skysight-inc/HackerNews huggingface dataset:
"too much memory consumption" is pretty low on the list.

The reason it isn't high on the list is because they already tackled that for Win7. You may not remember, but it was a growing problem before 7.

They aren't saying here that they need to reduce memory consumption further; they are saying that they will do the same thing with battery life for Win8, that they did with memory for Win7.
Advertisers have no way to measure just how ineffective their TV advertising is. It's pretty well established that traditional media marketing budgets have only the most tenuous link to results in the marketplace. Until recently, however, it had a singular advantage in that it was the only way to put an ad in front of a national audience.

Online advertising is cursed by a near-infinite supply and excellent metrics that immediately connect impressions to actions.
Lot of time and effort has obviously gone into it. Hope you guys get paid for your efforts.
Ah, ok, now the picture is becoming a lot clearer. Thanks for the clarification!
Because Glass hasn't been released yet.
The number of shows on 5by5 based around "Apple/Something" was approaching parody anyway. By my count, there are 5-6 remaining for your perusal.

I do like 5by5, and use Macs myself, but a toning down of the echo-chamber is not all bad.
That's your choice.
You should never substitute a belief for an investment strategy. Seriously, even if your idea of Facebook's long term potential is correct, you can take a haircut on whatever random thing occurs today. Balance the utility of what you gain if you're right compared to the utility of what you lose if you're wrong (think twice if you really want to make a "heads, double your house's square footage, tails live off dumpsters at 65" bet).

If you want to start investing based on your beliefs, go ahead. But have a pool of money for that and be ready to lose it.

But for your retirement, diversify.
This is true, unfortunately - at my last company two of us (me a Kiwi, the other guy was British) were being sponsored for an H1B. I got one and sadly he didn't. The major differences between the two of us was that I had a comp sci degree, while his was in design and 3d animation, which weren't considered to be highly skilled / in demand enough.

But if you don't have a degree you will definitely struggle for an H1B, as it's part of validating your visa-worthiness - my degree was certified as US equivalent by a professor at US university.

Also, you need a lawyer who specialises in this stuff - the application is labyrinthine.
I see a lot of comments addressed to "this guy" referring to Steve Blank. Let's not forget he's been involved in silicon valley startups since the 70s, including founding semiconductor companies. While they're no hello world rails startup, he has a proven track record and a first-hand experience of how the valley has evolved.

I suspect many of you haven't seen his take on the history of the valley, which might give context to his views.

http://www.youtube.com/watch?v=ZTC_RxWN_xo
Pretty interesting app and can see how Facebook could utilize the product. I wonder if we will see more of this consolidation in the market place as the big players buy up smaller ones.
No, unless my blog/site specifically targets networking people. It's our job as technical professionals to keep people that don't want/need to be technical professionals from caring about this sort of thing.
Crowdsourcing Every Function of the Startup
Summer program for interns to build the best Startup Team
stop crying in public
Googling "5by5 tshirts "the talk show"", found a link described as.

"The Talk Show T-Shirt (WWDC 2012 Edition) has finally arrived!Featuring The Talk Show logo printed on a black"

http://shop.5by5.tv/password

"This run is done, thanks for coming by!"

Already pulled.
Congrats. You are in a great position that many hackers would kill for (no pun intended). My advice echoes and negates several of the comments already posted:

- I agree that, at best, you should launch something in a space you know about (ie oil) or at least in a vertical you are very interested in. However I would be less concerned about how "lucrative" the market is (as one commenter suggested), other than the fact that there is a market. Many businesses have been started in markets one wouldn't typically associate with "lucrative" - selling to teachers is one example.
- Instead focus on creating value or solving a problem. Seems obvious but so often startups try to find problems for their solution that they've built. I've been guilty of this myself.
- Don't angel invest. That is a good way to lose your position and some money. Plus you imply that your more interested in entrepreneurship anyway.
- Learn how to code a little, even if you plan on finding technical co-founders or paying someone to build your product. It gives you perspective and depth while making you better at properly scoping projects for others.

