dylanjermiah

I love how you start to story in the middle, as if he were rich since birth. How do you think he earned his first(keyword) millions in the first place? Not through inheritance.

"I should have just studied money."

People buy things which make their life better than it was before they bought the product or service. The magnitude is not important. You now know 'money', if you have the dev knowledge GO BUILD SOMETHING OF VALUE!

People are still surprised that _people_ are different. It's unimaginable why you would expect everyone to be the same.

>"Zuck cloned Friendster and leveraged the exclusivity of a "Harvard social network" to bootstrap his site."

Ah, I wish it were that easy to create a $250+bn company.

It's precisely "despite society's best efforts to stop it" that is the root cause of the current situation.

Thankfully he wasn't being literal.

Jobs was far from perfect. However, his contributions _far_ outweigh all his transgressions. The iPhone has (and will) ushered in an era of unimaginable prosperity for, in the coming years, literally the entire planet.

Whether or not his work could have been achieved without his faults is an open question. One which the counter factual isn't possible.

The key thing to remember is that there are no solutions, only trade offs. Jobs was an unedeniably overwhelmingly positive force on the world.

The VC industry, like many others, follows the power law. The top ~5-10 firms(Benchmark, Sequoia, A16Z etc) will realise 95%+ of the returns for the entire industry. If 'they'don't at least return the fund, and just coast on management fees, 'they' will never be able to raise another one.

I am saying that that there should not be an interference from a third party into a consensual contract between two parties.

I really do not understand. If you want to be classified as an employee, it's simple, don't drive for Uber. They're offering a particular type of job for particular people, it's clear up front. You have a choice.

No matter how good the product is, if the distribution is poor, it will go no where.

They've done some moronic things, yes. But 'ethically bankrupt' is a big stretch. All in all, Uber has created 50bn of market value. They've done that by making drivers and riders lives better than it was before.

Disgusting, PC nonsense getting in the way of education on an important subject.

Well, that's 5bn on 25bn in bookings. Once there's no driver it'll immediately be 5x higher gross. By the time that comes, I have no idea, Uber will be far larger. Easily see them doing 100bn/year

Wow, I had no idea. That's truly impressive, especially for the time.

Uber probably isn't going public anytime soon. They've got at least 6+bn in the bank and will do 5bn gross in 2016.

How are they 'ethically bankrupt'?

You need a variable supply to accomodate for varying demand. Uber would not be able to deliver 10min and under pickups if their supply was limited.

That is false. Travis and Garret just wanted to get a ride quickly (in '08). When they started in '10 neither wanted to run a 'limo company' as they described it, bringing in Ryan Graves. After Travis saw what it could be, he stepped in.

I would not suggest you do that. There are a plethora of services that you've described. What will differentiate yours?

There are. But, they are inherently limited. Via fixed supply and fixed pricing.

Dropbox was getdropbox.com and airbnb was airbedandbreakfast.com

I do not think that's correct. I think the rhetoric is, or has become, stronger than the reality. For example the war on drugs, affordable housing, affirmative action, etc. The proposed intentions have overruled the disastrous results.

Sure? IIRC Uber was hesitant to launch a 'ride sharing' product until Lyft did in SF. Any links to guide me?

What you are looking for is charities/NPO's which are accountable for their actions and results. I do not think that is common now, nor is it common in the government.

Uber Black was 2010 - 2012. Than after Lyft properly launched their service Uber followed with the now more popular UberX.

I do not 'troll'. It's an open ended question, not a forgone conclusion.

Taste is subjective, can't really make general statements.

Do you have evidence to support that more sugar and salt is detrimental?

Do you have any evidence to support that 'processed' food is worse than the alternative?

Taleb makes the classic mistake of an intellectual. Misapplying his field of expertise into another.