Viewing profile — coastermug

Is Liquid Glass not just a means to slowly force old phones to be obsolete? - My iPhone 11 is fairly slow now and they’ve probably bought forward my next phone purchase by a year

I’ve not got the context on why Brazil was chosen here (paywall) - but I coincidentally read a story on here of Richard Feynman visiting Brazil whereby he assessed their teaching a…

People need examples of success in their network. Most people have frankly never met or heard of anyone who founded a successful startup- and therefore would never think of taking …

I am a former Mech Eng who trod this path. Started at JLR, moved by self teaching into software. Engineering in the UK felt like it moved at a glacial pace that only made sense in …

Klarna use a huge dark pattern on their payment processing (irrelevant of bnpl), whereby they store your details for future use by default, even without an account. Last time I che…

My local library inherited the staff from other libraries that closed well over ten years ago. This means they have a constant staff of circa 5 people, meanwhile they do no real ou…

I’ve noticed the risk appetite of investors in the Uk is much worse. They want a much larger slice of the pie early on, so there’s much less incentive to do a risky startup, rather…

AWS textract now has the functionality to offer a table cell based on a query - if I’m not mistaken. I’ve seen nothing similar to this and would be very interested if there are oth…

Given a quick read, I enjoy it and see why it is different. I can’t get on with Medium because of their login process, and HN is great but I just doom scroll comments and don’t rea…

Are you able to share that research thesis? Or any key papers on how this should be done? Knowing SOTA on these approaches is always nice.

Genuinely interested here, who are you referring to as ‘feral’? I see a lot of very well educated non-feral people in the UK struggling to make good wages and a ‘proper’ standard o…

My employer is now struggling to outsource our jobs to Europe because the prices are too high. I try not to think about it too much, but a move to Ireland looks enticing.

Who needs shelter when it’s so warm outside?

I believe this to be the case also. In the UK we have lots of cases cropping up of PE being the bad guys, but the current owners being to blame for buying these companies in unstab…

Magnesium is harder to machine. The chips produced can be highly flammable.

Thank you, this is a balanced and detailed response. I don’t personally “buy” the narrative that all LBOs are destructive. After all there are entire funds devoted to LBOs and how …

What I want to know, is how do the banks keep lending to PE outfits? They are surely the losers in this situation?

Leveraged buyouts. I’ve seen them explained like a mortgage, except that doesn’t work in my head either.

I’ve pushed back on previous discussions on here about PE because of lack of detail about wrong doings, however this article is excellent. “dividend recapitalization” seems absolut…

I could see it being useful in helping people in these situations. Teaching someone to have control, as opposed to “unlearning” their helplessness (which presumably if default, can…

UK vs USA. You’re not wrong at all though. It’s also very interesting the lack of salary transparency that exists in the Uk. If you don’t poke your head around London, you can be b…

Bartenders do not earn £50k in the UK. £50k is considered an above average wage, albeit PHDs can earn far more working elsewhere.

It looks like they recognise this failure “ In 2023 that purpose remains unchanged, but we are reassessing our founding assumptions and setting a course for the next five years”. Q…

Perhaps we could stop (in the UK) subsidising the loss of jobs via AI through R&D tax credits. Government funding to eliminate the tax base…

So this is why I ask about profitability -at the portfolio level-. In your and the article’s example, the PE manager turns a profit not because he screws the business, but because …