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ralston commented on Why I have zero faith in crypto venture capitalists   bennettftomlin.com/2021/0... · Posted by u/shoto_io
rvz · 5 years ago
For example look at the real price history of a VC funded token called "Internet Computer" [0] by selecting "ALL" on Coinbase. Out of no where on launch, it was listed on Coinbase and Binance already with the top 10 coins of the largest market capitalisations. Only VCs and angel investors with such connections to these exchanges could have made such a listing like that possible.

After that, then came the VC dump with the price now at $59 - $60 for weeks with the bagholders entering at >$200 or >$400 on listing day.

When I see charts like that, that is what you call a VC pump and dump.

[0] https://www.coinbase.com/price/internet-computer

ralston · 5 years ago
Was just talking with friends yesterday about this - Internet Computer getting absolutely dumped by the VCs who pumped it so hard from the beginning. Once I saw that they were headquartered in the Bay, had their entire team in the Bay, and wanted to be the “everything for everyone” computer, that was kinda my sign that this was a scam.
ralston commented on Tinder founders sue parent companies Match and IAC for at least $2B   techcrunch.com/2018/08/14... · Posted by u/hvo
bing_dai · 7 years ago
There might be clauses in those Tinder founders' employment contracts with Match.com that any intellectual property that they came up with during their employment belongs to Match.com.

There's a similar plot in the Silicon Valley TV show (Piped Piper v.s. Hooli).

ralston · 7 years ago
Only if there was a Gavin Belson in this version
ralston commented on Reading the NSA’s codebase: LemonGraph review   ayende.com/blog/184066-C/... · Posted by u/ohjeez
xtrapolate · 7 years ago
Do you seriously think they care about re-using a name for a throw-away non-classified project? People have better things to do with their time.
ralston · 7 years ago
The idea of the NSA googling `lemon graph` then saying "Welp, looks like someone else already has it. Back to the drawing board", is actually pretty hilarious.
ralston commented on Snapchat Is Becoming Like the Internet It Disdains   bloomberg.com/view/articl... · Posted by u/sidhanthp
ralston · 7 years ago
I agree with the general sentiment of the article: "In order to make money, Snapchat is doing things it previously scorned"

This is particularly saddening for me because I remember back in 2011/12 (around that time) I desperately wanted an Iphone so that I could do one thing - download Snapchat. I wanted a totally new/expensive phone to do one single thing - use Snapchat. Sure I was 19, and it was slightly known as the sexting app but man oh man, there was this sort of aura of mystery surrounding it. It was literally the "coolest" app in my peer group (hell, in my age group at the time). It was soooo difficult to search for people, so you had to know their user before you could add them. It was as if the app was so public (sharing pictures that could be screenshot), yet so private (you tended to only add people you knew, and the porn accounts).

It's slightly funny to watch Evan Speigel still think that he knows whats best for Snapchat (e.g., the UI changes, monetization). He makes his changes now and tells the users to shutup and deal with it (bad idea). Now that I'm older, everyone I know still uses the app, but not nearly as much, and it's not nearly as "cool" or fun. It seems to be just another app on our phones now - not "the" app.

But in some ways I understand Snapchat's changes. Those servers, engineers, creatives, and yellow bikes cost money. You can't pay for an office lease in Venice Beach with "cool" points. However, with that said, I do think Snapchat went overboard with the monetization efforts. They followed in the footsteps of Google, Facebook, etc - not knowing that they were so much cooler and so much more fun than anyone else. And in trying to monetize, they ruined the experience, and thus the app. The "scale" thing [gives Reid Hoffman a side eye] doesn't always have to apply to everything. Sometimes just having an amazing app that does what it does is ok - the partnerships, click bait, and "publishers" be damned.

RIP Snapchat. The only app I've ever bought a brand new to device for.

ralston commented on Leaked white paper proposes U.S. Congressional regulation of social media   cjr.org/the_new_gatekeepe... · Posted by u/walterbell
mattigames · 7 years ago
It is probably a job for the next generation rather than this one; this generation wasn't ready for this boom of communication we are living in; all these social platforms where created for the economical benefit of their creators (FB, twitter) and not any sort of societal benefit; so yeah I think that the solution must start from early school years where children should be taught to doubt all sources of information -internet and peers alike-, investigate better, know that extraordinary claims need extraordinary evidence, they should also learn to discuss important topics with people with completely opposite views and to stay calm while doing so. A world where a black kid can discuss with a nazi kid about racism and neither of them lose their heads over it (just as an extreme unlikely example to state my point).
ralston · 7 years ago
> "this generation wasn't ready for this boom of communication we are living in"

I definitely think we will look back on my generation (Generation Y) as the guinea pigs for this whole "connected social world" thing. So far it's been too much, too fast, and we have done an abysmal job handling it.

ralston commented on Ask HN: How to build a Google Sheets/Excel?    · Posted by u/ralston
repsilat · 7 years ago
Hi Ralston! I'm building a spreadsheet program myself at the moment (demo and product link at https://6gu.nz).

There are two major parts to a spreadsheet app, in my view:

1. A UI to change sheet layout and formulas, and to view computed values.

2. A "programming language"-like engine to derive computed values from the formulas and sheet layout.

In (2) you also have to do a bit of topological sorting to make sure you compute things in the right order, but it's not terribly tricky.

A spreadsheet is kinda like a REPL, where the "R" and "P" are the spreadsheet UI and the "E" is the programming language part.

In Excel and Google Sheets (but not in my program) there are some fun data structures you might use to make formulas like `SUM(A:A)` (i.e., sum the whole column) run in a reasonable amount of time. Essentially, data structures that take advantage of the sparsity of the grid. I don't know off-hand the best way to go about something like that, but if you didn't want to invent anything yourself I guess you could just throw everything into an off-the-shelf spatial acceleration structure (an r-tree or a quadtree or something.)

There's quite a big surface area to the problem, if there's something more specific you want to know, please ask! I can't promise to respond quickly, but I should get back sooner or later.

ralston · 7 years ago
The UI looks incredibly good. Is this just implemented in pure JS?

u/ralston

KarmaCake day69January 9, 2018View Original