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Joined 1 year ago
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Cake day: July 3rd, 2023

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  • Now now, he’s not lying lying, he’s just really into “alternative appraisal and accounting methods”. Kinda like that aunt who does her own research and swears by essential oils and homeopathy, but with money.

    Let me give you an example. Let’s say that I have a truck load of coarse sand, like 25 tons. I manage to sell a single 10mg grain of sand for 1 USD. By appraising my sand based fortune on this single data point, I could claim that a gram is worth 100 USD, thus I have 2.5 billion USD tied up in sand. We both know that I obviously can’t liquidate my sand for that amount, but that doesn’t matter, because all I need is to convince a bank that my appraisal is sound and then use the sand as collateral for a 100 million USD loan. Some of that loan I’ll further invest in the sand business, after all it’s booming. More sand equals more collateral, and seeing as one bank was satisfied with my collateral, then I will be able to get other banks in on it too. And now I can live like a billionaire, all because I have invested in coarse sand. And if the banks figure out that I’m full of it, then what are they going to do? Take me to court and look like idiots for buying into my sand appraisal? And risk bankruptcy as it’s revealed that the collateral the bank has for its lending business is worthless? Better to keep quiet and prop up the sand mogul.



  • If you think this is bad, then you haven’t tried navigating the MS academic offerings. Over the last 10 or so years, I think it’s been called “dreamspark”, “imagine”, “MSDN Academic Alliance” (I liked this one, it actually made sense), “MSDN AA”, and now “Azure Dev Tools for Teaching” or “adt4t” when talking with support.

    rant mode ON

    Everytime the name is changed, it seems something else changes (OK it’s a new product) and the way to access installers and activate it differs. I just want to teach, but every couple of years I have to spend days trying to figure out how to get my iso’s and how to renew the subscription. A couple of years ago, and mind you this was after I had had an active academic relationship with Microsoft for 8 years, and my predecessor even longer than that before me, we had to submit invoices proving that the school owned the domainname for our emails and website, as well as a letter from the ministry of education that we were licensed to teach this course.

    The support staff is very professional and helpful, and we’ve always been able to resolve renewal issues. But each year we have to go through the process of getting through a maze of support pages linking to chatbots, to find the correct form to contact support. I think the link to support form had the text “Beware of the leopard”.