libertymcateer

25 ms·

181.
by libertymcateer 11y ago
I'm a lawyer and erstwhile software dev. Edits in italic: The idea that this will catch on in any non-trivial fashion is such flagrant nonsense that I don't know where to start. Note that I didn't see the author of this pa
182.
by libertymcateer 11y ago
> Is it that hard to incorporate and set up a bank account in the US? Yes. Yes it is. Let me put it this way: Setting up a corporation is trivial. Setting up a bank account can be a literally insurmountable hurdle for a business that is
183.
by libertymcateer 11y ago
Apple is not vertically integrated - Wikipedia entries to the contrary notwithstanding. It is a grossly inaccurate statement. Up until very recently, Apple didn't own a single factory - how can one possibly claim that they are vertic
184.
by libertymcateer 11y ago
You make a fair point, and I also do appreciate the definition used by Sam in his post, which was (the site is now down) about network effects compounding the bigger you get, and creative a positive feedback loop. I buy that definition, sur
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by libertymcateer 11y ago
Office was not the first word processor, Mac OS was inspired almost wholesale from Xerox Parc, the iPod was absolutely not the first mp3 player, and the iPhone was absolutely not the first --iPhone-- edit: smartphone (what a freudian slip!)
186.
by libertymcateer 11y ago
I have a really hard time buying a lot of this about how novelty and monopoly are keys to a successful company. If you look at the really successful startups, especially unicorns, almost none of them are actually monopolies or new ideas. Th