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shrike82 posted:I'm comparing it with the other major hubs like SF and NYC. It's right behind SF in terms of insane rises in rent and similar measures. Seriously, wander into the PNW Politics thread if you don't believe me, housing costs are a major, major concern.
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# ? Feb 11, 2016 22:37 |
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# ? May 3, 2024 02:41 |
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Woolie Wool posted:Sometimes the behavior of investors makes me wonder if they are not actually human but instead some sort of ungulate. Autistic, sociopathic robot
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# ? Feb 11, 2016 22:37 |
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Arsenic Lupin posted:In the dot-com era I very briefly (6 months) worked for an investment bank, on the infrastructure side. The actual movers and shakers were quite blunt about how little they cared what happened to a stock after they brought it public. Their job was to make $$$$ for the investment bank and coincidentally some of the founders at the IPO, to give the company a couple of Buy ratings, and then to cut the company loose. Some investors* buy invest pre-IPO and then dump most, if not all, of the shares at the IPO; they don't think the stock is a long-term win, they just want to make the quick profit. it's a bit more complex than that (was on the buy side myself). there's a fair bit of relationship management involved with institutional clients and the company being IPOed so it's not just IPO and forget. i mean there's a reason why IPOs have been overwhelmingly underpriced
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# ? Feb 11, 2016 22:39 |
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Bastard Tetris posted:Neither would surprise me. I'm so glad I'm out of that mess. I wouldn't want to be working for someone making misleading claims that's for sure, but it's a great sector to be in. It's technology that will have big impacts on peoples lives even with it's current limitations. There will be some big winners regardless of a tech bust.
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# ? Feb 11, 2016 22:55 |
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size1one posted:I wouldn't want to be working for someone making misleading claims that's for sure, but it's a great sector to be in. It's technology that will have big impacts on peoples lives even with it's current limitations. There will be some big winners regardless of a tech bust. I'm still in the sector, just at a way better company.
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# ? Feb 11, 2016 23:03 |
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Jesus Christ at Theranosquote:In May 2013 Ian Gibbons, a senior biochemist employed at Theranos for more than eight years committed suicide after telling his wife that "Nothing is working [at the company]".[11][12]
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# ? Feb 11, 2016 23:04 |
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shrike82 posted:it's a bit more complex than that (was on the buy side myself). This is *so* not my field of expertise, though: see "infrastructure support" and the 6-month stay.
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# ? Feb 11, 2016 23:06 |
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icantfindaname posted:Autistic, sociopathic robot Sociopathic robots would make rational decisions with the information available. Investors act like wildebeest whose watering hole has been spiked with Red Bull. OMG THE COMPANY REVISED THEIR EXPECTED QUARTERLY PROFITS DOWN 5%! WE'RE DOOMED SELL SELL SELL!
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# ? Feb 11, 2016 23:11 |
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Uber just paid $28M to settle a class-action lawsuit. (They probably found the money in the couch cushions.)quote:Uber has agreed to pay $28.5 million to settle a class-action lawsuit that took issue with the company’s claims that its driver background checks were “industry leading.”
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# ? Feb 12, 2016 00:46 |
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shrike82 posted:I haven't been there a year but it still seemed pretty cheap to me. Anything over $1,500 a month for a 1BR is pretty crazy. I'd argue that anything over $1,000 is crazy. The Bay Area has tiny studio apartments that are going for over $3,000 a month. NYC is almost as bad and Seattle is pretty ridiculous too. There are cities where you can snag a decently sized 1BR for $700 a month downtown. If you're making bank in a tech job that's payable but what if you aren't? If you're making $10 an hour it costs you over 300 hours (think taxes) a month just to pay your rent. Guess how many people can actually do that? I don't live in a city but here I can snag a 1BR that would comfortably house two people, including all utilities except internet, for $550 a month.
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# ? Feb 12, 2016 02:01 |
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ToxicSlurpee posted:I do live in a city but here I can snag a 1BR that would comfortably house two people, including all utilities except internet, for $550 a month.
