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rscott posted:Considering that a lot of the money they are throwing around came from QE, in a way it is taxpayer's money Would you mind talking through your thought process here
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May 13, 2016 21:46
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I'm actually fairly certain that the eye thing is plastic surgery, she looks like she's had some work done. It's not a gendered thing, Elon Musk has pretty clearly had plastic surgery as well.
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May 13, 2016 22:34
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silence_kit posted:I don't know the numbers, but I'd be shocked if startups were a big enough portion of the economy to strongly affect the entire economy. When it comes to research it isn't easy to say which is the most "economically efficient" activity. This is one of the problems when it comes to funding research in basically anything. You can't know the results ahead of time, you can't know the future applications, and you can't even really know if the research will succeed. That's why it's research. It pushes the boundaries of our understanding of how poo poo works as far as we can tell. If nothing else humans are naturally just plain curious. We want to know what's behind the next mystery and what's behind the mystery after that. Plus the science budget from the federal government is pretty small. Like single digits percentage. Pure academic science is also overall cheaper than these crazy VC-backed startups and doesn't have the expectation that at least one of them vomits billions of dollars. It's more like "hello there, College University! Here is a few million dollars in yearly budget money do some research, make some science happen, and let us know what you come up with." These startups are "well see we have this idea and we swear it'll have a 100:1 return on investment, we just need $10,000,000 to buy a lot of fancy chairs, a ping pong table, and pay for catering to get the best programming talent."
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May 13, 2016 22:36
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silence_kit posted:Venture capital isn't even taxpayer money, so it doesn't necessarily have to be your money that they are gambling with. Obviously there is a lot of stupid stuff and dumb ideas in startups to make fun of, but I think a lot of the hostility in the thread towards them is just culture warfare. VC money gambling on unicorns is the best transfer of wealth from the superrich dynasties to the merely affluent young white male
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May 13, 2016 22:41
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Gail Wynand posted:I'm actually fairly certain that the eye thing is plastic surgery, she looks like she's had some work done. could this also account for her speaking voice sounding like Bill S. Preston, Esquire
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May 13, 2016 22:42
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quote:When it comes to startups it isn't easy to say which is the most "economically efficient" activity.
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May 13, 2016 22:56
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H.P. Hovercraft posted:could this also account for her speaking voice sounding like Bill S. Preston, Esquire Edit: I don't think Holmes is trans, just pointing out evidence that the technology isn't there yet.
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May 13, 2016 23:14
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Gail Wynand posted:I'm actually fairly certain that the eye thing is plastic surgery, she looks like she's had some work done. People get plastic surgery on their retinas now? I would have assumed it was the lights of the camera reflected in her eyes being wide open. I've seen it in model pictures, photographers used to edit it out now they enhance it to give a halo effect. That or she has those contact lenses with built in highlights.
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May 14, 2016 00:02
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H.P. Hovercraft posted:VC money gambling on unicorns is the best transfer of wealth from the superrich dynasties to the merely affluent young white male Very true. I would argue that for most people the impact a tech crash will have will be depend by upon what new thing catches the eye of the people in charge of aiming the firehose of money that was getting sprayed on app startups. I have no idea what it would be though, nearly every asset class is already disturbingly overpriced.
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May 14, 2016 00:02
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Marenghi posted:People get plastic surgery on their retinas now? It's called a ring light.
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May 14, 2016 00:04
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silence_kit posted:Venture capital isn't even taxpayer money, so it doesn't necessarily have to be your money that they are gambling with. Obviously there is a lot of stupid stuff and dumb ideas in startups to make fun of, but I think a lot of the hostility in the thread towards them is just culture warfare. rscott posted:Considering that a lot of the money they are throwing around came from QE, in a way it is taxpayer's money mike- posted:Would you mind talking through your thought process here Hope no one minds if I take a stab at it. Im not sure if this is it but: -govt bails out banks with taxpayer $$ so banks keep functioning, -banks have to put money somewhere where it gets a decent return in a bad economy, -banks invest in VC funds hoping that at least one 'unicorn' will make the failures worth it. If the banks hadn't been bailed out, maybe the economy could have settled down and bigmoney investors could have learned to live with more sustainable growth. Is that how the reasoning goes? Re: culture war, if this is correct (I'm not an expert in any of these things, I just read the threads) then companies like Uber and ABnB particularly are taking VC money and lobbying to change public safety laws so they can turn their bad investments into possibly good ones. They pretend like they were just on their merry way to be profitable when suddenly they 'discover' regulations, when really the whole time any real profits came from shortcutting those regulations. And everyone is always supposed to believe they just didn't know, and it was just an honest mistake and not a cynical calculation made from the start. Things like lobbying towards independent contractors being the standard state for employment, and against public safety regulations, are "culture warfare".
