I was hell banned on HN for mentioning it so this will be my last post, but think about royalties. Do you get any of the things you build?
Or if you left your job, would you be legally required to delete all your work and have to pay tax money on an illiquid second-class asset that only has a percentage chance of payout(the startup scam).
As for HN, I love engineers and have been on HN for over a decade, but this site is the same as startups and ycombinator in general. Built for VCs to extract value out of engineers and the public.
Since there was no criminal misconduct, everyone realized their mistakes, admitted them, and changed things to prevent further mistakes. I'm not sure you could ask for more from humans.
So ya, I'll give him a pass on this one. It's not a blanket statement that visionaries should be able to harass people. That's not the argument I'm making.
Hey let's all judge each other in the worst possible light by the worst possible allegations.
TPW was a visionary that started a company which revolutionized software development. Maybe some of you weren't around back then, but as a git early adopter github was a god send. And it was written by one of us. A developer who built an open source time library. A man who turned down 300k at a time where that salary was top 1%(still is, I believe).
But feel free to publicly denounce someone based on hearsay. Or you can start on the road of balanced thought and stop filling your head up with propaganda.
> I can only speak to the US but this is much more an insurance issue than a wealth issue. When I made $30k a year I had a ~$75k surgery and it cost me about $1200 all in, including follow-up copays with the surgeon, because I had good insurance through my employer. I probably had $15k in credit card debt at the time and rented a $400/mo room in someone else's house - certainly not rich by any stretch.
This isn't rich. Rich is the ability to direct people to research life extension and disease prevention. It's to be able to have access to the newest techniques and best doctor, regardless of world location.
It's the ability to have a sick child with 24/7 doctors and only worry about the child.
Rich is the ability to buy an island and create a clone army of yourself, using that army to construct the largest ai supercomputer the world has ever seen, then solving aging and disease ultimately merging with the machine, redefining and extending what it means to be human.
Don't listen to risk-averse engineers. You are young, invest in high risk things you believe in. Make it an active investment if you can.
Recognize who is giving you boring advice(index funds), look at the risk levels in their life, and then disregard them if they don't take chances on anything.
At a young age your risky investment % should be at it's highest. The exact amount will depend on your appetite.
It's bigger than that. It's about disenfranchisement of the people. Less than 2% of accredited investors are black, less than 5% women. Capitalism in tech can be thought of as voting for the future with your money.
The JOBS act is like saying blacks and women can vote, but only on 10% of issues and their votes aren't counted as heavily.
Right now there's the biggest disenfranchisement of our lives and most people don't even see it. It's selling the future out from under the public, and not even giving them a chance to buy in. It's racist and sexist to start off with, then it gets worse as you look. And it's completely state sponsored through authoritarian laws built for 'protection'.
California is jealous at the EU's expansion of power.
Politicians(even in CA) don't care about privacy or people. Otherwise California wouldn't have the worst homeless problem in history. They care about expanding their power and reach.
"One of the initiative's biggest backers is Alastair Mactaggart, a San Francisco real estate developer"
SF real estate developer. You couldn't make this up.
"This Regulation does not apply to issues of protection of fundamental rights and freedoms or the free flow of
personal data related to activities which fall outside the scope of Union law, such as activities concerning national
security. This Regulation does not apply to the processing of personal data by the Member States when carrying
out activities in relation to the common foreign and security policy of the Union. "
I understand the confusion, as finding this involves reading the 88 pages you are defending.
Sure. QE is buying stock with printed money, inflating stock prices. People with lots of stocks get inflated value. When the inflated value leaves the stock market, it has an effect of deflating the value of the USD. It's a slow inflationary method of distributing public funds to the rich in the stock market, while creating market manipulation tools to coerce stock-driven companies into essentially being proxy government entities, since a large percentage of their value can be decided with 'monetary policy'(leading to things like google's pentagon drone ai collaboration).
I also believe SV companies are lining up to IPO because of this blank check.
Or if you left your job, would you be legally required to delete all your work and have to pay tax money on an illiquid second-class asset that only has a percentage chance of payout(the startup scam).
As for HN, I love engineers and have been on HN for over a decade, but this site is the same as startups and ycombinator in general. Built for VCs to extract value out of engineers and the public.