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Can you ask Hamish if he might do a guest post?
2 weeks, 5 days ago on Follow the photos: The real reason Facebook just paid almost 10% of its market cap for WhatsApp
"The question then becomes, what is the official exchange rate one should use for establishing a “cost basis,” or the starting price used for measuring taxable gains or losses?"
Sorry, but that's not a hard question. You paid for it almost certainly in dollars. That's your cost basis. It doesn't matter what the dollar-BTC rate was at the time.
If you paid in Euro, then all you need to know is the dollar: Euro ratio that day (easy to look up). It makes no difference at all whether 14 different bitcoin exchanges has 14 different rates. You only paid one of those. That's your basis. Shenanigans like trying to cherrypick the best of those won't fly, there's a banking trail on what you paid.
2 months, 2 weeks ago on Bitcoin and the unnecessary ambiguity around taxation
There's a whole lot of inuendo here that comes close to suggesting that the contributor network and the paid-placement stuff are one and the same. They aren't.
There are a lot of contributors. Our quality varies. If we're terrible, no one reads us. If we're good, we have readers. I'm fortunate enough to be in the latter group. I also bend over backwards to maintain a high standard when I'm "doing journalism". But let's be clear, a lot of it is blogging/opinion. That said, so is a lot of Pando. Sarah's piece of Uber wasn't straight up journalism. This piece on Forbes isn't either.
I'm not clear how you can argue readers don't like what Forbes is doing when readers are clearly showing up in record numbers.
2 months, 3 weeks ago on The ouroboros is complete: Forbes outsourced contributor outsources journalism to actual journalists
@nilofer @jason_pontin I'm not sure how the Arrington case and the Ellen Pao case are on remotely the same level. I'm not sure how sexual harassment and (possibly) some physical abuse rises remotely to the level of chopping off the heads of your ex-wife and her boyfriend either.
2 months, 4 weeks ago on John Doerr’s last stand: Can a dramatic shakeup save Kleiner Perkins?
This is a really well done piece, but I wish you'd drop your obsession with who's-whoism. You pay too much attention to the fame of partners, when realistically it has no correlation to the job of being a VC. "...a little-known former member of the Excite@Home mafia named David Sze" "venture up-and-comer Chi-Hua Chien is a stark example... He didn’t have a huge investing or operational track record " In the recommended content below the piece, I see the following, "A16z names its eighth GP and you’ve likely never heard of him" again with the obsession toward fame.
The first two guys bet on the companies others didn't. It doesn't take fame or a track record to do that. It takes savvy, skill and, of course, a bit of luck. The idea that there is some kind of greater success for new VCs associated with being a big-time name flies in the face of what we see. Maybe Reid Hoffman and Marc Andreessen (and Keith Rabois perhaps) ultimately prove that wrong by being the only "newcomers" to make it big in this era. Of course, both were already well known before doing venture. But until then, maybe we can stop damning everyone else.
The only response that would have remotely gotten considering a future rental: "Of course, Carmel, we'll wave all charges on this rental."
They then should've offered you the 25% off on your next one.
To be completely honest, having used FlightCar twice in San Francisco, the operation feels very Mickey Mouse. Your story isn't a little surprising. And the phone call thing has been an issue from the beginning, since the operation is on both coasts. Why they think it's useful to route calls centrally when they are clearly not equipped to deal with it this far in is mind boggling.
3 months, 2 weeks ago on Airport carsharing is cheaper than a rental, but a decidedly un-baller experience
One amazing technique for getting around this "problem" is leaving your perfectly working PS3 plugged in. Fixed.
3 months, 3 weeks ago on Sony’s planned obsolescence: Sour grapes or the bitter taste of change?
"Democrats only gained 5 seats"
A second-term incumbent president gained seats for his party. That was basically unprecedented since the invention of Republicans. I'm not sure how you failed to grasp the historical significance of that.
5 months ago on Conversation @ http://www.newrepublic.com/article/115129/record-gop-unpopularity-party-could-rebound-fast
1) Has zero chance of happening. Facebook couldn't possible this off and it has more robust verification. A tax on just being there? No. A tax to promote, fine.
2) Has zero chance of happening. "Hey, thanks for making us rich, Miley. Now, pay." Miley: "Find me on mileycyrus,com and sign up for my new OpenTalk channel, better than lame-ass Twitter."
3) Everyone always talk about this, but it never happens. You know why? Free services gussied up are something not a lot of people will pay for. In Twitter's case, the user base is smaller than a lot of pundits predicted. Maybe 2-4% of people will pay for SuperTwitter, but even that feels high. At $10/month, divide the potential pay base by 100. More like 100,000 than a million.
4) Near zero percent chance of this happening. The 140-character thing is sacrosanct. Breaking it for money breaks Twitter.
5) Twitter doesn't want third-party apps. Have you not gotten the memo?
6) Seems like "make Twitter better and fun" would be a good thing to just do to get more regular uses. Charging for this is a bad idea.
