31 karma · joined February 20, 2022
Israel is also booming economically as it is the 24th in terms of GDP per capita now and rising: https://en.wikipedia.org/wiki/List_of_countries_by_GDP_(nomi... Israel has the 2nd largest per capita VC investment in the world: https://news.crunchbase.com/news/countries-most-startup-inve...
What are they doing that others are not?
I think companies have pretty clear life cycles. First they start, they grow, then the plateau, and then fall. Sometimes you may get a few bumps in the road, but generally this is the long-term cycle.
Financialization makes the most sense to engage when when you are plateaued and possibly falling. You can still extract value.
I think that the fall of Sears was a great example of the financialization and extraction of value of a dying company.
Financialization is trading off future potential growth or even long-term staying power for $$$.
Again, when you refer to ceramics, are you referring to the tons of ceramic coated cookware that is now immensely popular as a replacement for Teflon? Is this stuff just as bad? https://www.goodhousekeeping.com/cooking-tools/a26078798/bes...
Did he also make others rich?
Who benefited the most of his DeFi efforts? Which one succeeded the most?
Basically pirated software is not a solution for mission critical businesses.
Also who do you think is cracking the software? The same people who would find it very easy to put in malware into the software.
If Russia is running on pirated software, it will be a nightmare.
They need to get off Western software and push open source alternatives. they are massively inferior, especially in the B2B software side of things, but so be it. This is what Russia needs to do now.