aluminussoma

On the whole, this is a good thing. There are policy responses that can be enacted as needed, in an easier and more humane way. The goal of the US government should be to protect the interests of the American citizen, as much as the goals of India or China should be to protect their own interests.

If growth rate was really 50% YoY, their investors would not let them sell for $5 billion.

Different businesses. Stripe main business is a payment processor. Brex provides credit.

I don’t think most Americans care about how Europe sees us. Instead, there is a thought that Europe uses America to protect its own interests instead of putting its own resources on the line.

America itself has its own problems. America is spending too much money. America has an inflation problem that led to one of the most unpopular presidents ever getting elected again. Many Americans think it’s time to solve America’s problems instead of being feted in European capitals. If that means the rest of world won’t use Gmail, YouTube, or Facebook, so be it. Those companies can take care of themselves.

To put it differently, Yotta’s customer’s misfortunes are because they are poor and not politically connected. If Fidelity fails, their customers are rich and they vote: they must be made whole.

Kind of like the SVB failure. SVB customers were made whole. Systematic risk and all that.

My mother asked me for a phone recommendation and I told her to try OnePlus. It is a beautiful phone (for an Android) but very buggy. It often fails, at random, at it most basic job of making phone calls without needing a restart. I regret making that recommendation.

I am planning to make the switch this year. As a long time Pixel user, Google's support of its own hardware has been subpar. My phone was only officially supported for 3 years.

They will increase support for new phones, probably because Apple does the same. It is too little, too late for me.

Here is why I find it hard to believe there is a cabal of mods: what is their motivation for shutting down Reddit? If this is true, these fiefdom mods are hurting themselves financially and personally by keeping their subreddits shut down.

The simplest explanation to me is that they protest because they care. It is not just Apollo. They don't like the overall direction Reddit is heading in.

Because they respect your privacy and don't feel the need to plaster your comment in every search engine?

Thank you for adding this perspective. The news reports we receive do not provide this context so it is easy to think it is only about numbers.

0% Interest Rate Phenomena. Much of the funds come from extra capital sloshing around the system, looking for returns. Once bought out, some companies incur more debt (easy because of 0% interest rates) much of which goes back to the new owners as special dividends. Finally, once stripped to the bones, the company goes public again.

I can't wait until this vulturous business model gets smacked in the face by tighter financial conditions.

I'm glad it works for them, and I am a little skeptical whenever someone fawns over Notion (is it a paid placement? Is it someone who is trying sell templates?). To me, as someone who uses Notion for work, it is a dystopian vision, like using JIRA for my personal life's tasks.

I very much prefer simple, low tech solutions to dealing with my life's problems.