startuprules

You also want to make sure you track down deadbeat clients (bad tax collection) and not get a long expensive office lease (offer retirement at age 50)

Agreed. Also, there is the value perception. When players have to sort through all these MMO games to play, the paid ones stand out over the free ones. (for those players with limited time to play, and can afford to pay)

World of Warcraft dominates the MMORPG market. Why? they created the best damn product.

Go free to get lots of broke users if you want to help scammers serve ads to those users.

cynicalkane's biased; he programs for the Chicago Mercantile Exchange. Of course he wants to persuade the lemmings to invest so that he still has a job. Logical? yes. Immoral? probably.

What purpose did your meta comment serve?

Here we are again, trying to convince ourselves that the boat is still sinking. I really don't understand the lower galley's fascination with drowning.

For every item on the list you can point to trends that are positive for the exact same metric. The boat is still afloat.

I agree that the availability of fine wine is quite uncertain right now. However, waving the flag of doom isn't really productive at this point.

Either way, it makes you no better than that Jack Dawson guy.

Actually, the pink elephant in the room is the huge corporate debt - total domestic debts at 7.2 Trillions.

"American companies are not in robust financial shape. Federal Reserve data show that their debts have been rising, not falling. By some measures, they are now more leveraged than at any time since the Great Depression.

Central bank and Commerce Department data reveal that gross domestic debts of nonfinancial corporations now amount to 50% of GDP. That's a postwar record. In 1945, it was just 20%. Even at the credit-bubble peaks in the late 1980s and 2005-06, it was only around 45%."

http://www.marketwatch.com/story/the-biggest-lie-about-us-co...

This is why America's doomed.

So no printing (let the market correct itself) or printing (let the government siphon off taxpayer money to rich, pretend it's for the good of people)

Actually, the commercial real estate market crash will dwarf both the student loan and the housing market crash.

"Over the next five years, about $1.4 trillion in commercial real estate loans will reach the end of their terms and require new financing"

Elizabeth Warren Warns About Commercial Real Estate Crisis, 'Downward Spiral' For Small Businesses, Local Banks http://www.huffingtonpost.com/2010/02/11/commercial-real-est...

Please read the post. The poster was talking about the bailout. The average gas price after the bailout in LA is around 1.69. The average gas price right now in LA is 3.13

Yes, and we are going to have economic correction regardless of whether the government print or not. Printing just makes the correction even greater and the suffering more pronounced.

1.) You're (like most people on this board) are confusing technology gains with monetary phenomenons.

2.) We went from a mainly single-income family in the 70s to dual-income family today. Notice how most household today goes to hell if even one parent is laid off.

I could be crazy :) I am sitting in a coffeeshop relaxing and spending money from my income-generating business, while I watch worker drones go to work with scowls on their face, awaiting to be blamed for failing profits at their company.

Oh and if you think inflation is near 0%, you're not as smart as I thought you were ;)

"but as long we are still at the top, we remain at the top."

Said the captain of the titanic.

"we still haven't gotten that worthless dollar and inflation" Oh yeah? Dollar is at 85 vs the yen, from 115 three years ago. Food prices doubled (food portions also got smaller), healthcare costs doubled, gas prices doubled, and so on. Are you using the old trusty government CPI for your inflation stats?

...Except it couldn't raise rates. Not with trillions of debt needing to be paid back by both government and corporations (hint: there's no way). So the fed will just print and print and print...until the dollar is worthless.

Please, then tell me why my arguments are wrong. Don't be offended just because you're one of those sheeples that go to work every day that have to withstand long commute and increasing workloads, so that you can be effectively taxed at 70% after inflation.

Should we feel sorry for you because you don't have the patience to wait? Because you weren't smart enough to realize that maybe housing prices doubling in 1-2 years don't equate? Did someone make you buy a house at gunpoint?

Why waste all that paper/electronic bits? Just enact a large tax increase...it's the same thing. Oh, but then the American sheeples will notice.

The US government is printing/robbing you of your savings. Don't believe it for a second it will trickle down to you; the last batch of printing/bailout went to banks and shareholders.

On a side note, man, there's alot of sheeples on this board. Do you all like get up early in the morning to go to work and get robbed?

1.) The US wage stagnation/decline for the last 10-15 years has been caused by globalization of labor/emergence of China/India. It is not a recent phenomenon.

2.) If you think government printing money will increase/steady your wage, look no further then the last bailout/printing. The banks/shareholders got all the money. You got lost wages and lost jobs.

On a side note, man, there's alot of sheeples on this board. Do you all like get up early in the morning to go to work and get robbed?

Deflation is dangerous only for the entities that own large amounts of real estate/stocks. For normal people, deflation allows their buying power to increase. The government printing is akin to stealing from your labor right then and there.

dangerous only for the banks.

massive printing of dollars, here we go!

more informative than multiple submitted posts about techcrunch's fascination with foursquare.

If facebook/zynga is any indication, it'll turn humanity into mouse-clicking zombies

Humans are pretty flawed. Maybe it should be the dolphins that go out into the universe.

You would need to ask other visionaries who also understands your market (hard to find). Of course, chances are they would steal it, since it is revolutionary ;)

If the founders don't know whether the product is revolutionary or evolutionary, they don't understand the market. If they don't understand the market, why the heck are they building a product for it in the first place? Get some experience first by working in that market, using someone else's money.