jpdoctor

75 ms·

751.
by jpdoctor 15y ago
> then treat the service as disposable. This has implications for pricing.
752.
by jpdoctor 15y ago
> But these are people who grew up doing the "responsible" thing and listening to the advice of teachers and parents. I hope they won't make that mistake again, or to quote Twain: Never let your schooling interfere with your education
753.
by jpdoctor 15y ago
Thanks for the counterexample. Just to be clear: His vesting clock is done?
754.
by jpdoctor 15y ago
And how do you think the reasoning went during the telecom and internet bubbles? Hint: Exactly the same. I encountered competing business plans which went along the lines of: Hire a team of 10 badass engineers, sell for $10-20M. It was
755.
by jpdoctor 15y ago
> quite a price for some gifted people! Every time I saw this happen in the 90s the result was the same: Small team shows up in big company after big $$, gets frustrated with big company BS, doesn't really care and runs down the game
756.
by jpdoctor 15y ago
$2-4M/person, just for the people. Boy does this sound like the telecom bubble, and the internet bubble before that. The music is playing, find a chair.
757.
by jpdoctor 15y ago
> lavish dreams such as what Musk has but that is what separates the watchers from the doers. ?? Not sure of your meaning: Dreams are usually the domain of the watchers, expertise and hard work are usually the domain of the doers. M
758.
by jpdoctor 15y ago
> I am still amazed that the Rovers are still operational. A lot of people are. I had the pleasure of chatting with the NASA program manager in charge of one of the rovers. She was a bit hilarious: When it came time to set the heig
759.
by jpdoctor 15y ago
> The price is not set by some magic formula. It is set directly by how much the customer is willing to spend. You missed half of the formula: It is set directly by how much the customer is willing to spend among the options available
760.
by jpdoctor 15y ago
We saw a lot of this during Internet bubble v1.0 The issue is that a bunch of folks who will flip IPO shares need to quote a number-of-employees. The implication is that a high number of employees is an indicator of the viability of the co
761.
by jpdoctor 15y ago
> It's all borrowed money anyway, not actual tax revenue. Huh? How is forgiven taxes not tax revenue? http://www.marketwatch.com/story/paulson-files-to-sell-500-m... If Hank paid the taxes anyway, I can't imagine that scumbag would
762.
by jpdoctor 15y ago
Pointless pedantry continued: "Messr is now a derogatory term for people who resonate arrogance or give the impression that they are conceited." http://www.urbandictionary.com/define.php?term=messr
763.
by jpdoctor 15y ago
> Have you guys read Liars Poker Funny side note: Michael Lewis said that he wrote that as more of a warning. He was astounded (and a little horrified) to find out it was being used as a how-to.
764.
by jpdoctor 15y ago
> always doing right by our clients ... and interestingly, not "for" our clients.
765.
by jpdoctor 15y ago
> My bigger concern is how involved GS is with our government. I agree: This deserves a great deal more attention. Hell, just the Henry Paulson tax giveaway should have caused civil unrest.
766.
by jpdoctor 15y ago
> There was a qualitative change after the banks went public. Many investment bankers knew they were selling crap at insane valuations during the internet bubble. Hell, the first time I saw IB's taking advantage of mass mania was the
767.
by jpdoctor 15y ago
No, it means there's no doubt . I in fact believe the opposite of what you wrote wrt it being a coincidence. And I don't doubt it. Got it now?
768.
by jpdoctor 15y ago
> Nah FB can drag this through the court system for years or even decades and then find some way to kill Yahoo in the meantime. It's a big distraction for FB. It's not a distraction for Y! (because obviously they don't have much busi
769.
by jpdoctor 15y ago
Sorry, I was snarking: I don't doubt the timing at all. I also won't be surprised if other lawsuits materialize soon. There's a lot of money in FB, and if they don't have good patent protection, then it's open season.
770.
by jpdoctor 15y ago
> I suppose the timing could be coincidental but I doubt it. I don't. FB is much more vulnerable now than after the IPO shares have been sold. (That probably translates to a bigger settlement.)
771.
by jpdoctor 15y ago
> spiral out of control with everyone suing everyone for every patent they have in Silicon Valley. That misses the real dynamic: Yahoo is suing because FB has money + they don't have as deep of a patent portfolio. (It's why Google s
772.
by jpdoctor 15y ago
> This is not a winnable game for Yahoo, the Internet, innovation, or society. It is however winnable for Scott Thompson's quarterly earnings, which must be a driver for the decision. BTW, Would love to hear Fred Wilson talk about how
773.
by jpdoctor 15y ago
I'd love to hear Fred talk about how Twitter is preparing, because it's a good guess that they're next. Probably the reason for this post in fact.
774.
by jpdoctor 15y ago
So there are. Thanks to you and stray for pointing this out.
775.
by jpdoctor 15y ago
Of course. But the acquirer usually has no incentive to line the pockets of the investors, so they'd rather lower the price by spending the M&A nut on the team instead. It's usually among the first things to go in a negotiation.
776.
by jpdoctor 15y ago
> they'd have liquidation preference anyway so they'd get their money back first Liquidation prefs are rarely exercised, at least when the acquirer is clueful. (The company spending the money wants the incoming employees to be reason
777.
by jpdoctor 15y ago
> a pet child of Ronald Reagan in the cold war Funny side note: In the AI Lab, the names of the Symbolics machines started as dead rock stars. (Sinatra too, I think.) After they ran out of those, dead movie stars were used for name
778.
by jpdoctor 15y ago
> You purchase a copy of Open Genera for the DEC Alpha for $5000 from David Schmidt. LOL. Great, anyone got a spare Alpha lying around? > This Wikipedia entry does a good job at explaining the impact this part of history had on
779.
by jpdoctor 15y ago
> rather than fiddling with very old environments. I worked on Symbolics machines (rms, please forgive me). I even fixed a bunch of the wire-wrapped original LMs from before Symbolics. I remember it being earth-shattering at the time
780.
by jpdoctor 15y ago
> All this is just another way of saying that rarity creates desirability. Hmmm. I notice that the iPad3 pre-orders are sold out. Hmmm.

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