Yeah, this article is quite funny in the context of today's men's tennis landscape, where an entire generation of players (90s born) were effectively blocked from the big prizes by being sandwiched between two generations of all time greats. Money is obviously an important factor in the growth and development of most athletes, but the article seems to be downplaying the importance of inherent talent and ability in sport.
> most of the credit for a huge company's success goes to the CEO who gets 100X the salary of a regular worker while delivering usually pretty much nothing
Well, in Confluent's case I'm not so sure that's true given that their CEO is also the company founder as well as one of the original authors of Apache Kafka.
They've not yet clarified whether the visa fee is applicable to a change of status from within the U.S. which is used by people on other non-immigrant visas. The most common one being the student pathway transitioning from an F-1 visa after graduating.
Everyone has to start somewhere, but if you don't know what ZIRP stands for you just don't have the fundamentals/haven't taken enough interest in economics to participate in a conversation related to macroeconomics and posting grumpy comments out of ignorance won't help you. You're going to have to read up on it.
Although FWIW you probably aren't a bot, an AI would likely know all about ZIRP.
I recommend against books; they're expensive and typically the page count is too high for the number of ideas unless you are really interested in the academics of it. I get a lot more out of Wikipedia [0], blogs and YouTube (although the quality of information on YouTube is typically low).
That being said, if you want some recommendations I'd suggest Tyler Cowen [1] as a good clearinghouse for topical ideas and John Cochrane [2] as an interesting read. I picked an article from the last 7 days where you can see the ZIRP in the graphs, it is all the points where US Fed Funds rate was at 0.
It really wasn't, but it did assume the audience was familiar with a specific bit of discourse about, well, ZIRPs. In particular that when debt is super cheap, companies can afford to do a lot of things that would be stupid when capital comes at a higher price. Which generally seems to have been true about a lot of SV companies.
