hackandtrip

We keep seeing the number 8$ billions of losses, but I wonder: does that number already include the enormous depreciation of Crypto which is taking place after SBF's demise?

What if users' possession on FTX are actually valued much less now?

Apparently when another VC firm (Social Capital) suggested to create a board before going through with their investment, they received a plain&clear "f*k you".

Corporate governance, accounting, and all the other boring stuff should literally be the first things which you should look at when assessing whether to fuel or not an exchange.

There is no way a person in his position has any time for focus. CEOs of big companies (especially in case they manage multiple companies!) usually act as firefighters and mainly mentors to top-management. They need to be able to quickly jump between calls, board meetings, press, Q&A, in matter of minutes.

Something very similar is also written in Cal Newport's Deep Work book, where Jack Dorsey's typical day is outlined just as a series of interruptions.

I guess that tweeting between these interactions is not that time-consuming for him, + he actually sleeps at the workplace and is 100% focused on work.

> Apple is TSMC's largest single customer, but they're only ~25% of their revenue.

Consider that Apple is also 25% of total assets of Berkshire (around 250$B), so it's not much of a surprise that Berkshire is going into the main manufacturer of the biggest stock they have - hence the strong linking between the wto.

Not a scientist so more of a question than a statement, but how can this be relevant given that: - We are talking about a pathway found in mouses, we are not even sure it exists in human - These bacterias are only markers, therefore doesn't it mean that causation!=correlation and this does not prove anything?

Ideally, you could have a Postgres instance specifically dedicated for secrets - I don't see why you should couple sensitive and non-sensitive data. Many OSS services like HashiCorp Vault just do that: you give Vault a backend (which can be a Postgre DB, just like the one Supabase is offering) and it's gonna use that to save the secrets.

You could then use (e.g.) OpenID to connect to the specific instance of Supabase with those secrets from your application

Public company pivoting so many times on low-impact high-competition niches?

They surely must have saw that there is a hole to be filled, but I find it a bit hard to see them surpassing Gumroad.

I do wonder how this plays with the acquisition. IIRC, one of the merge agreement was for Twitter to avoid drastic changes that could impact the value of the company - this seems pretty big to me.

I work at a fairly complex distributed system (lots of infrastructure, mostly event-based system with milli-seconds latency for interactions between services managed mainly through queues, either managed externally or internally, 90 million MAU) and I cannot agree more.

Also, I would say that the difference is not much "scaling" a CRUD app for request/seconds, but for engineers on a single codebase/service, also architecturally. It's one thing to work alone on your project (which will probably handle k req/s, it's very easy nowadays with classic PostgreSQL and some other queues like RabbitMQ if you need event-based system). It's another to work on the same system with 100x more features, complexity (either in the same monolith or in different micro-services), and especially understand how to be pragmatic and solve problems you did not account for.

No amount of study can prepare you, other than first years at work. Afterwards, in my opinion, the challenges become improving the technology to scale more, and management.