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Re: Founders Circle - http://avc.com/2014...
"I think the key point is to offer the same terms to all shareholders. As as seed investor I would be unhappy to see founders taking money off the table before me. If, on the other hand, I was extended the same terms (pro rata of course) then I can have no compliants." - David Semeria
Re: Founders Circle - http://avc.com/2014...
"Aren't we all supposed to go to the pay window together?" - David Semeria
Re: The Cost Of Loyalty - http://avc.com/2014...
"You seem to know what you're talking about. Where do you see similar dynamics in the taxi business? For example, what's analogous to index size? Driver inventory, perhaps? What are other factors that would diminish the benefits of aggregation? UX perhaps?" - David Semeria
Re: The Cost Of Loyalty - http://avc.com/2014...
"Thanks. What you're basically saying is that if any one service gets good enough, the benefits of aggregation diminish. Correct?" - David Semeria
Re: The Cost Of Loyalty - http://avc.com/2014...
"And you'd be 100% right Arnold. Instead of "fair" I should have said "legal". I don't know if the allegations are true and, even if they were, whether they could be construed as anti-competitive. What the BBC article demonstrates, if nothing else, is what's at stake in a market with such huge global potential." - David Semeria
Re: The Cost Of Loyalty - http://avc.com/2014...
"In other words, a land grab. Which is ok, as long as they play fair" - David Semeria
Re: The Cost Of Loyalty - http://avc.com/2014...
"I used the same argument 15 years ago to argue that Google would not dominate search because aggregators had emerged that displayed the top results from all the leading search engines. Why I asked, would you use a single search engine when an aggregator would give more complete results? As we know, it didn't play out like that. I'm wondering why this time it would be different?" - David Semeria
Re: Feature Friday: Etsy In Real Life - http://avc.com/2014...
"I really like the "full circle" process: RW -> Web -> RW. I think we're going to see a lot more of this, and it dovetails very well with you software disrupting markets investment theme." - David Semeria
Re: The Second Coming Of Sign In With Twitter - http://avc.com/2014...
"Bang on London boy. That's exactly the issue. Fooled me once, etc" - David Semeria
Re: The Second Coming Of Sign In With Twitter - http://avc.com/2014...
"But I assume there must still be a password, otherwise anybody could sign with a given number..." - David Semeria
Re: Changing Society, Startups, (My)Self - http://continuations.com/post...
"But surely the how is less relevant than the fact that you can. Either you accept that once I communicate your choice your free will magically disappears, or you accept that by changing your mind you simply create a different future. I will read up David Deutsch now." - David Semeria
Re: Changing Society, Startups, (My)Self - http://continuations.com/post...
"I'm sorry Albert, but like I said, you've got me thinking. Let's assume you have a choice between A and B and that the world is 100% deterministic which means I could in theory predict your choice and tell you what you're going to choose. But at that point what's to stop you changing your mind?" - David Semeria
Re: Changing Society, Startups, (My)Self - http://continuations.com/post...
"Well you can't change past choices, but those in the present and future remain rational choices made by you -- and they will take into account any desire to change. Look at it this way: your free will is hard coded into your life path. I'll stop now. It's been enlightening." - David Semeria
Re: Changing Society, Startups, (My)Self - http://continuations.com/post...
"What I'm trying to say is that in a completely deterministic world your decisions may well be hard coded -- I find that term more useful than "predetermined" -- but they're still your choices, because your brain arrived at them through a deterministic cognitive process based on the available inputs. True, you can't change those choices. But why would you want to?" - David Semeria
Re: Changing Society, Startups, (My)Self - http://continuations.com/post...
"If nothing else you've got me thinking Albert. You're saying that I'm not really free to choose between information A and B because the choice is already hard coded into my life path. But that doesn't leave much scope for rationality. What if we assumed that given such a choice I would always make the most rational decision? My life path now is simply the most rational path out of the world of all possible life paths (to paraphrase Pangloss). Put in other words, perhaps you wouldn't want your life path to be any different than it is?" - David Semeria
Re: Changing Society, Startups, (My)Self - http://continuations.com/post...
"I suppose the debate hinges on the nature of determinism in our lives. I can accept that given the same inputs our brains will produce the same outputs, but I cannot accept that we have no control of the inputs." - David Semeria
Re: Changing Society, Startups, (My)Self - http://continuations.com/post...
"I don't see any tension between a person's ability to change and the notion of free will. You seem to frame free will in terms of determinism: given the same input, a person will generate the same output, rinse and repeat. But free will is nothing more than a person's ability to control their own thoughts and actions. The fact that this process may or may not be deterministic I find irrelevant. The key point is that we are free to seek out new information*, and since our opinions and actions are a function of our accumulated experience, we must therefore be able to "change" whenever we see fit. I suspect the issues you are facing are more to with determinism in general. If you take the laws of physics to their logical conclusion, then our lives are (at the minimum probabilistically) preordained. But as I mentioned above, there is no conflict between free will and determinism. You're still in control of your own life. It just means that if you lived your life again, you'd do the same..." - David Semeria
"Hi Jerry, I think the real question is how deep do the values go? I've met quite a lot of people who were model citizens when the sun was shining but when their back was against the wall, the facade fell quickly away. It's the difference between surface and substance, and -- in my humble opinion -- it's the true measure of a man (or woman)." - David Semeria
Top of the todo list tomorrow: write a Scala class loader. What happened to the f*cking jet packs?
Re: Fearful Friday: When Will This Bull Market End? - http://avc.com/2014...
"You probably meant "shirt", but in this context "shit" works too ;-)" - David Semeria
Re: Paul Graham Dropping Serious Wisdom - http://avc.com/2014...
"Total truth" - David Semeria
Re: Paul Graham Dropping Serious Wisdom - http://avc.com/2014...
"Top quote: ...and you prosper only to the extent you do Or as I tweeted a while back: Riffing on Descartes: it's used therefore it is" - David Semeria
Re: Good morning New York! - http://awaldstein.tumblr.com/post...
"Attaboy!" - David Semeria
Re: Good morning New York! - http://awaldstein.tumblr.com/post...
"Very nice!" - David Semeria
Re: Fred Wilson Dot VC - http://fredwilson.vc/post...
"Then find the middle ground. There's always a solution. Well played Fred." - David Semeria
Re: The Next Big Thing? (Techonomy Detroit) - http://continuations.com/post...
"That was fantastic Albert! I disagree with many of your assertions (mainly in degree, not direction) but you deserve much credit for stimulating the debate in such a structured and logical manner. I also loved the choice of images in the presentation." - David Semeria
Re: Fred Wilson Dot VC - http://fredwilson.vc/post...
"Can't help thinking you're glad to be back in NYC. This is why I think you're unlikely to retire soon. Even if you did, I don't think it would last long. Some people are lucky enough to love their work...." - David Semeria
Re: The Bitcoin Hype Cycle - http://avc.com/2014...
"What do they *want* or what do they *think*. Now, there's a question..." - David Semeria
Re: Audio Books – Late To The Party - http://avc.com/2014...
"If had a long drive with just my wife, I'd go for War and Peace." - David Semeria
Super interesting talk regarding A/B testing at Etsy http://mcfunley.com/data-dr... cc @awaldstein @fredwilson
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