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douchebagbrainwaves · 3 years

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DOES THIS SOUND FAMILIAR

It will, ordinarily, enjoy doing. An essay has to come up with the numbers. A company that could pay all its employees so straightforwardly would be enormously successful. People like baseball more than poetry, so baseball players make more than poets. As a little piece of debris, the rational thing for you to look at the people who've made beautiful things seem to have been two ways of thinking about programming. They can't hire smart people anymore, but they weren't crazy. The word startup dates from the 1960s, but what new forms will appear. Ordinary programmers working in typical office conditions never enter this mode. If companies stuck to their initial plans, Microsoft would still have signed the deal. For example, if an investor wants to buy half your company for something that more than doubles the company's average outcome, you're net ahead.

The world then was divided into two groups, grownups and kids. VC put it: I'm not hard to find. In some cases you literally train your body. Some investors might expect the founders to accept vesting—to surrender their stock and earn it back over the next 4-5 years. Most people who write about art history don't really like art; you can tell, the concept of exit strategy. If so, your old tastes were not merely different, but worse. And you know what? Materially and socially, technology seems to be c, that people will create a lot of the best programmers don't always have the whole program in your head: don't get your hopes up. It was a killing machine. For illustrative purposes I've left the abandoned branch as a footnote. It's hard to find successful adults now who don't claim to have been nerds in high school.

Your mother at this point; those millions must be put to work, just as pop songs are designed to prevent what programmers strive for. Why was the cat at the vet's office? As they were used then, these words all seemed to believe implicitly that work was not fun. In fact, most people who got rich by creating wealth. Unfair, they cry, when one sibling gets more than another. That is one of them: he wanted to have a general idea of the direction I want to get it from someone else. To someone in school now, that may seem an odd question to ask. That's a stricter standard than admiration. But the most unrealistic thing about the real world, nerds collect in certain places and form their own societies where intelligence is the most recent of many people to ask why Twitter is such a good deal of overlap between them. They think that there is a qualitative difference between Silicon Valley and other places. In theory.

In writing you find symmetry at every level, from the one publishers currently inhabit. Few legal documents are created from scratch. Surprising, isn't it, that voters' opinions on the issues, leaving the election to be decided by the one factor they can't control: charisma. The most recent counterexample appears to be 1968, when Nixon beat the more charismatic Hubert Humphrey. No one I knew did it, but what I really mean here is that teenagers are always on duty as conformists. More information, in fact; with their technical depth, the acquirers should be better at picking winners than VCs. His class was a constant topic among the smarter kids. You'll end up doing something chosen for you by your level of commitment. Similarly, in painting, a still life of a few extra checks that might be easy for General Electric to bear are enough to prevent younger companies from being public at all.

But they are not the root cause of variation in income, but it was damned close. There are more digressions at the start of a project, you're forced to see everything. Of course, all other things often are not equal: the able person may not care about money will ordinarily do better to go off and work with a small group of peers. I never felt that in Boston. A big company is probably getting a bad deal, because his work seemed happier. So it was left to the Europeans to explore and eventually to dominate the seas of the Far East. It's probably too much to hope any company could avoid being damaged by depending on a bogus source of revenue, you're probably not doing anything new, except the names and places, in most news about things going wrong. I'd heard Steve Jobs had cancer. For example, if you did somehow accumulate a fortune was to steal it, we tend to find great disparities of wealth alarming is that for most of human history the usual way to accumulate a fortune was to steal it: in pastoral societies by cattle raiding; in agricultural societies by appropriating others' estates in times of war, and taxing them in times of war, and taxing them in times of war, and taxing them in times of war, and taxing them in times of war, and taxing them in times of peace. 8 unvested option pool 264 13.

Don't let a ruling class of warriors and politicians squash the entrepreneurs. My whole world was no bigger than a few friends' houses I bicycled to and some woods I ran around in. The average parents of a 14 year old girl would hate the idea of depending on individual genius, it's a sign of how much programmers like to be able to enjoy them in peace. You have to do is not to save them from being disappointed when things fall through. I've found that whenever I've been able to undo a lie I was told, a lot of people at Apple seem to be a time when you have your code in your head as you become more eminent, gradually to increase the parts of your job that you like at the expense of those you don't. These heaps o' boilerplate are a problem for small startups, because they treat this as evidence of laziness. That was probably the best way to get paid for doing work you love; it must be work. 4%. Just as you're getting settled, you're slammed back in your seat by the acceleration. Perhaps the most important reader. It's hard for us would be impossible for our competitors. Like open source hackers, bloggers compete with people working for love often surpass those working for money.

Good ones, anyway. They were effectively a component supplier. You remember: topic sentence, introductory paragraph, supporting paragraphs, conclusion. This is not just that I accumulated all this useless stuff, but that the best suppliers won't even sell to you, the more stuff they seem to be disappointments early on, to seek jobs that let you do many different things, so you start to design things. If your friends or family happen to be good-looking, natural athletes, or siblings of popular kids, they'll tend to become nerds. This is not just that he'd be annoying, but that a they aren't told about it, and the things they tell us. As in families, relations between founders and investors can be complicated. Startups are right to be paranoid, but they seem quicker to learn some lessons than others. We were supposed to read Hugo's Les Miserables. The angel agrees to invest at a pre-money valuation of $1 million to a 20% chance of $10 million, even though theoretically the second is worth twice as much. Writing doesn't just communicate ideas; it generates them. Fashions and flourishes get knocked aside by the difficult business of solving the problem at all.

They don't change the laws of physics. Throw away a perfectly good rotary telephone? Tip: avoid any field whose practitioners say this. In doing so you create wealth. Indeed, the biggest danger of consulting may be that it gives your mind something to chew on: when your eyes are looking at something, your hand will do more interesting work. And the harder a scene is to parse, the less sense it makes for everyone to get the same price. Students learn better when they're interested in what they're doing they'll start sniffing around for angel investors right away. At one extreme is the sort of deadlock that happens when investors all wait to see who else is investing? If they aren't an X, why do you need to write anything, though?

Thanks to Neil Rimer, Peter Norvig, Robert Morris, Bob van der Zwaan essay, and Benedict Evans for their feedback on these thoughts.

#automatically generated text #Markov chains #Paul Graham #Python #Patrick Mooney #issues #forms #groups #Apple #Zwaan #times #things #suppliers #idea #van

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biofunmy · 5 years

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Old Friends and Family Recipes Fuel a Real Madrid Prodigy

MADRID — With two diamond studs sparkling in his ears, Vinícius José Paixão de Oliveira Júnior strolled through the front door of the gated villa he calls home after a day of training at Real Madrid.

Within minutes, he and his two closest friends from Brazil had fired up the FIFA video game in the living room to begin a daily ritual: the usual marathon session that seems to only pause for meal times.

“What a header,” one of the friends yelled as the digitized version of Vinícius leapt into the air and buried a shot past the goalkeeper. Vinícius, 19, raised his head from the massage table to see the action unfold on a 65-inch television, and then let his attention drift back to his phone as his personal physiotherapist continued to work on his legs.

Subscribe to Rory Smith’s weekly newsletter on world soccer, delivered every Friday.

This villa, in one of Madrid’s most exclusive neighborhoods, has the air of a teenage boy’s paradise. In addition to its enormous television, there are electric scooters, a driving seat for a motor racing game and table tennis and pool tables. The items are there to distract as much as entertain: Vinícius’s status as the next great star of Real Madrid means he rarely ventures out in public anymore. There are strict rules for his friends, too. No nights out when Vinícius is at home.

“It’s not fair if we go out and he has to stay in,” said one of them, Luiz Felipe Menegate. “We know we’re here for him to succeed.”

“Just like always,” Vinícius said with a grin.

In some ways, he is correct. Even if he were not one of the sport’s brightest young prospects, Vinícius probably would be spending his days talking soccer in the company of Menegate and another boyhood friend, Wesley Menezes, or digging into plates of black beans, rice and sirloin prepared by a favorite aunt. But in so many other ways — not just the toy-filled villa, but the multimillion-dollar salary and the attention and expectation that come with being one of the most valuable teenagers on earth — Vinícius Júnior now inhabits an entirely new world.

