hamburgerwah

Opinion revised: I'm looking forward to the day when a "handwritten" letter causes your aging mother to forward your inheritance to a scammer. Stop doing things you know are wrong to make a quick buck.

There is no code. Ingratiate yourself to politicians long enough, boom your a [whatever financial thing you wanted to be].

I was about to get out my pitchfork but then I discovered that this is not used for marketing false authenticity. It is actually used in a service that attempts to help people lower their property tax rates. Due to the peculiar aspects of how this works in Texas, a "handwritten" note can improve the chances of a reduction.

From the lancet of all places. They completely destroyed centuries of reputation for cheap political points in all this. Too little too late.

If the US was nuked into oblivion the only things remaining would be cockroaches and intellectual property attorneys. I don't know why I repeated myself just there.

Tesla and Spacex are not perfect corollaries but they have shown that it is possible to produce things in the US at a lower cost so long as some level of quality is an important aspect of the product. It requires a level of competence that these thin marketing shells of companies like Nike etc cannot achieve though. The underlying problem is that they have lost any know how about how shoes are made, their only remaining competency is how to push slop down the marketing chute.

I think an overlooked part of teslas very high valuation is that it seems inevitable that legacy, stagnant and mostly incompetent companies like Ford and GM will fold (and would have long since if they didn't keep getting propped up by the feds).

Dozens of countries are churning out and beginning to utilize fully autonomous killing machines.

I don't know what else could make it any clearer but the world is already well into an AI terminator WW3.

I'm am at a loss that otherwise smart people didn't see this coming. The employer/employee relationship is ALWAYS adversarial. An employer is never ever ever going to be watching out for your interests as an employee and always going to be seeking the maximum means of exploiting you, act accordingly. This isn't a new thing. It's not much consolation but mailchimp folks still made out way better than wework folks.

Adam Neuman is every bit the fraudster Elizbeth Holmes is, he just wasn't in a regulated industry. He repeatedly fabricated fake financials and fradulent books to trick investors. His victims (private equity) mostly realized it was a scam and played a huge game of ponzi scheme until, for reasons that seem particularly murky, softbank made them all whole. No one had any illusions once Neuman starting cashing out his own positions in 2015.

wework 2.0 . 200x+ valuation to earnings. Spend 400 million to get 1 billion in revenue, not the worst that has been seen. "$1 billion annualized revenue run-rate". We said it that way cause putting it in GAAP terms would make people realize the emperor has no clothes.

The underlying math (read cryptographic implementation choices) and people backing Zcash are extremely suspect. These days everything gets all lumped under one crypto banner but from a first principles standpoint I find things like bitcoin and monero extremely sound. On the same basis I find, very unpopular opinion, say ETH, is just trash. Zcash is even worse in that it seems largely in intentional scam.