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[sportsgeekonomics]

A reminder of what Judge Wilken did, and didn’t, say

People really don’t understand the ruling in the O’Bannon case.  I’ve heard dozens of people describe it as being a mandate that all schools start paying their athletes $5,000 in deferred name, image, and likeness (NIL) payments as of next year, unless the ruling is overturned.

Let me try to be super-clear about this.  Judge Wilken’s order requires no school to do anything it doesn’t want to do.  If Notre Dame wants to offer its recruits a scholarship to Notre Dame as it has in the past, and doesn’t want to offer to cover their cost of attendance (COA) and doesn’t want to offer them any NIL money, whether up-front or deferred, nothing in Judge Wilken’s order prevents them from doing just that.  The same holds for any other school.

Here’s what she said, with some ellipses and emphasis just to help you work through the verbiage.

Keep reading

[sawickipedia-blog-blog]

good summary of what the ncaa lost in the o’bannon trail

[rafer]

More Startup Debt Blindness

I’ve been doing a ton of work and speaking on Paid Acquisition of ecommerce customers. There are some great small companies out there who can turn $20 today into $60 in very small numbers of months. 

As always seems to happen, people with profitable variable cost models are raising equity because there are no good debt instruments. Of course, when I’ve offered debt instruments myself (usually rolling 90- or 180-bonds tied to specific receivables that would avoid a ton of dilution for the founders), they negatively freak out at any idea but handing their stock over to investors. #ignorance

[sawickipedia-blog-blog]

Economists see a pent-up demand for millennials to buy cars. I see a pent-up demand for boomers to get rid of them. Demographics, technology, and changing social attitudes suggest I am on the right side of this debate.

http://globaleconomicanalysis.blogspot.com/2015/03/driverless-cars-in-30-us-cities-death.html#BA1yL58tahZpqUHT.99

I hadn't thought about baby-boomers aging as the key driver for driverless car adoption but it makes a _ton_ of sense.

[sawickipedia-blog-blog]

And if you treat people a little better than the law—and the market—absolutely require you to, it can be good for your brand, your business, and ultimately, for your stock.

http://www.strategy-business.com/blog/Inside-Walmarts-Wage-Hike?gko=2ba2e

It's amazing how some companies realize the value of human capital and its ROI, while others so fail to see the forest for the trees.

[jayparkinsonmd]

If my kid can’t bring peanut butter to school, yours shouldn’t be able to bring preventable diseases.

Kim

Btw, only around 11 people in the entire United States die a year from food allergies, including peanut allergies. And in the last 8 years, 6,328 children in the United States have died from vaccine-preventable diseases.

(via jayparkinsonmd)

[peterspear]

Content without reach is like building cathedrals in the desert

Hamish Priest, of Dove global media innovation quoted by Les Binet & Sarah Carter. “Mythbuster: Budgets don’t matter” (via peterspear)

[peterspear]

Brands need to ditch the community ideology. Then invest in the parts of social media that are working: advertising, customer service, and data.

Darika Ahrens. Forrester. “Social’s future is not community" warc sub req’d (via peterspear)

[hopsandchops]

Gathering of Hops & Chops next Thurs, Oct 16

It’s been too long — I (Dave) am in Seattle next week for a few days, so I’d love to catch up with folks.  Stop by and enjoy a beer or 3 at Auto Battery next Thursday (Oct 16, 2014).  Will likely be there in the 6-8pm timeframe, give or take an hour!

[sawickipedia-blog-blog]

In reality, anti-inversion legislation, at least as currently proposed, is likely to turn U.S.-based multinationals into hunted prey, selling out to foreign rivals. The proposed legislation basically draws up a roadmap for activist investors and foreign companies, showing them how to get access to the overseas cash of U.S. companies by buying them up and moving their headquarters out of the country.

http://www.progressivepolicy.org/issues/tax/anti-inversion-legislation-boomerang-bill/

[peterspear]

But the part it gets wrong is that if you look at who actually works in Silicon Valley now, the geek contingent - the stereotypical socially awkward hackers - is no longer the dominant phenotype of SIlicon Valley. Now it’s people who are well adjusted, good looking graduates of elite institutions. It’s gone from weirdos in pocket protectors to the guys who used to go to Wall Street. I talked to one guy who’s a former Goldman Sachs guy who left to go to the tech industry who said the adage in the tech world now is “be wary when the pretty people show up.”

Kevin Roose. “How Wall Street recruits so many insecure Ivy League grads” (via peterspear)

Todd's Take: If I'm in tech startups, then the pretty people have far from taken over yet thankfully #toofat #totaldork #cantdress

[pointsnandfigures-deactivated20]

The Midwest cannot rely on coastal VCs to build the startup community here. They get enough deal flow right where they are. The only reason for them to come to the Midwest is to cherry pick the best deals. If the Midwest is going to have a sustainable startup ecosystem, the money has to come from the Midwest high net worth individuals, Midwest family offices, Midwest pension funds, Midwest corporations, Midwest fund of funds and banks.