In April, he and his team invited The New York Times into that world, offering a rare glimpse into the care and the planning and, yes, the comforts that can help a talented young player navigate the warp-speed transformation from prospect to pro.

In Vinícius’s case, the change of venue alone has been remarkable.

Only a few years ago, Vinícius, a skillful and speedy wing, was living in a cramped room with more than a half-dozen family members in a Rio de Janeiro municipality notorious for violent crime and crippling poverty. Then, in May 2017, Real Madrid agreed to pay the Rio de Janeiro club Flamengo 45 million euros (just over $50 million) for the rights to the teenage forward. In an instant, before he had kicked a ball as a professional, Vinícius became the most expensive teenage export in Brazilian soccer history.

The record-breaking fee made Vinícius, then only 16, an instant millionaire. But it also kick-started the effort to make his journey from Rio to Europe as seamless as possible. That is why Menegate and Menezes are here, along with his aunt and nearly a dozen other family members, all of them living inside the two-story villa behind the tall gates, the ferns and the evergreens of La Moraleja, an enclave for Madrid’s rich and powerful.

It is the dream of every young Brazilian boy who plays soccer to land with a club like Real Madrid, a team of superstars that has won more international titles than any other club. Vinícius’s journey, though, represents something far different than the usual favela-to-riches story: It also captures the fevered, high-risk game Real Madrid plays to try to maintain its excellence, the ease with which top clubs can bid up the value (and the expectations) for an unproven player, and one family’s efforts to try to maintain just the slightest bit of normalcy amid that storm.

“I don’t really feel pressure,” Vinícius said in April. “I just focus on enjoying myself on the pitch.”

Much of that, he said, is because of what is in place inside the villa in La Moraleja, away from the prying eyes of fans and reporters, and a universe removed from his childhood.

Even by the standards of São Gonçalo, the bayside city of about 330,000 near Rio that is blighted by poverty and crime, the Paixão de Oliveira family had it hard. Vinícius’s father had to take work in a neighboring state to support his family, installing wiring for cable and internet firms. Often that was not enough.

When he was 6, Vinícius, who according to family members showed glimpses of talent soon after learning to walk, signed up for soccer training with a local school run by Carlos Eduardo Abrantes, known to everyone as Cacau. The school is one of scores affiliated with Flamengo, and that meant Cacau also shared in the riches of Vinícius’s transfer to Madrid. “It was a good amount,” he said, without revealing an exact figure.

Cacau said Vinícius’s family often could not afford to pay the monthly fees to keep him in training, and often did not have enough to eat. He said he and his wife, Valeria, would sometimes help by allowing him to skip a payment, or by giving Vinícius something to eat. “He was very needy,” Cacau recalled on a blisteringly hot February afternoon. Nearby, a group of boys trained on his facility’s single artificial turf field. Vinícius, in the form of two billboards, watched over them.

By the time Vinícius was 10, Flamengo had signed him to its school, located on the other side of the city. At 12, Vinícius moved in with his uncle Ulysses, whose home was closer to Flamengo’s training complex, avoiding a commute to training that sometimes stretched to three hours.

By the time he was 14, Vinícius’s rare talent was clear. He was one of the best players in Rio, and soon a star on national teams for his age group. It was then that TFM, one of Brazil’s soccer agencies, started to manage his career, taking the place of a previous agent and providing support that allowed his father to return home to his family and focus on Vinícius’ ascent.

TFM bet on his promise and started investing in Vinícius, persuading the family to let it represent the talented youngster. The informal arrangement carried risks for the firm because in Brazil players cannot sign with agents until they are 18.

“It is a gentleman’s agreement, and many times that agreement isn’t respected by the parents, and he’s free to change his mind,” said Frederico Pena, the agent who runs TFM.

TFM helped Vinícius’ family rent an apartment closer to Flamengo’s training center and paid for him to attend two high-performance facilities in the United States that are used by professional sports franchises. Such was the speed of Vinícius’ rise that a planned third visit had to be scrapped: He had been promoted to Flamengo’s first team.

When Vinícius was honored as the best player and top scorer for Brazil’s championship team at a South American under-17 championship in early 2017, the performance led to one of the most remarkable transfer battles in recent soccer history. Real Madrid and Barcelona, bitter rivals on and off the field in Spain, each decided it wanted Vinícius — a teenager who still had not made his professional debut for Flamengo — at almost any price.

Barcelona opened the bidding at 10 million euros and an option to match any offer from a rival club. Real Madrid topped the bid. Back and forth it went until the price hit 45 million euros.

At that point, Pena said, Real Madrid’s chief executive, José Ángel Sánchez, told Vinícius’ representatives that the club would pull out of the race to sign Kylian Mbappé, the French teenage sensation then starring for Monaco, if Vinícius would commit.

“We realized they really wanted him because they’re comparing him, without playing a professional game, with a player killing it at a top European level,” Pena said, remembering how he laughed at the time, unsure whether Sánchez meant what he was saying.

The deal was quietly completed in early 2017. Vinícius, still only 16, would be richer than he had ever dreamed. Months later, he would make his professional debut for Flamengo at Rio’s famed Maracanã stadium, and then announce his pending move to Spain. Just over a year later, in July 2018, the now-18-year-old Vinícius and his entourage landed in Madrid for the first time.

As they waited to enter the auditorium where the Spanish news media had gathered to get a first look at Real Madrid’s latest big-money signing, Menegate teased Vinícius about the formal clothes they had been ordered to wear. Vinícius, dressed in a dark tailored suit, laughed that his friend was only angry because he did not look as sharp. The jokes flowed until Menegate suddenly shot his buddy a look.

“Can you believe all this?” he asked.

“No,” Vinícius replied. “I’ll only believe it when I get on the field.”

Vinícius returned to Brazil to close out the season with Flamengo, and he and his family members, for whom the days of hardship were now over, tried to play down their new status. They moved into a better house and bought a new car — one Vinícius’ managers insisted had to be bulletproof — but otherwise kept a low profile.

“A lot of times they said, ‘Let’s pretend we don’t have this money so we don’t do something stupid,’” Pena said.

The transition to Europe has not always been easy. The battle for a regular place in the Real Madrid lineup is not for the meek, and even the biggest signings, and the brightest prospects, quickly fall out of favor with fans and the news media. But at least that quest, which continues Friday when Real Madrid plays Atlético Madrid at MetLife Stadium in New Jersey, is within Vinícius Júnior’s control; the friends and family members who have uprooted their lives to support him already have surrendered part of their own identities to help him flourish. Menegate acknowledged as much one afternoon as he waited for his friend to return from training.

“I know that we are not just Menegate and Wesley anymore because people now just see us as the two guys who live with Vinícius,” he said.

Still, the attempts at normalcy continue. His aunt Vanessa, who is part of the entourage, cooks every meal for the household, and the menu rarely changes: rice, beans and protein, staples of family meals throughout Brazil. Most days, the family gathers at the table a couple of hours before dinner; they wash down slices of a cornmeal cake, known as bolo de fubá, with sweet Brazilian coffee as pagode music blares from a living room speaker. Except for the fact the group is sitting in a home whose previous occupant was the chief executive of one of Spain’s largest retailers, the scene could be one set back in the cramped apartment in São Gonçalo, family and friends enjoying one another’s company, discussing soccer and the quality of aunt Vanessa’s cooking.

The next day, Vinícius will return to training. The club will focus on his development. The agents will focus on his millions. The family members and the old friends will offer their company. The auntie will prepare more beans and rice.

“My dad says, ‘Just focus on the pitch,’” Vinícius Júnior said. “‘You don’t have any problem off the pitch.’”

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reneeacaseyfl · 5 years

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Old Friends and Family Recipes Fuel a Real Madrid Prodigy

Subscribe to Rory Smith’s weekly newsletter on world soccer, delivered every Friday.

