Berkeley CSUA MOTD:Entry 53412
Berkeley CSUA MOTD
2018/11/21 [General] UID:1000 Activity:popular

2009/9/29-10/8 [Finance/Banking, Industry/Jobs, Industry/Startup] UID:53412 Activity:moderate
9/29    So let's say I have some money, about $100k. What are some things
        I could do with it? What do you guys recommend?
        \_ Hookers and blow
        \_ Guns, ammo, MREs, to prepare for the coming apocalypse!
           \_ I am thinking about buying some gold.
              \_ Gold is a bad idea right now.  The inflation hedge is
                 already factored into the price.  There are other assets that
                 are also a good inflation hedge that aren't in a bubble.  Such
                 as real estate.  (The bubble there having just burst.)
        \_ quit your job, move back home, and do your own startup.
           Realize that the sooner you stop working for DA MAN, the
           less likely you'll run into mid-life crisis in your 30s.
           \_ I would like to start my own business, but probably not
              a startup.
              \_ So, like, restaurant would be in your opinion your
                 own business, but not a startup? A startup doesn't
                 necessarily mean a TECH company less than 100 person.
                 \_ Let's say I bought a McDonalds franchise, would that be
                    a startup?
                    \_ uh, no. If you don't know and don't care, it's
                       better than you stick to working for THE MAN.
              \_ What?
        \_ Wait a couple more months, then use it as down payment for a rental
           \_ This is on the short list.
        \_ Keep it in a savings account as a contingency fund and for
           a down payment for the next time you sell and buy a house?
2018/11/21 [General] UID:1000 Activity:popular

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2013/5/13-7/3 [Finance/Banking] UID:54676 Activity:nil
5/13    Does FDIC ever matter? How likely is it that your deposit of
        over $250k going to be screwed over in a major US bank?
        \_ Was Washington Mutual a major bank?
        \_ Was Washington Mutual a major US bank?
        \_ Hahahahahahahahahahaha. Good one.
        \- As with nuclear weapons, this insurance produces much of its value
2013/3/6-4/16 [Finance/Banking] UID:54620 Activity:nil
3/6     When I first joined my company, I got a sign-in bonus which was
        deposited into my savings account the first month. I also got my
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        account a few months later. However, neither entries show up on
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2009/10/29-11/3 [Finance/CC, Finance/Investment] UID:53483 Activity:kinda low
10/29   Hey troll that said that 2 CS profs should make $1M/yr...
        Most CS Profs make around $120K. Now it's your turn to talk about how
        if you're not wasting your money on fancy dinners and investing it all,
        you'd make over $1M on real estate and stock market investments.
        \_ Go back and reread and apologize. 1/4 != 1
2009/5/19-26 [Finance/Banking] UID:53014 Activity:nil
5/18    What's a good bank with decent interest rate for savings or MM?
        I'm looking for something that's not too inconvenient (with tellers
        within 20 miles of major cities) and with higher interest rates
        than BofA and Wells Fargo.
        \_ Isn't there a canonical approach to keep a small amount of money
           ~$1000 in a large bank with prevalent ATMs and keep the bulk of
2009/4/9-13 [Finance/Banking] UID:52830 Activity:moderate
4/9     Wife and I have about $5000 combined savings. We're poor. What's a
        decent checking or savings account to open?
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        \_ is a pretty good value. they almost always pay a pretty
           competitive rate. one of the account types offers limited
           check-writing and ATM fee reimbursements. the other doesn't, but
2013/1/16-2/17 [Industry/Startup, Finance/Investment] UID:54582 Activity:nil
1/16    Fred Wilson says you should focus on the cash value of your
        options, not the percentages:
        \_ Or at least, so says a VC trying increase his profit margin...
        \_ A VC wants to keep as much of the stock for themselves (and give
           as little to employees as possible).  That maximizes their return.
2012/12/21-2013/1/24 [Industry/Startup, Finance/Investment] UID:54568 Activity:nil
        Yahooers in Sunnyvale don't seem to average 170K/year.
        \_ Googlers average $104k/yr? Uh huh.
           \_ what is it suppose to be?
                 Google Sr. Software Engineer in Sunnyvale averages $193k in total pay,
2010/8/23-9/7 [Industry/Jobs] UID:53935 Activity:high
8/23    Job opportunity at the US District Court, Northern District of CA:
        Courtroom Technology Specialist
        \_ $54k/yr! Damn those overpaid civil servants!
           \_ it's really about 70k-80k yr if you factor in things like
2010/5/19-6/30 [Industry/Startup] UID:53840 Activity:nil
5/19    I'm working for an early stage startup, and they want to grant me
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2010/3/8-30 [Industry/Startup] UID:53744 Activity:nil
3/8     Hey guys, Piaw Na's book is ready! I got a copy and it's pretty
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        \_ He worked at 3 successfule pre-IPO statups.  Does anyone know how
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           \_ I am pretty sure that 90% of his net worth comes from Goog,
2009/12/3-26 [Industry/Startup] UID:53564 Activity:nil
12/2    Help. I've had several jobs and none of them seem to give me
        a good work-and-life balance. While this didn't matter when
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        where I really need that balance. What is your workplace like,
        and how do you reach a good work-and-life balance? P.S. I
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2009/11/28-12/8 [Industry/Startup] UID:53548 Activity:nil
11/28   A really cool fellow Soda CSUA'er is writing a book called "An
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        *for engineers*. Take a look at it and if you think it'll be
        helpful for you and/or your colleagues please share the link!
2013/4/23-5/18 [Industry/Startup] UID:54661 Activity:nil
4/23    Suppose you used to work at Awesome Corp that got acquired by
        Monsanto Corp. You're embarrassed about it and people now hate
        you by association. Should you put Monsanto on your resume? Or
        is it better to leave it out completely?
        \_ Awesome Corp 2008-present (acquired by Monsanto in 2010)
2013/3/13-4/16 [Industry/Jobs] UID:54624 Activity:nil
3/13    Worker's paradise: "a workplace free of VCs, MBAs, sales, marketing,
        biz dev, endless meetings;"
        \_ I love management and PMs, the more the better.
           \_ In my company the ratio of product managers to developers is
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2013/2/14-3/26 [Industry/Startup] UID:54604 Activity:nil
2/14    Media company reporter lies to get more viewers, gets caught:
        \_ Did the Big Oil pay the reporter to do that?
2013/3/1-26 [Industry/Startup] UID:54615 Activity:nil
3/1     Can someone explain to me why Groupon is a tech company?
        \_ It's similar to how Amazon and eBay are tech companies.
           \_ Amazon and eBay are *NOW* tech companies, they didn't
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