nugget

87 ms·

871.
by nugget 11y ago
The future is here it's just not evenly distributed, as they say. Besides a bubble either bursting or continuing to inflate it seems likely that mature tech companies like Yelp, Twitter, Salesforce, and others will realize they can&#x
872.
by nugget 11y ago
Some people don't seem to understand that there is a ceiling on macro economic debt financing as a driver of economic growth. Once someone or some company has pulled forward all their future consumption and earnings with zirp-level in
873.
by nugget 11y ago
I have a huge amount of respect for Marco but this decision makes no sense to me. Was he afraid of hurting journalist friends and losing invites to the hottest media parties around NYC? Or pissing off other friends and ex-colleagues who now
874.
by nugget 11y ago
It's a pet peeve of mine when bankers or consultants complain about 3-4 hours per night of sleep. There are sprints and periods of crunch time in every industry. But having known (and lived with) friends in the hardest working rungs
875.
by nugget 11y ago
If your dad becomes unemployed and has very little income, he would most certainly qualify for a heavily subsidized ACA health care plan with caps on maximum out of pocket expenses. And that would tide him over until his mid 60s when medic
876.
by nugget 11y ago
Southern California has a nicer climate than Northern California and is cheaper (since there's less tech). The ''best'' climate in the US is probably San Diego up to Santa Barbara within 5 miles of the coast. San
877.
by nugget 11y ago
I think there was a general perception that text based MUDs would die when graphical MMROPGs became mainstream because graphics were just ''better'' in every way. Personally I prefer text in many ways to graphics. It&#
878.
by nugget 11y ago
Does anyone think there might be a resurgent market for high quality, old school text based MUDs in the future?
879.
by nugget 11y ago
That is one network effect that Uber will maintain but I wonder how cheap self driving car services can become - cheaper cars, cheaper energy, no human drivers - we are looking at an extreme amount of price deflation down to levels where th
880.
by nugget 11y ago
No doubt, but as the gap between prices in SF and everywhere else widens, it will become much more appealing for them to move and enjoy a higher quality of life elsewhere.
881.
by nugget 11y ago
It's hard for two kids in a garage to start a new car company or a new investment bank. Much easier for them to start the next big tech company.
882.
by nugget 11y ago
The market always corrects itself. San Francisco's high prices will continue to create an exodus of young talent which should help support a second Silicon Valley type nexus, whether that be in Seattle, Austin, New York, or elsewhere.
883.
by nugget 11y ago
What kinds of websites do you have? I think monetization for different verticals is likely to diverge radically in the next few years.
884.
by nugget 11y ago
I saw an interesting stat recently: the average hour of broadcast TV has traditionally had between 12 and 18 minutes of advertising, whereas on the web the most people seem to put up with is about 6 minutes per hour. That means that even i
885.
by nugget 11y ago
I have no problem with public housing but let's call it what it is: a lottery for the working poor and lower middle class who desire to live in areas they could not otherwise afford. A lottery with much better odds than a multi state
886.
by nugget 11y ago
And I heard they were profitable, which when combined with all those #s, makes the low acquisition price really fishy. $60m for all that is way too cheap. Maybe Polyvore's CEO panic sold or had terrible bankers, but with $22M raised
887.
by nugget 11y ago
For better or for worse, once services become monopolies the government has much more authority to regulate them.
888.
by nugget 11y ago
''The answer to 99 out of 100 questions is money.''
889.
by nugget 11y ago
My comment wasn't meant to be tangential or start a flamewar. I think the article hits upon one of the most important issues of our time, namely how we want to structure our most important urban centers moving forward. There are very
890.
by nugget 11y ago
It's about quality of life, not relative income. I used these two states as examples because I've spent a lot of time and have a lot of friends in both. In Texas, a middle class income sets you up with a decent house, in a decen
891.
by nugget 11y ago
California: incessantly talks about the need for equality more than anyone else in the world; creates least equal, most economically stratified society in the United States where all except the independently wealthy feel uneasy. Texas: make
892.
by nugget 11y ago
I'm surprised they didn't roll out some kind of loyalty program to go along with this. I spend $30k/year with SPG (employer covers it) and using the SPG Amex and other bonuses I estimate about 20% of that amount comes back i
893.
by nugget 11y ago
I'm shocked by how quickly Homejoy seems to have folded. It was viewed as a baby Unicorn around Silicon Valley. Hopefully a more detailed post mortum will come out in the press in the next couple weeks.
894.
by nugget 11y ago
All they did was kick the can down the road for the 32nd time. This is the most boring sovereign default in history.
895.
by nugget 11y ago
The Bay Area can get away with way more than any other place because of its concentration of tech company hq's and the associated valuation and m&a premiums. Other cities have to compete on a much more level playing field.
896.
by nugget 11y ago
Even those who don't subscribe to consumerism (myself included) have to admit there's a difference between living in a car and living in even a sparsely appointed 400 sq ft studio or 1 bedroom apartment. My comment was just an a
897.
by nugget 11y ago
Silicon Valley is a gold rush type of town. In these environments, people are willing to live very minimally in the manner you describe. Van dwellers all around MV and PA are proof of that. There's euphoria in the air and a sense th
898.
by nugget 11y ago
Yes, Adblock Plus' whitelist has been compared many times to a mafia style extortion scheme. Companies pay to let their ads through. By using ABP over other copies of the same open source code (or competitors like uBlock), you are su
899.
by nugget 11y ago
Can you dump a ton of money into replicating Facebook and have it succeed? Google+ seems to indicate no. Since the value of a social network derives from my friends being on it also, some critical mass of us have to switch at the same tim
900.
by nugget 11y ago
I've said this before but it strikes me as under appreciated that Uber's main enterprise value is their network of drivers and their logistical expertise in managing and coordinating that network. Once self-driving cars become ma

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