Clearly the app can't/shouldn't be taken away. But this shit is messed up.
So essentially this is a niche to win strategy? Become the dominant player in your microcosm then continue to expand once dominance is achieved. I won't argue with this, it's not applicable to every pursuit, but solid advice on the whole.
This is definitely a step in the right direction, but I am not sure the SEC can let go of so much control without significant regulation of some sort, specifically in reporting. It'll be interesting to see if the benefits actually outweigh the costs. I have to believe there will be reporting requirements and am not so confident that an artist could justify those costs to raise $50,000 or so..
Perhaps they purposely did not launch a SXSW to redirect the limelight from all the great apps that did to themselves, a mere week afterward. If this blogging, tweeting, posting frenzy continues then they are going to be nearing $41 million worth of marketing in a matter of days, making it potentially money very well spent.
I am excited to give this a try. As someone who did not study CS or MIS at school (in fact far from it, accounting & finance) I am open to any resource to assist code education online. I have found a few decent offerings such as w3schools.com, Mozila's p2p school of webcraft, and dreamincode.net but don't know if these will give me all I need..
On a side note if anyone has any other sites I should be considering, don't hesitate to shout them out!
I'm inclined to say the TouchWiz may not be all that bad, in fact some of the tweaks they made and features added could be quite welcome, but I cannot say I am a fan of Samsung getting into the OS realm even if they are trying to differentiate their tablets from other Android based tbls.
My biggest complaint with the article was just that. I cannot think of a legitimate reason to do this.
Good point regarding focusing on a niche. A niche is far easier to dominate than the general population, allowing you to refine your concept and then expand from there. Remember, FB didn't begin with 500 million members. It was initially available solely for Harvard students, then university students, and finally anyone.
Item #3 makes sense in that a lot of 'casual money' or individual traders do not have access to information about IPOs much less the ability to get involved in the offering. These investors previously were forced to use an advisor or at the very least a broker who is far more in tune with what is new on the market then the individual typically is.
Arguably the best advertisement I have seen in my life.
People may not want modern websites, but articles and/or documents can still be read not in the context of a standard browser. Twitter updates along a side is a good idea, perhaps email notifications such as comcast does with caller id too.
Sure it's about simplicity at times, but how convenient would it be to read an article or browse the internet on half your television screen while a basketball game you want to passively watch is on simultaneously? I wouldn't mind eliminating the laptop that constantly sits on my lap (fittingly.) while I watch tv. If they are able to make television content searchable as well, that's gravy for me.
I suggest using morning digests like Politico's Playbook by Mike Allen. I subscribe to that, Morning Money (Politico), Breaking News (Politico), and Financial Times updates (for the more international piece). All of this is delivered to my inbox before I am up in the morning and compliments my first cup of coffee nicely. As well as saves a bundle of time.
A step in the right direction toward information asymmetry between startups and investors. It is very difficult to come from outside the valley or vc community and know who is high quality and who is not. Which has some impact by who has money versus those that don't, but is not solely dictated by that factor alone by any means.
This is a good article. Allowing people to live where they want can definitely increase productivity with teams versus close proximity. The collaborative tools available today make this easy and I am believer that many 'working meetings' are a complete waste of time. It also allows us to pursue what we want outside of work. Myself and my co-founder live in different cities because of school, so far there hasn't been a single problem. Full disclosure we will be in the same city in a matter of months. I don't know if that kills my credibility or not...
I'm beginning to loose faith in the Nobel selection committee. If the goal was to award/recognize the positive impact the internet has had on speech, communication, and reporting such it's role in Egypt this last week then I'd be all for it. - "That's an indication not just of the importance of the whistleblower website itself, but also of the role of the Internet in social change and social justice movements - as tools for communication, collaboration, and mobilization." - But nominating arguably one of the most inflammatory sites on the internet is not good way to recognize those advances.
That is a very good point. The article gives no detailed term information other than the big looking number, $100 million. A sum that could come in any number of terms with most being worth significantly less then were it cash.
I will say Dave Morin seems to have made some good calls in his day.
I say if we cut any retailer some slack at this time it should be GAP. Years of rampant store growth resulting in complete mall saturation, a multi million dollar re-branding campaign pulled days after releasing and now this??? I remember when it was cool to wear a GAP 'est. 1969' hooded sweatshirt in elementary school.
Many people fail to recognize the social engineering aspect to taxes.
I completely disagree. It is one thing if this fund's algorithm is based entirely off of data extracted from Twitter, that would be an utter mistake. However, if the algorithm is combining fundamental financial data, analyst's outlooks/forward looking statements, current trends/movements in the market, AND Twitter/media data then I think this could be quite successful. A huge reason why our capital markets are not perfect is because of emotion in the market (case in point Ford's strong run for the last year fueled by optimism and relatively strong performance and the pullback since qtr 4 earnings were released, and a thousand or more other examples). Effective investment algorithms must attempt to be comprehensive in taking into account factors that effect share prices and the public's sentiment is certainly one of those factors.
The positive trading sessions for companies with quality Super Bowl advertisements following the big game is a perfect example of this point. Check at this article: http://www.kiplinger.com/columns/picks/archive/does-the-supe...
A 1% lift captured in ten days on a hundred million dollars is what annualized return? I'll let you do the math, but I'd take it.
This is an absolutely great idea that strikes a blow to regimes who try to suppress uprisings by shutting down the internet. I can't say I am entirely optimistic about the direction Egypt will take if open elections are held, but their citizens have a right to have their voice heard.
That being said, the 'nonchalantness' in this line regarding the SayNow acquisition was quite funny, "We worked with a small team of engineers from Twitter, Google and SayNow, a company we acquired last week, to make this idea a reality."
Well done Google.
I feel this is a valuable post for us individuals who are not a part of YC but follow the companies and aspire to be. I've played out in my head and discussed with others what I would do were I presented with the 150k. For the most part, the points in the post are all valid, although I would place a stronger emphasis on bootstrapping if one is able to do so.