Michael Soares

19.1K posts

Michael Soares banner
Michael Soares

Michael Soares

@soarescode

Retweeted memes, beer, Tesla, complaints, software, and fintech/payments. @uwaterloo @chime 🇨🇦

Los Angeles, CA Katılım Haziran 2009
733 Takip Edilen766 Takipçiler
Michael Soares
Michael Soares@soarescode·
@sm Plenty of eggs in LA… ¯\_(ツ)_/¯ Even at mostly normal prices at TJ’s and Costco.
English
0
0
0
100
Sara Mauskopf
Sara Mauskopf@sm·
Everyone who is complaining about the price of eggs — how? I have not been able to find eggs in any grocery store.
English
11
0
10
2.2K
Michael Soares
Michael Soares@soarescode·
@EZebroni How long does it typically take you to turn over a car when it's in this condition?
English
1
0
0
126
Michael Soares
Michael Soares@soarescode·
@maiab Everything in California causes cancer. 😂 Did you move? 👀
English
1
0
0
152
Maia Bittner
Maia Bittner@maiab·
this is very weird - I changed my address from Washington state to Los Angeles and I can no longer buy some dishwashing brushes on Amazon
Maia Bittner tweet media
English
6
0
8
3K
Michael Soares
Michael Soares@soarescode·
@alex_gayer All of this seems about right. I did a roundtrip cross-country drive a couple of years ago. Stats attached. My total charging time is high because I’d take advantage of the charging breaks to do work in between.
Michael Soares tweet mediaMichael Soares tweet media
English
0
0
0
115
Alex Gayer
Alex Gayer@alex_gayer·
Here are my statistics: Trip Miles: 3,605 Total kWh: 1310.58 Wh/mi: 363.55 Total spent charging: $421.84 Avg. Cost per mile: $0.12 Avg. Cost per kWh: $0.32 Total Time Spent Supercharging: 10 hours 58 minutes (did not include destination charges)
English
150
57
3.1K
749.6K
Alex Gayer
Alex Gayer@alex_gayer·
Just took Model Y on a 3,605 mi road trip. Wanted to see what the worst case might look like for charging costs. 5 passengers total, fully loaded frunk and trunk, we drove as fast as conditions allowed and hit several rain storms, used heavy A/C, kids playing video games from the
Alex Gayer tweet media
English
1.5K
837
16.7K
9.1M
Michael Soares
Michael Soares@soarescode·
@pitdesi Ugh, fine, you sold me, Sheel. I guess it's worth a hard pull.
English
1
0
0
94
Sheel Mohnot
Sheel Mohnot@pitdesi·
Wowwwww Everyone in fintech has been saying that the Bilt credit card ($3.1B valuation) is too good to be true; How can you get cash back on rent payments? Turns out they have an unsustainable deal with Wells that is losing the bank hundreds of $millions. Wells made a number of incorrect assumptions in their underwriting. They assumed that it would be a top of wallet card for renters who carry balances. Instead, a lot of savvy consumers (myself included) use the bank for the minimum required to collect the rental points. Wells assumed that 65% of card-purchase volume would be non-rent, generating interchange-fee revenue. The reality is inverted... most of the volume is rent payments on which they don't earn much. Wells also assumed that 50-75% of the balances would be revolving, earning them interest. The reality is they mostly have cardholders like me who don't carry a balance - only 15-25% are revolving. Wells is paying 0.8% to Bilt on rent payments, even though the bank doesn't get interchange on them. Wells has a massive mortgage business and thought that they'd be able to cross-sell mortgages when the renters become homeowners but that hasn't panned out. Kudos to Bilt for negotiating a killer contract that doesn't expire until 2029... but I wonder what the future looks like after that. Wells says they won't renew it as-is. In the meantime - it's a great card... pay your rent via the card and make 5 other transactions a month to get 1% back on your rent.
Sheel Mohnot tweet media
English
220
594
7.5K
2.8M
Michael Soares
Michael Soares@soarescode·
@Waymo How can I get my hands on an invite for SF? I’ve been here all week and really want to ride. 😩
English
3
0
1
218
Michael Soares
Michael Soares@soarescode·
@maiab I’m an engineer that worked on Words With Friends, and I’m tired of building ledgers. Am I the outlier? 😂
English
0
0
1
100
Maia Bittner
Maia Bittner@maiab·
every PM wants to create an app to meet up with friends and every engineer wants to build their own ledger
English
3
2
36
3.8K
Sheel Mohnot
Sheel Mohnot@pitdesi·
A founder pitched us today & brought cards from all of the accounts he opened for research purposes (~100 😬) He is reducing the cac and LTV for every fintech company out there.
Sheel Mohnot tweet media
Patrick McKenzie@patio11

Bank: Can you get us account statements of all of your bank accounts to underwrite the mortgage? Me: *sigh* And this is why collecting checking accounts is eventually a painful hobby. Bank: What. Me: What. Bank: How many are we talking about? Me: I have cut down recently. Only 40

