Patrick Lynch

Passionate about building products and growing people. Proud 🇮🇪

[Patrick Lynch @ptbjl]

@c_k_lynch 40k likes! ❤️

[Patrick Lynch @ptbjl]

Wholeheartedly agree. Employees should benefit from company development and growth during their tenure and not be 'stopped out' by ESOP exercise clauses whose purpose can only be to take away what was rightfully earned. Costs company nothing to allow exercise for ≥10y.

[Marc Randolph @marcrandolph]

One of the worst “standard practices” for startups is requiring departing employees to exercise their options within 90 days of leaving - or lose them altogether. 

I know, I know - you want a tighter cap table. But it’s just cruel. 

It could be years before those options have value. 

They did their work to earn their options - why force them to put in money as well? 

Instead, let them keep vested options until the options expire - which is usually 10 years. 

It’s only fair.

[Patrick Lynch @ptbjl]

@theholisticnick Heal

[Patrick Lynch @ptbjl]

@EamonRyan @SquawkCNBC It would be more useful to remain ostensibly neutral and be a suitable mediator for peace. Perhaps the only country with sufficient US buy-in to do so. Separately, I don’t recall the question on neutrality being posed to the Irish public.

[Patrick Lynch @ptbjl]

@GrahamNeary Is this true? Seems that depositors receive PAR through a holding period of large negative returns across almost every asset class, including bonds (SVB’s problem) and equities. Company treasury isn’t paid to take market risk. What do you propose if not deposits?

[Patrick Lynch @ptbjl]

@Mick_O_Keeffe What are you actually proposing? That people / politicians who seek transition lower carbon energy sources are not allowed to consume any carbon-emitting energy? grounded until the electric plane?

[Patrick Lynch @ptbjl]

Prediction: Reddit will become the leading AI natural language search engine. Content already much better than google search for most answers which require experience or lack of censorship. The need to ensure google and openai don’t scrape their whole site!

[Patrick Lynch @ptbjl]

@BowtiedBum Send

[Patrick Lynch @ptbjl]

@JeffLonsdale Surely “market-like” doesn’t mean the US?
10x healthcare costs per capita with lowest life expectancy in OECD.
Zero accountability in the system: healthcare provides and insurers both want costs to rise and payment ties to provision rather than results.

[Patrick Lynch @ptbjl]

@declanganley There is no vision. No strategy. No explicit plan. Random, disjointed, incoherent.

[Patrick Lynch @ptbjl]

Knock-on, compounding flight delays are a killer! It’s also very confusing to me how the rebooking process works. Ostensibly it’s system based, but when “computer says no” you’re in the lap of the gods, or more accurately hoping the helpful airline rep’s calls can find a seat!

[Patrick Lynch @ptbjl]

Anyone else think "why can't I just jump out here" when flying over your ultimate destination on a long-haul journey with connecting flights?

[Patrick Lynch @ptbjl]

In the same way that social media (particularly FB) was blamed as the culprit for bullying or worse acts perpetrated by its users, now the AI is blamed for its political bias. These tools - mirrors & magnifying glasses - refract human behaviour. Perhaps this is too hard to admit?

[Patrick Lynch @ptbjl]

Outrage at bias in AI, typically aligned to political persuasion, is as stupid as it is disingenuous. As if there is some objective truth which AI (an inference model) should innately understand.

[Patrick Lynch @ptbjl]

@mandrusko1 @dhaber I wish you well but am highly skeptical.
1. Managing system liquidity is the role of central bank. Hard to do 10x better than them.
2. Banks have strong desire for net funding position to be opaque to avoid customer concerns
3. Take rate 25% (unlikely) on deposits is still <1%

[Patrick Lynch @ptbjl]

@elonmusk @visegrad24 Imagine seeing a bunch of these lads hopping off a boat after a couple weeks at sea. Bad times to follow 😂

[Patrick Lynch @ptbjl]

@OptimoPrincipi Which civilisation minted this coin?

[Patrick Lynch @ptbjl]

@Culture_Crit What is the approximate cost of building something like this today?

[Patrick Lynch @ptbjl]

@elonmusk @wholemars The founder of PR is Edward Bernays, the double nephew of Sigmund Freud…

[Patrick Lynch @ptbjl]

@OpendoorBull This is most likely their “delta one” business: buy stock and write total return swaps for clients who want to buy with leverage