1/ Basic premise was they keep highlighting their entry into larger and larger markets and so investors keep ponying up $ for the ambition. 2/ First, it was taxis
3/ Then, it was taxis + logistics
4/ Then taxis, logistics, vehicle ownership
5/ Then taxis, logistics, vehicle ownership, autonomous
6/ Then taxis, logistics, vehicle ownership, autonomous, trucking
7 / Then taxis, logistics, vehicle ownership, autonomous, trucking, drones
8/ I might have the order wrong but each spins Uber into addressing an even larger Total Addressable Market
9/ While they never actually own even the first one (taxis) yet. But investors love the ambition and keep ponying up.
10/ Hence, the ponzi scheme of ambition
https://twitter.com/asanwal/status/820365771834531841"
It's hard to say whether Musk is doing something similar or not. Satellites, boring company, mars mission, electrified grid, etc....Obviously, Kalanick is much different than Musk, but I can't help but feel pattern recognition creeping up on me.
1. First, I haven't heard many people argue that they think Musk's end state isn't viable. That is, Musk has already proven you can build a great electric car, the question is just whether he can solve the production issues and scale up (especially battery production) fast enough before he runs out of money. But if he does get there before he runs out of money, people agree he will have huge moats around his business with his technology, brand desirability and the gigafactory. Contrast this with Uber, where a lot of people think that in the end state (when VC money stops subsidizing every ride) that it will essentially be a commodity business with very poor economic fundamentals.
2. Uber has had story after story of fundamental problems with their corporate culture, while everything I've read about Tesla appears to be almost the exact opposite.
The vast majority of healthcare spending goes to hospitals and doctors, yet the political environment hyper focuses on drugmakers. Why isn't there a larger focus on reducing the costs of hospitals and healthcare professionals?
[1] http://www.pfizer.com/files/about/Position-Role-of-Pharmaceu...
$ echo 'Hello World!'
which if, you think about it, requires a kernel, multitasking, driver independence on various level, many drivers, memory management, possible resource accounting, binary api, dynamic linker, interpreter, etc, etc, etc.All (or at least most) of this seems overkill if you just want to print out 'hello world'. But it makes total sense if you want to do a little more complex stuff.
It kind of reminds me of the state of Linux in the mid-late 90s, where you'd have "install fests" with a roomful of 25 people and it took a whole day to get Linux installed on your machine (and your sound still didn't work, that took another afternoon).
* https://www.cdc.gov/drugoverdose/data/heroin.html
* http://www.cbsnews.com/news/heroin-use-in-u-s-reaches-alarmi...
So certainly higher usage for marijuana, but definitely not "many orders of magnitude"
The "fun facts" he listed re: the board members were just that - interesting tidbits (that I was personally intrigued to find out) but yes, not relevant to other aspects of the case.
The fact that "Carmack was enthralled with VR" is very much relevant to the story of why Carmack decided to spend so much effort (apparently using some Zenimax's resources according to the post) to work on technology that at the time wasn't immediately relevant to what Zenimax was doing.
I wonder how this compare to a yurt or straw bale construction.
With the internet and modern transport infrastructure there's no reason to live in a big US metro area like SFO or NYC. The quality of life sucks and the cost of living is outrageous. I can be in midtown Manhattan with a trip about 20 minutes longer than the average Long Island commuter, and live in a bigger, nicer home in a better place that would be possible in the metropolitan area.
It's kind of ironic that we pay people on the other side of the planet to run our IT systems, but the average technology company insists on locating much of its stateside operations in a small number of ridiculously expensive places that increase cost and almost certainly decrease the quality of output. Car companies figured this out 100 years ago.
I think this is a dubious statement. The bifurcation of American society, with increasing concentration of wealth in cities, and increasingly desolate rural areas, has only accelerated in recent years.
The fact is that most in demand knowledge workers want to live in central urban areas. You say you can have commute "only 20 mins longer than your average Long Island commuter" - does that mean your door-to-door time is over an hour each way? No thank you, I'd much rather live in a small apartment with a 15 minute walkable commute.
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