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post hole digger
Mar 21, 2011

Pinterest Mom posted:

https://twitter.com/SpotifyNews/status/1628394585532555264


they're rolling out an AI DJ that will deliver custom radio DJ chatter for you, using text-to-speech

makes sense that theyd move on to this, as they have already perfected the AI behind their recommendation engine and it works great.

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post hole digger
Mar 21, 2011
the bubble is not 'about to pop'. the bubble popped like 4 months ago.

post hole digger
Mar 21, 2011

qirex posted:

there are some sensible chuckle level old dilberts, ie "here's a nickel, kid. get yourself a better computer" but that was nearly 30 years ago

a single digit number of readers laughed at this joke in 1995 and they all post in the yospos geriatrics thread now

post hole digger
Mar 21, 2011

Qtotonibudinibudet posted:

SA continues to have this amazing capacity to not recognize that other social networks are neither small nor uniform blocs, which is ironic given that SA, small as it is, is not a uniform bloc. same poo poo where we were like "EVERYONE ON REDDIT IS THERE FOR /r/jailbait (and we deny any history that may even suggest a thread of connection between us, 4chan, and that subreddit!)"!

oddly enough, the japanese art and central asia academia twitter spheres never interact with scott adams or anyone in his replies! it's as if large enough social networks often develop disparate and largely separate communities or something

the analogy isn't that we're all at the nazi bar, it's that the nazi bar and the other bars all take cash, and sometimes people exchange cash and interact outside the bars because we all use the same currency

its because unlike other social media platforms every goon, somewhere hidden in the deep recesses of their heart, knows they are extremely, inescapably gbs.

post hole digger
Mar 21, 2011

Achmed Jones posted:

im just glad someone is here to, uh, set the record straight about reddit. truly doing a bodhisattva's work. gate gate paragate parasamgate bodhi svaha

the conversation was about twitter. try to keep up.

post hole digger
Mar 21, 2011

infernal machines posted:

the nazi website?

the very same my friend.

post hole digger
Mar 21, 2011

goblin week posted:

SA created 4chan and the modern american politics so maybe the nazi website was inside of us all along

now we're cookin

post hole digger
Mar 21, 2011

Optimus_Rhyme posted:

Honestly I don't like yucking someones yum

what the gently caress

post hole digger
Mar 21, 2011

exe cummings posted:

twitter.com is down lmao

bless up

post hole digger
Mar 21, 2011
if you tell my children anything about yumming their yucks i am going to call the police.

post hole digger
Mar 21, 2011

theflyingexecutive posted:

it's the generalized non-sexual version of "don't kinkshame". I think I've only ever heard it used irl by bdsm people

lol

post hole digger
Mar 21, 2011
lol petey trying to kick off a bank run

https://www.bloomberg.com/news/articles/2023-03-09/founders-fund-advises-companies-to-withdraw-money-from-svb posted:

Founders Fund, the venture capital fund co-founded by Peter Thiel, has advised companies to pull money from Silicon Valley Bank amid concerns about its financial stability, according to people familiar with the situation.

The firm told portfolio companies that there was no downside to removing their money from the bank, according to the people, who asked not to be identified because the information isn’t public.

Shares of SVB Financial Group, the bank’s parent, plunged on Thursday after announcing a stock offering, selling substantially all of the available-for-sale securities in its portfolio and updating its forecast for the year to include a sharper decline in net interest income.

