Silicon Valley Season 4: Hards-On for everybody!

The Something Awful Forums > The Finer Arts > TV IV > Silicon Valley Season 4: Hards-On for everybody!

MiddleOne: Feb 17, 2011

Yeah, there's a very stark difference between the image that Mark Cuban wants to portray of himself and his actual track record. He lucked out on the IT bubble and has been objectively worse at growing his fortune than a S&P500 index fund. (for those of you who don't speak finance, it means you're not a good investor) However, he is also a surprisingly talented basketball-team owner. I don't think people would be as hard on him if he wasn't trying to live this 'genius investor' lie that Shark Tank solidified in the public consciousness for him.

Basically, think Trump but without the nepotism, misogyny and hatred for minorities.

# ? Nov 26, 2016 07:31

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# ? May 9, 2024 23:13

veni veni veni: Jun 5, 2005

I thought Hanneman was a mish mash of different people.

# ? Nov 26, 2016 19:36

grilldos: Mar 27, 2004; BUST A LOAF
IN THIS
YEAST CONFECTION; Grimey Drawer

I'm sure the ways in which he is not like Cuban are ways he is like dozens of other people who exist, sure. Hanneman is majority Mark Cuban, Extra Douchey.

# ? Nov 26, 2016 19:49

Rocksicles: Oct 19, 2012; by Nyc_Tattoo

Hanneman fans should watch Good Girls Revolt.

# ? Nov 27, 2016 00:06

TheAngryDrunk: Jan 31, 2003; "I don't know why I know that; I took four years of Spanish."

In Cuban's defense, beating the S&P 500 isn't an easy thing to do.

# ? Nov 27, 2016 03:34

gret: Dec 12, 2005; goggle-eyed freak

There's definitely more than some of Sean Parker as portrayed in The Social Network in Russ Hanneman.

# ? Nov 27, 2016 05:13

MiddleOne: Feb 17, 2011

TheAngryDrunk posted:

In Cuban's defense, beating the S&P 500 isn't an easy thing to do.

A corpse would quite literally manage his assets better.

# ? Nov 27, 2016 05:43

withak: Jan 15, 2003; Fun Shoe

TheAngryDrunk posted:

In Cuban's defense, beating the S&P 500 isn't an easy thing to do.

Yeah but doing worse than it means that you put extra effort into losing your money.

# ? Nov 27, 2016 06:26

OctaviusBeaver: Apr 30, 2009; Say what now?

I don't think comparing his total net worth vs the S&P 500 is fair though, if that's the method you're using. If he is living like a rich person he could be spending tens or hundreds of millions of dollars a year on mansions and yachts. It's not like he would have all 3 commas parked in an index fund if he wasn't investing it himself.

# ? Nov 27, 2016 17:34

mrmcd: Feb 22, 2003; Pictured: The only good cop (a fictional one).

MiddleOne posted:

A corpse would quite literally manage his assets better.

Well the whole reason index fund investing is so huge right now is that there's very, very few people on this planet that can consistently beat the broad indices decade after decade. In other words, you could argue he's about as bad as most professional investors.

# ? Nov 27, 2016 17:52

MiddleOne: Feb 17, 2011

OctaviusBeaver posted:

I don't think comparing his total net worth vs the S&P 500 is fair though, if that's the method you're using. If he is living like a rich person he could be spending tens or hundreds of millions of dollars a year on mansions and yachts. It's not like he would have all 3 commas parked in an index fund if he wasn't investing it himself.

I don't think you get the sheer amount of money we're talking about here. A 100 million dollars is 200 Lamborghini's give or take. A billion dollars is not the kind of money that is actually spendable when put towards consumer goods unless you make it your life purpose. This is further compunded by many high-end consumer goods such as Rolex's and sport cars actually accumulating in value over time in comparison to their lower-consumer grade brothers and sisters due to the low circulation. Mansion's are even worse in this regard, just like your lovely condo they can accumulate in value without actually having any money put into them. He'd have to been spending in ways which would put the collective Saudia Arabian royalty to shame to support your thesis.

You don't get it. Even with the 2008 financial crisis, the S&P500 has as of today grown by over 200% (that is x3) since the bottom-end of the IT bubble downturn in 2002 (Mark liquidated at the absolute top of the bubble). To put this into perspective, we're talking literal billions of dollars of potential return on investment that he could have had in his pocket today by putting the money into an index fund and devoting not even a millisecond of additional thought to what was going on with his money for the next 14 years.

If a fiduciary financial advisor managed his money this poorly he'd be liable for legal action, it'd be criminal levels of negligence.

