Winston was always a pleasure to meet. He had asked his students to send him a postcard when they would visit places. I sent him postcards for the first few years after MIT. He was always enthusiastic and warm, and respectful.
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I was a 14 year old who attended the initial launch at MIT. I remember at the time thinking: why have a random synthetic time, perhaps we can just accept GMT as internet time.
I still don't understand why you'd have Beil Mean Time - perhaps I haven't grown.
While I agree with the original poster, i.e., those who are already using netflix are unlikely to go back, netflix is supposed to be a growth business (P/E of > 60), ergo, if this leads to less growth, that will be terrible terrible terrible for the company.
1. The most important thing to think about and say is the market share, fragmentation, monetization issues. Article doesn't pay enough attention to this it, but it still drives why we do what we do. (save, the author was egged on to make the app by their users).
A paragraph would be useful. Perhaps something like.
Fundamentally, Android is the platform you have to be on to defend the turf. It generally wont make a lot of money, but you have to be there to protect & project mind share. Additionally, it is the dominant mobile platform.
2. Development Tools.
You can use IntelliJ Idea. Its a Mature Development Platform, and gives you many options. The article doesn't make any strong arguments against eclipse. The installation/getting started was more involved, but personally, it took me an hour or so, so I don't think it is a big deal. It is useful to separate opinions from facts. Personally, I use emacs bindings in all my editors, and Eclipse is pretty nice to me in general.
3. UI Design Tools
This section is written in a way that projects inaccurate information. It implies that you have to use XML as opposed to using a Interface Builder interface. This is not true - there is indeed a drag and drop interface akin to IB in android. The author mentions it as a preview tool. Indeed it is also a design tool.
If Facebook's profits touch $1Billion this year (as is expected), the valuation of $100 billion puts it at a P/E of 100. Thats high, but not too high for a growth company (Amazon has a similar number). In fact, the forward looking P/E (assuming Facebook might make $2 billion next year) is a (relatively) low 50. Google has a P/E of about 15. One of the reasons that the P/E is so low is the belief that Google has grown a lot, and wont grow much more.
To be honest, this is somewhat of a disappointment. The companies that solve 'hard', core-tech problems like Google and Microsoft are falling behind. Sad. Sad.
Google had topline revenues of $8.58 last quarter. Ahem. Facebook is thinking of making $4 Billion in revenues this year. So Facebook would have to make roughly 10X in revenues.
Anyone can say anything on Techcrunch. This article has no facts.
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