1,183 karma · joined August 12, 2011
I think it's an important distinction to make when describing domain name disputes.
That's not correct. The top funds have very high IRRs. For example, Foundry Group on slide 5: www.scribd.com/fullscreen/57221228 . I remember Marc Andreessen describing A16Z's first fund as returning >100% IRR. I'm sure SV Angel's is very high as well.
In some cases, one or two investments account for most of the returns.
That's not at odds with a fund being successful. Startup investing is inherently about finding outliers: http://www.paulgraham.com/swan.html . Its alright if the median investment returns nothing as long as an outlier can return the entire fund. You might disagree with an entrepreneur aligning herself with investors that have this sort of thesis, but it's not accurate to say that the top funds perform poorly as a result.
Founders usually purchase all their shares up front, so this term says that the company can buy a percentage back if they leave before 4 years.
I never played WoW, but I would believe that there are some different managerial aspects to running a guild or organizing raids with 40 other players.
http://www.adexchanger.com/online-advertising/to-catch-a-bot... http://www.adweek.com/news/technology/meet-most-suspect-publ...
For example, the game was not designed to give mutalisks the ability to stack on top of each other. However, at some point in the early 2000s, it was discovered that when 11 mutalisks were grouped with 1 overlord, the mutas tended to stack: http://www.youtube.com/watch?v=NfqQYJzq7o0 . This meant that an attacking player could deal the damage of 11 units while only exposing the surface area of 1 of them. Using this technique, a pro gamer named July won the 3 OSL tournaments: http://wiki.teamliquid.net/starcraft/July .
With respect to the path-finding behavior described in the article, there is a funny aspect the author doesn't mention: mining workers still collide with buildings while mining, just not other workers. This lead to a technique known as the manner pylon: http://www.youtube.com/watch?v=EmS2ghQyAYI . If a protoss player builds a pylon in their opponent's mineral line with great timing, they can trap their opponent's workers between the minerals and the pylon. This renders the workers useless until the pylon is killed.
In Starcraft-speak, "manner" means being respectful (such as saying "good game" when you lose). The manner pylon got it's name because it is so incredibly annoying to deal with, it will cause anyone to lose their manners.
For those of you who might be familiar with Starcraft, but not the competitive scene, you should know that pro players are executing these techniques at a rate of hundreds of APM (actions per minute): https://www.youtube.com/watch?v=Z4UTDudShDY
The majority of all ad spending is for brand awareness campaigns, not direct response. That's why CPMs for TV spots are still higher than both desktop banners and mobile banners even though TV has no checkout process. The prices are driven by Coca-Cola's spending, not ShamWow's spending. Also, desktop banner CPMs have been going up lately because of the new agency trading desks like Cadreon, Vivaki, and Xaxis. They are helping brands finally buy more digital ads because it's a lot more complicated and fragmented than buying TV, radio, or print.
Also, mobile usage is exploding right now. It makes sense that prices would be low while supply is growing faster than demand. Over time, the usage will level off and the ad dollars will catch up. I think the CPMs then will be a much better judge of the effectiveness of mobile ads, and I think they will be driven by how well brands can engage with consumers through mobile devices.
I've been using Everyday.me for about a month now and it gives me a lightweight version of that feeling. I don't record everything in my life, but I throw in the occasional photo or comment about my weekend. I probably could keep that same data in a physical scrapbook or word document, but having an iOS app makes it convenient.
For me, journaling is not really about the input; that part is tedious. I enjoy consuming the journal later, so the input is necessary. Everyday.me just makes the input a little less of a hassle.
One core component of RTB is the separation of supply and demand. This is different than the ad network model where a central hub connects the buyers and sellers who all work with the network. This "central hub" approach is true of AdWords; you can buy traffic from AdSense publishers through AdWords and no one else.
Through LeanMarket, you can buy impressions from publishers who sell through Google, Microsoft, Admeld, Rubicon, or PubMatic--none of whom LeanMarket has a direct relationship with.
Also, doesn't this screw investors? I guess if you're hunting for homeruns it doesn't matter if you get a small piece of an acquihire or not.
I would imagine the majority of people who own Facebook shares know exactly how many shares they own and not an exact percentage of the company.
Almost any domainer will tell you to completely ignore automated appraisal services like Estibot. Most will also tell you to ignore professional appraisals; they are better at estimating auctions prices than anything else.
To invest, you need to have a fundamental belief about the long term prospects of the company above that of the market. I think better answers would be "I think Facebook is a $150b company, so yes" or "I am 50% more bullish on Facebook than the market" or "I think I will be able to sell to people in the future who will be 50% more bullish on Facebook at that time."