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Viewing profile — psswrd12345

psswrd12345

HN member
Joined
Fri, Apr 17, 2020, 10:18 PM UTC
HN karma
38
Public activity
28 items

About psswrd12345

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Recent public activity

  1. comment
    Comment #38757584

    > "If there's something so fundamentally wrong with him, why does he have such broad support?" Stock options and a carefully built cult of personality, my friend

  2. comment
    Comment #38757490

    Altman is a classic sociopath, tread carefully.

  3. comment
    Comment #38313940

    "But Altman would be a good source." No he wouldn't. This is the definition of a biased source. I am sure he would provide a totally unbiased view of why his own Board found it nec…

  4. comment
  5. comment
    Comment #38313842

    "Firing Sam is absolutely one of the dumbest things a BOD has ever done in history." You sure about that? This take is going to age like milk once facts come out.

  6. comment
    Comment #38313808

    Kara is an access journalist who has been holding Altman up as the "next Jobs" for a while now. She has no credibility as anything other than an opinionated "journalist" and it wou…

  7. comment
    Comment #34605045

    This thread is about SNAP's financial results, and SNAP's valuation has long been dependent on future growth prospects. Ranking within the top 20 is not a good sign to that end, es…

  8. comment
    Comment #34605010

    This. SNAP has been a publicly traded company for 6 years, one cannot just ignore and hand wave away this expense, especially given how much growth prospects have deteriorated.

  9. comment
    Comment #34604951

    There are even fewer than can have that many and yet still lose $1.5B.

  10. comment
    Comment #34604549

    Ranking top 20 of free apps in US is hardly a barometer of future potential of a company that has never exhibited an ability to return steady profit to shareholders, and hardly bod…

  11. comment
    Comment #34604520

    Is there anything funnier than money incinerating "tech" companies' non-GAAP EBITDA? "Hey, sure we may have lost $1.5B, but look if we ignore over $1.3B of stock based compensation…

  12. comment
    Comment #30962299

    Fintechs are just neo banks, but with far worse customer service, far less supervision, and tech company valuations. BNPL companies are especially in for a reckoning as sanity slow…

  13. comment
    Comment #30237864

    It was named after Margaret Hamilton, not Alexander

  14. comment
    Comment #27580944

    Sad state of affairs with bitcoiners pretending to care about El Salvadorans - a country most did not know existed a month ago and could still not point out on a map - in an increa…

  15. comment
    Comment #27580920

    Ethereum isn't a currency

  16. comment
    Comment #27039233

    Might not be "necessary", but sure as heck makes all that a lot easier. Sure, one could design their own system that accomplishes all of those features, but why if there's an exist…

  17. comment
    Comment #27039193

    Today, Ethereum uses about 1/6 energy consumption of bitcoin, while providing much more utility. But will change later this year as it transitions to proof-of-stake, at which point…

  18. comment
    Comment #27039104

    Verifiable donations, fully transparent reporting/auditing, no restrictions on who can donate, NFTs tied to donations that can be used for virtue signaling online, etc.

  19. comment
    Comment #27039065

    This + the NFTs will make for truly excellent virtue signaling.

  20. comment
    Comment #27039047

    Amazing how short sighted HN is when it comes to NFTs. Blindly accepting the "bad for climate" tripe and showing utter ignorance to the upcoming transition away from energy guzzlin…

  21. comment
    Comment #25944949

    100% this, very eloquently said

  22. comment
    Comment #25915575

    Never make the mistake of confusing luck for genius.

  23. comment
    Comment #24584625

    >Another possibility is that you have a high risk tolerance as well as an uncommon knack for this sort of thing that most people don’t have. Ding ding. Which is why returns won't l…

  24. comment
    Comment #22903684

    And the apps that offer deliver do so at a loss. The economics do not work so long as people need to get paid. You do not _need_ to use delivery services to pick up fro trendy rest…

  25. comment
    Comment #22903638

    I do not have access to "restaurant books", but I do visit many in my area and I make a point to speak with both the restaurant folks handling take out orders and the loitering ind…