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# ? Feb 12, 2016 08:25 |
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ToxicSlurpee posted:Anything over $1,500 a month for a 1BR is pretty crazy. I'd argue that anything over $1,000 is crazy. The Bay Area has tiny studio apartments that are going for over $3,000 a month. NYC is almost as bad and Seattle is pretty ridiculous too. There are cities where you can snag a decently sized 1BR for $700 a month downtown. If you're making bank in a tech job that's payable but what if you aren't? If you're making $10 an hour it costs you over 300 hours (think taxes) a month just to pay your rent. Guess how many people can actually do that? Luckily, Seattle seems to be doing a reasonably good job of building enough to meet demand, so things probably aren't going to reach bay area levels of dumb there: quote:It's not demand that has Seattle apartment landlords worried. It's supply. Those poor, poor developers.
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# ? Feb 12, 2016 08:49 |
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Mmm, i guess if you want to talk really really cheap, Pittsburgh is cheap. I have an ex-classmate who works for the new Uber setup there. Wrangled Bay Area pay and is paying less than a grand for a 2BR. Anyway the context is tech hubs.
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# ? Feb 12, 2016 08:53 |
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Pitt has a surprisingly decent tech community around Carnegie Mellon
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# ? Feb 12, 2016 10:09 |
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Solkanar512 posted:It's right behind SF in terms of insane rises in rent and similar measures. Seriously, wander into the PNW Politics thread if you don't believe me, housing costs are a major, major concern. Isn't the PNW having the issue where rich people are moving into the city centre to experience the 'artistic and musical culture' of the city, thereby driving up prices and forcing said artists and musicians to move somewhere cheaper?
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# ? Feb 12, 2016 14:52 |
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MikeCrotch posted:Isn't the PNW having the issue where rich people are moving into the city centre to experience the 'artistic and musical culture' of the city, thereby driving up prices and forcing said artists and musicians to move somewhere cheaper? The conventional wisdom is that it's all techbros from Amazon, but it wouldn't surprise me if the issue were more complicated. My personal scape goat are the NIMBYs that have voted for years against dense development, not the transplants who are just getting to town.
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# ? Feb 12, 2016 14:56 |
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MikeCrotch posted:Isn't the PNW having the issue where rich people are moving into the city centre to experience the 'artistic and musical culture' of the city, thereby driving up prices and forcing said artists and musicians to move somewhere cheaper? We like to call this phenomenon "gentrification"
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# ? Feb 12, 2016 15:04 |
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blowfish posted:actual silicon valley startups don't like the series, guess why It's the first time someone's held a non-funhouse mirror up to their
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# ? Feb 12, 2016 16:33 |
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Munkeymon posted:It's the first time someone's held a non-funhouse mirror up to their Fwiw, most techie friends of mine love that show, and one fits the smug ubermensch libertarian techie stereotype to a tee (he has only recently conceded that the unicorns with no non-VC cashflow might be in trouble but refuses to believe there's an app bubble).
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# ? Feb 12, 2016 16:43 |
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More bad news for unicorns: In December AirBNB released report on NYC hosts being law-abiding ... after purging listings in November. quote:“The vast majority of our hosts are everyday people who have just one listing and share their space a few nights a month to help make ends meet,” [a company spokesman] wrote in an email Wednesday. Pandora is said to be in talks to sell itself. Whether this represents good or bad news depends on the price offered. quote:For Pandora, it would be a curious time to sell. Its shares are yielding a market value of $1.8 billion, down from more than $7 billion two years ago. The stock has fallen more than 60 percent since October. and finally naive editorial suggesting Twitter abandon hopes of growth and become a niche social-media company. quote:Perhaps there’s more promise in a future as an independent but private company; as a small and sustainable division of some larger tech or media conglomerate; or even as a venture that operates more like a nonprofit foundation. (it. mine)
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# ? Feb 12, 2016 17:38 |
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Arsenic Lupin posted:More bad news for unicorns: This makes me laugh pretty hard.
