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Have a feeling that Twitter is one of the uniocorns to go next year.

He's approaching this as a simple restructure & pray with engineering teams when in fact the problem is a much more serious problem, there's a loss of confidence in Twitter from investors.

I guess cutting when investors feel like it's due is a good way to appear like you are making changes when in fact the problem with Twitter is much more deep rooted and a fundamental flaw.

1) Investors realize twitter is horrible for monetization

2) Investors are out of patience or trust

3) Twitter scrambles to find a sustainable revenue source.

4) Twitter cuts off Hootsuite and launches competing business

5) Twitter's massive botnets disappear revealing only a small number of it's userbase is active sparking SEC involvement.


Yes but Twitter fits in within mainstream media. Facebook could take the #hashtag business, but the pseudonymity of Twitter has general appeal. Doing anything but advertising is a bad deal for either Facebook or Twitter. CPA is really a bad deal for the platform.


>$1,025-an-hour partners.

TIL some people make literally a 100 times what the average person makes.


That's what they charge for partners. Normal people easily get charged out for 50 USD per hour. Try calling a plumber to see for yourself.

That doesn't mean that they actually get that much money for every hour worked, since the billed hours have to pay unbillable costs like office rent, admin overhead, taxes etc.

If you are willing to look beyond the rich world: world average GDP per capita is something like 10k USD. At 2000 hours worked per year, that 0.5 USD per hour.

Your `average' person already makes 20 times as much as the actual average person.

(Keep in mind, that the median is lower than the average. Check out http://www.bbc.com/news/magazine-17512040)


> If you are willing to look beyond the rich world: world average GDP per capita is something like 10k USD. At 2000 hours worked per year, that 0.5 USD per hour.

No it isn't. It's $5 an hour, barely under the US minimum wage.


Thanks for catching that! Sorry, I obviously can't do arithmetic.

Interesting that the global gdp is that high, actually.

Comparing to the minimum wage is still a bit misleading, since the wage share of GDP is far from 100%.


They make roughly 500k-3 million if they bill that rate. Potentially more if they have huge clients but that's rarer.

Firm partners are heavily compensated based on how much work they bring in, at most firms. But it varies.


And what's the value of a law firm partner who helped set up and oversees an operation that saves you from a patent troll?

This firm was diligent enough to question the very basis of the lawsuit and ferret out evidence that evidently neither of the parties realized they had that the patents had been properly bulk licensed. I've worked with some very good corporate lawyers, and learned from them and other sources that such diligent competence is by no means a given.


Some Americans make literally tens of millions of dollars per day


They can also lose $100m+ in a single hour. The math is so incredible, it's really difficult to get one's head around.


My friend plays a lot of competitive poker. He'll show up after months of being off the grid muttering about being in the middle of a $50,000 downswing, and disappear once he's mentally refreshed enough to make another minor fortune.


online poker ?


Yes, a few games at the same time. It's pretty impressive to watch.


i had a friend in a similar position a few years ago (but living in the US) - he ended up having most of is money locked up when poker stars and the other major players we out of business - im not sure if he got it back ...


Except most people are paid a pittance, when there is plenty of capital to go around. Just look at the income distribution of the 1950's compared to now.

You really should be more educated about reality and acfual statistics.

Go watch the Park Avenue (2012) film on PBS.


They don't make that. That's what you're charged for having them. Some of that goes to their salary, or however they're compensated by their firm. The rest of it goes to operating the business/partnership. Same for the juniors and paralegals.


Most partners don't really see all that money, but they still probably take home a significant percentage of it. IP litigators have very specialized knowledge, that's why they charge so much.


way too complicated. the logo was distracting as hell too.


Thanks for your feedback! Just to make sure we can act on your feedback: Do you mean the first diagram is distracting or which logo are you referring to? If you would make the change, what would you improve?


just overall message is not clear as to what benefit it provides.


I guess we have tried to show the value to both developers and businesses. Would you like to read in README more technical details or more none technical examples on how this is already used by other people? To be honest, we have tried to explain it similar to AngularJS, that we are using on frontend, but I guess we failed you here.


I guess it wasn't enough for me to stay and read it.


Just out of curiosity, do you think below repo is better documented or does it suck as well? No offense taken, as long as you are honest :)

https://github.com/MitocGroup/deep-microservices-helloworld


I wonder how much lawsuit will fly in their direction now


you can drop your wallet a hundred times and people in Korea and Japan will return it to you.

https://www.youtube.com/watch?v=kWW4xzlrOWQ

I've heard reactions from Canadians who go to Korea or Japan and they are puzzled that nobody would steal, even if wallet was bulging with cash and the guy was passed out on the streets, he doesn't have to worry.

To me this is the success of a homogenous neo-confucius brings order in society. Self reflection and honor prevents a cesspool of cultures ready to rip each others throats from forming.

I ponder if Western societies can continue to function if they just keep letting anyone of any background and culture in especially when they choose not to integrate and shout 'racism' when they have to do something that requires the slightest bit of thinking and respect.

Sometimes I look at my city, shootings, the violence, gangs, mental illnesses and ponder what life would've been like in Korea or Japan.


I’ll tell you a story that happened in a... well, not very good district of a German 300k people city. A district with 44% migrants, and 42% unemployed, and some of the highest crime rates of Germany.

I was 18, it was the day after I finished my final high school exams, I had partied with a few girls, most went home, 2 of us – me and a friend – were trying to find a place to drink something. We ended up at some gas station, as all other stores were closed, and tried to buy alcohol.

Some people were standing there, too, waiting in a queue, some of them migrants, some obviously homeless, some kinda nice dressed.

A friend of mine tried to pay with her EC card, and was too drunk to use it or enter her PIN – so she asked if someone of the other crowd would be able to help her (I, myself, was also quite drunk). So she gave this guy her wallet, told him to "take out the yellow EC card, PIN is 2814"[1], and indeed, he did this.

They – also wanting to buy alcohol – asked us if we wanted to follow them to a nearby party. We did, and ended up having a fun night playing singstar with them.

    --------------------------------
In Conclusion:

It’s not ethnicity, or social class, or homogenity that leads or prevents crime.

We’ve done similar things not once, but several times. And you know what? Never was anything stolen.

Once I forgot a jacket, and couldn’t remember where anymore – next morning someone had posted the jacket onto a facebook group of the city with 60k users and I was able to get it back.

    --------------------------------
[1]: PIN changed for obvious reasons


that has no relevance here. Germany vs North America for gods sakes.


this is why when i test out my app i turn off ad blocker but since ublock no problems


is there any one of these that will let me produce blog content like Medium? Really like how easy Medium is to read


Yes, go with Jekyll and use this 'Clean Blog' theme: https://github.com/IronSummitMedia/startbootstrap-clean-blog...

There are probably multiple ways to do it given Medium's clean design and popularity, but that's the way I've done it and I can recommend it.


Reason why the Chinese might be cooperating is because the US has a very significant person of interest on their soils, one that the Chinese party is desperate to get back because this man knows state secrets and inner workings of the secretive CCP.


what benefit does high frequency traders provide to rest of society? none. they raise the cost of transactions of all investors. it should be banned and those brought to justice.


was the video recorded with a potato?


Yes, it was recorded with a potato.


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