SVB Chief Executive Officer Greg Becker held a conference call on Thursday advising Silicon Valley Bank clients to “stay calm” amid concern about the bank’s financial position, according to a person familiar with the matter.

post hole digger
Mar 21, 2011
go steal one of those nifty green glass banker's lamps while everyone is preoccupied with the drama

post hole digger
Mar 21, 2011

guy who made billions of dollars funding internet and social media companies: was this damage done from the bottom up

post hole digger
Mar 21, 2011

bob dobbs is dead posted:

equities markets are pricing in a solid chance of rip charles schwab, rip boa, rip wells fargo, also

arent they much better equipped to handle something like this due to post-GFC capital requirements on big banks?

post hole digger
Mar 21, 2011
does the fdic cap of 250k apply to corporate accounts too?

post hole digger
Mar 21, 2011

:pwn:

post hole digger
Mar 21, 2011

the adderall shortage and its consequences have been a disaster for silicon valley.

edit: efb

post hole digger
Mar 21, 2011
how long has the adderall shortage been happening? the tech bubble top was november 2021.

post hole digger
Mar 21, 2011
i'm just trying to make sure im understanding this right: the thing that hosed SVB was that they put $80 billion in mortgage backed securities yielding 1.5%, and got bit because rates went up, they were stuck with these lackluster assets, wanted to give themselves some breathing room so they sold them off at a loss, and selling them at a loss spooked investors which triggered the sell-off and subsequent bank run?

it was mortgage backed securities??

post hole digger
Mar 21, 2011

FMguru posted:

https://twitter.com/garrytan/status/1634286688922132481

all those fart-app-as-a-subscription-service startups...ruined...

:negative:

innovation of what exactly

post hole digger
Mar 21, 2011
im contacting my congressperson to tell them not to bail out SVB not because i have any nuanced opinions about it but simply because i am a hater.

post hole digger
Mar 21, 2011

Beeftweeter posted:

i'm gonna be real mad if Startup Bank gets a complete bailout

post hole digger
Mar 21, 2011
i dont think SVB even did anything wrong, really, except communicate poorly with their clients. i am an inveterate hater.

post hole digger
Mar 21, 2011

:yum:

post hole digger
Mar 21, 2011
a bank run absolutely involves moving fast and breaking things

post hole digger
Mar 21, 2011

post hole digger
Mar 21, 2011
yeah i know its just funny to see mortgage backed securities pop up again in this context.

post hole digger
Mar 21, 2011
ro khanna sucks rear end.

post hole digger
Mar 21, 2011

rotor posted:

man its fuckin friday night what do you think

its 4 pm grandpa

post hole digger
Mar 21, 2011

what am i looking at

post hole digger
Mar 21, 2011

TDepressionEarl posted:

my don't worry about the bank run shirt has people asking a lot of questions resolved by heeding the kindly advice printed on my shirt

if your banker is wearing a shirt with text on it its already too late.

post hole digger
Mar 21, 2011

bob dobbs is dead posted:

they do a whole lotta nothing for a decade or two and then everything goes to poo poo. then another decade or two of nothing. just like any other highly correlated insurance job, like hurricane or earthquake insurance

however you feel about lenin, you gotta hand it to him for "there are decades when nothing happens and weeks when decades happen."

post hole digger
Mar 21, 2011

Beeftweeter posted:

https://twitter.com/rbranson/status/1634271668205146112

gotta keep the innovation flowing. bailouts now!!!

i read the thread for context and get why its there but thats the most bay area rear end thing ive ever seen lol

post hole digger
Mar 21, 2011
i was kind of hoping it was going to be because of collateral they had on loans from that startup that let you invest in expensive wines

post hole digger
Mar 21, 2011

Agile Vector posted:

it's really more of a sunnyvale expression

lol

post hole digger
Mar 21, 2011
https://twitter.com/DavidSacks/status/1634363393498038273

post hole digger
Mar 21, 2011
the impossible burger thing just sounds like a vegan salisbury steak. i dont want it but i get it.

post hole digger
Mar 21, 2011
theres a lot of handwringing right now and its very funny to watch these vc "people" squirm, but it seems most likely to me that the banks balance sheet will be sold and most of depositors will be made whole one way or another.

i should go people watch on university ave today though.

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post hole digger
Mar 21, 2011
theres an article quoted in this post of mine, but the run had already sort of started by that point (thursday night).

post hole digger posted:

lol petey trying to kick off a bank run

that said,

https://twitter.com/chrismohney/status/1634572163863683075

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