• 2 Posts
  • 197 Comments
Joined 1 year ago
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Cake day: June 12th, 2023

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  • Canadian here. If I call in, pick it up then yeah, about 10 is my general go to. They’re in my neighbourhood, I like them and I’ll spend more than that on an unnecessary beer without thinking.

    I’ve seen a lot of good places go under, I’ll do my small part to help keep places I like in business. Admittedly, while I’m not rich a few extra bucks here and there to people busting their asses isn’t a backbreaker. (Worked in kitchens, am not a hard enough worker for that ever again. Mad respect for those who do.)





  • If you buy a car and don’t use it, you’re in much the same situation. You have an expensive thing gaining you no value. At worst that money could be in your savings. I imagine a company could find more productive uses for that capital. (A decent chunk of capital mind you, Google paid about 10% of its annual profit for a pair of offices in 2018.)

    Sure, you could sell the car but you’re going to take a loss as office vacancy rates are at what I assume are historic highs (in Canada it’s about 17%).

    The more conspiratorial minded may also point out that most CEO level folks or board members are pretty likely to have a lot of their wealth tied into the market, a not insubstantial sum of which is tied to corporate real estate. A significant disruption there could cost those folks and their friends heavily. It’s a little conspiracy minded for me but also not so much so that it feels ludicrous.


  • A few things happened pretty quickly.

    During the pandemic, tech profits soared which led to massive hiring sprees. For all the press about layoffs at the big guys, I think most still have more workers than they did pre-pandemic.

    Interests rates soared. Before the pandemic interest rates were ludicrously low, in other words it cost almost nothing to borrow money. This made it easier to spend on long term or unclear projects where the hope seemed to be “get enough users, then you can monetize.” Once interest rates rose, those became incredibly expensive projects, so funding is now much more scarce. Companies are pulling back on bigger projects or, like reddit, trying to monetize them faster. Startups are also finding it harder, so fewer jobs.

    And of course, AI. No one is quite sure how much that’ll change the game but some folks think most programmers will be replaceable, or at least 1 programmer will be able to do the work of several. So, rather than hire and go through everything severance etc might entail, I think a lot of companies are taking a wait and see approach and thus not hiring.




  • Like everyone else says, depends what you want.

    If you can afford it, Vancouver is amazing (though, I am a biased Vancouverite.) In a good season, there are local ski mountains about 30 or 40 minutes from downtown, Whistler is a couple hours away. There’s awesome food all over the place, the underground scene is a blast and even some of the licensed etc venues can be pretty awesome. In the summer, everyone wants to be outside and if you’re into sporty stuff, there’s a boatload to do. The weather is generally pretty mild (though climate change is messing with that.)

    The transit system can be amazing, depending on where you live. (In the suburbs, like most other cities, it’s kind of trash.) But there are trains, rapid busses etc if you live near any hub. And of course, bike paths galore!