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arrel

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Programmer of machines, reader of blogs, lover of math jokes.

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Midjourney Medical 1 month ago

This is an ambitious idea, but it’s pretty misleading to lump MRI, CT, and ultrasound into a single “body scan” category. They do different things and explicitly do not serve as replacements for each other.

Inventing new, affordable early detection devices is incredible, but being so misleading in their positioning is going to kill long-term trust in this and other new scanning tech.

Didn’t YC already try this with Yuri Milner ten or so years ago? From what I remember they canceled it because it was creating zombie companies, where the founders felt like they couldn’t give up on a bad idea because they still had so much runway.

It seems like a lot of people are defending credit card pricing, but the idea that they’ve been charging the same % since before the internet and are still absorbing the same “cost” of fraud protection is absurd.

I would love Stripe to start advocating for lowering credit card fees, either through regulation or providing more avenues for competition.

They mention that these pages were created for every combination of “connect service X to service Y”, which matches twhat people are actually looking for, so I would argue this is a great use of 25K landing pages that are adding value and being rewarded by google for doing so.

Amazing idea! I'd love it if the site could give some sense of how profitable the business could be, and over what timescale. I don't need specific numbers, just the fundamental expectations for a model: How do I calculate ongoing costs? How many customers does it take to get to breakeven? What's the marginal profit for a customer after that point?

It would be great to see a blog post about how joinnecto.com got off the ground. "Be the savior the Internet needs and start your own ISP" is a good slogan, but "Start a great business and save the Internet in the process" seems even better.

The difference is that the roll of a die is random, but the outcome of an election gets more deterministic as it approaches. Election prediction is figuring out what people have already decided they are going to do.

I would argue that buying a single stock is gambling, but buying into a fund, or taking the time to research and invest in hundreds of stocks, is investing.

The difference is in expectation of return. In retrospect, bitcoin is a great "investment," but looking at the hundreds of other failed cryptocurrencies it's clear that early buyers of bitcoin got extremely lucky.

It's the same as seed stage startup "investing," which is likewise really gambling, and you either have to diversify heavily, get very lucky, or have the ability to influence the outcome yourself to win in the long run.

It's tempting to describe bitcoin as "investing", but it's really gambling. I could say I bought $30K in lottery tickets and ended up making a few million off it, but I wouldn't call it investing.

It might sound like semantics, but too many people mistake gambling for investing and end up losing their shirts.

YC Research 11 years ago

We’re not doing this with the goal of helping YC’s startups succeed or adding to our bottom line.

Helping YC startups succeed might not be the primary goal, but it's silly to say the project isn't also aimed to help YC startups. Having access to a top quality research team can absolutely help startups succeed, so this is either disingenuous or surprisingly unimaginative.

I believe the equation used on the page is wrong. It states projected winnings as 1/2 x $2 + 1/4 * $4 + ... But you only have a 1/4 chance of winning $2, since have the time you get a heads on first flip, you also get a heads on the second flip, meaning you'll win more than $2.

The equation should be: 1/4 x $2 + 1/8 x $4 ...

Still goes to infinity, but at half the pace.

This is the magic if market dynamics. If a business fraudulently takes advantage of this they will not build up a customer base, paypal will shut down their account, and money will be refunded. PayPal is taking most of the risk so that businesses can be flexible and provide a better experience.

It's not a bug, it's the way things should work with more services. PayPal's product may be outdated in many ways, but this is not one of them.