interesting_att
Joined 12 years ago
Joined 12 years ago
I knew Fahim personally. I know people who spoke to him the day of about this very issue, so I have some information that most people don't. I absolutely do not believe this kid did it.
Fahim was well liked in Nigeria but he was disrupting a dangerous market.
It absolutely was due to his work in Nigeria.
Advertise the fact that AirBnB lets racial discrimination go unabated, unlike the hotel industry which is regulated for this. Younger, more liberal minded individuals will be less likely to use AirBnBs.
But this would never impress investors who are looking for insane returns. As a result, they're taking everyone down with them.
We're now seeing the downsides of their thesis. Workday's market cap has since cratered, down 33% in the past year, indicating a weakening interest in the enterprise IPO market. Zenefits itself has a number of growing concerns- regulatory and competition concerns (ADP is only getting better by the day).
i) Some of us didn't go on welfare to our detriment. Not eating = decreased ability to be a productive citizen.
ii) Some of us had to 'over-sell' to others and to ourselves our disabilities, out of the fear that we would be denied access to these services or be accused that we were gaming the system. The effects of overselling these disabilities were devastating on one's mental health.
Having a shame-free way of getting welfare could be a great thing.
Point is: If you're a ad-supported mobile app, can purchase users at an ROI+ rate, and know how to iterate productively, it sounds like you have weathered the storm. Mobile ad-supported companies will stay around (though they may trim workforces to ensure long-term viability).
A more interesting argument that PG could have made is that it is theoretically possible to have inherent wealth inequality in the system without negative results. At this point, I see very few believe that it is even possible.
Weird how a company can experience NEGATIVE growth for something like browsers and search