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Dog-walking startup Wag raised $300M, then things got messy

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Re: Dog-walking startup Wag raised $300M, then things got messy

#271

Earlier quoted context omitted.

Do you have any reading (books, blogs, etc) on this concept of reactive vs reflective thinking? I don't think I've ever seen it described this way and it nails a verbal description to something I've desperately tried to describe to myself and teach other people for years...

"Thinking, Fast and Slow" by Daniel Kahneman.

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Re: Dog-walking startup Wag raised $300M, then things got messy

#272
post #255

Earlier quoted context omitted.

Also Vatican City.

I was sticking to the ones known for being wealthy, otherwise I would have mentioned San Marino and Liechtenstein.

I think Vatican City qualifies as being wealthy af.

Re: Dog-walking startup Wag raised $300M, then things got messy

#273

Earlier quoted context omitted.

That’s another thing I never got about Saudi’s investments. To me the obvious strategy with all the money would have been to not invest in empty skyscrapers or foreign investments, but pick two or three areas in which you massively bolster research and investment in an area like solar energy. Investment would be local and you try to attract all to talent in the field for both fundamental research as well as to fund c…

Saudi Arabia has a problem in that its far larger than UAE and it is also the home of Islam. Loosening cultural restrictions might fly in Dubai, but I'm not sure the Muslim world would be as okay with the same happening in the country that hosts their most sacred site.

Why not? Most of the Muslim world is far less restrictive than Saudi Arabia. And even if they don't like some future loosened restriction there's nothing they can do about it.

Re: Dog-walking startup Wag raised $300M, then things got messy

#275

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I get that, but there are biotechs that can get funded on an order of magnitude of tens or hundreds of millions. If the Vision Fund with $100 billion can't make biotech investments work, who could? That's kind of my point; if Vision Fund at scale can't make risky investments work, who could? The only alternatives are the existing profit-machines like Google (Google X) or governments. I am also not the only one with t…

You are missing the point. Do you know anything about this industry? Biotech is not anything like your "traditional" tech companies, they operate in a completely different dynamic. It is not risky in the same way. It can take many years to realize that your proof of concept is a failure, and there's no "pivoting" like in the tech bro world. Are you prepared to realize that after 10 years and many millions of dollars…

If you continue to break the site guidelines, we're going to have to ban you. We've asked you about this multiple times already. Swipes like "LMAO", "you clearly have no understanding", "you are missing the point", "do you know anything", "you are completely ignorant", and so on are not ok here, regardless of how much you know.

I appreciate your informative comments to HN, but we need you to stop posting like this. It damages the community, which is fragile. Would you please review https://news.ycombinator.com/newsguidelines.html and fix this going forward?

Re: Dog-walking startup Wag raised $300M, then things got messy

#276
post #243

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This highlights something most devs don't understand. Product development is about developing a product not about writing code. All the choices we make should facilitate making a good product, writing good code is a side effect. In this metaphor the colour of the wall is equivalent to the product. The code is equivalent to whether the painters used brushes, pads or rollers or whether they used ladders or scaffolding…

> In this metaphor the colour of the wall is equivalent to the product. If that's the case, asking about the choice of implementation language sounds like asking about the spec.

It might be part of the technical spec but almost certainly not part of the product spec.

The end user does not care about the programming language.

Re: Dog-walking startup Wag raised $300M, then things got messy

#277

Earlier quoted context omitted.

uber has their own mapping. and no, it or google maps is decidedly not better than local knowledge.

> is decidedly not better than local knowledge. any proof? I will say it falls down w/ construction zones and road changes.

I generally swear by Google maps, but did notice that Google prefers to not take shortcuts. Just recently in Seattle area, Google would have me take I5 in traffic, while manually dragging a dot onto a smaller road would have the same Google tell me it's going to be 7-10 minutes faster that way. Then you'd remove the dot and it's back to I5, +7 minutes to driving time. I've seen similar cases before, including e.g. a slowww light next to my house you can avoid by driving, however slowly, down a residential street with 0 traffic. This is presumably because of the tragedy of the commons that would ensue if it directed people there.

Re: Dog-walking startup Wag raised $300M, then things got messy

#278

Earlier quoted context omitted.

Uber works because of the rider-driver matching, not the routing. Everyone has google maps.

Gig workers can replace tax drivers because of google maps...

Then, according to your logic, why does Uber even exist?

Re: Dog-walking startup Wag raised $300M, then things got messy

#279

These on demand - fulfilled by gig contracting platforms can _only_ provide value if there has been a big technological change that undermines expertise in a job. Uber works because of google maps knowing a faster route than even the 20 year veteran tax driver. There hasn't been a revolutionary technology in dog walking, just people who need cash but dont know pets. There hasnt been a revolutionary technology in groc…

For the gig economy, it is not about revolutionary technology, it is more about compound network effect. Basically, is adding (1000*n)-th unit to supply side of a 2 sided market place much more valuable, than adding n-th unit? In case of Uber, Lyft, Airbnb, any delivery service it is true. Having 10 drivers in your area make an app unseable for a rider and they need to seek other way of transportation, but having 1000 can be a game changer, it can make coverage and waiting time so convenient, that riders will always be able to use the app and will never want to seek another option. This, in it's turn, will feed back into the system, as drivers will always have work when they are online. On top of that, the market place takes upon quality assurance. If you did not like the delivery, you leave a negative feedback and move on.

In case of Uber, because of improvements in cars safety, reliability and easy of use, and navigation apps, it made it possible to reach that critical mass/density of supply to have a compound effect.

Apps like Wag will never have this, because dog walking is too personal. It's like cleaning, baby sitting, hair dressing. If you find someone that you like, you tend to stick with them. So if supply in your area growth 100x times, you still gonna use the same provider, because simple 5 start reputation system maybe fine for short stays or rides, but not adequate to match your personal preferences. Grocery shopping, on the other hand, can be commoditized. If you have a list of brands/suppliers you like, you don't care at what grocery store it was bought at and who delivers them to your doorstep.

Re: Dog-walking startup Wag raised $300M, then things got messy

#280

Earlier quoted context omitted.

JavaScript predates PHP by five years. 'Maturity' is a subjective quality in my opinion and I also think PHP is a hot mess. JavaScript is synchronous unless you specifically utilize its asynchronous parts. Asynchronous execution is possible with PHP

> think PHP is a hot mess. Have you used PHP in the last 5 years?

I wrote some PHP on Friday.
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