Oct 142015
 

Venture Capital and the Internet’s Impact – Stratechery by Ben Thompson:

“The new competition amongst startups is about scaling and marketing and sales, all of which are expensive and require expenditures months or years ahead of expected profits, which is exactly what venture capital makes possible.”

*This is part of why there are huge valuations on seemingly profitless startups. VC investments are like rocket fuel. Not all crafts (investements/startups …) will make escape velocity and have a successful trip.

Oct 042015
 

Google’s Cute Cars And The Ugly End Of Driving – BuzzFeed News:

“Self-driving cars — especially if they are operated as fleets and you only use one when you need it, summoning it Uber-style — would mean we could have fewer vehicles per person, less traffic congestion, less pollution, far fewer vehicles produced per year (thus lowering the environmental impact of production), and, best of all, safer streets.”

*Self-driving cars are poised to usher in massive changes to society.