1,077 karma · joined October 20, 2008
About: https://cody.ebberson.com/
Refer to Guy Kawasaki's famous blog post on the 10/20/30 rule for a good intro: http://blog.guykawasaki.com/2005/12/the_102030_rule.html#axz...
I also prefer to have about 20 backup slides at the end that address most common questions. Usually these will be deeper drill downs into market sizing, competitors, financials, short/medium/long term plans.
The successful entrepreneurs who I've worked with are almost fanatical about the investor deck. They obsess over every word on every slide. It's both incredibly inspiring and utterly painful.
In my opinion, the biggest cause of this is the artificial caps on the number of doctors graduated every year. Only a small fraction of qualified med school applicants are accepted each year. (In my idealism) more doctors would create more of a free market. The market would find ways to identify high quality doctors who deserve $1m a year, but there would also be the $200k/yr doctors for normal middle class and $50k doctors for low income areas.
The cynic would say it's because the medical community is being protectionist. The conservative would say it's those pesky liberals worrying too much about our safety. The doctors I've worked with speculate it's because of the "priest" like status that doctors have historically held in society.
For hackers... well, let's just say there's a lot of money to be made in medical software. Doctors value their time very much and are willing to pay silly amounts of money for modest efficiency improvements. Most hackers are scared away from medical software because of concerns of excess regulation and complexity. That's a fair concern, but that doesn't mean there's still not good opportunities.
I was in Beijing for about 6 months. I would not recommend that unless you either (a) speak Mandarin fluently or (b) plan on staying there for the long haul. Engineers were highest quality I've seen though.
http://www.theatlantic.com/doc/200907/ideas-tax
The general concept is that the only thing that should be taxed is behavior we don't want, which is unproductive assets. We should encourage people to work, so income tax is bad. We should encourage commerce, so sales tax is bad. We should encourage people to accumulate wealth, so basic property tax is bad. BUT, we should discourage unproductive assets, so we should tax them.
A negative deposit rate is essentially a tax on unproductive assets. Maybe this is the way of the future.
I know it's popular to assume Microsoft's incompetency, but that's not the case here.
Many engineers internally have proposed changes and provided patches that could drastically improve the functionality. However, the gatekeepers are incredibly conservative. Not only do they have to consider the legacy issues, but they also have to consider all of the ISVs who would kick and scream about anti-trust. The subset of the customer base who would truly appreciate a better notepad do not justify the risks.