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May 14, 2016 00:07
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Marenghi posted:People get plastic surgery on their retinas now? Eyelid folding, it's incredibly common in Asia. Her eyes have that crazy wide open look in every pic I've seen including more candid ones.
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May 14, 2016 01:06
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crusader_complex posted:Re: culture war, if this is correct (I'm not an expert in any of these things, I just read the threads) then companies like Uber and ABnB particularly are taking VC money and lobbying to change public safety laws so they can turn their bad investments into possibly good ones. They pretend like they were just on their merry way to be profitable when suddenly they 'discover' regulations, when really the whole time any real profits came from shortcutting those regulations. And everyone is always supposed to believe they just didn't know, and it was just an honest mistake and not a cynical calculation made from the start. Of course what's also bullshit is if it was just an honest mistake that's a reason for them to get lesser fines or even a complete waiver and either A.) Wind down, the illegal part of their operation -and if that makes them unprofitable close up shop. It's not society's job to subsidize speculation. B.) Comply. Neither of which are what these companies are doing.
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May 14, 2016 01:10
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H.P. Hovercraft posted:sure elizabeth holmes dresses like she's trying to build a cult of personality and has the crazy eyes but if you're jonesing to be outraged at someone based on criticism about her being a woman then just listen to her voice What in the gently caress, i feel like i'm in the uncanny valley watching this.
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May 14, 2016 01:25
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Don't make fun of her behind her back, she'll manipulate the lot of us to break free from her holding lab
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May 14, 2016 02:10
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crusader_complex posted:Hope no one minds if I take a stab at it. have you actually thought about what would have happened if the banks hadn't been bailed out. hint: The Great Recession wouldn't be spelled with an "r"
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May 14, 2016 02:10
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The Geat Ecession
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May 14, 2016 02:15
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E-cession sounds like a good name for an app.
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May 14, 2016 02:25
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crusader_complex posted:Re: culture war, if this is correct (I'm not an expert in any of these things, I just read the threads) then companies like Uber and ABnB particularly are taking VC money and lobbying to change public safety laws so they can turn their bad investments into possibly good ones. They pretend like they were just on their merry way to be profitable when suddenly they 'discover' regulations, when really the whole time any real profits came from shortcutting those regulations. And everyone is always supposed to believe they just didn't know, and it was just an honest mistake and not a cynical calculation made from the start. As someone who works in a small, young-ish (10 years or so) company in a totally different field: it is a mix of knowing the regulations and not caring, knowing the regulations and thinking they don't technically apply because they aren't really an X and being totally ignorant of the regulation because no one has physically stopped them yet, so it must be OK. I guess the proportions are 9/1/90.
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May 14, 2016 02:55
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OwlFancier posted:E-cession sounds like a good name for an app. "Are you tired of having to call your lawyer and have them send a physical Cease and Desist letter? Angry at how much you pay them to send one over email? Well, the answer to your prayers is nigh: E-cession. Two taps on your mobile phone, and your IP is saved!"
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May 14, 2016 03:00
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I was thinking it could be an app to facilitate the procurement of bailout funds during economic downturns. I'm sure there would be a thriving marketplace of governments willing to bail out startups. Why do we tolerate a state monopoly on bailouts? Surely allowing anyone or any state to bail out an industry would only increase effectiveness.
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May 14, 2016 03:57
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Absurd Alhazred posted:"Are you tired of having to call your lawyer and have them send a physical Cease and Desist letter? Angry at how much you pay them to send one over email? Well, the answer to your prayers is nigh: E-cession. Two taps on your mobile phone, and your IP is saved!" sEcessn - Obama!!!??!?! In my bathroom? No! Now the app that allows you to leave the Union using the conveniece of your smartphone. You'll be whistling Dixie in no time.
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May 14, 2016 09:03
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Pochoclo posted:Can't blame people for their voice but jesus christ that's a whole lot of stupid bullshit she's spouting. If I said like a hundredth of that poo poo in a job interview I'd get a boot up my rear end, why do rich people think it's a good idea to give lots of money to people like this? Because she comes from wealth.