English
35
18
452
250.4K
Greg Linares (Laughing Mantis)
Greg Linares (Laughing Mantis)@Laughing_Mantis·
Worst hacking scene in movie history? Independence Day You are telling me a single scientist reverse engineer an alien ship hardware and its OS in a single night and it just happens to be compatible with MacOS 7.6 and PowerPC architecture? Also this virus wtf? GTFO man
Greg Linares (Laughing Mantis) tweet mediaGreg Linares (Laughing Mantis) tweet mediaGreg Linares (Laughing Mantis) tweet media
English
101
78
1.6K
167.7K
Alan of TesCalendar 📆⚡️
Alan of TesCalendar 📆⚡️@TesCalendar1·
Was getting some great efficiency in our trip: OH ➡️ Niagara Falls via the 401 so I decided to push it and skip the London SC and go all the way to the one in Brantford. A wicked 445km run with a fully loaded Model Y long range. Went from 99% to 1% (6km) SOC upon arrival. People saw EV’s don’t have enough range. We just went over 4 hours, 275 miles, stopped for dinner with dog mode on, and sat for 25 minutes to get through customs with the AC blasting. Tesla’s are road tripping machines!
Alan of TesCalendar 📆⚡️ tweet mediaAlan of TesCalendar 📆⚡️ tweet mediaAlan of TesCalendar 📆⚡️ tweet mediaAlan of TesCalendar 📆⚡️ tweet media
English
16
3
90
19.6K
Michael Soares
Michael Soares@soarescode·
@pokertrader829 @TesCalendar1 No, because what I’ve been saying from the start is that in order for it to be possible, you have to go less than the speed limit, and I know those stretches have a 70+ limit. I’ve done it many times.
English
3
0
0
22
It is what it is...
It is what it is...@pokertrader829·
@soarescode @TesCalendar1 i only have 1 stipulation, you cannot go less than speed limit if there are no cars around. I am DEAD Fn serious, lets get the terms of this conract laid out then we can find a middle man escrow to hold the funds....?
English
1
0
0
25
Michael Soares
Michael Soares@soarescode·
@pokertrader829 @TesCalendar1 Again, it’s doable, just depends on a lot of factors. Here’s a route consisting of a driving speed of 65 mph and efficiency of 290 Wh/m with no charge stops. Note the car also has a reserve of about 5 miles of range.
Michael Soares tweet media
Montréal, Québec 🇨🇦 English
2
0
1
41
It is what it is...
It is what it is...@pokertrader829·
@soarescode @TesCalendar1 I am willing to bet any amount of money you cannot make it in 1 charge on any model Y. From anywhere that is more than 280 miles away...
English
1
0
0
83
Michael Soares
Michael Soares@soarescode·
@pokertrader829 @TesCalendar1 You must be bored if you’re lurking Twitter replying to 10-month old threads spreading FUD. LA to Vegas on a single charge is possible, just not advisable. But it also depends on the weather, your driving habits, traffic, WHERE in LA you’re driving from, etc.
Montréal, Québec 🇨🇦 English
1
0
1
36
Michael Soares
Michael Soares@soarescode·
@robterrell Gone are the days of my photo flying across the screen of unsuspecting players trying to spell out my last name.
Montréal, Québec 🇨🇦 English
0
0
0
40
Rob Terrell
Rob Terrell@robterrell·
There’s a person next to me on this flight playing Words With Friends. Zynga is chasing me.
English
3
0
7
333
Michael Soares
Michael Soares@soarescode·
@maiab That is like 1000x more detergent than what you're supposed to use. 💀
English
1
0
243
21.3K
Maia Bittner
Maia Bittner@maiab·
oh my god this must be the laundry routine of everyone I buy poshmark clothes from ☠️
English
304
34
1K
480.5K
Michael Soares
Michael Soares@soarescode·
@pitdesi If BYD and Tesla had a kid, this would be it.
Montréal, Québec 🇨🇦 English
0
0
0
201
Sheel Mohnot
Sheel Mohnot@pitdesi·
Impressive that Xiaomi built a compelling car (& insane automated factory) in just 3 years. Xiaomi started in 2010, is the 3rd largest phone manufacturer & started the car division in 2021. We always talk about the importance of focus but Xiaomi (& other Chinese companies) do a bunch of things, seemingly all pretty well- they make vacuums, keyboards, monitors, scooters, watches, cameras, toothbrushes, rice cookers, shavers, sunglasses, pressure washers, TV’s, coffee machines, air fryers, flashlights, heaters, kettles, etc- generally considered to be of high quality. Baidu Alibaba Tencent Bytedance all have a ton of different businesses that don’t seem to be that linked… wonder how much of this is state linked- many of the large conglomerates get government capital.
English
122
83
904
498.9K