Uber and Airbnb Alumni Fuel Tech’s Next Wave • Hacker News Board

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#11

Post by ben_jones » Sun, Mar 17, 2019, 7:08 PM UTC

rco8786 wrote: post #6

matchbok wrote: post #3

Ah yes, "innovation" in skirting regulations as AirBnb does. Harming local communities and extracting wealth in the name of "tech disruption".

Its easy to be cynical. It’s harder to recognize that any significant societal change is going to come with some identifiable downside and that those downsides aren’t automatically a reason to not make the change.

That is such a slippery slope. How do you distinguish between painful societal change that will actually produce long term benefits versus painful societal change that is virtue signaling as good but really is lining the pockets of, ironically, Chinese and Saudi Arabian investors.

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#12

Post by dehrmann » Sun, Mar 17, 2019, 7:11 PM UTC

matchbok wrote: post #3

Ah yes, "innovation" in skirting regulations as AirBnb does. Harming local communities and extracting wealth in the name of "tech disruption".

I agree that Airbnb wasn't particularly innovative and didn't use technology in an interesting way, but they're not "extracting wealth." They're closer to an arbitrage play that takes advantage of, originally, surplus inventory, but now, price differences between hotels and apartments. The house rental market was also underserved before they showed up. It's not like OTAs offered home for rent next to hotels.

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#13

Post by JoeSmithson » Sun, Mar 17, 2019, 7:14 PM UTC

AndrewKemendo wrote: post #7

Perfectly encapsulated in this tweet: 18: Go to Harvard or Stanford for CS. 22: Work at FAANG companies. 25: Quit and raise millions for your startup. 26: Sell your company to a FAANG company/IPO 28: Join a VC firm, invest in people like you, and make predictions on Twitter all day. https://twitter.com/TheLexTimes/status/1105131411411886081

I understand this is off topic but does Netflix ever actually acquire startups?

They are a very different company to Facebook, Apple, Amazon or Google, I feel like they are bundled in mainly to make a cooler acronym.

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#14

Post by jameslevy » Sun, Mar 17, 2019, 7:15 PM UTC

JoeSmithson wrote: post #13

AndrewKemendo wrote: post #7

Perfectly encapsulated in this tweet: 18: Go to Harvard or Stanford for CS. 22: Work at FAANG companies. 25: Quit and raise millions for your startup. 26: Sell your company to a FAANG company/IPO 28: Join a VC firm, invest in people like you, and make predictions on Twitter all day. https://twitter.com/TheLexTimes/status/1105131411411886081

I understand this is off topic but does Netflix ever actually acquire startups? They are a very different company to Facebook, Apple, Amazon or Google, I feel like they are bundled in mainly to make a cooler acronym.

Or just a less offensive acronym.

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#15

Post by closeparen » Sun, Mar 17, 2019, 7:15 PM UTC

matchbok wrote: post #3

Ah yes, "innovation" in skirting regulations as AirBnb does. Harming local communities and extracting wealth in the name of "tech disruption".

Disrupting and extracting value from NIMBYs would definitely be on my personal “request for startups” list.

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#16

Post by [deleted] » Sun, Mar 17, 2019, 7:17 PM UTC

akhilcacharya wrote: post #2

It's interesting to see a credential effect here similar to universities. Which credentials are the most valuable then? Which company as a new grad is most similar to Stanford, MIT?

[deleted]

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#17

Post by pdog » Sun, Mar 17, 2019, 7:19 PM UTC

AndrewKemendo wrote: post #7

Perfectly encapsulated in this tweet: 18: Go to Harvard or Stanford for CS. 22: Work at FAANG companies. 25: Quit and raise millions for your startup. 26: Sell your company to a FAANG company/IPO 28: Join a VC firm, invest in people like you, and make predictions on Twitter all day. https://twitter.com/TheLexTimes/status/1105131411411886081

I don't get it. Should highly capable people not pursue a lucrative career path?

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#18

Post by sharkweek » Sun, Mar 17, 2019, 7:25 PM UTC

JoeSmithson wrote: post #13

AndrewKemendo wrote: post #7

Perfectly encapsulated in this tweet: 18: Go to Harvard or Stanford for CS. 22: Work at FAANG companies. 25: Quit and raise millions for your startup. 26: Sell your company to a FAANG company/IPO 28: Join a VC firm, invest in people like you, and make predictions on Twitter all day. https://twitter.com/TheLexTimes/status/1105131411411886081

I understand this is off topic but does Netflix ever actually acquire startups? They are a very different company to Facebook, Apple, Amazon or Google, I feel like they are bundled in mainly to make a cooler acronym.

I don’t get why Microsoft isn’t one of the letters. I get that it needs to be easy to say but still.

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#19

Post by jayd16 » Sun, Mar 17, 2019, 7:26 PM UTC

jameslevy wrote: post #14

JoeSmithson wrote: post #13

Earlier quoted context omitted.

I understand this is off topic but does Netflix ever actually acquire startups? They are a very different company to Facebook, Apple, Amazon or Google, I feel like they are bundled in mainly to make a cooler acronym.

Or just a less offensive acronym.

How about AFGA, then.

Re: Uber and Airbnb Alumni Fuel Tech’s Next Wave

#20

Post by baxtr » Sun, Mar 17, 2019, 7:29 PM UTC

sharkweek wrote: post #18

JoeSmithson wrote: post #13

Earlier quoted context omitted.

I understand this is off topic but does Netflix ever actually acquire startups? They are a very different company to Facebook, Apple, Amazon or Google, I feel like they are bundled in mainly to make a cooler acronym.

I don’t get why Microsoft isn’t one of the letters. I get that it needs to be easy to say but still.

How about FAMANG?