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# ? Feb 12, 2016 20:12 |
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Woolie Wool posted:Sometimes the behavior of investors makes me wonder if they are not actually human but instead some sort of ungulate. Poor ole Andreesen, thought of a down round and died.
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# ? Feb 12, 2016 20:44 |
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Arsenic Lupin posted:and finally It's less about abandoning growth and more about abandoning attempts to be Facebook. Regardless, I think Google will end up buying it before too long for a bag of nickels.
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# ? Feb 12, 2016 21:58 |
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redscare posted:It's less about abandoning growth and more about abandoning attempts to be Facebook. Regardless, I think Google will end up buying it before too long for a bag of nickels.
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# ? Feb 12, 2016 22:01 |
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To be honest that's kind of one thing that confuses me about some of the attitudes in software land. What's so wrong about having a little niche that you fill? Why does everything have to grow exponentially forever?
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# ? Feb 12, 2016 22:06 |
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ToxicSlurpee posted:To be honest that's kind of one thing that confuses me about some of the attitudes in software land. What's so wrong about having a little niche that you fill? Why does everything have to grow exponentially forever? Arsenic Lupin fucked around with this message at 22:16 on Feb 12, 2016 |
# ? Feb 12, 2016 22:09 |
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Google buying Twitter is the most sensible final path for Twitter. They've wanted to break into social media for a long time and Google+ is a joke that no one uses. They get a (fairly) popular platform and Twitter can stop panicking about how to monetize. Of course it'll only make people millions of dollars instead of billions so instead they're gonna do a bunch of dumb stuff and destroy the platform.
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# ? Feb 12, 2016 22:15 |
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ToxicSlurpee posted:To be honest that's kind of one thing that confuses me about some of the attitudes in software land. What's so wrong about having a little niche that you fill? Why does everything have to grow exponentially forever? My new app summarily executes people like you who question the wisdom of the marketplace
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# ? Feb 12, 2016 23:19 |
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huskarl_marx posted:My new app summarily executes people like you who question the wisdom of the marketplace Job Creatr
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# ? Feb 12, 2016 23:47 |
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shrike82 posted:Mmm, i guess if you want to talk really really cheap, Pittsburgh is cheap. I have an ex-classmate who works for the new Uber setup there. Wrangled Bay Area pay and is paying less than a grand for a 2BR. Tech is impacting Pittsburgh. Try buying a home in the east end these days.
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# ? Feb 13, 2016 01:01 |
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Arsenic Lupin posted:and finally this would have been the most realistic trajectory for twitor from the start nobody uses twitor or facebok because they like the ~brands~ or the ~community~ of the very select and elite (hahaha) users on social media both are a case of customers being effectively locked in because no alternative has enough of their friends to be worth joining over facebook, or enough dumbass followers to grow numbers and egos, to be worth switching to unless millions of people do so simultaneously. both should get used to basically being a utility that provides a mediocre level of social media everyone takes for granted, with some ads to not run at a hilarious loss
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# ? Feb 13, 2016 01:51 |
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ToxicSlurpee posted:To be honest that's kind of one thing that confuses me about some of the attitudes in software land. What's so wrong about having a little niche that you fill? Why does everything have to grow exponentially forever? http://idlewords.com/talks/web_design_first_100_years.htm This is my favorite talk about what the Internet could be. Scroll down to the "Cult of Growth" slide. It's exactly this question, and the world would be better if more people thought this way.
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# ? Feb 13, 2016 06:01 |
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Trevor Hale posted:http://idlewords.com/talks/web_design_first_100_years.htm This is a pro click, worth reading in its entirety.
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# ? Feb 13, 2016 06:37 |
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Absurd Alhazred posted:This is a pro click, worth reading in its entirety. Every idlewords presentation is great. This one is my favorite for the image of Barack Obama having to deal with men who are afraid of Clippy.
