quickConclusion

"Over 90% of startups die"

One of those widely repeated number, but not true: number is below 60%.

https://www.google.com/amp/amp.timeinc.net/fortune/2017/06/2...

I agree with that easy statement. But you have to make decisions, even when there is no science at all.

What is your estimate of the right control group size should be, for such a study?

I am learning from that study that, on 494 patients, they found no clear cut link between exercise and dementia evolution. Are you saying there is a clear cut one?

Maybe there is a link, but if it was very significant, hopefully the study would have detected a correlation.

My bottom-line for my life: don't focus on pushing physical exercise if your loved one has dementia, there is no clear cut link detected today. It is interesting as for some, their "intuition" may make them believe there is one.

Please correct which part of my reasoning is wrong here. I am talking about real life, not a conversation at a bar.

Except if you're in a family with a sick parent and you wonder whether you should encourage more exercise or not. Much more important than bar room banter.

I recommend the American Life episode about Alex Zharov, stranded on a desert island in New York City.

It really gives a vivid insight on how some people find themselves lucky when others do not.

https://www.thisamericanlife.org/307/in-the-shadow-of-the-ci...

Thought experiment: it may be interesting for a corporation to insert a fairly crazy NCA rule just to see how the applicant reacts.

Every now and then there are some crazy stuff happening in big organizations, and you probably want someone who is able to call those out, politely but firmly, rather than pushing them under the rug.

"Westminster is at least the fourth college site bought by Chinese interests since 2015."

Pretty much one per year. Let's keep looking at it, but probably nowhere as near as foreign companies investing in China's education system.

it may be a bit unfair to judge them by looking at today's website, which is not in service anymore, even if they have a home page.

"Today, Foundem’s website is the digital equivalent of a boarded-up house"

Their business is dead, because they were artificially demoted to 4th page in search when Google Product Search was created.

in the article maybe?

"By now the couple had been joined by numerous other complainants, including Expedia, TripAdvisor and Microsoft"

Tim Ferris got to 4 hours per week by working 70+h per week for a long time, then firing his least profitable clients, automating/delegating and giving up about growing his business further.

you'll never get there working 4 hours a week. And you'll never do 4 hours a week if you are passionate about your job, or a rat racer.

src: his book the 4 hours work week

Guilty too, but the writing was the main point to me:

"I’m not saying your seat is small, but if it were a haystack, you’d find the needle"

Since 2014, eight other babies have been born to women who had uterus transplants, all in Sweden

Just to show that single payer system can be good for medical innovation, not just universal healthcare.

This is BtoB, not everything is public info, everything can be negotiated.

There must have been discussions between Tesla and Loblaw, where expected final price, or even guaranteed, has been agreed. possibly with penalties for late delivery. I imagine also reduced upfront payment in exchange for PR: it helps create momentum for Tesla.

what's the part that "just" does not work?

I am starting a new project soon and I played with Sails. I really liked it, except I struggled with the user authentication part.

Also worried that the momentum of the project seems to have slowed down a bit, Mike does a lot but seems a bit lonely... Or?

Just wanted to say good luck!!

I always wanted to start my own thing, thought about many ideas, started a couple just for fun, not full speed, because they were not great ideas.

I was a bit where you are.

Then I met someone with a great idea needing help, and I was ready to jump. I did, it worked. So it's possible, so good luck!!

it just shows how much inequality there is.

Can't speak for the OP, but when you own and run a profitable business that sustain financially your lifestyle and more, your focus is not automatically about growth anymore. As the OP says, it is often about reducing time spent. Hiring someone for SEO, managing her/him, making decisions, is a lot of extra work. I see the rationale for leaving that work to be done by the buyer, especially if you don't like doing it, and making the buyer feel good about their added value in the process.

Then... who will buy them??

Our buckets are there, just we cannot GET content, with error messages about reducing the rate.

Gates and Buffet want to raise the capital gain taxes, democrat multimillionaires like B. Sanders and E. Warren are in favor of taxes. That's only for the most famous. There are a lot of rich people, less famous, concerned about inequality and favoring something not in their personal interest.

So on one hand I disagree with your "hard to find 100 Hanauer" point, but it does not mean your bigger point is wrong, just that it may not come simply from their job, but maybe education/social environment.

