I believe startups should implement levels once you hire 2 engineers. It's hard to retrofit a system, especially if you're trying to be thoughtful about any pay imbalances.
I've spent a good amount of time on oil wells, and this was always obvious. Methane passively leaks from the ground of most wells, and is usually related to the quality of the cement reinforcements. There is no real incentive for oil companies to use higher quality materials.
Bitcoin is an amazing wedge to install distributed solar and storage throughout the nation. Right now, utilities and governments make it hard to monetize these assets, and bitcoin provide an easy alternative.
This builds the supply chain and labor force that are needed to perform a full clean energy transition. I don't have a strong opinion on cryptocurrency, but I have a strong opinion on energy supply chains.
Plug: I'm building https://cryptoclean.energy/ with this exact thesis. Check it out to get a renewable energy system for your mining rig.
This idea has been tried a few times. There's a fairly liquid market for the resale of oil and gas wells already. There is also advanced software packages for analyzing the data. If the angle is exposing retail investors to these assets, it'll go as well as $USO.
Founded rigup.com to try address this issue. Improving the quality of the cement casing is a huge factor, along with hiring competent workers and scheduling inspections.
It all comes down to creating financial incentives. IIRC, Obama's proposed fracking regulation (that most presumed Hilary would run with) called for regular visits of sites. Sadly it never passed.
Most VCs will mandate founder equity to vest over 4 years. They must be actively employed for it to vest, so since he's stepping down and resigning from the board, I guess he'll lose what he hasn't vested.
I think Yelp is missing proof of identity and proof of patronage. It was created before social media took off, and before you could reliably know if someone had been somewhere.
I don't know if you need both, but proof of patronage alone might not be enough to trust a review (See Amazon verified purchases).
Twitter, LinkedIn, GrubHub, and Yelp all had decent quarters, and yet they all reported tepid outlooks. When they're in such disparate industries, how did they reach this consensus? Shouldn't this be reflected in the broader economy somehow?
The article assumes that car batteries will feed into the grid. Tesla seems to think that won't be the case, car batteries need to be secured against harsh outdoor conditions and have tougher charge cycle limits.
Sorry, I should have said "pseudo-anonymous". At least in Secret, I can see how many degrees of separation I am to someone via our phone address book. I've since edited the original post.
It's anonymous enough that you don't feel the consequences of making a FB status update that no one comments on, but with enough identity to not be creepy.
I've never used WUT, but was intrigued by the anecdote at the end: "Sun’s out; in Washington square park. Who’s around?”
I've seen tons of apps that try to solve the "I want to hang out" problem. They all fail because cool people don't use those apps. Psuedo-anonymity can potentially solve this.
Some tried to do anonymous matching, but those had cold-start-network-effect problems. Psuedo-anonymous social networks might be able to back into a solution by attracting early adopters with their "gossip network" use case.
This reminds me of how Facebook backed into essentially being a status, photos, and events platform when it started life as a networked address book.