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May 14, 2016 09:28
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A big flaming stink posted:have you actually thought about what would have happened if the banks hadn't been bailed out. Its dumb to make fun of someone for things they cannot control. Holmes says enough stupid, hilarious things that her ideas are more than enough ammo for years of ridicule. H.P. Hovercraft posted:VC money gambling on unicorns is the best transfer of wealth from the superrich dynasties to the merely affluent young white male
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May 14, 2016 16:39
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Pochoclo posted:Can't blame people for their voice but jesus christ that's a whole lot of stupid bullshit she's spouting. If I said like a hundredth of that poo poo in a job interview I'd get a boot up my rear end, why do rich people think it's a good idea to give lots of money to people like this? Wealthy. Grew up wealthy. Everyone loves sucking on wealthy dick. Mr. Mad Money is sucking her dick right there. Rich people get to go on TV and get their dicks sucked. They just word vomit because no one is listening anyway; too busy suckin' on that dick.
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May 14, 2016 20:01
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How does mad money man still have a show after that daily show evisceration
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May 14, 2016 20:30
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Seriously, after the bullshit cramer pulled for bear stearns, i'm shocked he has lasted another 8 years.
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May 14, 2016 20:38
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Cultural Imperial posted:Seriously, after the bullshit cramer pulled for bear stearns, i'm shocked he has lasted another 8 years. CNBC literally exists as a gigantic 24/7 machine to try and pump the market (particularly mutual funds). They are paid handsomely for their service with a ridiculous amount of mutual fund advertisements. Cramer is the best pumper in the business, and he could basically be convicted of securities fraud and CNBC would try to find a way to tape his show from prison.
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May 14, 2016 21:05
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Like he'd go to prison.
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May 14, 2016 22:11
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I just happened to surf into acronym/isaora/rancourt websites and they're all using something called "Affirm" which is some sort of monthly installment purchasing service. Holy poo poo gently caress this economy and gently caress you if you use this.
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May 14, 2016 22:45
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Cultural Imperial posted:I just happened to surf into acronym/isaora/rancourt websites and they're all using something called "Affirm" which is some sort of monthly installment purchasing service. Holy poo poo gently caress this economy and gently caress you if you use this. Can you give a bit more context there? What are they buying and how are installment payments bad?
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May 14, 2016 23:31
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RandomPauI posted:Can you give a bit more context there? What are they buying and how are installment payments bad? The sites I mentioned sell overpriced men's clothing.  http://shoppingkim.com/online-stores-that-accept-affirm-to-buy-now-pay-later/ In other words, if your disposable income is low, you can always disrupt your consumption by borrowing to buy whatever dumb poo poo you don't need.
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May 14, 2016 23:37
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Someone should make a Silicon valley startup game based on the model of Tropico. Use a convincing collection of ping pong tables, Restoration Hardware furniture, and 40-trying-to-look-20 year old employees to convince VCs to endlessly send you piles of money to be funneled off to an account in the Caymans.
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May 15, 2016 00:06
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Cultural Imperial posted:The sites I mentioned sell overpriced men's clothing. Isn't that what a credit card does?
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May 15, 2016 00:07
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Adventure Pigeon posted:Someone should make a Silicon valley startup game based on the model of Tropico. Use a convincing collection of ping pong tables, Restoration Hardware furniture, and 40-trying-to-look-20 year old employees to convince VCs to endlessly send you piles of money to be funneled off to an account in the Caymans. Puerto Rico already exists.
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May 15, 2016 00:17
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nachos posted:Isn't that what a credit card does?  The description of 95% of the products/services of startups could basically be followed by the question "Isn't that what <XXXXX> already does though?".
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May 15, 2016 00:40
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Cultural Imperial posted:The sites I mentioned sell overpriced men's clothing. Rates from 10-30%.  nachos posted:Isn't that what a credit card does? Well yeah basically. It's taking the already very scummy 'no questions asked' style of credit card businesses and making it even easier to make poor impulse buying decisions. But services like these have already been around for years so I'm not sure how this is new in any way.
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May 15, 2016 07:12
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Cultural Imperial posted:The sites I mentioned sell overpriced men's clothing. So do you think they know that wetwork is a euphemism for paid murder?
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May 15, 2016 08:05
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paragon1 posted:So do you think they know that wetwork is a euphemism for paid murder? Well, the jackets are reminiscent of that one scene in American Psycho...
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May 15, 2016 08:20
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I like that they're called Tech Shells.
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May 15, 2016 13:05
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I CANNOT EJACULATE WITHOUT SEEING NATIVE AMERICANS BRUTALISED!