Sign in or Join FriendFeed
FriendFeed is the easiest way to share online. Learn more »

David Semeria › Comments

David Semeria
Re: Health Care’s Inflection Point - http://avc.com/2014...
"That, as you know, is the (temporary) price one sometimes has to pay for being disciplined." - David Semeria
David Semeria
Re: Health Care’s Inflection Point - http://avc.com/2014...
"Rigor on investment thesis and rigor on price. It's remarkable how many professional investors have neither." - David Semeria
David Semeria
Re: Fun Friday: What Sports Team Would You Buy If You Could? - http://avc.com/2014...
"The Mighty Red Machine -- Liverpool Football Club" - David Semeria
David Semeria
Re: Grading Colleges? - http://avc.com/2014...
"A democratic society rests on the concept of voting our politicians. A meritocratic society is simply an extension of this idea. Good service needs to rise to the top and bad service needs to fall away. And not just universities. Post offices, banks, plumbers, you name it. I've dedicated my last three years to making this happen in a clear and open way." - David Semeria
David Semeria
Re: Passing It Down - http://avc.com/2014...
"Thanks LE. The problem is not the playing, it's the building. It took me all of Saturday to build the bloody plane, but then they spent most of Sunday playing with it. I guess they're a bit spoilt (they've got several helicopters like the one in your picture, for example)." - David Semeria
David Semeria
Re: Passing It Down - http://avc.com/2014...
"It's more of a question of attention spans: they seem decrease with every generation. Mine was a lot shorter than my father's and my kids are no different." - David Semeria
David Semeria
Re: Passing It Down - http://avc.com/2014...
"Duplicate" - David Semeria
David Semeria
Re: Passing It Down - http://avc.com/2014...
"Um, my weekend project with my boys (9 & 11) was to build this Lego plane. As usual they were in a mad rush to get it finished but I tried to explain that if you don't get the gears and cogs just right, it won't work and we'd have to dismantle it to fix it. So slow and careful was best... Yeah right. After 10 minutes they got bored and went back the instant gratification of games on their Nexus 7s. Made me think: I would have killed for a plane like that at their age...." - David Semeria
David Semeria
Re: Feature Friday: Tablet Stand - http://avc.com/2014...
"This one also looks very cool" - David Semeria
David Semeria
Re: Feature Friday: Tablet Stand - http://avc.com/2014...
"That's pretty cool..." - David Semeria
David Semeria
Re: Information Capital (in the 21st Century) - http://continuations.com/post...
"I'm guessing that's the disadvantage of replying by email -- you don't get to see the edits to the comment you're replying to. You definitely have a point though. Need to think more about this." - David Semeria
David Semeria
Re: Information Capital (in the 21st Century) - http://continuations.com/post...
"Albert, you know I'm a fan -- so please take any objections as constructive. That said, it's still not clear to me how pre-orders on Kickstater or Indiegogo cannot be viewed as capital. A web service can interpret its new orders as both information or increased working capital. But so could Henry Ford in 1903." - David Semeria
David Semeria
Re: Information Capital (in the 21st Century) - http://continuations.com/post...
"Whilst it's true that Albert is (very laudably) iterating his thinking on these issues in public, you still make a killer point. There is a fundamental tension between information being commercially useful and it being widespread -- as any insider trader will confirm. It's not clear from Albert's post whether he's measuring the "value" of information in corporate terms or social ones. The post begins with clear "factors of production" overtones, but then ends on a social note. If we're talking about predominantly non-public information (and I don't think we are) then nothing really changes -- whoever has an information advantage has a competitive advantage: same now as it ever was (cf. high-frequency trading). If, on the other hand, the information is predominantly public then clearly there is no advantage to having access to it. In this case Albert's concept of "non-rivalry" stands, but it is the ability to process the information (both in terms of knowledge and resources) that..." - David Semeria
David Semeria
Re: Options and Offer Letters - http://avc.com/2014...
