rburhum

I 100% agree that is a silly comparison. Just a reminder that you initially made the analogy, not me.

If it was a 1978 Ford Pinto (one of the most unsafe cars ever made), you bet I would not get in it. The MAX is basically a Pinto for me.

It may not filter on equipment, but they do show you what kind of plane you are flying when you are buying the ticket so you can decide right then if you want to buy something else instead.

It is not that. It is that regardless if the plane is "fixed" or not, many frequent travelers will refuse to fly on a 737 MAX from now on.

Last year I took 73 flights. At least three of those were on a MAX. I profusely refuse to get on one of those, regardless if they are fixed or not.

this is definitely one of the few cases where I immediately stop trusting a private company and ask for heavy regulation...

Because designers spend an entire year designing what they are going to sell as their line for the year and when they show it on the runway, Zara takes a photo and has it mass produced and sent to stores in two weeks. They do this consistently. It is dodgy.

I love stories like this and have read several books around these topics, but always love to ask for recommendations when something like this gets posted in HNs. What is your favorite book around this topic?

knowing how to do some highly advanced tech thing and building a successful sustainable business are orthogonal skills. It is very common for somebody in one camp to overlook this.

why would the section marked “Git+Github” have “collaboration” marked as ‘no’? Like that is what it actually does...

The device itself is not that interesting, but I just love the level of detail that describes the reverse engineering process. Excellent blog post!

For some privacy features are more important than for others

I don't understand why there hasn't been a class action lawsuit against the telco's complete disregard for this security flaw in porting SIM/phone numbers. Literally this morning I read about this engineer that lost 100k from a hacker using the same attack https://www.ccn.com/100000-bitcoin-loss-bitgo-engineer-sim-h...

This is great. The BlazingDB guys are awesome and now that the project is open source this is another good reason for my teams to experiment with different workloads and compare it against a SparkSQL approach

Well, everyone in my family thought I was crazy for constantly looking at Robinhood during Christmas to snatch good deals.

So people will do that, but why would I just not sit out and keep stocks like my Berkshire or SP500 ETFs during it? Why would I just not double down and wait a few more years during those dips? Or am I not expected to do that because I bought it in Robinhood as opposed to having bought it in E-trade?

Oh, and I forgot that includes my mess ups of the first three months when I was learning. Otherwise I would be outperforming an ETF of the SP500 by 3% without doing much work.

It does not. Otherwise it would be higher.

I can only speak from personal experience, but I love Robinhood.

I am an amateur trader for pure hobby because of Robinhood.

Many years ago, I tried to create an etrade account and it was an insanely long process (it may have changed now). I don't even remember what I did after I got an invite from a friend, but I was up and running right away.

I started trading $300 just to see what it was like. The first three months, I learned a bit and lost some money. Fast forward 1 year to now, and I have around 54k in there and am up 16.05% - and that includes the crazyness of December. I have invited some friends and they all trade between $300 to 10k AFAIK. I am in no way rich, but I compare the performance of my retirement portfolio to what I do with a few ETFs, and honestly it has demystified the whole process. Before, I used to login to Clash of Clans when I had a few minutes to spare, now I spend that time browsing Robinhood. To me Robinhood was a game changer for this and many other reasons.

Don't you think that saying that all software that comes from these places is plain old racist? Some of the best engineers I have worked with are from Ukraine, for example.

Great advice, so I am not going to repeat this because I 100% agree with it.

However additionally I would add that if you think that it is the software alone that will make or break the company, then it is obvious that this is your first time doing this and that you have never brought a product to market. There are a ton of examples where one product that was of less quality absolutely annihilated another excellent product where the difference was the rest of the "business" machinery (marketing, sales, support, operations, etc).

It is an unpopular opinion in HNs, but good software is not enough to win.

Out of curiosity, is the encryption salt really that quote from William Wordsworth's poem ("I wondered lonely as a cloud...") or was that a joke? Can't extract sarcasm from presentation slides :(

Although I agree that the human population will decline in the next two centuries at some point (mainly due to wars and even mandatory birth control policies), don't think for a second that the current over population is because of human labor demand. I would attribute that to people loving having sex, better access to medicine and not enough education about the consequences off not using a form of birth control.

I think doing the argument of "open source vs business focused" is incorrect. I would just make the comparison of "business focused vs not business focused". If it is open source or not, that is just a detail of the business strategy.

One of the main problem that we technologist fail at is that a lot of the times we assume technology == product. When we do this, we completely overlook all the necessary infrastructure and processes that we need to have in place to capture the value that the technology provides. We need customer success to guide the customer through a continuous successful implementation, marketing to very clearly articulate value propositions that change in different verticals, a sales team to capture the value and turn it into dollars consistently, support to listen to the customer when things go wrong and hold their hand through the fixes or workaround, lawyers to prepare support contracts and cover procurement requirements, hr, etc etc. I could go on forever.

I disagree that there are not examples of companies that show how to make money from open source. Beyond the obvious examples like "RedHat is a public company" and "MySQL sold to Sun", I can think of an absurd amount of businesses whose secret sauce is ElasticSearch. I would argue, that even though Elastic is a public company, they have not been capturing all the value they have brought. Although there are consulting companies like EnterpriseDB and CitusDB around projects like PostgreSQL, thinking that "consulting" is the one and only business model around monetizing an open source database is a gross over simplification that glosses over models that are evolving in various other areas, for example the one Jetbrains is doing with IntelliJ (basically a subscription service now).

I can look at the current top 100 posts of HNs and point out quite a few of successful businesses that would not have been where they are right now without open source existing in its current form.

This is McKinsey's official response: https://www.mckinsey.com/about-us/media-center/mckinsey-stat...

Of course if you see it in a macro sense you are right. My comment was within the context of this article:

My point was that [Time worked == money generation] is exactly the opposite way of looking at things.

When I was freelancing a bit over a decade ago I was making more than most people my age I knew at the time. My natural reaction was to try scale that, so I hired folks to do the work for and with me... that is when I learned first hand how difficult it is to scale a services-based business.

However, folks much smarter than me taught me another thing. True wealth is created when you reach a point where you are making money while you are sleeping - which is exactly the opposite of what I was stressing about ("I only make money when I am charging for my time"). Ironic.

Not only "rich people" have stocks. I for one lost a few thousand with that drop.

Global warming is an issue at play even though it is always easier to point the finger "at the evil [X] corporation"

You mean like AWS being down?

I am just going to leave you with this image here that shows the SP&500 since 1928: https://imgur.com/a/JCMbIvU

We have had 10 years of growth since the last recession (every gray line is a recession).

If you take into account the market corrections that we have seen this year as a sign, most people in finance will agree that there will be a correction in the next three years. It is far from speculation.

The charts was generated from here: https://www.macrotrends.net/2324/sp-500-historical-chart-dat...

Edit: FYI I did not imply that market corrections == recession. The reason I put the image is to show that there hasn't been a recession in 10 years and that we are due for one. We have had a few market corrections this year, but no recession yet.

So then you do it like we used to back in the day, where we do our time (at least one year) while you look for a different job. Then your visa does transfer over. Choosing to leave before the one year is up is his fault, too.