vmurthy

38 ms·

391.
by vmurthy 7y ago
An interesting trivia: the concept of bill discounting was accepted as a workaround to the usury laws of the time. Source : Niall Ferguson’s “Ascent of money”
392.
by vmurthy 7y ago
I’d add “The ascent of money” by Niall Ferguson to a list of books to read to understand invention of money.
393.
by vmurthy 7y ago
If fund raising is any indication of this prediction (my bet is yes), look no further than the two big players in India - Swiggy and Zomato [0] and [1]. Losses are in the range of 70 million dollars or so for FY17-18 [2] [0] https:/&#
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by vmurthy 7y ago
Thank you for this. Lovely read! :-)
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by vmurthy 7y ago
> I fear venture capital (and Silicon Valley) is much more about value extraction than value creation these days. If you think about it, most of the venture capital goes in financing duds. That's an unfortunate truth about entrepren
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by vmurthy 7y ago
Like /u/photojosh mentioned above, it's no good to print money and equally hand over to citizens if most of the citizens don't buy anything :-). Photojosh's comment breaks down how the citizens might be doing it.
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by vmurthy 7y ago
Tl;dr 1. Don’t f * over your customers and partners. 2. Don’t build what _you_ want and expect that everyone will use. I had read “Hit Refresh” a while ago and Nadella does talk a lot about empathy. It felt a bit woozy at that time but m
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by vmurthy 7y ago
Don't forget his book "Why Zebras don't get ulcers" [0] [0] https://www.amazon.in/Why-Zebras-Dont-Ulcers-Stress-Related-...
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by vmurthy 7y ago
If there is a gold rush, it's far more prudent to sell shovels than dig for gold, no? :-) https://www.quora.com/What-are-some-examples-of-sell-shovels...
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by vmurthy 7y ago
Amazon does have WorkMail [1]. Per the blurb, WorkMail is "secure, managed business email and calendar service with support for existing desktop and mobile email client applications" https://aws.amazon.com/workmail
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by vmurthy 7y ago
I'm saving this comment :-) In the future, I'll cite you as a visionary when this unfortunately comes to pass!
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by vmurthy 7y ago
The story mentions a few stories and it might be a lead indicator but I tend to "follow the money" ;-) and this is what the money tells me[1]: "Last year, VCs invested just over $200 million in various podcast platforms and r
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by vmurthy 7y ago
You're right.Here's a better source. I have highlighted the relevant passage on my Kindle from the book "A Brief History of Time" and sharing as an image because I can't quite get to post directly as text. https:&#
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by vmurthy 7y ago
Hagiography aside, Newton, the Man was also mean-spirited and would go to great lengths to ensure his "opponents" would suffer. I remember reading that as President of the Royal Society, he politicized the Leibniz Calculus issue s
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by vmurthy 7y ago
Heh! Nice one :-) . I remember taking a competitive exam called CAT for admission to MBA. CAT is notorious for being highly competitive and also has some questions involving calendars. Some tricks and tips involving calendars here - https:
406.
by vmurthy 7y ago
I was/am in a similar situation but with one kid. The trick I use is to use my travel time efficiently. I travel by public transport. ~1.5 hours each way. I read on my Kindle and note down thoughts/points in a physical diary. When
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by vmurthy 7y ago
Couple of things to note: if you’re an employee and rich and earning, chances are minimal because your employer deducts taxes every month and deposits to the Government. If you own a business and you are rich you can choose a lot of ways to
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by vmurthy 7y ago
Uh , if you’re talking personal income tax , we have only at a federal/national level
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by vmurthy 7y ago
The devil is in the details. It will affect about a 100000 Indians [1]. However there are various tax breaks on second homes and stuff so the numbers may go down further. [1] https://indianexpress.com/article/india&#x2F
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by vmurthy 7y ago
Bang on about the incentives part. I don't quite know about the healthcare system in the US but don't they have incentives to prevent diseases?
411.
by vmurthy 7y ago
> People in the US die earlier than in any other first world country The causes of death might not be the healthcare system ,no? What if the majority of these deaths are caused by bad diets and stress? Would you blame the healthcare sy
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by vmurthy 7y ago
The first thought that came to my mind was if Raymond Chen's blogs on MSDN got deleted. Now , that would have been a tragedy! The blog is still up fyi. Tons of technology trivia and snippets there. Growing up, JoelOnSoftware[1] and R
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by vmurthy 7y ago
A new fact I learned today and which doesn't make me any happier: 'Survivability was based on what is called "wet bulb temperature" -- a combined metric of humidity and the outside temperature. When the wet bulb reaches
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by vmurthy 7y ago
> I wonder if we'll end up seeing state actors (or supranational entities like the EU) promoting state funded networks as a public alternative, as is sometimes the case in industries You make a good point but I'd like to think
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by vmurthy 7y ago
To paraphrase an old joke : "Nobody goes there anymore. It's too empty". What you describe there is the classic problem of Network effects. The limitation is not on the tech side of things. People don't use the decentr
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by vmurthy 7y ago
> sell it to me without memory (or memory at a normal price), etc... That's the catch isn't it? Manufacturers have a lot of markup on things like RAM and SSD that they'd rather force you to upgrade on their websites than s
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by vmurthy 7y ago
It's interesting to view acquisitions of software companies by firms like KKR. They're after all the guys who bought RJR Nabisco [1] My money is on them ruthlessly cutting costs, laying off engineers and basically milking the co
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by vmurthy 7y ago
If you like Science , I’d highly recommend “Our mathematical universe” by Max Tegmark. I’m halfway through it and find it fascinating. It is more about physics than mathematics. Think of it like “A brief history of time” advanced plus.
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Poll: What Made You Quit Social Media (FB/IG/Twitter)?
6 points by vmurthy 7y ago|3 comments
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by vmurthy 7y ago
Privacy Concerns (Cambridge Analytica Scandal)

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