crapshoot101

16 ms·

91.
by crapshoot101 13y ago
Yes - its an allocation of consumer surplus (to think about it in the TL:DR) - and what you've described is a pretty standard argument in a leveraged buyout (every conglomerate out there has a PE guy just waiting to take it apart). I e
92.
Über raising round at a $3.5b valuation(allthingsd.com)
2 points by crapshoot101 13y ago|0 comments
93.
by crapshoot101 13y ago
James, which is why when you do an acquisition of a public company, you py a significant premium - because you don't need to consider just the spot investor; rather, you have to consider what those who think its undervalued believe as
94.
by crapshoot101 13y ago
I bought at ~21 blended; I'm feeling good right now, but see this as a real long term bet. FB's position is so stratospheric that the opportunities to monetize are nearly endless; the rub is going to be in picking the right paths,
95.
by crapshoot101 13y ago
No, they don't. The fact that someone here got screwed once does not in fact suggest this practice is the modus operandi. VC's are not out to screw you, and if nothing else, the reputational harm of the actions you described would
96.
by crapshoot101 13y ago
Thanks Defen - will check it out. I liked Crowley, with a few criticisms: - the back-and-forth, lack of a completely chronological narrative threw me a couple of times. - Also, because he was hyper focused on Venice, it was sometimes ama
97.
by crapshoot101 13y ago
I just finished reading City of Fortune ( http://www.amazon.com/gp/product/1400068207/ref=pe_180000_31... ), and this is closer to the truth - the rise of the Ottomans, the fact that Christian Europe couldn&#x2
98.
by crapshoot101 13y ago
They really don't actually. The best stuff is from independent analysts, or guys like Fangraphs or Tom Tango or MGL. ESPN throws some lipservice to this crowd because some hard-core fans like myself are sabr-types, but the brunt of the
99.
by crapshoot101 13y ago
Yup. Old BP contributor who developed PECOTA back in the day. I admit I thought that the overlap between Baseball Prospectus type sabremetric nerds and HN types would be limited - those genres of geekdom rarely interact!
100.
by crapshoot101 13y ago
What's funny is that back in the old BP days, you could still argue most of the interesting work in baseball / statistics was being done in the public domain working of standardized data sets - whether it was DIPS via Voros McCrac
101.
by crapshoot101 13y ago
This is fascinating. To out-hipster myself, I've been a BP subscriber since way back when Nate was famous for the PECOTA model - really bringing a comp engine to baseball to predict results / outcomes, etc etc. ESPN just seems str
102.
by crapshoot101 13y ago
No,you can't. I assure you as someone who lives down here than downtown PA is very expensive, as is Mountain view - a decent 1b is 1,700 at least if not more.the peninsula is cheaper in our places - not PA/ MV
103.
by crapshoot101 13y ago
That is incredibly depressing. Have you followed up to see if they reacted differently when they found out you were not a man?
104.
by crapshoot101 13y ago
As someone who has moved books across the country, 1 and 2 hit home. Well put - but I'll still take them (irrationally) on my next move.
105.
Yahoo Acquires Xobni(allthingsd.com)
2 points by crapshoot101 13y ago|0 comments
106.
by crapshoot101 13y ago
For general reading, I use a combination of: - Bloomberg News - NY Times Dealbook section - RealClearMarkets.com - Bloggers like Felix Salmon / Matt Yglesias - Seeking Alpha to some extent
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The Faces and Heels of Silicon Valley(pandodaily.com)
2 points by crapshoot101 13y ago|0 comments
108.
by crapshoot101 13y ago
Congrats Jayant - excited!
109.
by crapshoot101 13y ago
You don't think that if that you were subject to a torrent of abuse you'd want to fight back about it, especially when additional evidence suggests that the abuse was based on bullshit / a desire for linkbait?
110.
by crapshoot101 13y ago
California's multitude of agencies are ... litigious and looking to justify their keep, all the time. We've discussed this before at Hacker News, ( https://news.ycombinator.com/item?id=5567206 ), but CA is regulator
111.
by crapshoot101 13y ago
All in all, I was surprised/impressed that he was willing to acknowledge that he's been one of the biggest beneficiaries of the media disintermediation he helped to bring about, in many ways - and now he's finally seeing a ba
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Weddings Used To Be Sacred And Other Lessons About Internet Journalism(techcrunch.com)
136 points by crapshoot101 13y ago|85 comments
113.
Keith Rabois - going from startups to VC(allthingsd.com)
1 points by crapshoot101 13y ago|0 comments
114.
by crapshoot101 13y ago
because gross generalizations are fun!
115.
by crapshoot101 13y ago
Hmm - I like TPOG, but I can't say I enjoyed it or had it give me as much perspective on the Culture as Phlebas did - but I know its a favorite for a lot of people. Partially because I was more interested in the Changer as a characte
116.
by crapshoot101 13y ago
You're right - but Phelbus stands out to me because you get almost no internal culture perspective - you are almost entirely embedded with a person who does not simply dislike the culture, but is actively working towards its destruct
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by crapshoot101 13y ago
Yes. I'd also recommend Inversions only after you've read some of the others - and start with Consider Phelbas (which for non-readers, is told from the perspective of a non-Culture citizen).
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by crapshoot101 13y ago
All things aside, the naivety to think that China (and yes, I recognize Hong Kong is not exactly China, but it is damn well under the jurisdiction of the PRC) is where free speech is going to be defended? That's a guy who sounds like h
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by crapshoot101 13y ago
That was the one novel I could not stand of his - I almost thought it was written as a parody.
120.
by crapshoot101 13y ago
A very good point. In that vein, let me recommend Whit from the non-scfi side; the most sympathetic book about a 19 year old cult member that you can imagine (especially from an avowed atheist like Banks)

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