Based on a key goal to enable the virtuous cycle "Meaningful content --> More engagement --> More $"
* Content health ("quality"): Keeps content creators on their game even up their game to generate more content, more personalized content, and perhaps more interesting content
* Content quantity (#): Makes all of us up our game and become better content creators
* Super personalization: Produce just the content on-demand that can get engagement. It's likely already happening
Core product growth
* A hedge in case they have content inventory challenges or AI is able to produce better content than creators
* FB/WA/IG? growth means targeting more and more local businesses with new services e.g. chatbot for SMBs
* Search: Chatbot/answerbot is a thing. Wean some Google Search traffic and keep it within their ecosystem
Company health and longevity
* AI-based automation and efficiency for great number of use cases
* It's great marketing, attracts talent, and enhances the brand
* Finally, as a tech company, cannot not invest meaningfully in the next great new tech trend
Interestingly right around this was posted here, I happened to talk to a colleague of mine from an adjacent team and I found out that he had worked at Sun. And he was raving about his time there and just how much he enjoyed working there (and money was not even mentioned).
I have come across a few places/companies which do great work and employees just LOVE(D) being there. Here are some on my list:
* Bell Labs
* Sun
* Microsoft
* Google
So, this begs the question: Which companies today (Sep 2023) are the Google's of the early 2000s?
FWIW, I went through all previous threads of this interview and there is no such discussion or mention of any company names.
Wow, what a find. And save. Very well deserved reward too.
Wondering (some of it aloud), how long was the vulnerability present in the code? Is it possible to know if someone was actually using this exploit to mint OETH's? How would a disconnect of this sort show up? Regular reconciliation (hourly, daily) or perhaps there are other methods.
The difference between 7% & 6% (1% fees) is in fact a LOT higher if one takes compounding into effect.
By Year 40:
* >$500K &
* ALMOST a quarter of the portfolio
When I was starting out, someone in my company's 401k forum mentioned this # (at that time the # was almost 40%, fees have gone down a lot since the early 2000's). And I am glad I paid attention.
I try and pass on this wisdom everytime I can. Now, you can too.
1. Product: It in the wide spectrum anywhere between savings account <-> lottery. In your mind, is it closer to one edge vs. other?
- Per my read and based on the rate (0.2%) offered, it is closer to the lottery end
2. Web page: "Savings + rate >15-100x banks + Win $10 mil" is what could be a turn off. Depending on the answer above, fix the headline
3. math on how this works: Show ONE public account with $ (say median of all accounts on Yotta or $100 for simplicity) that you would fund and track it in realtime with APY
4. FAQ: Could be more direct. Yes, one will need a Yotta account
5. FAQ: "3rd party “A” rated insurance carrier": May help you if you can reveal who on your website & theirs too
6. FAQ: In one answer, it say 15x and in another it say 20x (Chase or Wells Fargo)
7. 7 digits = 10 ^ 7 #s: if one can get 1000 users with $250K each, is the $10 mil guaranteed? :)
* "Amazon, Google, and Microsoft each spent more on CAPEX in 2017 than Oracle has in its entire history."
* "That red line you may mistake for the x-axis is Oracle’s CAPEX spending"
* "Maybe they are reconciled to sitting at the children’s table of cloud, but the problem for both IBM and Oracle is cloud is eating their existing businesses.
It has eaten the server business and now starting to feast in earnest on software infrastructure, including the database, which is the profitable heart of these companies."
* "Both companies have acquired a number of SaaS applications, which will bolster their sense of self-worth and belonging in the cloud, but there is little to no platform leverage associated with these apps (and platform leverage = profits!!!)."
* "Watson which is in serious contention to be the biggest “overpromise and underdeliver” in tech industry history, now blockchain as they try to save humanity from our looming existential tomato provenance crisis"
* "And their (IBM’s) customer problem is who their customers are at this point: the disrupted. You may not get fired for buying IBM, as the old saying goes, but it is increasingly likely your employer will go out of business if you’re in an industry where technology matters."
Curious. Hungry. Foolish. Slope-high. Act. Give. Day 1. Uncomfortable-r.