They'll trade off the inflated numbers for the royalties.

I thought code was free now

Good ideas are expensive. Which is why he's blanket investing, to catch the winners.

But why would they agree? Coding is free (or at least $200 a month)

Can anyone think of a single successful player-coach in the entire history of sports? Why would this be a good model?

Bill Russell, Boston Celtics, NBA national champions 2 years in a row, 67-68, 68-69 (first black head coach in NBA)

Yeah this is one of maybe 3 or 4 successful examples in the history of both players and coaches. Wonder why they haven't done it since the 70's....

Most of the high profile basketball players you can think of do this - obvious ones are Michael Jordan, Kobe Bryant, and Lebron James - as I remember it Lebron has even written up plays from time to time during critical games (evidence: https://www.youtube.com/watch?v=uUkQbGQTdQ8, and famously erasing his coach's play: https://www.cbssports.com/nba/news/lebron-james-changed-fina...)

I don't think that's what player-coach means. It's not an archetype. It's a concrete role.

Gianluca Vialli won UEFA Cup Winners' Cup with Chelsea as player-coach in 1998

There are definitely a tiny handful, which absolutely makes them the exceptions that prove the rule, and a terrible idea for Coinbase or anyone else.

Reggie Dunlop, Charlestown Cheifs, they won the Federal League and it's hard to argue it wasn't all down to his coaching.

There's successful actor-directors.

Kenny Dalglish, Liverpool FC, 1985-1990.

George Halas - Chicago Bears

Pete Rose baseball?

Lol love all the responses

So why is everything still working?

And you just scrape it straight from sec.gov?

I guess that's called napping

Amazing that this article and an actual comment from Ronan Farrow is this far down the list while...Scientists Figured Out How Eels Reproduce (2022) has 6 times the points.

This thread set off a software penalty called the flamewar detector.* I turned that off as soon as I saw it.

(* This was predictable from the title, because the question in it was inevitably going to trigger an avalanche of crap replies. Normally we'd change the title to something less baity, and indeed the article is so substantive that it deserves a considerably better one. But I'm not going to change it in this case, since the story has connections to YC - about that see https://hn.algolia.com/?dateRange=all&page=0&prefix=false&qu....)

I'm not sure what the flex is here.

Is the idea that prototypes give the Permission Granter more fidelity into a proposal and therefore can make better decisions? Whereas before, with Slide Decks, the Permission Granter couldn't experience certain things and therefore couldn't make as good decisions to grant permissions?

So in effect this remains a billionaire figure speaking from their own perspective and we're supposed to care?

it's easier for the 6-layers-removed CEO to convince themselves that "it's pretty much done" when seeing a shaky prototype vs. a powerpoint.

Nvidia, ByteDance, Tencent and OpenAI?! Wow!

Good, hearty group right there. But how about Palantir, NSO Group, Flock and Axon? Aren't they lending a hand too?

Always good to name drop a near universally hated group.

Which one? NVIDIA? OpenAI? Bytedance?

yes

It wasn't even that long ago that Trump fired the BLS Commissioner and nominated someone that would "restore GREATNESS" to the BLS.

Putting aside the slop facade place atop the data....why would we trust the data?