# ? Nov 27, 2016 18:03

blunt: Jul 7, 2005

https://www.youtube.com/watch?v=r8sCCf82Nf8

# ? Feb 18, 2017 01:00

Pope Guilty: Nov 6, 2006; The human animal is a beautiful and terrible creature, capable of limitless compassion and unfathomable cruelty.

blunt posted:

https://www.youtube.com/watch?v=r8sCCf82Nf8

Well that's some good news! Wish it wasn't two months out.

# ? Feb 18, 2017 01:22

Last Chance: Dec 31, 2004

Looks good!

Pope Guilty posted:

Well that's some good news! Wish it wasn't two months out.

Two months isn't really that long..

# ? Feb 18, 2017 01:27

Coolie Ghost: Jan 16, 2013; sensible dissent dispenser

blunt posted:

https://www.youtube.com/watch?v=r8sCCf82Nf8

"new internet"

please don't be about urbit please don't be about urbit

# ? Feb 18, 2017 01:51

gohmak: Feb 12, 2004; cookies need love

Coolie Ghost posted:

"new internet"

please don't be about urbit please don't be about urbit

https://www.youtube.com/watch?v=g1qroWiZF90

comedy loving gold.

# ? Feb 18, 2017 03:45

Echo Chamber: Oct 16, 2008; best username/post combo

I never heard of this. Here's what Wikipedia has to say:

Wikipedia posted:

Curtis Guy Yarvin (born 1973), also known by his pen name Mencius Moldbug, is an American computer scientist, political theorist, and neoreactionary thinker.[1] His writings have played a foundational role in the formation of the neoreactionary movement.[5] He is the creator of the Urbit computing platform,[6][7] through his startup company Tlon (backed by Peter Thiel[8]), and the author of the blog Unqualified Reservations.

...

Yarvn's opinions have been described as racist, with his writings interpreted as supportive of slavery, including the belief that whites have higher IQs than blacks for genetic reasons. Yarvin himself maintains that he is not a racist because, while he doubts that "all races are equally smart," the notion "that people who score higher on IQ tests are in some sense superior human beings" is "creepy". He also disputes that he agrees with the institution of slavery[6][16] but has argued that some races are more suited to slavery than others.[17]

Sounds like a really nice guy!

# ? Feb 18, 2017 04:03

mrmcd: Feb 22, 2003; Pictured: The only good cop (a fictional one).

gohmak posted:

https://www.youtube.com/watch?v=g1qroWiZF90

comedy loving gold.

This.... This is viral marketing for the new season, right?

# ? Feb 18, 2017 04:11

Cojawfee: May 31, 2006; I think the US is dumb for not using Celsius

Let's see, weirdo has a weirdo idea for how to fix the world, aaaaaand he's a white supremacist. Ok.

# ? Feb 18, 2017 04:15

mrmcd: Feb 22, 2003; Pictured: The only good cop (a fictional one).

I like how it starts out a stream of techno gibberish and then gets really, really culty at the end.

# ? Feb 18, 2017 04:20

mrmcd: Feb 22, 2003; Pictured: The only good cop (a fictional one).

It's a bad and difficult to use CMS server, but also has a blockchain for some reason which is TOTALLY NOT A TROJAN TO STEAL CPU, and also there's a centralized authority because we don't trust centralized authorities, please give us money the space music means we're super smart spiritual leaders lalalalalalalalalala internet 2.0.

# ? Feb 18, 2017 04:25

Cojawfee: May 31, 2006; I think the US is dumb for not using Celsius

All you had to say was "blockchain" and I'd be on board because I'm mentally retarded.

# ? Feb 18, 2017 04:27

the talent deficit: Dec 20, 2003; self-deprecation is a very british trait, and problems can arise when the british attempt to do so with a foreign culture

mrmcd posted:

I like how it starts out a stream of techno gibberish and then gets really, really culty at the end.

urbit is literally digital feudalism. they talk about owning your own data and having your own computer but they seldom mention that the communication protocol is strictly hierarchical and that you literally can't communicate without the blessing of your digital lord. they pay lip service to letting people transfer their allegiance to new lords but guess who owns 70% of the sum total of available lordships in perpetuitiy. no prizes for guessing "a bunch of creepy white supremacists who wish we still had kimgs"

# ? Feb 18, 2017 04:32

PostNouveau: Sep 3, 2011; VY till I die; Grimey Drawer

Y'all gonna have to dumb it down even further for me

# ? Feb 18, 2017 11:14

Rexides: Jul 25, 2011

PostNouveau posted:

Y'all gonna have to dumb it down even further for me

Nerds selling virtual fiefdoms to other nerds due to the idiosyncratic nerd assumption that cryptographically secured peer-to-peer communication is the only thing that will allow the human race to reach it's potential, and once the plebs understand that, the benevolent Nerd-Kings will be there, sitting on their virtual thrones, holding the keys to the magical digital republics of the future.

