loftyai

I can't speak for every company out there, but for us, we've discovered that resumes and whiteboard challenges are bad predictors of great engineers. So, we simply come up with a small project that's related to what we would have you work on if you were hired and give you around a week to finish it. You can use other people's code snippets online as well as any libraries you see fit. As long as the end result is good enough, we'd move you to the next step, which is to just test if you're a good culture fit. I know quite a few other startups are doing this as well, so maybe the method is becoming popular. I would recommend you research the companies a bit and see if it's even something they'd care about first. We wouldn't even ask you to explain a gap in the first place.

The release of the news might move the market a bit, but typically for these large volume trades, they don't go through the typical exchanges like NYSE. Instead, traders will often deal with another large player through an OTC transaction.

It's interesting that you bring this up. Every time I take an uber or lyft (which is very often), I ask the driver which one they prefer. Around early 2019, I've noticed a lot of drivers say they get more business on uber, but prefer lyft. So, it seems like there is actually a noticeable distinction for the 2 services, at least from the driver's perspective.

But it's 2019 about to be 2020. Surely people can easily automate this aspect of recruiting?

Yeah, very true. But it's kind of sad that people like me, who still dress according to comfort get grouped in with the status and conformity faction.

This is a pretty interesting point of view. I had always thought that it's just something that was passed down as tradition since it seemed that back in the days, men always wore suits, even when they're not at work.

Does anyone else find it out that the people (recruiters) in charge of finding good tech talent often have no experience in programming themselves? So, my question is how do they know if someone is a good programmer?

If all they do is read the resume, then we know, based on other people's comments here, that it's clearly not good enough of a method to find the best talent. So, if this is the case, why do we keep relying on recruiters to find us talent?

I never understood the bias on work attire from both sides. It's silly to judge people's abilities based on what they like to wear period. The whole point of casual dressing in Tech was that it made some people perform better, because it took them less time to get dressed in the morning, and they were physically more comfortable at work. But people are different, some people might genuinely code better or perform better if they wear a suit. The point is to let people wear whatever they're comfortable with, so they can perform at their personal best, within reason of course. We wouldn't want crazy people to show up to work in underwear or naked haha.

If you're still interested, you can email me directly, and I'd be happy to send you some of the stuff I was able to dig up.

Yep! That's exactly right. We keep that in reserve in a 3rd party account :)

Also, you have a great point on the perception problem, which is what we are trying to tackle right now. We have genuinely designed a product that is meant to be the most customer-friendly buyer model out there, but because we are a seed-stage company, many people are just concerned, because we lack a long standing reputation in the industry.

You're absolutely right about the correlation changes. However, gold's correlation to the general market was developed organically by human behavior over time. That does often change during crisis.

However, options contracts are a form of derivatives, meaning they are contracts financially engineered to hold a specific correlation. So, you can build perfect hedges using options contracts, which is what they were originally invented for. People just started betting on the markets with them, which created all kinds of risks in the market.

You're getting warmer ;)

We also don't just hedge with options on 1 index, so a blend of hedging instruments can get us pretty close to 100% granularity. Any percentage points that are not covered in a granular manner should be offset by performing contracts, and the worst case is we use our own capital to cover maybe the remaining 1-2% uncovered risk.