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How many quarters after Q1 2016 till Marissa Mayer is unemployed?
1 or fewer
2
4
Her job is guaranteed; what are you even talking about?
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menino
Jul 27, 2006

Pon De Floor

Absurd Alhazred posted:

IBM's not just firing. They're also still doing acquisitions: Bruce Schneier's Resilient Systems is one of the most recent targets.

Lots of medical data companies too: Merge, Phytel, Explorys, Truven. And the Weather Channel. More B2B stuff than Google or Amazon, but still very different from their computers and consulting businesses.

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Arsenic Lupin
Apr 12, 2012

This particularly rapid💨 unintelligible 😖patter💁 isn't generally heard🧏‍♂️, and if it is🤔, it doesn't matter💁.


Dirk the Average posted:


The other nice thing about the field is that you're pretty much going to be living in San Diego, Irvine, Silicon Valley, or Boston. Irvine is a huge center for devices, and San Diego is a huge center for pharma. UCI and UCSD also have programs focused to their respective industry specialties.
I love Northern California, but living in Silicon Valley is no longer a nice thing; the housing prices, always bad, are now pretty much unaffordable unless you're willing to commute an hour+ each way or are on the money from a unicorn startup. My husband and I bought when it was insane but not this insane, and we've concluded that we need to sell the house and move elsewhere if we ever want to retire.

ToxicSlurpee
Nov 5, 2003

-=SEND HELP=-


Pillbug

Arsenic Lupin posted:

I love Northern California, but living in Silicon Valley is no longer a nice thing; the housing prices, always bad, are now pretty much unaffordable unless you're willing to commute an hour+ each way or are on the money from a unicorn startup. My husband and I bought when it was insane but not this insane, and we've concluded that we need to sell the house and move elsewhere if we ever want to retire.

Gettin' out while the gettin' is good is, generally speaking, a good idea.

Chakan
Mar 30, 2011

Emacs Headroom posted:

Sorry guys I used a trigger word.

By "disruption" here I meant "do the things the old inefficient business does, but in a different way". Not "replace the whole industry with an app that gets you in touch with a 1099 worker".

Hope that clears things up.

Q'est le diff?


Seriously though, there is no better way to do Healthcare in America. I work in Medicare and it's an awful nightmare place but unless laws change there will be no change for how healthcare works. If you want to make healthcare better, write your representative, because you can't just set up shop and start doing things different.
I have no clue about the other two industries but I imagine they're very entrenched and basically immutable as well.

Hughlander
May 11, 2005

cheese posted:

I can't wait to see how the power/energry sector gets "disrupted" by the sharing economy :allears:

Smart homes with solar / wind cogeneration buying and selling power automatically. Maybe "day traders" storing in tesla batteries buying on low demand selling back at peak demand. Until it's all regulated out by industry lobbiests writing laws.

Shifty Pony
Dec 28, 2004

Up ta somethin'


Arsenic Lupin posted:

I think these were some of the examples used in the book, but in the mainframe/minicomputer/workstation/PC transitions a lot of the big companies would not commit to the newer, cheaper paradigm because it would undercut/destroy their revenue streams, and because they believed that nobody actually wanted the cheaper, less functional version.

The corpses of the BUNCH (anybody else remember that acronym?), DEC, PR1ME, Wang, Apollo Computer, and ultimately Sun illustrate this point. More modernly, dedicated assistive-communication devices with customized software are being replaced by iPads, even though the iPads don't have the same quality of software. I was at the slowly-decaying shuffling corpse of PR1ME, and the company refused to believe that anybody wanted the cheaper workstations, to the extent that William Poduska, a founder of Prime, left to form Apollo. There was also a very expensive source-management system (anybody remember the name?) that required its own dedicated sysadmin plus prayer wheels, and that everybody gratefully abandoned for less-functional (at the time) open-source solutions.

I'm not endorsing old management books. However, "we can't undercut our existing expensive solution to switch to the new cheap solution" is a genuine thing.

Definitely, I just think there is a mistaken belief that the one who sets off the avalanche will also be the one on top after the dust clears, which leads to the unicorn valuations.

