76 karma · joined February 22, 2007
"Young Ellie: Dad, do you think there's people on other planets?
Ted Arroway: I don't know, Sparks. But I guess I'd say if it is just us... seems like an awful waste of space."
-- PG, circa Nov 2005
:)
http://www.google.com/adwords/gadgetads/success/sixflags.htm...
-- This is something I can relate to based on our YC interview last year in Boston. We actually prepared a pitch thinking we'd actually have time to parrot it out. How wrong we were :) Well, at least we know what to expect if we get called again.
Its interesting to note that given the usability constraints of captchas people will almost always go for a "more usable" and algorithmically complex alternative if one is available. The use of akismet to stop comment spam in blogs in a case in point.
"Read this instead: 'The Prince' by Niccolo Machiavelli. Why: It will provide you with the precise moral foundation you'll need to be successful on the corporate ladder."
I dont recall PG ever bringing this up in his essays. But I think this is why a lot of hackers gravitate towards startups. They cant get themselves to follow the advice in that book.
Time spent by people online:Time spent by people on old school media Dollars spent on online advertising:Dollars spent on advertising in old school media
The 1st ratio is of course larger than the second.
By saying this the author makes a couple of assumptions:
1) By users, the author seems to imply the same people who use mainstream media. But really, in this case, "users" are dedicated communities built around digg, reddit and delicious -- which explains the propensity for technology related news items.
2) It could be that users dont prefer to promote mainstream news stories simply because old school media is an existing reliable source of such stories. For example, you could rely on BBC and CNN to report the latest natural disaster -- digg and reddit dont have to do this for their users.