Deedy Profile picture
Sep 24, 2019 6 tweets 2 min read Read on X
1/ The Fairness of High-Skilled Immigrants Act, 2019, or #HR1044/#S386, which would've removed country caps on green cards in the US for Indian and Chinese nationals, particularly bringing the wait time for Indians from 150yrs to ~10...
2/ ... was blocked in the Senate by Sen. Dave Perdue after bipartisan support in the House. If you were Indian and moved to the US for an undergraduate degree in 2001, you'd be 36, have spent half your life in the country and not have a green card.
3/ You might be married with kids but if you lose your job, you might have to leave your family after paying for a college degree and 14yrs worth of usually fairly high taxes. Isn't that absurd?
4/ Despite being Indian, and a beneficiary of this bill, there are problems with this bill. One, most Indians in the backlog are not high skilled tech workers, but cheap outsourced labour from IT consultancies like Wipro and Infosys.
5/ Two, without a smoother cap removal transition plan, this would essentially flood the green card quota with Indians for the next ~10yrs, throttling competent candidates of other nationalities.
6/ If those two issues are fully addressed, I this bill will be unanimously favored and @sendavidperdue will let it pass and hopefully Trump will sign it!

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More from @deedydas

Jul 5
Why are 6' tall well-educated high earning men AND attractive women single?

Modern dating is in a crisis for everyone. It is one of the biggest problems of our time. Let’s break it down with data.

1. Women are more educated than ever, and prefer men the same or more.
Women are getting educated at higher rates than men (47% of women 25-34 have a bachelors vs 37% of men), yet strongly prefer partners of the same education level (81% of couples where one is college-educated have both college-educated). Few men meet this criteria.

2. Women make more money than ever, and prefer men who make more.
College-educated women in cities make MORE than men (women age 25-34 earn >100% of men in 22 large US metros including NYC and DC), yet data shows they are hypergamous, meaning they'd rather date men who make more than them (only 16% of heterosexual marriages have a female breadwinner). Data also shows that women save less than men of commensurate income, meaning the man's income becomes important to keep up their lifestyle if they ever want to purchase a house or settle down. Few men meet this criteria.

3. Women's standards are heightened by dating apps, which force filtering on criteria that are superficial and not long-term focused.
Women are in short supply in dating apps (74% on Tinder, 64% of Hinge is male), and confuse the hookup market for the marriage market. They apply selective filtering given the affordances of the apps (height, looks, education, age, race) and match with men who are "out of their league" and don't want to settle with them (median users message people 10-17%ile more attractive than themselves). When they do want to settle, this group of men self-select for being incompatible on another critical dimension like values, income or personality, leaving women unhappy with the result. Good men who fall short of the initial filter come across too strong and/or feel like a backup and find it hard to love a woman who he can sense is "settling" for him.

4. Social media has polarized both genders.
Both sides have false expectations around dating. For women, they're taught to never settle for less, be an independent girlboss, and that they don't need anyone short of perfection. Men are taught that the only women worth liking having perfect Instagram bodies, are told to date women with fewer sexual partners, that women want them for money, and the world today is just against them in every way. This makes many of them isolate and not enjoy women at all. They see less eye to eye moreso than ever on politics, opinions, and shared interests as a result. The gender “war” in Korea best exemplifies this.

5. Women take longer to find a long term match, but are seen as less attractive with age.
Because of 3, women often date around longer in their most appealing and fertile years. They see a rapid fall off in their own matches after 30 (data shows women desirability peaks at 18-22 while men climbs until 50), when it becomes a race to the bottom of the declining quality of suitors that are interested and their own declining standards: "I should've just been with that one guy from 5yrs ago." When they find a guy, they want to move quickly into marriage and kids which is often too aggressive for men. Although its supposedly taboo to say but men also prefer women with less former partners especially when choosing a spouse, which makes it more difficult for these women (data shows men willingness to commit drops sharply >8 sexual partners)

6. The world is global, and paths diverge more often than before.
Men and women both are increasingly ambitious and will move cities in search of better opportunities. Long distance relationships have lower survival rates, which consume a lot of prime dating years (40% of long distances fail, with an avg separation of 4.5mos).

