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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)

#411

Post by concerned_user »

thaumasiotes wrote: post #409
Phillipharryt wrote: post #378

So I've actually done a fair amount of research on this speech, and there a few skipped points most times people report on it. Firstly the audience loved the jokes, they laughed at them all. It wasn't like he delivered them to stunned faces and immediate shock. The only thing that brought him down was a newspaper reporter noted it down and newspapers pushed it as an artificial scandal. Everyone buying 5 pound earring…

> it wasn't even the first time he had publicly made these sorts of jokes, in fact it wasn't even the first time they had been published in the papers. > This was entirely a newspaper driven downfall That first point is good evidence that the jokes weren't very responsible for what happened. But it seems like it's just as good evidence that newspaper coverage also wasn't very responsible. Why attribute it to the news…

Maybe different kind of newspaper? Like a tabloid compared to a respected paper, but that is just an educated guess, I don't know the actual story.

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

#412

Post by tcharlton »

7952 wrote: post #399
sprafa wrote: post #244

Earlier quoted context omitted.

Lol wtf? Only one airport is “in” london and that’s London City. Which is an expensive thing mostly made for bankers to go to Frankfurt etc. I assure you all those airports serve London. I live here

Yeah, I know it's just semantics. I have wasted too much of my time in delayed trains trying to get into London to believe that. And based on travel times you could add some other airports to that list of London Airports. Southampton Airport is faster to get to than Stansted or Luton for a lot of Londoners. And with HS2 BHX could probably change its name too.

London Ashford is closer to France. I wonder if the airport would close if the CEO admitted that...

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

#413

Post by fouc »

dredmorbius wrote: post #343
sharadov wrote: post #237

Earlier quoted context omitted.

Lululemon is genius, their quality is great, but the branding is even better! They revolutionized the exercise wear industry, were single-handedly responsible for "athleisure" and killing denim sales!

Denim killed denim. For a time, I could buy jeans that fit. That's now all but impossible. Skinny jeans doing much of that. Prices and fabric quality have gone, respectively, through the ceiling and floor. I'm approaching a decade denim-free, having broken in my first pair sometime in the 1970s.

I think the sizing issue is due to vanity sizing, a lot of brands label their denim jeans the wrong size. The so called size 36 or 38 are probably actually 38 and 40 respectively. A few international brands like Levi's don't seem to do vanity sizing.

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

#414

Post by rumanator »

wgerard wrote: post #149
rumanator wrote: post #127

Earlier quoted context omitted.

> Everyone understands that she may have been a victim in it. You believe Lewinsky was a victim of what, exactly? She might have been extensively mistreated by the press but that's it.

> You believe Lewinsky was a victim of what, exactly? Being pressured into a sexual relationship by her superior, who was by many standards the most powerful person on the planet at the time? Like, regardless of whether you believe that's true or not it's pretty obvious how people might arrive at the conclusion that she was a victim and why there's debate about it.

> Being pressured into a sexual relationship by her superior

That baseless assertion was excluded from the onset of the case, was never a realistic assumption, and since then this conspiracy theory was put to rest.

So, besides made-up nonsense, you believe Lewinsky was a victim of what exactly?

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

#415

Post by Scarblac »

skrebbel wrote: post #400

I've always been amazed at how important it appears to be to lie about selling crap. I find that invariably, businesses who compete on price make it iff they say it's good stuff, even if everybody knows it isn't. Eg Holland has a number of cheap shoe chains. Schoenenreus and Scapino both breathe an air of cheapness, and one went bust and the other is struggling bad. Their direct competitor Van Haren sells exactly equ…

> Their direct competitor Van Haren sells exactly equally crappy shoes, and everybody knows it,

I'm Dutch and I didn't know that. I don't buy shoes frequently enough to notice such things, so I might be fooled by their looks.

So the looks matter.

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

#416

Post by dirktheman »

clort wrote: post #408
skrebbel wrote: post #400

I've always been amazed at how important it appears to be to lie about selling crap. I find that invariably, businesses who compete on price make it iff they say it's good stuff, even if everybody knows it isn't. Eg Holland has a number of cheap shoe chains. Schoenenreus and Scapino both breathe an air of cheapness, and one went bust and the other is struggling bad. Their direct competitor Van Haren sells exactly equ…

> Their bread goes stale faster Interestingly, I wonder why this would be a metric of lower quality bread rather than higher? I mean, the obvious way to make the bread last longer would be to pump it full of preservatives, and the white stuff you buy pre-sliced in packs lasts for ages though it is not really bread and the quality is obviously low (or is it? The slices are so smooth, the bubbles so even and the crust…

French baguette by law can only consist of wheat, yeast, water and salt. Since there are no addatives, the bread goes stale pretty fast.