I hope it would not be easy to delete content, but the article shows how much we need to worry about it, when we see how much Taser goes to extra lengths to protect their weapon, and how they collude with the police force in the process.

I would prefer if the vendor selling the video systems did not also sell weapons. They could be split in 2 companies and dissociate ownership of each.

Beyond Tasers guns, it also warns us how important the governance model for video archival/retrieval system is. Because if the police force is the client, there is a business incentive to absolve the police officers in case of issues. How to define that governance model is above my pay grade, but this is something very important, that goes beyond engineers in the trenches.

Now you would think we need more body cams and recorded videos... and guess who is advertising free body cams to all US police officers: Axon/Taser.

https://www.axon.com/info/offer

Axon is actually the new name of Taser... which makes now money by selling systems archiving, managing, and analyzing police officers body cam videos.

https://www.theverge.com/2015/11/16/9724644/police-tech-body...

There is an obvious conflict of interest here: it could be so easy to conveniently delete a video incriminating a Taser device...

Yes, the prospect of making big money attracts/motivate certain kinds of very smart people. But if your goal in life is to make gazillions of $, why would you want to become a doctor? This is the wrong job. And if you want to become a doctor in China, why would you want to come to the US to study? It makes more sense for business. And the good news is that to become a doctor, while you do need to be smart, there's no need to be the cream of the crop in intelligence or wealth.

How much money do you think that will take?

Most developed countries pay $3,000 to $4,000 per capita, according to Wikipedia. US pays about $7,400 per capita. So that would be the costs I guess. Beware there are more "capita" than taxpayers, and that all taxes are not paid through income taxes.

Hopefully we can find ideas from other countries to pay less than current prices.

https://en.wikipedia.org/wiki/Health_system#International_co...

I am not sure where is the misunderstanding here. The article talks about marginal tax rate at 91% on the take home pay, not effective tax rate. So I am talking about marginal tax rate here too. So NN% (number to be argued) would apply after 500K, 1M, 2M, number(s) would need to be TBD, like the existing tax code.

I find progressive tax something really nice, since it helps you get started, and is a fair way for everyone to give back when they're super successful (e.g. healthcare, education). You state this is a cancer, but why?

"The theory behind all those high-end tax cuts [...] was that it would unleash entrepreneurial energy [...] The first half of that theory may well have come true. Many of the world’s most successful companies are American — not only Amazon, Apple, Facebook and Google, but also Exxon Mobil, Walmart, Johnson & Johnson and JPMorgan Chase."

The article fails to mention that even when the tax code was 90% on the highest earners, most of the successful companies were American, including Exxon Mobil, GM, Ford, DuPont, AT&T...

Anecdotally, I don't think I have ever met anyone starting a business thinking "If I don't make more than 2 million a year for myself, I won't have a successful business." So increasing tax rate beyond a couple of millions a year, or even before, seems a no-brainer to me, at least until everybody gets healthcare and free education.

Maybe. But in all cases, it can be very very hard to control indeed. Which does not mean you should not try, because it will help you if you do. And the original point is that if you fail at it, better take it in stride than feel extremely bad about it, since it will make things worse.

That sure sounds like an assertion of what a court or jury would actually decide, and it's far too strong.

Right now, we're in the court of public opinion, and that is definitely appropriate language for that particular court... The court of law will come later, if ever.

And in this kind of business, most of damages are decided in the court of public opinion anyway, not the other one.

We're talking about a small consulting shop here at the start, where the paycheck comes form the actual work. Makes a lot of sense. No VC would touch that kind of business at that point anyway, not scalable.

Even later on, once they have a product, why would you change that? 50-50 is great, since you need both parties to agree to do something, which is essential in a small business like this.

I often wish Facebook would have followed that approach. They made money very early with small ads on a lots of page views, did not need investors.

But they went into the VC religion of revenue growth, took their money, then Wall Street money, and they cannot go back now because all employees and stockholders have been promised more. So more ads, more snooping on users, more worldwide control, we need to feed the beast.

Zuckerberg could have continued managing it a-la Craigslist, and still make a few billion for himself. We would all feel much better about using FB.

Married or not, it is often the case...