SoftBank expects $24B in losses from Vision Fund, WeWork and OneWeb

Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by tryptophan on Tuesday April 14, 2020 @04:20PM (#22870965)

Yeah, its insane to claim talent isn't orders of magnitude apart. I'm probably a better programmer than 99% of the population, but then I see those insane luajit or llvm people and realize I'm just another noob.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by adrianN on Wednesday April 15, 2020 @03:34AM (#22875443)

I think you're misunderstanding talent. You always have to compare yourself to people who invested an equal amount of time training the skill.

For example I go to the gym regularly (at least before the pandemic). I'm probably in the upper 10% of the population when it comes to strength. But compared to the regulars in the gym I'm below average.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by kortilla on Wednesday April 15, 2020 @04:11AM (#22875591)

Well if you take training time into account separately, then the “talent vs luck” comparison becomes even less meaningful.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by read_if_gay_ on Wednesday April 15, 2020 @07:49AM (#22876650)

Possibly your skill level isn’t talent + training but talent * training

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[dead]

Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by splintercell on Tuesday April 14, 2020 @05:50PM (#22871928)

> Are you saying they're all 10,000x smarter than us?

You don't make billions by being billion times smarter than other people, but by either deploying raw materials, or labor or capital to scale billion times more.

But in order to do that, you can't be 1x of the average person (generally speaking), but you don't need to be billion times better either.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by kortilla on Wednesday April 15, 2020 @04:15AM (#22875611)

If your skill is making money multiply 10x repeatedly, it doesn’t mean anything about your intelligence. It just means you’re good at making money.

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Re:SoftBank expects $24B in losses from Vision Fund, WeWork ... by MadSudaca on Wednesday April 15, 2020 @06:10AM (#22876129)

non-linearity exists

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