"And I wouldn't hire someone who wouldn't want to work for a CEO who doesn't already know something so basic." - David Semeria
David Semeria
"Pope said thanks for the message. He added that he always tells Texans to be patient with the BBQ. "Put the meat high up and cook it slowly" were his exact words." - David Semeria
David Semeria
"Good stuff BRC. Vision is shared piecemeal with the team on a need-to-know basis. Mission is painted on the stable door in big red letters." - David Semeria
David Semeria
"Hi Mark. Yes, that's what certificates are for." - David Semeria
David Semeria
"And then there are those texts that are unintelligible even after decryption ;-)" - David Semeria
David Semeria
"The big breakthrough came with the invention of asymmetric (or public key) cryptography (link). To communicate securely, both parties needed to know a "shared secret" which is used to encrypt the messages. This raised the paradoxical question of "how do I securely communicate a shared secret with somebody over an unsecure network?" Asymmetric cryptography is the answer, and it's actually very easy to understand. I send you a small metal box which contains an open padlock. You put the secret to be shared inside the box and then close it with the padlock and sent the box back to me. Since I'm the only person with the key to the padlock, only I can see inside the box. Voilà! We have managed to securely share a secret over an unsecure network. In this analogy, the metal box is the public key and the padlock key is the private key. This is why exposing your private key (or having it cracked) is such a big deal. If that happens anyone can look inside the box. Once the shared secret is..." - David Semeria
David Semeria
"Good work Albert. Apart from the donations = surrogate_of_votes issue which you have already addressed in the comments, I don't have any nitpicks. Keep these posts coming..." - David Semeria
David Semeria
Re: Fun Friday: Hangover Cures - http://avc.com/2014...
"Morning, Bruce!" - David Semeria
David Semeria
Re: Fun Friday: Hangover Cures - http://avc.com/2014...
"Well that's a practical solution, Liad." - David Semeria
David Semeria
Re: Fun Friday: Hangover Cures - http://avc.com/2014...
"Party animal" - David Semeria
David Semeria
Re: Fun Friday: Hangover Cures - http://avc.com/2014...
"In times like these a stiff Bloody Mary is the only cure. Fight fire with fire." - David Semeria
David Semeria
Re: The Mobile Downturn - http://avc.com/2014...
"What makes it inherently harder to innovate? Two things: - The low hanging fruit has already been picked (apart from games) - The "rich-get-richer" dynamic mentioned by Chris, making it harder for new entrants to get a toe-hold in native apps." - David Semeria
David Semeria
Re: The Mobile Downturn - http://avc.com/2014...
"The winner will be the one which comes up with an consistent and intuitive framework for presenting the information. People will not want to learn a new interface for each city app -- they will want everything to be in the same place. I believe this is the key reason why Facebook beat my MySpace." - David Semeria
David Semeria
Re: The Mobile Downturn - http://avc.com/2014...
"I would hate to be in a startup whose objective was to either be on the mobile home page or be an "always open" tab in the browser. I think there is more chance of winning the lottery than achieving these goals today. I believe it has less to do with the html / native divide on mobile and more to do with the fact that it's getting ever more difficult to come up with genuinely innovative consumer facing solutions. However, I see massive value in "horizontal" apps. The two key features about smartphones is that they are geo-aware and inherently personal. I firmly believe we will see the rise of "city apps" where users can find highly personalized content within a geographic boundary. Public transport info, show times, new exhibitions, restaurant reviews, etc, etc. I don't know whether this will happen at the app or OS level, but the key point is that in the future it won't be so much about functionality per se, but how that functionality is organized." - David Semeria
David Semeria
Re: Video Of The Week: Gary Vaynerchuck - http://avc.com/2014...
"Keynote bubble Arnold?" - David Semeria
David Semeria
Re: Video Of The Week: Gary Vaynerchuck - http://avc.com/2014...
"I really liked Gary's comments on how patience is so underrated in the industry. Similar to Fred's observations on companies like Return Path. FWIW, I believe the "throw it at the wall and see if it sticks" school of business has a lot to answer for. If you don't think it'll stick, don't throw it -- especially on someone else's dime." - David Semeria
David Semeria
Re: What’s Ahead: The Information Age Transition - http://continuations.com/post...
"Yes but it would still be a human reading the x-ray image. The ability to transfer large amounts of information merely increases the mobility of labour (the mountain can now come to Muhammad). I see no fundamental difference between this situation and offshore call centres, for example. The real question is: to what extent can machines *replace* humans?" - David Semeria
Other ways to read this feed:Feed readerFacebook