“It’s not fair if we go out and he has to stay in,” said one of them, Luiz Felipe Menegate. “We know we’re here for him to succeed.”

“Just like always,” Vinícius said with a grin.

In Vinícius’s case, the change of venue alone has been remarkable.

The record-breaking fee made Vinícius, then only 16, an instant millionaire. But it also kick-started the effort to make his journey from Rio to Europe as seamless as possible. That is why Menegate and Menazes are here, along with his aunt and nearly a dozen other family members, all of them living inside the two-story villa behind the tall gates, the ferns and the evergreens of La Moraleja, an enclave for Madrid’s rich and powerful.

“I don’t really feel pressure,” Vinícius said in April. “I just focus on enjoying myself on the pitch.”

Much of that, he said, is because of what is in place inside the villa in La Moraleja, away from the prying eyes of fans and reporters, and a universe removed from his childhood.

“It is a gentleman’s agreement, and many times that agreement isn’t respected by the parents, and he’s free to change his mind,” said Frederico Pena, the agent who runs TFM.

Barcelona opened the bidding at 10 million euros and an option to match any offer from a rival club. Real Madrid topped the bid. Back and forth it went until the price hit 45 million euros.

The deal was quietly completed in early 2017. Vinícius, still only 16, would be richer than he had ever dreamed. Months later, he would make his professional debut for Flamengo at Rio’s famed Maracaã stadium, and then announce his pending move to Spain. Just over a year later, in July 2018, the now-18-year-old Vinícius and his entourage landed in Madrid for the first time.

“Can you believe all this?” he asked.

“No,” Vinícius replied. “I’ll only believe it when I get on the field.”

“A lot of times they said, ‘Let’s pretend we don’t have this money so we don’t do something stupid,’” Pena said.

“I know that we are not just Menegate and Wesley anymore because people now just see us as the two guys who live with Vinícius,” he said.

“My dad says, ‘Just focus on the pitch,’” Vinícius Júnior said. “‘You don’t have any problem off the pitch.’”

Credit: Source link

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velmaemyers88 · 5 years

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Old Friends and Family Recipes Fuel a Real Madrid Prodigy

Subscribe to Rory Smith’s weekly newsletter on world soccer, delivered every Friday.

“It’s not fair if we go out and he has to stay in,” said one of them, Luiz Felipe Menegate. “We know we’re here for him to succeed.”

“Just like always,” Vinícius said with a grin.

In Vinícius’s case, the change of venue alone has been remarkable.

The record-breaking fee made Vinícius, then only 16, an instant millionaire. But it also kick-started the effort to make his journey from Rio to Europe as seamless as possible. That is why Menegate and Menazes are here, along with his aunt and nearly a dozen other family members, all of them living inside the two-story villa behind the tall gates, the ferns and the evergreens of La Moraleja, an enclave for Madrid’s rich and powerful.

“I don’t really feel pressure,” Vinícius said in April. “I just focus on enjoying myself on the pitch.”

Much of that, he said, is because of what is in place inside the villa in La Moraleja, away from the prying eyes of fans and reporters, and a universe removed from his childhood.

“It is a gentleman’s agreement, and many times that agreement isn’t respected by the parents, and he’s free to change his mind,” said Frederico Pena, the agent who runs TFM.

Barcelona opened the bidding at 10 million euros and an option to match any offer from a rival club. Real Madrid topped the bid. Back and forth it went until the price hit 45 million euros.

The deal was quietly completed in early 2017. Vinícius, still only 16, would be richer than he had ever dreamed. Months later, he would make his professional debut for Flamengo at Rio’s famed Maracaã stadium, and then announce his pending move to Spain. Just over a year later, in July 2018, the now-18-year-old Vinícius and his entourage landed in Madrid for the first time.

“Can you believe all this?” he asked.

“No,” Vinícius replied. “I’ll only believe it when I get on the field.”

“A lot of times they said, ‘Let’s pretend we don’t have this money so we don’t do something stupid,’” Pena said.

“I know that we are not just Menegate and Wesley anymore because people now just see us as the two guys who live with Vinícius,” he said.

“My dad says, ‘Just focus on the pitch,’” Vinícius Júnior said. “‘You don’t have any problem off the pitch.’”

Credit: Source link

The post Old Friends and Family Recipes Fuel a Real Madrid Prodigy appeared first on WeeklyReviewer.

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weeklyreviewer · 5 years

Text

Old Friends and Family Recipes Fuel a Real Madrid Prodigy

Subscribe to Rory Smith’s weekly newsletter on world soccer, delivered every Friday.

“It’s not fair if we go out and he has to stay in,” said one of them, Luiz Felipe Menegate. “We know we’re here for him to succeed.”

“Just like always,” Vinícius said with a grin.

In Vinícius’s case, the change of venue alone has been remarkable.

The record-breaking fee made Vinícius, then only 16, an instant millionaire. But it also kick-started the effort to make his journey from Rio to Europe as seamless as possible. That is why Menegate and Menazes are here, along with his aunt and nearly a dozen other family members, all of them living inside the two-story villa behind the tall gates, the ferns and the evergreens of La Moraleja, an enclave for Madrid’s rich and powerful.

“I don’t really feel pressure,” Vinícius said in April. “I just focus on enjoying myself on the pitch.”

Much of that, he said, is because of what is in place inside the villa in La Moraleja, away from the prying eyes of fans and reporters, and a universe removed from his childhood.

“It is a gentleman’s agreement, and many times that agreement isn’t respected by the parents, and he’s free to change his mind,” said Frederico Pena, the agent who runs TFM.

Barcelona opened the bidding at 10 million euros and an option to match any offer from a rival club. Real Madrid topped the bid. Back and forth it went until the price hit 45 million euros.

The deal was quietly completed in early 2017. Vinícius, still only 16, would be richer than he had ever dreamed. Months later, he would make his professional debut for Flamengo at Rio’s famed Maracaã stadium, and then announce his pending move to Spain. Just over a year later, in July 2018, the now-18-year-old Vinícius and his entourage landed in Madrid for the first time.

“Can you believe all this?” he asked.

“No,” Vinícius replied. “I’ll only believe it when I get on the field.”

“A lot of times they said, ‘Let’s pretend we don’t have this money so we don’t do something stupid,’” Pena said.

“I know that we are not just Menegate and Wesley anymore because people now just see us as the two guys who live with Vinícius,” he said.

“My dad says, ‘Just focus on the pitch,’” Vinícius Júnior said. “‘You don’t have any problem off the pitch.’”

Credit: Source link

The post Old Friends and Family Recipes Fuel a Real Madrid Prodigy appeared first on WeeklyReviewer.

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kingmindint · 6 years

Text

Islands, Robots And Flying Cars: Where Crypto-billionaires Chill Out

While the cryptocurrency market slows down, crypto stars find more exclusive ways to spend their money

Despite the recent cryptocurrency market fall and the disappointment of those who invested in Bitcoin when it cost $18,000, there are nevertheless the lucky ones who managed to make it to the list of billionaires. Perhaps these individuals caught a wave and wisely distributed their cryptocurrency investments – in other words – “diversified.”

Judging by the number of crypto billionaires from the 2017 Forbes list, even millions in losses did not hit hard on these celebrities’ wallets when it comes to organizing vacations. Speaking of the places and the way Blockchain evangelists choose to spend their leisure time, they are as unusual as their source of income.

Image source: Forbes

Richard Branson’s Island

$5,000,000,000 – personal capital

$65,000,000 – Necker Island price

$250,000 – Gibbs Aquada amphibian

The British philanthropist and owner of the Virgin Group Empire surprised the community with his eccentricity again. Earlier he had already flown in an air balloon, turned into a woman and saddled the Gibbs Aquada, the world’s first amphibious quad bike.

Now he has successfully joined the ranks of the crypto elite and for the third consecutive year he has been gathering the real geeks to party on his Necker island.

