David Semeria › Comments

David Semeria
Re: Where Protocols Come From - http://avc.com/2015...
"There was a time when we defined our company's value proposition in terms of a universal protocol for expressing and aggregating people's opinions expressed in any language. But nobody could understand what we were talking about. So we stopped." - David Semeria
David Semeria
Re: Hack the Environment(al Data) - http://continuations.com/post...
"In which case you must concede that the Earth may be heating up, and so it makes sense to explore all available avenues." - David Semeria
David Semeria
Re: Hack the Environment(al Data) - http://continuations.com/post...
"I don't think this is the type of debate you can win with one data point." - David Semeria
David Semeria
Re: Video Of The Week: My Chat With Jason - http://avc.com/2015...
"It's all relative ;-)" - David Semeria
David Semeria
Re: Video Of The Week: My Chat With Jason - http://avc.com/2015...
"You're upside down on this. People pay attention *precisely* because it's Feynman talking. You don't appear to realize just how smart this guy was. Here's a quick example: he was hopeless at remembering things that didn't interest him and this extended to many mathematical proofs. During lectures, instead of recalling a proof from memory, he would derive it on the fly from first principles. People had dedicated their lives and had won Nobel prized for stuff that Feynman couldn't even be bothered remembering. He was avoided by numerous famous physicists so as not to look stupid beside him. Yet he was very approachable and had a great sense of fun." - David Semeria
David Semeria
Re: Video Of The Week: My Chat With Jason - http://avc.com/2015...
"I believe this short clip of RF talking about a flower is one of the most simple and convincing arguments in favor of studying science. https://www.youtube.com/watch?..." - David Semeria
David Semeria
Re: Video Of The Week: My Chat With Jason - http://avc.com/2015...
"With all due respect, I can't see how you not having heard of him interferes with him being widely regarded as distinguished." - David Semeria
David Semeria
Re: Video Of The Week: My Chat With Jason - http://avc.com/2015...
"You're in very distinguished company on that one Fred. https://www.youtube.com/watch?..." - David Semeria
David Semeria
Re: Numbers Can Ruin A Good Story - http://avc.com/2015...
"Agreed, especially during product development. But you often need capital to get the numbers to get the A round. I'm talking from experience here, and I think there's a big gap in the market for these "mezzanine" situations." - David Semeria
David Semeria
Re: Numbers Can Ruin A Good Story - http://avc.com/2015...
"Not always Fred. Especially if less means less than you actually need." - David Semeria
David Semeria
Re: Wishing for an Interactive Math, Programming & Physics Learning Environment - http://continuations.com/post...
"This reminds me of an undergraduate interview I had in 1985. The department head asked me why I wanted to study computing, and I answered: modelling. I went on to describe my fascination with virtual worlds in which the laws of physics could be modeled and tweaked. I talked about a very simple "world" I had created using 6809 assembler (with crude but actually quite responsive video output). All this to say that I totally understand totally where you're from. My kids are Minecraft fanatics but I must say I'm very disappointed with the physics in the game. I would have definitely expected that someone would have created my vision of the virtual world by now, replete with "proper" friction, inelastic collisions and, dare I say it, wind resistance. When people ask me what I want to do when I retire, I answer that I'm going to pick up a project I first started working on 50 years ago..." - David Semeria
David Semeria
Re: Guest Post: Beware The Post Money Trap - http://avc.com/2015...
"Albert's point is that since it gets added to the pre-money valuation, the extra cash could make raising future rounds at higher valuations harder, and you're saying that having cash reserves is always useful if the funding environment gets tough. The key element missing from the discussion is: what happens to the cash? In other words what ROI does it generate between the A and B rounds. Let's take your example, where we've raised an "extra" $5mm. Now let's assume 3 scenarios: 1. The $5mm is pissed away with a failed marketing campaign 2. The $5mm is stashed in the bank 3. The $5mm is employed with a 20% per year ROI In scenario 1 Albert wins: the money is gone, there's nothing to show for it -- apart from the higher A round post-money valuation it generated. In scenario 2 it's a draw. For the B round, the higher valuation is perfectly offset by the cash in the bank. Scenario 3 is the interesting one. The $5mm is now worth a lot more than the $5mm sitting in the bank. All else being..." - David Semeria
David Semeria
Re: Back To Android - http://avc.com/2015...
"I carry one of those retractable cables in my jacket pocket, it's about the size of a USB stick. The problem then reduces to finding a free USB port..." - David Semeria
David Semeria
Re: Back To Android - http://avc.com/2015...
