antpicnic
OneBusAway started as a graduate student project at the University of Washington.
For example, a friend of ours started a business creating fantastic pastries and desserts for restaurants. Her company will never go public. But she employs 8 or 9 people who probably never would be hired by a tech startup.
A couple of the big obstacles to starting a business need to be addressed:
1. Healthcare - our friend wouldn't have started her business if she didn't have coverage through her husband's employer. She couldn't afford the financial risk.
2. Intellectual property laws are a mess. Everyone on HN already knows about the patent fiasco, but the continual and unjustified extension of copyright law also presents an obstacle for some endeavors.
Then I took a class called "One Hour to Touch Type" from the University of Washington's Experimental College. I actually learned the entire keyboard in about an hour. I practiced about 20 minutes per day for a month to become proficient.
Bing is a win for Microsoft either way. If it gets about 30% market share, then Bing makes Microsoft money and forces Google to invest more in search. If even the largest software company after investing billions can't stop Google's growth in search, then Microsoft and others will claim that that Google is a monopoly. So it should be subject to anti-trust laws.
In the old days, when General Motors completely dominated the car industry, they made sure to keep their market share under 25%. They believed, probably correctly, that a higher share would bring anti-trust sanctions.
Having said that, I'm opposed to the initiative. WA needs fundamental tax reform including replacing the B&O tax with a value added tax as well as changes to reduce the regressivity of the state tax system. The initiative is a band-aid.
Would You Pay Someone To Drive 253 Miles For Groceries?
Medicare and healthcare costs are an enormous problem. Expect a combination of tax increases, benefit cuts, and means testing. If Congress finally acts to eliminate waste, the growth in healthcare costs can be slowed.
WoodenBoat
I like to keep the back issues.
Everything else I either read online or get from the library.
http://www.amazon.com/How-Read-Book-Touchstone-book/dp/06712...
Like all potentially disruptive products, it meets the needs of a particular niche well, For example, try "population density" in W-A and Google. Be sure to click on the "More" links to expand W-A's results. Amazing.
Over time Google may have a problem. I'm using Twitter for real-time search, W-A where it's strong, and even using Live.com when Google doesn't return meaningful results.
"To qualify as a small business, the corporation, when the stock is issued, may not have gross assets exceeding $50 million (including the proceeds of the newly issued stock) and may not be an S corporation."
You younger folks on HN have a great opportunity to save your money now and make a killing in 25 years. The stock market could lose another 30% and then move laterally for several years. But over a few decades, you might average 8% returns annually. Just remember to sell out before the great crash of 2049.
That being said, Microsoft will probably continue to flounder until they commit to a new BHAG.