toasted

6 ms·

1.
by toasted 8y ago
fellow econtalk/cumtown (well more red scare) listener here.. The latest feed refresh used to make me feel "Wow how will I have time to listen to all of these!" whereas now its "God do I really want to listen to any of t
2.
by toasted 8y ago
google sonostar, bargain a bit for a good price :)
3.
by toasted 8y ago
Cool project :) I just got back from shenzhen where I purchased a handheld ultrasound probe with built-in screen about the size of a really chunky smartphone for $1800 with wifi & connection to ios/android
4.
by toasted 10y ago
Off-topic - but currently in India and the uber experience is absolutely amazing. The handful of times we have used taxi drivers, none of them can find the place where we are staying even with written directions in english and in hindi or e
5.
by toasted 10y ago
This is fantastic.
6.
by toasted 12y ago
Have there been tangible environmental gains from all the money being invested?
7.
by toasted 12y ago
Take land - demand for it changes over time, the exact same amount is in circulation as there was 200 years ago, the value goes up as population increases and it becomes more scarce, why can't money be the same?
8.
by toasted 12y ago
> Nobody really knows how this ends, good or bad. Efficient market theory is based on the fact that when you leave people to their own devices, they tend to do a far better job and be better off than if you try to help them. Basically ev
9.
by toasted 12y ago
Unless the investments bomb and no value is created eg. the clean energy investments of the last 10 years
10.
by toasted 12y ago
Wait - but quantitative easing usually involves buying back government bonds (in recent times it has also involved buying riskier instruments like collateralized debt obligations (eg. bundled mortages from freddy mac/fannie mae)) But g
11.
by toasted 12y ago
Total vaporware.. consumers vastly overestimate the value of their own attention and assume it can fund expensive things like this. If it can be ad supported why do you need to pay $10 for the "app" via kickstarter?
12.
by toasted 12y ago
Has anyone considered the grameen model of peer pressure lending in P2p marketplaces? You signup with your facebook account, it records all the details of your facebook friends, and if you go into default on your loan for more than 3 paymen
13.
by toasted 12y ago
So amazon's market cap of 144b is theoretical because they don't have profits? And bezos should be paid enough salary to survive but not so much that he is no longer "hungry"?
14.
by toasted 12y ago
Because regardless of whether profit is there, they should be able to extract value if they want to.
15.
by toasted 12y ago
Because the founders have created the business and have created several million dollars of value (based on the VC's own valuation). Why should they not be able to cash out for a lifetime of financial security?
16.
by toasted 12y ago
Congrats. You guys have a great product and deserve your success. Tomorrow Youtube or Twitch could expand their offerings to include your business model and you may find yourself irrelevant within 6 months. I had a liquidity event last yea
17.
by toasted 12y ago
Just out of interest, is there a company which provides covert early exits for founders? For example I meet with a founder, they sign a contract saying secretly that they will give me a share of their equity in 2 year's time or wheneve
18.
by toasted 12y ago
Not to be overly emotive, but honestly, fuck Sam Altman on this one. If a person founds or cofounds a company worth >5million, they should become a millionaire and have lifetime financial security. The VC already in all likelihood alrea
19.
by toasted 12y ago
sounds like somebody's girlfriend got pulled by a hipster
20.
Sydney taxi driver making multiple citizens arrests on Uber drivers(smh.com.au)
3 points by toasted 12y ago|0 comments
21.
by toasted 12y ago
Big record companies support spotify because they have been given billions worth of equity in it. Artists have been given no equity in spotify. They should pull their music and move to another platform offering ownership.
22.
by toasted 12y ago
https://www.facebook.com/groups/354103174706185/ What would be the best way to integrate additional stuff into these facebook groups to replicate the features of Uber? eg. Driver feedback, current active drivers,
23.
Lo-Fi decentralised Uber clone via Facebook groups(stuff.co.nz)
3 points by toasted 12y ago|1 comments
24.
by toasted 12y ago
> Altruism essentially never saves any ships. That's just not > how the world operates. It's always about money. The only > alignment that will work is more money going towards > doctors. In the (non-US) hospital I wor
25.
by toasted 12y ago
your doctor knew it was probably unimportant, could be caused by a myriad of things, and a repeat blood test in a few months would be normal and mean they could forget about it. Because of the patient portal with its ability for patients to
26.
by toasted 12y ago
Agreed. Also, these types of studies always claim to have corrected for differences in confounding variables, but there are always more confounding variables than have been corrected for, and all they end up doing is a statistical comparis
27.
by toasted 12y ago
The last person who tried a bitcoin based IPO outside of established legal frameworks and existing stock exchanges ended up having to renounce his citizenship, move to panama and was fined by the SEC http://www.satoshidice.com
28.
by toasted 12y ago
they increasingly have decentralised aspects (eg. multisig escrow) and the new openbazaar is truly decentralised
29.
by toasted 12y ago
A properly implemented reputation system works great. In addition to this the network could implement certification systems which allow trusted authorities to issue qualifications on certain drivers, eg. for those with a clean criminal rec
30.
by toasted 12y ago
Facebook has a strong network effect in that everyone is on it and few regular people are interested in signing up for multiple social networks. OTOH, rideshare drivers are incentivised to have as many (useful) rideshare apps on their phone

More ›