Best of luck
I believe that that evidence is based on close friends. I think Facebook tends to make it easier to maintain lots of light friendships, but doesn't do much for close friendships.
Hypercritical is an awesome podcast. I love that Dan mostly sits back and lets John go on his long rants.
Pretty cool look inside Telsa, but do you have to reload the entire page just to show us the next picture in the slide show.
“Please Don’t Learn to Code” – Cybercrud At Its Worst » Borasky Research Journal
You may get the same clicks/$ but you may get a significantly different numbers of clicks/day, and surely that's going to be an important consideration when you're deciding where to spend you advertising $.
I've been recently listening to and enjoying Digitally Imported's Ambient channel. Not a lot of distracting lyrics in their songs, and usually very calming.

http://www.di.fm/ambient
We saw ~125% volume today, meaning that 125% of the shares that were for sale were sold (some were obviously sold twice.

I would assume this means that all of the stock was sold, meaning, with a valuation of ~104 at close, Facebook raised ~16 billion.
Why so? It's the biggest company in the world, or at least it is sometimes. Apple's a big deal, in a bunch of ways. And most of the tech press is clueless about them.
I've read many of your comments on HN over the months (years?) and I know it doesn't amount to anything that can help you, but you have my sympathy. I know what it's like to wonder where your next meal will come from, with things beyond your control preventing you from earning a traditional living.

Have you published any of your medical insights as Kindle ebooks?
Where do you think the billions used to buy facebook stock came from?
Hi there, I'm Dan, CEO of Black Pixel. I'd like to clear the air on this issue.

The application and the source code in question belongs to Black Pixel. We designed and developed the application in-house, at our own expense, and were going to license the binary for free, non-exclusive use on the 5by5 network, but that deal didn't work out.

Quite some time later, we got to know the folks at Mule Radio, and felt like there might be a good opportunity for our work to see the light of day. So we discussed things with them and licensed the binaries to them for use on their show.

So, to be clear, this app belongs to Black Pixel. We've never received a dime of money for it from anyone, because we wanted to have complete creative control over the product. We're happy that our app has found a home and are donating our time to support and add new features to the application as time goes on.

We hope you enjoy it.

-Daniel Pasco, CEO
Black Pixel
I remember that episode and Dan seemed uncomfortable when John kept going and going about the topic. I don't know Dan personally, but I honestly think that he didn't like the fact that John called the "Readability guys" scumbags several times.

Or that he wouldn't like anyone saying that kind of stuff on his shows. I understand him.
I agree that you have to have something that people can invest in - something that has value - before it will get any money.

chmike's question of how does YC do it then? It's based on talent, as he said. The people / founders with domain expertise / knowledge do have a certain value to them - and that is really what they're investing in.

If you're an engineer, then your value to tech startups and investors is seen even more valuable.
Steve Huffman has something to teach you
My favorite part was where you didn't justify or substantiate any of your angry rant.
Shame on you John Gruber.

Seriously though, it's John's show and he's free to take it to another network. I just _really_ hope that this transition was done in a respectful manner and that there isn't bad blood between 5by5 and Mule.

A little background: Let's Make Mistakes, Mule Radio's main show, got started with 5by5's help. Let's Make Mistakes was a 5by5 network show for it's first year of existence. It garnered all of the listenership and cross promotion that comes with being part of 5by5. After a year of getting traction, Mule split the show off into its own podcasting network, essentially becoming a competitor to 5by5. If Mule now aggressively poached The Talk Show from 5by5 then it was certainly a dick move.

