13,892 karma · joined November 6, 2016
Because that costs money and most Etsy sellers sell very few things. We're not talking thousands or hundreds or even dozens per months. We're talking single digits per month. Per store. Not per item. With 7 million stores.
> Re: quality / drop-shipping — I feel like a lot of this could by solved just through simple semi-automated verification. Require for a product to be listed, for the seller to upload a video of themselves making the thing. Then pass those videos to MTurk workers to evaluate them for tricks.
See the previous point. No one would use Etsy if they had to make a whole video and go through an automated process for an item that might sell once per year.
edit: Amazon sells something like 350m products including the marketplace and 12 million directly. Etsy sells over 100m. Amazon has 40x the sales revenue. The economists are so different between them it's not even the same universe.
That seems to assume a very very unrealistic 100% of orders being from offsite ads. In reality it's probably 10% for most shops if even that many.
Except Ebay and Amazon already existing.
Feel free to release a computer named Apple to prove me wrong.
It is perfectly valid to ignore a risk and then assume you'll figure something out if it comes to pass. Few things happen quickly so you'll have time to talk to other founders and investors and so on. Or maybe you'll fail and then start a new venture in six month. Trying to plan for mitigations ahead of time will mean you spend all your time on mitigating risk versus growing the business. A climber that does that is a corpse.
edit: Of course Google, the king of the tech bubble, saw this as a positive so your statement about this being a tech bubble thing is also really amusing. If anything the tech bubble would likely agree with you so you're part of the tech bubble mindset on this one.
edit: Actually de-risk and not simply lie about de-risking. Eventually you need to publicly test the prototype and the lies will fall apart.
That does not sound like the profile I'd want to run a moonshot project. To me you either you want someone who is very goal oriented to do a research lab approach or very product oriented to do a deep tech startup approach. Abandoning a PhD indicate it's not the former and McKinsey indicates it's not the latter.
Road capacity has a physical limit. Unlike data you cannot convert cars into light of various wavelengths to pack more into the same physical space. Well you can but that's called public transit. In other words, public transportation has a higher capacity per road/rail area than cars ever will. We don't live in the metaverse after all.
As a result more people using cars (self-driving or not) means you hit the road capacity much more often. That means more congestion and longer trips. Any efficiency you gain by going point-to-point is utterly lost in the increased congestion and traffic.
As the other person noted, European cities are much denser and have significantly less road area than US cities. Thus more cars means significantly less efficiency as you spend more time in traffic.
Public transportation increases the potential commuter density per area of road/rail while self-driving doesn't.
Imagine how much more GDP the US would have had if they had done that...
edit: Of course, Europeans also use that extra time to enjoy life versus driving GDP that due to increasing wealth inequality won't benefit them in any tangible way.
Not true at all. The vast vast majority of turbulence incidents are very well predictable. It's not 1930 anymore.
> - The conditions that lead to uncomfortable or dangerous turbulence are not at all uncommon.
Except your flawed logic in the previous point flows to this point. The question isn't turbulence but unpredictable severe turbulence which is much rarer. About 1 per million flights I think which is far from common.
> A smart, independently minded person, would do the following risk analysis:
Given the flaws in the risks analysis I find this sentence hilarious.
I've met people who actually and rationally consider all the potential risks and I respect them. It's also an exhausting life to lead from my observation.
I wonder if that's just due to people not self-reporting due to the cost of doing so.
> "Beekeepers have to notify and then destroy hives within seven days after finding the disease - and most beekeepers, including Steve, usually comply with that regulation.
And yup. "Most." "Usually."