graybolt

6 ms·

1.
by graybolt 8y ago
Yes, the reef is being destroyed due to ocean warming and acidification, but this is very much partly the fault of Australia. They're the #2 coal exporter in the world, about three times as much as the US for example. They consume mass
2.
by graybolt 8y ago
Hmm. It certainly exists for startups. I've been part of teams for many startups where the team is shitty, the idea is shitty, and the startup has no future, but they're able to get funded to the tune of $100k easily before they c
3.
by graybolt 8y ago
Australia seems to be heading towards some strange, horrifying dystopia. With Nauru, government spying, and the Reef, it seems on par with some kind of third world dictatorship. For those that don't know: Australia operates a detention
4.
by graybolt 8y ago
It's tricky to figure out, because of course there's the standard 7% for 150k but they also do some later stage deals.
5.
by graybolt 8y ago
Yeah, that's how I understand the issue too. I don't think there's an easy way to do things, either you end up blocking some people with a legitimate use case or you end up becoming a spam farm.
6.
by graybolt 8y ago
So where else do you find capital, then, for something not focused on extreme growth? I've got plenty of ideas kicking around, and the experience and skills to build them, but they're entirely moderate-growth businesses with a cei
7.
by graybolt 8y ago
Wow, basically all of the valuation is generated by the top 10 companies. 81% from the top 5, 95% from the top 10. I guess this explains VC strategy somewhat: if you're not trying to become a unicorn, you're worthless to the VC. I
8.
by graybolt 8y ago
It's a shame what happened to the circus. Is anyone here affiliated with one? I'd love to hear some personal anecdotes.
9.
by graybolt 8y ago
I think this is the biggest problem. If there are a lot of bad actors, you drag down the whole system, but if you try to prevent bad actors you run into a lot of issues. A hard problem, and I don't envy anyone trying to solve it.
10.
by graybolt 8y ago
Are there still people who buy/sell illegally? What's the price difference, if you have any idea?
11.
by graybolt 8y ago
Note that they can't stop you from entering the country if you're a US citizen. They can, however, make it a massive pain in the ass. Anyone have any practical experience here?