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Echo117

30 karma · joined August 25, 2011

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Echo117··on Poll: I disagree with you, is it ok to downvote you?
Your third example should go under the distinction of statements you disagree with.

There are plenty of reasons why Instagram may be worth $1 billion that are not outrageously, astonishingly wrong. Not least of which is because that's what Facebook paid for it two years ago. Instagram has grown significantly since then, as has FB's valuation. I'd speculate Instagram could go public today at a low multi-billion valuation.

Echo117··on A +Pool in the East River
That was the first Kickstarter. The most recent one (and the one described in the story regarding $300k raised, etc.), is here: https://www.kickstarter.com/projects/694835844/pool-tile-by-...
Echo117··on Kindle Unlimited
There are about 2,000 audiobooks available through Kindle Unlimited. Compared with 150,000+ available through Audible.

So yes, if the books you want to listen to are on KU, it's a better deal.

*Full press release embedded here: http://www.businessinsider.com/amazon-unlimited-reading-2014...

Echo117··on Restaurant Watches Old Footage Of Customers And Uncovers A Shocking Truth
Happy Place tackles this "study": http://happyplace.someecards.com/stop-sharing-this-crap/a-re...
Echo117··on Tell HN: How we bootstrapped to the #1 rated mattress on Amazon.com
I've had the Sleep Innovations mattress on my list to buy for a while (http://www.amazon.com/Sleep-Innovations-SureTemp-Mattress-Wa...). Any differences between the two that you'd like to highlight or comment on?
Echo117··on A spectacular failure of a state medical board
That link currently ranks at #4 for me in a Google search of Christopher Duntsch, no quotes.
Echo117··on Ask HN: Do you think it's possible to live without Internet at home?
Of course it is. I've done it before, it's not particularly difficult after an adjustment period if you work a desk job with Internet access.

Anyway, if you're seriously considering cutting off at-home Internet, take a look at FreedomPop's free plans, limited to 500MB-1GB of data or something per month. I haven't used them personally, but it could be an inexpensive way of reducing the allure of an unlimited Internet funnel.

Echo117··on The SEC Just Voted To Lift The Ban On General Solicitation
I'm assuming that qualified investors means accredited investors. SEC definition here: http://www.sec.gov/answers/accred.htm
Echo117··on The SEC Just Voted To Lift The Ban On General Solicitation
You still need to be an accredited investor to take part in these potential general solicitation rounds (net worth above $1 million, minus primary residence, or annual income of more than $200,000), right?
Echo117··on Click on a few dots and our program will guess your age
Age 29 the first with regular speed of clicks. Age 53 the second time taking lots of time between clicks and being more careful to click the center of the circle.
Echo117··on That Daily Shower Can Be a Killer
Are you thinking of Gadsby? http://en.wikipedia.org/wiki/Gadsby_%28novel%29
Echo117··on Compound Interest Is A Lie
Sensational headline.

Sure, money managers have a significant interest in lying about their likelihood of outperforming market averages (6.6% real return in the last 100 years, by the way, not 5%), but their fees don't mean that "compound interest is a lie."

Compound interest isn't magic, it's just pretty simple math.

Echo117··on SmartAsset, the Financial Calculator Killer
My preference has been http://www.nytimes.com/interactive/business/buy-rent-calcula...

There are a lot more options that I can take into account using the NYT version (ownership costs, HOA fees, specific mortgage rate, length of mortgage, rate of return of other investments, etc). How is this calculator better? Just because it’s simpler?

Echo117··on "therefore, starting now, waffles are now $450.00 each"
Response from Groupon: “Mr. Nels[e]n initially approached Groupon and our merchant advisors structured a deal to best encourage overspend and help his business grow. We also required Back Alley to cap the number of Groupons sold to ensure the feature was in the best interest of both consumers and the merchant. We scheduled his feature on his terms, on a date he selected, under a contract he reviewed and signed. According to our records, only 132 Groupons, or 18% sold, have been redeemed since Back Alley ran two months ago, and Mr. Nels[e]n has received 2/3 of his share of the revenue to date. We always hate to hear that a local business has decided to close, but the math does not point to Groupon as the cause.”

Source: http://www.washingtonpost.com/blogs/going-out-gurus/post/bac...