>And the city of Cambridge, Massachusetts, near where the MIT professor was killed, ended its contract with Flock earlier this month, following community privacy concerns.
Found this bit particularly interesting.
3,884 karma · joined July 22, 2009
Found this bit particularly interesting.
For me, less screen time (for work, but also in general) and more time spent outside and/or in the presence of people I like has really made me a happier person.
https://www.reviewjournal.com/business/tony-hsieh-key-figure...
Thank you.
What do you think about Bigfork as a place for future investment/growth?
(Note: I'm more extroverted than introverted.)
Growing up, it was much easier to have conversations of differing opinions because people not only listened more, but they also listened better. (Perhaps that's in part due to the unique sense of curiosity that kids have.)
Today, it commonly feels like conversations involve hearing aids that have been turned off completely.
Einstein is quoted as half-jokingly saying that the greatest force in the universe is compound interest.
I think it's emotions.
1. Find a problem that you (or someone you know very well) have.
2. Look at the existing solutions to the problem and evaluate not only if you can build a better solution, but also how quickly people will switch to something better if they came across it today (i.e. How fed up are people with current offerings? How easy will it be for them to switch?).
3. Build and market something for a very small group of customers or users. Focus on making that group extremely happy with your product or service. (It could be as small as one customer or user at first.)
Venture capital often requires taking sizable stakes in companies by investing millions of dollars, in order to have a chance at producing the returns it's seeking.
After thinking about it more, this Rise of the Rest fund for the Midwest, to me, is more like Y Combinator (and likely a competitor to it), in that it's essentially a giant seed fund that will then bring in its big-name investors and business magnates to make VC-like investments in the most promising companies.
Instead of having a large network of former YC grads, it has a network of some of the most well-known investors and business magnates in the U.S.
With that said, Steve Case is quoted in the article saying, "First and foremost, our goal was to generate top returns.”
I understand why some people don't want to work for those companies or in those areas, or aren't motivated by money. But I think many others do, and the ones that are living it now are doing so by choice and for their own reasons.
I think many people across a lot of industries are primarily concerned with their compensation packages when evaluating jobs.
Do you disagree with that? And/or are you saying that there are many of those kinds of promising startups outside of Silicon Valley to justify these new investment funds?
My personal opinion is that there's just too much money chasing too few good companies. In other words, I think many startups, including ones that are worth a billion or more on paper today, will ultimately fail to generate the necessary returns for many VC investors and firms. And as a result, the access to money at all stages will constrain greatly, and sharply.
Its former CTO explained how /dev/payments became Stripe: https://www.quora.com/How-did-Stripe-come-up-with-its-name
As far as I know, the status of Saudi Arabia's $50 billion investment into the Vision Fund is uncertain right now due to the arrests.
Has Pinterest even reached product/market fit?
They wouldn't know why I stopped being a customer, unless I tell them.
Perhaps a better course of action would be to write a letter directly to Jeff.
I also like going to restaurants where there's a required 20% gratuity that gets distributed to all staff and helps pay for employee benefits. I think the overall service, interactions, and experience are far better at those restaurants and I'm happy to pay for it.