1,909 karma · joined August 30, 2007
I'm interested to see how well this works. Seems like most of the good analysts currently post on twitter instead of facebook so that could be a limitation... but if they get a bigger audience on facebook now, that could drive them to change.
It would just allow them to get a warrant and wiretap someone's convos.
The main reason I'm skeptical of this approach is that I think the most promising companies won't do it, so the pool of companies doing equity crowdfunding will be low quality
Look at the pictures of the app on google play, one of the example loans is borrow 3500, repay 3500 + 384 4 weeks later.
That is only 11% 'interest' , but it is over 1 month instead of 1 year as we commonly call interest. So really, the rate is more like 130%+.
This is not radically different than a payday loan which will typically charge 10$-20$ fees per 100$ borrowed.
Especially for sports, when I'm watching a game I usually have twitter open to see people's jokes & analysis. Sometimes, I look at the moment the day after just cause I'm curious, but the moment doesn't reflect my game experience at all.
Here is the twitter moment for the 1st day of the NBA season. https://twitter.com/i/moments/659130295396896768 -- its mostly just pictures from official nba and team accounts. There are no jokes, and there is very little analysis. It has some random highlights from games. But the biggest highlight of the night ( game winning block on Lebron ) is missing for some reason.
Same with this moment on the most recent GOP debate: https://twitter.com/i/moments/659492422137827328?lang=en There are no jokes at all. There had to have been at least 1 donald trump joke out there that should have been included.
I think they are working on curation tools so anyone can curate moments, and I think that will really help if enough interesting people take the time to do it. But I really think it could be the newspaper or the 'reddit' of a lot of topics.
Rivals anything I've seen in the wsj or other papers about the deal. I haven't seen a longform article like this on a16z before, very neat.
Lending to this segment of the population is fraught with write-offs, its just not possible to give a great deal on loans with that kind of risk unless you are a non-profit. If it were possible, one of the payday lenders would do it and corner the market.
Yielding in this context, means slowing down, and going very slowly through the stop-sign, assuming its nobody else's turn to go. Every cyclist I've seen pretty much does this already if nobody is around. But the current law is that you must come to a complete stop, even if nobody is around, before going.
There is already a public company that is very similar to airbnb called Homeaway. They are profitable with a 3 billion dollar market cap. It doesn't seem far fetched to me to say airbnb is an order of magnitude more valuable than homeaway based on number of listings and mindshare I see online.
1) Why is a mobile phone random number generator good enough to generate encryption keys, but not good enough to generate one time pads? What extra weaknesses do one time pads expose?
2) For their 2nd point, Zendo has said that the pad exchange happens locally ( device to device ). So you would need to be in the room to eavesdrop. So the transport mechanism they choose there is a little bit less of a risk I think.
3) Their 3rd point also doesn't seem to be that big enough of a deal to warrant the tone... if sha256 is broken, a man in the middle would be able to corrupt messages, but not in a meaningful way ( ie switching yes to no ), it would just look like garbage to the other person...
I think #1 is probably the biggest issue, I'd like to understand it a bit more.
That should shave decades off the jailtime.
Doesn't textsecure and threema have the exact same problem? Both show a fingerprint to the user instead of the actual key.
Alot of the users there use caffeine powder, and he had his bags of powder mixed up with his vitamin c powder and almost drank a drink with multiple grams of caffeine in it. He realized it at the last second and stopped.
moral of the story: caffeine has a fairly low lethal dose and can be dangerous when using the powdered form