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A man who destroyed his multimillion dollar company in 10 seconds (2018)

thehustle.co

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Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#221

Post by joncrane »

celticmusic wrote: post #197
natvod wrote: post #98

Earlier quoted context omitted.

Actually, Monica only realized what the stain on the dress was several months after and it was her friend Linda Tripp who encouraged her to keep the dress: https://metro.co.uk/2018/11/13/monica-lewinsky-shares-x-rate...

That may be the reality, but I don't believe that was the narrative then, or common knowledge now. Certainly I wasn't aware of that, although I'm also not too particularly invested in it so don't follow things that closely.

It certainly was the narrative then. I was in college at the time and there were weeks where Linda Tripp was mentioned more than Monica.

I got the direct impression from the news that Monica Lewinsky was this pretty young thing, very innocent, who had a tryst with the POTUS and was freaking out. Linda Tripp came along and under a false veneer of sophistication and helpfulness, instructed Monica on what to do, move-by-move.

The story was of an ingenue who was, in turn, under the thrall of the POTUS and then Linda Tripp.

Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#222

Post by meristem »

blackflame7000 wrote: post #151
sudhirj wrote: post #8

This is really applicable to any products that are valued based on their marketing efforts instead of intrinsic value or utility. Costume jewellery, designer clothes, some kinds of art, all derive their value from the story the creators tell. The most expensive art seems to be that which has the most thoroughly verified, or at least the most believable story. I like to think I’d prefer Apple products over the competi…

"The most expensive art seems to be that which has the most thoroughly verified, or at least the most believable story." What story does one of the most expensive paintings of all time, Jackson Pollock #5, tell?

Story-->Provenance

Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#223

Post by Ididntdothis »

mikeash wrote: post #124
wahern wrote: post #94

Earlier quoted context omitted.

That's incredibly pedantic, and in any event even the dictionary gives extraordinary as a synonym. But I'd never before considered the derivation of incredible before, so I learned something today :) On the other hand, you've ruined me as I'll never be able to unsee in-credible. :(

Vaguely related fun fact: “awful” used to be a synonym for “awesome.”

I used to confuse these for a long time.

Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#224

Post by WalterBright »

keiferski wrote: post #167
giarc wrote: post #162

Earlier quoted context omitted.

I think you can expect a CEO of a company not to call their own products "crap".

Maybe from a marketing perspective, sure. But from a truthfulness perspective, I think you’ll find that most people are annoyed by the fake opinions that come from most businesses. Indeed a number of companies have been successful specifically because they talk like real human beings and readily admit the strengths and weaknesses of their products.

> Indeed a number of companies have been successful specifically because they talk like real human beings and readily admit the strengths and weaknesses of their products.

I'm curious - can you name a couple?

Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#225

Post by benatkin »

isostatic wrote: post #200
avip wrote: post #186

Earlier quoted context omitted.

He’s provably referring to ghg emissions, and sure no one pays that (it’s also not something we can conceivably pay for)

Quite possible for Europe to charge landing fees based on ghg emissions for all planes arriving/departing.

That would be great. I think if they were being aggressive enough, there would probably be less demand for airport expansion, because there would be fewer flights. I don't currently see any way to curtail the carbon from the airline industry that wouldn't involve raising the price so drastically that people would fly less often.

Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#226

Post by Ididntdothis »

tbyehl wrote: post #121
gdy wrote: post #49

Earlier quoted context omitted.

How is she a victim?

You can debate if Lewinsky was a victim of Clinton but she absolutely was a victim of Linda Tripp, who had her own vendetta against the Clintons. Tripp manipulated her, secretly recorded their conversations, lied, betrayed her confidences, and served her up to the machinery that was working to take down Clinton.

Totally agree. From whatever I have read Tripp was the real villain there. What kind of person behaves like that?

Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#228

Post by mytailorisrich »

fortran77 wrote: post #142
jdietrich wrote: post #125

Michael O'Leary being incredibly rude is a key part of Ryanair's branding. If you're paying £19 for a two hour flight, you'll always have the sneaking suspicion that the airline is skimping on maintenance. O'Leary makes it absolutely clear that they save money by treating their passengers like cattle. He carefully cultivates the image of a man who utterly despises his own customers, but is far too miserly to allow an…

I agree. Fellow "cheapskates" who just want to get from Dublin to Edinburgh on a cheap flight probably admire his thrift.

And they probably swear more than he does.

Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#229

Post by PopeDotNinja »

seem_2211 wrote: post #217
LeifCarrotson wrote: post #214

Earlier quoted context omitted.

Alternatively, you can make a Camry with the same quality and cover it with glitzy trim, market it as a luxury car, and sell it at a premium...which we call a Lexus.

Well in fairness, Toyota tends to have a very good reputation, so this is hardly a scam.

I googled "is a Lexus just a fancy toyota" and found this...

https://www.quora.com/Arent-Lexus-cars-just-Toyotas-with-fan...

My takeaway is that between two similar products, once people discover what is really going on, will they feel misled? And can people become informed in the first place?

In the case of Lexus vs Gotta, I'd guess informed consumers won't feel mislead. In the case of quality Camry vs a junky FauxCamry, it's more about being marketing in the FauxCamry that deceptively over promises is on a car that under delivers.

I think I've stretched this analysis about as much as I can.

Re: A man who destroyed his multimillion dollar company in 10 seconds (2018)

#230

Post by smeyer »

ArnoVW wrote: post #194
dantheman wrote: post #172

Earlier quoted context omitted.

What externalities are they not paying for that other airlines are? Or is this a complain against all airlines?

Well, the issues I'm aware of: Ryanair pay their staff poorly. And that is not cheap enough, so they also employ them under employment law from "cheap countries", to try and circumvent income taxes and other charges of the local countries they service. Ryanair demand subsidies from local governments to fly to far-flung airports. They can hold these governments hostage, as often the airports fail if they stop their se…

Can you explain more about how Ryanair refusing to fly to far-flung airports without a subsidy is an externality?
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