Imagine if you could use these in casinos as an obvious disruptive high margin use case for the niche individual...
While considering the comments from fashion week, the potential is greater for multiple industries vs the historical desktop/pocket utility to develop on top of, moreover, the advantage can support beyond just hackers who can leverage opensource/SDK/APIs. I think the utility alluded to has game changing potential if big g plays the edge instead of the core competency.
This isn't the only disruptive horse running, though...
Just to weigh in since I wrote the original blog entry. I wasn't suggesting my own earnings were capped.
I was merely situating a story where I did not have academic support to move forward with a project that was relevant to the real world.
The earning cap statement has more to do with the relationship between professors and the companies that hire students from their schools. This becomes even more problematic since many firms do not hire candidates without specific academic pedigree.
Also, there were many cases where students preferred to do what the professor thought was most insightful compared to pursuing their own interest, since they wanted to secure their professor's recommendation.
This post was not a complaint about my situation. It's pointing out a harmful circumstance that could occur.
> The earning cap statement has more to do with the relationship between professors and the companies that hire students from their schools. This becomes even more problematic since many firms do not hire candidates without specific academic pedigree.
Again, it's scary that you think that that's a "cap".
> Also, there were many cases where students preferred to do what the professor thought was most insightful compared to pursuing their own interest, since they wanted to secure their professor's recommendation.
We want to add one more hacker to our pre-launch team.
We're expecting to release our early access and close funding (from a top tier NYC VC) both within a two month time frame.
Familiarity with the django framework and mobile platforms help. Off-site work is fine to start, but you need to be from the NYC area for team meetings (or willing to relocate).
One of Sam Walton's 5 children was a VC in solar energy before he passed away young, another owns Arvest Bank, and another is still running Walmart...
I also bet a majority of their wealth is still in that stock, as major sell-offs of insider holdings suggests a company may not continue to produce growing profits - which hasn't been the case. However, I'm sure some still have quite a bit with extremely capable money managers.
I would not call that wealth stagnating in the least bit.
I don't know how accurately their wealth is measured, but hiding a billion is not that easy so I will assume it's reasonably close. Anyway, ((15.7 / 15.3) ^ (1/15)) - 1 = 0.17% per year difference in wealth generation and spending per year for 5 people.
I expect they are all playing around with side investments of one sort or another, but they have had plenty of dividends to work with and little to show for it. It's not that I think the government would do all that much better, rather taxing society more to help maintain such wealth has zero benefit from what I can see.
I was testing this last night... The twitter search was interesting because after your first query, it dynamically updates a display with how many new results would be added if you refreshed the search. The trend for swine flu kept rapidly mounting.
I could see this alarming the average person especially if Twitter was to distinguish their brand as the ubiquitous "realtime" search.
How active is BR Ventures up in Ithaca for seeding new startups? I know they are connected with Cornell - maybe they could help you.
Anyway, I'm a recent grad and my partner is graduating in spring 09. We are starting something up in NYC. We may be looking to add one more guys on the technical side. Shoot me an email if you want to talk (address in profile). I was personally in a similar boat as yourself.
Well, entrepreneurs are creating additional job opportunities for the economy at large. So if the tax cut creates a more favorable environment for entrepreneurship, there will be more entrepreneurs, and then more jobs should be available. Doesn't seem like the tax payers (who I assume you mean those whose majority of earnings are taxed under income tax rates) are really loosing out when they have more opportunity and a wider job selection.
"Slightly less basic economics states that when a market becomes commoditized, its complements should raise in expected returns."
Good post - I see a big opportunity emerging for those who can figure out better ways to enable sophisticated use for and make sense of multiple databases.
While considering the comments from fashion week, the potential is greater for multiple industries vs the historical desktop/pocket utility to develop on top of, moreover, the advantage can support beyond just hackers who can leverage opensource/SDK/APIs. I think the utility alluded to has game changing potential if big g plays the edge instead of the core competency.
This isn't the only disruptive horse running, though...