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dylanjermiah

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If you had bothered to read my post..."On a different magnitude".

In India and Bangladesh there is recorded history of hundreds of thousands of deaths. The book sources these facts, if you want to invalidate anything I suggest you go to the original sources, not make a straw man arguement.

I will reiterate, read the book, read the sources -- if you want to invalidate something, invalidate the primary pieces of evidence -- than come back here and we can have a productive conversation.

I was under the impression you were the parent I initially replied to. I apologise.

So in regards to your question, AA has been disastrous around the world. In India and Bangladesh hundreds of thousands of deaths, people burning each other in the street, terrifying stuff. All because of class wars instigated by benefits to one class over the other. Same results, on a different magnitude, in Malaysia, Nigeria, Iran, Australia and to a smaller extent the U.S. AA has never worked in all of recorded history.

"One is what one does, not intends"

I couldn't agree more. Travis (and the team) has created $51bn of market value, provided cheaper and more efficient transportation to tens of millions of people in hundreds of cities all around the world. He's fought, and defeated, corruption of city officials in many locations all around the world. Uber has and will have a massive positive impact on tens/hundreds/thousands of millions of people in the world (with the self driving vehicle). How he's portrayed in the media is largely irrelevant, to me at least.

I have yet to see any 'evidence', or personal insight. Yet you seem to think you understand a man, whom you've never met nor interacted with, and his deep personal motivations. Based upon his 'public persona'. You don't see anything odd about that?

I'd suggest you read the book, it's only 200 pages and I can't summarise it in one sentence. It's sad that someone down voted me for suggesting a book which has voluminous facts and history. Human progress is building on what we have learnt before, if we can't learn from history I don't know how we will make progress.

If anyone here wants to know about the long history of Affirmative Action you should definitely read "Affirmative Action Around the World" by Thomas Sowell.

Can't sing enough praise about it. Sourced incredibly And clear logical points.

What evidence do you have to support this? What personal knowledge to do you have to support this? What accompanying expertise do you have to support this?

It's odd to me that people with (assumingly) no knowledge on the matter feel they can aptly deduce complex situations into one sound bite of a sentence.

The average is meaningless. Venture capital follows the power law. The top 5-10 firms in the U.S. will realise 95%+ of the returns for the entire industry. The Benchmarks, Sequoias, A16Z, etc.

The top companies only want to go with the top investors and vice versa. I wish they'd publish data. I'd love to see Benchmarks ROI on their recent fund, it's likely going to be the best performing fund of all time.

Ideas do matter, there are a lot of useless ideas. Good ideas _alone_ don't matter if you can't execute.

Either way it's helpful to know what field OP wants to work in, especially when trying to find a cofounder.

Billions of dollars a year already go into cancer research. Infinite funding != faster progress.

I'd say the allocation of capital has been fairly efficient. Uber will be doing self driving vehicles(among other companies), and that will be as transformational as the automobile itself.

What Makes Uber Run 11 years ago

This is a profoundly naive way of viewing what they're doing.

Please, explain.

They entered markets and gained a foothold

By providing a better product at a better price.

What Makes Uber Run 11 years ago

Companies like Uber and AirBnB (and countless others) simply pretend that those complexities don't exist -- the market to be disrupted only because they're willing to completely circumvent laws and standards -- and money starts falling on their heads.

This is entirely false. Uber's legal and political staff is _huge_. I'd assume the same for Airbnb.

No one is "pretending" they don't exist. They're building a product, allowing consumers to use better alternatives and challenging local authorities on their backwards ways.

Stop talking and start doing.

What Makes Uber Run 11 years ago

The thing that amazes me the most about Uber is the flagrant disregard of local laws, and the lack of repercussions.

Amazes me as well. The extent to which corruption was rampant all around the world in the same industry.

What Makes Uber Run 11 years ago

Uber isn't doing anything like civil disobedience here, they're just making a new quick buck violating employment laws.

False. Uber is losing hundreds of millions of dollars.

Aaand, in cases like this, it's always useful to ask: the laws we're breaking, who are they intended to benefit or protect? People without a lot of economic or political power to begin with? Yeah, maybe we should leave those laws alone--by definition, the people we're hurting are the ones least able to do anything about it anyway.

Intentions are irrelevant. It's end results that matter. People vote with their wallets. There is only one reason why Uber has created $51bn of market value, many people find it superior to the alternatives they have at their disposal. Uber _helps_ those with low economic or political power, more transportation options at a cheaper price.