1,221 karma · joined November 17, 2008
www.jonkatzur.com https://github.com/jkatzur _jkatzur (at) g-mail_
Also, she caused quite a stir a few years ago for letting her 9 year old kid ride the subway alone. Her story about it is here: http://www.nysun.com/news/why-i-let-my-9-year-old-ride-subwa...
But, they really need a better team helping clients make their decisions on whether to use Groupon. While this article I thought offered little in the way of a "dirty secret" and wasn't particularly different than others on the topic, it shows a PR problem endemic to Groupon. This definitely needs to be fixed to ensure the long term success of Groupon, which I guess will be include a Yelplike/Yellow Book service.
For the consumer, if they can offer some of the analytic capabilities of Mint combined with the ability to make cash withdrawals from ATMs, deposit checks from your phone, and even get (some) interest it's an incredible product. It can roll most of your online financial needs into one company with a dedication to customer service. Sure, they may provide slightly worse interest rate. But how many people actually know their exact interest rate right now? Compare that with the number that have been adversely affected by overdraft fees and who would appreciate real customer service.
I wish them the best of luck! I hope they become the Zappo's of banking
Link to discussion: http://news.ycombinator.com/item?id=2074044
Obviously, this doesn't need to mean spending 5k on the biggest TV, and doesn't mean outstretching yourself on a huge mortgage for a McMansion. But, if you save a little less and tactically spend on things that will make you happier I think that is definitely worth it. This isn't a huge defense of "stuff," but I think it's also okay to lose some wealth to gain happiness. I personally like spending money on travel/experiences. There was a lifehacker article about that yielding increased happiness.
Link: http://lifehacker.com/5608980/spend-on-experiences-instead-o...
Honestly, I think the most challenging thing will be to change Chile's cultural fear of failure. That is probably the single best asset that Israeli culture has in spurring innovation. It is just considered the norm.
First, Stumbleupon could get more traffic, but less actual interaction. As an example, my personal blog posts recently got about the same number of page views from a post on HN and from a status on Facebook. But, the HN users were on my site for an average of 42 seconds, as opposed to 3.5 minutes for Facebook.
Second, the type of traffic could be different. I have no personal example of this- but it may be that Stumbleupon has more generalist viral content and Facebook could have more tailored content, possibly better for small businesses to monetize.
Either way, really cool for Stumbleupon, I totally did not realize how huge it was.
You can read about this: http://antisocialmedia.net/ipo-probe-of-wall-street-ties-ton...
Ex: In order to invest at this "low" valuation Goldman had to promise to set the initial price of the IPO to be artificially high. People buy the IPO in Facebook excitement, and right when insiders are legally allowed to sell they dump stock and exercise options and later investors are screwed. Goldman makes huge profit in this situation- on both fees and their sale of stock.
If you are interviewing for a junior level position, I would mostly be prepared to describe applications you have created, included side projects. You will likely be given some application and work with the interviewer to design/implement it. Usually you can and should ask them questions and make it as much of a dialogue as possible. Many companies will expect you to actually write code in an interview, so be prepared for that. Usually this is in the language of your choice, but I would at least be prepared to do things in javascript as this is a front end position, and every front end person should understand javascript.
I don't really know for more senior roles, but I would imagine you'd be asked more "big picture" questions like what are the advantages/disadvantages to various web frameworks, why you would use one over another in various example applications. Also, perhaps how you would work to architect/possibly design some front end application.
Also, obviously know your resume- make sure that any languages/skills/frameworks on there you actually know and be prepared to talk about all your experience on there.
What I don't see is a leader from either political party willing to possibly address the long term debt problems, job losses, or general solvency by making the hard choices to cut something somewhere! Instead, we have pathetic politicians pandering to one group or another afraid to make the hard choice and say "No" to something. I hope the Ed Randel can use his position to address that wussification, not just people who don't want to play football in the snow.
The winning quote from this article is: "His courtroom foes contend that Balsam is one of many sole practitioners unfairly exploiting anti-spam sentiments and laws. They accuse him of filing lawsuits against out-of-state companies that would rather pay a small settlement than expend the resources to fight the legal claims."
Finally, a consumer is using the same tactics that big companies with big budgets use to get startups and individuals to give up their claims. This obviously only works because Balsam is a lawyer and doesn't need to pay his legal fees. But, I am happy to see someone fighting back!
tl;dr I think the Israeli army if anything is a massive contribution to the success of their innovation economy.
(1) http://www.amazon.com/Start-up-Nation-Israels-Economic-Mirac...
Most importantly, good luck to this kid!