> How do you not run out of capacity and just have to say no?
I don't know the answer to your other questions but EC2 can and often does refuse our run instance requests because they don't have the resources available in the AZ we've requested.
> The end result is that for doctors whose residency and subsequent career begins by working at nonprofit hospitals, the government will end up forgiving the full amount of their medical school tuition, usually plus a little bit of interest. Med schools know this, and actively promote these programs as a way for students to justify going into unbelievable levels of debt.
So we get more doctors that work in hospitals that aren't motivated by profit and you make it sound like a bad thing.
We also get completely unrestrained tuition growth, which is really the core problem. And we forgive hundreds of thousands of dollars in debt to professionals earning 10x the median income.
My SO is a resident at a non-profit in an east coast city. I'm not "kidding myself".
I made no claim that non-profit hospitals aren't enormous businesses so I'm not sure what your link is proving. Though to me that link does actually make the point that we should have more non-profit hospitals, imo.
2 more points:
1) You are grossly over exaggerated the compensation of doctors after residency in non-profit hospitals. Of course they do make more than the median income but it is no where near 10x.
2) I think you should consider what the benefit of a) having non-profit hospitals and b) loan forgiveness programs for doctors at non-profit hospitals is.
"Hospital employment: Hospital employment can be a good option for orthopedic and spine surgeons who want steady hours, guaranteed income and relief from the administrative duties associated with running a private practice. Hospital employment also guarantees an immediate patient base, which can be difficult to build from the ground up in a private practice.
"One of the interesting thing hospitals have been doing for employed physicians is paying a wage to a new graduate that are substantially higher than what they would make in private practice for the first year or two," says Dr. Ott. "So they capture many of the new graduates. While they may be spending more on the professional services side, they recoup hospital charges when these surgeons bring patients to the facility for surgery or diagnostic testing."
For general orthopedic surgeons, the starting salary is $500,000 with a sign-on bonus at $35,000, according to the "2011 Orthopedic Recruiting Trends & Starting Salary Overview from Orthopedic Recruiting Group. Hip and joint on average receive $597,000 salary and $50,000 sign-on buns, while spine surgeons receive $452,000 salary and $40,000 sign-on bonus."
Right so you have a few options there. 1 being getting rid of the incentive to work for a non-profit or another being to increase the size and number of medical schools. I know which one I'd prefer.
My preferred solution is actually to force the original beneficiaries of the debt origination to carry a "lowest priority" fraction of it for the duration of the loan - somewhere from 5-20% should be sufficient. Once schools need to carry responsibility for the full repayment of the student loans, they'll have an incentive to minimize the size of the loans.
Firstly, the most profitable hospitals are nonprofit. Secondly, it would probably be cheaper to hire them at market rate as opposed to paying off their loans.
I work for a well known software company on a SaaS product. We've been using Docker in production for around 2 and a half years, and started integrating with docker in earnest close to 3 years ago. We were mostly drawn to the ease of creating resource isolated processes. We run in AWS on our own brain dead "orchestration" system but we are looking to use something purpose built soon.
To give a sense of scale we have over 1000 containers running at any given time and go through ~15k per day since our containers don't live for very long.
I'm not sure what press is mixed but the industry as a whole has certainly embraced containers. I'd be suspect of any press that determines containers are vaporware and not worth the time.
If you are going for Hsq institutions Grendel's Den should really be on that list, they've been around more than 40 years and even won a case that went to the supreme court.
It's great for me to hear that Grendel's is still there. I used to love to go there for their Sour Cream Chocolate cake.
I don't imagine Elsie's diner is there (and also Tommy's). I loved to get bagels at Elsie's of a morning, knowing that the bagel would be infused with whatever else was on the grill that morning.
Two quick questions: Of the investments Initialized has made, what percentage of them are non-YC alums? Of those, how did they connect with Initialized? Cold email, warm intro, etc?
About 1 out of 3 startups from our last fund were not YC. Many came from warm intros, but a few I scouted and found myself. I went out and recruited Bannerman to YC personally (they're focused on security, which fulfills a key role on Maslow's hierarchy of needs), for instance, and then later invested afterwards.
Cold inbound emails haven't worked well for me, but that's where software down the road should help.
so a quick follow up: how many startups of the last round were not located in SF? Sometimes as a non US citizen it seems like the whole startup world is all centered in SF...
