1,254 karma · joined February 5, 2014
What lead do they have in battery production? Currently, they purchase all cells from Panasonic, if I'm not mistaken. Sure, the Gigafactory is going to be...big. But it's far from finished (and there's speculation that construction is on hold). Meanwhile, it's not like all the other large-scale battery producing conglomerates are just sitting around; they are also expanding production.
"I know, right? Why don't all those damn sodomites just take their chemical castration and shut up and accept the fact they're criminals?"
It isn't just about "markets". There are actual businesses underlying those financial assets that require economic growth to expand, hire people, pay wages and provide an economic return to their owners (including shareholders).
Were. Regulation and competition are chipping away at those profits. The days of obscene profits in the Wild West are done.
This is very important advice, and I've applied it to car purchases, condo lease agreements, cable and phone contracts, you name it.
It's about leverage. If you have alternatives, and what the person on the other side of the table offers doesn't fit your needs, take your business elsewhere. You have to be prepared to leave or say no.
On the other hand, if you can't say no, then you don't have any leverage.
It's a math textbook. There are thousands of them. What makes this one so special? The fact that it says, "No B.S."? It has a fancy webpage?
It looks pretty standard, and isn't even very cheap.
Yes. Why not? People complain about it not being in the "mainstream" news, but then say, "well, that's someone else's problem to deal with".
HackerNews, Reddit, Twitter, and Facebook aren't mainstream? I beg to differ.
If this event was reported on any other media, I'd have no idea that it was occurring.
Do you know something that the jurors don't? Reasonable doubt. That's how the system works.
This is probably true, but I can't recall seeing it in many threads I read. On the other hand, I've seen comments (albeit, downvoted), on these very forums, calling for Mr. Gates' death. I'm serious. That's unbelievable in what is otherwise a highly intelligent tech community.
My post probably comes off as "Who cares?", and that was not my intention. This is amazing of Mr. Cook. But let's not attach it to "Apple is so great!"
Precisely. The media and punditry love to emphasize that economic models didn't see this or that crash, or can't explain this or that phenomena. Yet this guy writes an incredibly well researched, deep book, and the same people pile on because his conclusions don't model reality to a tee. Economics doesn't work that way. All researchers can do is attempt to get incrementally closer to "the truth".
We're going through some interesting times of awareness of wealth inequality globally, so both the "socialist" side and "capitalist" side have exaggerated his conclusions, and thus the guy can't stay out of the news.
Did you read the article, or just the headline? There are more CEOs "like him".
"More than a hundred" have signed up to give away their wealth to charities, including Bill Gates, who started the pledge along with Warren Buffet. Of course, around here Bill Gates eats vitriol, because of some business practices in his history and despite his generosity and charity work. Meanwhile, Apple openly conspired to keep industry wages low and gets "#Respect"?
This is not to take away from what Mr. Cook has decided. It's great for the world. But let's not put him on a pedestal without at least acknowledging there are a slew of wealthy individuals doing this, some of them real pioneers of the idea.
On what planet can the act of becoming profitable be considered a "backfire"?
That's not happening here...yet. We could be at the very beginning. Who knows for sure?
The 2000 tech bubble also came and went without every single company going bankrupt. So the fact that some companies are doing great things means squat when it comes determining whether there is a bubble or not.
It always makes me laugh when I see this sort of talk in places like Hacker News. This is a very privileged subculture. If the proletariat rises up, the "intelligentsia" of Silicon Valley will likely be on the chopping block.
Refute what claim? That you think it's a "bad piece"? That's an opinion, and you're entitled to it. There's nothing to refute.
Why, then, isn't the "safe space" (in this case) anywhere that isn't the lecture hall holding the specific debate?
If you live in a major urban area, and hang around in the right circles, it's very likely you can find a local party with which to partake, and thus get to take advantage of top-notch medical care in case of emergency (if that's your worry).
There's something to be said about experiencing the fear and pain of physical combat, something nearly every species on the planet (including our ancestors) deals with on a daily basis.
That makes more sense. Otherwise, this is movie-script-like hacking ability.
Wrong. The "build your car" tool is generally the MSRP, since it's on the manufacturers site, which will be substantially higher than price you'll have to pay at the dealer.
So why didn't you go elsewhere?
His living depends on the commission he earns from selling you the car. If you feel the people are dishonest, why do business with them?
I've bought multiple cars in my life. I don't understand this in the slightest. Every experience I've had has been only slightly more involved than purchasing anything else, as it should be for the cost.
The dealership world is hyper-competitive. Know the value of the car you want, and what you're willing to pay. Let them know that. If they can't do it, go elsewhere. Don't pay for anything you didn't ask for.
Like practically every other consumer experience, the buyer has all the power. You're the one signing the cheque. They want your business.
>poor financing
Most companies offer 0% financing. Where else can you get that?
We get it. Bill Gates made some reprehensible business decisions, in his time, that hurt people. He also made some good ones, and created vast amounts of wealth for many, many people. Microsoft continues to do so. I'd argue it nets out. Now, in the twilight of his life, he's spending his time and wealth helping society.
He didn't destroy the software world, or its "culture". What is it you do that allows you to throw so many stones?
It isn't difficult. You're "professional" if you are charging people for transportation services. And if you are doing so, your standard car insurance isn't going to cover you in the case of an accident.
This isn't some case of over-reaching government; if you kill or maim someone while driving from point A to point B, the likelihood of which increases as a professional driver spending more time on the road, you need to ensure that you can cover associated costs of said disaster.
People fail to see that at least part of the reason Uber is able to be cheaper than a taxi service (much like AirBnB is cheaper than hotels) is that they are skirting a requirement that taxis have: sufficient insurance.
Hey, I hate the anti-bank sentiment as much as anybody, but you do realize that every asset they sold by Goldman required a buyer, right? So, it prevented nothing, just moved the risk onto someone other institution's balance sheet.
I'm going to go out on a limb and say that there was probably someone within the vicinity that she could have asked if she was unsure about it.
According to Wikipedia, it's no rounding error:
"11% of private sector jobs come from venture-backed companies and venture-backed revenue accounts for 21% of US GDP."
Outliers. It's all well and good to strive to do the same, but it isn't going to happen for the vast majority of people. And how can you presume what they would've done after going to work?
>Empirically, you're wrong about that. There are now over a thousand YC alums who prove you don't need it.
The business world is much, much larger than those 1000 alum. They are a drop in the bucket.
Where is all your data on the failures?
I have no qualms with the incubator industry, but I think most people have it backwards: the best path for most people is getting work experience first. For a few driven people with good ideas, head to start up world.