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https://blog.xiangpeng.systems/posts/system-researchers/

写了一篇非常 offensive 的 blog post,包含了对近期 deepseek, NSF funding 和整个 research community 的思考。有点长,也会引起很多人不适,慎点。

我一直以来都认为 NSF 对 system research 弊大于利;但重点并非政府该不该为自然科学花钱(当然应该!),重点在于这笔钱有没有被可问责的方式分配。

最后推荐一本书,我看了受益匪浅 The Unaccountability Machine: Why Big Systems Make Terrible Decisions - and How The World Lost its Mind



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https://blog.xiangpeng.systems/posts/system-researchers/

写了一篇非常 offensive 的 blog post,包含了对近期 deepseek, NSF funding 和整个 research community 的思考。有点长,也会引起很多人不适,慎点。

我一直以来都认为 NSF 对 system research 弊大于利;但重点并非政府该不该为自然科学花钱(当然应该!),重点在于这笔钱有没有被可问责的方式分配。

最后推荐一本书,我看了受益匪浅 The Unaccountability Machine: Why Big Systems Make Terrible Decisions - and How The World Lost its Mind

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Telegram hopes to raise $1bn with a convertible bond private placement

The super secure UAE-based Telegram messenger service, developed by Russian-born software icon Pavel Durov, is looking to raise $1bn through a bond placement to a limited number of investors from Russia, Europe, Asia and the Middle East, the Kommersant daily reported citing unnamed sources on February 18, 2021.The issue reportedly comprises exchange bonds that could be converted into equity in the messaging service that is currently 100% owned by Durov and his brother Nikolai.Kommersant reports that the price of the conversion would be at a 10% discount to a potential IPO should it happen within five years.The minimum bond placement is said to be set at $50mn, but could be lowered to $10mn. Five-year bonds could carry an annual coupon of 7-8%.

Telegram Be The Next Best SPAC

I have no inside knowledge of a potential stock listing of the popular anti-Whatsapp messaging app, Telegram. But I know this much, judging by most people I talk to, especially crypto investors, if Telegram ever went public, people would gobble it up. I know I would. I’m waiting for it. So is Sergei Sergienko, who claims he owns $800,000 of Telegram’s pre-initial coin offering (ICO) tokens. “If Telegram does a SPAC IPO, there would be demand for this issue. It would probably outstrip the interest we saw during the ICO. Why? Because as of right now Telegram looks like a liberal application that can accept anyone - right after WhatsApp and others have turn on the censorship,” he says.

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