We launched the world's first crypto index exchange-traded product on the Swiss Stock Exchange in November 2018 (ticker: HODL) and have plans for a lot more exchange-traded products in 2019. Our products run on our technology platform, using public blockchain to settle and clear public securities on a daily basis.
We believe in a future where everything is tokenized, and we are starting with tokenizing our own ETF in 2019 in addition to building the backend infrastructure for compliance, fund administration, and accounting necessary to operate not just our own products but other issuers as well. This is a rare opportunity to work on a crypto/blockchain product with a direct connection to a top ten global stock exchange.
Looking for software engineers excited about building this vision, in our office in New York for those authorized to work in the United States or Zurich for those with EU residency or work authorization.
Bloomberg is worth $50+ billion. They could afford Twitter.
Michael Bloomberg is worth an estimated $52 billion per Forbes. He owns 88% of Bloomberg the company, and nearly all of his wealth is wrapped up in the company. It's an extremely profitable business with $9+ billion in revenue.
It was worth ~$22 billion during the great recession, when Michael Bloomberg repurchased 20% of the company (rather brilliant timing, buying it from Merrill Lynch). That was a decade ago.
In all seriousness, as savvy as Bloomberg has been throughout his career, I'd expect him to wait until valuations plunge again, before making any big moves. I also wouldn't expect them to bother with Twitter.
He's a signer to the giving pledge. At nearly 76, he's no doubt facing a serious decision about what to do with his company. I'd expect either a public listing, or a sale to a large financial firm (JP Morgan etc).
Why do you not think the world needs SMBs over larger corporations with more resources? Are there any economic study or more academic writings on this topic. I'd be curious.
This is merely because of the structure that has been dominate for organizing large corporations. It is authoritarian heirarchy, which is essentially the kings of old. We need new ways of organizing our companies, new ways of empowering the employees, and better ways of distributing and holding the value of the company among more equal ownership proportions. This is a tough sell, but I think this period of history will go down as a dark age of freedom in the private sector and the next age will be the empowerment of individuals as the owners and decision makers in large organizations.
I agree with you about the authoritatianism in large corporations currently, but what makes you think the future will be more free?
The internet looked like it might help for a while, but it's currently being constricted by the ISPs and corporations like Facebook and Google, while more and more data is being tracked about each person at every moment. Authoritarianism broke down many times because you couldn't track what everyone doing and eventually someone managed to make a plan to fight against you. Information technology is just making it easier for authoritarians to maintain control
If you take solar arrays as an example, someone needs to do the build out. That someone is likely to be a local or regional company that hires local workers. Planning and construction accounts for a significant fraction of project costs as materials costs have plummeted, so this is money that ends up being recirculated in the local economy. Of course there will be large companies in the mix, but there won't be a network effect that results in one company owning the whole industry like Facebook, which is a good thing.
That doesn't make much sense. A good comparison would be to look at big Telecom. A handful of large companies both build out the infrastructure and then sell their services to the public. Why would building energy infrastructure be any different?
I genuinely don't understand the criticism. You don't find or enjoy working 70-90 hours healthy? That's your view and you likely shouldn't apply for this position.
Even assuming this is crazy, what's wrong with crazy people recruiting similarly minded crazy people? It's most obviously not a fit for anyone who wants to work 40 hours or wants to see their kids or whatever, but for those, there are plenty of other jobs. I just find it crazy that because of your personal views on work-life-balance, you expect Ng to have to change his desires for you. That seems wrong to me imho.
All I can see are the economics of it. If he was paying his engineers $600,000 / yr in compensation for all the overtime they're working, I would have no trouble with the arrangement.
However, software engineers rarely get any form of compensation for extra hours work outside of small vanity bonuses. This is just someone looking to take advantage of the fact they can get free labor out of their employees by "encouraging" them to work an extra 30 to 40 hours a week.
I, personally, criticize it because I consider it to be abuse. The individuals hired for these kinds of conditions are typically underpaid and overworked, and come out of it burnt out and hating their profession.
EA did this, and were successfully sued for it. The consequences for their actions were greater than just being sued, however; an entire generation or two of game developers were burnt out on their passion and moved away from the gaming industry.
You can satisfy your curiosity trivially by looking for cross-currency Bitcoin volume stats and looking for the JPY volume. This will avoid me having made directly critical remarks of a Tokyo startup; that is, for a few reasons, something I am careful about doing.
Some combination of "I am an optimistic guy and like seeing the good in everyone", "This is, like Silicon Valley, a very small town where everyone knows everyone and where making friends is higher expected value than making enemies", "There exist people / organizations I care about which gain or lose karma in proportion to myself and I feel responsibility to not damage their interests", and "I can be trivially deported."
Also not on topic, but just an hour ago on prime time Japanese TV there was a Bitcoin ad. It appears some Tokyo based btc exchange is generous enough to run ads for the good will of informing regular people of how btc is the future of money.
We launched the world's first crypto index exchange-traded product on the Swiss Stock Exchange in November 2018 (ticker: HODL) and have plans for a lot more exchange-traded products in 2019. Our products run on our technology platform, using public blockchain to settle and clear public securities on a daily basis.
We believe in a future where everything is tokenized, and we are starting with tokenizing our own ETF in 2019 in addition to building the backend infrastructure for compliance, fund administration, and accounting necessary to operate not just our own products but other issuers as well. This is a rare opportunity to work on a crypto/blockchain product with a direct connection to a top ten global stock exchange.
Looking for software engineers excited about building this vision, in our office in New York for those authorized to work in the United States or Zurich for those with EU residency or work authorization.
Please contact us at careers@amun.com