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Alibaba acquires Berlin-based data Artisans for $103M

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Re: Alibaba acquires Berlin-based data Artisans for $103M

#71
post #36

Earlier quoted context omitted.

I'd rather live in Germany than Spain.

Once you are financially secure, living in Germany makes no sense. Shitty weather, the insane apartment situation in any major city, shitty services(any company with Deutsche in front - Deutsche Bahn, Deutsche Bank, Deutsche Telekom, Deutsche Wohnen), the beurocratic burden in your day to day live - everything takes forever to get done here. Spain is not perfect, but oh my god is Germany overrated

> Deutsche Wohnen

lol, as a person who is forced to rent in Berlin, what should one be beware of while dealing with them?

Re: Alibaba acquires Berlin-based data Artisans for $103M

#72

Earlier quoted context omitted.

It's after tax. I earn 2.5k after tax.

That seems pretty low to me. Can you buy a house in Berlin with that income? It's almost what a dev makes in Romania and there you can buy a decent house with that income.

In the Netherlands that would be fairly normal too. Comes out to around €4000 per month pre-tax, or €56000 (12m + 2m bonus) per year.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#73
post #33
post #22

Earlier quoted context omitted.

EU capital markets are underdeveloped compared to those in the US. European banks are too small, and mostly national. More importantly, the marketplaces are too small and too national. European stock exchanges are a joke compared to NASDAQ and NYSE. There's also the small detail of pension funds generally being forbidden from investing in stocks. That's the money that's fuelling SV, if my impression is correct. This…

None of this seems correct. Europe has more than a few multi-national, global banks. Also, my own pension is invested in the stock market. That's the norm for employer-provided pensions.

This article from The Economist touches on this topic.

“Banks cannot use deposits in one country to lend in another, because national regulators do not want to be on the hook for loans to improvident foreigners. An eu-wide deposit-guarantee scheme would allay that fear, but has yet to be agreed.”

https://www.economist.com/briefing/2019/01/05/the-euro-enter...

Re: Alibaba acquires Berlin-based data Artisans for $103M

#74
post #62

Earlier quoted context omitted.

Once you are financially secure, living in Germany makes no sense. Shitty weather, the insane apartment situation in any major city, shitty services(any company with Deutsche in front - Deutsche Bahn, Deutsche Bank, Deutsche Telekom, Deutsche Wohnen), the beurocratic burden in your day to day live - everything takes forever to get done here. Spain is not perfect, but oh my god is Germany overrated

> Once you are financially secure, living in Germany makes no sense. How so? > Shitty weather To me, constant heat and sunshine is shitty weather. I prefer a temperate/boreal climate. I find it far more pleasant. > the insane apartment situation in any major city So just like every other major city currently. > shitty services They are going to have to be extraordinarily shitty to be worse than what I have already in…

[deleted]

Re: Alibaba acquires Berlin-based data Artisans for $103M

#75
post #62

Earlier quoted context omitted.

Once you are financially secure, living in Germany makes no sense. Shitty weather, the insane apartment situation in any major city, shitty services(any company with Deutsche in front - Deutsche Bahn, Deutsche Bank, Deutsche Telekom, Deutsche Wohnen), the beurocratic burden in your day to day live - everything takes forever to get done here. Spain is not perfect, but oh my god is Germany overrated

> Once you are financially secure, living in Germany makes no sense. How so? > Shitty weather To me, constant heat and sunshine is shitty weather. I prefer a temperate/boreal climate. I find it far more pleasant. > the insane apartment situation in any major city So just like every other major city currently. > shitty services They are going to have to be extraordinarily shitty to be worse than what I have already in…

What do you dislike so much about Spain?

Re: Alibaba acquires Berlin-based data Artisans for $103M

#76
post #54
post #47

Earlier quoted context omitted.

> You're framing this as if it's the EU's job. It isn't. Then what is EU Horizon 2020 for? https://ec.europa.eu/programmes/horizon2020/what-horizon-202...

An attempt. But the EU budget is much, much smaller than the US federal budget: EU: $150 billion for 2014 US: $3000 billion for 2014 And the barriers between national markets in the EU are much steeper than the ones between state markets in the US.

150 billion i still a good amount of money. The problem with EU funding is in the objectives:

- Vaguely defined, so they open a lot of room for lobbying and corruption

- It is hard to align them to a startup agenda and the administrative overhead is often prohibitive

I wish it was more like a venture fund, but one that doesn't take equity.

Just my two cents.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#77

Why did they make this acquisition? It looks like data Artisans provides tools for managing Apache Fink deployments. Is it more than that?

It's an aqui-hire, i guess. Not great for Data Artisans customers. Alibaba are flexing their muscles. Google have their own data platform. We want to show we have our own too - they see it as competitive advantage. Alibaba are not an enterprise software company, like Data Artisans were.

The announcement clearly says that there is the same commitment to customers as before.

https://www.da-platform.com/blog/data-artisans-alibaba-new-c...

Re: Alibaba acquires Berlin-based data Artisans for $103M

#78
post #75
post #62

Earlier quoted context omitted.

> Once you are financially secure, living in Germany makes no sense. How so? > Shitty weather To me, constant heat and sunshine is shitty weather. I prefer a temperate/boreal climate. I find it far more pleasant. > the insane apartment situation in any major city So just like every other major city currently. > shitty services They are going to have to be extraordinarily shitty to be worse than what I have already in…

What do you dislike so much about Spain?

Alvaro stole his girlfriend and now posts their selfies on Instagram.

Re: Alibaba acquires Berlin-based data Artisans for $103M

#79

Great product. It should have happened last week, then we truly could have said that all Enterprise Apache Open Software products died of the AWS plague in 2018: Hadoop is gone with Cloudera/Hortonworks merging, Kafka with Confluent's new license covering their ecosystem of tooling. Databricks now have their own Spark runtime, which will get more TLC than Apache Spark. On top of Apache, Mongo, Neo4J, Redis Labs aband…

Sorry, but that is not correct.

We clearly say in all announcements that this is about doubling down on open source. In contrast to all current the efforts everywhere that restrict open use, we plan to do even more work openly.

This is best thing that could have happened to any open source project. And to any founder whose heart beats for technology and open source...

Re: Alibaba acquires Berlin-based data Artisans for $103M

#80
post #76
post #54

Earlier quoted context omitted.

An attempt. But the EU budget is much, much smaller than the US federal budget: EU: $150 billion for 2014 US: $3000 billion for 2014 And the barriers between national markets in the EU are much steeper than the ones between state markets in the US.

150 billion i still a good amount of money. The problem with EU funding is in the objectives: - Vaguely defined, so they open a lot of room for lobbying and corruption - It is hard to align them to a startup agenda and the administrative overhead is often prohibitive I wish it was more like a venture fund, but one that doesn't take equity. Just my two cents.

And it is a legal liability as you can quickly get investigated for misspending the funds.
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