"There's really no such thing as an iPhone charger, it's the cable that counts. And since Android uses micro USB (the industry standard) I would argue that's it easier to find a Android cable than an iPhone one." - David Semeria
David Semeria
Re: Valuations: Public and Private Markets Misleading Each Other? - http://continuations.com/post...
"I'm not going to opine about whether we're in a bubble or not. A more interesting question in my view is "does it matter?" I remember many years ago reading a book about Warren Buffet where he was quoted as saying some like: I look forward to market crashes because it allows me to buy great companies at great prices. At first I thought it didn't make any sense, because as the principle shareholder in Hathaway he would have been instantly much poorer after a crash. But as I learned more about the man I could see it made perfect sense: it's all about the long game. Which gets me back to my question. VCs are definitely in for the long haul (10 year fund life) and most entrepreneurs also claim to be, so wouldn't a market downturn simply shake out the pretenders on both sides of the fence?" - David Semeria
David Semeria
Re: Valuations: Public and Private Markets Misleading Each Other? - http://continuations.com/post...
"Re rolling put options, do you know about David Pinsen's Porfolio Armor? If I'm not mistaken that's exactly the use case the site/app was built for." - David Semeria
David Semeria
Re: The Blockchain Market Map - http://avc.com/2015...
"In Europe we're told American's are encouraged to vent -- like a pressure valve, the steam is released; equilibriums are restored. It's now big over here, too. Did I miss a memo? Should I stop venting? After years of non- venting (British upbringing) I was getting to like it. I'm confused now (that's not a vent)" - David Semeria
David Semeria
Re: A Note On Anonymous, Pseudonymous, Guest, and Regular Commenters - http://avc.com/2015...
"Hmm, this comment thread gives a whole new meaning to Rick Rolling..." - David Semeria
David Semeria
Re: Video Of The Week: Alexis Ohanian Visits WattPad - http://avc.com/2015...
"I must say posting on AVC is not what is used to be. I suppose it's unreasonable of me to expect things not to change." - David Semeria
David Semeria
Re: Video Of The Week: Alexis Ohanian Visits WattPad - http://avc.com/2015...
"That was a very slickly produced video -- which makes the 24 minutes so much easier to bear.. Not too sure about the free for always model. I really thought Aime St were on to something before they got bought: start off free, but the cost rises in line with the aggregate consumption. The real cost (at least for me) in consuming content is wasting time on rubbish -- which basically boils down to the cost of discovery. People don't talk so much about discovery these days, but it fits in well with USV's thesis regarding the impact of software on labor. Let people with more time on their hands discover content and then allow busy people to repay them for this work. For example: allow wattpad readers to invest $1000 virtual dollars a year in writers they like. Then allow them a share of the (real) dollars which would flow from an Aime St model." - David Semeria
David Semeria
Re: FCC Votes to Keep Internet Access Open for Innovation - http://continuations.com/post...
"The road is long, with many a winding turn..." - David Semeria
David Semeria
Re: How Much is Enough by Robert and Edward Sidelsky (Book Review) - http://continuations.com/post...
"It wouldn't be worth putting it up. Unfortunately none of the financial companies in London I contacted at the time would agree to meet with me. Fortunately, the examiners didn't hold that against me." - David Semeria
David Semeria
Re: How Much is Enough by Robert and Edward Sidelsky (Book Review) - http://continuations.com/post...
"Well that's a coincidence. I wrote my Master's thesis (in 1989) on the role of electronic systems in the crash of 87." - David Semeria
David Semeria
Re: Is This A Good Startup Idea? - http://avc.com/2015...
"I was in the process of writing a world-changing comment when I got distracted by this video of an orchestra playing The Can Can -- with a TODDLER on drums. I suppose world changing will have to wait 'till tomorrow. https://www.youtube.com/watch?..." - David Semeria
David Semeria
Re: Building A Diverse Culture And Team - http://avc.com/2015...
"Why?" - David Semeria
David Semeria
Re: Building A Diverse Culture And Team - http://avc.com/2015...
"Yup, team photo = vanity diversity" - David Semeria
David Semeria
Re: Reblog: VC Cliché of the Week - http://avc.com/2015...
"ISIS don't have nukes, Putin does." - David Semeria
David Semeria
"I still think there is a lot of win in the idea." - David Semeria
David Semeria
"Wow this reminds me of @terrycojones' Fluid Info - a publicly writable datastore controlled by nobody. Terry was definitely ahead of his time!" - David Semeria
David Semeria
Re: Video Of The Week: The Obama Re/Code Interview - http://avc.com/2015...
"Such a thoughtful man. You can see him trying to give as straight as possible answers, within the confines of what he can reveal. Not your average president or politician." - David Semeria
Other ways to read this feed:Feed readerFacebook