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I agree with how hard it is to get traction in any application. Let's assume it is an application whose value is increased with the number of people interacting. Then if you are past the initial chicken-egg problem, you can grow exponentially. You cannot do that in any other business. Usually your marketing and sales efforts would remain linearly parallel with your growth.
I don't know how you could say the CS degree was winning the lottery. Everyone and their grandmother knew that a CS degree would result in high earning after graduation as far back as the late 90's. In fact many CS departments had the problem of too many unqualified students looking to get rich, most of whom failed out the first year.

Similarly the idea that a humanities degree would not lead to a wealthy lifestyle is not new either. The phase "starving artist" is not new at all. And US News and World Report and been publishing average starting salaries by degree for years.
How? Windows installation has been fine for a decade and a half. Actually, it's going BACKWARD, with vendors now not bothering to ask you WHERE you want application links stored and instead littering your machine's program menu with endless directories named after themselves. Who the hell organizes their applications by vendor? I want my graphics apps together, my audio apps in another group, general office-type apps in another.

With every release, Windows has made this basic function (organizing applications) a bigger pain in the ass. If Microsoft is going to start enforcing policies, then this should be one: No application can simply barf a bunch of crap into your Start menu without ASKING where you want it to go.
They claim the savings come from the fact that they're basically using the same engine for everything, i.e. a Falcon 9 has a cluster of the same engine used in the Falcon 1, and the Falcon Heavy will have three clusters of the same engine.

Though I'm sure they don't pay more than it takes to get the talent they want. Why would they?
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I'd love to see some of the search engines who are catering to more sophisticated searchers just tell us the BOSS, or whatever cache they are licensing, API functions and then indicate which ones they are supporting.

For all we know several of these search engines are all accessing the same cache and they are simply choosing to focus on different options that the cache license offers and making different arbitrary CGI decisions like slash bang whatever.

It makes sense to hide details behind "magic" if the users are unsophisticated. But it seems like there's really little reason to do this for sophisticated searchers.

Maybe there is and I am just not seeing the competitive advantage or value addition.

At the same time, I feel like we may have different search engines all using the same licensed cache source and trying to differentiate themselves on multiple implementations of idiosyncratic ways to access the same cache API, instead of focusing on more basic factors, like speed and privacy.

Maybe searchers just want to access that licensed cache which is too expensive for them to subscribe to. Maybe it's not so important all the fancy things one can do with CGI. Maybe the fancy things are important. Maybe they just crave "features". I don't know.

But my guess is the BOSS cache is probably not that hard to work with and that most searchers could get their searches done easily enough, in simple fashion, if they had their own BOSS subscriptions, without the need for lots of customisations (which equate to the exotic features of these search engines).

Just my thoughts.
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Too bad a search on "IRB" turns up mainly "institutional review board."
Haha, I was about to point out that I submitted this a day ago as opposed to this guy submitting it 6 hours ago...
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So. Facebook is ostensibly a "public" company except it's still more than 50% controlled by one man and now it has 18 billion dollars of cash to buy up potential competitors before they get big. Zuck has to be feeling pretty damned pleased with himself right about now.
I have several Google accounts with documents spread out. So I have been hesitating to start using the local client because I can't decide which account to use (assuming Google doesn't allow multiple accounts sync up with the locally installed client?)
> As screwed up as the US economy might be I have many Asian friends who have emigrated there in the last decade and have done very well for themselves. Why? Because they were willing to work their assess off.

So much to this, their are so many dry-cleaners and Chinese food store owners who are millionaires because of this.
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So then the title is wrong and he isn't trying to find his first job.
I came across this app a few weeks ago (maybe an hn or reddit post?) and I have really enjoyed it. Finally youtube streaming the way you always wanted. Queuing, play in background, saved lists, awesome!

Thank you for sharing...

Let me know if you ever need UI/UX/Graphic design work, would love to contribute to such an awesome and worthy project :)
Grandparent was being sarcastic:

It will be harder to convince customers you've added value if they can see exactly what you've changed.
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Hard problems are not necessarily solved by complicated tools. Sometimes solutions can be found from simplicity.
Also good to note that many of these people are not billionaires. They have companies valued at a billion dollars but they will likely never see that much in their bank account.
This whole thing reminded me that there was a Facebook employee in my "class" for an internship I had in 2004. Little did I know...

http://cl.ly/0g3r3Q3W0K360g2y0g06

A valuation of a whole $4 million!
It's also good to realize that beyond about 50 million I doubt any person would even know what to do with that much money.... you basically end up donating a lot of it unless you are hellishly greedy
My first thought: isn't Mendeley already the academic (paper-sharing) social network?
cool transition effects. However a) I think my definition of "scroll up" is the opposite of yours and b) my eyes glazed over reading empty babble and I have no idea what the product is. Something about the cloud?
Is that this: http://news.ycombinator.com/item?id=3994054

Because yeah, this has been known for a while...
>>Facebook is the new AOL.

