Is there actually any difference? The species look indistiguishable to me.
I keep wondering how many times this has to happen before there starts being funding for modest, realistic internet business plans that aren't soaked in buzzwords and amygdala-damage levels of exuberance. But the answer is probably never. The capital is apparently only interested in a 1% chance to make a billion dollars in five years, not a 70% chance to make 10 million dollars in ten years. And if you do the math, that's actually perfectly rational. But it certainly generates spectacular amount of idiocy for something rational.
I didn't realize that there wasn't even a web page coming up at cuil.com now. My, that certainly didn't go well.
I don't think there is a difference... just like before, people are coming up with shiny solutions to problems which didn't actually exist before the technology existed to create the solution, and then they're wowing VC gamblers into giving them shitloads of cash with the hope they can get enough traction to sell out and retire young.
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I keep wondering how many times this has to happen before there starts being funding for modest, realistic internet business plans that aren't soaked in buzzwords and amygdala-damage levels of exuberance. But the answer is probably never. The capital is apparently only interested in a 1% chance to make a billion dollars in five years, not a 70% chance to make 10 million dollars in ten years. And if you do the math, that's actually perfectly rational. But it certainly generates spectacular amount of idiocy for something rational.
I didn't realize that there wasn't even a web page coming up at cuil.com now. My, that certainly didn't go well.
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Which I admit, as a career goal, has appeal.
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