7) Twitter power users charge for the content that's beyond the tweets, not the tweets themselves. I pay for WSJ, not its Twitter stream.
These are ideas but in the end, not particularly likely money makers. Twitter needs to find ways to push engagement so it can "Facebook" the stream, running an ad every 10-15 tweets that engages users over a huge number of users. That's the size of the opportunity. It's not bigger (save for the data selling).
Premium services of any kind are not happening; the content in Twitter is just not rich enough. Cleverly finding ways to get people to engage with "tab 3", aka Discover, so that can become a hotbed of advertiser instead of the backwater of Twitter is the biggest piece of greenfield. Having Twitter on tablets become "Flipboard-y" based on that is intriguing, but still based on the same ad model, one promoted something every 10-15 pieces of content you've already chosen to have.
5 months ago on 7 ways Twitter could make money (beyond cozying up to TV networks)
How is this "more bad news" for LivingSocial?
LivingSocial is selling off stuff that doesn't make money is good news. Small good news given that LivingSocial also doesn't make money, but it's still good news.
It's bad news for LivingSocial when it finally shuts its doors.
6 months, 4 weeks ago on More bad news for LivingSocial – its big-ticket Korean acquisition is reportedly up for sale
The "no work from home" thing was a modest-sized layoff Sarah. It was a sledgehammer approach where perhaps a scalpel would've done somewhat better, but it was a layoff.
7 months, 2 weeks ago on Baby steps: Mayer’s acquistion spree doesn’t turn Yahoo around, but it starts to solve core problems
"Skeptics looking for nitpicking metrics to suggest signs of weakness were largely out of luck this quarter."
It's pretty easy to nitpick actually. In the year-over-year, desktop ads are DOWN 4% despite a >20% growth in users and the introduction of News Feed ads vs. none a year go. Not to mention Facebook's insistence that the platform is more popular than ever.
Yes, it's more and more mobile. I get it. But once it "matures", ad revenue goes down even with no ad units and that many more users? It would hardly be nitpicking to point out that's ... not... good.
7 months, 2 weeks ago on How Facebook bucked the trend of disappointing earnings
I could scarcely agree with you more....
What an odd cycle... Sony's announcement was bad/weird (I posted same at Forbes)... Microsoft's announcement was cool/amazing... Microsoft starts shooting itself in foot... Then other foot... Then Sony come out and says, "Kumbaya"... And it's game over...
Nice piece summarizing it all Nathaniel.
9 months ago on From jester to savior: How the Xbox One turned the PlayStation 4 into the white knight of console gaming
The person who views this as a "call option on the next Google" needs their accredited investor card revoked.
9 months ago on Why Snapchat’s rumored funding raises the high stakes for LA’s startup ecosystem
Let's agree that California still has some work to do on its budget long term... maybe even a lot of work.
But that said, the idea with Prop 30 -- flawed as it may be -- was a band aid. It's not permanent and voters are not going to re-approve it, nor do I expect they'll be asked. In the meantime, for every anecdote like yours, the startup scene continues to thrive in the Bay Area. And the other place it's doing well is where you are now -- which is the second-highest tax jurisdiction in the nation I believe (thanks to the NYC income tax on top of NYS' fairly substantial tax). So entrepreneurs are flocking to high-tax states / regions.
Maybe tax planning isn't the most important part of deciding where to locate a company?
9 months, 2 weeks ago on California aspires to mediocrity — It’s almost there
@MichaelWolfe ... almost certainly "will never".
10 months, 1 week ago on Is pretty good really good enough for Facebook?
"That said, university professors who teach Coursera courses told the Wall Street Journal in Februarythat they have no plans to award credit to students who complete MOOCs."
While there may not be true college credit at Coursera. there is something that certainly looks a lot like it -- and someone really ought to tell the folks at Coursera this, because I suspect students are seeing it that way right now. For a fee -- you know, actual money, you get to take many courses in "Signature Track", where they spend a great deal of time (and inconvenience I might add) verifying you are you and aren't cheating. When you finish a Signature Track course (again, for which they took your money), they give you a verified certificate of completion.
I understand that isn't true, transferrable college credit, but it resembles it. A lot.
10 months, 3 weeks ago on EXPLAINER: Everything you need to know about MOOCs
How is there tyranny of EPS when Amazon isn't required to show any earnings yet is rewarded with a high valuation?
11 months ago on Amazon and the tyranny of the EPS
"The question is whether or not an approach that failed in clothing can work for computers."
I think what you're missing is that this hasn't failed at JCP. It's barely even rolled out there.
11 months ago on Ron Johnson’s brand-oriented boutiques couldn’t save JC Penney. Is Best Buy any different?
@jessebushkar Good luck with that LivingSocial theory. It's almost certainly worth nothing (not that Groupon is worth legendary amounts, but at least it's in the billions right now).
If anything, it fits the 90-10 theory Andreeseen mentioned.
11 months ago on In Silicon Valley, it’s good to be king