southerndrift

Joined 8 years ago

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313
Submissions
187
Member since
May 20
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Comment · 7 years ago
>I don’t understand why it’s encouraged (in some companies) to discuss politics at work in a way that leads to internal issues. Purely from a commercial stance, team cohesion has a positive impact on people and product. Why do anything to disturb that?

Fail early. You can achieve cohesion by letting go of everybody who cannot discuss politics in a civilized manner. Then you can be sure that the remaining team can discuss anything without any problems.

On the other hand, is it cohesion when the team is held together by outer influences?

Comment · 7 years ago
Comment · 7 years ago
Hasn't Maxwell not mentioned Maxwell's equations when giving a speech about the state of the art of science? If a great scientist can be unsure about a theory, it's not surprising that an average reviewer can be, too.
Comment · 7 years ago
How else can facebook prevent people from moving on to wechat with its internal payment system? Why should people stick to facebook if wechat can offer a whole bunch of services that need (micro) transactions?
Comment · 7 years ago
That's the opposite. The soldiers make it work for the general whereas the German word would be used if it works 'in general' but doesn't when it's demonstrated to the general during an inspection.
Comment · 7 years ago
Why not both: do the live demo but have some slides prepared just in case.
Comment · 7 years ago
Where do you get a $1/month VPS?
Comment · 7 years ago
Why would a diesel generator put them on equal levels? Even if you assume that an electric engine has 100% efficiency, you lose energy because

* per amount of energy, batteries are heavier than gasoline tanks so accelerating needs more energy

* charging batteries is not 100% efficient

Is that all balanced by the generator operating at optimal conditions?

Comment · 7 years ago
Comment · 7 years ago
I am not asking what happens if I short shares but if I lend to others my shares. If the broker cannot buy those shares back, I face the risk of losing them, don't I?

So I am wondering: does using those brokers come with the risk that I end up owning nothing if I pick a very successful stock?

Comment · 7 years ago
But the broker doesn't necessarily lend out the shares to his own clients. And even if he does, how does he get back the shares from the person who went long? The broker will have to buy other shares. But if the price of those shares is exploding, who is willing to sell them?
Comment · 7 years ago
Does this mean that using those brokers means that I 'nakedly' own those shares? I.e. if I actually pick a successful share and the price explodes, the shorter or the broker cannot buy it back and I end up owning nothing?

With all the people shorting Tesla, who will own Tesla if Tesla succeeds and the price explodes?

Comment · 7 years ago
The limit of the airline metaphor is that uber doesn't have to own the fleet. The fight is in subsidizing rides, like with lift. Then comes softbank and they pick the winner because they have the deepest pockets. Who would go up against those pockets but a bigger player? And then, uber can offer them shares and the fight is over and uber keeps on winning.

Regarding the price checkking: it's one thing to compare ride prices if you fly once a month but it is something else if you buy a ride 5 times a day. Like businesses buying flights from one supplier, consumers will buy rides from one app.

Uber will be profitable once nobody is willing to burn more money. That day will come sooner than later.

Uber has thought this through because their name is not lift, but uber.

Comment · 7 years ago
The airline argument is quite convincing.

How about the frequency and the fair price? It's worthwhile to compare airline rates. It's more difficult for in-app uber purchases that are more frequent for less money. Will people compare rates? Especially if rates are not cheaper elsewhere? The biggest network will have the best cost structure.

Uber can keep other companies alive by slightly rising their prices. So no monopoly problem but nobody who has the money to innovate. Then they have the money for the most advanced technology and by adjusting their prices they decide how big their market share is.

Comment · 7 years ago
Nothing is stopping you. But will you retain your market if you are not the biggest network? You need deep enough pockets to get 50% of the market or Uber will get its share back once you try to be profitable since they can leverage their scale.

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