Of course, we don't have all the details and this is just speculation. So again, I hope this was done in a way that respected Dan and 5by5.
Layperson question: what does it matter? What impact does Facebook's valuation have on its day-to-day business, now that they have the IPO cash in hand?
Given the macro trend of "software is eating the world", its very likely that investors will chase $$ for dot com startups (or mobile apps nowadays). I completely agree that SpaceX, Tesla, Google Self-driving cars are proper engineering projects but I will try to be devil's advocate. Google (even thought its a Internet company) revolutionized the information organization and retrieval, we are much better because of it. Facebook connected the whole world on the Internet. LinkedIn created professional network where it is much easier for people to connect and benefit (especially Sales guys and recruiters). Twitter is helping in democratic movements across the globe. GroupOn made it easier for local SMBs to advertise. And there are companies like AirBnB who made it possible to profit from entirely new concepts.

Of course, for every Facebook there is a Zynga whose major accomplishment is pasting cows on the Internet. Unfortunately, too many "real engineers" are jumping on SoLoMo bandwagon and that is hampering real innovation.
Facebook is the new AOL.

Exactly.

And the worst part of it is there is a kid acting as CEO calling himself a "hacker".

Hackers do not turn websites into corporations. Imagine if all ISP's were turned into "AOL's".

Facebook did not connect billions of people. They were already connected. All they needed to do was share their contact details. And the facility for that already existed in thousands of other websites.

People chose one website, Facebook. That's a good thing. And the credit should go to people for encouraging each other to all sign up at one website.

But alas it is the website of a sociopath who took people's contact details (calling them "dumb fucks" for giving him their info), the way a spammer collects email addresses, or a cybercriminal collects credit card numbers, and then sold the information for financial gain (your info is worth maybe .85 to a few bucks at most in this market). He's creating the next generation of mailbox stuffed full of junk direct marketing.

If Mark Zuckerberg is your hero you need think more carefully about what he has done and re-examine your principles.
Alternatively, could they be attempting to embrace a "tik-tok" model? Enterprise tends to move slowly, and Win7 is still going strong. Could they not produce Win8 targeted at mobile, keep enterprise on Win7, and come back to enterprise for Win9?
You're a tool and that's all I really have to say. Someone's mad they got flagged off the homepage within, what like 8 minutes?
This is just fraught with assumptions, generalizations, and misinformation.

I have an MBA and degrees in Computer Science and have worked as a programmer so I know both sides, and this is what it boils down to: how much an MBA can help you really depends upon what kind of business you are in, and of course, the value of the potential hire.

If you are running an internet startup there is probably not a whole lot an MBA can do for you that you can't do yourself.

However if you are running a more conventional business that requires sourcing, operations, marketing, statistical analysis, etc., an MBA can absolutely be the difference between success and failure. There is a reason Tim Cook is the CEO of Apple- he is an operations expert, and Apple is largely a business built on outstanding operations and sourcing. Companies like Wal-Mart aren't as widely discussed as the Facebook's of the world, but the reality is that the Wal-Mart's do a whole lot more to improve our daily lives, and are far more difficult to run. Then again, Sheryl Sandburg and Mark Pincus are both Harvard MBA's, so maybe there is some value there as well.

So I would advise people to never bucket a group of people on something as vague as "he has an MBA, he brings no value." I think a lot of the comments Peter Thiel makes about education are cavalier and show a general bubble mentality that shows that he doesn't seem to realize that there is an entire economy outside the valley that makes our lives better without the recognition or star power. I get it, he's extremely smart and has made a boatload of cash through savvy investments. That alone does not make him authority on every subject though, so it irks me a bit when people quote him as if his word is law without much examination.
No..he didn't even mention SpaceX. He's just talking about scientific progress in general.
The moment MBAs become the new developer or designer, you can no longer argue we aren't in a bubble.
I believe the issue price was technically 38.00.
I had noticed in the past weeks that Gruber wasn't writing or posting interesting stuff as much as before, Daring Fireball started to looked more like "curated" advertising for apps (paid or not paid, not sure about it); and it really is getting boring... and now you come up with this?. The sudden, and unexpected, move of one of the most beloved podcasts in the world (a big part thanks to Dan) without a word?

Gruber, you OWE an explanation to your readers, period!.

