pay nearly zero interest, and they treat their customers like trash with monthly fees galore.
prklmn··on Casper Sleep S-1
Not from what I’ve seen. There is a sample you can push your hand into, but certainly it’s not big enough to properly try out.
prklmn··on Roku is cryptolocking TV’s until you give personal data
It appears that Apple TV is the most privacy focused out of the box option https://foundation.mozilla.org/en/privacynotincluded/product...

Also I think you might be surprised to learn that ROKU's market cap over $18B and most of that is likely due to their user profiling -- https://www.theverge.com/2018/7/20/17595384/roku-ceo-anthony...

prklmn··on Hospitals pledge to fight admin price transparency plan in court
They already do that
prklmn··on Hospitals pledge to fight admin price transparency plan in court
You compare hip replacement quality by asking what the center's/surgeons complication rate is. How many are they having to go back and redo, a revision as they call it. It would be nice if these rates were publicly accessible in a easy to search database. As it stands now, hospitals market themselves on size, volume, and fancy buildings all of which don't mean much compared to complication rates.
prklmn··on China attacks Apple for allowing Hong Kong crowdsourced police activity app
This figure includes the employees of Apple contractors. It’s a representation of how many jobs Apple supports in China. Of course Apple is not directly manufacturing anything in China, but the factories and parts suppliers are very much dependent on Apple’s business.
prklmn··on Why Is Joe Rogan So Popular?
It’s easier to entirely dismiss anything someone says when you label them as something that you don’t identify with. It’s the lazy way out. For those interested, here he is talking about some of his positions. Make of it what you want.

https://m.youtube.com/watch?v=GBwXOEuZYB4

prklmn··on Amazon wants to control third-party sellers’ product pricing
Think about inventory holding costs. Not only do you have capital tied up in that product in the warehouse, but you also have the opportunity cost of not being able to stock something else to sell.

And to your car dealership point - the way it works for GM at least is that GM sets sales goals for their dealers. Dealer X's monthly sales target is 75 vehicles. They will happily sell lets say vehicles 73, 74, and 75 on August 31st to get their $20k bonus for the month of August. They might not be misrepresenting their supposed price like you think. Also, the same concept of inventory holding costs applies really well for car dealers. It's purely an inventory turnover business. If your lot is full of fusions and you can sell 2 f150s in the time that you can sell 1 fusion at similar profit, you're going to want to get those fusions off the lot potentially at a loss so you can sell more f150s.

prklmn··on Amazon wants to control third-party sellers’ product pricing
It’s not only knockoffs. A friend of mine works in CPG and their company’s biggest problem with sales through amazon is that they sell at a loss to compete with grey market sellers who are selling stolen at a much reduced price.
prklmn··on VW invests $2.6B in self-driving startup Argo AI as part of Ford alliance
Why do you say purchasing out of bankruptcy riskier? That's counter-intuitive for me.
prklmn··on VW invests $2.6B in self-driving startup Argo AI as part of Ford alliance
Tesla is ahead in many regards but they are too debt laden for a buyout at this point. A larger player would be smart to wait until the economy turns and Tesla can no longer meet debt obligations, then buy them out of bankruptcy.
prklmn··on How I made money podcasting and why you probably don't want to
https://outline.com/J6Du4y
prklmn··on Robinhood Is Set to Raise at Least $200 Million in New Funding
GAAP is so overrated. It's 2019. The goal is to acquire users, not to make money. Unprofitability is sexy. In all seriousness this might as well be 1998 and I just hope they go public before the next big market swing down so I can short it.
prklmn··on Millennials and Gen Z Increasingly Pessimistic About Their Lives, Survey Finds
I think institutional corruption is a much bigger problem than population size for the US.
prklmn··on Illinois might start charging $1k per year to own an electric vehicle
Let's envision a world where only electric vehicles are driven. How is a tax collected to keep the roads in good shape - an electricity consumption tax?
prklmn··on Uber opens at $42 per share
It was still an IPO, just an untraditional one.
prklmn··on Launch HN: Centaur Labs (YC W19) – Labeling Medical Images at Scale
It's incredibly concerning that we could have "medical students and other health professionals" reading images and providing labeling data that would actually get used to teach AI...
prklmn··on Disney heir on CEO's $66M pay: 'No one on the freaking planet is worth that'
> Extremely strong leaders are rare.

That’s what a Fortune 500 CEO would have you believe. There are over a billion English speakers in the world and you don’t think there are at least thousands of people (who aren’t already overpaid CEOs) that could be doing a better job than Iger, or any given Fortune 500 CEO for that matter?

prklmn··on Disney heir on CEO's $66M pay: 'No one on the freaking planet is worth that'
> it's a real disservice to say he made $Xmillion in disney stock, given that the stock has no immediate cash value to him.

He can borrow against that stock and thus create immediate cash value.

prklmn··on Disney heir on CEO's $66M pay: 'No one on the freaking planet is worth that'
What do the CEOs who fail and the CEOs who succeed have in common? They're both incredibly overpaid. The question should not be is Bob Iger worth X/year?

The question should be could he be paid a fraction of what he is in reality and do an equally good a job? Or could somebody else do an equally good a job as Bob for a fraction of the cost? The answer is almost always yes to both questions, and it applies to all companies not just Disney.

prklmn··on Slack S-1
The S&P 500 by itself is valued at almost $24T (https://ycharts.com/indicators/sandp_500_market_cap).

A couple large companies going public and raising several billion dollars will not make the market crash. All of them listing at once is a symptom of where we are in the economic cycle, and where these companies are in their individual growth curves.

prklmn··on Changes to Models S and X allow them to travel longer without larger batteries
> Nikkei said that Panasonic “froze” a decision to put an additional $900 million to $1.35 billion of investment into the Nevada Gigafactory in a bid to “reduce its dependence on the automaker.” Tesla is Panasonic’s biggest customer for electric vehicle batteries, and the Japanese battery maker had already suffered millions in losses due to the slower-than-expected ramp-up of Model 3 production.

https://www.theverge.com/2019/4/11/18305976/tesla-panasonic-...

prklmn··on Changes to Models S and X allow them to travel longer without larger batteries
All other car manufacturers play that game.
prklmn··on Apple Music Overtakes Spotify in U.S. Subscribers
You’re right about the ease of switching. I think buying a wholesale club membership card is more analogous. You could buy a Costco card and a sam’s club card if you wanted, but there’s likely not many people who do. People actually prefer the shopping process at Costco for example, and they pay a yearly fee for it, just as people like the shopping/app purchasing experience on an iPhone, and they paid a substantial amount of money for the phone.
prklmn··on Apple Music Overtakes Spotify in U.S. Subscribers
I think this is similar to grocery store brands. Do you think that grocery stores should not be allowed to charge name brands for shelf space because they are competing against store owned private label brands?
prklmn··on Airbnb’s ‘Guerrilla War’ Against Local Governments
Your mischaracterization of why people are getting angry is quite funny to me.
prklmn··on Airbnb’s ‘Guerrilla War’ Against Local Governments
Suing every city trying to regulate your service that’s harming city residents is just lovely to you?
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