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@jelpern-blog
The minute any of these new credit vehicles can show any level of repeatability and reliability, the hedge funds come in and provide the funding.
Marc Andreessen to Bloomberg Markets, explaining how sufficient stability allows a lending startup to develop leverage.
The idea that you can sit across the table from somebody and get a read on their character is just nonsense.
Marc Andreessen discussing loan officers gauging prospective clients through conversation, despite the fact that that’s precisely what he does for a living.
Business is not a product – it is people dealing with people so it’s important to stay close.
Mario Bouchard, CEO of Canadian in-building wireless network solutions company iBwave
The sight of a group of English people shoving a black Parisian man off a Métro train, while chanting with a horrible, knowing leer about being racists is hateful and infuriating, as it is meant to be. But it isn’t surprising because for decades this kind of thing has happened, continues to happen, and most troubling, appears to be happening a little more now.
Barney Ronay, in a sports column for The Guardian.
People who make history know nothing about history. You can see that in the sort of history they make.
G. K. Chesterton (via historical-nonfiction)
Young people are growing up in a safer environment and behaving more responsibly.
Jeremy Travis, president of the John Jay College of Criminal Justice
I’d do anything to do my bit for artistic freedom, including watching a buddy-movie comedy that stars Mr. Rogen and James Franco.
David Carr, on The Interview
We’ve got a financial system in the U.S. where California teachers have to protect their pension funds by hurting manufacturing in Ohio.
Suzanne Berger, professor of political science at M.I.T.
The IoT's potential may be hard to realize because it takes imagination to consider how products change once they are enabled. What's done with the data? What services does it create? What new products emerge from it? Are you now competing on price or services (or both)?
Patrick Thibodeau in InfoWorld, summarizing an argument by Michael Porter and James Heppelmann in HBR.
People think of all these perks, the free food, the flexible hours, as a sort of Gen Y invention, a deliberate extension of adolescence deep into the 20s. But it’s not really about that. It’s not even about squeezing extra code out of employees. It’s about fulfilling some platonic vision of how work should be: a tight-knit group of friends, pushing themselves to greatness.
Yiren Lu, on Silicon Valley's "Youth Problem."
If you are 50, no matter how good your coding skills, you probably do not want to be called a “ninja” and go on bar crawls every weekend with your colleagues.
Yiren Lu, on Silicon Valley's "Youth Problem." My wife points out that this frat culture could be turning women off from joining tech companies.
On Thursday, First Deputy Benjamin Tucker provided a broad outline of what officers would be taught in each of the three days. The program [includes street tactics ...] and presenting a “nonjudgmental” posture.
A New York Times article on the retraining of the NYPD following the failure of a grand jury to indict a New York police officer in the death of Eric Garner.
Remember ... the next time you hear “local, seasonal” is all the rage. We’re in the midst of a berry boom that has been made possible by farmers shipping berries all year, from whatever part of the hemisphere is the best place to produce them at that moment, to wherever consumers feel like having a fruit salad.
NY Times article, "Americans Are Eating a Lot More Berries. Here's Why."
This would be unparalleled, compared to almost any other intervention we could make in medicine. [... it] begins to show the positive effects big data can have, when combined with administrative health records."
Lt. Gen. Eric B. Schoomaker, a former surgeon general of the Army and a professor of military and emergency medicine at the Uniformed Services University of the Health Sciences in Bethesda, Md., on a new risk model the Army developed to predict which soldiers were most at risk to commit suicide.
[A few breakout technologies] don’t evolve in an iterative way, gradually gaining usefulness. Instead, they seem hardly to advance at all, moving forward in fits and starts, through shame spirals and bankruptcies and hype and defensive crouches — until one day, in a sudden about-face, they utterly, totally win.
Virginia Heffernan, writing about virtual reality headsets and in particular the Oculus Rift.
As soon as we start talking to the candidates about what our starting packages look like, the lifestyle questions about flip-flops and beanbags really start to go away.”
R. Martin Chavez, Goldman Sach’s chief information officer, on having to compete with tech firms for top engineering grads.
The world filters out the uncommitted. It’s not just entrepreneurship — it’s true about anything you want to do.
Andre Durand on persistence, as quoted by the NY Times.
