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umeshunni

5,069 karma · joined July 18, 2012

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umeshunni··on Microsoft's 1986 IPO
You're right. On Dec. 27, 1999, Microsoft's market cap hit hit $614 billion.

I might have confused it with some "inflation adjusted market cap" I read somewhere.

umeshunni··on Microsoft's 1986 IPO
Something I find interesting about early technology IPOs is how early they IPO-ed compared to more recent tech companies and how much of their growth and value creation happened post-IPO.

- Microsoft IPOed in 11years, profitable and at a ~$800M valuation. They hit a ~$1T valuation in 2000. During the 90s, their stock roughly doubled each year, for a 1000x growth.

- Amazon IPOed in ~3 years, unprofitable and at ~$300M valuation. Their stock has 2200x since then.

- Google IPOed in ~6 years, proftiable and at a $25B valuation. Their stock has ~80x since then.

- Facebook IPOed in ~8 years, profitable and at $100B valuation. Their stock has 20x since then.

I think the ZIRP era led many companies to avoid going public, either because of access to easy money or because their financial didn't need to be disciplined enough. The high levels of pre-IPO funding also has led to many/most of them underperforming in the public markets.

umeshunni··on The 2005 Sony Bravia ad
> the U.S. engaged in war for the 90's/00's/10's/20's.

but also in the 40s/50s/60s/70s/80s

umeshunni··on Volkswagen seeks to counter rivals with budget EV model
Yeah they could just call it the Golf EV and be done with it
umeshunni··on Global sales of combustion engine cars peaked
Why?
umeshunni··on Global sales of combustion engine cars have peaked
That doesn't make any sense. There are 10s of millions of newly middle class consumers in Asia.
umeshunni··on After Moss Landing Power Plant reignites, officials brace for more flare-ups
I assume the purpose is to store the excess generated power for high demand times.
umeshunni··on Can you lose your native tongue? (2024)
I'm guessing Tamil Nadu and Karnataka.
umeshunni··on Plane crashes, overturns during landing at Toronto airport
/Ack
umeshunni··on Plane crashes, overturns during landing at Toronto airport
[flagged]
umeshunni··on 'Honestly terrifying': Yosemite National Park is in chaos
If a 5% layoff that sets them back to 2022 levels of headcount leads to chaos, maybe the problem is much deeper.
umeshunni··on New SF public health chief was part of McKinsey opioid-marketing operation
> That seems like a major change in the embrace of corruption recently

This is San Francisco we're talking about where the former mayor was funneling bribes to her boyfriend(?), pressuring to get her brother out of jail early and had her buddies managing diversity programs funnel millions elsewhere.

umeshunni··on US Forest Service and National Park Service to fire thousands of workers
FYI that these two agencies have about 55000 employees in all, so this is about an 8% RIF
umeshunni··on If you believe in "Artificial Intelligence", take five minutes to ask it
Yeah, Al Gore buying Slashdot and ruining it was the worst thing that happened to social media in the early 2000s and gave rise to the likes of MySpace and later Facebook.
umeshunni··on If you believe in "Artificial Intelligence", take five minutes to ask it
You're talking about Al Gore discussing climate change, right?
umeshunni··on Meta’s Hyperscale Infrastructure: Overview and Insights
The tragedy of our times is that some of our brightest minds are working tirelessly, not to cure diseases or to explore the stars, but to improve the probability that someone will click on an ad by 0.1%.
umeshunni··on 1% Equity for Founding Engineers Is BS
The house always wins. In Vegas, casinos are the house. In Silicon Valley, VCs are the house.
umeshunni··on S1: A $6 R1 competitor?
> in that a distilled model of an LLM is like a JPEG of a photo

That's an interesting analogy, because I've always thought of the hidden states (and weights and biases) of an LLMs as a compressed version of the training data.

umeshunni··on 20k federal workers take "buyout" so far, official says
Amazing. That offer (and website in general) look and sound identical to what the current administration is proposing.
umeshunni··on The young, inexperienced engineers aiding DOGE
https://www.wsj.com/politics/democrats-have-a-new-leader-but...

