• 3 Posts
  • 346 Comments
Joined 3 years ago
cake
Cake day: July 8th, 2023

help-circle


  • SpaceX IPO that was “fast tracked” for inclusion in the NASDAQ 100 is exit liquidity for the early investors and musk(S&P500 was also going to change rules until uproar and 2 days ago announced they weren’t waiving rules of profitability, tenure, etc.). Value yourself at some bullshit and force the public to buy your shares by inclusion in the most popular index fund who are required to weight their holdings based on market cap of your stock and buy shares to mirror index.if the company were so valuable and amazing with future growth prospects why would any insiders who already have pre-IPO shares want to sell? To cash out and/or de-risk is the only answer, and the general public’s retirement will fund it. It’s the same reason Trump is pushing the FTC to allow riskier assets like crypto and private investments in 401k accounts; exit liquidity for the current holders, most of whom know their investments are shit. Who better to buy them than index funds and the general public by limited choice in 401k fund options?

    If any of this sounds familiar, it’s the same playbook as the great recession/“financial crisis”, when the rich elite suddenly required rescuing and backing of the US gov because their greed didn’t offer an out. Suddenly the public’s problem when they would have to take a loss.




  • I just watched gladiator to show the kid for the first time and for me it was the first time in 20 years, he was wonderful. I then watched “space camp” a few days ago which id never seen and Phoenix’s 11-year+old face jumped out of that.

    Showing the kid “Sneakers” now, and the kid was blown away Phoenix had a brother (River) who was also an actor.






  • Garmin running watch. Never liked running but am a list checker and analyst; seeing my inactivity or progress drive me to be more consistent and active. I’m massively healthier and happier as a result. Also first one lasted 10 years, 1-week battery life. Just bought a replacement last year(face was scuffed up after 10 years but was still running like a champ). No idea why other watches have such crap battery life without offering more features than Garmin but it’s brought me joy, mental and physical health.


  • “If you didn’t hear back about the application, reach out to the company/recruiter/interviewer.” - they’re either not into you or swamped trying to get things lined up to move forward or both. Either way they don’t want to hear from you because you’re not getting it or they are working on it. Just pretend you didn’t get it and move on.

    “Personalize your cover letter for each job application.” - no one has read that shit in years–and that was before AI slop started doing them all for people—and good companies don’t ask for them anymore as it’s cruel to waste applicants time on them.

    “Ask for what you’re worth in the interview/during a promotion/counteroffer!” - this one comes with an asterix as it’s not always terrible advice, but well-run orgs gave a budget for your role, know what the job generally pays for the skills it requires and can’t go much outside of it at all or they’ll create pay equity issues which is against the law in most states if not federally, depending. I say all that and close by saying most companies aren’t well run, so they’re just trying to save money, but some are actually working withing a good system so don’t take it personally if they don’t or can’t offer you more.






  • “no offense but”, classic Seattle. I was on a different continent but heard your Seattle condescension sound and clear.

    You kind of seem desperate to brag about how cool you think you play situations; different countries and cultures and everyone’s risk tolerance is different. You should start a thread about how cool you are and share with a Seattle community, they probably are cooler and did it first.


  • You’re trying to correct something and are uninformed, not adding a ton to the convo.

    "A spoon is frequently used in the preparation of certain drugs, primarily heroin and crack cocaine. For heroin, a spoon serves as a heating vessel to dissolve the powdered or tar form of the drug. Heroin is often mixed with water in the spoon, and heat is applied from underneath with a lighter to facilitate dissolution, to create a liquid for injection. A small piece of cotton or a cigarette filter is sometimes placed in the spoon to act as a filter, drawing the liquid into a syringe while leaving behind impurities.

    Crack cocaine, a rock-like form of cocaine, can also be prepared using a spoon. Powdered cocaine is mixed with baking soda (sodium bicarbonate) and a small amount of water in the spoon. This mixture is then heated, causing a chemical reaction that separates the cocaine base, forming an oily mass that solidifies into crack cocaine “rocks” upon cooling. While crack is primarily smoked, the spoon is used in this “cooking” process to transform the powder into its smokable crack form."