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This reads like a Speaker for the Dead moment (from Ender’s Game): neither eulogy nor denunciation, but an honest accounting. Acknowledging the real impact without excusing the rea…

A couple different ways to answer that question. For portcos, you'll definitely see the focus on costs. That means restructuring/layoffs, contraction from non-key markets, and redu…

This is neither prescient nor particularly insightful. Private equity metrics have been down for a while: fundraising down 20% since 2022, distributions down 11%, deal value and co…

I'm at the tail end of two of these, of ~10 in my career. They are always tough, always a bit of chaos, and all different. Planning is important, and avoid committing to targets or…

We've gone through a round of layoffs, and I've been thinking about the same thing. It's not that it's too easy —it's that it's too impactful . The real answer is social safety net…

This post sent me down a rabbit hole on entomology. In short: words change meaning. Addition as a term includes a history of positive definition in the 17th century of "devoting on…

> Did they? Or did Adobe just stop offering #1, forcing customers into #2 whether they like it or not? I'm recalling that they did run both models in parallel, but couldn't find a …

People tend to want to best of both worlds. They want to "own their software" (i.e., pay once, use forever) but they also want the benefits of SaaS: low up-front investment, cloud …

Not an artist, but seems like a neat idea. Killer marketing function: when I clicked through, I was immediately looking for a live example. You've got the carousel of screenshots, …

Or perhaps: are there good web games anymore? Whether it's consumer trends or technical accessibility, it seems to be more of a "wasteland" than it was 10 years ago. [ Old man shak…

Exactly. These cost comparisons are way off. For those new to the boating world, a slip is just a space to park your boat on a dock. You would then need to, k'know, have a boat to …

That "drop out" concept just seems entirely wrong. Not only because its erroneously constricting the applicant pool, but because it strongly biases the earlier roles in the queue. …

A lot of this resonated with me as well: I'm FT remote in an organization that is a) increasingly pushing in-person collaboration and return-to-office and b) headquartered halfway …

My point in all this is that the FDIC's actions to guarantee the deposits did not benefit bank management . They may have "made out like bandits" in taking advantage of equity hold…

Sure, though in all fairness, I understand it's standard GAAP accounting for all banks, and your balance sheet has to have a footnote explaining the market value as well. I.e., thi…

I guess my point is that they still got hit by the steamroller : they lost their jobs and future earnings, they lost any equity (which certainly was part of aforementioned bonus), …

No, and that's the point. I understand that banks mark long-term bonds as hold-to-maturity (and only then can list them at par on their balance sheet). But they actually have to ho…

Ah, likely. Though it doesn't seem like there's any evidence yet on insider trading or execs fully cashing out. They got lucky liquidating some single-digit % of their holdings, bu…

I'm unclear how SVB management "made out like bandits". I assume they had a couple good years of nice salaries and bonuses, but now their equity is zero'd and they're out of a job.…

It is far too early to publish these kinds of articles. It will take months if not years to untangle "what happened" and do a true retrospective. This is little more than a poor su…

Well now you're talking about technical delivery! Not withstanding the advancement on 4K content, VCRs, RCA antennas, remote controls, etc. Heck, for a while I could rent new relea…

I feel like I'm missing something: how does this approach speed up calls? You're still going to want some period of time between the last bid and the "sold" call. (Time often consu…