China doesn't just provide supply chain anymore. They are also a huge market now because of its growing middle class. China has money to spend and US companies need to tap into that market.
Team sized rooms are definitely the way to go. You can avoid conversation from other teams that you don't care about. When there is a conversation in the room, it's probably related to what you're doing so it's not necessarily distracting you.
I worked in a room with just my team and it worked out great. We were able to have discussions and draw stuff on white boards on the wall without distracting anyone else. It also helped with team bonding.
Taxi driver's attitude problems are the main reason why I wish uber would take over. I was in Vegas recently and got a taxi to take me ~0.8 miles. He was so sarcastic about how he was happy for me that it's such a short trip. I don't need any of that attitude when I hop in a a car. I have almost always had pleasant conversations with my uber drivers. Customer service is so important and it seems like uber got it right.
This is really big for developing sports related startups. Most sports related startups are doing fantasy. I'd love to see what comes out of this accelerator.
Purchasing the clippers will not decrease his net worth. Owning a major sports franchise especially one in a major market will always be profitable. You're guaranteed to turn a profit every single year. Gate tickets, TV contracts, merchandise, and profit sharing are all very good revenue source for a sports team. He also doesn't have to pay money to build a new arena because Clippers just pay rent to play at Staples Center.
Sports is one of the few businesses that will thrive under any economic condition. There will always be fans that shell out money to watch their team.
You don't have to tell him his idea sucks. Just go over the process of what he will have to do in order to succeed. Maybe once he understands the grind of starting a successful business, he will realize how much work and effort it really takes to start a startup.
I think Mt. Gox is doing this just so they can say they tried to help the customers. But at the end of the day, this call center won't really help much with helping people retrieving their bitcoins.
A lot of companies use this strategy. For example 24 hour fitness in my area offers a 3 year membership for ~$600 as opposed to paying $24/month. I was happy with my decision to pay monthly because I was able to switch to a new gym a year later.
Buying the bigger pizza only makes sense if you know you or someone else can finish it. If you buy a bigger pizza and don't finish eating it, you end up wasting money.
I read somewhere that snapchat is thinking about allowing users to replay 1 photo/video per day. They're pretty much telling everyone that they're storing these pics/videos with that feature.
I don't think there's a minimum. There's plenty of startups that were started by college students or even younger. As long as you're smart and know where you want to take your startup, you can succeed.