Having been through more "classic" VC a couple of times and now PE as well I agree. PE is so much more nefarious and damaging. When you take 100+ M of VC gasoline and pour it on the fire everyone can see what's happening. PE funds want juicy annual returns of free cash and a multiplier sell out; it puts revenue pressure and forces cost control that destroys successful businesses in one funding cycle that might have been doing just find for decades. And nobody but the C-suite and investors gets rich.
sounds like every Vet practice as well. There's lots of things wrong with Canada's public health care system, but the downsides we see with private dental and vet care should be alarming as well.
I grew up without any dental coverage and you are right; if you say first thing "I have no coverage and pay for everything out of pocket" you typically get a very different experience.
It's not just the dentists that are perfectionists, but culturally perfect teeth is an expectation in a lot of the world now. I get it; a kid who's hesitant to smile because they're embarrassed with their teeth is heart-breaking, but it's also very expensive.
the reason that property is so expensive is because that's where the people are. There's no point in avoiding the biggest cost of air freight - getting goods to consumers who don't live near the limited freight hubs, if you land it in the middle of nowhere and now need to ship by rail or truck AND last mile delivery
Yeah my initial reaction was you're comparing today's air freight in a static state with your envisioned optimal airship model; that's not realistic. The alternative to spending big on an entire new industry isn't doing nothing; it's using that investment in some other way, like optimizing air freight, or intra-continental, or addressing the entire overseas manufacturing/shipping model.
A lot of punk has always had an anti-success edge, which seems really unfair. It should be more about DIY and freedom outside what was (in the 90's) a very restrictive, fixed business model. NOFX are the best of example of the punk aesthetic, but Green Day (the pop-punk band, not the Celtic folk band^) didn't sell out while achieving stratospheric success.
It's very catchy, but not super-impressive musically IMO, however it had a huge impact on the scene and entire ecosystem at the time. Many other bands piggy-backed off their success, which I'm not sure happens as much in today's mega-single model. The band has gotten continually better while still staying relevant as well, which is really cool.
I was just thinking this morning about email as the integration interchange, and how TripIt did the best job of this I've seen. It is really, really hard to do right but an awesome feature IMO. I wondered if this is because I'm old and like email though; my kids never use it.
If it comes down to an old guy who loves trains and a younger west coast lawyer I think I'll stick with the trains. They're all politicians first though, so does it really make a difference?
How can Amazon not be an obvious target? Many people say "it's just a website/store/marketplace". This is obviously wrong, but even if that was all they had I believe they use their monopoly position to crush any potential competition. Their model is essentially (the already monstrous) Walmart model at internet scale.
Google workspace is expensive and a big money maker on any scale - except compared to the Google ad machine. This would be a very successful independent business and killing free gmail would not necessarily be a bad move.
if this is true, it's very temporary and very fickle. It is well known that Google rewards (1) big, new initiatives over maintaining long-running projects, and (2) things that power the cash machine over anything else.
considering the publication, pretty disappointing. I guess even IEEE has to chase the clickbait headlines :(
consider this amazing piece of advice:
Q: What advice would you give to inventors looking to integrate AI into their creative processes?
Blank: My advice for anyone in any part of their career is: Every six months, spend three days looking at the state of the art for the tools in and around your space.
it's hard to compare without a control, but a few key points:
* none of the Baby Bells failed
* because they segmented regionally, integration was super important and you could argue paved the way for the modern internet
* consumer services under Bell was incredibly expensive and tightly controlled
In hindsight maybe they should have split up horizontally, nationalizing the natural monopoly components/infrastructure (ex: the physical lines)? It's interesting to see what looks like a reconsolidation of wireless now, I wonder what the future will look like.
One of my earliest memories when I started working in O&G many moons ago was seeing the hilarious daily report "Pig stuck in pipe". From a technology perspective it's an amazing industry, combining old-tech and human experience with some of the most advanced tech that can work in harsh environments similar to space.
yep - my old moto phone was fine, and I didn't add any new apps or desire new functionality, but performance got so bad over time to the point where it was unusable. There's really no attractive business model today in maintaining modest device usage over a long period of time.
I agree - he's facing a lot of criticism for reducing diversity or difference of opinion, but you don't promote this in context of your core values and conceptual integrity. You have private debate, reach a decision and then everyone publicly supports the direction. If you don't believe in the decision or can't support it, you need to leave.
we do this in Poland. While they're technically contractors everyone is treated like employees as much as possible. Hiring globally is really expensive, slow and risky for all but the largest companies. It's hard to be an expert in one system, let alone dozens, and that's before state/province/territory/etc differences.
Well, IMO you were a big part of why the WWE was successful, and they're declining while your career in movies is really taking off, so your personal success should provide you with a lot of validation.
if you've worked at the management level you've seen that GOOD attrition for a software company is maybe around 10% annually (we saw well above 25% coming out of Covid). There's always around this number leaving, looking to leave, or about to. If this flushed out 8.4% with very generous terms that seems low. We should watch the next 6-12 months to see if the expected level of departures continues, or there's a respite.
And, while I'm not invested in this in any aspect, I feel: About time! I appreciate an executive with the passion/guts/ignorance to push a direction that's controversial and not safe. I'm really sick of working for companies that have no opinion or passion, and do a bunch of boring things.
there's another comment above from someone who appears to work there, stating approx 80% of total staff work on WP and 20% on the other properties, so the percentage seems inline across the company & "divisions"
if you've got the resources this is a great way to clear out the dead wood. Most orgs either make life so unpleasant the person leaves to escape, or do nothing and let the poison kill other parts of the company.