gopi

Reforming h1b is a must. We should replace the current h1b lottery system with a salary based auction system. So whichever company pays the most salary gets the visa. Of course, we have to normalize for location & exempt nonprofits. (otherwise, rich bay area companies will get all the visas).

In the long run, we should go for a point-based immigration system like Canada.

Yes, technically what you say is true... But isn't somebody who is legally working & settled in the US for more than 10 years an immigrant?

More info - http://www.venturenashville.com/fintech-seed-stage-banclist-...

This is a issue particular to California because of Prop 13. In many other places in US, the housing stock circulate as people go thro life changes. Not so much in California

Sridhar, after this nightmare is over, move all your domains to MarkMonitor

Some time ago i did this math by choosing random bay area properties in Zillow, find the oldest last sold price and arrive at CAGR to the current zestimate.

Mostly it was in the band of 6-8%. This is less than S&P 500 and considering the mortgage rate was >6% before 2006 its not much. One exception to this is properties bought in the 2008 recession which had 12-18% CAGR.

my phone is always in do not disturb mode

yup, its cost around $500 to update in some, crazy!

Most digital ads are direct response, so i am sure digital ads are profitable otherwise direct marketers will not spend

BTB, Average ad click thro rate is 0.05%, its 1 in 2000 people. So obviously clicking ad is a rare event but it do happen

Very cool

Apple pay in the web is going to fix most of those issues

Both Hillary and Trump says they are going to boost infrastructure spending. I think its better to wait and see how self-driving/mobility as a service develops before spending money on transportation infrastructure

In suburbs of most US big cities (Chicago, Dallas, Raleigh, Atlanta etc) you can get a decent 4 bedroom 3000 sqft detached house in a good school district for under $500k

BTB, I am a immigrant and i like these Mcmansions compared to the cramped houses i grew-up in india. Also i think US has one of the cheapest real estate in the world relative to income.

I think such a story is difficult now unless its a niche small market. Lets say someone start a company and stumble-upon a massive market but decides to grow slow financed by revenue. The problem is others are going to copy the idea and grow fast with VC money and crush the original company. May be possible in the next downturn when VC money dries up

Read Blitzscaling by Reid Hoffman - https://hbr.org/2016/04/blitzscaling

Seems every decision people take in regards to their Homes is based on a perceived resale value. Thats the reason average homes have useless features like formal dining room or large fireplaces. Most people seldom use those and those spaces can be repurposed for better use.

Goodluck with your YC application

The chances of CIA killing you in a self driving car is much much less than you killing yourself in an accident on a manual car

Maybe i am unsophisticated but i liked the supposedly bad examples better than the good examples!

Its not a few percentage points - Regular income tax rates are almost double the capital gain rates

So if it happens, does Dan Gilbert slowly move Yahoo workforce to Detroit to save money?

This celebrities travelling in private jets and partying in yachts preach others about climate change!

I think top tech philanthropists like Zuckerberg and Gates should look into this.

Most of the these articles never consider state/local level income taxes. For a person in California the total top capital gain tax rate is more than 33%. This is actually the second highest in the world.

If you consider the regular income tax its even much worse, currently the combined income tax rate in California is more than 50%

Foundation or LLC, when Mark dies only 1% of his wealth will be passed to his kids...If this is not Generosity i don't know which is

It cost half that in most south bay cities. For $5k you can easily get a 2000 sq ft 4 bedroom independent home in most south bay towns (except palo alto, los altos etc)

Green card in 3 years?, not for someone from India. If the current system continues it may take 10 years or more for people of indian orgin to get a employment based green card

This is what Mark Cuban did when he sold broadcast.com to yahoo in a all stock sale - http://www.quora.com/How-did-Mark-Cuban-save-his-wealth-from...

True it will not work for most products but will work for fashion and clothing which Amazon lags bigtime.

Scrap H1B and legislate a point based system to offer work permit directly to the employee.

If someone do the same analysis for european and asian cities then it will be apparent how affordable (relative to wage) US still is!