eeho

I know a few people who signed up for coinbase and bought Litecoin because it was the cheapest per arbitrary unit, without doing any reading on what differentiates it from Bitcoin or Ethereum. I've also seen similar attitudes towards more fringe coins.

I'm not old enough to remember the dotcom bubble but I wonder if things like pets.com benefitted from people conflating its potential to that of ebay or amazon.

I wonder if they would build a monetization API for mods, with an app-store-like cut of all money going to Reddit. It seems like they have too much work for a rational person to do for free. It also makes sense for all subs to have the different revenue strategies, since they're all so different.

yeah that's pretty pricy. I didn't look very closely at the prices. The low end ones are basically laptops!

I still wish there was a generic off-the-shelf computer that everyone agreed was best for VR. I'm not a gamer and don't have the time or interest to build something just for Oculus. I'd be willing to pay a little bit extra to have the comfort of knowing other people will be troubleshooting the same problems I'm having on the same hardware.

This might be an easy and cheap option (I'm assuming you can dual boot these with Windows) to have a PC to go with an Oculus Rift.

I'm a Mac user and don't really want to buy or build a gaming rig just for VR. This is an interesting option that seems to meet the Oculus recommended specs.

wow. I love pmarca's Jerry:Newman comparison, but with Gurley's portfolio as impressive as it is, maybe George Costanza:Lloyd Braun is the better Seinfeld analogy

I'm not sure that you can look at their revenue the same way you'd look at the monthly recurring revenue of say, a SAAS company. I've never used any dating services personally, but I imagine the goal is to find someone you like as quickly as you can and then stop paying for it. It might be expensive to constantly acquire new customers, especially early on in the company's life.

I do agree with your general point though. The vast majority of businesses don't take/need any VC funding.

Agreed on the book. It's great.

Another one of my favorites on this topic is this scene from Paprika:

http://youtu.be/e9xD_YYZrbA?t=23s

Yup.

Number of cabs in NYC: ~14,000 (population 8.5 mil)

Number of cabs in Seoul: ~70,000 (population 10 mil)

Uber complains about regulation all the time, but I feel like much of their market was created by the same bad policies it rallies against.

The Overall Taxi experience (or all of public trans for that matter) in Seoul is much, much better & cheaper than anywhere in the US. It's usually pretty easy to catch a cab, and when you can't you can get a "call taxi" and have it arrive in a Uber-esque time.

I'm not sure if anyone in Korea would pay the premiums that people pay in NYC/SF, especially if taxis get a comparable app.