433 karma · joined October 10, 2012
* Cutting a cake is a skill; it takes an effort (thus associated cost) and you may not be accurate at cutting it. There may be some error bound epsilon.
* If so, in the traditional "I cut you choose" model, as there are risks associated with cutting (what if you intend fairness, but you ended up with lopsided 49:51 cake due to an error?), one may not volunteer to cut the cake; if so, how can we encourage / compensate one to cut the cake?
* The "skill" can go both ways; it takes an effort to figure out which cake is bigger - even more then the cut itself. both parties may volunteer to cut the cake. if so, how can we encourage / compensate one to be the chooser?
"If it’s a core business function — do it yourself, no matter what". The question is, what is "Core Business Function"?
If you were an internal tech company in 2000s, hosting your own servers was a "core business function", as being a tech company meant that tech was core business function. However, as tech got more sophisticated, the domain of "core function" became more focused per company
Another example is the rise of fabless semiconductor companies. Even until recently, Intel had superior chip design and fabrication capabilities (thus intel's tick-tock strategy). AMD founder Jerry Sanders claimed "Real men have fabs" but AMD's spinoff of GlobalFoundaries look like a genius move now.
What you think of "core business function" is going to change over time.
* Google Desktop
* Grepline / Cue (this is W10)
* ... various other products ...
I feel like for personal users, the product ultimately isn't sticky enough.
However, "enterprise search" feel more viable path especially this is where it becomes more valuable (and where the money is). Also anybody whose working at a large company would need to have some enterprise procurements to sign up for such a service anyway. I'm talking about players like Glean in this area.
- TheInformation
- WSJ
- Economist
- London Review of Books (if you were to call this "news")
If you want to see some of his Magic: The Gathering illustrations
Re: AWS. We're not at a point where we are overburdened by the AWS spending. Many things are more efficient with AWS, as we have a fairly small engineering team. We use various different AWS products (Aurora, Kinesis, to name a few) that we are utilizing.
Regarding metrics & percentiles - Yes I agree. 99th percentile is what we try to look at the most, as most other metrics tend to be deceiving.
Regular forums - This is something that we need to improve on as we move forward. The blog post mostly describes the infrastructure we've built, but it takes time and effort to become a metric-driven organization.
That said, I think this is a bit different than other acquisitions as it is not an acqui-hire and the product (hopefully) will not shut down.
I've been intentionally clicking ICO ads so that I get targeted for more ICO ads. It's been interesting.
- Many of them have the most buttery smooth introduction video that was just so compelling to stare at.
- Many has business lines like, "The total market for car loans / social media advertisement / game currency is N trillion...
- The "team" page for them are mostly Russian / Eastern European. Some of them have links to LinkedIn. I looked at their (I believe fake) profiles too. (I don't know why would anybody use their real identity to pull such a thing).
- Some ads are in Korean (understandable, I speak Korean and cryptocurrency is hot over there), some ads are in Chinese including their landing page. Do they expect people to land on those pages and drop money without reading anything?
It’s similar to the inherent ambiguity between left and right - the only defining characteristics of them are they are opposite to each other.
Note that 1 and -1 have different mathematical properties (in most cases - in Z/2 they would be equal) that allow us to distinguish. 1 * x = x but -1 * x = -x.