225 karma · joined April 18, 2011
If you are a movie studio, SOPA is a great idea for your bottom line.
I don't think it's fair to call everyone who is in favor of SOPA either evil or stupid, even if SOPA itself is both. I can understand why YC wouldn't want them around, but I can't necessarily say they wouldn't be good investors.
Rolling reserves are not uncommon for merchant accounts. PayPal didn't event them. 30% is on the high side but if PayPal feels the merchant is risky they should have the right to ask for it. There are other merchant accounts out there this guy can use.
Every day a bunch of people who want printed photos die, and a bunch of people who will never want one are born. That's not a good spot to be in for the long term.
After deregulation, especially in the advent of low cost regional carriers, there have simply been too many airlines. Bankruptcies and consolidation are going to take care of that very soon. This happens all the time in new industries (and the airline industry is effectively new since deregulation reshaped it so much).
1) Everyone who has run an airline for 30 years is an idiot. It never occurred to them that people would pay more for better service, even though they all went to prestigious b-schools. The author of this blog post is a genius.
2) The author of this blog post has no idea about the myriad of government regulations and economic realities of the airline industry.
If I'm ever arrogant enough to assume #1, shoot me.
No matter what happens, America (and the world) will still have a lot of very wealthy people and institutions. Those people need to put their money somewhere. The stock market is scary, bonds and banks don't pay anything. If you had $100 million tomorrow to invest what would you do with it? I'd start looking for startups.
10% unemployment seems bad to us, relative to our more historical 5%, but Europe has dealt with that for decades. People still buy iPhones and sign up for Netflix. Even if the market for new services is reduced by a few %, the quality of new services will more than make up for it.
Rich people will still want to make money and startups will still be an appealing way to do it.
Proper back button behavior isn't something you can bolt on, but Android could still get much better than they are.
If you really don't want to exit, don't take money at all. The minute you take a VC's funds you're agreeing to exit.
I do it because it's very convenient, not because it's a way to save money. I'll probably switch to DVD only from them now and actually start using whatever free streaming Amazon gives me via prime. The streaming selection sucks anyway, I probably watch more on Blu-Ray or stuff I torrent.
The point I'm making is that everyone has a different idea of what those core values are.
#1 IE defaults to a blank page in what appears to be private browsing mode, rather than Bing as it does on any new windows install. He's somehow running IE on a Mac which may be why.
#2. Someone checked out San Francisco Yelp on Chrome and as a result there's a link for it.
#3. "We shouldn’t assume that new users will inquisitively try and discover how new software works by clicking buttons and trying things out." That's probably misleading for 99.99999% of your audience. Yeah, the one adult on the planet who never used a computer before might be scared to death to play around with it, but you shouldn't design with that in mind (unless you're somehow aiming a product at them, in which case good luck with that sir). Put a 7 year old on a computer and he'll figure out how to find a restaurant in 10 minutes.
I don't think anything has slid out of control for Dropbox. They're simply making an incremental improvement to their Terms for the 10% of users who do care, the same way they would any small feature.