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# ? Feb 13, 2016 06:46 |
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Trevor Hale posted:http://idlewords.com/talks/web_design_first_100_years.htm Great article, and really relevant! Just today I saw an idiotic post that claimed that in 10 years we will get commonplace simultaneous translation. A stupid question but do CS majors not study physics or anything like that, because it's bizarre how willing they are to disregard real physical barriers Here's the reddit post by the way https://www.reddit.com/r/Futurology/comments/45dzq4/the_language_barrier_is_about_to_fall_within_10/ Edit: That subreddit is pretty much the cult of Elon Musk. ToxicAcne fucked around with this message at 06:59 on Feb 13, 2016 |
# ? Feb 13, 2016 06:51 |
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Trevor Hale posted:http://idlewords.com/talks/web_design_first_100_years.htm That was a drat fine article and actually hits on a lot of stuff I've been thinking about as well as things I've been bitching about. I was a CS major. Got the degree and everything. I really like technology but at the same time the practical side of me is scratching its head. Who gives a poo poo of a phone can have 500,000,000 apps? It's like having 250 cable channels. I'd watch maybe four of them. I rarely upgraded my cell phone and most certainly not every year like a ton of people. If it does what I need it to then what else do I need? It's my phone, my note pad, my scheduler, and not much else. I can Google search poo poo if I want to or find something to read if I'm in a situation like being on a train for a few hours and being bored. It serves its purpose and, like that article says, it's Good Enough. It does absolutely everything I need it to so it's unlikely I'll replace it until it breaks. I saw that attitude with computers a lot as well; I know people with computers that are 10-15 years old because gently caress it, the thing works. It gets on the internet, it sends e-mails, it types letters, it plays solitaire, and that's all the person wants it to do. ToxicAcne posted:Great article, and really relevant! Just today I saw an idiotic post that claimed that in 10 years we will get commonplace simultaneous translation. A stupid question but do CS majors not study physics or anything like that, because it's bizarre how willing they are to disregard real physical barriers No. They tend not to, actually. CS people generally get their science electives done in math. A few study physics but most of them take the basics at most. Which is why you get predictions like that; Moore's Law makes certain things make mathematical sense but not physical sense. It also has to do with problems relating to AI in general. Natural language processing is one of them and the difference between a digital brain and one made of meat is the other. A meat brain is more like gently caress loads of processors running in parallel, it turns out, and brains are capable of rewiring themselves. Computers are not. Whereas a computer has specific cores you can tell apart a meat brain's "cores" are not clearly separated.
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# ? Feb 13, 2016 07:15 |
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Absurd Alhazred posted:This is a pro click, worth reading in its entirety. His other articles are pretty great too.
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# ? Feb 13, 2016 07:17 |
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Absurd Alhazred posted:There needs to be a series about academia from the funny and dumb angle. Dunno but I think Andreesen said he really liked it.
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# ? Feb 13, 2016 07:36 |
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ToxicSlurpee posted:To be honest that's kind of one thing that confuses me about some of the attitudes in software land. What's so wrong about having a little niche that you fill? Why does everything have to grow exponentially forever? When you want to be as rich as Microsoft or Apple but don't want to deal with the top heavy bureaucracy that runs it or limited growth options, you get something much more horrible. ToxicAcne posted:Edit: That subreddit is pretty much the cult of Elon Musk. SpaceX and Tesla are the cult of Elon Musk. Engineers go there to work more, get paid less, and with some vague hope that they're accomplishing something.
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# ? Feb 13, 2016 07:54 |
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# ? May 3, 2024 02:41 |
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ToxicSlurpee posted:To be honest that's kind of one thing that confuses me about some of the attitudes in software land. What's so wrong about having a little niche that you fill? Why does everything have to grow exponentially forever? welcome to capitalism
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# ? Feb 13, 2016 08:05 |