Among them are modern-day Rockefellers, venture fund managers, and even the heads of states. Last year during Branson’s private Blockchain Summit, the Estonian Ex-President Thomas Hendrik Ilves and the European Parliament member Eva Kaili took advantage of Branson’s hospitality.

The island became famous not only for its privacy, but also for its special atmosphere. Those who visited it tell that in 5 days, connaisseurs of Bentley, Chopard, Chanel and private jets turned into Blockchain enthusiasts and talked only about ‘transparency’ and ‘ecosystem’.

Image source: Virgin Group

The innovator himself says that curiosity has brought him into the world of cryptocurrency and he wants to continue the journey further.

“I’m not sure if anybody knows exactly how emerging payment technologies are going to change the world for good in the long-term – I certainly don’t. But I’m convinced they are going to have a big, positive impact, and am excited about going on the journey.”

It is not without Branson’s ‘follies’. Every year, the event is accompanied by the personal Branson’s Bitcoins bounty and his favourite jump into the pool. By the way, $65 mln island owner does not stop here and this year he intends to open the expanses of his island for the fourth time in a row for new crypto millionaires.

Brock Pierce and his paradise La Island de Blockchain

$1,000,000,000 – personal capital

$1,000,000,000 – Pierce’s donation to blockchain promised

$5,000 – a ticket to cruise in Pierce’s company

$1,755 – one square meter of estate in Puerto Rico

The most powerful hurricane, ‘Maria’, which ruined the ‘Island of Enchantment’ Puerto Rico, could not withstand the storming enthusiasm of the Block.One project founder. Born in the northern state of Minnesota, Pierce has not accidentally chosen a warm place as a platform for his “crypto utopia“. Together with other adventurers, he decided to turn the capital of Puerto Rico, San Juan, into a whole state with seaports and airports by purchasing land.

Image source: NY Times

The idea is that crypto-economics and Blockchain will reign in the place right to hide from taxes, which Pierce’s friends do not want to pay. However, the idea of such freedom is not shared by all the inhabitants, and some even think that such a massive purchase of property in Puerto Rico by a group of crypto millionaires is a type of modern colonization of the island. However, the authorities do not share this position and fully support Pierce.

Pierce is increasingly seen in cruises and parties, where he actively attends secular parties and hi-tech exhibitions, but mainly those supported by other crypto billionaires. In early May, Brock along with the equally outstanding Dinis Guarda and Miko Matsumura will roll the star-format Blockchain Innovators Summit in Dubai, which will be accompanied by flying cars, robots, desert party and virtual reality portals. Everything is as crypto geniuses love. Unlike Branson’s party, the event will be open for all interested – and the stars do not mind.

The Madness of John McAfee

$2,500,000,000 – McAfee’s revenue

$105,000 – ICO Twitter post

$2,078 – one square meter of estate in the Dominican Republic

McAfee’s name has become really famous in recent times, especially in connection with the latest events that have occurred over the past two years. McAfee has invested in different projects with inconsistent progress, made scandalous statements about the Bitcoin price, and even started offering ad space for initial coin offering (ICO) startups in his Twitter for a ‘symbolic’ price of $105,000. Later McAfee, however, revealed that he carefully selects projects and only 5 percent of them may interest him in terms of promotion.

How much money the billionaire has managed to earn jumping on the ICO bandwagon is unknown, but the other day on his Twitter appeared an attractive picture with a view from his retirement villa on the Island of Dominica.

We closed on our retirement property near the island of Dominica. We’re moving there for good in one week with our staff. But nothing will change. It’s the Internet age, plus you will see me at every important conference. I will still be with you. First photo: view from our pool: pic.twitter.com/vYzySWws3C

— John McAfee (@officialmcafee) April 3, 2018

Image source: Instagram @officialjohnmcafee

Lambo for a young millionaire

$2,800,000 – personal capital

$402,995 – Lamborghini Aventador

$61 – a dish in Polo Lounge restaurant

Dubai attracts everyone, including the youngest cryptocurrency millionaire Erik Finman, who, at 19, has a fortune estimated at 403 Bitcoins (~$2.8 mln). However, teenage quirks come into the picture. The thousand dollars given to him by his grandmother to pay for a college once turned into $3 mln and could not be stored further on the card. The newest millionaire was so concerned about the security of his funds that he followed the example of popular Breaking Bad series characters and went to Mexico to properly hide the hard disk with all the keys to his wallets.

Image source: Instagram @erikfinman

A teenager’s leisure is not very similar to his peers’ pastime. He lives in Hollywood, dines at the best Beverly Hills restaurants and goes for a ride in a brand new Lamborghini with numbers corresponding to his average grade point at high school – 2.1 – which he never completed.

youtube

Living like Gatsby

$25,000,000 – personal capital

$4,000 – an hour of private jet flight

$873 – Horizon Club suite room

These words sound every time Mr. Smith talks about the history of his success. Once he was an ordinary employee at an IT company, who had bought Bitcoins only out of interest. At that time the price of one coin was $0.25 and Smith’s colleagues joked about his investment.

However, by 2013 after rapid Bitcoin growth, he joined the ranks of the lucky winners who had suddenly become rich. He left the IT company and since then started traveling all over the world.

As a Bitcoin-billionaire, he flies exclusively first class or by a private jet, and stays in five-star hotels, one if which is Horizon Club Lounge of the Island Shangri-La in Hong Kong. He has already forgotten when he last ate at home. In a refined Gatsby-style manner Smith raises a glass of champagne with the phrase:

“Never a dull moment”.

The lifestyle of Mr. Smith and other crypto stars is a reflection of the era of “new billionaires” and the cherished dream of those wishing to become rich in a moment. But whether their immediate existence is so cloudless and whether they will replenish the ranks of millionaires this year is unknown. In any case, in 2018 we will see new faces on Branson’s island, ICO startups ads for a million dollars, and futuristic gadgets.

Source

The post Islands, Robots And Flying Cars: Where Crypto-billionaires Chill Out appeared first on Bitcoin Geek.

via Kingmind Islands, Robots And Flying Cars: Where Crypto-billionaires Chill Out

#Kingmind #Kingmind International

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newstfionline · 7 years

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In Ukraine, Corruption Is Now Undermining the Military

By Andrew Higgins, NY Times, Feb. 19, 2018

KIEV, Ukraine--Nearly four years into a grinding war against rebels armed by Russia, Ukraine’s Defense Ministry proudly announced last month that it had improved its previously meager medical services for its wounded troops with the purchase and delivery of 100 new military ambulances.

Not mentioned, however, was that many of the ambulances had already broken down. Or that they had been sold to the military under a no-bid contract by an auto company owned by a senior official in charge of procurement for Ukraine’s armed forces. Or that the official, Oleg Gladkovskyi, is an old friend and longtime business partner of Ukraine’s president, Petro O. Poroshenko.

Ukraine’s spending on defense and security has soared since the conflict in the east started in 2014, rising from around 2.5 percent of its gross domestic product in 2013 to more than 5 percent this year, when it will total around $6 billion.

This bonanza, which will push procurement spending in 2018 to more than $700 million, has enabled Ukraine to rebuild its dilapidated military and fight to a standstill pro-Russian rebels.

But by pumping so much money through the hands of Ukrainian officials and businessmen--often the same people--the surge in military spending has also held back efforts to defeat the corruption and self-dealing that many see as Ukraine’s most dangerous enemy.

The problem has throttled many of the hopes raised in February 2014 by the ouster of Ukraine’s notoriously corrupt, pro-Russian former president, Viktor F. Yanukovych. It has also left the country’s dispirited Western backers and many Ukrainians wondering what, after two revolutions since independence in 1991, it will take to curb the chronic corruption.

“It serves no purpose for Ukraine to fight for its body in Donbas if it loses its soul to corruption,” Secretary of State Rex W. Tillerson warned last year, referring to regions of eastern Ukraine seized by Russian-backed separatists after the ouster of Mr. Yanukovych.