7. Dating advice reinforces poor behavior.
All of this is exacerbated by people on both sides who are either in a relationship or single offering unhelpful advice like "just suck it up" or "try harder" which makes men and women cement their pre-existing habits. 20%+ of people <30 say their dating guidance primarily comes from TikTok / Instagram.

8. Ambitious women don't want kids more than men. The ones that do struggle to find partners that can afford it.
64% of women under 50 without children don't want kids vs 50% for men. Men often want kids in the former case or can't really afford them in the latter (median cost in metros is $25-32k/yr for a child and 36% of adults cite cost as the major reason for no kids). Either way, it's a bad situation.

Neither women nor men are at fault for this situation society has found itself in, and this post isn’t blaming anyone in particular. The cause is an intricate combination of the state of the economy, access through dating apps, social media and innate mating preferences. If we cannot talk
Read 4 tweets
Jun 29
This 67 page AI report on how 300 execs at software startups like Cursor, ElevenLabs, Sierra (revenue $10m-$1b+) use AI just dropped.

I read it all so you don't have to. Top 7 takeaways:

OpenAI is still the #1 model provider in the enterprise, but Claude is second.

1/10 Image
On AI spend.

Companies are spending more on data storage, processing and AI infra than inference and training (quite surprising to me)! Of course, AI talent is by far the most expensive line item.

2/10 Image
The most popular tools used to develop AI.

This is not a market map.

3/10 Image
Read 8 tweets
Jun 27
Venture Capital Compensation in the US

Many people kept telling me they don't know how VC comp works, so here it is, split by fund size, based on 2024 survey data, 500+ samples. Image
The reason the base (white) + bonus (yellow) doesn't add up to total (green) is because they're all medians, rounded.
To be very clear, the green large number is the total annual cash compensation and the carry percentage is received on a longer vest, usually 8 years, on 20%+ of the profit of the fund.

Often, firms externally call more employees partners but have internal leveling.
Read 4 tweets
Jun 26
We just dropped our consumer AI report today, surveying 5000+ US adults on how they use AI in their daily lives.

I read all 25 pages so you don’t have to. Here are the top 10 learnings:

Nearly 30% of people dating and half of personal coding projects use AI!

1/10 Image
1.8B users use AI every month but only 3% pay today, spending $12B on it.

2/10
Students, professionals and higher income users use AI the most.

3/10 Image
Read 11 tweets
Jun 8
No one talks about the real reason driving the ~500k tech layoffs.

Section 174 in the 2017 tax cuts turned engineer salaries from an instant tax deduction into a 5yr write off, causing billions in tax bills.

It even incentivizes offshoring R&D, which has a 15yr write off!

1/4 Image
The numbers are staggering:
— Microsoft: Paid extra $4.8 BILLION in taxes, fired 16,000+ workers
— Meta: Cut 21,000 employees (25% of workforce) after "material" tax increases
— Amazon: 27,000 layoffs concentrated in R&D teams
— Google: 12,000 cuts despite record profits

2/4
A software company with $1M revenue and $1M in engineer salaries suddenly owed $189,000 in taxes on ZERO profit.

Small, low margin companies got crushed the worst.

3/4
Read 6 tweets
Jun 8
Karpathy today said Cursor for Slides needs to exist.. but it already does.

When asked to "Create a detailed data-driven slide deck based on Google's recent financial filings",

It created a stunning 6 page deck with graphs, diagrams IN Google theme!

It's called Genspark. Image
It thinks about the plan of each slide, and it does this unique thing where it generates graphics in Python (matplotlib) and then moves the assets into a landscape static HTML website that it compiles into a slide.

Pretty neat tactic. Image
It allows pointed edits on slide elements with "Select to edit" and has a nifty drill-down Fact check tool too.

The few numbers I checked passed the sniff test too.
Read 4 tweets

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