genericresponse

10 ms·

31.
by genericresponse 11y ago
No it's a commodity if it's non-differentiated from others. You can still have non-commoditized work that operates at scaled efficiency. You just have to have something that makes you better or different.
32.
by genericresponse 11y ago
You don't tell them: give me what you value it for. You do your best to estimate what success will be (in value) to them. Then you negotiate from that.
33.
by genericresponse 11y ago
They're a lot more cooperative around BigCorp compliance related stuff than AWS. It doesn't sound like that big a deal, but it really is.
34.
by genericresponse 11y ago
It is absolutely not. On every level there are healthy competitors: Shipping (Ocean freight Cos, Trains, Trucking Cos, UPS, FedEx), Online Sales (AliBaba), General Goods (Wal-Mart) These are all very healthy competitors, it's just that
35.
by genericresponse 11y ago
Man takes prescription drug for the first time. He discovers that he has most of the side effects and does not like his experience. News at 11
36.
by genericresponse 11y ago
I'm not claiming that failure rate is the sole value destruction mechanism. Rather that it is one. The other, perhaps more pernicious, mechanism is solving problems with little to no long term social benefit. (i.e. much entertainment)
37.
by genericresponse 11y ago
My evidence is not high quality, but it's evidence. Just because I don't have higher quality evidence at hand doesn't make it true. The sky is blue. You can disagree, but where I sit it looks blue. I claimed my point and my e
38.
by genericresponse 11y ago
I'd love to hear it, because it took me a quick Google search to find numbers for startup failure from 80%-95% cited. (Much higher than the 48.8% I found for small business failure rate.) Moreover, I'd be interested if anyone has
39.
by genericresponse 11y ago
I actually think it's quite well written. It's not out there to dispute PG's central point. It's written to dispute the idea that Silicon Valley's engineering/business/vc minds have demonstrated skill at b
40.
by genericresponse 11y ago
Read the article and try to replace every description of computer technology with mechanization. You'll find that in many instances you'll see the same thing. I don't disagree with the piece, but I think its chief error is fa
41.
by genericresponse 11y ago
I'm really interested in the underlying source data and sample groups. Based on the article, I'm unclear if these are actually startups or just small businesses.
42.
by genericresponse 11y ago
We know that much of a delivery network's cost is the last mile, but I'd be interested in the costs of the last 100 yards. Suddenly, instead of one driver/one truck per neighborhood per day it's one stop per neighborhood
43.
by genericresponse 11y ago
The keyword there being "seems". Most of the firms that I've worked with are actively automating or offshoring repetitive tasks. Much of the work that is being done requires meaningful critical thinking.
44.
by genericresponse 11y ago
Her words are carefully chosen. They don't look at it when they make hiring decisions. They do look at background and skill set when selecting candidates. (i.e. If you can lateral into the interview process it's cool that you don&
45.
by genericresponse 11y ago
I'd argue that we'd probably need a lot more. Diagnoses would be more accurate so people would be inclined to use the health system more. Health work would be cheaper because the expensive doctor component would be used less. Time
46.
by genericresponse 11y ago
That's why you commit to multiple layers and types of defensive and recovery measures. Intelligence, preparation, prevention, prevention, prevention, monitoring, adaptation, more monitoring, effective response, well planned recovery.
47.
by genericresponse 11y ago
Much equity does have intrinsic value. I think the lifelong work of both Benjamin Graham and Warren Buffet have been focused on acquiring equity (and other assets) with intrinsic value. A lot of equity, especially with startups, lacks intri
48.
by genericresponse 11y ago
Just for everyone's awareness, there is a broad astroturf and professional political push that has been happening for over a year by FIRE, a right leaning think tank. This is a concerted effort to bring controversy around campus free s
49.
by genericresponse 11y ago
So I think you're mixing up my two points. A reverse split destroys the stock object, reducing the total number of shares but the proportional value remains the same. We both agree on this (per my previous comment). Destroy can be used
50.
by genericresponse 11y ago
At a $40M valuation, Khosla got 25% of the company at that time. They have $10m/$.22 shares or ~45M shares of the 182M shares you mention. They're netting $9 45M (sale)-$10M(invested)=~$409M. Between Series A and IPO they had roug
51.
by genericresponse 11y ago
What I was saying with the "destroyed" was something like a reverse stock split. (Your proportional ownership stays the same, but your number of shares reduce.) The idea I was communicating that the number of shares itself is not
52.
by genericresponse 11y ago
I'll answer what I can: First, you're correct on the valuation. If they are exercised and cashed out at the IPO price, the employee would earn $80k pre-tax. However, historically most IPOs are priced to get a "bounce" on
53.
by genericresponse 11y ago
The rule of law and the basic functioning of the state is one and the same. The state sets and enforces the law. The state's strength and the consent/will of the populace determines the success of the state and the law.
54.
by genericresponse 11y ago
If this really is what Greenwald is saying, than he's pretty solidly turned into the Glenn Beck of the left. The rule of law might not seem always fair, but it hampers the powerful much more than the weak. As an example: None of the bi
55.
by genericresponse 11y ago
While that might be true in a few cases, in most it flatly isn't.
56.
by genericresponse 11y ago
Anyone else wonder if much of their R&D and design on this is coming from international espionage? Chinese exfiltration of sensitive industrial data is becoming pretty well known.
57.
by genericresponse 11y ago
I find it an amusing irony that one of their issues with meetings is that they are about "abstract concepts" not "real things", but the entire book is about abstract concepts.
58.
by genericresponse 11y ago
You know, I like how there is this view out there that anyone who's doing classically "business" or "sales" work is not actually working that hard. I know some recruiters. They aren't the world's smartest
59.
by genericresponse 11y ago
How is this relevant to the conversation? How is this a positive contribution to the dialog? How is this meaningful towards the essay about Andreesen?
60.
by genericresponse 11y ago
But that's not how this works. By saying that he can't disclose, he's disclosing the existence of the program. It's entirely possible that the program's existence was classified. The NSA's existence was classif

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