To be a bit serious, it does go a bit further than that. The creators imagine a future where everyone can code their own apps and examine the code they want to run, starting out with social apps that everyone uses like Facebook, and eventually transferring all governance infrastructure to this system, which in combination with a citizen body that can engage with it on equal and transparent terms, will achieve True Democracy.

If this sounds like science fiction, it's because the only practical thing to come out of it is the buying and sale of digital real estate that doesn't do much but needs to justify it's potential value.

# ? Feb 18, 2017 13:11

gohmak: Feb 12, 2004; cookies need love

Rexides posted:

Nerds selling virtual fiefdoms to other nerds due to the idiosyncratic nerd assumption that cryptographically secured peer-to-peer communication is the only thing that will allow the human race to reach it's potential, and once the plebs understand that, the benevolent Nerd-Kings will be there, sitting on their virtual thrones, holding the keys to the magical digital republics of the future.

To be a bit serious, it does go a bit further than that. The creators imagine a future where everyone can code their own apps and examine the code they want to run, starting out with social apps that everyone uses like Facebook, and eventually transferring all governance infrastructure to this system, which in combination with a citizen body that can engage with it on equal and transparent terms, will achieve True Democracy.

If this sounds like science fiction, it's because the only practical thing to come out of it is the buying and sale of digital real estate that doesn't do much but needs to justify it's potential value.

So, Snow Crash

# ? Feb 18, 2017 16:39

Shageletic: Jul 25, 2007

I just reread this the other day

quote:

This reputation originated in a prophecy given by the oracle at Delphi to his friend Chaerephon. Chaerephon asked the omniscient oracle if there was anyone wiser than Socrates, and the priestess replied that there was not.

Socrates recounts how he took this news with great puzzlement: he knew the oracle could not lie, and yet he was only too aware that he had no particular wisdom or specialized knowledge at all. In order to test the oracle, or to prove it wrong, Socrates sought out and questioned Athenian men who were highly esteemed for wisdom.

First, he interrogated the politicians, then the poets, and then the skilled craftsmen. In questioning the politicians, he found that though they thought they were very wise, they did not in fact know much of anything at all.

The poets, though they wrote great works of genius, seemed incapable of explaining them, and Socrates concluded that their genius came not from wisdom but from some sort of instinct or inspiration which was in no way connected to their intellect. Furthermore, these poets seemed to think they could speak intelligently about all sorts of matters concerning which they were quite ignorant.

In the craftsmen, Socrates found men who truly did have great wisdom in their craft, but invariably, they seemed to think that their expertise in one field allowed them to speak authoritatively in many other fields, about which they knew nothing. In each case, Socrates affirmed that he would rather be as he is, knowing that he knows nothing, than to be inflated by a false sense of his own great wisdom. Thus, he concludes, he truly is wiser than other men because he does not think he knows what he does not know.

http://www.sparknotes.com/philosophy/apology/section3.rhtml

# ? Feb 18, 2017 19:17

etalian: Mar 20, 2006

I hope the show puts more parody ads up on the 101.

Made me laugh my rear end off when I say the promo billboards and how it captured the vague, weird feel of Tech Bro startup ads.

# ? Feb 18, 2017 19:53

PostNouveau: Sep 3, 2011; VY till I die; Grimey Drawer

Rexides posted:

Nerds selling virtual fiefdoms to other nerds due to the idiosyncratic nerd assumption that cryptographically secured peer-to-peer communication is the only thing that will allow the human race to reach it's potential, and once the plebs understand that, the benevolent Nerd-Kings will be there, sitting on their virtual thrones, holding the keys to the magical digital republics of the future.

To be a bit serious, it does go a bit further than that. The creators imagine a future where everyone can code their own apps and examine the code they want to run, starting out with social apps that everyone uses like Facebook, and eventually transferring all governance infrastructure to this system, which in combination with a citizen body that can engage with it on equal and transparent terms, will achieve True Democracy.

If this sounds like science fiction, it's because the only practical thing to come out of it is the buying and sale of digital real estate that doesn't do much but needs to justify it's potential value.

So instead of running Facebook on Chrome, using Facebook's servers and an industry standard code, I would run whatever "Facebook" code I prefer on a small amount of space I rent for my code, and then reconcile it with everyone else's own personal codes so that I could actually see the other content on Facebook?

# ? Feb 18, 2017 20:32

Cojawfee: May 31, 2006; I think the US is dumb for not using Celsius

I thought it was a joke because he was saying "you can have your own personal cloud server" and I thought he was making a joke of having people get computers and call them personal clouds or whatever.