There is nothing wrong with that actually.

>>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".

Please define what a hacker is. Seriously you make it look as though a hacker as just somebody who keeps doing tech work for free or a throw away price. What is wrong with hackers running companies? And making money?

By the way he wrote a good enough part of the early website himself, hired people and sold it to investors. He built stuff which people wanted to use purely on his technical and selling skills.

If this isn't good hacking I don't know what is.

>>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.

You could say the same about the telegraph, telephone, postal services, mobile phones or anything on the earth that connects people. Basically a way of 'contact' is what is needed for connecting people.

>>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.

Why did those people choose only Facebook? Why did people choose only iPhone, Why did people choose only Twitter? Why did people choose only <insert any useful thing>?

>>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.

When you information even secret at the first place?

>>If Mark Zuckerberg is your hero you need think more carefully about what he has done and re-examine your principles.

Well he will always be a hero to many people. Because a college kid with computer in his dorm, built a product, a team full of hard working people which bought several millions to use their product. He continues to execute strong and ship great things.

He also knows how to sell his work, the man just made the world $18 billion for his work! Do you think that is joke?

Everyone around here knows how difficult it is to raise money to do <anything>. And we might talking of just hundreds or even thousands of dollars. Here the man made the world pay in tens of billions.
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That's a conference room at the St. Regis in San Francisco.
Nope. Its this: http://news.ycombinator.com/item?id=3968041 from several days before your link.
> I have found out recently that the remote assistant software that we put in smartphone we sell can be activated by us without user approval.

Maybe I'm missing something, but it says nothing about what might possibly happen in case their remote assistant is remotely activated. Also it's unclear how large is their user base. Everyone kind of assumes serious implications, though.

IMO if this whole thing is true, it indicates that the company probably doesn't have good QA and development process in place. Otherwise either such a bug would not exist (most likely it was left for debugging purposes), or it would really be a product of an evil intent (and hidden from uninitiated developers).
In my mind, "backdoor" is a subset of vulnerability where an intentional permission escalation mechanism can be used in nefarious ways - hence making this a backdoor first and a vulnerability second.

I suspect the code was placed on the phone very intentionally for use by a non-nefarious update or sync agent, especially due to the name of the binary. Hence, a backdoor - just not the "OMG Chinese government watching us" tinfoil hat backdoor it's been made out to be.
Every building should have a secret room or two. There must be square miles worth of "wasted" interior room just like this in your average city.

Find it before the urbex/hobos do!
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The site looks good, but how accurate is the tracking?
Right, that's what I was saying. The ZTE problem has specifically been known... so if that employee posted that SO post ("my" link)... he probably found out about it via Reddit/HN, thus posting "anonymously" would have been rather silly.
> Can't think of a catchy name for it

http://www.whistleblowers.org/
Or stated in another way: just do something you love and aim high.

The author lists a lot of good points but it boils down to "keeping it real" and keeping your friends, family, and personal life at arm's reach.

"Avoiding Depression While Not Running a $1B Company" just sounds a bit extreme.
The Fullerton case would have been buried without the recordings - here is reason.tv's latest video http://reason.com/blog/2012/05/16/outraged-fullerton-citizen...
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We know that Morgan Stanley propped up Facebook's share price to keep it from falling below $38.

To prop up the price, Morgan had to buy a truckload of shares.

How else would you hedge your exposure to all those Facebook shares than to short Zynga and Google?
Should one ignore emotions altogether, rule them out of one's life entirely?

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Aha! You know what- Surprise, Nearly everything is a reinvention + addition of a few extra things from the past.

You think SpaceX isn't a reinvention of what NASA has been doing since decades? Let alone that, if SpaceX is even doing all that its because somebody like NASA and space research organizations of various countries have contributed to fundamental things required for Space exploration.

Nearly everything you wrote applies to any other company. Every company can be replaced with any other company. That is the most beautiful and scariest part of it all.

>>Making a lot of money does not automatically equate accomplishment.

It does actually. Just because some of us can't, it doesn't mean others who can are wrong.

Now let me explain you why it is important. People trust their money with other people whom they think can execute, build value and make more money. In other words they trust them to be successful.

You and I know its no joke to raise that kind of money.

>>He also influenced the lives of countless people by being creative rather than by selling off their private details to the highest bidder. I really like that top voted comment, instead of gushing admiration for a pile of virtual money it causes you to reflect and think.

Now this comment shows some element of envy and jealousy. Because discrediting some one's work by calling them evil. And justifying your own failure as made look success because you are not that so called evil won't work.

Where have we seen this before. Calling profit making corporations as evil, rich people as evil, movie stars as evil, bankers as evil... etc..