Arsenic Lupin
Apr 12, 2012

This particularly rapid💨 unintelligible 😖patter💁 isn't generally heard🧏‍♂️, and if it is🤔, it doesn't matter💁.


Shifty Pony posted:

Definitely, I just think there is a mistaken belief that the one who sets off the avalanche will also be the one on top after the dust clears, which leads to the unicorn valuations.
Excellent point. See, for instance, Three Rivers, the first commercial workstation company, which IIRC released its first product months before Motorola released the 68000. Everybody else ultimately ate Three Rivers's lunch because of that unfortunate coincidence.

e: Valeant Pharmaceuticals goes boom. Their business model was to buy drugs, then jack up the prices and sell them *only* through their own mail-order pharmacies.
ee: Analysis of why Valeant went boom

Arsenic Lupin fucked around with this message at 20:55 on Mar 20, 2016

FilthyImp
Sep 30, 2002

Anime Deviant

Hughlander posted:

Smart homes with solar / wind cogeneration buying and selling power automatically.
LA's lower company is setting a $10 minimum service charge for Solar users. In the case you contributed more to the grid than you used, here's a bill!

ToxicAcne
May 25, 2014
In the gaming industry threes some big VR hype. Is it actually going to be revolutionary or is it just like motion controls?

computer parts
Nov 18, 2010

PLEASE CLAP

ToxicAcne posted:

In the gaming industry threes some big VR hype. Is it actually going to be revolutionary or is it just like motion controls?

It's an additional cost on top of whatever system you buy, it's very hard to get working well (system requirements are well above what they are for the same games in 2D), and I'm not really convinced that it's all that useful outside of the FPS & Bethesda game genres.

Plus it makes you look silly.

Absurd Alhazred
Mar 27, 2010

by Athanatos

ToxicAcne posted:

In the gaming industry threes some big VR hype. Is it actually going to be revolutionary or is it just like motion controls?

I know the indie game devs in this region (NYS Capital Distrcit) are really looking into getting their hands on sets to play with. I haven't really heard anyone mention specific ideas where it seems to me a complete game changer (:v:), but I'd give them time.

Randler
Jan 3, 2013

ACER ET VEHEMENS BONAVIS

ToxicAcne posted:

In the gaming industry threes some big VR hype. Is it actually going to be revolutionary or is it just like motion controls?

It might become a somewhat lucrative niche once the underlying technical issues are fixed (This can apparently take quite a long time, I understand, as GPU manufacturers' focus lies in other areas when designing new chips.).

If it becomes an established niche in the consumer electronics markets in all likehood it will be one or two of the current companies being bought out and some established bigger company making the profit from it, though.

menino
Jul 27, 2006

Pon De Floor
Did anybody read that Padno article on Intel VC starting to draw down investments? I think it's back behind a paywall but was talking about how it was one of the best corporate VCs out there to work with, and it boded ill for SV.

Moatman
Mar 21, 2014

Because the goof is all mine.

Randler posted:

It might become a somewhat lucrative niche once the underlying technical issues are fixed (This can apparently take quite a long time, I understand, as GPU manufacturers' focus lies in other areas when designing new chips.).

If it becomes an established niche in the consumer electronics markets in all likehood it will be one or two of the current companies being bought out and some established bigger company making the profit from it, though.

FB already owns Oculus and the other major headsets were developed by fairly major corps (HTC made the Vive and I think Morpheus was in-house Sony).
And let's not forget Google Cardboard.

Hughlander
May 11, 2005

ToxicAcne posted:

In the gaming industry threes some big VR hype. Is it actually going to be revolutionary or is it just like motion controls?

I work in the game industry and Think it will be revolutionary but not for reasons you think. It's going to be the biggest lift to productivity you've seen since windowed applications. Some of the major trading firms picked up dev kits to replace 4x3 grids of monitors with a single VR headset. I think it'll be huge. Gaming though? Niche for a long time. Think of the overlap of software and hardware renderers before the major titles went hardware only. It's not until that point that VR becomes more than "3D movie" to the AAA studios. (They'll support it but won't spend 150 million on a game exclusive or optimized for it.)

Freemium games are ignoring it for perceived audience size.

