mathattack

66 ms·

1. 3421.▲
   Constantinos Daskalakis adapts techniques from computer science to game theory(news.mit.edu)

   3 points by mathattack 11y ago|0 comments
2. 3422.▲
   by mathattack 11y ago

   My 20/20 hindsight only remembers the great ideas that I never got around to chasing. (In 1991 - going long tech in Tel Aviv, in 1996 voice recognition for mobile...) As I've gotten older, the ideas come less frequently, perhaps
3. 3423.▲
   Marissa Mayer’s Big Red Book: A Guide to What the Yahoo CEO Will Do Next(recode.net)

   2 points by mathattack 11y ago|0 comments
4. 3424.▲
   by mathattack 11y ago

   Economics is an art, not a science. (As much as they like to pretend otherwise)
5. 3425.▲
   by mathattack 11y ago

   I'm expecting a 30-40% decline in S&P 500, 30% decline in bay area real estate values, 30% of bay area "well-funded" startups going bust, and 25% reduction in market rate pay for software engineers over the next 2 years.
6. 3426.▲
   by mathattack 11y ago

   I'm not an expert, but LinkedIn doesn't seem that awful a company at $14 billion market cap, especially given the following: - The have $3 billion in cash [0] - They are cash-flow positive, and have a $3 billion run rate. (So tak
7. 3427.▲
   by mathattack 11y ago

   I very much like the idea of auctioning these off to companies, either explicitly (pay the government for each one) or implicitly (bid up the salaries you'll pay for them). Although I'm not a fan of large taxes, I think the forme
8. 3428.▲
   by mathattack 11y ago

   I was only 3/10 - so I think it takes an eye for art to beat it. In my mind this is like a chess program getting to 1200. Not enough to beat an expert, but it's on to something.
9. 3429.▲
   Should your tech firm have an economist?(jedkolko.com)

   2 points by mathattack 11y ago|2 comments
10. 3430.▲
    by mathattack 11y ago

    They can absorb a tremendous amount. The total market cap of the S&P is ~$18.5 trillion. [0] Total VC investment is ~$50 billion annually. [1] Let's say that each VC investment returned a 3X return (a reasonable average) then t
11. 3431.▲
    What Ivy League students are reading(washingtonpost.com)

    3 points by mathattack 11y ago|0 comments
12. 3432.▲
    Tesla's worst nightmare cheap gas(money.cnn.com)

    2 points by mathattack 11y ago|0 comments
13. 3433.▲
    Yahoo to Hire More Sale Advisers(recode.net)

    1 points by mathattack 11y ago|0 comments
14. 3434.▲
    by mathattack 11y ago

    A lot depends on what you do during those hours, and what the work expectations are. At one point in my life I lived a block from work, and put in 12-14 hours every day and fielded calls 2-3 times a week at 2-3am. That's no different
15. 3435.▲
    How Your Modern Internet Experience Is Made Possible by Airplanes(flexport.com)

    1 points by mathattack 11y ago|0 comments
16. 3436.▲
    The New College Degrees(marginalrevolution.com)

    3 points by mathattack 11y ago|0 comments
17. 3437.▲
    by mathattack 11y ago

    There's a huge funnel effect. Most (99%?) of the YC companies don't IPO. A lot get bought out on the way, and many fizzle out. There's an enormous Power Law effect happening. (DropBox and AirBnB at one point accounted for
18. 3438.▲
    by mathattack 11y ago

    I appreciate that the OP fesses up to his lesson in humility. Getting into VC is very hard. There are thousands of newly minted MBAs who want to get into the field. If you have an offer that is 15-25% below market, take it. There are th
19. 3439.▲
    by mathattack 11y ago

    I was thinking Singapore, but is that scalable?
20. 3440.▲
    by mathattack 11y ago

    World War 2 wasn't caused by too much productivity.
21. 3441.▲
    by mathattack 11y ago

    There was talk of turning social security into private investment vehicles. (Similar to a 401K) Lots of problems with that, but the current system isn't so great either. What I'm trying to get at here though isn't just turn
22. 3442.▲
    by mathattack 11y ago

    Many great scientists (Einstein amongst them) get into trouble when they veer into Economics. Einstein predicted social unrest from massive unemployment due to productivity improvements. Productivity improvements help people in aggregate.
23. 3443.▲
    by mathattack 11y ago

    The reason startup founders can safely be nice is that making great things is compounded, and rapacity isn't. So if you're a founder, here's a deal you can make with yourself that will both make you happy and make your compa
24. 3444.▲
    by mathattack 11y ago

    Yes. Lift to exhaustion encourages poor form, which in turn encourages injuries. One size fits all also encourages injuries. It's just stupid. It's one thing getting hurt in something like football or jiu jitsu where it's
25. 3445.▲
    by mathattack 11y ago

    Barbells = Good. Cult of Work Past Exhaustion = Injuries.
26. 3446.▲
    by mathattack 11y ago

    The joys of LinkedIn. The author [0] was captain at Eleven Madison Park [1]. I've never been there, but back when I had an expense account job, the few similar spots I'd been to in NYC were mostly old fogies quietly eating dinner
27. 3447.▲
    by mathattack 11y ago

    All the overseas employees working in NYC are not taxed. To create equity amongst employees, US employees get their salaries bumped up to make their offers appear tax-free. So if your salary is $90K, and you are American, they give you en
28. 3448.▲
    by mathattack 11y ago

    2 benefits of the UN in New York: 1 - They pay no tax. (And salaries get trued up to cover it) 2 - The kids get access to a great private school. I don't know anyone who has done great work (besides avoiding wars) at the UN, but I kno
29. 3449.▲
    by mathattack 11y ago

    I've seen early stage VCs suggest hiring temp CFOs (though it didn't pan out for Virtual - highlighting that the onus is still on the CEO) and late stage VCs saying, "We'll give you $25 million, but we hire the CFO"
30. 3450.▲
    by mathattack 11y ago

    I've seen this is in many businesses. The biggest offense is gross vs net revenue. "Oh, we're an X million revenue firm" is frequently tossed out, when the company only keeps 15% of that to pay the bills. This is espe