pcprincipal's comments

pcprincipal | 8 years ago | on: Ask HN: What tech companies do you invest in?

Biggest tech holdings:

- TSLA - same reasons mentioned below - NVDA - GPUs could eventually replace CPUs, machine learning / autonomous vehicles, data storage, great core business (gaming) - AMD - similar reasons to NVDA, Epyc is making waves and taking market share from INTC - AMZN - $1 of every $2 on the internet is spent here, AWS alone is probably a $100 BN+ business, they have their hands in every imaginable cookie jar - GOOGL - diversified play on ML, internet of things and more, search business is cash cow

Surprised at the index fund answers here. If you had invested in FAANG (Facebook, Apple, Amazon, Netflix, Google) stocks last 5 years, would have made a killing, and for people who regularly post on HN, all of these companies are regularly mentioned / cited as examples of superior engineering.

pcprincipal | 9 years ago | on: I spent two weeks delivering for Uber Eats and made $4.40 per hour

"Cheap" is extremely misleading here. The gig economy has known data points where it has worked extremely well for a large number of people working within the rules defined by the companies who created these services. I heavily recommend Brad Stone's The Upstarts[1] as proof of this idea. There are Uber drivers and Airbnb hosts who did all types of incredible things because of the freedom that was a direct consequence of the gig economy. Sure, Uber Eats may be a raw deal, but let's not castigate a huge sweeping idea that has changed the face of humankind probably for the better.

[1]https://www.amazon.com/dp/B01HZFB3X0/ref=dp-kindle-redirect?...

pcprincipal | 10 years ago | on: The Deals That Made Daily Fantasy Take Off

So it's perfectly kosher to list big-time "investors" when your company gives them free equity? I was always under the impression that MLB, NFL, etc. voluntarily ponied up to invest in DraftKings.
page 2