As always though watch the adult entertainment industry.

cheese
Jan 7, 2004

Shop around for doctors! Always fucking shop for doctors. Doctors are stupid assholes. And they get by because people are cowed by their mystical bullshit quality of being able to maintain a 3.0 GPA at some Guatemalan medical college for 3 semesters. Find one that makes sense.

Emacs Headroom posted:

Sorry guys I used a trigger word.

By "disruption" here I meant "do the things the old inefficient business does, but in a different way". Not "replace the whole industry with an app that gets you in touch with a 1099 worker".

Hope that clears things up.
It does, but its worth noting that a whole lot of the "disruption" is the later. A scary amount actually. There are things that bridge the gap, like Door Dash (we have always had restaurants with delivery options, its just streamlined into a slick app - it doesn't change the fact that being a pizza delivery guy is a lovely low wage job), but most of the former seems to really just be an embracing of smartphone/mobile technology and the same old, same old.

Cicero
Dec 17, 2003

Jumpjet, melta, jumpjet. Repeat for ten minutes or until victory is assured.
VR will be a major platform but will take a few years to really catch on, the good stuff is too expensive for mainstream consumers for this gen.

And yeah it'll have significant non-gaming uses as well. There'll be lots of interesting stuff, I think; I remember the Verge had an article about using VR to make it feel like you swapped bodies with someone of the opposite sex, and I think I read about plans to use it for people confronting their phobias.

Emacs Headroom
Aug 2, 2003

Chakan posted:

Seriously though, there is no better way to do Healthcare in America. I work in Medicare and it's an awful nightmare place but unless laws change there will be no change for how healthcare works. If you want to make healthcare better, write your representative, because you can't just set up shop and start doing things different.
I have no clue about the other two industries but I imagine they're very entrenched and basically immutable as well.

Yeah, I think this is exactly true. Imagine if Medicare could negotiate on drug prices, or use all the patient data it has collected over the decades to make recommendations on treatments with the best outcomes, even incentivize hospitals to use those procedures (including disincentivizing unnecessary procedures or pointless diagnostics...)

i say swears online
Mar 4, 2005

Cicero posted:

VR will be a major platform but will take a few years to really catch on, the good stuff is too expensive for mainstream consumers for this gen.

And yeah it'll have significant non-gaming uses as well. There'll be lots of interesting stuff, I think; I remember the Verge had an article about using VR to make it feel like you swapped bodies with someone of the opposite sex, and I think I read about plans to use it for people confronting their phobias.

The phobia stuff owns. One has you help guide an incredibly cute spider up a waterspout, but each level the spider looks more and more realistic until by the end you're enabling the desires of brown recluses.

Paradoxish
Dec 19, 2003

Will you stop going crazy in there?

computer parts posted:

and I'm not really convinced that it's all that useful outside of the FPS & Bethesda game genres.

I'd be surprised if you don't see serious adoption in niche space and flight sim communities, probably at a much higher rate than with people who just play traditional first person games. It's the one area where a Vive/Oculus is actually the cheaper option compared to the ridiculous triple monitor setups that some people use.

That said, a lot of the excitement in the indie space seems to be focused on more whimsical, casual stuff and I think that's going to end up being a massive mistake that's ultimately going to cost a lot of small developers a lot of money. The hardware itself (and the supporting computer hardware) is just way, way too pricey for me to imagine that there's going to be much demand for that kind of stuff outside of early adopters desperate for any software.

These VR headsets are legitimately exciting, though. If it wasn't for the price point, the hardware requirements, and the fact that the devices themselves are ridiculously cumbersome they'd absolutely be revolutionary. From my tiny bit of experience with the Vive, I really do feel like VR is the future of gaming. The problem is that it's the future five or ten years from now, not next year.

Shifty Pony
Dec 28, 2004

Up ta somethin'


What I find really interesting is that VR seems to fundamentally break horror games. Nearly every write up I've read has said that things which used to be enjoyably spooky are transformed into being legitimately not at all fun terrifying.

Bushiz
Sep 21, 2004

The #1 Threat to Ba Sing Se

Grimey Drawer

Shifty Pony posted:

What I find really interesting is that VR seems to fundamentally break horror games. Nearly every write up I've read has said that things which used to be enjoyably spooky are transformed into being legitimately not at all fun terrifying.

