And if ever trade with Cuba of many of the countries the US is at war with, you will face criminal charges even long after you have given up your green card.
Hong Kong, Singapore, Switzerland. Get yourself a permanent residency in at least one of those three.
This Demo Day was only open for startups looking for investment. There are other startups here with operational websites and revenue but who simply didn't bother with this.
This would eliminate a lot of hobby blogs and websites that made the internet such a great place.
As someone who paid $8000 for his domain, I don't believe domains are currently overpriced. You can buy prime real estate on the internet for less than than the quarterly lease companies are paying for physical prime real estate in shopping areas.
If evernote doubles it revenue every year for the next four years, it would still be trading at 3 times revenue, a number that might be realistic going concern assuming they have very high profit margins.
So valuing them at 50x revenue now is saying all returns will come from outperforming 100% annual growth... color me sceptical.
Bubbles are not about believing in the wrong trends, they are about believing the trend will materialize too fast.
E.g. dot com boom: Basic premise was right, "software will eat the world", only the speed at which it would happen is overestimated.
This is what makes growth investing so difficult: Quite easy to predict solar or electric cars will take off, very hard to predict which company in the cambrian explosion will win.
Overall history has proven over and again that in aggregate, value investing beats growth investing for exactly this reason.
The most basic requirement for a healthy societies is reproduction, females are the bottleneck in reproduction so killing both males is least bad in the long run.
If a war was expected in the short run, kill one couple as to forego some reproduction in exchange for a soldier motivated to fight.
Killing the two females would result in two depressed soldiers, so I would only pick this option if I was losing the war badly and needed the two males as cannon fodder - essentially killing all four.
Coming out of college, I used to be a "Boglehead" like this - had a job at a top 3 management consulting firm and put as much as I could into Vanguard index funds, up to 80% of my net income in certain months.
After a year I realized the real psychological reason for my extreme saving habit was that I hated my job.
The lesson I learnt is this: If you calculate every expense in terms of hours of life worked to attain it, you probably don't like your job very much and you are better off (in the long run) by quitting.
Edit: Now that I run my business, I will spend lavishly on my childhood boy dreams once I can afford it. For me that's cars, and compared with employing people stuff like leasing a top of the range BMW (400 pounds a month deal on a 640d 2 months ago) or even stuff like participating in the Volkswagen Race Cup (15K pounds for second hand race car, 10K pounds a year to run and it's televised advertising) are really very attainable. It also makes for a more interesting life story.