joeter

Imagine if you could use these in casinos as an obvious disruptive high margin use case for the niche individual...

While considering the comments from fashion week, the potential is greater for multiple industries vs the historical desktop/pocket utility to develop on top of, moreover, the advantage can support beyond just hackers who can leverage opensource/SDK/APIs. I think the utility alluded to has game changing potential if big g plays the edge instead of the core competency.

This isn't the only disruptive horse running, though...

Just to weigh in since I wrote the original blog entry. I wasn't suggesting my own earnings were capped.

I was merely situating a story where I did not have academic support to move forward with a project that was relevant to the real world.

The earning cap statement has more to do with the relationship between professors and the companies that hire students from their schools. This becomes even more problematic since many firms do not hire candidates without specific academic pedigree.

Also, there were many cases where students preferred to do what the professor thought was most insightful compared to pursuing their own interest, since they wanted to secure their professor's recommendation.

This post was not a complaint about my situation. It's pointing out a harmful circumstance that could occur.

http://www.revolutiontrades.com

We want to add one more hacker to our pre-launch team.

We're expecting to release our early access and close funding (from a top tier NYC VC) both within a two month time frame.

Familiarity with the django framework and mobile platforms help. Off-site work is fine to start, but you need to be from the NYC area for team meetings (or willing to relocate).

email: joe@revolutiontrades.com

liberalized gambling laws

One of Sam Walton's 5 children was a VC in solar energy before he passed away young, another owns Arvest Bank, and another is still running Walmart...

I also bet a majority of their wealth is still in that stock, as major sell-offs of insider holdings suggests a company may not continue to produce growing profits - which hasn't been the case. However, I'm sure some still have quite a bit with extremely capable money managers.

I would not call that wealth stagnating in the least bit.

I thought paypal won't process gambling claims in the USA - isn't that what Tip Joy uses?

I was testing this last night... The twitter search was interesting because after your first query, it dynamically updates a display with how many new results would be added if you refreshed the search. The trend for swine flu kept rapidly mounting.

I could see this alarming the average person especially if Twitter was to distinguish their brand as the ubiquitous "realtime" search.

How active is BR Ventures up in Ithaca for seeding new startups? I know they are connected with Cornell - maybe they could help you.

Anyway, I'm a recent grad and my partner is graduating in spring 09. We are starting something up in NYC. We may be looking to add one more guys on the technical side. Shoot me an email if you want to talk (address in profile). I was personally in a similar boat as yourself.

Well, entrepreneurs are creating additional job opportunities for the economy at large. So if the tax cut creates a more favorable environment for entrepreneurship, there will be more entrepreneurs, and then more jobs should be available. Doesn't seem like the tax payers (who I assume you mean those whose majority of earnings are taxed under income tax rates) are really loosing out when they have more opportunity and a wider job selection.

"Slightly less basic economics states that when a market becomes commoditized, its complements should raise in expected returns."

Good post - I see a big opportunity emerging for those who can figure out better ways to enable sophisticated use for and make sense of multiple databases.

It started out steeper with terms, but I negotiated to 35 percent.

I do not have any upfront costs, just sever costs for when the beta launches.

Also, due to complexity of software and databases, the development costs are a multimillion dollar project and will utilize several developers. I felt 35 percent was justified.

Maybe that quote is just a window into Steve Jobs's psyche - inferring his business legacy is more important to him than all else.

"YouNoodle is also basing predictions on historical data, and in a rapidly changing world that is consistently disrupted by new technologies, those predictions are very hard to make. Humans who are on top of recent developments can make subjective decisions that are far more likely to be accurate than an algorithm."

$4b seems much too high to me as well. facebook has two main values that are only valuable due to high number of users.

1- source of contact - substitutes include: old aol, aim, email, ichat, ect

2- representation of self to world - substitutes include myspace, most social networks, ect

asian markets have different preferences for representation of self than those facebook emphasizes.

facebook is having troubling scaling globally AND they plan to monetize on only advertising.

those employees made out nicely.

Unless you have substantial leverage to deal with the labels, they will charge you collectively around $12million to just stream songs (imeem). That's a pretty high barrier to entry - something I've been wrestling with for my own startup.

Truthfully, the labels will always remain dubious of emerging technologies because they realize their industry will inevitably shrink.

useful descriptive, thanks. I'll see you guys there.

as an economics guy, I can tell you the fundamental flaw is with the signal models higher education systems currently use.

It follows even on through to the wall street ibanks. "Ivyleague type with above 3.7 GPA."

look at the mess they are in now.

I've been wondering if enterprises are going to start using kindles for positions that deal with a lot of traveling paperwork.

I always thought it was that funny that animals have humane societies.

I started thinking on this subject after the major cable networks started picking up premium channel reruns.

It seems advertisements alone aren't covering expenses. The premium content (with higher production costs) brings increased viewers, so cable networks license premium content for better advertisement revenue.

However, I assume the premium channels will continue existing and prosper as long they get their tech right.

Anywhere in Manhattan or Brooklyn would be nice. Preferably closer to a subway station.

a hedge?

Although I don't want to jump the gun with accusations like TC, I'm still happy the issue is now being discussed more at the forefront - I was wondering how long it would be before an accurate perception of privacy reached the mainstream.

I tried to do my economics seminar on the web 2.0 monetization strategies. I wanted to liken the labor-leisure trade-off to a trade off between rent on privacy and monetary rent. http://joeter.wordpress.com/2008/03/12/a-basic-economic-mode... My teachers shrugged off the idea as impractical.

This sounds as hysterical as if someone told me, "If you don't know Mandarin, don't do any business with/in China!"

Delegation of responsibility is a concept of pivotal importance for any entrepreneur to grasp if they want to go very big. Isn't Richard Branson dyslexic?

The most influential thing I’ve learned is that people act by their individual set of incentives. Apply choice aspects of psychology and economics – then you got something big. Think game theory.

Also, I'm waiting for the Human Genome Project to help elucidate more on the placebo effect.

I think it has a major correlation with the phenotypic vs. genotypic expression of faith - something all humans display toward an institution, ideology, themselves, and/or another person.

This will be immensely powerful information.