Zuckerberg is very happy to bend/break the rules and abuse his customers when it suits him, so screw him. These aren't instagram's images anyway - they're the images of the people who painted them, and the people who photographed them.
The brexit issue is part of the bigger issue of the ongoing suicide of europe. Birmingham, where my father was born, is now majority non-anglosaxon, and with continued weak immigration controls europe will be majority african/arab/muslim in 50 years. There has never been an ethnic african science nobel prize winner, and despite 1.6 billion of the world's population being muslim, muslims have only won 2 nobel prizes in the sciences. So would changing the ethnic makeup of europe from ethnic european to majority african/arab/islamic alter the future of human civilization and progress to great detriment? Probably. You could argue that it is more important than any of the recent technical advances, because it may determine whether humanity pushes forward and progresses as a civilisation, or just doesn't.
Moving towards the model where a portion of early VC investment goes straight into the pocket of the founders and early employees, as bird has done.
If I've built a company with an implied valuation of 200 million, why can't I bank a couple of million for a rainy day?
I've heard VC's state with a straight face that this is a misalignment of incentives.. apparently if the founder is financially comfortable they aren't "hungry".. this from a venture capitalist who is guaranteed a juicy carry whatever happens to their fund I find this insulting.
Has there been any precedent of patients saying to the hospital at the start of a visit "I agree to pay 1.5x the medicare reimbursement rate and no more, if you don't agree to this I will go to the next hospital"?
80% of companies in the S&P500 over time produce zero return. 20% of companies account for ALL of the returns. In the past these would've been driven by massive growth stocks like Amazon going 1000x over a couple of decades. Now, the main reason to IPO a tech stock seems to be because the company has reached its growth potential and you want to flick it off to derisk early investors, and often it plummets as reality sets in. Meanwhile, high growth stocks are captured in pre-IPO markets and the gains are all accrued to private investors.
I think the S&P500 is an entirely different beast to what it was 20 or even 10 years ago as a result of this.
If you were a family office your goal would be to get exposure to pre-IPO growth stage stuff as well as the public market.
This is an excellent opportunity for social pressures so curb behaviour. MBS has 45 billion dollars in the vision fund, and if it doesn't work out well, he will look stupid. If the vision fund loses ability to invest in the best companies, this could potentially ruin their performance. Masayoshi Son and MBS need to be sent a message that their ability to invest will be limited if Saudi Arabia behaves in a shitty way.
Before anyone tries to give advice to elon musk or criticizes his path, they should ask themselves "Have I made a major contribution towards the biggest problem facing the planet?". If the answer is no, then they should shut the hell up.
Thanks SEC for ensuring that all the returns from high growth tech companies are accruing to foreign billionaires and corrupt oil princes rather than to american retirement accounts and pension funds!
its amazing how prevalent the 808 sound is in modern music... probably 80% of current rap music is based on sounds derived from the 808 kit. The combination of smoothness, "bassiness" and chattering hats and static snare really is infectious.
I had an acid trip with an agonizing comedown that made me really rethink my life and priorities. As a result of that day I began the path to go to medical school, despite everyone including my parents telling me it was unrealistic. I'm just finishing specialist training in anaesthesiology and my life is great and I pretty much thank LSD for the whole thing.
Anyone have any insight into why goog/fb haven't acquired reddit at this point? If they could get it for anything near the 1.8billion previous valuation surely they would just snap it up?
Backpacker hostels also generally have great free wifi.
Agree - 5 star hotels have the worst. Clunky, shitty, login procedures and laugh out loud ridiculous pricing models.
This is similar to the situation for tourist visas in various countries. The shittiest countries that you absolutely would never want to overstay in have the most difficult to obtain visas. I once got a visa to go to bangladesh - it was expensive, took 2 months to get, and I still had to bribe 2 different people when I got to dhaka airport to get through.
China feels almost like a first world nation at this point (albeit a weird one).
India, even in the most prosperous/developed city is still essentially a crappy 3rd world place.
I don't think India will naturally follow the progress China has made, and I definitely don't think amazing manufacturing will suddenly spring up from nowhere in India.