# ? Feb 18, 2017 21:06

Caphi: Jan 6, 2012; INCREDIBLE

Rexides posted:

Nerds selling virtual fiefdoms to other nerds due to the idiosyncratic nerd assumption that cryptographically secured peer-to-peer communication is the only thing that will allow the human race to reach it's potential, and once the plebs understand that, the benevolent Nerd-Kings will be there, sitting on their virtual thrones, holding the keys to the magical digital republics of the future.

To be a bit serious, it does go a bit further than that. The creators imagine a future where everyone can code their own apps and examine the code they want to run, starting out with social apps that everyone uses like Facebook, and eventually transferring all governance infrastructure to this system, which in combination with a citizen body that can engage with it on equal and transparent terms, will achieve True Democracy.

If this sounds like science fiction, it's because the only practical thing to come out of it is the buying and sale of digital real estate that doesn't do much but needs to justify it's potential value.

So they're trying to build an alternative to IP and then reboot the ISP industry with a monopoly on address access?

# ? Feb 18, 2017 21:08

Coolie Ghost: Jan 16, 2013; sensible dissent dispenser

gohmak posted:

https://www.youtube.com/watch?v=g1qroWiZF90

comedy loving gold.

loving lol, i forgot about this. it's literally perfectly clickhole's Man Mumbles Bitcoin Explanation At You https://www.youtube.com/watch?v=4APcgsRdW6w

# ? Feb 18, 2017 21:19

Rexides: Jul 25, 2011

PostNouveau posted:

So instead of running Facebook on Chrome, using Facebook's servers and an industry standard code, I would run whatever "Facebook" code I prefer on a small amount of space I rent for my code, and then reconcile it with everyone else's own personal codes so that I could actually see the other content on Facebook?

Yeah, you could do that, or at least choose who hosts your page. You would still access it through your browser as normal, or rather, access other people's privately hosted pages through your browser. It would be slow as gently caress though with today's internet, though, but their assumption is that by the time the system is widely adopted, computational power and network speed will be sufficiently high. Implementations can be different, but as long as they share the same communication protocol it should not be a problem. Frankly, that's the absolutely least of my worries with the whole idea.

Caphi posted:

So they're trying to build an alternative to IP and then reboot the ISP industry with a monopoly on address access?

Kinda difficult to disrupt the ISP industry when they are the ones installing the cables. The whole thing is designed to work on top of current infrastructure, which is one of the more down to earth parts of the project.

# ? Feb 18, 2017 21:30

Pope Guilty: Nov 6, 2006; The human animal is a beautiful and terrible creature, capable of limitless compassion and unfathomable cruelty.

Caphi posted:

So they're trying to build an alternative to IP and then reboot the ISP industry with a monopoly on address access?

Basically his business model is to get everybody to use his internet instead, which he can then collect rents on.

# ? Feb 19, 2017 00:46

PostNouveau: Sep 3, 2011; VY till I die; Grimey Drawer

I watched their video, and some dopey looking dude was like

"say you want to build a tic tac toe game. You can just sit down and code it and be done in two hours. But ideally you'd design a tuc tac toe language that everyone can iterate on and use open source. That would take two years. When it's faster to do it wrong, no one will do it right."

If that's their underpinning philosophy, I don't need to know how it works technically to know it's loving stupid and no one will adopt it.

# ? Feb 19, 2017 01:12

Cojawfee: May 31, 2006; I think the US is dumb for not using Celsius

Say you want to build a tic tac toe game. You can just sit down and use someone else's tic tac toe langauge and be done in two hours. but ideally, you would design your own tic tac toe language that no one will iterate on because they will build their own. That would take two years. When it's faster to do it wrong, no one will do it right.

I am introducing my brand new internet, durbit. It's like urbit but you build it yourself, and everyone else builds their own durbits. Then you pay me $10,000 to connect your durbits to my main durbit decentral using decentralized blockchain technology. It's a fashion forward, bleeding edge, top down, bottom up, farm to table internet that you create yourself and pay me for.

# ? Feb 19, 2017 01:21

PostNouveau: Sep 3, 2011; VY till I die; Grimey Drawer

But is durbit open source?

# ? Feb 19, 2017 01:29

Cojawfee: May 31, 2006; I think the US is dumb for not using Celsius

For me, yes. For you, no. If you're one of the first 1,000 users, I will let you look at a screen shot of some of the source code.

# ? Feb 19, 2017 01:33

Geddy Krueger: Apr 24, 2008

New trailer:

https://www.youtube.com/watch?v=mydFes629og

April 23 can't come fast enough.

# ? Mar 30, 2017 02:32

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# ? May 9, 2024 23:13

GobiasIndustries: Dec 14, 2007; Lipstick Apathy

Geddy Krueger posted:

New trailer:

https://www.youtube.com/watch?v=mydFes629og

April 23 can't come fast enough.

"Richard, You are a Bad Guy" pretty much has to be in the new thread title right???

# ? Mar 30, 2017 02:38

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