Viewing profile — LA_Banker

Yes, OP seems to think the blockchain somehow solves the (extremely subjective) issue of valuation , as opposed to simply "did this transaction occur between counterparties?

The automated clearing house system, our current means of settling payments, is pretty secure. The bigger threats are someone getting ahold of your credit card or checking account …

Precisely.

No. I support the blockchain and think it will be revolutionary. However, Enron's issues weren't attributable to some discrepancy between credits and debits. Accounting, surprising…

Which only further demonstrates the gap between a 4-yr Comp Sci degree and software development. Which, don't get me wrong, I'm a university snob and think software engineers shoul…

University CS courses tend to be heavy on varyingly useful theory, light on practical knowledge. Which, fine, that's like most university degrees even in the most vocational of fie…

I'm ceaselessly amused by the folks fearing Amazon Echos or Google Homes as though they're constantly listening microphones sent to the NSA. As though we don't already carry device…

This is interesting because while Apple's (comparative) dedication to privacy is endearing, it's a long-term existential threat. Google knows all about me and its assistant is, usu…

I'm presupposing the contact card has their job position/title, and therefore still answers the question – also presupposing the original (odd) premise of wondering who someone alr…

I don't see it as humblebragging (any of us could create a Cook contact / ReCode readers likely know Walt Mossberg's relationship to Apple) but, worse, a faulty premise. Odds are, …

a16z is getting punished (at least, in the article) for marking their paper gains more conservatively than other funds. Their LPs are likely smart enough to realize this.

I mentioned this to someone else who made the same point (albeit with the ACLU instead of the EFF): Hm, that's an interesting point that I'll have to noodle over. Thanks for pointi…

Hm, that's an interesting point that I'll have to noodle over. Thanks for pointing it out.

I'm not defending Gawker; I'm saying there's a better way to have this debate. We don’t have to accept or excuse Gawker’s worst stories to protest Thiel’s dangerous playbook for at…

I don't think one needs to necessarily choose a side. I'm of the opinion that what Gawker did is wrong, but surreptitiously funding lawsuits to bankrupt the company is a perversion…

My mistake, I misread. I edited my post to address this.

You defend VA downthread while only decrying Gawker as being unethical. One takes photos of girls without their consent/knowledge while the other blurs the line of good journalisti…

There's a certain, perverse form of cognitive dissonance in thinking what Gawker did to Hogan was wrong, but ViolentAcrez and his posting of creepshots of underage girls was someho…

>and in fact was illegal for a long time Yeah, no. NYTimes v. Sullivan determined that public figures sacrifice a good deal of their privacy when they when they enter the public sp…

An LBO of a home is called "getting a mortgage." And yet, one's car or home isn't exactly a share-issuing company. You can form a company to own it – but that's not private equity.…

One doesn't exactly "start [their] own private equity firm." Tens of (more often: hundreds of) millions of dollars must be raised and even then, they must bid (or acquire by other …

>At least they will do everything possible to maximize profits. Yes, sometimes this involves slower ambulances or slow internet. This is especially the case when there is no/few al…

>However, conflating private equity with wall st., and making a distinction between how firms under private equity ownership behave vs. public equity or closely held (no financial …

>Fair enough. But since when was the DNC officially a part of the US Federal Government? U.S. Law (U.S. Code or "U.S.C.") doesn't just cover the government. It covers, well, the U.…

>Everybody that has spent more than 3 hours on the internet already knows that everyone is out there to get you. Yes, just like every adult knows thieves are out there to get to yo…