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I know a few people who signed up for coinbase and bought Litecoin because it was the cheapest per arbitrary unit, without doing any reading on what differentiates it from Bitcoin or Ethereum. I've also seen similar attitudes towards more fringe coins.

I'm not old enough to remember the dotcom bubble but I wonder if things like pets.com benefitted from people conflating its potential to that of ebay or amazon.


a suspicious number of people seem to have signed up just to comment here...


Signed up to support Jason as he supported us. To be honest I hadn't even heard of this forum before.


It's pretty weird.


I wonder if they would build a monetization API for mods, with an app-store-like cut of all money going to Reddit. It seems like they have too much work for a rational person to do for free. It also makes sense for all subs to have the different revenue strategies, since they're all so different.


This might be an easy and cheap option (I'm assuming you can dual boot these with Windows) to have a PC to go with an Oculus Rift.

I'm a Mac user and don't really want to buy or build a gaming rig just for VR. This is an interesting option that seems to meet the Oculus recommended specs.


Syber's "Steam Machine X" is the only one which meets (or rather, exceeds) the Oculus Rift recommended specs. The critical component is the GPU, and Oculus recommends a GTX 970. This one has a 980.

At $1419 it's quite fairly priced for the components it includes (just check logicalincrements.com), but I wouldn't really call that cheap.


yeah that's pretty pricy. I didn't look very closely at the prices. The low end ones are basically laptops!

I still wish there was a generic off-the-shelf computer that everyone agreed was best for VR. I'm not a gamer and don't have the time or interest to build something just for Oculus. I'd be willing to pay a little bit extra to have the comfort of knowing other people will be troubleshooting the same problems I'm having on the same hardware.


PS4 and Morpheus (when it comes out).


The Syber machines are configurable, though, so you can grab the midrange one and upgrade it to a 970 for a few hundred dollars.


They look like they only take half-height cards - apparently they do sell half-height 970s but you'll have a better selection of cards with a larger case.


It's a bit early to say whether these are compatible with the Oculus Rift, but it's a near certainty that they will be compatible with the HTC Vive, given Valve's involvement there.


Easy, maybe. Cheap, no. You're paying for the brand, the flashy case and parts that fit a smaller form factor (the Alienware machines are using laptop GPUs instead of desktop ones, I am not sure they would support Oculus at all). Cheaper just to assemble it or buy a gaming PC that isn't constrained to the HTPC form-factor.


Not to mention the streaming device gives you the option to run the actual PC in another room, where the noise won't be so much of an issue.


I don't think any of these meet the minimum Oculus specs. You need a GTX 970 which costs like 75% of the entry model


I'm in the exact same situation and completely agree.


wow. I love pmarca's Jerry:Newman comparison, but with Gurley's portfolio as impressive as it is, maybe George Costanza:Lloyd Braun is the better Seinfeld analogy


I'm not sure that you can look at their revenue the same way you'd look at the monthly recurring revenue of say, a SAAS company. I've never used any dating services personally, but I imagine the goal is to find someone you like as quickly as you can and then stop paying for it. It might be expensive to constantly acquire new customers, especially early on in the company's life.

I do agree with your general point though. The vast majority of businesses don't take/need any VC funding.


Agreed on the book. It's great.

Another one of my favorites on this topic is this scene from Paprika:

http://youtu.be/e9xD_YYZrbA?t=23s


Yup.

Number of cabs in NYC: ~14,000 (population 8.5 mil)

Number of cabs in Seoul: ~70,000 (population 10 mil)

Uber complains about regulation all the time, but I feel like much of their market was created by the same bad policies it rallies against.


The Overall Taxi experience (or all of public trans for that matter) in Seoul is much, much better & cheaper than anywhere in the US. It's usually pretty easy to catch a cab, and when you can't you can get a "call taxi" and have it arrive in a Uber-esque time.

I'm not sure if anyone in Korea would pay the premiums that people pay in NYC/SF, especially if taxis get a comparable app.


Yeah, the taxi service in Seoul is among the best I've ever experienced (if you can get over the language barrier and sometimes grumpy drivers). Fast, cheap, ubiquitous. Several tiers of service, bullet taxis, company taxis, self-owned, deluxe.

For some tiers, drivers have to have 5-10 years of accident free driving - in Seoul that's remarkable.

Here's an example fare: $2.50 to pickup and go 2km, about $.70 a km after. Gangnam to Gyeongbokgung palace (across most of the city and over a major river) will run you about $15.

A trip from Brooklyn to Harlem, about the same distance and complexity, is likely to run $30-40. Uber will run you $40-50.


Just curious, how much does a McDonald's Big Mac cost in Seoul?


A big mac meal in Seoul runs about $6. I think the sandwich is about $4. I wouldn't know offhand since I've only ever eaten once at a McDonald's in Korea, and that was 8 years ago.

Here's a relatively good list of costs in Korea.

$1 ~ 1,000 Won.

http://www.eslsouthkorea.net/cost-of-living-in-korea.html


Something interesting that I found was that in different cities, the price proposition changes.

For example, in London, Black Cabs are generally considered decent but expensive, so Uber is priced cheaper than black cabs, but slightly more expensive than mini cabs.

In Delhi, the prices are far higher than anything you can hail on the street, but cheaper than calling a town car service.


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