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samolang
searching PlanetScale…
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21 ms
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151.
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by
samolang
13y ago
It's similar to television. All of these companies have relatively fixed costs. When adding a new customer is super cheap, and your product has the potential to be super popular, then the optimal business plan is to maximize the number
152.
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samolang
13y ago
http://paulgraham.com/gap.html
153.
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samolang
13y ago
Plus you don't pay federal income tax on the money when putting it in and then don't pay capital gains taxes on your gains year after year. They neglect mentioning that not paying capital gains on your 7% gains saves you more or
154.
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samolang
13y ago
The only actual point this article makes is that its hard to save up enough money to live off of for 20-30 years. You can't trash 401(k)s without providing an alternative that is better. It's hard to save for retirement. That&#x
155.
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samolang
13y ago
When you said it was relevant to HN I thought you were going to say because the same phenomenon happens with start-ups. Being good isn't always enough, usually you need a little luck as well.
156.
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samolang
13y ago
How is that any different from the freemium business model? They offer a lot of playing time for free and if you really enjoy the game, then you're willing to pay for more.
157.
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samolang
13y ago
Have you actually played Candy Crush? It's a well designed game that is a lot of fun to play. At no time do you actually have to pay for anything. People voluntarily pay because they want to keep playing at that moment or because they
158.
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by
samolang
13y ago
You still need to pay the bail bondsman 10% of your bail (and you don't get it back). He probably didn't have a spare $50k. The question I have is why was the bail $500k? That seems excessive.
159.
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samolang
13y ago
I could be mistaken, but I don't think the idea is to force poor people to be detained. I think the purpose is to provide an incentive for the accused to show up to their court date. If the person posts the bail themselves, then they
160.
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samolang
13y ago
What.cd is a private torrenting site. They decided to open source the code they use to run their site.
161.
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samolang
13y ago
I don't think so. They work for the Department of Alcoholic Beverage Control. This is about as exciting as their job gets.
162.
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samolang
13y ago
They work for the Department of Alcoholic Beverage Control. That is literally their job (as stupid as that might sound).
163.
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samolang
13y ago
I had no idea there were age limits on gun ownership in America. Looks like you're right though (except in Vermont the age limit is 16).
164.
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samolang
13y ago
"As far as the laws of mathematics refer to reality, they are not certain, as far as they are certain, they do not refer to reality." - Albert Einstein
165.
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samolang
13y ago
Sounds like they have two goals. One, make adoption as easy as possible for merchants. Two, make the experience not suck (we're used to cash and credit cards so the experience has to be better than using them).
166.
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samolang
13y ago
There are some scant tech details in this article: https://news.ycombinator.com/item?id=5953926
167.
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Clinkle Raises $25M Seed Round
(techcrunch.com)
4 points
by
samolang
13y ago
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3 comments
168.
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SciCast: a new way to make crowdsourced science and technology predictions
(scicast.org)
1 points
by
samolang
13y ago
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0 comments
169.
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samolang
13y ago
They're not using the same definition of "social welfare" that you have in your head. http://en.wikipedia.org/wiki/501(c)_organization#501.28c.29.... http://www.slate.com/articles/ne
170.
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samolang
13y ago
Because gay marriage has nothing to do with technology, but NSA spying does.
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samolang
13y ago
My point was that it doesn't matter that HE can't come up with anything. The IRS agent can't just be like, "well I don't think there's any way that a tea party group could be doing social welfare. Denied!"
172.
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samolang
13y ago
So spending 10% of your budget on public policy is okay, but 49% is too much? You have to draw the line somewhere, they've chosen 49%. You can't just have IRS agents going "oh that sounds too political." You need actual
173.
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samolang
13y ago
I guess we interpreted this differently: > Spurred by such concerns over unfair competition and lost revenue, Congress enacted the UBIT. It taxed any trade or business regularly carried on by Section 501(c) organizations if the activity
174.
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samolang
13y ago
So there's a law that states "exclusively for social welfare" and there's a law that says its okay to participate in non-social welfare activities? The laws sound contradictory to me and it seems like the IRS has a prett
175.
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samolang
13y ago
First of all, the IRS admitted to and apologized for specifically targeting conservative groups. Denying it at this point is absurd. Second of all, the legal definition of a "social welfare" organization is that it spends at least
176.
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samolang
13y ago
The law states that 501c groups are allowed to participate in politics so long as 51% of their money goes towards social welfare. For example, [1]. Would you say the same thing if planned parenthood was denied non-profit status because it i
177.
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samolang
13y ago
The problem is that quality healthcare didn't become an entitlement over night. For many, many years most (all?) people didn't have access to quality healthcare. Over time more and more people got access to quality healthcare unti
178.
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samolang
13y ago
The author mentions private prison scandals, but neglects to mention that scandals occur in public prisons like [1] this one as well. [1] http://baltimore.cbslocal.com/2013/04/23/25-correctional-off...
179.
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samolang
13y ago
From the NSA's website: > I'm often asked the question, "What's more important – civil liberties or national security?" It's a false question; it's a false choice. At the end of the day, we must do bot
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Microsoft to Open Mini-Stores Inside Best Buy
(bits.blogs.nytimes.com)
1 points
by
samolang
13y ago
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0 comments
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