onwardly

Joined 16 years ago

Karma
636
Submissions
129
Member since
Jun 22
Founder & CEO of TripLingo
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Recent submissions

Comment · 4 years ago
I imagine that is a short term problem.
Comment · 5 years ago
Ouch. I literally did this. Built a site to buy/sell textbooks. Moved abroad, learned the language. Built a business to teach travelers the local lingo. 10 years later, it was acquired (at a loss). Currently on (9).
Comment · 5 years ago
Comment · 7 years ago
They just changed that in response to the backlash of the article from the NYT.
Comment · 8 years ago
When buying a wedding domain, you can buy domains like .party and .dance, which adds a nice touch I think.
Comment · 9 years ago
The loans don't actually come from the school- they are often government-sponsored, though those typically cap out at $12k a year or something. The rest you have to get through private loans, and the school has no way to forgive them- unless they want to write a check to my loan provider.
Comment · 9 years ago
Because they still want people that can afford to pay $50k/year to pay it. Lowering tuition lowers it for everyone. If your parents make $300k+/year, then you'll still be paying full tuition. But as their income is lower, currently you'll get some need-based financial aid. The problem is that this aid is a combination of "scholarship" and "loans". The goal here is to remove the loan component.

The problem still is that middle-class families get stuck in a gray zone. I went to Brown, and my parents made enough (~$110k) that I didn't get financial aid but they also couldn't pay $40k/year.

Comment · 9 years ago
Funny comment from the blog post:

"I've been using vim for 10 years. I never could figure out how to quit."

Comment · 9 years ago
Comment · 9 years ago
My company has been a partner of Concur for several years, starting back in 2012 when the original founders (Steve, Raj and Mike) were all still there.

Steve was easily the most-respected leader in the travel industry- even people that disliked Concur admired Steve. He was articulate, created a clear vision for Concur that they maintained even as they grew like wildfire, and he inspired trust and goodwill with Concur partners.

I get the "oh no, SAP executive" instinctual reaction, but Steve is clearly an entrepreneur at heart and considers himself an entrepreneur (it took them 20 years of grinding and ups and downs to build Concur what it is today).

There was also a comment about him leading the company to exit in 2-3 years. I seriously doubt it. Concur's stock symbol is CNQR which isn't a coincidence. They didn't build Concur to sell it, they built it to conquer, which they had basically done when SAP bought them. Plus after 20 years I imagine $8B sounded pretty good, but I don't think their approach was ever to try to "flip" the company and I doubt he would join Docker if that was the intention in any way.

Comment · 11 years ago
Comment · 11 years ago
Comment · 11 years ago
Another reason is that playing DraftKings or FanDuel does actually make watching football more interesting- you care about games you otherwise wouldn't care about. Many people will happily continue to lose $10/week for the benefit of enjoying watching the NFL more.

Online poker isn't as fun when you're consistently losing money- there's no "outside" benefit.

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