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How to proceed when you run out of cash, but you still believe?

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Re: How to proceed when you run out of cash, but you still believe?

#14
post #7
post #2

That’s an interesting article. To me, that company should have been really valuable and done really well especially in the retail clothing industry. I wonder if it’s more luck and connections than anything that has to do with product when forming a company

Who you know, luck, being in the right place at the right time are MAJOR components of success in life. Infinite number of equally talented people in this world, without the right path.

This comment showed as burried for me, which I find odd.

Re: How to proceed when you run out of cash, but you still believe?

#15

Earlier quoted context omitted.

https://www.technologyreview.com/s/610395/if-youre-so-smart-... (If you’re so smart, why aren’t you rich? Turns out it’s just chance.)

Wow, thanks for ruining my life But seriously. That...feels true. But rather than waiting for things to happen to me, what happens if I go out and expose myself to more events where the dice of fate can be rolled for an outcome in my favor (or against)? Am I manipulating luck that way?

Networking, experiencing new things will ABSOLUTELY increase your chances of being successful in life. I've lost count the number of times I've met someone who led me to bigger things at a party/night out that I initially didn't really want to go to. No matter what it is, no matter how comfy that couch, go meet new people. Best way to advance.

Re: How to proceed when you run out of cash, but you still believe?

#16
post #9

Looking at the technical bits, I can't help but feel that you've failed to communicate it well. Case in point, the caption for the edge detection image of the girl: > “…providing interactive access over a worldwide computer network to the plural fashion images, together with access to the fashion data for the fashion items in each of the plural fashion images and the information linking to the vendors of the fashion…

Yes you are right, it is an excerpt from one of our patents. I completely agree that it is very confusing as a caption, and I've taken it out. Doing it in a hurry didn't help. Thanks for the heads up.

Re: How to proceed when you run out of cash, but you still believe?

#18
post #13

I have some criticism of the idea, actually. As someone who doesn't think they have good taste in clothes, I would not use this. I would want to upgrade my wardrobe and improve my style.

It seems like this idea could also achieve that by providing some kind of union of two taste-graphs. I'll input my wardrobe, then select from a set of pre-uploaded designers, and the algorithms can recommend clothes for me to purchase that are inspired by both my taste and the designer's.

What would be neat is if this system could automatically mine the taste graph from historical photographs pulled from social networks and the like, without effort on the user's part. (For example, everything you've uploaded to common social networks, or everything in your phone - if you choose to provide them)

Re: How to proceed when you run out of cash, but you still believe?

#19
post #14
post #7

Earlier quoted context omitted.

Who you know, luck, being in the right place at the right time are MAJOR components of success in life. Infinite number of equally talented people in this world, without the right path.

This comment showed as burried for me, which I find odd.

Did it fall under a certain upvote/downvote threshold or something? It was the sane for me.

Re: How to proceed when you run out of cash, but you still believe?

#20
post #3

It seems like telling the world you are dead in the water gives the upper hand to an acquirer here right?

As long as there are multiple acquirers, the auction may approximately-fairly-value the company.

They make the case that they have talent, domain-knowledge, and patented IP. The company may be out of cash, but it is not intrinsically out of the fight, so long as cash can be made to appear suddenly.

Furthermore, any acquirer would be able to see the company's books, removing any information-asymmetry on the free-cash point.

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