Jan 312017
 

LibreTaxi – free and open source Uber/Lyft alternative.:

“LibreTaxi

Free and open source alternative to Uber/Lyft connecting passengers and drivers.”

 

*This is going to be hard. 

Jan 312017
 

A 24-year-old made $345,000 by beating Kickstarters to market:

“You can talk to economists that are 60-years-old and they’ll tell you, ‘Oh, yeah, if you open up a business you should aim to be profitable within 18 months,” says Jack. ‘None of that is relevant anymore. You can be profitable within four days.”

*The Internet enables ideas and dreams to take hold. Competition, no holds barred, can come from anywhere.

Jan 312017
 

The Upstarts Audiobook | Brad Stone | Audible.com:

“The Upstarts: How Uber, Airbnb, and the Killer Companies of the New Silicon Valley Are Changing the World

Written by: Brad Stone

Narrated by: Dean Temple

Length: 10 hrs and 42 mins 

Unabridged Audiobook

Release Date:01-31-17

Publisher: Hachette Audio”

*Looking forward to listening to this book.

Jan 312017
 

Uber Partners With Daimler in a Step Toward a Driverless Future – The New York Times:

“The ride-hailing company announced on Tuesday a partnership with Daimler, under which the German automaker plans to build autonomous vehicles that will operate on Uber’s transportation network.

The move marks the first time a major automaker will provide its own self-driving vehicles — built entirely in-house and without Uber’s help — specifically to operate on the ride-hailing company’s network.”

*Autonomous cars are coming. 

Jan 022017
 

Automakers Prepare for an America That’s Over the Whole Car Thing – The New York Times:

“General Motors and its partner, Lyft, an Uber rival, are about to begin testing a fleet of self-driving cars ferrying passengers short distances in Detroit and other cities. Uber already has similar trials underway in Pittsburgh and has just expanded its tests to San Francisco. Next year, Delphi Automotive expects to have self-driving Audis providing rides to mass transit stations in a section of Singapore.”

(Via.)

 

*The future is coming. 

Nov 292016
 

Hundreds of ultrafast, high-powered charging stations planned for electric cars in Europe

BMW AG, Daimler AG and Volkswagen AG said Tuesday they plan to build together with Ford Motor Co. a network of hundreds of ultrafast, high-powered charging stations for electric cars in Europe.

That’s a good start on standardization and providing customer comfort in buying vehicles that require a way to refuel (electric charging) that is different and currently less available and more unknown.

Nov 272016
 

Below are links to three C-SPAN Q & A podcasts that are helpful in understanding the past presidential election. They are listed in the order I listened to them. You could probably listen in whatever order you wish. 

 

J.D. Vance

Author J.D. Vance discusses his memoir, [Hillbilly Elegy], about growing up in a poor, white family that has its roots in Appalachia.

 

David Cay Johnston

Author and columnist David Cay Johnston talks about this book, [The Making of Donald Trump], in which he takes a critical look at the 2016 Republican presidential nominee.

 

Nancy Isenberg

Historian Nancy Isenberg talks about her book, [White Trash], which examines the history of the class system in the United States.

Nov 272016
 

Drug price increases will likely bring more regulation in the future. In the short run that is probably not the case. The balance of power in Washington can change very quickly. 

 

Drugmakers Find Competition Doesn’t Keep a Lid on Prices

*Link may be behind the Wall Street Journal paywall. Try pasting the title in a Google Search

http://www.wsj.com/articles/drugmakers-find-competition-doesnt-keep-a-lid-on-prices-1480248003

 

“The two companies, though rivals, followed a common industry practice: raising prices almost in lockstep.”

 

““You’re not rewarded for having a low price and for the most part, the market doesn’t punish a high price,” says Mick Kolassa”

 

“The freedom to raise, rather than slash, prices in the face of competition is a big reason why U.S. prescription-drug spending has surged by close to 10% on average annually in recent years to $310 billion in 2015”

 

“Tandem drug-price increases for other ailments have prompted lawmakers to call for investigations into potential collusion.”

 

“Tandem increases can be perfectly legal, so long as companies don’t confer with each other, says Herbert Hovenkamp”

 

“In compliance training, companies tell employees not to discuss pricing with rivals. But when it comes to drugs, list prices are public.”

 

““Any profit-optimizing company is going to want to get as much price as they can get,””

 

 

 

Oct 112016
 

Suster on the role of Entrepreneurs and VC’s. 

Entrepreneurs are supposed to have insights that others don’t have and we’re supposed to be good judges about which entrepreneurs and executives have both the most clever ideas and the right skill sets to do transformational things against all odds.