pmarca

8 ms·

1. 61.▲
   by pmarca 13y ago

   I think there's the potential for a renaissance of super-high-end gaming-class PCs for sure. As well as a reason to radically enhance the 3D graphics computational power of smartphones and tablets.
2. 62.▲
   by pmarca 13y ago

   I'm not an optometrist/ophthalmologist by any stretch, so I can't comment on the physiology, but I can say that the most remarkable thing about the Oculus experience is the sensation of infinite depth -- and infinite depth 36
3. 63.▲
   by pmarca 13y ago

   That's exactly what we're trying to do.
4. 64.▲
   by pmarca 13y ago

   Part of our bet is that we are not that far away from not having to trade off field of view vs resolution.
5. 65.▲
   by pmarca 13y ago

   I'm personally very sensitive to this, and the new version they're working on seems to have completely solved the problem as far as I can tell.
6. 66.▲
   by pmarca 13y ago

   I'd argue you're actually seeing the emergence of a "new series A"/"first money in" investor category. Often angel investors who raise seed funds or small venture funds fit in this category. These includ
7. 67.▲
   by pmarca 13y ago

   It may look like that, but that's not quite how we look at it :-). We think about it as trying to back the winners for sure, but being stage agnostic in our approach -- focus on identifying the best companies with the most amazing peo
8. 68.▲
   by pmarca 13y ago

   All of which is ironic as it so clearly demonstrates the need for a system like Bitcoin!
9. 69.▲
   by pmarca 13y ago

   Oh no! The New York Times says a new technology is doomed! Quick, do the opposite of whatever they say!
10. 70.▲
    by pmarca 13y ago

    Exactly. This is not left vs right, this is old vs new. The author has (literally) a PhD in Medieval Studies.
11. 71.▲
    by pmarca 13y ago

    Someone get on that, please.
12. 72.▲
    by pmarca 13y ago

    Gee whiz, if only there were some kind of worldwide computer network where everyone could meet people who share common interests -- for free!
13. 73.▲
    by pmarca 13y ago

    Now that's more like it.
14. 74.▲
    by pmarca 13y ago

    Stop with the facts! You're screwing up the discussion.
15. 75.▲
    by pmarca 13y ago

    Let's go back to the 1960s when only adults had access to computers! Adults with really, really long beards.
16. 76.▲
    by pmarca 13y ago

    Snapchat launch: September 2011 First mention of Snapchat in WSJ: August 2013 First negative mention of Snapchat in WSJ: October 2013 There has to be a name for this phenomenon.
17. 77.▲
    by pmarca 13y ago

    Any minute now, all of this inconvenient, annoying change will stop and things will go back to the way they used to be, when adults writing for newspapers headquartered in New York decided what people think!
18. 78.▲
    by pmarca 13y ago

    [This is not a comment on Snapchat specifically, so I'm going to take out the reference to Snapchat and replace with "X"...] "that being said, the market potential for a google is quite obviously higher than the potentia
19. 79.▲
    by pmarca 13y ago

    MySpace did take the money. We'll never know what they could have developed into had they not become part of News Corp.
20. 80.▲
    by pmarca 13y ago

    How big is your S&P 500 index short?
21. 81.▲
    by pmarca 13y ago

    How big is your NASDAQ index short?
22. 82.▲
    by pmarca 13y ago

    This is NOT a comment on Facebook or Snapchat or any other company I'm involved in -- You're sort of right. The other part that fills in the logic is "what is the value of business X to acquirer Y" -- seen through the e
23. 83.▲
    by pmarca 13y ago

    What's the size of your short position?
24. 84.▲
    by pmarca 13y ago

    Virtually every super-successful tech franchise company got big offers at this stage.
25. 85.▲
    by pmarca 13y ago

    Scott McNealy: sold Sun to Oracle for $7bn [Yes, 20 years later from the point in time I'm talking about.] Steve Case: sold AOL to Time Warner for $164bn [$3 billion isn't cool. You know what's cool? $164 billion is cool.]
26. 86.▲
    by pmarca 13y ago

    If Thomas Watson, Dave Packard, Ken Olsen, Bill Gates, Bob Noyce, Ben Rosen, Michael Dell, Jim Clark, Scott McNealy, Larry Ellison, John Sidgmore, Ross Perot, Steve Case, Steve Jobs, Irwin Jacobs, Larry Page, Jeff Bezos, Pierre Omidyar, Jer
27. 87.▲
    by pmarca 13y ago

    What? Treason doesn't pay?
28. 88.▲
    by pmarca 13y ago

    Ladies and gentlemen, Hacker News 2013. Standing by to shit on every provocative idea microseconds after posting!
29. 89.▲
    by pmarca 13y ago

    "In most firms, the top 10% at a given level outperforms the bottom 10% at the level above them." This is a really key point. This dovetails with another fact of corporate life: over time, the median performance of any level degr
30. 90.▲
    by pmarca 13y ago

    There's always a bottom 10%. Always. Always. Always.