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But could today's programmer even learn COBOL?

http://web.archive.org/web/20050214210251/http://objectz.com...

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> by selling the IPO at 4x of what it should have been priced, Zuck showed that he is a brilliant CEO

Keep telling yourself that.

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Growing company?

http://articles.businessinsider.com/2012-05-07/tech/31602869...

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From the article:

"The danger, Ritholtz said, is that the drooping stock price could tag the company itself with a "stink of failure" that could make advertisers less willing to use Facebook."

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polyfractal 610 days ago | link

This is such crap.

I don't decide where to spend my advertising dollars based on the company's stock price. I do a trial run and see if the CTR and conversions come under my customer lifetime value. If it does, then I pump more money into the ads. No where does stock value come into the equation.

I couldn't care less if the company is dieing - as long as I'm gaining more money (in terms of LTV of new customers) for less money than I'm spending on ads, it's a win to my business.

If the company goes belly up...well I just move my advertising budget somewhere else.

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"Decisions made by interns" = probably why FB is constantly raping user privacy. I hope.

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Really?

http://www.kurzweilai.net/this-is-what-wall-streets-terrifyi...

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reverend_gonzo 618 days ago | link

What's your point?

That shows that volume increased. Which means higher competition between market makers resulting in smaller bid-ask spreads and higher liquidity, meaning the market can correct itself much faster.

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nlz1 618 days ago | link

You're naive or outright lying if you think that all HFT firms are simply doing what earlier generations of traders did, just "faster."

http://www.nanex.net/aqck2/3528.html

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geocities.com sites are still there???

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Wohlf 619 days ago | link

Exactly what I was thinking. It must be a graveyard of autoplaying music, hit counters and flashing graphics.

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TazeTSchnitzel 619 days ago | link

I thought Yahoo took it down a while ago?

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warmwaffles 619 days ago | link

came here to say this. The article was good, but geocities?

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jwz said the same thing: http://www.jwz.org/blog/2011/11/watch-a-vc-use-my-name-to-se...

> What is true is that for a VC's business model to work, it's necessary for you to give up your life in order for him to become richer.

Let's get a movement going here.

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nlz1 645 days ago | link | parent | on: The Crazy World of Code

Just use mod_perl. Duh!

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Excellent use of icon art on http://jodd.org/

Why do we need another Java framework?

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