Good read on that topic

umeshunni··on String of recent killings linked to Bay Area 'Zizians'
edited my comment to add some other details I found
umeshunni··on String of recent killings linked to Bay Area 'Zizians'
The FBI report says it was a traffic stop. The milemarker 168 seems to be about 10 miles from the Canadian border.

https://www.fbi.gov/contact-us/field-offices/albany/news/fbi...

More information from the police report:https://drive.google.com/file/d/1wycOK3UbaQ9JWZuvo2gpZiDT-0t...

On January 20, 2025, at approximately 3:00 pm, an on-duty, uniformed United States Border Patrol (USBP) Agent initiated a stop of a blue 2015 Toyota Prius Hatchback with North Carolina license plate number KLA2040 to conduct an immigration inspection as it was driving southbound on Interstate 91 in Coventry, Vermont. The registered owner of the vehicle, Felix Baukholt, a citizen of Germany, appeared to have an expired visa in a Department of Homeland Security database. YOUNGBLUT was driving the Prius, and Baukholt was the lone passenger in the Prius. Multiple uniformed Border Patrol Agents were present at the stop in three USBP vehicles with emergency lights illuminated.

(later in the same document)

Investigators had been performing periodic surveillance of Baukholt and YOUNGBLUT since on or about Tuesday, January 14, 2025. A concerned citizen-an employee of a hotel in Lyndonville, Vermont--contacted law enforcement after a male and a female had checked into the hotel to report concerns about them, including that they appeared to be dressed in all-black tactical style clothing with protective equipment, with the woman, later identified as YOUNGBLUT, carrying an apparent firearm in an exposed-carry holster. Investigators with VSP and Homeland Security Investigations attempted to initiate a consensual conversation with Baukholt and YOUNGBLUT, but they declined to have an extended conversation, claiming that they were in the vicinity to look at purchasing property. After the contact with law enforcement, the pair checked out of the Lyndonville hotel on the afternoon of January 14, 2025. Investigators later observed the pair in similar tactical dress on Sunday, January 19, 2025, walking in downtown Newport; YOUNGBLUT was observed carrying a handgun at that time.

umeshunni··on The Strike Is Coming
When you see racial/women's/LGBTQ rights and Gaza in the same sentence you know how out of touch these organizers are.
umeshunni··on Introducing ChatGPT Gov
I hate to be that guy, but here's what ChatGPT says:

This expression uses metaphorical language to describe a situation where traditional barriers, hierarchies, or protections have been removed, allowing broader access or disrupting the status quo. Here's a breakdown:

1. "Guards and fences are down" - This implies that the usual controls, restrictions, or gatekeepers are no longer in place.

2. "At the chow truck" - The chow truck symbolizes something previously exclusive or regulated, like access to resources, opportunities, or knowledge.

3. "While commoners are using LLMs" - Refers to everyday people (as opposed to elites or specialists) now having access to advanced technology, specifically Large Language Models (LLMs), like AI tools for generating text.

Together, the expression likely means that AI-powered tools have democratized access to knowledge and creativity, breaking down barriers that once limited these capabilities to experts, institutions, or privileged individuals. It highlights a significant shift where advanced tools are now accessible to "commoners," disrupting traditional power dynamics.

umeshunni··on Stargate Project: SoftBank, OpenAI, Oracle, MGX to build data centers
He love the publicity and most people won't realize that he doesn't have anything to do with this.
umeshunni··on Celestial Navigation for Drones
in theory, the carts could predate Roman history.
umeshunni··on TikTok users posting cat videos do not threaten UK national security, minister
Does the UK government actually care about oil or is the chumminess with Middle Eastern countries due to the levels of investments they have in the UK, particularly London?
umeshunni··on TikTok users posting cat videos do not threaten UK national security, minister
It's all cat videos till some Jihadi livestreams bombing a Taylor Swift concert or something.
umeshunni··on Is the world becoming uninsurable?
what does that have to do earthquakes?
umeshunni··on OpenAI Fails to Deliver Opt-Out System for Photographers
Well that hasn't stopped Deepseek.
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