Obviously if someone loves eating expensive steak, that would be hard to replace with a vegetarian substitute.
3,332 karma · joined September 30, 2008
Obviously if someone loves eating expensive steak, that would be hard to replace with a vegetarian substitute.
Here's a scenario that happened recently. Investors X and Y invested a $30 million Series A in UnicornCompany. Lets just say its a $200m valuation.
Those same exact investors invested a $50m Series C at a $2 billion unicorn valuation (no new investors).
Doesn't that mean their initial investment is now worth 10x in the open market? Thus making their return at least $300m on $80m invested?
Agreed. I downvote ferociously on HN when I see people attempt to be funny or meme on hacker news. It'll be a sad day once people try to use HN as some sort of hacker joke thread.
and what you're describing was also debunked as a scalable core business model by many companies...
https://a16z.com/2014/02/14/why-there-will-never-be-another-...
As others have mentioned, public transit beats uber/lyft when its actually the better, faster service (e.g. London, Tokyo).
But when public transit is poorly planned, slow, dirty, crime-ridden like it often is in the US, uber/lyft wins every time. Even when cities like San Francisco choose to spend billions on improving public transit, they mess it up every single time. There's a long list of hilariously short sighted decisions made on projects like the Transbay Terminal, The Central Subway, Geary/Van Ness BRT.
My daily commute literally runs along the t-line in San Francisco, but I never take it because it's basically the same speed as walking, slower than biking, slower than uber'ing. Poor planning and management is the cause of public transit's decline.
that has a lot more to due with safe transit. I would NOT send a 10 year old kid to take BART or MUNI by themselves. In fact i literally know a couple who's 12 year old son basically got intimidated into giving away their iPod on MUNI.
"State-wide power coverage is estimated to be completed by year 2035 after a 10 year Environmental Review and pending lawsuits from neighbors who don't want power lines in their neighborhood. The costs were originally estimated for $10 billion but are now expected to be around $40 billilon"
....
"Meanwhile a startup called SmartZap is providing cheap electricity that you can purchase through their smartphone app."
As far as I remember, UberPool either wasn't available or popular at the time Chariot started. Obviously the concept of Chariot wouldn't seem viable at all if you tried to do it in 2019.
Not sure what closed doors you're talking about.
The Warriors stadium is literally a gold standard and a model that other sports teams should follow. Not only did they pay out of pocket, but they donated millions to the city to help manage traffic in the area.
There's nothing wrong with building entertainment venues in cities if they're financed without tax payer money.
Explains why there was so much marketing hype behind open source; hundreds of millions of dollars of VC investment was being pushed into it.
Like what does that actually mean? For all we know they went from $100k to $170k in revenue while raising $100 million dollars. It could either be very impressive or just lame click bait to inflate a company they invested way too much money in.
I just question the intentions when they do a huge PR campaign for an internal project...then the leader of that project leaves to start his own company shortly after.
And no...more PR about heron is not going to convince me that 'it's a huge improvement over Kafka'. Kafka has massive adoption, and almost no Kafka users I've come across have expressed a burning desire for Heron or Pulsar.
They had a game changing tool in Apache Storm...once Nathan Marz (creator of Storm) left twitter, another senior engineer took over that group and created his OWN variant of Twitter Storm called Heron. After much engineering PR and github fanfare [0], couple years later he leaves to start his own company to do 'enterprise heron' [1].
So is the goal here to use something that works well for their end-users? Or is it to create a shiny new tool that they can spin off into a new company?
0: https://news.ycombinator.com/item?id=11770758
1: https://architecht.io/streamlio-founders-on-why-the-world-ne...
I don't want to put more content under a terrible post, but the best resource for this material Jennifer Widom's MOOC.
Some of the best things that happened in my career spawned from networking at good conferences.
Its funny that Hacker News hates on Oracle, but their database is far ahead of the competition in a highly competitive market. Say what you want about their other products (that are indeed terrible), but that core database gets them billions in revenue for a reason.
edit: of course with the downvotes for an honest question. this site can be ridiculous.