I think we've just had so much experience manipulating fear in media in the past forever, that we're, societally, too good at it for our own safety. I think we'll see scaling back and any adoption of VR in the horror genre will become "VR-Only" because the psychological distance of watching a VR-experience on a monitor will render it cartoonish, while a VR version of PT would probably straight up kill some people, through heart attacks or making people recoil backwards and crack their skulls open on the desk

FilthyImp
Sep 30, 2002

Anime Deviant

Bushiz posted:

I think we've just had so much experience manipulating fear in media in the past forever, that we're, societally, too good at it for our own safety.
Oh yea, infinitely yes. Universal's Halloween Horror nights turns people into sweaty gibbering fools. But part of that is being able to scream with friends and share the experience.

Being alone with a VRu strapped to your head... Potentially more terrifying.

Kind of like the difference between watching a jumpscare on TV/in a theatre, or reaching for something while you're walking in your home at night and hitting something that should be be there.

Josh Lyman
May 24, 2009


Can't we all agree that VR porn is going to be the killer app?

ToxicSlurpee
Nov 5, 2003

-=SEND HELP=-


Pillbug

Josh Lyman posted:

Can't we all agree that VR porn is going to be the killer app?

There's already porn on it. Guaranteed.

I would blow Dane Cook
Dec 26, 2008
Does anyone else want a Bloomberg terminal? They seem awesome.

Shakenbaker
Nov 14, 2005



Grimey Drawer

Jumpingmanjim posted:

Does anyone else want a Bloomberg terminal? They seem awesome.

Disrupt the market with your own VR terminal :v:

I pretty much dread mass adoption of VR and the like. I've got a perforated iris, no real depth perception, and no peripheral vision on one side. Also get a second image above anything bright or reflective because while my brain tends to cut out the blurry crap that lines up, it does not do this when they don't. 3D movies/TV are also hell but it looks like that's already fallen away.

The upshot is that I get to be all "old man yells at clouds" about technology while still being a millennial.

Hughlander
May 11, 2005

Shakenbaker posted:

Disrupt the market with your own VR terminal :v:

I pretty much dread mass adoption of VR and the like. I've got a perforated iris, no real depth perception, and no peripheral vision on one side. Also get a second image above anything bright or reflective because while my brain tends to cut out the blurry crap that lines up, it does not do this when they don't. 3D movies/TV are also hell but it looks like that's already fallen away.

The upshot is that I get to be all "old man yells at clouds" about technology while still being a millennial.

There's hope. One of my friends works at Oculus and had his pupils dilated for an exam. He went back to work tweaked the settings for what he was seeing and put in the full day.

I would blow Dane Cook
Dec 26, 2008
Omg look at the mess valeant is in.

I would blow Dane Cook
Dec 26, 2008

quote:


Valeant (NYSE: VRX) has 22,000 incredible employees and a collection of very strong franchises. While the challenges facing the Company are significant, I am confident that Valeant will prevail and emerge again as a very strong company.


As former CFO of the Company, I want to be very clear that the 8-K filed by the Company today, and the Company press release issued today, contain an incorrect statement. Contrary to the statement in the 8-K and press release, at no time did I engage in any improper conduct that relates to any restatement of revenue the Company is considering. In addition, at no time did I ever provide any incorrect information to the Audit and Risk Committee or the Company's outside auditors regarding this accounting issue.

As a result of the fact that I did not engage in any improper conduct regarding this proposed restatement, I have respectfully declined the request from the Company's Board to resign from the Board.


http://www.streetinsider.com/Corporate+News/Valeants+(VRX)+Howard+Schiller+Issues+Statement/11436038.html

Josh Lyman
May 24, 2009


But they're up 11% today :v:

axeil
Feb 14, 2006

Jumpingmanjim posted:

http://www.streetinsider.com/Corporate+News/Valeants+(VRX)+Howard+Schiller+Issues+Statement/11436038.html

holy poo poo.