Levering Up The Buggy Whip Factories http://pointsandfigures.com/2014/06/27/24338/ (via pointsnandfigures)

this is exactly right

(via fred-wilson)

Try for any region

[rickwebb]

Lego Star Wars Epsode VII read through.

[rafer]

Rafer sez: Photography is finally building the commercial footprint that a bunch of us fogies dreamed about, and the investment world is jumping in to figure it out. Per Instagram and Snapchat, photos have been a fabulous distribution loss leader, but profit is on the horizon. Ubiquitous imaging is about to change the world even more than phone cameras did. I spent a lot of the ’90s on mobile imaging when the phones were still too far from reality. No one could yet make money or even gain distribution. Just 15 years later, Neuromancer is about to show up. Molly Millions might just get her specs this decade. 

While the most visually dramatic apps are still the vertical ones, like APX pictured above, the every day uses are coming. Last year, a pal of mine tried to ship an iPad app that let you point the camera at a pile of Ikea parts and it would highlight the which hole to address with which screw.  Google is getting into the act at an industrial level with a new tablet prototype.

Much as Gibson feared when he wrote Neuromancer, Molly’s eyepieces might well respond to OK Google, Hello Amazon, or FML Facebook. The open source stack for smart mobile and wearable devices has not emerged. History tells us the open stack emerges once the hardware commoditizes, but that’s a nervewracking, decades-long wait. I’m encouraged that open commoditization is happening already in Google, Facebook, and Amazon’s clouds, but I might be rationalizing.  

While we’re waiting, advertising, and ecommerce are going to be footing the bill for whole visual communications shebang. Photo ads will matter on Pinterest, Instagram, and far across the mobile internet. The first real discussion of the challenges and opportunities of profitable businesses in this sector will be at Vision Summit in NYC next week. The guy putting it on — Evan Nisselson — of LDV Capital is an incredibly focused seed investor in imaging, and he’s put together a great day. 

Get to New York next week.

[sawickipedia-blog-blog]

(via High-Rise Apartment Buildings Sprout in Downtowns Nationwide - WSJ.com) "It's the Manhattanization of America and it's happening in cities that never had rental high rises," says Mark Humphreys, chief executive of Dallas-based Humphreys & Partners Architects, which specializes in apartments and condominiums. Todd says: Great data for the urbanization trend in America

[bijan]

This morning Governor Deval Patrick will make it clear he is seeking an end to employee non compete agreements in our state*

Employee non compete agreements are not enforceable and are deemed illegal in California. Yet the opposite is true in MA. They are used and enforced. And because of this they...

[hopsandchops]

Come bid Daryn good tidings as he heads off to Porch — we’ll be gathering for a pop-up Hops & Chops on Tuesday, April 15 at Auto Battery.  Come by any time after 6pm — we should be there til 8ish. 

[sawickipedia-blog-blog]

Romans had very few first names, so they started numbering their kids. Hence Tertius, Quartus, Quintus, Sextus, Septimus, Octavus, and their various diminutives. So you might have brothers that are numbers. In other words, if Gaius Iulius Caesar had had legitimate male offspring, the first would have also been Gaius Iulius Caesar, the second Secundus Iulius Caesar, the Third Octavus and so on. This gets confusing when someone like like the fictional Quintus Iulius Caesar has children. His first born son will usually be Quintus, but will his second be Secundus? No, he may be Sextus. However, if there is already a living Sextus Iulius Caesar, you may go with a diminutive, such as Quintillus, or you may cherry pick a later number out of order, such as Decimus. None of this applies to women. Their father's last name became their first name. Thus, Gaius Julius Caesar had a daughter, Julia. (What looks like a Roman middle name is actually the last name to our mind. Nobody called Caesar Caesar. He was known to his friends as Gaius and the public Iulius. The Caesar was appended from time to time to distinguish him from other people with last name. ) Ocatavianus had Octavia. Agrippa had Agrippina (the elder). She was a complete and total nut job - crazy as loon. Second and third daughters often had exactly the same name as their sisters, with a nickname that honors an ancestor appended. The second they were married, their first name was their father's last name and their last name was their husband's. In this way most Roman names live on today as women's names. Julii family, aside from having one son named Gaius Iulius Caesar, had many, many daughters named Julia. Thus Claudia, Amelia, Octavia, Melissa, and their associated names like Julie and Emily are with us today, particularly among folks whose native tongues are Romance Languages. For the boys, we get Trey and Quin. A fifth. A cokehead named after a bottle. Go figure.

A quote from a college buddy who is a high school classics teacher. 

#youlearnsomethingneweveryday