crapshoot101

9 ms·

31.
by crapshoot101 12y ago
This is silly, and untrue. Any business where this is a case,is a business that is doomed in the first place - the best people get along fine across the spectrum.
32.
by crapshoot101 12y ago
Singapore is perhaps the most efficient city on the planet, albeit at the cost of occasionally feeling a bit "sterile" in some ways.
33.
by crapshoot101 12y ago
The Laffer curve for people certainly exists at a point (say, a 70% tax rate), but it is silly to state it is applicable now - for real-world evidence, look at the tax receipts under the Bush presidency, or Sam Brownback in Kansas. Laffer i
34.
by crapshoot101 12y ago
This is disgusting, in so many ways. Investing in Africa often has its own set of moral qualms, but doing business with Mugabe lacks even the pretense that you're doing any good to offset dealing with a bastard. Sadly, I think mercuria
35.
by crapshoot101 12y ago
ZocDoc's offerings are a little different - they are essentially doing patient scheduling and marketing/outreach for you, and getting doctors / dentists new patients (from what I understand about patient economics, about 1 a
36.
by crapshoot101 12y ago
So cool. If anyone is interested, I've spent the summer going through "The History of Rome" podcast from Mike Duncan ( http://thehistoryofrome.typepad.com/ ), and even as someone who thought he knew a little bi
37.
by crapshoot101 12y ago
I had very different experiences, so tend to strongly disagree with the overall premise but not the average VC premise. There's a power law to VC's, as there is to much out here - the really great VC's are worth their weight
38.
by crapshoot101 12y ago
> Or is just the capital availability pushing down the yield price on seed rounds? This is almost certainly the case - I recall valuations in 2009 / 2010 vs now, and the gap is absolutely crazy. A lot of that has to do with the delu
39.
Kumo raises $50M for a-la-carte TV(techcrunch.com)
1 points by crapshoot101 12y ago|0 comments
40.
Open Source and the Challenge of Making Money(bits.blogs.nytimes.com)
37 points by crapshoot101 12y ago|41 comments
41.
by crapshoot101 12y ago
Sadly, they dumbed it down a lot - as someone who loved 3, Sid Meier's Railroads was a disappointment in that they handicapped the economics an d make route laying a lot "simpler", and not in a good way. I would kill for an u
42.
by crapshoot101 12y ago
Gal Civ (1 and 2) were pretty fun, and the AI is genuinely top notch; way better than typical 4X AI, in that it actually ran the different civilizations as having different interests, rather than all against you. Brad Wardell has garnered a
43.
by crapshoot101 12y ago
Perhaps, but it is a market valuation for preferred stock, not for common stock, a distinction when market valuation generally refers to the latter. Ie, companies doing a round at a $1B valuation aren't implicitly worth a billion$ - th
44.
by crapshoot101 12y ago
Kara Swisher is genuinely great, and less of a PR agency / water carrier than Techcrunch. Good on her, and its good to see good journalism flourishing.
45.
by crapshoot101 12y ago
$500 is not that affordable, especially given the ability (or lack thereof) to finance it in many parts of India and China. Obviously, this isn't a scalable product for those needs, but its a nice start. Edit: why the downvotes? Financ
46.
by crapshoot101 12y ago
That's really interesting, but to be fair, did you need that financial exposure to help out? From what I saw on the VC side, the solution was usually an advisory role or sometimes an explicit board one to recognize a particularly valua
47.
by crapshoot101 12y ago
Its a neat idea, but I suspect its primarily value is in marketing and the actual number is limited. That being said, the fund gets interesting if there's a unquestioned fundmaker (a Dropbox / Pinterest / AirBnB / What&
48.
by crapshoot101 12y ago
The second assertion is a dangerous leap - an outlier event when the sample is small, may in fact, just be an outlier - ie, there isn't a prognosticator on the planet who called those two results. If anything, trying to "re fit&qu
49.
by crapshoot101 12y ago
I'd be surprised, only because he puts his name on everything else - why make this one anonymous? I assume that the Andrew Luck thing came from some tech donor type, but that's definitely a WAG.
50.
by crapshoot101 12y ago
Probably not HN's main interest, but Arrillaga is basically the main reason Stanford has sports teams (in particular, funding the football team)- he's basically funded everything they have around that, to say nothing of his other
51.
by crapshoot101 12y ago
Yup. Some of the smartest people I've ever met went into finance, because the money is crazy - these are the kids who were building stuff for fun in college, or first gen immigrants who were on full rides and knew that college was abou
52.
Interview with Kevin Ryan, founder of DoubleClick / Mongo / Gilt Groupe(fortune.com)
1 points by crapshoot101 12y ago|0 comments
53.
by crapshoot101 12y ago
There's a real opportunity for startups to solve real-world problems, not the "We are Dropbox meets Quora for AirBnB" type ones. Transferwise has a neat approach, which involves the currency never actually leaving the country
54.
by crapshoot101 12y ago
Not really - the tragedy of the commons is the examples of oceans fisheries or trash on the street, where any one person doesn't have enough ownership to care enough to ensure continual sustainability. Ironically, this is if anything,
55.
by crapshoot101 12y ago
I'm going to disagree some here. When people claim starups aren't creating value, I always push back - just because they aren't creating value to you does not mean that they are't creating value to someone else. In this
56.
by crapshoot101 12y ago
As always, these are allegations, but some of this stuff is truly awful - especially the texts that Tinder in particular has admitted that Meeten sent. Why do people act like this? What makes them think this is ok?
57.
by crapshoot101 12y ago
I'd bet a 100 bucks there's an objectivist / Randian here; we all read the book as kids, but we recognized that the Randian model couldn't particularly deal with children, or family for example. Wealth creation is a laud
58.
by crapshoot101 12y ago
Meritt, ignore DCF's - they are utterly useless in the tech / venture world, especially at the stage you're at. Look at it more as "what value are you providing to the firm" - everyone and their grandmother will cla
59.
by crapshoot101 12y ago
This is interesting because in CA, a non-compete is almost pointless - its illegal under state law, no matter what your term-sheet says. I think there's an argument that in some cases it may make sense, but those situations are the exc
60.
by crapshoot101 12y ago
Instapaper and Amazon Prime are primarily what comes to mind; though also will end up paying for Dropbox soon. Personally, Spotify, as well as Netflix.

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