Apparently Canada’s bottom 10% have a better quality of life than the average OECD top 10%. Most notably, they are nearly equal in quality of life to France’s top 10%. You would think that would give people pause before complaining about Canada’s challenges? But alas, lack of perspective… source: Economist Daily Chart - the examined life
It’s inevitable that as e-commerce steals share from traditional retail, Amazon will pass Wal-Mart as the US’s biggest retailer.Andy Dunn, CEO of Bonobos
I feel sorry for Peter Thiel. Did he really want flying cars? Flying cars are not a very efficient way to move things from one point to another. On the other hand, 20 years ago we had the idea that information could become available at your fingertips. We got that done.Bill Gates, in an interview with Wired magazine’s Steven Levy
Will ownership turn out to be largely a hack people resorted to before they had the infrastructure to manage sharing properly?Paul Graham
Wiley and the dissent claim that a nongeographical interpretation will make it difficult, perhaps impossible, for publishers (and other copyright holders) to divide foreign and domestic markets. We concede that is so. A publisher may find it more difficult to charge different prices for the same book in different geographic markets. But we do not see how these facts help Wiley, for we can find no basic principle of copyright law that suggests that publishers are especially entitled to such rights.US Supreme Court smackdown on textbook publishers. Just because you are profiting from a business model does not mean you can legal enforce said business model.
1. Amazon is driving margins to zero for other ecommerce retailers.
2. Retailers are forced to make their money in other ways. Big one is on-site ads.
3. Brands are embracing on-site advertising because they control the merchandising on the retailers site via the ad units. They keep clawing back margin, but give it back as advertising revenue.
Note: this applies to retailers that carry other brands.
No single person has had more impact on the creation and financing of tech startups than PG. Period. The YCombinator revolution emancipated the engineering class from servitude to MBA overlords, demystified the art of company-founding, and made huge leaps toward democratizing access to capital. I could go on, but we all already know how lucky we are to have Paul.Chris Sacca on Paul Graham
Ben Horowitz of Andreessen-Horowitz, speaking at Startup School 2012
“When I met Michael Jackson, I had just watched a movie called the Wiz, where MJ plays the Scarecrow. He does this incredibly awesome spin move on the yellow brick road. I said Michael that was the coolest dance moves I’ve ever seen. He said, ‘Actually, it was harder than it looks, I was spinning backwards up a hill.’
What I learned from MJ was this: no matter how hard it looks, it’s even harder to actually do.”