I think the issue is more nuanced than it first seems to most people.
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I guarantee you the NYT INFOSEC budget is lower than you think. : )
More importantly, lots of the information is compromising in a way that is not in the best interests of the public. For example, it embarrases the Yemeni president, along with many other countries. Will that make these people more or less likely to work with the US (or anyone else for that matter) in the future?
However, that's not the case we're in right now. That doesn't mean it won't change in the future. It's also possible (likely?) that reformers' strategy for lean times will be less successful than the strategy for times of excess. Only time will tell!
...Or, more simply, they probably used packet sniffing/similar?
I always talk about how Xobni Analytics failed, for example. Recently I've been talking a lot to others about my own weaknesses.
But by necessity most of the stories about Xobni involve other people, and the stories often involve internal conflict among some of the people on the team, and to tell those stories properly would require being honest about others' weaknesses as well. There's not a culture of doing that in public settings, and I don't expect that to change.
EDIT: the two exceptions that prove the rule are High Stakes No Prisoners by Charles Furgeson, and some of Steve Blank's recent blog posts, even though Steve doesn't name names. AFAIK, both of these guys are basically retired from the valley.
long term, services like greplin will also make it easier for people to switch / move around across service providers for various cloud functions. for example, the more greplin gets used the easier it will be for folks to switch to using event webapps other than facebook.
Backing up to the cloud is the next big step in backup.
Ancesotally, more super angel funds are saying they will participate in later rounds, and since some of them are doing lots of broad seed investing they are the canary in the coal mine on how this will turn out.
* Value creation is value creation. Even if the optics of how liquidity is realized are changed, what matters is making something people want, not the exit strategy.
* There will always be financing options for later stage startups. Super angels will not kill venture capital altogether, as is implied.
I'm not sure how concerned I am about having enough founders swinging for the fences and building big companies.
Certainly founders are getting more of what they want as these small exits happen more frequently. For first time entrepreneurs a few million in the bank is a huge fucking deal.
Acquiring companies are getting what they want, too. Often at the lower prices they want the talent, and I think companies are starting to understand more and more the value of acquiring founder talent.
I think we'll see where this goes. Everything is still playing out and it's a very rapid evolution. Examples:
1) Founder cash-outs are happening more and more, likely in direct response to more frequent early acquisitions.
2) Acquiring companies are still experimenting with how to motivate founders after a talent acquisition. The state of the art for the median case -- shelf their code and throw them into a team often with little creative freedom -- is quite stark.
Maybe hedge funds need to get into this business. Or maybe I should find a way to show hedge funds that my new risk assessment is better.
Though one of the challenges is getting new types of hard-to-fake data. If my risk assessment looks at a person's email account or does machine vision on their facebook photos, those things are easily forgable.
If the premise of the article is true, that people who should be getting credit are not, why can't we start a credit-extending company that does a better job of assessing risk?
One or more of three things must be true here. Either:
1) there is an untapped business opportunity here,
2) the premise of this article is false and the machine is working fine, or
3) there are regulatory barriers getting in the way of making the machine work well.
For defending against passive MITM, you're right (as far as I know) that HTTP-to-HTTPS is okay.
When it comes to password storage, though, the only way to find this out is: (1) if you are able to look at the backend systems, (2) if someone hacks in, as happened with rockyou (google: rockyou passwords), or (3) if they send you your password back in the clear in a password reminder email, rather than forcing you to create a new one. Note that #2 and #3, if they happen, only indicate that passwords are stored in the clear. If they don't happen that doesn't mean they are not stored in the clear.
There are a few compelling use cases to hyperlocal social networking. This article touches on a few, but confuses them with the type of relationships you have with friends.
Yes, there are probably some people in your building that you would actually want to be friends with, but it's not clear IMO how to make that happen. If there really were that many people around who you could be friends with, people in apartments would hang out regularly offline, and they don't.
(In the mean time, I have a Dell box doing this for me, though it was hard to set up. It took hours of debugging to figure out that OpenSolaris would crash until I disabled the second core/SMP. Then, it took hours to find out that the network crashed randomly due to a driver bug, and to find the right hotpatch off a random forum thread.)
http://en.wikipedia.org/wiki/DKIM
As far as I understand it, you can't fake being an SMTP server sending mail from such a domain because their emails get signed with a private key whose matching public key is published by DNS.
Not that that makes it immoral to do so. I wouldn't go that far.
That said -- very cool -- I didn't know those existed!
I understand the principle but don't understand enough of how it would actually work to speak for it as much as I'd want to.
Such a technique could also be especially useful for low bandwidth situations, most notably Paul English's proposed Internet for Africa effort, http://joinafrica.org/ .
If you're interested in this pursuit you should also look at SPDY, Google's suggested augmentation of HTTP. It would probably speed up the web more than better compression in many cases.
E.g. if you shipped an additional 10 MB of "data" with every browser, could you reduce the average image size on the internet by X% by leveraging that 10 MB?
(I have no idea; just an interesting thought exercise. Could make a cool masters thesis for someone.)
It should be possible to cross-file de-dup more than just images.
One important test to watch will be Ocarina's market success, or lack thereof.
EDIT: also, because of the growth of proprietary data stores in the cloud it becomes more and more lucrative to leverage this tech even if it's not a standard. E.g. if you were Amazon S3 compressing redundancies, you use JPEG on your interfaces but use a non-standardized algorithm on your backend.
Interesting thought.
The downside of this coupling might be slower adoption of new cross-file compression algorithms if there is going to be a string of them, which empirically there seems to be. It's kind of funny that the de facto image compression algorithms haven't changed in ~10 years whereas video compression algorithms change flavors every two to four years.