Ukraine has made considerable progress since 2014 in draining pools of corruption in the gas business, a major source of income for crooked tycoons under Mr. Yanukovych. It has overhauled the state energy company, Naftogaz, and reduced the scope for corrupt gas deals by insiders by cutting its reliance on supplies from Russia’s energy giant, Gazprom.

Military spending, however, has opened up new vistas for opaque insider deals, sheltered from scrutiny by a cone of secrecy that covers the details of military spending.

“Corruption in the energy sector has been reduced, so some of the main avenues for corruption have moved to defense,” said Olena Tregub, the secretary general of the Independent Defense Anti-Corruption Committee, a research group funded by Western donors.

While Mr. Gladkovskyi acknowledged that the ambulance purchase did not involve an open tender for bids, there is no evidence that he tilted military contracts for ambulances and other vehicles toward his own company, something he firmly denies doing. But the appearance of a blatant conflict of interest is just one of many in a country where business and political power form a tangled skein of overlapping, opaque and often highly lucrative transactions.

“There is no proof that he influenced purchasing decisions, and there never will be. It is all secret,” said Victor Chumak, an independent member of the Ukrainian Parliament and deputy chairman of its anticorruption committee. “The merging of politics and business is our biggest problem.”

Emblematic of the incestuous intertwining of business and politics and the rich fruit this can yield are three lavish villas on the southern Spanish coast. They are owned by President Poroshenko, Mr. Gladkovskyi and Ihor Kononenko, another business partner of the president who leads Mr. Poroshenko’s faction in Parliament.

All three were wealthy businessmen before taking official posts, but they have nonetheless stirred suspicion by being less than forthcoming about their holdings. None of them declared the Spanish properties in mandatory filings of assets, an annual declaration of wealth by senior officials introduced in 2016 as part of a now-stalled drive for greater transparency and accountability.

Conflicts of interest are so widespread “that you are no longer even shocked,” said Aivaras Abromavicius, a former investment banker from Lithuania who helped lead a since-becalmed push for clean government while serving as Ukraine’s minister of economy and trade from 2014 to 2016. “They are all over the place. It is sad, depressing and discouraging.”

Such disappointment has already cost Ukraine dearly. The International Monetary Fund and the European Union, frustrated by foot-dragging over the establishment of a long-promised independent anticorruption court and other setbacks, have suspended assistance money totaling more than $5 billion.

“Ukraine lived for decades in a state of total corruption,” said Artem Sytnyk, director of the National Anti-Corruption Bureau of Ukraine, known as NABU, an independent agency set up in 2015 during an initial burst of enthusiasm for clean government following the ouster of Mr. Yanukovych. “These schemes have now been renewed and are again working. Some people simply don’t want to get rid of them.”

His bureau has assembled evidence in 107 cases against previously untouchable officials, but only one has ended with a court sentence. The rest are stalled in a sluggish judicial system addled by corruption and political meddling.

NABU’s efforts to delve into defense-related embezzlement, which led to the arrest last year of a deputy defense minister and the ministry’s procurement chief, led to a flurry of moves by the authorities to neuter the anticorruption body.

“This is a very sensitive zone,” Mr. Sytnyk said.

NABU has come under sustained attack in recent months, with Parliament drafting legislation, later dropped, that would have emasculated the agency and with the domestic intelligence service raiding the homes of NABU employees.

Mr. Poroshenko who is expected to seek re-election next year, has positioned himself as a leader who rebuilt Ukraine’s ramshackle military and stood up to President Vladimir V. Putin of Russia. To the consternation of the Ukraine leader, though, the conflict with pro-Russian separatists is slowly mutating in the public mind from a heroic struggle into yet another sinkhole of profiteering and graft.

Mr. Abromavicius, the former economy minister, who quit in fury over the backtracking on anticorruption efforts, said he did not believe that Mr. Poroshenko was profiting personally from the conflict in the east. But he said the president has left himself exposed by failing to deliver on promises to sell off his business assets or to set up a genuinely independent anticorruption court.

Looming large in this system is Ukroboronprom, a sprawling state conglomerate comprising 130 defense companies and employing around 80,000 people. Dmitro Maksimov, a former employee in Ukroboronprom’s control department, said shady deals in procurement were “the essence” of the conglomerate’s operations.

He recounted how a small screwlike piece of metal purchased by Ukroboronprom for an aircraft repair factory in Lviv had skyrocketed from $50 in early 2014 to nearly $4,000 a year later, after Ukroboronprom mysteriously shifted its business to an outside supplier.

Mr. Maksimov said he had raised this and other inexplicably high prices with his superiors, but was told to drop the matter and was later fired, a dismissal he is challenging in court.

Denys Gurak, the conglomerate’s young deputy director, said he did not know about Mr. Maksimov’s complaints but acknowledged that corruption existed in the defense sector. He added that after years of systematic looting under Mr. Yanukovych--who he said set up Ukroboronprom in 2010 so as to centralize stealing--”it is a miracle we can still do anything.”

“It is a systemic problem for the whole country, not just one sector,” he said. “The system does not work, so people steal. This is why the Soviet Union collapsed.”

He said that Ukroboronprom had itself sent 200 reports to prosecutors about corruption in its ranks but that only two of these had ended up in convictions, and suspended sentences.

Daria Kaleniuk, director of the Anticorruption Action Center, a nongovernmental group in Kiev, said that transparency and accountability are national security issues that must be addressed if Ukraine is not only to create a functioning European-style democracy, but also to hold its own on the battlefield in the east.

They would also help clarify why the military ambulances sold by Mr. Gladkovskyi’s auto company keep breaking down and why they were purchased in the first place.

A report last year by the Independent Defense Anti-Corruption Committee said that each vehicle, whose chassis is Chinese made, had cost the Ukrainian Defense Ministry $32,000, much more than an ambulance imported from China would cost, and could carry only 800 pounds, far too little for a vehicle that would need a driver, armed guards and medical staff.

Valentina Varava, a volunteer who delivers supplies to troops in the east, said the ambulances were designed for urban roads, but “in the military zone, there are no roads.”

She said that as many as 19 of the 50 vehicles so far delivered to the east were out of service. The Ministry of Defense, she added, recently decided to buy 100 more ambulances from Mr. Gladkovskyi’s auto company.

#Ukraine #corruption in Ukraine

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lodelcar · 7 years

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THE ONLY SUSTAINABLE PROSPERITY IS SHARED PROSPERITY

Picture: Vasco da Gama monument in Durban (South-Africa)

Too many casualties from a staggering globalisation

Recent electoral history in the US and Europe lead to absurd considerations but also interesting ones. The first mostly came from people that publicly are considered as streetfighters, who find their strength in nocking everybody down with their arguments and who despise intelligent future oriented proposals. Especially when native of a country with a so-called “great past”, they dream of getting back that past and extrapolate this illusionist past into the future. Their way of thinking insists upon a great history for the very few –rich, powerful upperclass-, and neglects quietly the dramatic and depending conditions the rest of the population was forced to live in. They mostly also neglect the fact that their great country founds part of its “greatness” in the oppression and exploitation of other people in a forced colonization context. These circumstances changed dramatically after the second world war, for the better of a majority of the population.

On the other hand, intelligent people try to constantly update economic methods enabling society to improve and to create a better life for many. We were confronted recently with the analysis of Nobel-price winning economist Joseph Stiglitz. In his comments about the French elections, he warns that populists will continue to find a grateful audience when nothing changes in the liberal globalized market economy as we know it now: “Advocates of liberal market economies need to grasp that many reforms and technological advances may leave some groups – possibly large groups – worse off. In principle, these changes increase economic efficiency, enabling the winners to compensate the losers. But if the losers remain worse off, why should they support globalisation and pro-market policies? Indeed, it is in their self-interest to turn to politicians who oppose these changes.”[1]

Stiglitz therefore points out to remedies that should be undertaken on a national level, in order to compensate the odds of globalisation. Governments should introduce “strong social-welfare programs, job retraining, and other forms of assistance for individuals and communities left behind by globalisation”[2] But his conclusion is that he does not see any other Western state taking these remedies to heart, except for the Scandinavian countries. “They understood that the only sustainable prosperity is shared prosperity. It is a lesson that the US and the rest of Europe must now learn.”[3]

What remedies can be extended in order to cope with the thriving globalisation?

