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shenoybr's comments

shenoybr | 1 year ago | on: Launch HN: Double (YC W24) – Index Investing with 0% Expense Ratios

For a large, highly liquid ETF like SPY, it’s easy to rapidly unwind a position at a very tight spread. How does Double’s approach—directly holding the individual underlying securities—compare in terms of market liquidity and transaction costs, especially if I need to quickly liquidate my portfolio or adjust my positions?

shenoybr | 2 years ago | on: Mautam

Mautâm is a cyclic ecological phenomenon that occurs every 48–50 years in the northeast India. It begins with a rat population boom, which in turn creates a widespread famine in those areas.

shenoybr | 9 years ago | on: Why Friday's Massive DDoS Attack Should Be Terrifying

It mattered for people on the East Coast. Where I am (New York), we couldn't access Github, Twitter, Paypal and many other services. To make matters worse, AWS us-east region was configured to use Dyn. Therefore, many applications that depended on it (and on Heroku) were down. At my workplace, we had to reconfigure DNS for our own applications even though we didn't directly use Dyn. It really was a big deal.

shenoybr | 11 years ago | on: Make in India

Its a campaign by the PM of India to encourage companies to 'make in India' and hence the website name. Of course we all know the label 'made in Xyz', but they probably chose the name based on the campaign name.

EDIT: But I agree that the website fails to clearly state its objectives and provide information to people on how to navigate the ubiquitous red tape.

shenoybr | 11 years ago | on: Breaking up with America

While I've heard this argument over and over again that H1Bs are cheap labor, there is little hard evidence to support this. And while I agree, that there are cases of US visas (any visa, not just H1s) that are abused, generalizing the H1Bs as cheap labor is going too far. I speak from my own personal experience.

shenoybr | 11 years ago | on: Ask HN: How do you transfer money internationally?

1) You could opt for a plain old wire transfer between accounts, I think the banks charge $15 for that, but its almost immediate. 2) Or you could deposit the check in your Canadian bank account. Although, in this case you'll have to wait for the banks to clear your check. 3) Or if you have a bank account in the US, you could use an online service like Xoom. https://www.xoom.com/canada/send-money

shenoybr | 11 years ago | on: Are We Welcome Entrepreneurs or Unwanted Criminals?

Its not straightforward to acquire US citizenship. There are many hurdles to be crossed, for example, moving from a Student Visa to a work visa like an H1-B, after which your employer can to apply for your Permanent Residency (which again is a long process depending on the country you are from) and then you have to wait 5 years before you can apply for Citizenship. You may be able to apply for permanent residency based on relatives in the US or apply for asylum, and I'm assuming the author couldn't use any of the latter methods to get a green card.

shenoybr | 12 years ago | on: The next version of DuckDuckGo

It is really beautiful. The minimalistic user interface is much more usable now. And the results for some test queries I ran were pretty good. Great work! I'm going to switch my default search engine for a few days and see how that goes.

shenoybr | 12 years ago | on: Spouses of H-1B Visa Holders May Soon Be Allowed to Work in the U.S.

Thing is, its not even ethnicity that decides the cap. Its 'place of birth'. If you are an Indian citizen, born in the UK, you get to skip the Indian line.

Still, I see no basis for discrimination based on place of birth, ethnicity, race, caste, creed, color etc. when I can do my job right and be good at it. I would agree that if it were a lottery or family based immigration, such caps could prevent chain immigration. However, employment based visas having that cap makes absolutely no sense and blatantly discriminates.

shenoybr | 12 years ago | on: Spouses of H-1B Visa Holders May Soon Be Allowed to Work in the U.S.

When employers hire workers, the birthplace of the worker is irrelevant. For people with the same qualification and experience, why would you discriminate between someone from Ireland, UK, India or China. For you it should be the same, and it is illegal to consider otherwise. Now, why doesn't this extend when converting them to a permanent visa?

shenoybr | 12 years ago | on: Spouses of H-1B Visa Holders May Soon Be Allowed to Work in the U.S.

'certain' in this context means: those H1B holders who have completed 6 years of the original visa term. They are compelled to either wait and languish in line, or go back home where their spouse can work.

Edit: Not sure why I got downvoted. I was just paraphrasing the reasons given in the proposal. Its not an opinion. Don't shoot the messenger. See http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=20131...

shenoybr | 12 years ago | on: Spouses of H-1B Visa Holders May Soon Be Allowed to Work in the U.S.

The proposal does not give a blanket approval for spouses of H1-B workers to work. It only allows spouses, for those H1-B holders who have maxed out the original 6 years on their visa and are now awaiting their turn in line for Green Cards (which for India and China is ridiculously long).

But it still is progress.

I'd hope they remove country based discrimination in EB visas. And better yet pass immigration reform sooner rather than later.

Edit: Here is the link to the original proposal: http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=20121....

shenoybr | 12 years ago | on: Ask HN: How many H1B holders here taking the H4 "punishment"?

In my case, I had my wife enroll in a graduate program rather than wasting 6 precious years of her life. Promptly, I had her switch from H4 to F1. So effectively, I've just kicked the can down the road. It remains to be seen what will happen once she graduates and the OPT runs out.

The US govt and Congress are apathetic in resolving this issue. On a more hopeful note, recently, there has been some noise about allowing H4 visa holders to work after the H1-B holder has completed 6 years[1]. The commenting period closed recently. It remains to be seen how, if and when, USCIS will implement this rule.

[1] http://www.reginfo.gov/public/do/eAgendaViewRule?pubId=20121...

shenoybr | 12 years ago | on: Do Workplace Wellness Programs Save Employers Money?

Correct me if I'm wrong, but takes a very narrow view when it says ROI on Health Care costs. I think they overlooked the possibility that healthier employees (and employee's family) could help provide an ROI in terms of productivity?
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