dkrich

106 ms·

961.
by dkrich 15y ago
I agree and would argue that these points apply even more to Exec because at least with this idea, you are only handling a single task (cleaning people's houses).
962.
by dkrich 15y ago
Completely unrelated, but why do stories having anything to do with Pete Cashmore always include a photo of him looking seductively into the camera? This one seems to be in some cool night club. As if knowing that the author happens to be a
963.
by dkrich 15y ago
That doesn't make the original statement untrue (or particularly interesting in my opinion).
964.
by dkrich 15y ago
Or you could realize that you're talking about a hobby that has likely achieved his objective of getting some people to take notice of his work. What he's done is better than nothing, which is the default. Is it the best use of his time? Ma
965.
by dkrich 15y ago
But that's not what happened here. Instagram, to my knowledge, has never made a penny off of advertising. There is no clear business model. Maybe it's advertising. Maybe it's charging for additional filters. Nobody really knows, not the Ins
966.
by dkrich 15y ago
I think it depends upon what you define as "first." The iMac wasn't the first computer in the sense that it wasn't the first machine with a keyboard, mouse, and operating system. But it was the first along many important dimensions includin
967.
by dkrich 15y ago
> But instagram's lack of paying users does not imply a lack of value being added. And there's almost always a way to monetize a product that is important to someone. Whoa, hang on a sec there. Do you really believe that is true? If it
968.
by dkrich 15y ago
So wait, you're saying a business is supposed to make money by selling something? You just blew my mind. I'm going to go out on a limb and say that what you are professing here applies to other businesses that have nothing to do with enterp
969.
by dkrich 15y ago
But your wife is one use case. Think of the users of SMS or email or any asynchronous communications protocol as a Venn diagram. You have categories of people who need to communicate with each other that happen to both have iPhones. Others
970.
by dkrich 15y ago
Love this. This whole "email is broken" argument reminds me of the "SMS sucks, and iMessage/GChat/BBM will destroy it" argument perpetuated by TechCrunch and other tech pundits. There are two reasons that email and SMS are not broken, and t
971.
by dkrich 15y ago
Not sure what's unusual about this except for the fact that it was assigned to 2nd years. I had to create a compiler from scratch during my course work, and I'm sure many other CS programs require the same. It is a great way to learn how a
972.
by dkrich 15y ago
But that response was in reference to the comment asking him why he would want to take advantage of a bubble rather than rely on his own talents. To that comment, his response makes little sense.
973.
by dkrich 15y ago
I'm not sure that you know what that saying means.
974.
by dkrich 15y ago
Exactly. The money is gone "as far as the fund is concerned." But that money is no more gone than it is when I sell stock and convert it to cash. A fund not recognizing money does not mean that that money ceases to exist.
975.
by dkrich 15y ago
Also, if every dollar has one chance to multiply and you take one tenth of the fund and immediately double it at the beginning of its lifetime, that is an outstanding outcome. Just because you can't reinvest the money in that fund does not
976.
by dkrich 15y ago
I fully understand that. What I am explaining to you is that the idea of a VC fund is to create a return by investing money in a portfolio of companies which overall, should create a positive return. There is absolutely no way of knowing go
977.
by dkrich 15y ago
Okay, you go ahead and bet on the companies that will pay you a 10x return in ten years and I'll take the 2x return in two months. Will Instagram even exist in 10 years? Who knows? I wouldn't bet on it. BTW, you're absolutely right. The 2x
978.
by dkrich 15y ago
Sorry, didn't mean to be a dick. But I think web designers confuse beauty with functionality. While it is certainly possible to have both, a beautiful design does not guarantee proper utilization. The purpose of a painting in an art gallery
979.
by dkrich 15y ago
Two problems: any serious redesign should involve several templates that are thoroughly tested to ensure that users are interacting with the correct parts so that as many sales are squeezed out of the site as possible. Also, nobody reads re
980.
by dkrich 15y ago
Except that in the 1800's you couldn't build another B&O in six months with a couple of nerds with Macs.
981.
by dkrich 15y ago
P/E is around 100.
982.
by dkrich 15y ago
Are you joking? You don't think a 100% gain is good for a 1-2 month timeframe? The most successful hedge funds in the world have money thrown at them if they can average 50% gains over the course of a year. And that is an outstanding year!
983.
by dkrich 15y ago
I'm not making any judgment about whether Amazon is "skating on their responsibility." I'm just trying to explain to people who are misunderstanding that states CAN CHARGE SALES TAX. This case has nothing to do with whether the state can ch
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by dkrich 15y ago
You would pay the sales tax for the zip code in which your parents live. The same way you do when you give your zip code to a clerk at a department store.
985.
by dkrich 15y ago
I agree that statement was poorly worded, but I think what they meant is that if a particular good is inefficiently produced, or rather, requires a large investment of human capital, that good is going to be more expensive than if the same
986.
by dkrich 15y ago
Once again, every brick and mortar pays a for-profit for nearly every service that enables it to do business, so that argument does not hold water.
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by dkrich 15y ago
That argument could be extended to any business operating anywhere. If we only paid taxes based upon what we directly consume from the government, I don't think many businesses would be collecting sales taxes. Your lease is paid to a landlo
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by dkrich 15y ago
It's not so much where the transaction takes place (they'd have a difficult time determining that) but more about where the delivery takes place.
989.
by dkrich 15y ago
> The state has no power to regulate out of state companies. No matter how much the state wants to, it just doesn't have that power. I don't think that's an accurate interpretation. I believe what the judge was saying was that the law,
990.
by dkrich 15y ago
Which resources are consumed by brick and mortars that are not consumed by online retailers? I'm genuinely curious.

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