GDC7

45 ms·

361.
by GDC7 5y ago
Toys don't generate negative attention. The biggest toy buyer in the tech industry was Paul Allen. He collected planes, sport franchises, yachts, guitars, drumkits, Ferraris, Porsches.... Enjoying time buying toys signals the world tha
362.
by GDC7 5y ago
Because you can spend leisure time on a yacht, not so much on a suborbital rocket. Same reason why private jets like the Gulfstream are overrated IMHO. 80M for what is essentially an RV which can fly. Our brain is not impressed with the tec
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by GDC7 5y ago
> Not having a yatch or even a mansion, does this make his wealth more or less palatable? It's not a new trend. Tech Billionaires in the US have been restrained with their purchases for quite some time, hoping to avoid the social ha
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by GDC7 5y ago
That's right. For the competitive people out there, you must know that when you are suppressing envy and being happy for other people's success you might be losing the competition against those other people. They might have the fa
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by GDC7 5y ago
> Just look at Bill and listen to him speak... that guy ain't talking his way into any romantic adventures if he weren't a gazillionaire. Yeah, Musk is a real charmer, with his stutter, he's worse than Biden and he's
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by GDC7 5y ago
that is the same as my point. You have to be able to read the emotions of all the other market participants
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by GDC7 5y ago
You , me , our descendants 50 generations down the road will all be dead before anything like that even begins to happen. Like 0.01% of the progress towards the trillions of humans vision you , Musk and Bezos are talking about. Being early
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by GDC7 5y ago
You mean raised? If they remove it then it means everbody has to pay it
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by GDC7 5y ago
Africa and Asia are getting urbanized faster than everywhere else. Lagos, Nigeria will be home to 88M people in 2100, Kinshasa, RDC 72M. I don't care how bad their infrastructure is now, running fiber in such a high density populated a
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by GDC7 5y ago
If you are not Saas , biotech or a tech-platform then revenue growing isn't as of itself a good news. You need both revenue growing and costs staying flat or just slightly increasing Only the SaaS, biotech and platforms get a free pass
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by GDC7 5y ago
Well if that's the case we can all go home, welcome our quant finance overlords with grace and hope they are magnanimous towards us mere mortals. Reading other people's minds is not yet possible :( , for everything else there&#x27
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by GDC7 5y ago
Everybody is focused on revenue. Last time I checked the important metric in business is revenue - cost of goods sold If they are approximately the same you are just running a big operation, not a profitable business. And I am not saying th
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by GDC7 5y ago
If anything it's a dying business model. The world is getting more and more urbanized. We won't leave cities because of the remote work. Humans feel the need to be together socially. Now there are 2 schools of thoughts about work;
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by GDC7 5y ago
At a 100B valuation you'd be kinda late to the party. Non-SaaS, non-tech platforms and non-biotech companies have a really hard marketcap ceiling. SpaceX builds stuff in the real world, macrostuff with millions of moving parts, that&#x
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by GDC7 5y ago
However small, isn't it better than losing them? I think yes. Because you can't bring that "quality of life potential" in the grave
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by GDC7 5y ago
> Nobody who uses this strategy will come even close to spending every dollar that they earned But why? It's a lot of quality of life left on the table.
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by GDC7 5y ago
The point is that society wants to have a tasty revenge on rich people, not their heirs. Very rich people don't ever want to spend every dollar they make , actually they are very restrained in their expenses ,so by using the margin loa
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by GDC7 5y ago
This is very much like the speed limit on highways. You can't put a private investigator on the tail of every business owner. Personal expenses will be justified as business expenses, it's a matter of catching the very big and obv
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by GDC7 5y ago
but that isn't very smart strategy because it prevents you from spending every dollar that you have ever earned. At some point you want to open the floodgates so you don't leave any quality of life on the table. You can't do
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by GDC7 5y ago
Public companies can't do that, unless they want to have at least as many tickers. The 890 million treshold is calculated for the holding, not the subsidiaries
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by GDC7 5y ago
So much this. I think that is something that the proponents of the "metaverse theory" don't get. The rise of videogames has been predicted for ages , but if you look at total-hours of entertainment enjoyed by the population t
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by GDC7 5y ago
Misleading title, it's just for large multinationals. There will be a revenue treshold of 890$ million This is good news for startups! Cancel that, this is good news for the vast majority of unicorns as well. It's still early beca
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by GDC7 5y ago
But they aren't passive. GTA for example isn't passive storytelling, the person who is being told a story is an active participant in it. GTA tells a story the same way the "Monopoly" board game tells a story, you have y
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by GDC7 5y ago
Highest grossing doesn't tell the whole story. The highest grossing can be achieved with good timing , a huge marketing campaign and an all-star cast/director. To really gather a sense of how much a movie influences the popular cu
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by GDC7 5y ago
This is exactly how I feel about it. Humans were wired to be told stories and videogames just don't do that. It's active participation, it makes sense because videogames are essentially the evolution of board games. The most succe
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J.G.Levitt believes future of storytelling is video games and not movies (2020)(gamesradar.com)
10 points by GDC7 5y ago|14 comments
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by GDC7 5y ago
It's the poor ghostwriters who will feel the pain, music is meant to be performed live and AI/ML won't be able to do that.
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by GDC7 5y ago
> Those novels I had to read for school? But that's not a fair comparison , you stumbled on FFIV on your own, or it was advertised to you in a potent way, in any event the process of discovery is much more powerful than the novels,
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Ask HN: Do you think games are as effective as passive mediums for storytelling?
4 points by GDC7 5y ago|3 comments
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by GDC7 5y ago
> Atheists like me can go to Saudi Arabia (or Uganda) and say and do as we like without pause for the consequences Honestly, you can. You show the bald eagle in your passport and you'd be looking at a slap on the wrist in all places

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