Like all Americans, Stiglitz is not always aware of what is happening in Europe. It is not only the Scandinavian countries that cope with a sustainable prosperity. Other, mostly small European countries also take initiatives in this direction. Our aim is not to provide here with a complete overview. We only give examples of better practices. They all show a direction that might be followed ,by other regions. The economic elite has another role to play nowadays than the one they played over the last fifty years. In that way they might have to reconsider their role and compare it with the role of the former patrons in the nineteenth century, when some people still believed in God. Economy became a global game, but the social game and the political game is still very local.

Strong social-welfare programs

The Danish government created “social enterprises”. This still new type of enterprise makes a tremendous difference at the human level for those who come 'on board' and become part of the community. Social enterprises benefit the economy and cohesion of society and inspire 'traditional' enterprises to think social change. One of their aims is to create job opportunities for people who have been depending on public benefits for many years. Almost 80% of Danish social enterprises can be labelled micro-enterprises with fewer than 10 full-time employees. The corresponding percentage for all Danish companies is 93%. Geographically, social enterprises are dispersed throughout the country, but the largest concentration is found in the capital region. 46% of Danish social enterprises were established between 2007 and 2012. The corresponding percentage for all Danish enterprises is 34%.[4]

Inclusio is a cooperative of Kois Invest, Re-Vive and Bank Degroof, Belgium's largest business bank. Inclusio brought together 45 million euros in 3 months in 2016 and started building. It leases a long-term social rental agency for 9, 18 or 27 years with fixed rates, which makes the return almost certain. The social rental agency must then rent and carry out the supervision. The rent is 15-30 percent below the market price. Inclusio has even more ambitions. It even wants to go to the stock exchange and to be listed. One can build social housing with money collected at the stock exchange. [5]

Job retraining

In France, “Ecole 42” is the mind-child of Xavier Niel, a French entrepreneur behind, among others, the telecom brand Free and the newspaper Le Monde. Since 2013, the school has launched a thousand students every year, highly rigorously selected from a candidate pool of over 50,000. They only require an email address and a date of birth. No prior diploma, even no school fees. Eating, drinking, or T-shirts can earn them by scoring points while programming. École 42 in Paris has been voted recently the best programming school in the world and a breeding ground for the brilliant whizkids of France and its surroundings.[6]

We were confronted by our Facebook-friends with several private initiatives of ordinary people have set up non-profit organisations able to set-up FabLabs[7] in an elementary school or in their deprived home town in Western Sicily. They find the necessary financial means thanks to crownfunding. But thanks to their drive, they give hope an future to a new generation of young entrepreneurs.

And of course in many European countries, adult education programs, supported by the government, are switching from meeting people at night and doing something together, to professional offers for retraining people who decide to take their destinies in their own hands.

Forms of assistance for individuals and communities

Philanthropy is of all times. The Roman Gaius Cilnius Maecenas (70 BC - 8 BC) was a famous statesman and art protector of Etruscan descent. He served under Emperor Augustus as his stand-in during the latter’s foreign travels and as a sort of Minister of Domestic Affairs. Already in ancient times, his name became the meaning of "protector and sponsor of art".[8] He gave his name to the principle of a Maecenas. This refers to a person who acts as a patron or guardian of artists, scholars or athletes by providing them financially so that they can care for their creative work, scientific research or sporting career. He is usually wealthy so that he can afford the financial sacrifice. The beneficiary artist, scientist or athlete is called protegé in this regard.[9]

In the Muslim world, philanthropy has found its source for centuries in the "Zakat". As the third pillar of Islam, this donation, which represents 2.5% of the savings that citizens have managed to build up over the past year, must be devoted to charities.[10]

We should make a distinction between charity and philanthropy. Charity tries in the first place to relieve the first necessities in order to provide poor people with a decent living. Charity supports nowadays often civil organisations whose aim is to fight poverty, undernourishment and social problems in our society.

Philanthropy tries to concentrate on gifted people, giving them the opportunity to concentrate on their gift and to provide humanity with additional benefits. It is mostly active in an artistic and economic environment.

We continuously discover interesting examples of philanthropic behaviour.

Recently was announced that the Norwegian billionaire Kjell Inge Roekke was spending most of his fortune to the investment in a research vessel that will be able to extract plastic rubbish from the ocean bottom. [11]

The R20 Regions of Climate Action a non-profit organization founded in 2010 by former California Governor and actor Arnold Schwarzenegger and other global leaders and actors in cooperation with the United Nations. It is a coalition of partners led by regional governments that work to promote and implement projects designed to produce local economic and environmental benefits in the form of reduced energy consumption and greenhouse gas emissions, strong local economies, improved public health and new green jobs.[12]

The Bill, Hillary and Chelsea Clinton Foundation now includes 11 major initiatives were the Clintons convince companies and private individuals to fund initiatives worldwide with as primary ambition to provide people with a better life. In all, the Clintons’ constellation of related charities has raised $2 billion, employs more than 2,000 people and has a combined annual budget of more than $223 million.[13]

A role to play for regional authorities?

What is really globalised is the economy, the companies. The political and social aspects have remained very local. There is nothing wrong with continuing production where it is cheaper, provided that the social and environmental standards are applied. That is the message for our Central and Eastern European member states.

But in the meantime, our Western-European political, intellectual, social and economic elite should keep an eye on what is happening in their home regions. I insist upon the “political, intellectual, social and economic”. It is the role of the local triple or quadruple helix to see that lagging regions are able to catch up. And this has to be done in a continuous dialogue. We here want to quote Bart Somers, mayor of the city of Mechelen and recently elected “World Mayor 2017”: “In his famous book ‘If mayors ruled the world’ Benjamin Barber explained the difference between local politics and national politics. One of the differences is that politicians in parliaments are mainly concerned with ideology and contradictions, while local politicians more often work pragmatic and seek how to connect people. That’s why Barber says that the local level is the main political level of the 21st century. Because in a global and fragmented world, that no longer operates hierarchical and in which knowledge and power are spread all over, horizontal networks and connecting factors prevail.”[14]

Another example of the same approach is Gerard Collomb, mayor of the second largest French town of Lyon. Although member of the socialist party, he always worked together with the local employers. He creates the framework for the private sector, he invested in roads and infrastructure; he insists upon integrating social housing in new building projects and imposes strict conditions for it. But he considers that job creation has to be done by entrepreneurs. And successfully. [15]

Local governments have to create the conditions, have to stimulate. Universities have an intellectual role to play by providing with new solutions, not only on an economic level, but also on ways of coping with poverty, on ways of providing decent jobs to people with less intellectual or physical capacities, on creating innovative campuses and initiatives. Company owners have to give back something to the community that enabled them to become what they are. This good citizenship can take many directions: coaching start-ups, creating training schools, providing chances to subcontractors, investing into initiatives with a basic profitability, etc. Traditional civil society organisations have to think positively and should behave with an open mind and not defend old school advantages for the privileged. Labour unions have to defend employment for the future and solidarity in the region. Employer’s organisation have to confront their members with the role they can play in society. Chambers of commerce have to stimulate their members into innovation and corporate social responsibility behaviour. Because, what Joseph Stiglitz said is right: “The only sustainable prosperity is shared prosperity.”

Louis Delcart, Member of the board European Academy of the Regions, www.ear-aer.eu

[1] https://www.project-syndicate.org/commentary/macron-fight-against-populism-by-joseph-e--stiglitz-2017-05

Joseph Stiglitz: Lessons from the Anti-Globalists, in Project Syndicate, dd. 1-5-2017.

[2] https://www.project-syndicate.org/commentary/macron-fight-against-populism-by-joseph-e--stiglitz-2017-05

Joseph Stiglitz: Lessons from the Anti-Globalists, in Project Syndicate, dd. 1-5-2017.

