Totally right. The art and science of translation is an age-old debate and where AI isn’t super well suited. We’re not at a point where it ends up more than a summary but the point is the proper “translation” of the tone, subtle intent and idiosyncrasies of the author. That said, most human translators take license (e.g. The Bible) and how do we counterweight against their flaws, so there’s not a great answer here.
Except I hope the guy works through it and does a good job cause the original is a bit of a slog!
I had a friend who worked there and we discussed potential solutions to this after the 2019 spike (I worked at a BNPL fintech and now at an insuretech). It was really a lot for a startup to do and no third parties would take on a program at that scale.
Technically this company was trying to fulfill the market need driven by the deregulation, and trying to provide lower cost solutions to the consumer, but they needed to build something to help with these spikes. They could have eventually I think, but just a tough business frankly!
I believe that discrimination narrative is largely based on test scores. Which are, and it took me decades to come around to this, fairly biased. Outcomes have been shown to be pretty equal regardless of relative experience (and comparable ability) pre-college.
And I’m less biased cause I’ve seen more and made pretty much every mistake a high test-score, arrogant white or Asian guy can make :).
I’m all for this (meaning bringing diverse co-investors into rounds). I’d add that as entrepreneurs we should add LP riders when doing rounds (where’s your money from?!).
Can’t say I know all these funds super well - they’re not big names outside of a couple - but helping diverse co-investors build track records is a good idea on a bunch of levels. It’s all friends and family anyway.
I will say that Greycroft is one of the few funds who I respect deeply in how they operate and don’t treat “diversity” as an add-on. They’re just a really smart group of people, that I’ve enjoyed every interaction with, that actually have a diverse set of experiences and interesting points of view And investment theses that scale across diverse sociopoltifla outcomes. Novel I know!
I see a few misguided comments here not worth responding too about “merit” and what not. I’ll deal with your anguish if you make a point of it, but please bring some original thought, non-anecdotal or not-bad research cause I feel like I’m reading a bad /r/* thread in the below.
Pro-tip: put something actually interesting about you personally on the resume. Literally the first thing I look at after scanning background and making an immediate decision. I think it’s literally the only thing to jar people out of their auto decision (especially with zoom interviews).
The one exception is take homes exercises - sometimes I’m surprised but still that doesn’t usually flip the bit
Definitely don’t joke about it - but people should be aware that poor performance or behavior won’t be tolerated. The best employees generally appreciate that meritocracy is taken seriously.
Along those lines, advice to new managers: you should let people go if there isn’t a good mutual fit.
How would you do that without including a variable that raises a flag with the regulators? There are ways to improve access to credit for marginalized classes but this is generally done by adding variables that are independent of those related to protected classes.
Why’s that frightening? Over the last 20 years they’ve disrupted a bunch of incumbents through better customer experience and ruthless execution. I think Amazon’s lack of clear moral position on key issues is concerning (and potentially frightening) and I’d actually argue that Wal-Mart has been much more clear on where they stand on things, but I’m curious if you simply think a company disrupting a major industry is scary beyond simply change happening “quickly”.
May be worth reading the Federalist papers. I’m doing so now and the Founders go into why they didn’t think direct democracy would work at any scale. Didn’t even really work at the city-state level in Greece.
I actually sort of thought this was the common POV for anyone within tech. Controlling google searches for your name, putting fake content on social media, etc. are obviously only way to create enough noise to direct algorithms to outcomes you’d prefer no?
I think this is way oversimplifying things. Hotels and apartments are zoned differently and regulated and managed differently. There are negative externalities in apartment buildings for AirBNB hosts that are paid for by their neighbors. Zoning is designed (often poorly!) to do this on a neighborhood level, but not at all to do so on a building by building or apartment by apartment level.
This is regulatory arbitrage for sure by AirBNB and hosts. The answer (theoretically) would be to more granularly undersrand the costs and benefits to all parties and redistribute appropriately. Unfortunately, neither the public or private sector is incentivized to solve this fairly - “competition” won’t solve it. Seems like a case where regulation would be the answer - it’s just unlikely any single city will solve it well, much less all of them.
Except I hope the guy works through it and does a good job cause the original is a bit of a slog!