m52go

56 ms·

511.
by m52go 12y ago
Does anyone know what watch he's wearing in the video?
512.
by m52go 12y ago
> Increasingly you win not by fighting to get control of a scarce resource, but by having new ideas and building new things. I don't think the fighting has gone anywhere. It's just changed its form. Any founder/salesperson
513.
by m52go 12y ago
This is an excellent start with excellent intentions. My first thought: it would help tremendously to have a dedicated, anonymous discussion forum to really have a chance at making an impact.
514.
by m52go 12y ago
Do you need to be a black-wearing, idiot-calling rebel in order to be a creative genius? Of course not. But you need to observe reality, question it, and then act on your question. That's it. Milquetoast guys can do it too.
515.
by m52go 12y ago
I was calling 'reddit posts about the "evil" Federal Reserve or how terrible of a person Thomas Edison' probably useless, not the entire other side of the argument.
516.
by m52go 12y ago
I know people who work on Wall Street and I know people who work in the White House. They are some of the most brilliant people I know. That doesn't make the systems they collectively run any less corrupt or terrible than they are. You
517.
by m52go 12y ago
> I mean, how many more reddit posts about the "evil" Federal Reserve or how terrible of a person Thomas Edison was do we need? Is that rebellion or groupthink? Either way, yes, most of it probably is useless. But what about th
518.
by m52go 12y ago
> The most important process underlying strokes of creative genius is the tendency to pay attention to things that normally should be ignored or filtered out. I'd add that it's not only paying attention to these things, but qu
519.
John Seely Brown: High Tech, Higher Ed, and the New World Order (2000)(johnseelybrown.com)
3 points by m52go 12y ago|0 comments
520.
by m52go 12y ago
Misleading title...should be: Google Wave: A Complete Guide (2009) But yes, I miss it too.
521.
by m52go 12y ago
I hope there is. Intelligent folks also run Wall Street and Washington but both of those systems are undeniably terrible. Perhaps this is different.
522.
by m52go 12y ago
Right, I get that. That's why the company wants the capital. It's impossible for any young company to need this sum of money at once. But it doesn't justify the market giving it to them. The ultimate effect is the entire
523.
by m52go 12y ago
I'll go ahead and be that guy... It's absurd that a company is raising a half-billion dollars in venture capital . So much opportunistic capital tied up in one place makes zero sense, regardless of how good this venture may be.
524.
by m52go 12y ago
Ads suck. How is valuable, insightful discussion not worth paying for? Give me an example of an ad-funded discussion medium that does well. Even reddit isn't profitable. Guess I won't be touching this concept with a 10-foot pole.
525.
by m52go 12y ago
How does paying for a service hinder you from capturing its value? Do you not value your house or car because you have to pay for it?
526.
by m52go 12y ago
Would you pay for this? Like a couple of bucks per discussion or something? I've thought about the same thing before but can't figure out how economics would work. Everyone expects things to be free free free nowadays. I think i
527.
by m52go 12y ago
Yeah I find that statement strange. Not only that, but haven't the majority of the 'successful' founders in which he's invested either been in college or at least in their 20s? Adjacent point: 99% of founders don't
528.
by m52go 12y ago
There were many types of institutions involved in the 2008 crash, from traditional banks to investment banks to ratings agencies to insurance firms to mortgage brokers to governmental bodies and more. The root cause of the crash was unquest
529.
by m52go 12y ago
The question is...how much tip? You don't know whether the tip they're paying is low, reasonable, or generous. A profit-seeking corporation is going to minimize expenses as much as it can.
530.
by m52go 12y ago
It may be cultural, but I think it boils down to corporatism. In a traditional job, there's no subjectivity in what you're paid. You have a rate or a salary and are paid according to that. It's pretty straight-forward. With S
531.
by m52go 12y ago
Oh I see what you're saying. My point is that those wages Soothe pays probably won't be as high as a typical tip-based wage one could earn without Soothe, because Soothe will want to minimize its costs as much as possible. Why pay
532.
by m52go 12y ago
What do you mean? Most workers don't work for tips. They have established salaries or wages that the employer is required to pay them. Tips are entirely optional. Official payroll isn't.
533.
by m52go 12y ago
I've never had to work for tips, but I would HATE to have a profit-maximizing corporation be in charge of how much I get paid in entirely optional cash that has 0 impact on them.
534.
by m52go 12y ago
Hedge funds are opportunistic pools of capital. Like venture capital firms, they exist primarily to make a buck, only hedge funds play primarily in the financial markets. Real estate firms exist to make money using real estate. Banks exist
535.
by m52go 12y ago
> If you pay less in taxes than you ought to, that means that the average citizen either pays more in taxes or doesn't get the social services those taxes would have paid for. No, it means SOMEONE is paying more. That someone could
536.
by m52go 12y ago
I should have said moral AND legal. Those companies' actions are morally wrong and legally wrong. Social good is totally different. Are you assuming money paid in taxes is socially good?
537.
by m52go 12y ago
That was almost entirely caused by an institution known as the BANK. Banks and hedge funds are totally different things. Likening one to the other is like saying Google and Square are both evil just because they're technology companies
538.
by m52go 12y ago
You're conflating 'social' with 'moral'. Everything you mentioned is morally questionable, not socially harmful.
539.
by m52go 12y ago
What's the social cost of hedge funds?
540.
by m52go 12y ago
Guess he was hyper-focused on law at the time? It is still an interesting statement.

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