[3] https://www.project-syndicate.org/commentary/macron-fight-against-populism-by-joseph-e--stiglitz-2017-05

Joseph Stiglitz: Lessons from the Anti-Globalists, in Project Syndicate, dd. 1-5-2017.

[4] Vækscenter for socialøkonomiske Virksomheder: Social enterprises in Denmark, 13-4-2014, http://socialvirksomhed.dk/en/about-social-economy-i-denmark

[5] John Vandaele: Piet Colruyt: Zonder sociale ondernemers redden we het niet,( Piet Colruyt: Without social entrepreneurs we can’t manage it) in: M.O., 26-10-2016

[6] Matthias Verberght, Hoe bitter is La Douce France?, XV: Parijs, technologische koploper in Europa, (How bitter is La Douce France ?, XV: Paris, technology leader in Europe), in: De Standaard, 20-4-2017; http://www.standaard.be/cnt/dmf20170419_02841980?shareid=8993f13ad93b85f7bf2af2c09cbaa9d3f54907b7a592cf53a8bd75ead5b1ea67893f00845603c777258364d5a607132d845e99ed1cbf5ad8f289a1bcd461eb5e

[7] The fab lab program was initiated to broadly explore how the content of information relates to its physical representation and how an under-served community can be powered by technology at the grassroots level.The program began as a collaboration between the Grassroots Invention Group and the Center for Bits and Atoms at the Media Lab in the Massachusetts Institute of Technology with a grant from the National Science Foundation (Washington, D.C.) in 2001.

[8] https://nl.wikipedia.org/wiki/Gaius_Cilnius_Maecenas

[9] https://nl.wikipedia.org/wiki/Mecenas

[10] http://www.lecho.be/connect/philanthropie/Fonds-Noria-Zakat-et-philanthropie/9886221

[11] Miljardair geeft fortuin weg (Billionaire leaves fortune), in De Standaard, 3-5-2017, http://www.standaard.be/cnt/dmf20170503_02863527

[12] http://www.iclei.org/details/article/r20-regions-of-climate-action.html

[13] https://www.washingtonpost.com/politics/the-inside-story-of-how-the-clintons-built-a-2-billion-global-empire/2015/06/02/b6eab638-0957-11e5-a7ad-b430fc1d3f5c_story.html?tid=ss_mail&utm_term=.039d0e9d1a27

[14] http://www.worldmayor.com/contest_2016/interview-mechelen-mayor.html, 14-2-2017

[15] Ruud Goossens: ‘Le vieux Macron’ kuste Lyon al in 2001 wakker (“Le vieux Macron” woke up Lyon with a kiss already in 2001), in De Standaard, 6-5-2017, http://www.standaard.be/plus/20170506/ochtend/optimized

#regional approach #sustainability #prosperity #globalisation #localisation

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douchebagbrainwaves · 5 years

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WHERE TO STARTUPS CONDENSE IN USA

One level at which you can then trade again for anything else you need. The better they are, the more stuff they seem to have been defeated mainly by treating it as a pro. An experienced programmer would be more likely to notice if you're doing it wrong. The programmers I admire most are not, on the whole, captivated by Java. There is a large random multiplier in the success of any company. Running upstairs is hard for you but even harder for him.1 How many of us have suspected. And that's exciting because it means lots more startups will happen.

As I was mulling over these remarks it struck me how familiar they seemed. And as his example suggests, this can be valuable knowledge.2 Like all such things, it was harder to reach an audience or collaborate on projects. It would be like someone claiming they had independently decided in 1972 that bell-bottom jeans were a good idea to get bought, if you admire two kinds of work. It was coming, all the same. I make a point of encouraging the most outrageous thoughts I can imagine. I'm convinced, is a mistake.3 Similarly, if you did somehow accumulate a fortune, the ruler or his henchmen would find a way to get the attention of an audience than as a reader. Don't expect it to be, but it will be. And what getting a job seems to mean is joining another institution. Raising an angel round meant a collection of points of roughly equal importance, and he wouldn't have had time to work on.4 But these words are part of the reason I laughed so much at the talk by the good speaker at that conference was that everyone else still shares, you're in the home stretch, and if people aren't using your software, maybe it's not just the dogfood portals we all heard about during the Internet Bubble.

Look for the people who use it. What we're seeing now, everyone's probably going to be an artist, which is the ability to get things done, with no excuses. You have to assume it takes some amount of pain.5 It's so simple. Within my head I make a point of encouraging the most outrageous thoughts I can imagine managers at this point the default outcome. All other things being equal, they should.6 Or at least discard any code you wrote while still employed and start over.7 Startups, like mosquitos, tend to be more conservative for their kids than they would in a big company is probably getting a bad deal, because his performance is dragged down by the overall lower performance of the others. Whereas if you solve a technical problem that a lot of work. So bang, there's the structure, and you can decrease how much you spend. You can measure the value of the company is small, you are thereby fairly close to measuring the contributions of individual employees. Although doing great work takes less discipline than people think—because the way to do it without getting yourself accused of being a good writer than being a good speaker.

And so the average person, brand dominates all other factors in the judgement of art is dominated by these extraneous factors; they're like someone trying to judge the taste of apples, I'd agree that taste is just a matter of absolute returns, the super-angels, the most powerful motivator is the prospect that one of their competitors will buy you. It's what impresses reporters, and potential new users.8 That averaging gets to be a property of objects after all.9 Every thing you own takes energy away from you. Even if you start a startup. Starting or joining a startup is so hard that it's a close call even for the ones that succeed. And it's only now that you can write what you want and publish when you want. A speech like that is, some of each. It's too early to ask. Can you do more of that?10

Starting or joining a startup is the startup itself. If you want to know what they are so that I, at least, wow, that's pretty cool. To get the same rate of return, the VC would have to get them beaten out of you by contact with the real world.11 Although moral fashions tend to arise from different sources than fashions in clothing, the mechanism of their adoption seems much the same way a gene pool does. Otherwise these companies would have tried to fix the problem. But that's not the same thing happened with food in the middle of getting rich translates into buying Ferraris, or being admired. So if you hope to start a startup just one year later, after you graduate, as long as you're producing, you'll know you're not using dissatisfaction as an excuse for being lazy.12

If you want to do. That's the only defence. In our own time. Unproductive pleasures pall eventually. To launch a taboo, a group has to be powerful enough to enforce taboos, but weak enough to need them.13 How do you know how you're doing. What does that mean for founders? Others say I will get in trouble for. But it seemed worth spoiling the atmosphere if I could save some of the qualities of a VC.14 The reason: today's teenage hacker is tomorrow's CTO. The ball you need to be solved, and d deliver them as informally as possible, e starting with a crude version 1, then f iterating rapidly.15

Notes

Compromising a server could cause such damage that ASPs that want to take board seats for shorter periods.

With a classic fixed sized round, or it would have become good friends. You'd have to do that? And journalists as part of grasping evolution was to realize that. The Baumol Effect induced by the financial controls of World War II had become so embedded that they got to the point of view: either an IPO, or some vague thing like that, the assembly line, the government and construction companies.

Give us 10 million and we'll tell you who they are public and persist indefinitely, comments on e. They can't estimate your minimum capital needs that precisely. There are simply the embodiment of some brilliant initial idea. It's common for founders to try to disguise it with such a statement would merely be eccentric.

In one way to tell computers how to achieve wisdom is that it's boring, whereas bad philosophy is worth studying as a source of them. Build them a microcomputer, and most pharmaceutical startups the second component is empty—an idea is bad.

European Financial Management, 9:1 It's hard to think about so-called lifestyle business, and those where the richest buyers are, but they were going back to 1970 it would grow as big as a first—new things start to have to recognize them when you had to pay employees this way probably should.

In practice it just feels like a ragged comb. In Russia they just don't make users register to read a new SEC rule issued in 1982 rule 415 that made steam engines dramatically more efficient. You can safely write off all the best hackers want to be a lot online. And the reason for the spot very easily.

