Readit News logoReadit News
naijaboiler commented on U.S. government takes 10% stake in Intel   cnbc.com/2025/08/22/intel... · Posted by u/givemeethekeys
naijaboiler · 2 days ago
i remember when this happened during an actual crisis, in 2008, republicans all over cried on the radio day after day, arguing that it's socialiasm.

But now, crickets!!

naijaboiler commented on From $479 to $2,800 a month for ACA health insurance next year   npr.org/sections/shots-he... · Posted by u/laurex
binarymax · 2 days ago
Democrats should lean on this hard for 2026 midterm elections.
naijaboiler · 2 days ago
meh it doesnt matter. Biden tries "government that delivers", it didnt' work. instead his VP lost to one that promised cruelty. I used to be a what's good for type person. Now im just slowly giving up, and adopting a "eff you, I got mine" attitude.
naijaboiler commented on Databricks is raising a Series K Investment at >$100B valuation   databricks.com/company/ne... · Posted by u/djhu9
lucketone · 3 days ago
Do you use any payed support from databricks?
naijaboiler · 2 days ago
no we don't. Our plan includes some support, but we honestly haven't needed it. We are also aggressive about sizing compute resources to the task, and foregoing some of the more costly "easier serverless options" that databricks provides. Their serverless SQL though is excellent value for money.
naijaboiler commented on Databricks is raising a Series K Investment at >$100B valuation   databricks.com/company/ne... · Posted by u/djhu9
djrj477dhsnv · 4 days ago
What exactly is a "data platform"?

We have a large postgres server running on a dedicated server that handles millions of users, billions of record updates and inserts per day, and when I want to run an analysis I just open up psql. I wrote some dashboards and alerting in python that took a few hours to spin up. If we ever ran into load issues, we'd just set up some basic replication. It's all very simple and can easily scale further.

naijaboiler · 4 days ago
we have databricks at my company 50m ARR, 150 employee thats still growing at 15% YoY. With 0 full time Data Engineer (1 data scientist + 1 db admin both co-manage everything on there as part-time jobs. They have their full-time role). We are able to have data from like 100 transactional database tables, Zendesk, all our logs of every API call, every single event from every user in our mobile and web applications, banking data, calendar data, goole play store data, apple store data, all in 1 place. We are a 2-sided marketplace, we can easily get 360 degree view of our B2B customers, B2C customers, measure employee productivity across all departments. It's that deep data understanding of our customers that powers our growth

My team of 3 data scientists are able to support a culture of experimentation, data-informed decision making accross the entire org.

And we do all that 30k annual spend on databricks. That's less than 1/5 the cost of 1 software engineer. Excellent value for money if you ask me.

I really struggle to imagine being able to that any cheaper. How else we can engineer a data hub for all of our data and manage appropriate access & permissions, run complex calculations in seconds (yes we have replaced overnight complex calculation done by engineering teams), join data from so many disparate sources, at a total cost (tool + labor) <80k/yr. I double dare you to suggest or find me a cheaper option for our use case.

naijaboiler commented on Databricks is raising a Series K Investment at >$100B valuation   databricks.com/company/ne... · Posted by u/djhu9
retinaros · 4 days ago
I always struggled to understand how do you make a company adopt a platform like databricks to « manage data » isnt managing data a minefield with plenty of open source pieces of software that serve different purposes ? who is the typical databricks customer?
naijaboiler · 4 days ago
we have databricks at my company 50m ARR, 150 employee thats still growing at 15% YoY.. With 0 full time Data Engineer (1 data scientist + 1 db admin manages everything on there as part time jobs). We are able to have data from like 100 transactional database tables, Zendesk, all our logs of every API call, every single event from every user in our mobile and web applications, banking data, calendar data, goole play store data, apple store data, all in 1 place. We are a 2-sided marketplace, we can easily get 360 degree data on our B2B customers, B2C customers, measure employee productivity across all departments.

My team of 3 data scientists are able to support a culture of experimentation, data-informed decision making accross the entire org.

And we do all that 30k annual spend on databricks. That's less than 1/5 the cost of 1 software engineer. Excellent value for money if you ask me.

