51–60 of 107 posts
Marco makes a lot of Steve Jobs comparisons in the write up, genuinely curious, did he work with Steve Jobs?
No, he did not. If you listen to his podcasts Marco's career is an open book. Basically, college -> unremarkable first job -> Tumblr employee nbr 2 -> Instapaper -> The Magazine.
I know very little about David Karp. But after reading this, I'm a bit surprised that he decided to sell Tumblr. The way Marco talks about David's disinterest in money, and his singular obsession with Tumblr, made me think he wouldn't even consider selling it to someone else. I'd be curious to hear his reasons for selling, as oppose to doing a strategic investment like Facebook did with Microsoft at one point.
"David would come in with a grand new feature idea, and I’d tell him which parts were infeasible or impossible, which tricky conditions and edge cases we’d need to consider, and which other little niceties and implementation details we should add." David was the lead developer or?
Earlier quoted context omitted.
An excellent Tumblr post breaking down that Vanity Fair interview: http://jesuschristsiliconvalley.tumblr.com/post/46539276780/...
I never caught the [case] thing. Amazing.
1. http://www.jackbacks.com/collections/parts/products/iphone5-...
The post says he won't make "yacht-and-helicopter money"... I think helicopters are cheaper than he thinks. On a billion-dollar acquisition, I can't imagine the near-cofounder having less than 1% (hopefully quite a bit more). This means at least $10M, which should be plenty for a helicopter. Maybe I'm reading his comment too literally.
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I never caught the [case] thing. Amazing.
In his defense, he probably said 'back' because he has a skin like this [1]. I wouldn't call that a case, either. 1. http://www.jackbacks.com/collections/parts/products/iphone5-...
Looks like you missed the best part.
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My sense is Marco is looking at the money in terms of: "how much yearly income can my money generate, and what kind of lifestyle would that be?" (kind of like thinking about a retirement account). In that sense $10M in savings is not enough to start buying yachts and helicopters assuming he doesn't want to blow all the money at once like a stereotypical lottery winner. More importantly, he makes it clear he'll never…
I think people who earn their fortunes through hard work are less likely to blow it like a lottery winner.
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I think people who earn their fortunes through hard work are less likely to blow it like a lottery winner.
Are you implying that he is predisposed to blow it like a lottery winner given the fact that hasn't worked there for years and was really just the beneficiary of luck and inflated valuations?
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Dock fees, fuel repair costs, insurance, and the salary for a licensed captain if your Yacht is over a certain size add up. Boats are not cheap. Even "small" (anyone with a automobile license can drive it) 40ft ones. My buddy's family owns a 45 ft Yacht and the joke at the harbor is BOAT = Break Out Another Thousand. Where they dock it they pay $10 per foot per month in dock fees which is cheap for the area. 5 miles…
Reminds me of the adage that a boat is a hole in the water that you throw money into.
"David would come in with a grand new feature idea, and I’d tell him which parts were infeasible or impossible, which tricky conditions and edge cases we’d need to consider, and which other little niceties and implementation details we should add." David was the lead developer or?
Idea/product guy.