SF/SV is still the most concentrated place for startups, so when you want to grow fast it's still probably the most concentrated place for talent and capital. You can certainly start a company anywhere (and people are, and that's great!), but when you want to grow fast many people still move here, now increasingly at the Series A.
I love the bay area. Worked at startups there off and on for over twenty years. But it's precisely because its the center of the universe that when I start my next company, I'm going to do it somewhere else. I do love it there though.
If users can issue arbitrary commands on an instance then that instance should have zero Iam roles and should delegate actions to services running on separate instances.
The instances hosting our users go a step further and null route Metadata service requests via iptables.
It isn't just about users, its also about malicious software you may accidentally install, if for example a library you use is compromised as has happened before with Ruby gems.
It'd be sort of like removing all of the kelp from the worlds oceans. It'd have ripple effects on other species that we wouldn't want to negatively affect.
People have studied this. While you have to take these theoretical "what if" studies with a grain of salt, some believe that eradicating mosquitos would not affect ecology in a major way:
I'm now at negative points for bringing up a point that is validated by quoted experts in your cited source. (Which btw, uses a lot of "cover my ass" wording when talking about wiping out a species found all over the globe)
I've gotten malaria on a trip to west Africa, I've had to get yellow fever vaccines, i grew up in areas with west nile, etc I understand the impact it has on humans. However, there is more to the mosquito than the little insect flying around biting us. Their eggs and larvae play a huge role in the ecosystems they inhabit.
> I'm now at negative points for bringing up a point that is validated by quoted experts in your cited source.
I think it's hard to justify drawing an equivalence between exterminating mosquitoes, which scientists have studied and broadly believe to be safe, and removing most of the plant matter from the oceans. I would not have downvoted you, but it's not hard to understand how you ended up there.
I thought the same thing. Then I read that there are several thousand different species of mosquito, and only about 6 of them bite humans. We are not eradicating the mosquito, rather a very specific sub population; Aedes aegypti.
They are in fact the deadliest animal on the planet and unequivocally deserve complete eradication.
This has been pretty extensively studied. There's always the possibility the science is wrong, but the consensus is there will be very small or no ecological impact[1]. It's certainly nothing like removing all the kelp from the oceans. Meanwhile roughly a million people die every year from mosquito-borne diseases and three quarters of a billion people get sick[2].
I hobby garden and also grow greens hydroponically. Greens are > 95% water weight. I think tomatoes aren't far behind.
when I first started with hydroponics I was amazed at how little fertilizer/nutrients needed to be added to the system to produce the volume I was producing.
I think with traditional farming a lot of fertilizer is lost to the environment which isn't so in closed hydroponic systems.
I am also looking for someone to spoonfeed me information on random topics that momentarily take my fancy. Let me know if you find someone like that. I want to be their friend.
The general case is CEOs are part of the management club, a club that protects itself much like a trade union.
CEOs fail all the time, and they aren't shunned but rewarded with golden parachutes and positions on boards of other companies, biding their time until they can "come off the bench".
The management club is something to be admired and I wish engineers would try to adopt some of its behaviors instead of viewing ourselves as mercenaries.
This is exactly it. When you're recruited (and you're always recruited - it's super rare to have a C-level position open on the website and submit a resume to) to a firm as an exec you have (generally) tremendous leeway to negotiate your own contract, exit criteria, etc.
Yes, the board provides a starting point, but it's much more collaborative negotiation - and you (as the incoming exec) are gonna negotiate based on the criteria I mentioned. It's not at all like an IC where you basically get a "take it or leave it, plus a few % more on salary if you push back" offer. It's a different universe.
Is it fair? I dunno. The "intrinsic value" argument doesn't really apply - the CEO is worth $10M/yr if the board thinks they are.
No, it's that we are too idealistic and are turned off by the messy, immoral greater world in which the management club makes their money. We want things to be beautiful and fair and so we spend our time constructing abstract fantasy lands in miniature.
The great irony, of course, is that the messy and immoral world intrudes even there because rational idealists can't find consensus and are subject to the biases that require conventions, institutions, politics and regulation just like the legal and business worlds.
If we were rational you might say we chose "playing with fun toys" over "controlling thousands of people and millions of dollars, and influencing millions of people and billions of dollars". Perhaps, for some people, that is indeed the rational choice if you don't really trust yourself.
I don't know the answer to your other questions but EC2 can and often does refuse our run instance requests because they don't have the resources available in the AZ we've requested.