This announcement seems to be saying it's 1) untethered and 2) $200 price point. Those will probably increase the current market size but I just haven't seen anyone (anecdotally) clamoring for VR. Curious if anyone has a view on other bottlenecks.
1,370 karma · joined July 19, 2011
This announcement seems to be saying it's 1) untethered and 2) $200 price point. Those will probably increase the current market size but I just haven't seen anyone (anecdotally) clamoring for VR. Curious if anyone has a view on other bottlenecks.
Edit: HN mods updated title to be less click-baity (thanks). Earlier it said "FACEBOOK QUIETLY ENTERS STARCRAFT WAR FOR AI BOTS, AND LOSES". The "and loses" at the end was misleading.
Comedy keeps pulse of social norms. We've made progress over the past 30 years.
Feels like you're overstating the value of "mentorship and incubation". It doesn't "make" companies or founders, it just helps guide the ones who are already on that path. Employees benefit from skills training and career mentorship, but that's different for someone who started a company. The most prolific entrepreneurs are hell bent on success and don't need training or incubation.
We need more companies that hire lots of people. Therefore we need the most prolific founders possible - bring 'em in from anywhere to start more big companies in the US! For example, Google being HQed in the US created thousands of jobs here, not even counting all the companies started by Ex-googlers -- if those founders were sent back to Russia, all those jobs could be overseas. Wouldn't you want them in the US, per your argument?
Source: worked as VC for 5+ years
Plugging this camera into a standard AC outlet and connecting to wifi is easier than it's ever been! I'm guessing you can stick it on with a strong sticker, epoxy, or something similarly easy. ADT built a $7B-valued business predicated on how hard this used to be for consumers to do. Maybe in the future these cameras will be cellular connected so no wifi setup needed.
EDIT: I originally said: "Nest is clearly cloning: https://ring.com/spotlight-cam-wired " But Nest launched first, as commenters point out below. HN crowdsourced knowledge based and fact checking FTW :)
EDIT2: original Nest outdoor cameras had a magnetic attach option -- even easier than the sticker/epoxy/etc path I mentioned.
Your business is dependent on Google for traffic. You can embrace it and be beholden to platform rules, or you can build a direct audience and brand. The latter is hard but more defensible and there are many case studies to follow of other companies doing this.
NIMBYism cuts supply because existing homes are worth more when there are fewer new homes available. Any economically rational homeowner would want that (even though it sucks for everyone else).
Demand is high because people have gotten rich! Google and Facebook stock prices have increased over 2x in nearly 2 years. That probably made a $1M+ for a few THOUSAND people. Then extrapolate all the other big exits or stock growth in time period... unreal wealth creation for many people. Demand isn't going anywhere. It's a supply issue.
Seemed to take 5 min when I did it. Enough to kill the moment. Sharp contrast to how fast Snap is on iOS.
Plus the glasses are uncomfortable and have large blind spots, so I can't wear them all the time (i.e. not good for driving)
Maybe those are training runs or the drivers are letting the wheel guide them.
...which is a messed up, Byzantine system. I'd love a single payer system just to crush this inefficiency out of the system and make patient's lives easier. I would have thought healthcare is all about saving lives but in the U.S. it seems like a dirty busy.
No mention of energy loss when lighting another candle... but really heat is the byproduct of the combustion reaction, so lighting another candle is harnessing the byproduct and doesn't interfering the reaction. The expression is valid! :-P
For non-fiction, I need to be stuck on a plane or have a clear weekend morning.
1) How to Be Silicon Valley http://www.paulgraham.com/siliconvalley.html
2) How to Make Pittsburgh a Startup Hub http://www.paulgraham.com/pgh.html
I didn't mean to imply that the world is coming to an end. I simply hadn't realized how coupled pollution (lead in this case) & economic progress have been. IIRC the rate of species extinction has been accelerating especially for sea life (too lazy to lookup citation). That's real, irreparable harm, at least to those species.
But that's backward looking. I'm optimistic that technology advancements will cap energy usage per person and still enable us to advance society.
And FWIW... my few hunter friends claim boars would dominate North America if humans weren't around. Surprisingly smart, powerful, and aggressive creatures.
Could you elaborate on what drives the high cost? Or what would need to change for this to viable?
I used to do endurance sports (Ironman/triathlon, marathon, etc.) and now my ONLY exercise goal is to move around for at least a few minutes every morning. When I'm busy, it's just quick stretches for maybe 2 minutes. When I have more time, it's a bike ride, jog, lifting weights at the gym, etc.
It might sound too simple but that's what made an easy daily habit to start. And it makes me feel good, making me want to eat "clean" to keep feeling good all day long.
Maybe some day I'll get more aggressive again but right now it works really well and it's easy.
Confrontation is critical when you have important information or perspective that can change the current course or result in a different decision. It's your duty to be assertive (when it's important, not for trivial things).
Being direct doesn't mean being a jerk or being rude. There's no excuse for combativeness. The point isn't to pick a fight or attack a person, it's to attack an idea and to do the right thing. Combativeness is a sign of immaturity or inability to deal with high stress.
It can take practice. It's liberating once you get in the habit of it.
EDIT: This saying: "You are the average of the five people you spend the most time with," sums up the the importance of work culture (same with choosing a partner and friends too).
Uber raised $9B (1). Presumably this is all preferred stock or convertible debt, which is paid out 100% in an acquisition. That means investors only lose money and if Uber is acquired for under $9B. Over $9B, then investors and common shareholders splits the proceeds according to their ownership (2).
I'm simplifying as the liquidation preference matters based on the different valuations that investors paid.
For example, if Uber is acquired for $30B, then all the investors who paid above that valuation, would get their money back first. Then remaining investors and common shareholders would get their % split of the remaining pool of capital.
1) https://www.crunchbase.com/organization/uber#/entity
2)Usually this is how it works, but sometimes the terms vary.