Hacker News: cascom

New comment by cascom in "Kayak's new flight filter allows you to exclude aircraft models"

cascom — Mon, 22 Jan 2024 14:35:02 +0000

I don’t disagree, but I'm also not talking about debating a Mediterranean diet vs keto, I’m talking about cutting out fast food and big gulps…

New comment by cascom in "Kayak's new flight filter allows you to exclude aircraft models"

cascom — Mon, 22 Jan 2024 14:18:35 +0000

If people want to exercise choice - by all means, and I’m happy at the margin to punish Boeing, but I agree from a personal risk standpoint it’s probably inconsequential.

I’m always amazed at where people spend energy mitigating risk, I had a coworker who was worried about taking the Covid vaccine but was hardly the picture of health and rode a motorcycle to work many days - it’s like putting down the beer, eating a salad, and taking the bus will give you massive gains in life expectancy vs some minor unknown delta with the Covid vaccine, but to each their own. I just wish we could get people to use micromorts (https://en.m.wikipedia.org/wiki/Micromort)

New comment by cascom in "Documents reveal McKinsey's role increasing opioid sales until 2019"

cascom — Sun, 03 Jul 2022 03:26:28 +0000

Those same people are now in the rehab business bilking the healthcare system for money

How the FBI uses laws to spy on foreign terrorists to spy on you

cascom — Fri, 10 Jun 2022 13:37:44 +0000

Article URL: https://thehill.com/opinion/criminal-justice/3516750-how-the-fbi-uses-laws-to-spy-on-foreign-terrorists-to-spy-on-you/

Comments URL: https://news.ycombinator.com/item?id=31694001

Points: 41

# Comments: 18

White House Set to Pause New Tariffs on Solar Imports for Two Years

cascom — Mon, 06 Jun 2022 03:25:39 +0000

Article URL: https://www.wsj.com/articles/white-house-wont-put-new-tariffs-on-solar-imports-for-two-years-sources-say-11654482582

Comments URL: https://news.ycombinator.com/item?id=31637013

Points: 15

# Comments: 0

New comment by cascom in "Ask HN: What is the best jurisdiction for internationally distributed teams?"

cascom — Sun, 05 Jun 2022 05:04:32 +0000

HK is over unfortunately

New comment by cascom in "Ask HN: What is the best jurisdiction for internationally distributed teams?"

cascom — Sun, 05 Jun 2022 04:52:05 +0000

But to be fair, none of those hedge fund’s employees are employed by the caymans entity, and the only reason they are not in the US (at least for US hedge funds) is to accept non-taxable us investors and foreign investors, U.S. taxable investors typically invest through a Delaware LP.

New comment by cascom in "Ask HN: What is the best jurisdiction for internationally distributed teams?"

cascom — Sun, 05 Jun 2022 04:36:38 +0000

The short version is that the employee’s country of residence will dictate on all of these variables rather than the country of the employer. I don’t think a foreign employee of a U.S. company has any US status

New comment by cascom in "Ask HN: What is the best jurisdiction for internationally distributed teams?"

cascom — Sun, 05 Jun 2022 04:31:44 +0000

Yes they can

New comment by cascom in "Ask HN: What is the best jurisdiction for internationally distributed teams?"

cascom — Sun, 05 Jun 2022 04:10:28 +0000

Short version - do it where or near where the bulk of your 1) customers 2) investors 3) leadership team are likely to be located, that also is not an administrative hassle. Stay out of continental Europe and tax havens that you’re never going to step foot in.

From a practical standpoint all small companies are out of compliance with tons of laws, they just fly below the radar, and do their best (not from a desire to be non-compliant, but that the laws are impossible to comply with without armies of accountants and attorneys) So do the best you can and move on with your life. You’re going to have the same employment problems with your German employee regardless of whether his employer is in the Isle of Man or Australia, so just suck it up and hire a an accounting firm to do the personal tax returns for the team and focus on your business.

New comment by cascom in "Ask HN: Anyone else quickly losing confidence in Amazon?"

cascom — Sun, 05 Jun 2022 03:35:42 +0000

Walmart actually diligences it’s vendors and manages its upstream supply chain - Amazon does zero diligence on its vendors and doesn’t manage its upstream supply chain

New comment by cascom in "Ask HN: Anyone else quickly losing confidence in Amazon?"

cascom — Sun, 05 Jun 2022 02:29:26 +0000

Amazon is great for random stuff that is <$25 and you don’t put close to/in/around your body/food. I.e. if you need some calculator batteries or a book, great - you’re insane to risk you or your family’s health buying food/personal care/kitchen products/toys that are counterfeit/potentially toxic on Amazon

New comment by cascom in "Ask HN: What is the best jurisdiction for internationally distributed teams?"

cascom — Sun, 05 Jun 2022 01:49:26 +0000

(Not a lawyer etc.)

If you didn’t have a US founder I think you’d have more options, but since you do, just embrace the US - it’s will also be the easiest from a fundraising standpoint, and one of the cheaper options.

I actually think the US gives you the most choices from a vendor standpoint, and is the cheapest (or one of the cheapest from an administrative standpoint).

Regardless, definitely do it in a jurisdiction where one of the key founders actually resides (ideally the CEO and/or CFO) as that just makes the administration much easier to have someone on the ground.

New comment by cascom in "Ask HN: What is the best jurisdiction for internationally distributed teams?"

cascom — Sun, 05 Jun 2022 01:23:12 +0000

New comment by cascom in "Turkish Magician Built a $600M Nasdaq-Listed Scam Based on Lies"

cascom — Fri, 03 Jun 2022 03:47:25 +0000

Well 60% is insiders and 5% is institutions, which means the other 35% are likely individuals that are in for a rude awakening when they open their brokerage statement (and were likely the victims of some form of pump and dump).

Second you can’t get a borrow or it’s super expensive so there’s no marginal seller…until random retail investors or insiders bail…

Who knows what the algos, market makers, and stock promoters are doing with the stock, but a bunch of wash sales

New comment by cascom in "Ask HN: What does your mother tell people about your work or employment?"

cascom — Fri, 03 Jun 2022 02:12:34 +0000

If you can’t explain what you do to a grandparent or child, I’m not sure you really know what you do either…

New comment by cascom in "Turkish Magician Built a $600M Nasdaq-Listed Scam Based on Lies"

cascom — Thu, 02 Jun 2022 16:43:42 +0000

These trades become hard at this point, as the stock available for borrow becomes limited and expensive (all of the float is already short)+ the potential for a short squeeze increases (increased by the fact it can be manipulated by insiders)

New comment by cascom in "Turkish Magician Built a $600M Nasdaq-Listed Scam Based on Lies"

cascom — Thu, 02 Jun 2022 16:23:19 +0000

In my experience government regulators are typically follow their incentives which is tot take on cases that are easy (some one else’s does all the hard work and puts it in their lap), generate career making headlines, or generate revenue for their office (regardless of whether the targets actually did something - extortion)

New comment by cascom in "The billable hour is a trap into which more and more of us are falling"

cascom — Tue, 31 May 2022 19:52:18 +0000

I guess what I’m trying to get at is, as a practical matter, there are many tasks that are <1day of work, how do you bill for those tasks? Hyperbolic example: have a 1hr client call, charge for day’s worth of work, pursue non-work interests the rest of the day?

New comment by cascom in "The billable hour is a trap into which more and more of us are falling"

cascom — Fri, 27 May 2022 02:58:16 +0000

I think the incentive to bill 41hrs vs 40hrs is real, but talk to a lawyer about whether they care about 2301hrs and 2300hrs for the year and I think you’ll get Avery different answer