"guys the actual forms we are legally required to file are lying, don't listen to them, everything's fine i did nothing wrong"

Shifty Pony
Dec 28, 2004

Up ta somethin'


axeil posted:

holy poo poo.

"guys the actual forms we are legally required to file are lying, don't listen to them, everything's fine i did nothing wrong"

Dude is probably primarily concerned about the SEC at this point and has a legal team trying to close any potential opening for an investigation to start. He lost some very powerful people a lot of money and did it in a way that made defending him political poison so once an investigation gets rolling he knows he's not going to have any help.

ReidRansom
Oct 25, 2004


Arsenic Lupin posted:

Nest is a footstep into smart-house technology, and they can use the expertise to go bigger. I'm betting that Google voice search steps into the Alexa/Siri "cloud-backed app as a universal controller" space any day. Google also has a massive boner for save-the-earth products.

I've been holding off buying an OnHub until I see where it fits in to all that.

crayon85
Dec 25, 2013
http://www.bbc.co.uk/news/technology-35860814

The British company that 'trumped Apple'.

Josh Lyman
May 24, 2009


crayon85 posted:

http://www.bbc.co.uk/news/technology-35860814

The British company that 'trumped Apple'.
This was a failed idea from the start. There's no reason people wouldn't buy from Amazon instead.

They had mobile payments too? Square and Paypal have you covered there.

Josh Lyman fucked around with this message at 17:53 on Mar 21, 2016

shrike82
Jun 11, 2005

All you need to know about UK unicornland is the nickname for their tech hub "silicon roundabout"

Arsenic Lupin
Apr 12, 2012

This particularly rapid💨 unintelligible 😖patter💁 isn't generally heard🧏‍♂️, and if it is🤔, it doesn't matter💁.


quote:

The Philidor sales transactions in Q4 2014, and the subsequent accounting treatment, was the result of a careful and reasoned accounting decision made by the Company's Corporate Controller based on what she considered to be complete and accurate facts, and I was told by the Corporate Controller that the outside auditors reviewed the transactions in question. The accounting decision was not my decision, but I was advised of the decision and the rationale behind the decision by the Corporate Controller, and I agreed with the decision.

:psyboom: I had no idea what was going on with the head of money, because that had nothing to do with my fiduciary duty.

Shifty Pony
Dec 28, 2004

Up ta somethin'


That reminds me of this Terry Pratchett quote:

quote:

The Grand Trunk’s problems were clearly the result of some mysterious spasm in the universe and had nothing to do with greed, arrogance, and willful stupidity. Oh, the Grand Trunk management had made mistakes—oops, “well-intentioned judgments which, with the benefit of hindsight, might regrettably have been, in some respects, in error”—but these had mostly occurred, it appeared, while correcting “fundamental systemic errors” committed by the previous management. No one was sorry for anything, because no living creature had done anything wrong; bad things had happened by spontaneous generation in some weird, chilly, geometrical otherworld, and “were to be regretted.”

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namaste friends
Sep 18, 2004

by Smythe
http://www.bothsidesofthetable.com/2016/02/14/what-most-people-dont-understand-about-how-startup-companies-are-valued/

quote:

Why Valuations in Recent Years Were Irrational
If you want the real story, here it is.
1. Social networking finally came of age connected the planet and leading to enormous wealth creation for Facebook employees and investors
2. Smart phones finally took off leading to enormous wealth creation for Apple employees and investors but also helped propel Google, Facebook, Twitter, Instagram, Snapchat, WhatsApp and others.
3. The US Fed has in essence held interest rates at zero for years and has undertaken quantitative easing to stimulate the economy. The billions of dollars managed by mutual funds, hedge funds, insurance companies, university endowments, pensions, foundations, sovereign wealth funds and the like need to find returns for their money. “Safe” investments have no yield so they have allocated more money to private markets including the tech markets chasing returns.
As you can see below, investments have skyrocketed – up 300% since 2009.



The vast majority of this recent boom in prices is not being driven by VCs but rather by hedge funds, mutual funds, corporate investors and other sources of non-traditional venture funding. In the chart below you can see that a decade ago for every dollar a VC raised from LPs a dollar went into a startup. Now for every dollar a VC raises $2.50 goes into a startup.



so, lol i guess

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