dawernik

The applications here could be very interesting as you could accomplish something and simply perish. snapchat for the physical world.

There should be other ways to leverage connections/network other than having to dilute ownership. That may be the most imbalanced transaction around.

I also reject that things like electronic trading for the masses are bad because the general public has bad investors. That's like saying online fraud should determine my access to ecommerce.

In many ways, platforms will help validate concepts through user participation... And the community can validate credibility. I don't just think this is a dumb money thing, I think investors will have advantages they've also never had. The bottom line is both sides of the market will get a clear benefit.

This article isn't really getting top tier investor opinions, but my assumption is that they are taking crowdfunding quite seriously. To not consider it disruptive to more formal capital would be incredibly out of character with smart money - considering they look for these very opportunities to invest. My guess is that the smart angels/VCs will try to leverage the smart platforms or create them themselves.

10 years from now, few people will seek 'traditional' financing suppliers as capital is about to get real efficient real quick. Bottom line is, this will be excellent for businesses of all shapes and sizes.

want to be popular? Be good looking.

Come on. Not about suppressing your hobby, it's about not being identified solely with it.

That's the stuff you pull out after you get married. Then it eventually ends up in a small closet about 5 years later. Ultimately, it ends up being what you have around you as you get old again. Life's funny that way.

Yep, enough money for two attorneys oughta do it. Although i have to admit, i would love to have that title 'The Mark Cuban Chair to Eliminate Stupid Patents'.

It would be equally fascinating to look at all the incredibly well designed launches that failed miserably. This is a great reminder that if you solve a big problem or have unique content, people will crawl through sewage to get to it, but if you build an amazing empty container, it will die a slow death.

Love the slides, they don't even need a soundtrack. Was going to leave a FU comment, but it was too obvious.

I'm in a BigCo and every time we acquire a LittleCo I get massive culture envy. I think you nailed how great product happens.

Very true. If you add the words twitter, peak performance, and about 500 words - that thought could be published.

Should you be continually trying to beat your personal best or raising your trough performance level. What's a better approach in the long game of life?

I worked in finance and left when I realized that the people who were successful in finance were typically salespeople. Not necessarily by title, but more by action. It's bizarre how little the industry actually manages itself through data. We all know that a good index fund is going to beat the average hedge fund, but there is something so sexy about investing in a hedge fund. We all know that making 25% annually isn't realistic, but oh to make 25% annually and be able to tell your friends. It's all sales.

When I was 25 I swore it off. I was too young to sell versus build. But the cash was good.

Point is, time to deliver will matter... And stop doing the inconsequential many... How can anyone argue against that? Wonder when the first big reorg/cut happens, that will be when you get a true sense of where they are going.

Amazon without all the fulfillment overhead and all the event driven and social context. First pass was virtual gifts right? This is physical. Interesting, but needs some major fortitude.