tullius

4 ms·

1.
by tullius 13y ago
I had the same feeling the first time I went. Seeing the amazing costumes people had spent hours putting together made me want to develop my own style and kicked my creativity into high gear. Sure, strangeness is encouraged, but since most
2.
by tullius 16y ago
They are a private company owned by the Newhouse family. They can do what they want.
3.
by tullius 16y ago
Bear Stearns loved to hire autodidact college dropouts. "Under Greenberg’s control, Bear’s profits grew quickly. At its peak it employed almost 15,000 people. While most Wall Street firms preferred to hire Ivy Leaguers, Greenberg looked for
4.
by tullius 16y ago
As the article states these funds were largely raised in 2006 and 2007.
5.
by tullius 16y ago
That's only because they waited to do so as a last-ditch effort after their market share cratered. At that point the cheaper alternatives were only purchased by the existing Mac faithful.
6.
by tullius 16y ago
I don't know what the probability of "drug addicted transients" moving into a foreclosed suburban house is, but I do know that people aren't going to be strongly incentivized to keep up maintenance on a house they will be vacating soon.
7.
by tullius 16y ago
Exactly the kind of the logic that people use to justify going into the corporate world instead of a startup. For people serious about building a successful startup the possibility of going back to a cushy corporate job if things don't wor
8.
by tullius 16y ago
How could the app store not be profitable? They are getting at least 30 cents of every dollar at almost zero marginal cost.
9.
by tullius 17y ago
No they are just clueless, Bebo was purchased for cash.
10.
by tullius 17y ago
A friend told me his kids now try to use iphone hand motions on other screens they encounter and are surprised when they don't work. Same age group.
11.
by tullius 17y ago
I personally don't see any harm in asking the question "How much value does my job create?" While finance is an exciting field that does provide significant benefit in certain areas (i.e., liquidity, efficient pricing) the majority of the
12.
by tullius 17y ago
I understand how you are defining value. I am just rejecting that definition because it is both different from how people typically define the term and not particularly useful. For instance you are claiming that software has no value, onl
13.
by tullius 17y ago
Good question, sounds like value is being defined way too narrowly here. The value of farm equipment isn't the intrinsic or salvage value of the metal and other raw materials it is made out of, the value is equal to (value of crops yielded
14.
by tullius 17y ago
Companies are much better managed now than they were a few decades ago. Think about the fact that corporate raiders were able to buy large companies in the 80's, split them apart and sell their constituent lines of business for more than t
15.
by tullius 17y ago
Profit margin is the important metric to look at in the context of moving to a socialized system. The stats in the linked article say that even if a public entity could run as efficiently as a private insurer there is only 3.7% surplus val