Viewing profile — wsetchell

https://businessquant.com/intuit-revenue-breakdown-by-segmen... https://investors.intuit.com/news/news-details/2022/Intuit-R...

The vast majority of Intuit's revenue comes from products for small businesses (e.g. Quickbooks).

It'd also be really interesting to a similar view on cost per square foot. The US is probably expensive from high labour + land costs, but it might more even expensive than those w…

I wonder if there's a way to factor in planning time needed. My perception is that the US requires years of (e.g. environmental) reviews before construction can begin which countri…

TSMC has a great business today, but world governments are dumping around a few hundred billion dollars in subsidies towards local TSMC competitors (e.g. ~$25B-$75B from the CHIPS …

What is this fraternal order and how did you find it?

Average life expectancy is down. Life expectancy for rich people is up, so non-rich life expectancy is dropping faster than the average.

Conquistador: Hernan Cortes by Levy - How Cortes conquered the Aztecs with 400 men and 16 horses. Judgement in Managerial Decision Making by Bazerman - Things which bias your think…

I would think of this like a normal customer development / lean startup problem. Is there anyone other than your company using this API? If not, it might make sense to find a singl…

Increased signal (e.g. more or different data) is one of the many levers to increase ad value. Without changing signals you can still make meaningful long term progress through ran…

I wonder how they're thinking about this versus the steady march of solar + battery performance. I would think that in the 5-10 years it'll take to get this safe enough for a comme…

The article does not point out how the system can go astray. Design docs are great when they can in 1-2 pages describe a how an important/large/complex system will work and the tra…

To justify spending that money, they'd have to think they'd get better returns on their R&D than shareholders could get elsewhere (e.g. by just buying the S&P 500). It is quite dif…

I don't get people's aversion to stock buybacks. If a company has money it cannot productively spend, it should return that money to shareholders. Stock buybacks are a tax efficien…

That packaging looks incredibly expensive. Even if the other components/service was free, that alone would make this price uncompetitive. That makes me think this is a long long wa…

For the most part, the standard strategy still works fine; spend less than you earn, keep an emergency fund, invest in low-fee stock/bond funds like the ones recommended here https…

I don't think deflation is the natural state of things. Even before fiat currency the money supply grew (e.g. gold mines) and we had inflation. Productivity growth is normal-ish, b…

Waymo has the best technology in self driving. They have not deployed their tech at scale, when competitors (Tesla) has widely deployed worse technology. Even if they deploy their …

Google takes large long-term bets that are closely related to their core business / competency. Some of those seem to be clearly working (see Cloud, Deepmind). As a shareholder, I …

Overall revenue going up 20% YoY is amazing. The other bets going up 20% YoY is disappointing.

It is interesting to see the low revenue, slow revenue growth (~20% YoY), and quickly growing expenses from "Other Bets". If the Alphabet model made sense, I'd expect to see a comp…

Yeah I was there during that time too. Chasing down launchcal bits was really expensive.

Requiring every product team to go through a central human rights review seems like a bad idea. Not only would it be expensive (new overhead for lots of product teams), it would be…

I think it might actually be the opposite. Anecdata: - - >50% of my friends in "serious" relationships met offline.

I googled this too. The second definition fits better here 'reduced in force, effect, or physical thickness.'