@BrianRoemmele@beffjezos@founder@extropic I used Lead Motion controller for robotic arm demo as part of AWS IOT Service introduction re:Invent 2015 (Long Live Leap Motion!) https://t.co/DkG155zVSu
Miss Piggy was our DECSystem/570 that was being retired about the time I started at Microsoft. All I know for sure is it ran mail.
Thanks to some help from @interimcomputer we were able to read the passwd file and crack everyone's passwords... still need to do an episode on that!
It was equivalent to a PDP-11/70 and ran Xenix, which was essentially the licensed version of the UNIX 6 kernel, I believe.
Bought this printer for college 8 years ago, it’s survived 12 moves and tens of thousands of prints and is now the only printer at my startup.
Will need a 21 page salute when it kicks the bucket
My 12+ years at AWS talking with people at companies of all shapes and sizes give me a hot take on this:
Most people just never *need* their app to be performant. Nor to scale well. The average enterprise app is a toy. The broad majority of startup software never truly reaches scale. Perf isn’t even measured. The majority of the industry could still sit on a 3-tier app stack forever w/ n+1 redundancy where n=1.
Hey Coders! - blown away. Just completed a project in less than a week, in unfamiliar domain, with Sonnet in VS Code. The old way would have been many months.
AI is the new Extend and Pretend. If energy, water and local building regulations are the constraints, do we think that the hyperscalers are going to keep running older generation gpu’s and just keep building? No, they will replace the compute inside the datacenter and restate earnings.
Friedberg: Michael Burry’s “Cooked Books” Claim is Totally Wrong
@friedberg:
“Burry's implication that they are cooking the books or hiding accounting is completely false because all of the accounting is apparent in the cashflow statement and in the balance sheet.”
“Remember, companies have three financial statements, an income statement, a balance sheet, and a cashflow statement.”
“The cashflow statement reconciles the difference between the income statement and the balance sheet, and it shows you all the cash that's going in and out of the company.”
“And many analysts and many investors that are intelligent and do their homework, will look at the cash flow statement and they will see the CapEx, they will see all the investments going out, and they will calculate a number, typically called free cash flow, that will allow them to estimate the true cash generation of the business in a particular period and make an assessment of, should they be valued on free cash flow or should they be valued on the GAAP standard of EBITDA?”
“And the investor has the choice on how they want to value the company.”
“And Burry is incorrect in thinking that they're hiding anything because it's all there.”
“They're following GAAP standards. And then investors make a market and they all decide, what do I want to value this company on? Cash flow? EBITDA?”
“Let them choose, and then the market sets the price.”
@chamath:
“I think we've given this guy way too much airtime. He's not very good at what he does.”
Recorded in the brand new poker studio at The Venetian Las Vegas.
Thanks @VenetianVegas!
Imagine you're an investor in 1610.
You and your boys are proud owners of Dutch East India Co. stock, which was granted a monopoly on all Dutch trade in Asia by the government. Bullish.
And yet, even after raking in profits since its 1602 IPO, the company refuses to pay a dividend. Stingy.
The first activist investor, Isaac Le Maire, starts publicly calling out management for enriching themselves at shareholders' expense and shorts the stock.
As momentum builds, management finally agrees to pay out dividends to shareholders. Nice!
There's just one catch...
It was paid out in spices. Not cash.
Shareholders received "mace at a value of 75% of the nominal capital".
That's right, the first dividend in history was paid in spices. How far we've come!