Viewing profile — tslathrow

I continued to be impressed with Sam's clarity. Keep it up! Sidenote: interesting to see that YC has a BBerg terminal (and careful with the RMB claim in the near-term)

Fido is a great shop and 100K is relatively cheap for that important of a lesson... and of course we shouldn't ask too many what-ifs.

GMO is the laughingstock of the HF community... trying to make a name for themselves with a permabear outlook. Their index and commodity projections are truly hilarious and they've…

2006 But seriously, why are you limiting yourself to PHP and jQuery? JQuery especially - really odd considering you could easily work with any framework if you have the JS backgrou…

Well I have a lot of experience with 16 hour/day work weeks (have worked at banks most of my life). Yeah, you're right, it's not fun. It really comes down to the time-sensitivity o…

You guys should organize. YC Founders Union. Obviously shortened to YCFU.

Unrelated: Don't go to UChicago if you want to study CS. The department isn't built out. Consider UPenn SEAS or Columbia Fu for a similar tier CS program. It's really excellent for…

I will never forget OS 1... I still have nightmares

I completely agree. It was more that I ended up going into finance, so GPA became a sticking point. It all turned out okay - I just wonder whether Columbia could make CS less bruta…

I did an undergrad in CS (Columbia) - in retrospect I should only have minored in CS. I'm not sure it's worth the workload! You will have _no_ free time and get reamed in GPA Very …

I can guarantee that they will lose to Interactive Brokers on price. IB has structural cost advantages in internal matching and zero customer service (possible given the more advan…

Congrats Garry!

Just FYI ritholtz is a complete fake... tried to build a brand out of working as a strategist at a bombed out bank. Not saying that his articles are invalid, just that he is a seri…

I was curious because I recently finished my two analyst years in ibd (@ a bb), but switched into PE instead of a startup, which I was considering. Always interesting to hear the o…

Why'd you leave IBD/VC?

Not a big fan of capital structure above common for early-stage investing. Too much possibility of fucking over the common. Why not bundle a non-expiring warrant with convertible p…

I was more wondering about working capital management RE: cash flow. I was originally an IB analyst @ BB. The series 7/63 issue only applies if you don't leave the usual "forward l…

Part of the reason this is not a good business is you can't amortize advertising. ie no SG&A leverage going forward. unlikely to see decreasing marginal cost why not post cash flow…

I did undergrad CS & OR at Columbia before going into banking... it really depends on what you're interested in And it also depends on just how far you go in finance - IBD at a bul…

haha I can appreciate that

Half-day trip on san pedro in college... good times

Unrelated, but have you ever tried mescaline via san pedro? One of the good legal psychedelics if you're thinking about shrooms.

I will never understand why Silk Road is easier than just hitting up your dealer

What does that even mean? I highly doubt that any form of Ruby is faster than WSGI PyPy.

Very often there was a crunch time around getting a deal done. Could be an IPO, restructuring etc That means lots of modeling and dicking around with slide decks RE lunch: I took f…