Earlier quoted context omitted.
Sure. Tbh, I didn't really want this comment to be an opportunity to pitch my company or make it too specific about our solution as there are many different types of solutions, categories and problems that could use innovation capital that are second in line. flair.co is us. We have taken money from investors, those that aren't afraid of energy problems, that aren't afraid of energy efficiency, and that invest in mea…
Your post still reads like marketing-speak — it is not immediately clear how you differ from other home builders. Anyway, I’m not really sure the point of your criticism of VCs. That you eventually found investors is good, but your grouse is that you don’t have prominent venture capitalists among your investors? Venture Capital, by definition, has a different appetite for risk than private equity for instance, so it…
It’s Time to Build
921–930 of 1001 posts
Re: It’s Time to Build
#922Earlier quoted context omitted.
The first official case was in March. The actual first case was at the beginning of January. The shelter in place order means the city failed to anticipate and acted when it was too late. Like the rest of the Western world.
No. San Francisco was the first to act, and put pressure on the rest of the Bay Area to follow, and subsequently California. If SF didn't act first, who knows how long it would have taken for other politicians to have the "courage" to put in such draconian, but effective, measures. As far as I'm concerned, London Breed saved tens of thousands of lives in the Bay Area alone, and I hate her politics.
Re: It’s Time to Build
#923>Every Western institution was unprepared for the coronavirus pandemic, despite many prior warnings. This is simply not true. In Australia, New Zealand, and several European countries institutions did act fast enough and did manage to flatten the curve. Go take a look at Australia's epi curve [0]. It is flat. Our case load has peaked, there are less Australians in hospital with Covid19 today than a week ago. There is…
Re: It’s Time to Build
#924Earlier quoted context omitted.
> I heard a few years back that a US health insurance startup had to provide on the order of 6000 pages of documentation to be approved. No wonder that there hadn't been another provider for twenty years or so. It seems like some things are hard to build mostly because some people want it that way. Very often regulation starts lean, then inevitably some assholes take advantage of it to their profit, so the regulation…
I think the single biggest roadblock to building new things is regulation. How do we eliminate most regulations, and simplify the rest to fight off regulatory capture? What if we had a github for laws and required that anybody who worked on a law use their real name and if they were paid by a company they had to list how much?
Financial regulation is mostly about stopping people from selling dodgy investment schemes that are some variant of Ponzi.
Health and Safety regulation is mostly about stopping people from doing stupid things that might kill them.
FDA is about stopping Snake Oil salesmen. And y'know, making sure the drugs we're sold don't make us worse.
You can see it coming in the Cryptocurrency world - people lose money on stupid bets and then feel that someone else should have done something to stop this. Someone being the regulatory agencies.
So what would a solid set of regulations for crypto look like? What process would you devise that would result in a set of rules that prevented most of the crooks from profiting from their crookedness, while allowing honest folks to make some money investing in crypto?
Re: It’s Time to Build
#925When Silicon Valley embraced Wall Street, you signed your own death warrant, and basically said F* disrupting the status quo.
You can't possibly try to make this message politically agnostic and sound genuine (or informed).
Re: It’s Time to Build
#926> ... The things we build in huge quantities, like computers and TVs, drop rapidly in price. The things we don’t, like housing, schools, and hospitals, skyrocket in price. What’s the American dream? The opportunity to have a home of your own, and a family you can provide for. We need to break the rapidly escalating price curves for housing, education, and healthcare, to make sure that every American can realize the d…
We don't build TV's and computers. Other countries do. We do build hospitals/housing/schools. Maybe if we imported slave labor like say, Dubai, it'd be cheaper to build things.
Yes, and most of these were also built by slaves or people in slave-like conditions. It's incredibly easy to build things when you have nearly free labor.
Re: It’s Time to Build
#927Earlier quoted context omitted.
In San Francisco, at least, YIMBY is the organization that is organized around ending regulatory capture in housing, and The Neoliberal Project (in SF YIMBY Neoliberal) is organized around broader dismantling of regulatory capture. We mobilize people in support of reform-focused politicians and have even started running our own (Sonja Trauss in 2018 and myself in 2020). Happy to talk more about it -- steven.buss@gmai…
In order to fix regulatory capture at the structural level you have to fix campaign finance in the US. It's the only way.
What campaign finance reform would solve regulatory capture, because low contribution limits isn't helping.
Re: It’s Time to Build
#928Earlier quoted context omitted.
In San Francisco, at least, YIMBY is the organization that is organized around ending regulatory capture in housing, and The Neoliberal Project (in SF YIMBY Neoliberal) is organized around broader dismantling of regulatory capture. We mobilize people in support of reform-focused politicians and have even started running our own (Sonja Trauss in 2018 and myself in 2020). Happy to talk more about it -- steven.buss@gmai…
Thank you for the work you do! Zoning is the new redlining. This generation has to fight for the right to affordable housing and economic opportunity.
Re: It’s Time to Build
#929Earlier quoted context omitted.
Thank you for the work you do! Zoning is the new redlining. This generation has to fight for the right to affordable housing and economic opportunity.
I find it interesting how affordable housing must be very near high economic opportunity. Seems to me it's a fight for convenience too. They built Las Vegas in the desert to avoid restrictions, what's preventing this generation to build new cities? The whole Covid problem will make quests to increase population density more difficult. But perhaps will also spread opportunities around, or move them online, so this zon…
Being able to live near high-income jobs is the most direct path to the middle class in America. If we want people to not live in poverty, then it makes sense to subsidize their access to opportunity. That means subsidizing education and housing.
I've had fun nights talking with friends about starting a city. It's really fun to think about how we'd design the city to maximize opportunity, but there's no getting away from the value an existing city provides. Fixing a city with already high opportunity is just fundamentally cheaper than starting a city from scratch. All we need to do is win a few elections -- we're talking less than $100MM. A new city that is aiming to compete is a $100B+ project.
As engineers we often think the best way to fix something is to build a new version. But this is rarely true in institutions. Think of governments as legacy systems: they've been built up over time and have a ton of hacks keeping it running. Think of Spolsky's generally good advice: "Don't rewrite code" https://www.joelonsoftware.com/2000/04/06/things-you-should-...
It is easier to fix an old and broken system than to replace it wholesale. Let's focus on fixing government instead of replacing it.
Re: It’s Time to Build
#930Earlier quoted context omitted.
Right. Which is similar to what I think will end this recession/depression: a vaccine. Now I would ask which path would have us coming out of this current crisis stronger: 40% of GDP spent on a “New New Deal” or 10% GDP invested in attempt to keep the status quo?
Alternatively, as we're seeing now, more and more people will ignore government orders until the election (at which point we'll see a huge change in tune from leaders), and go back to work. At some point, like in the past, people stop caring about diseases.
I doubt you will see the ruling class rubbing elbows with the plebs again until there is a vaccine, or at least very comprehensive therapeutics available.