ithinkinstereo

26 ms·

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by ithinkinstereo 10y ago
It's not really about expecting the same salary and position. My point was more about how corporations don't know how to rate / value / judge your bootstrapping experience and thus will, by default, likely "lowball&
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by ithinkinstereo 10y ago
This is true. But the chances of landing in that valley and being able to consistently produce those low millions of revenue year-in, year-out are about as rare as an exit in the VC world. This is the part of the story that doesn't get
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by ithinkinstereo 10y ago
You make a valid point. Don't undervalue learning on someone else's dime. Start your career in bigco, then when your growth stalls, jumpstart it at a startup. Depending on the startup, you'll learn 10x what you would at a big
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by ithinkinstereo 10y ago
Now that we're past peak VC-backed startups I've noticed a trend on HN pushing the benefits of the bootstrap path. There are many positives, true. But the negatives should not be understated. If you don't fail outright, the m
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by ithinkinstereo 10y ago
> Are you referring to their donation to the Clinton Foundation? That wasn't proven, it was revealed by the Foundation. All donations have been made public. Huh? It's been widely reported that the Saudi government has made larg
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by ithinkinstereo 10y ago
15 of the 19 attackers on 9/11 were Saudi. The rest were from UAE (2), Egypt, and Lebanon. The Saudis are largely responsible for the spread of Wahhabism, which in turn has fueled extremist islamic ideology. Both the left and the right
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by ithinkinstereo 10y ago
> People have been saying China is going to crash for a couple of years now. I suppose if you say it every year, you'll eventually be right. All economies have downturns. Actually people (especially those in the west) have been sayi
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by ithinkinstereo 10y ago
Well the 6K/day is not implausible. Doing it consistently, or just finding the clients willing to bite consistently, is what I find implausible. If Patrick has the talent to lift sales by 1-3% in 1-2 weeks of A/B testing and optim
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by ithinkinstereo 10y ago
That's a valid point. I know in Mathematics quality seems to trump quantity but having _no_ articles certainly didn't do him any favors. But the lack of LORs... that would be a scarlet letter, no? I've never heard of a PHD ad
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by ithinkinstereo 10y ago
I found his old beef with his graduate advisor interesting. From wikipedia: "Zhang's Ph.D. work was on the Jacobian conjecture. After graduation, Zhang had a hard time finding an academic position. In a 2013 interview with Nautilu
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by ithinkinstereo 10y ago
Can other hackers comment on the $30K/week figure? That number seems _excessively_ high. Having seen what top-tier lawyers and McK/BCG/Bain consultants charge, that rate seems almost absurd. Patrick is a celebrity amongst the
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by ithinkinstereo 10y ago
Yes, you're right. Amy is not a good example. I was getting her mixed up with someone else. I wish I could edit my original comment, but can't seem to do so. Someone like DHH or Jason Fried is closer to what I had in mind. I'
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by ithinkinstereo 10y ago
Patrick's product is himself not any of his "real" businesses. In this vein, he reminds me more of a Tim Ferris than someone like Amy Hoy for example. I know this reads negatively, but it's not meant to be a knock on Pat
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by ithinkinstereo 10y ago
Because most customers don't like, or don't know how, to negotiate (yes even B2B customers where you would think this is the norm). So if the initial price is too high, they won't even bother to talk to you. The conversation
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by ithinkinstereo 10y ago
> CEOs are happy to fuck employees over and we should never forget it. _Jerk_ CEOs are happy to do that. There are plenty of ethical founders and managers out there that loath this type of behavior. Unfortunately I see more of this flavo
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by ithinkinstereo 10y ago
Yes the comparison is ridiculous, but so is your complete dismissal of taxi regulations. If you can't see that, then I agree that there is no further basis for discussion. Plus acknowledging that regulations do provide some benefit is
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by ithinkinstereo 10y ago
2) CLV depends on customer loyalty. In the case of the ride-sharing market, this ultimately comes down to the cost of service. Plus remember that Uber has to satisfy both sides of the coin here: drivers + riders. AND they have to be profita
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by ithinkinstereo 10y ago
That's a shortsighted view. Similar to saying that the Airplane cartel captured the regulators and are preventing indie airlines from starting up... Regulations exist for many reasons, not all are designed to act as a barrier for new e
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by ithinkinstereo 10y ago
Don't forget the whole dodging regulations thing. This aspect of the "sharing" economy I find the most disgusting. Ethics goes out of the window in the pursuit of profit.
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by ithinkinstereo 10y ago
There are significant differences between Uber and FB. Two very important ones: 1) Moat - barriers for entry in the ride-"sharing" space are low. See Austin for example. 2) Economies of scale - the costs for FB to add each increme
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by ithinkinstereo 10y ago
Would people pay for these benefits if Uber was 20% more expensive than it is now? 50%? 100%? This is a question worth considering, given that rides are currently subsidized with VC $$$.
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by ithinkinstereo 10y ago
I'm sad to see the glowing logo go. That was a defining element of MacBooks for me. Visually speaking, nothing really differentiates MacBooks from their Samsung/Dell/etc clones anymore.
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by ithinkinstereo 10y ago
I don't get these comments. The growth of large Chinese MNCs is just getting started. People said the same thing about Korean companies and Japanese companies. The Chinese will continue to push into international markets and will grow
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by ithinkinstereo 10y ago
What do you find particularly terrible about renting from one of the major agencies? I travel frequently for work and rent across all the major rental agencies (Hertz, Avis, National) and their discount subsidiaries (Thrifty, Budget, Alamo)
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by ithinkinstereo 10y ago
Familiar story... quite a few of the acquisitions were run by former Google APMs that worked directly/under Marissa. Most / all of these people are marketers / non-technical product guys... lots of the startups that were acqu
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by ithinkinstereo 10y ago
We've come full circle. End of one cycle, beginning of another.
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by ithinkinstereo 10y ago
I'm not sure your example really applies here... the mods here seem to be deleting comments that identify the shooter's name and ties to radical islam. It's worth noting that even the FBI came out and stated possible links. &
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by ithinkinstereo 10y ago
I've been following this all morning and it's crazy! I'm shocked that no admins have stepped in. If they don't soon, this could be a real turning point for Reddit as the "front page" of the internet. You know i