Sometimes these bets payoff, the investors adjust for that likelihood. But it's not a game for the faint of heart.
301 karma · joined November 15, 2019
Sometimes these bets payoff, the investors adjust for that likelihood. But it's not a game for the faint of heart.
Sorry if that seem a very simplistic approach, but curious what other techniques have been tried outside of Eulerian/Lagrangian magnification?
I am a 3x entrepreneur (1 failure, 1 moderate success, 1 ongoing) and IDK of anyone who got to product market fit using the "start with why" or even "start with who". As some others have pointed solving a "problem" involves looking at the who, what and why conjunctively and iterating like a demon.
Most businesses are just winging it, but stick with it and iterate furiously.My 2c.
You could psychoanalyze this as acts of redemption, guilty conscience, seeking further world domination or whatnot, However it's undeniable he's helped many, many people and far, far,far more than his keyboard detractors ever would or could. And that's a very good thing IMHO.
It's very easy to blame the politicians, the average American has led a largely comfortable, coddled life and is unprepared to hear anything negative. Politicians are also sales-persons and they tell the public what it wants to hear.
How about the 12 Million South Asians displaced in the partition of India & Pakistan? How many Hindus/Sikhs do you see asking for their lands back? the Indus Valley (modern day Pakistan) is the cradle of Indian civilization.
Mind you, both these events happened at the same time (1945-50) as the founding of Israel. Somehow they all seem to have moved on with their lives, and yet the Palestinians seem to be the only one fixated on "our lands" and indulging in self-flagellation.
IMHO the The Palestinians just need to get over it and move on with building a new life in some Arab countries. This idea of condemning generations to oppression and racism, and living in that hell hole of Gaza/West Bank, in the vain hope of winning it all back, is utter insanity.
1. I didn't "choose" the idea, the idea chose me. i.e. It took on a life of its own, and we had product market fit.
2. The fact that you are dabbling might actually be a good thing i.e. the explore-exploit dilemma.
kind of like 2020.
Here's a quick experiment, click clearancejobs.com [1], as of this writing it lists 50K+ well paying jobs (high 6-figs) fully reserved for US Citizens, especially those whose antecedents can be traced. And this usually means people with surnames like Smith, Green, Johnson et al. And, this is just one website, over say a job cycle time of a few weeks. Now one can extrapolate that there are hundreds of thousands of such jobs.
Now H1b is 65K Visas a year, Let's say that 80% of H1b are fraudulent - which it is NOT, but just for the sake of argument, let's say 80% are outright fakes - this is more than offset by very high paying US citizen only jobs in on a single website, over just a few weeks!
Now salaries might not be going up as as much as some wish for, but in an economy there are many more variables than just supply & demand, that determine wages. I would also remind you tech worker salaries are already among the highest, if not the highest, salaries in any professional class. Only very specialized doctors like Neurosurgeons, plastic surgeons etc make more.
To somehow say that H1b is the root of all evil can only come from a very spoilt entitled class - dare-I-say White American Males - that has all the bountiful benefit of an economy with FULL employment, Actually FULL++ employment. And yet, they are just so fragile, entitled and selfish....
H1b is, at most, a _minor_ inconvenience to a set of very spoilt brats, used to having it their way, or throwing a tantrum otherwise. 65K jobs is not even a droplet in the ocean that's the US economy, and yet the fact that this issue gets some much coverage is a testament to the power of this very privileged group.
[1] www.clearancejobs.com