81–90 of 107 posts
Curious: What does the day-and-night-iPhone reference mean? [Edit: Genuine thanks for the explanation everyone, but boy am I sorry I asked.]
http://www.vanityfair.com/culture/my-phone/2013/03/dave-mori...
Earlier quoted context omitted.
I think that's actually the point of the piece: David is so focused on product that he doesn't want to deal with things like operations or revenue that the deal makes sense. Yahoo will take care of those things, and David can focus on the only thing he cares about, product.
This seems disingenuous to me. A key part of creating a great "product" is that it continues to support itself. Having a great product without having some sort of a revenue stream isn't being hyper-focused - it's being negligent. Congrats to David on everything, but it seems very odd to try & separate "product" from the revenue that it should generate if it's going to be a business.
Let me rephrase your sentence that makes more sense to me: A key part of creating a great "business" is that it continues to support itself.
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.
For a helicopter, you need a hangar, a pilot, regular maintenance, insurance, fuel/oil as well as membership/pad fees if you actually want to fly anywhere besides airports. You could do a small helicopter for $200,000-$400,000 and then about $30,000-$40,000 a year in recurring costs before pilot, fuel and oil. You can expect $300-$400 per hour of flight time. If the 10 million is invested and has a return of 4% annua…
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That actually makes me more wary of reddit than tumblr. For others, the llinked-to reddit seems to be mostly about laughing at and sometimes harassing people on tumblr that have pride in alternative lifestyles or viewpoints.
Yes this seems like one of the anti-feminist 'men's rights activists' type subreddits.
Earlier quoted context omitted.
For a helicopter, you need a hangar, a pilot, regular maintenance, insurance, fuel/oil as well as membership/pad fees if you actually want to fly anywhere besides airports. You could do a small helicopter for $200,000-$400,000 and then about $30,000-$40,000 a year in recurring costs before pilot, fuel and oil. You can expect $300-$400 per hour of flight time. If the 10 million is invested and has a return of 4% annua…
"if it flies, floats or fornicates, in the long run its cheaper to rent it"
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.