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mediaman
searching PlanetScale…
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931.
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by
mediaman
17y ago
Interesting. How many states does Netflix have tax nexus in? Amazon already has DCs in ten states.
932.
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mediaman
17y ago
Depends. Many shareholders may be willing to take a 30-40% price premium, particularly in this market -- and that would raise their price to $2.3bn to $2.5bn, which, if $1.8bn is a steal, is still a good deal.
933.
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mediaman
17y ago
Indeed it is true, except for very short periods of time where it begins to break down. In quantitative finance one can model the market or an individual stock as a Brownian motion with a long term upwards drift. The results look startlingl
934.
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mediaman
17y ago
It seems that the fee should not be linear to the number of users. Make it log(x) or something.
935.
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mediaman
17y ago
Indeed this is a prediction of Solow's exogenous economic growth models: there are diminishing returns for investment in either capital or labor alone, but linear returns for investment in both. With a country which has had very low capital
936.
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mediaman
17y ago
I like how in one of the examples of an entrepreneur who was able to get a supplier to front some initial costs, the supplier happened to be her father. That must have taken some tough negotiating!
937.
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mediaman
17y ago
I believe Wal-Mart practices their preaching even at the higher levels. For example, I know a number of management consultants who work for the big brand name consultancies. They travel each week to work at their client's site, and usually
938.
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mediaman
17y ago
Does that actually make any money though? I often wonder what the purpose of chasing a few bucks here and there is if it doesn't make much and isn't scalable. Maybe it does make some money.
939.
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mediaman
17y ago
Negligence is not always obvious. Most entrepreneurs with a technical background should take a class or two in managerial accounting before they start. They should work hard at understanding it and developing financial models for their busi
940.
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mediaman
17y ago
I've always thought Warren Buffett's early partnership model was far more intelligent (for the LP at least): he received nothing if he delivered less than a 6% per year return, which he justified because it was a reasonable rate an investor
941.
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mediaman
17y ago
Bingo. Ads work. I work in advertising now and I see how the current economic climate has impacted the industry: ad spend always is one of the first expenses to be cut, and the trends I see in cutting today suggest to me that what we are se
942.
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How to Be an Effective CEO
(nytimes.com)
3 points
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mediaman
17y ago
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0 comments
943.
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mediaman
17y ago
I think it can last longer than a couple months. I worked on some relative value trading algorithms in connection with work that a b school prof was working on, which got picked up by some of the major HF players. It continued to work for a
944.
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mediaman
17y ago
I think the article mentioned that there was insufficient data. Without an ability to test it, I'd hypothesize that rain matters more in areas where people are more likely to be outside. In areas that are more car-dominated it may matter le
945.
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mediaman
17y ago
Summary: rain reduces the probability of interaction with people. Interaction with people correlates with homicides. So rain inversely correlates with homicides.
946.
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mediaman
17y ago
Dick Fuld was never 'one of the boys': Lehman had a tortured past, and grew up after its spinout from American Express as a bond house, not an elite investment bank, and only began rising in the M&A league tables in the 2000s. Until the
947.
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mediaman
17y ago
Note: In a prior life I was a part of the CDO research group supporting the clients at Lehman's trading desk in NYC. I'm familiar with what happened there. The article contains a few errors. One, the article claims Lehman owned lots of seni
948.
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mediaman
17y ago
For perspective, the new Prius model has a sales target of 100,000 cars in 2009. Somehow I doubt that some small company with a new engine technology has outsold threefold Toyota's massively efficient and effective sales, marketing, and dea
949.
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mediaman
17y ago
Good point. Your business is a good example of one in which you are able to charge reasonably aggressive prices even to a demographic that is not normally considered monied. That people are often willing to pay far more than you'd think is
950.
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mediaman
17y ago
That's not always the best metric, particularly when your product is being sold to an entity which is dissimilar to you (see: rich people, medium to large companies). In those cases, they are often willing to pay much, much more than you wo
951.
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mediaman
17y ago
Isn't this a major opportunity for a centralized, scaled outsource provider to deliver 911 service to municipalities who sign up for it at a lower cost and better rate of service than would otherwise be possible? Imagine an advanced call ce
952.
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mediaman
17y ago
Labor is actually a substantial part of airlines' expenses. Southwest's most recent SEC filing indicates that its 35,000 employees represent 32% of its total operating costs, or about $3.4bn. These employees served about 101.9 million passe
953.
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mediaman
17y ago
When I started my B2B company, it took us forever to get sales. As in, about 2 years. We now have a healthy low-medium seven figure sales run rate. So anything in the B2B space -- particularly involving big clients -- will have long sales c
954.
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mediaman
17y ago
This is a good idea, but I'm guessing from the OP's comments that he has a B2B model that likely requires personal a personal presence to get it sold. Great idea for things that don't require that presence though.
955.
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mediaman
17y ago
University of Kansas clocks in at $29k for four years; UIC in Chicago is about $25k (plus some fees that might bring it closer to 30). UMN does appear to be pretty expensive relative to other schools for in-state tuition, but it's a quite r
956.
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mediaman
17y ago
America, too. Not everyone goes to $40k a year private schools. A degree from an in-state school can be had for well within $50k.
957.
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mediaman
17y ago
There also exists the possibility that they were assholes -- most good businesspeople I know are good about letting the new person in. But in that case given they were who they were, one tactic if you see your friend there is to walk up nex
958.
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mediaman
17y ago
Thanks for the pointer -- I hadn't read Dilemma yet, thinking it contained much the same as the later Solution, but you've given me reason to read it. I enjoyed Surowiecki as well.
959.
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mediaman
17y ago
In Derek's defense, several of the books he listed do have specific, harder knowledge, such as "Predictably Irrational" (written for the lay person, but cites many high quality studies), "Stumbling on Happiness" (same, covers much good rese
960.
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mediaman
17y ago
I found your comment: "But the money comment is all part of who he is. He loves money: counting it, trading it, scheming about it. He's not worried about money, but he is fascinated by it. He spent more time coming up with the pricing schem
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