I really struggle to imagine being able to that any cheaper. How else we can engineer a hub for all of our data and manage appropriate access, run complex calculations in seconds, join data from so many disparate sources, at a total cost (tool + labor) <80k/yr. I double dare you to suggest or find me a cheaper option for our use case.

naijaboiler commented on Databricks is raising a Series K Investment at >$100B valuation   databricks.com/company/ne... · Posted by u/djhu9
troyvit · 4 days ago
I worked at a place once where the CEO basically said that it's a lot easier to raise money when you don't need it than to raise it when you do. The US economy is looking pretty weird with a bunch of conflicting predictors. Maybe they're buffering for a recession.
naijaboiler · 4 days ago
Its always true. Whether you are a start up or an individual. People throw money at you when you least need it. But when you do need it, they give all types of hassle
naijaboiler commented on Databricks is raising a Series K Investment at >$100B valuation   databricks.com/company/ne... · Posted by u/djhu9
constGard · 4 days ago
A lot of people purchasing their products have a vague understanding of the problem they're trying to solve and an even worse grasp of how dbx solves it for them. I'm living this first hand.
naijaboiler · 4 days ago
we have databricks at my company 50m ARR, 150 employee. With 0 full time Data Engineer (1 data scientist + 1 db admin manages everything on there as part time jobs). We are able to have data from like 100 transactional database tables, Zendesk, all our logs, every single event from eveery user in our mobile application, banking data all in 1 place. We are a 2-sided marketplace, we can easily get 360 degree data on our B2B customers, B2C customers, measure employee producting.

My team of 3 data scientists are able to support a a culture of experimentation, data-informed decision making and support the entire org, and we are still growing 15% YoY.

And we do all that 30k annual spend on databricks. That's less than 1/5 the cost of 1 software engineer. Excellent value for money if you ask me.

i struggle to imagine how else we can engineer a hub for all of our data and manage permissions appropriately at less tooling and engineering cost

naijaboiler commented on Denver rent is back to 2022 prices after 20k new units hit the market   denverite.com/2025/07/25/... · Posted by u/matthest
standardUser · 24 days ago
> You'll probably need to bail out recent homebuyers, who will be permanently underwater

If you buy a house for $400k, and suddenly it is worth $300k, you don't need to be "bailed out" for your purchase decision. You should have been certain that the house was worth $400k to you at the time of purchase. Otherwise you're a speculator, and we shouldn't be bailing out speculators.

It's called buyer's remorse. We accept it when it's a car or a TV, but suddenly when it's a house we're supposed to give massive government support to correct the buyer's mistake?

naijaboiler · 23 days ago
Well those people vote. Home ownership rate is 65%. Home owners I believe are more likely to vote than renters. So yeah your proposition is not feasible
naijaboiler commented on The Only Birthrate Strategy That Worked, & the Need for Strong Pronatalism   twitter.com/MoreBirths/st... · Posted by u/barry-cotter
lazide · a month ago
These factors have always been present. If anything, they’re less of a concern now than they were historically.
naijaboiler · a month ago
Correct. This the first article that I have read that has the right solution to declining fertility.

Miss often than not, I see it framed as an economic problem needing more economic solutions. This article hit the nail on the head. It is also a socio-cultural problem. And social cultural solutions work far better than purely economic solutions.

naijaboiler commented on The U.K. closed a tax loophole for the global rich, now they're fleeing   wsj.com/world/uk/the-u-k-... · Posted by u/fortran77
rich_sasha · a month ago
As you pay more tax, you get less services, and I dont just mean, where you elect to avoid them. You get less (or none at this point) free childcare. No umemployment benefits if you get fired. No child benefit. You can't save as much in your pension.

Then there are the semi-elective things like healthcare, education, home security. These kinda dont work for the whole society. The rich are thus paying for their own out of pocket. But they are also paying for the semi-working system for everyone else.

I think introducing a wealth tax just to balance the books without rethinking who and how accesses public funds, will just end with the rich leaving. Some may say good riddance, but the UK budget is now beyond creaking and heading for collapse.

Oh and when I say "the rich", that probably covers many people here. IIRC earning 90k per year puts you in the top 1%. A 10-15 year experience NHS doctor is in that bracket.

naijaboiler · a month ago
“As you pay more tax, you get less services”

This is a lie. In US, most food our rules, legal system, government agencies (that are not direct transfers like doc security & Medicare) exist to protect properties and interest of the rich.

That higher income people are not seeing much of direct transfers does not mean they are not getting more benefits from the government. Even our bloated military and foreign policy is primarily still protecting US business interests globally. It’s not minimum wage peon that benefits from that. It’s owners of large capital

u/naijaboiler

KarmaCake day527January 23, 2022View Original