@patc I was making this argument just the other day. People want a vehicle that they can hose out after taking the dogs out to thousand acres!

Hat tip to @tinker for letting us know about https://freedge.org/ , a network of community fridges for sharing food and reducing food waste.

@kithrup @jaykuo I would not be shocked to find out he did this but I cannot find anything that collaborates this story either.

https://m.youtube.com/@americanmedicalassociation/videos

#newspeak

@zigong Thanks for this. Introduced me to some new things like @gancio and @service both of which seem really cool.

The Counterforce Guide to #Mastodon and The Fediverse (for #punks

https://the-counterforce.org/guide-to-mastodon-fediverse/

#Fediverseguide

@realTuckFrumper Don't gas prices seem to drop every election year right before the election?

@abarker The more I have thought on this though, the more I think this isn't optimal either. Once you IPO, you are still held to the whim of the shareholders vs what might be best for the company, customer or public in general.

@abarker

That seems like such a reasonable outcome. I wonder how/what can be done to make this a more desirable outcome so that we can see more of this.

The Founder thinks the investors believe in their Vision, but time and time again, the Investors run a company into the ground once they have extracted their value.

What can we do to change this?

What can we do to create startups that actually provide value and have long term life spans? Why isn't 8% Year over Year good enough?

end\

The more I think about that, the more I realize that what the Investor wants is 5 - 7 years of incredible growth, so they can extract their value from the company and then it seems like they hang it out to dry.

Long term health of a startup means they are losing money. Peoples dreams, careers, livelihood. None these are part of their investment strategy.

5\?

The Investor so far as I can tell, usually just wants to make money on their investment.

Given that most could probably invest in an index fund to get 6%-8% growth year over year at a pretty low risk, I can only assume they are looking for 10% -15%+ growth on their investment.

Why would they take on the risk involved with a startup for profit they could make in the market otherwise at a much lower risk?

4\?

This seems like it would go in one of two directions to me.

A): A long term business that can continue to be profitable Year over year into the forseeable future (think Coke or something)

B) A business they can sell (or Exit in the parlance) and get out with a large sum of money.

Either of these options seem like suitable motivation to encourage someone to work non-stop for years in high stress.

The motivations of an investor however seem at odds with this......

3\?

The Founder....

Hopefully our bright eyed founder has an idea and a dream. If we can all be so lucky.

I'd like to think that the founder's dream is to create something that provides a societal good to the world.

More realistically, they probably want to disrupt X so they can make money.

2\?

I've been thinking a lot recently about how "startups" are funded. The more I think about it, the more idiotic it begins to feel. It inherently seems to me that the objective of an investor is completely at odds with the founder.

1\?

Do you have a book that you are currently reading? (To qualify, it has to be a book - physical, e-book or audiobook - that you have read within the past 3 days.)

Give this a boost, if you don't mind. It'd be nice to have lots of respondents.

@grumble209 @TonyStark this is why I think we need ranked choice voting.

@lamp BSON maybe?

https://bsonspec.org/

@grumble209 @TonyStark

Not a fan of any of the candidates, but I will be voting for the one that I have no doubt, will leave when their term ends. peacefully....

I don't care if my favorite candidate ever was running, if I didn't think they would participate in a "peaceful transition of power" I would never vote for them. A person that can't be trusted to continue to follow the will of the people.... can't be trusted with anything.