Bricejm

Joined 16 years ago

Karma
147
Submissions
74
Member since
Sep 10
Fintech Founder/Product
View on Hacker News

Recent submissions

Comment · 11 months ago
Google also has $100 billion in profit each year from it's core business to wait out OpenAI.
Comment · 7 years ago
It would be helpful. After losing my hair, the sun became the enemy. Easy to forget to bring a hat.
Comment · 7 years ago
Prometheus definitely stood out. If they can do what they advertise, states could start implementing carbon taxes per gallon on the current gasoline to make the 'CO2 neutral' gas the same price or less.
Comment · 8 years ago
Agreed. I worked at Sears in college (~15 years ago) loading dock/warehouse. It was a great job at the time. Good pay, plenty of hours, and generally good managers. The downfall of Sears had very little to do with wages, but Amazon crushing all brick and mortar stores. We were dependent on foot traffic, and sales flyers in the Sunday paper - things that don't do much today.
Comment · 8 years ago
Would it make sense to combine California's ability to produce solar and need for water? Build solar plants that run during the day that power desalination plants that fill reservoirs in the western mountainous area which then releases the water at night downhill to the main canal system while turning turbines on it's journey?
Comment · 8 years ago
A fine isn't going to hurt Wells, especially when it's about two weeks worth of profit. If you want to teach a bank a lesson, you have to hit their business model. If after a fraud is uncovered regulators instituted restrictions to account openings instead of fines, you would see change. For example, if Wells wasn't allowed to open a new account - of any kind - for six months they would start to lose customers - and bankers - to institutions without restrictions. That would change the industry.
Comment · 9 years ago
When I was working as an accountant, computers were depreciated with a three year life. It's important to understand that an assets useful life often exceeds it's depreciation schedule. If an asset is sold after it's fully depreciated, it's just recorded as a gain.
Comment · 10 years ago
Comment · 11 years ago
Not an issue of supply, just regulation. It's significantly more difficult to start a bank today than 5-10 years ago but not impossible. Provisions in Dodd-Frank actually insulate current banks while raising the standards to start a bank. Also - charters are issued at the state level, but not without the blessing from the Fed/FDIC.
Comment · 13 years ago
Founder/CEO - TrustEgg - We eliminate the minimums. To open a Vanguard 'Wellington Fund' account - you would need $3,000. Also when purchasing, or making a trade, you are usually going to pay a fee.

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