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·2 वर्ष पहले·discuss
Yeah the problem is that the average rat lives for less than four years, which doesn't let them see multiple market cycles. We must selectively breed or biologically engineer longer lived rats or else we will be curve fitting for a single market regime.
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·3 वर्ष पहले·discuss
Yes they have done great work and discovered some really cool stuff, but they have not been able to commercialize it. That's what a CEO/management chain should ultimately be measured by, not whether they've built a great Xerox style research PARC.
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·3 वर्ष पहले·discuss
Those kinds of people are generally stuck at a lower level. L7/8/9 is very much a political game. To get there (generally) you need to make your entire org/company look very good, and generally to make your team look good you need to work well with them so that you can convince them to work on the high impact projects that you identify.
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·4 वर्ष पहले·discuss
A shell of Allston (formerly big Java shop) lasted until last year.
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·4 वर्ष पहले·discuss
Yeah, Jump got on the map by being the first Chicago prop shop with a microwave line between Chicago and New York. They dominated the equity basis trade for a while.

Keeping your name out of the press and staying secretive is incredibly important and I'm shocked that they didn't just throw a fair amount of cash to this guy directly or offer it up as a donation to some Carl Sagan foundation (and offer to let him keep his e-mail address). $200k for a shop like that is literally the shells of peanuts and worth it to keep your name out of people's mouths.