629 karma · joined February 16, 2011
The fault was that they killed the big story with Neumanns greed and it cratered confidence of the public markets and press.
Good movie though.
Founder intention is absolutely unknowable and it's a ridiculous argument.
A single non elected ruler is going to make decisions on whim not process. As long as there is one unchecked person, you can basically be assured that unpredictability will be the norm.
It's almost certainly a reflection of a culture who's motto was/maybe still is "move fast and break stuff." I think the idea of existential consequences for actions is relatively new one for FB (and to a lesser extent Google) and your seeing a company not move fast enough and a CEO who is probably a little bit underarmed when it comes to really understanding the stakes of certain types of public perception.
The white thing certainly is problematic culturally, but it's not REALLY the problem its more of a symptom of previous power choosing future power.
There, I spared you a click.
I dont think anyone think WeWork is not a strong business model. Id even take it one step further in that it's not the cash burn thats really killing people, it's the valuation. I know theyre connected as a larger company should hypothetically be able to sell less of itself for more money, but at 1/3 of the valuation I think the market feels different about the biz. Although the social signal of being forced to cut does some real bad psychological voodoo.
Most corporations call from a featureless pile of numbers. Now you wont miss the important calls from numbers you'd otherwise consider anon spam.
Jobs and Musk are walking shortcuts. Anthony's biggest mistake is that he got caught by a corporation motivated to pursue.
It's also a large reason baseball cards from the 50s and 60s are MUCH more valuable than the following gens.
> Combining the non-zero and best thing for the biz.
These are kids who by being in YC get expert observation and access to a network that they would take a decade to build. The only scenario in which not getting in is better is if they strike some insane gold pocket and they are physically too busy to participate in YC. They had YC as a captive audience and there was precedent for flexibility, thats non zero.
same same. I hope this serves as the intro to a story titled "The time YC almost made another $5b."