Ironically, the editors think the top startup law firms are Wilson Sonsini, Orrick, Fenwick West, Gunderson Dettmer, and the war on. 05 15, the most powerful minister of the fatal pinch where your existing investors help you along by promising to invest but tried to combine the hardware with an investor would sell it to colleagues.

Now the misunderstood artist is not that the probabilities of features i. It's a case in point: lots of people starting normal companies too. Zagat's there are some VCs who can say they're not ready to invest but tried to combine the hardware with an idea that evolves naturally, and his son Robert were each in turn forces Digg to respond with extreme countermeasures. How can people who did it.

It doesn't happen often. The dumber the customers, the apparent misdeeds of corp dev people are these days. Yes, it is very common for founders, HR acquisitions are viewed by acquirers as more akin to hiring bonuses. More precisely, the last batch before a consortium of investors started offering investment automatically to every startup founder or investor I saw this I used a recent Business Week article mentioning del.

If you assume that the lack of movement between companies was as a rule, if you seem evasive than if you have significant expenses other than those I mark. In this context, etc. The people worth impressing already judge you more than the others to act.

Your mileage may vary. If your income tax rates were highest: 14.

Do not finance your startup with a no-land, while she likes getting attention in the US.

But those are usually more desperate for money. You should always absolutely refuse to give him 95% of the false positive rates are untrustworthy, as they are themselves typical users. Ideas are one of the former, because you have is so hard to say that a skilled vine-dresser was worth it for the fences in our case, 20th century. Because we want to keep them from leaving to start businesses to circumvent NWLB wage controls in order to test a new Lisp dialect called Arc that is exactly the point of treason.

Do not use ordinary corporate lawyers for this at YC I find I never watch movies in theaters anymore. Experienced investors know about it well enough known that people will give you such a dangerous mistake to do more than others, and partly simple ignorance. The first alone yields someone who's stubbornly inert. 5,000 or a community, or invent relativity.

If you want to take care of one's markets is ultimately just another way to predict areas where you read about startup founders and one didn't try to accept that investors don't lead startups on; their reputations are too valuable.

Thanks to Peter Norvig, Ian Hogarth, Sam Altman, James Bracy, Patrick Collison, and Dan Giffin for sparking my interest in this topic.

#automatically generated text #Markov chains #Paul Graham #Python #Patrick Mooney #care #Internet #thoughts

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douchebagbrainwaves · 7 years

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STARTUPS AND KINDS

TV. When an investor tells you I want to take a break from working, I walk into the square, just as they do in the future. When you find something you can't say. It would have spoiled the narrative to acknowledge Jessica's central role at YC. Now that route is closed. There can be places that are free for alls and places that are more thoughtful, just as there are in fact lots of ways for such information to spread among investors, the bursting of the Bubble would have been it. And it's so easy to change, its design can benefit from evolution. If a round takes 2 months to close, because however motivated the lead was to get the right answers than anyone would if they were true or not.1 I use as examples when I'm talking to companies we fund? O'Reilly people that guy looks just like Tim.

Architecture is related to physics, in the sense of being about hacking, because it's full of useful spam signs. Till now investment terms have been individually negotiated. Otherwise everyone's writing would sound like them talking.2 We have three general suggestions about hiring: a don't do it if you can.3 Remember, the original Silicon Valley startup, weren't even trying to start a startup, it's easier for competitors too. How will this all play out? Of course, Internet startups are, though they may not have had this as an explicit goal. Give music away and make money from concerts and t-shirts. If you could travel back in a time machine, one thing would be true no matter where you went to a better college. You might think a high valuation unless you can somehow achieve what those in the business of selling information, but that you can now start a startup, they end up competing to raise money even when it seemed hopeless, and miraculously succeeded. How long do you think it would take to break Apple's lock. This is an instance of this pattern.

That will increasingly be developed within startups rather than big companies. 0 mean anything more than the whole company by 20%. One of my most vivid memories from our startup is going to make something great. In addition to the concentration that comes from specialization, startup hubs are also markets. Einstein: Through the reading of popular scientific books I soon reached the conviction that much in the stories of the Bible could not be true. Most startups grow fast or die; if you can't get started, tell someone what you plan to cover at the bottom of the college population.4 It may turn out that byte code is in itself a good idea. The people you can say about it has some kind of progression. If you're starting your own company, why do you need a degree?

Considering how basic a red circle is, it seemed surprising to me when we started YC.5 But anyone willing to falsify headers or use open relays, presumably including most porn spammers, should be able to do it would be easier if the forces behind it were as clearly differentiated as a bunch of leads in the process is option pools. As you start to see growth, they claim they were your friend all along, and are willing to invest on a convertible note, using standard paperwork, that is all too obvious. The ultimate way to be nice to investors who reject you, but they are. You'd have to turn into Noam Chomsky. Where did they get their ideas?6 I look for probabilities for Subject free! However many Google does, Microsoft should do ten times as many. When do you stop fundraising?

Two new kinds of techniques were developed there: techniques for building integrated circuits spread rapidly to other countries.7 When your company is only a few years he could probably find someone local to make him one. Well, not really. In anything she does that's publicly visible, her biggest fear after the obvious fear that it will seem ostentatious. Like having more than one founder, it seems a good guy too, almost a hacker.8 That's not because making money is unimportant. Com, where you can discount society's bad moods. If you can think things so outside the box that they'd make people's hair stand on end, you'll have to guess. There's no difference in the meaning of after college, which will switch from when one graduates from college to when one leaves it. The famous scientists I remember were Einstein, Marie Curie, and George Washington Carver with Einstein misled us not only about science, but about the obstacles blacks faced in his time.9 You'd have to get from A to B, but it is.

Notes

That name got assigned to it because the broader your holdings, the only result is higher prices. If he's bad at it.

Philadelphia is a down round, or how to be a product company. University Publications. I didn't like it takes more than determination to create a silicon valley.

Conversely, it's hard to say that intelligence is surprisingly recent.

And yet there is a way to predict startup outcomes in which his chief resident, Gary, talks about programmers, it is to try to establish a protocol for web-based alternative to Office may not care; they just kill you, they did it lose? And that will sign up quickest and those where the second clause could include any possible startup, you would never come face to face with the fact that, in 1962. The US News list is meaningful is precisely my point. It shouldn't be too conspicuous.

Google's revenues are about two billion a year for a sufficiently good bet, why did it with. I'd use to develop server-based applications. If you're dealing with recent art, why did it with such energy that he could accept it.

Experienced investors know about a week for 4 years. You can relent a little more fat, and indeed the venture business barely existed when they want impressive growth numbers.

The unintended consequence is that so few founders do it is very common, but have no way of calculating real income statistics calculated in the less powerful language by writing library functions. I can hear them in advance that you were going back to the other sheep head for a patent is now the founder of the company, and earns the right thing.

03%. They're motivated by examples of how to deal with the earlier stage startups, because users' needs often change in the middle class values; it is the lost revenue. And you should be deprived of their predecessors and said in effect hack the college admissions process. This was made a general term might be able to at all but for different things from different types of publishers would be great for VCs.

A fundraising is so valuable that visitors should gladly register to read this to users, at least straightforwardly benevolent, doesn't help people on the one Europeans inherited from Rome, his zeal in crushing the Pilgrimage of Grace, and others, no one trusts that. Those groups never have worked; many statements may have allotted for the first scientist. William Cecil and his readiness to vote the death spiral by buying their own company. It seems likely that in effect what the valuation at the end of economic equality in the same price as the cause.

Thanks to Sam Altman, Jackie McDonough, Sanjay Dastoor, Qasar Younis, Gabor Cselle, Alexia Tsotsis, and Rich Draves for sparking my interest in this topic.

#automatically generated text #Markov chains #Paul Graham #Python #Patrick Mooney #fast #revenues #months #Google #art #way #company #effect #users #kinds #investor

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