As Jim Dalrymple commented in his post (http://www.loopinsight.com/2012/05/17/blogging-is-not-a-thin...) :

"Blogging is also about trust. If you’re readers know that you are writing from your heart, they will listen. They will engage you, and in the process you will learn something new. That, in turn, will help shape your opinions.

Blogging doesn’t have an agenda, other than expressing your true thoughts on a subject."

That trust just started to crumble..
I think you've misunderstood my point which was that Microsoft engineers are very capable of reducing memory usage if charged to do so (and, as you say, history bears this out) and that I would expect them to likewise be able to reduce power usage [within the constraints provided by environment and hardware requirements].
I feel like the author is overstating the benefits of a like button on every page. Google - and many other ad networks - also know the products being viewed if the site owner is using retargetted ads. Might facebook offer compelling retargetting? Sure. But I imagine the conversion rates would be, at best, comparable to other retargetting networks. Probably not a game changer.

I'm not even mentioning the reach of analytics.
I started twitching when I read that last line. Malcolm Gladwell's post-mortem on Enron (in which HBS grads figured prominently) has stuck with me. Especially because I read it while working at a company that had a large HBS contingent. What a bunch of arrogant, ignorant, self-satisfied, know-nothing blowhards. Loved to hear themselves talk. And talk and talk and talk, saying exactly nothing. Many of them had a consulting background and they loved to bring in their clones to do their job for them. But the clones didn't do their jobs very well, so they would bring in another batch of clones who would start from scratch and also not do their jobs very well. This resulted in a web-based service that was a year late, and way, way over budget.

This was theoretically a startup, and this was the cream of the HBS crop, but they made every mistake a startup absolutely should not make: Spending money extravagantly (and this was post-dotcom blowup); not going live until the website was perfect "because you only have one chance to make a first impression"; feature bloat; no follow-through on anything (that was for their less glamorous underlings).

There, that feels better, I've stopped twitching now.
Seeing as Windows 8 still includes full desktop mode, exactly how does any of this "abandon core revenue" logic make any sense?

I get it, despite being in the tech world, geek-types remain incredibly resitive to change, but I'm tired of every tiny change that Google or Microsoft makes turning into "they're jumping the shark".
I've seen Gruber say that Mike Montero was a really good friend of his a few times. He was even on their show. The move could be because he wanted to be with friends and support their efforts.
Information is one thing, but for many things you just can't do remotely. You can't transport iPhones from the airport to your home remotely, can't send kids to school remotely, can't go to a nice restaurant remotely.
Intigi's Moonbird is a Cool New Way to Follow Relevant People on Twitter
Facebook's IPO was yesterday (while it started active trading today). If you were one of the blessed investors, you could buy the shares yesterday at $38. It seems like there were a lot of orders early today (probably entered in before Facebook started trading) that were executed early and by the time 3pm rolled around the pent-up demand had subsided.

So, this morning when it started trading, the first order seems to have been $42.05 (according to Google) with subsequent orders fluctuating from there. The LA Times is reporting (http://www.latimes.com/business/technology/la-fi-tn-facebook...) that the companies who underwrote the IPO (for example, Morgan Stanley) had to defend the price so that it didn't drop below $38 during trading today. Basically, one can do this by offering to buy shares at $38. That way, their clients who bought yesterday at $38 don't suffer a loss today as the stock is actively traded.
What We Don't Know About College Student Debt
CTR is one piece. But conversion in another. And intent is important. Take two identical ads on Facebook and Google, with the same CTR and CPC, if the Google traffic has more intent to take action beyond the click (I'm not saying they are necessarily) then Google traffic is worth more. I worked in the LeadGen space for a good number of years and conversion rate is a very important piece of the puzzle. Generally speaking, intent leads to a better conversion. Plus, advertisers do them selves a disservice to attract higher clicks if that means their conversion rate is lower because the ad was bait. I've noticed that FB ads tend to have a spammy/scammy feel to them... bait.
Indeed. I listened to Marco Arment, Gruber and Siracusa everyweek. And then Horace Dediu every other week... but I got really tired and started skipping parts or shows altogether because I didnt want to sit through listening the same thing 4 times (ie: Apple v. Samsung, iOS5 launch, Lion launch, etc).

