gtpasqual

Sure, it may seem interesting to be an executive in Facebook, but that is not nearly as lucrative (and interesting) as working in trades or billion dollars deals in finance.

From wikipedia:

>After graduating from Princeton in 1986, Bezos worked on Wall Street in the computer science field.[20] Then he worked on building a network for international trade for a company known as Fitel.[21] He next worked at Bankers Trust.[22] Later on he also worked on Internet-enabled business opportunities at D. E. Shaw & Co.[23]

When ignorance and subjectivity comes in, people wrongly take Hitler, Mussolini and even Trump as far-right.

You probably still don't know about the hierarchy that exists in the industry, but I'll just say that VCs are usually in the best position.

Many wouldn't distinguish the line between fasting, malnutrition or even anorexia.

For most of the world, with "trade track", you make "ends meat" for the country (developing world included).

That's why you see such a mindblowing competition for Chinese students to graduate from good colleges.

For example, Facebook just makes it easier to spy on others' lives. Before that, a lot of time was spent of rumors and gossip.

https://www.youtube.com/watch?v=8TCxE0bWQeQ

Then, I remembered how awful and idiotic most of my HR managers were. The parameters they used to select people were all based on their own biased upper-class background.

Now, an algorithm, if well-written, could grasp many other parameters that would be much more relevant. Innate and applicable abilities an HR manager would never consider.

I mean, if the payment process was the problem, they should ban money.

There is a HUGE financial incentive to find alternatives and a simple example would be cryptocurrencies.

The way these recommendation systems worked is heavily flawed at a large scale.

This may be an acceptable argument for America, but makes no sense for Europe.

I've seen great migration from high-unemployment EU places( Spain, Portugal and Italy) to UK, Germany and Switzerland.

Finding talent in EU is much easier (and cheaper) than in the U.S.

Blame encryption and omit the violent nature of Islam.

http://fortune.com/2015/11/12/fidelity-marks-down-tech-unico...

$32 M $16.74 M $14.77 M

I'm not surprised

Usually, institutional investors(e.g. Fidelity) give money to VC funds that spend most of their time finding good and reasonable investments.

However, Fidelity and other institutional investors have been investing in late-stage deals, "cutting off" many VC funds and increasing valuation of companies.

http://www.bain.com/publications/articles/shadow-capital-ste...

They raised 1B in that round.

In 2011, they've raised 10 million dollars. They should thank the Fed and abundance of capital.

Capitalism's been 'hacked' and that's why you have consumerism and unsustainability.

The free-market is the most effective way to distribute resources in an environment, that's it. All problems come from central planning.

You're also trusting too much in Twitter tech celebrities.