Had a Jane Street interview in 2013 that still bothers me.
It was my 6th round. Final interview. The guy walks in carrying no laptop, no notebook, just a cold brew and what I later realized was a single IKEA tea candle.
He writes on the whiteboard:
food: $200
rent: $800
utilities: $150
candles: $3,600
family: dying
Then he turns around and says, “Optimize.”
I laughed because I thought it was a culture-fit bit. He did not laugh.
So I said, “Well, obviously you spend less on candles.”
He says, “Assume candles are non-discretionary.”
Okay.
I start building a model. Basic constraint satisfaction. Family survival as a soft penalty. Candles as a state variable. Maybe there’s an arbitrage where you buy wholesale paraffin and convert the $3,600 line item into inventory.
He stops me.
“You’re thinking like a consultant.”
That’s when I knew I was in trouble.
He says, “Give me a bid-ask on family dying.”
I say, “What?”
He says, “You’re long candles, short family. Where do you make markets?”
I try to recover. I say the real issue is liquidity: rent and utilities are fixed, food is elastic, candles are emotionally inelastic. Therefore the optimal strategy is to securitize future candle enjoyment and borrow against it.
He nods for the first time.
Then he asks, “What time do you sell the candles?”
I say, “Whenever the market is liquid?”
He says, “Be more specific.”
I say, “Uh… 10 a.m. Eastern?”
For the first time, he smiles.
He goes, “Every day?”
I say, “Every day.”
He says, “In size?”
I say, “In size.”
He says, “And what do we call that?”
I say, “Market manipulation?”
The room gets very quiet.
He looks disappointed and writes something down.
“No. We call it providing liquidity to candle ETFs during the U.S. cash open.”
I try to save it. “Right. Of course. The family isn’t dying because we underfunded them. They’re just experiencing temporary price discovery.”
He nods again.
Then he points back at the board.
I had missed it. The utility bill was $150, but candles provide light. You can zero out utilities.
I update the budget:
food: $200
rent: $800
utilities: $0
candles: $3,750
family: still dying, but now in a more capital-efficient way
He says, “How confident are you?”
I say, “0.95.”
He smiles and circles candles.
“0.95 huh?”
Then he asks me to estimate how many leveraged longs get liquidated if we dump $3,750 of candles at 10:00:01 every morning for 90 consecutive trading days.
Needless to say I did not get the offer.
holy fuck, a hair dryer at a Paris airport broke Polymarket weather markets & made someone $34,000 richer
- polymarket was settling Paris temperature bets on a single Météo France sensor sitting near the Charles de Gaulle runway perimeter - basically unguarded
- the guy bought the long-shot outcome (like "22°C" when everyone expected 18°C) for pennies, since nobody thought it'd hit
- then he walked up to the probe and briefly heated the air around it with a portable heat source, spiking the reading just long enough to register as the daily max
- temperature snapped back to normal in minutes, the market resolved in his favor, and he cashed out - twice, on April 6 and April 15, before Météo France caught on and filed charges
hyperstitions.
In a world where most things aren’t that sweet and don’t deliver as expected, @GolfNApp goes so fking hard. Literally play golf, earn points, get free tier-1 gear in less than a week. Never deleting this app
We launched the @GolfNApp on the App Store just 5 weeks ago.
In that time:
• 8,000+ downloads
• 2,075 rounds logged
• Rounds Played on every continent
• Now averaging 200-300 downloads per day just in the USA and UK
1/x
"What separates GolfN is a rewards program where points are accumulated by, for starters, just playing." - @JohnSchwarb of @SI_Golf
The GolfN App Launch was just featured in Sports Illustrated! Check it out: https://t.co/5m6okqCZk0
📣 The hottest new golf app is finally here, and it’s built on @solana:
The GolfN Open Beta is officially live on the Apple App Store!
Get rewards by playing the sport you love with GolfN’s digital caddie.
Here's how it works 👇
The GolfN - @bonk_inu Badge FREE mint is now live!
As a result of the overwhelming excitement by the BONK community yesterday…
ANY wallet holding 25M+ $BONK is now eligible
#LetsBONK
Instructions below 👇
Introducing The Clubhouse ⛳
A custom immersive experience for the GolfN community to:
🔘 Buy custom merch from the Pro Shop
🔘 Mint exclusive NFTs
🔘 Wager points against others
🔘 Manage collectibles
🔘 Attend AMAs, or just hang out
Registration link below 👇
Sneak peek of the new 3D feature of the @GolfNApp
⛳️ - Quail Lodge, Carmel CA
🌲 - Iconic Tree in Fairway
👀 - New 3D Mode
We're still in the early stages, but we can't wait for people to get their hands on this.
Advisor Spotlight 6/12 – @NickyScanz
Nicky is the CEO of @DegenApeAcademy. He plans to utilize his connections and skills within the Solana ecosystem to support GolfN. This will involve acquisition, NFT support, partnerships, and advising on running a Solana-based NFT company.
Advisor Spotlight 5/12 – Nick Walker
Nick previously built and led partnerships @LinksDAO, working with some of the biggest brands in golf to provide unmatched utility and course access for its holders.
Nick will leverage his network and knowledge to help GolfN scale faster.