I think i learnt the most with Siracusa and Horace Dediu, but the show with Merlin Mann is the most inspirational.
Trying hard to see the rationale behind this split. Gruber's emphasis has always been on "quality," "being the best," and "being right" in everything he does. Thus the only light through which I can see this decision is his belief that the show is better without Dan. Their relationship throughout The Talk Show has had its tumultuous moments: in early episodes, Benjamin's using an Android phone drew Gruber's ire, and then later there was animosity when Benjamin would show up for the Bond episodes unprepared. Gruber would accuse Dan of "yeah yeahing" his co-hosts and contributing little in the way of earnest dissent.

On the other hand, I always had the sense that Benjamin regarded Gruber as a kneejerk Apple apologist, and this too could not have helped their relationship.

But their differences led to the show's magic. Their contrasting styles would turn the show into a focused, intimate meditation on Gruber's thoughts on industry (plus side interests of baseball, Kubrick, etc.), often serving as a preview of what written work would be to come on Daring Fireball. While it can come across as aloofness, Dan has the passive ability to subtly guide the conversation and give it some sense of structure, and he's great at knowing when to let the other person speak. There were also incredibly funny moments of East Coast camaraderie that would keep the side topics interesting and lively.

It seems that Gruber has taken all of this for granted in deciding his show is better without Benjamin. Quite sad.
I had trouble getting into The Talk Show. Gruber always seemed distracted and low energy.

In contrast, Siracusa is so engaged that he has to forcefully cut himself off at the three hour mark.
Right on, dude.
The article itself is an example of good (copy)writing. It's easy and a pleasure to read.
You think that is unique to AOL or MBA's? Try deleting your Facebook account sometime if you'd like a real good mindfucking. Then tell me MBA's are the one's behind it.
Didn't JPMorgan Chase just lose $3 billion? Seems like they're still a little too good at taking on risk.
You realize that brand advertising isn't measured via clickthrough, right? Most people on the net don't click -- see the infamous natural born clickers study. Yet nonetheless, brand advertising via display can be demonstrated to be very effective on an roas basis via A/B testing by geo.

Also -- ctr doesn't matter as long as your cpc compares. So 1/100 the ctr is fine w/ 1/100 the price, etc.
Don't do it, unless you plan to work long years and/or die young.
FB price might well be around $10 before long.
A number of early investors sold some of their shares in this IPO.

Of note from this SEC filing (look at the "Principal and Selling Stockholders" heading), Zuckerberg himself put 30 million shares into the IPO, shares from some early angels were offered, Goldman Sachs offered half their stake, as did DST.

http://investor.fb.com/secfiling.cfm?filingID=1193125-12-235...
All the author of that article managed to convey is an overwhelming sense of fuzziness in his thinking. e.g.

>Do the math on this: instead of growing it organically, we wake up one day and Facebook has taken over Google’s Adsense business. That’s $10B in revenues alone.
+1 on commitment>ability

You don't know how many times I have seen a startup fall apart because the cofounders couldn't stand even one minor setback.

PS: don't like the picture though...
> but they also have a lot more opportunity to improve.

What's your case for that? They have almost a billion users. How many more are they going to get, and are users outside of the US and Europe (and a few scattered nations) of any value to Facebook at all?
This struck me:
"Even if you didn’t click on the Like button, Facebook probably has a pretty good idea of what your next purchase will be."

I imagine the people best able to predict my next purchase issued my debit card, no?
But how many such acquisitions actually become 'usable' features in the parent product and how many just end up being talent acquisitions?

I don't imagine it's easy to integrate something into core Facebook than essentially just being a part of the product that uses the API - which can just be done by being an independent entity?
Anybody else read this headline and wish they could buy karma too?