The same goes for supermarket bread vs fresh bread from the baker's: supermarket bread is better suited for freezing and thawing later compared to fresh bread from the bakery. The latter tastes much better, but has to be eaten the same day.

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

#417

Post by Scarblac »

Aeolun wrote: post #308
paulmd wrote: post #303

Earlier quoted context omitted.

Spoken like someone who can't comprehend living hand to mouth. Happiness is definitely a hockey-stick shaped curve, going from 1M to 10M is not going to make you happier, but someone who is making $100k is going to be far far happier than someone making $20k. The difference between scrabbling to pay your bills and keep the heat on, vs actually having some savings and free money for recreation, is absolutely massive.

I’m not so certain about that actually, I’ve certainly seen people making $20k that had more free money and recreation time than some people making $100k. Especially as regards recreation time. To be fair, making $20k was almost always a choice in those cases.

Yes, but then we're talking different types of people. Some people are just fundamentally happier than others, it seems.

On average people making $80k are happier than those making $20k, to a greater degree than when comparing $10M to $1M.

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

#418

Post by doyoulikeworms »

skrebbel wrote: post #400

I've always been amazed at how important it appears to be to lie about selling crap. I find that invariably, businesses who compete on price make it iff they say it's good stuff, even if everybody knows it isn't. Eg Holland has a number of cheap shoe chains. Schoenenreus and Scapino both breathe an air of cheapness, and one went bust and the other is struggling bad. Their direct competitor Van Haren sells exactly equ…

> but they are thriving, simply because the store feels like a proper high quality shoe store.

Shopping isn't just about the products themselves. It's also about the experience of shopping, wouldn't you say? If I had to choose between cheap + bad shopping experience and cheap + nice shopping experience, the latter would be a no-brainer!

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

#419

Post by pvaldes »

clort wrote: post #408
skrebbel wrote: post #400

I've always been amazed at how important it appears to be to lie about selling crap. I find that invariably, businesses who compete on price make it iff they say it's good stuff, even if everybody knows it isn't. Eg Holland has a number of cheap shoe chains. Schoenenreus and Scapino both breathe an air of cheapness, and one went bust and the other is struggling bad. Their direct competitor Van Haren sells exactly equ…

> Their bread goes stale faster Interestingly, I wonder why this would be a metric of lower quality bread rather than higher? I mean, the obvious way to make the bread last longer would be to pump it full of preservatives, and the white stuff you buy pre-sliced in packs lasts for ages though it is not really bread and the quality is obviously low (or is it? The slices are so smooth, the bubbles so even and the crust…

old bread dried and lasted much longer without any preservative. The difference is in the shift in production from manual to industrial. Less flour and more water and air means keeping the weight with less raw sources, more earnings for the producer, and more mold.

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

#420

Post by TMWNN »

skrebbel wrote: post #400

I've always been amazed at how important it appears to be to lie about selling crap. I find that invariably, businesses who compete on price make it iff they say it's good stuff, even if everybody knows it isn't. Eg Holland has a number of cheap shoe chains. Schoenenreus and Scapino both breathe an air of cheapness, and one went bust and the other is struggling bad. Their direct competitor Van Haren sells exactly equ…

>Eg Holland has a number of cheap shoe chains. Schoenenreus and Scapino both breathe an air of cheapness, and one went bust and the other is struggling bad. Their direct competitor Van Haren sells exactly equally crappy shoes, and everybody knows it, but they are thriving, simply because the store feels like a proper high quality shoe store.

Same in the US with Target and Walmart. They sell exactly the same discounted products, in giant stores that carry everything, to exactly the same customers, but Target has cultural cachet (both embodied and mocked as "Tar-jay"), while Walmart and its customers are mocked (if you're nice) and denounced (if you're not) incessantly. Somehow, the giant retail chain corporation based in Arkansas is seen as the embodiment of all that is evil with American business—to the point where San Francisco and New York City don't allow any within their borders—while the giant retail chain corporation based in Minnesota is seen as (relatively) hip and culturally/political acceptable enough to have outlets in the downtowns of said cities.

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