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Julie Rubicon

facebook.com

11–20 of 139 posts

Re: Julie Rubicon

#11

Usually I read comments on HN before the article, but there were no comments when I saw the link, so I went straight to reading it. What a bizarre piece. How long did it take everyone else to realize it was fiction? For me, I did not realize until the very end -- and even then I still wasn't sure. It could just as well have been written by some delusional non-technical employee at Facebook.

[deleted]

Re: Julie Rubicon

#12
post #9

Very entertaining! How did no one realize this was fake by the first graph? Does xkcd design the graphs for fb premium partners?

The aesthetics of the chart are pretty standard for a 2D Stacked Area chart.

The only "mistake" is that the CONFIDENTIAL watermark is a lower z-order than the chart, which defeats the purpose of the "watermark."

Re: Julie Rubicon

#13
Was I the only one, whos first impression was, that facebook was somehow involved in insider trading. And that for some reason they were brave enough to also use this information for load balancing...

Re: Julie Rubicon

#14
post #9

Very entertaining! How did no one realize this was fake by the first graph? Does xkcd design the graphs for fb premium partners?

The aesthetics of the chart are pretty standard for a 2D Stacked Area chart. The only "mistake" is that the CONFIDENTIAL watermark is a lower z-order than the chart, which defeats the purpose of the "watermark."

We circulate internal drafts like that all the time. The purpose of the "Confidential" or "Draft" marking isn't to be in front of the data, it's to clearly indicate to anyone internally who has a copy that it shouldn't be released.

Re: Julie Rubicon

#15
Fiction or not, this is similar to an actual story of (ex)-fraud researchers at Capital One[1], who (ab)used their access to credit card transaction data in order to infer whether target companies' quarterly earnings would be below/above expectations, and then traded on that knowledge.

However, in the actual story, there was no "black box" to query, the ex-employees wrote all the complicated queries themselves.

EDIT: They turned ~$150K into ~$2.8 MM USD over about three years, before being caught, mostly through options trades it seems.

1. http://www.bloombergview.com/articles/2015-01-23/capital-one...

Re: Julie Rubicon

#19
post #9

Very entertaining! How did no one realize this was fake by the first graph? Does xkcd design the graphs for fb premium partners?

The aesthetics of the chart are pretty standard for a 2D Stacked Area chart. The only "mistake" is that the CONFIDENTIAL watermark is a lower z-order than the chart, which defeats the purpose of the "watermark."

[deleted]

Re: Julie Rubicon

#20

Usually I read comments on HN before the article, but there were no comments when I saw the link, so I went straight to reading it. What a bizarre piece. How long did it take everyone else to realize it was fiction? For me, I did not realize until the very end -- and even then I still wasn't sure. It could just as well have been written by some delusional non-technical employee at Facebook.

I started to wonder if it was real around the point that it theorized without explanation the predictive powers of the in house tool and I was pretty convinced it was fiction about the point where they were going to start a company within a company using bitcoin. Using Facebook internal data to trade in ways no one can match isn't far fetched. Makes me wonder if Facebook should pivot to be a hedge fund based on signa…

Given that the posts can be from folks that work in the company Facebook would be trading stocks for, that would count as insider trading.
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