May be you don't have the same goals as he does, that is ok. But that in itself doesn't mean your goals are divine and his goals are satanic.

At most it means, his goals lead to better profits than yours. And there is nothing wrong in that.
Interestingly, the Jake Erickson quotes have been deleted from Quora.
I think this article got many points right, but it failed to mention that ZNGA trading got halted, which could largely explain the semi-recovery of the price. You don't need to invoke the computer algorithms argument to explain that.
>>You absolutely can. The telephone did those things, too. So does Twitter. If it weren't Facebook, something else would've been used instead.

Why wasn't something else you say was actually present when it was needed?

Why didn't somebody else execute it and build it.

The fact is that <somebody> who can build awesome <anything> is difficult to find is the crux of this whole debate.
If you were an ZNGA owner who's also interested in FB, you won't necessarily sell ZNGA before actually buying FB, because you don't actually know that you can get FB at a price acceptable to you until trading opens. In other words, human beings could contribute to the ZNGA price, not just trading algorithms.
He brings up some good points, but what does this have to do with anything? Obviously the default state of a startup is failure... what do his preceding two paragraphs have to do with anything? I guess I just don't quite understand the point of this article.

If it's just a PSA about the fact that startups are hard work, I'm not sure what new information it is we're getting here or why this post is being upvoted to be honest.
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By that reasoning, Yeager's X-1 was not rocket powered since it was launched from the bomb-bay of a flying B-29 prop plane.

And a hang glider isn't powered at all. It has no thrust.
What does the product? service? do exactly?
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Although not tech specific, at the most recent AngelHack hackathon, someone created a service where you can call in your confessions and people can listen to them. http://confessioncall.com/
It is related to Ayn Rand.

I would dare to guess that this is a US-specific cultural reference, very much like a parody of a local tv host would be.
hehe, Chris Dixon is right... but all this talk about stuff being hard is cheap! It's hard, hard, hard... I get the point! Now come and help execute something for me, so it becomes less hard! You telling me it's hard is just making me stress out more.
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So the only thing he can think to do is run to the internet and tell anyone?
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"I'm not sure what new information it is we're getting here or why this post is being upvoted to be honest."

What makes something insightful isn't whether it has new information, but whether that information is connected in a new way. This qualifies because he's done a good job expressing the connection between a couple different ideas that are very important in their own right but that one wouldn't necessarily think of as being connected. (Think Euler's identity.) Granted other people have made this connection before, but what makes this a great post is that he's done it in a very simple and easy to remember way, one that provides a solid foundation for slotting other ideas into also.
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The part about the colleagues only putting in a few productive hours each day is spot on. They are riding on the company's coattails. It is a sort of corporate-sponsored welfare that no one notices until the company stops performing. Then the dead weight is cut loose. Look at Yahoo.

Maybe some people don't find sitting in meetings all day to be all that satisifying. But they are stuck in it due to family expenses. Maybe they would prefer something more stimulating, if they could have the chance.

The default state of the startup should be: _fun_.

More fun than you would have by being required to show up and remain for eight or more hours each day at a corporate campus where you can clearly see people are not getting much done, but are relying on their position as a source of corporate-sponsored welfare.

To work on a startup should be a privilege for anyone who has worked in a corporate setting for any length of time.

Riding on the success of a large corporation is easy. In many cases all you need to do is show up. But that doesn't always mean you were "a success" or a part of the reason for the company's success. You may have come along after they had already succeeded, looking for an easy payout. Some people make a career out of this. They never join early stage companies. Again, there are family expenses and these motivate people's decisions.

Working on a startup is a way to be able to take full credit for whatever happens. It might be credit for failure. It might be for success. But at least you know you were responsible, and not riding on someone else's coattails.
Why aren't we teaching our scientists and engineers in a similar fashion then?
Oh I see your point now. I'm not sure I'd assume so, probably just coincidental timing. It would seem pretty silly/pointless for your link's OP to ask advice on a (by then) publicly known exploit after all.
Do you have a source for your day-of-week hypothesis, or is it just your own intuition?

The data I've seen show that Fridays finish higher about 52% of the time.

Here are a couple sources:

http://traderfeed.blogspot.com/2008/01/2007-stock-market-ret...

http://www.equityclock.com/2010/02/16/best-day-of-the-week-t...
A lot of tech stocks declined today, not just GOOG, though GOOG declined quite a lot. Even (Adobe) ADBE declined by 2.19%.

Possible explanation: If you were a big institutional fund manager with a large portfolio, would you put your money in thousands of small-cap companies or a few large-cap companies? When an opportunity like FB arises and you want to get in, what would be the easier way to get the liquidity needed to buy FB? If you don't have very sophisticated trading and portfolio management technology, one of the easiest ways to get the liquidity is to sell the large-caps first, and GOOG could be one of them.

Another possible explanation: GOOG and FB are perceived to be enemies/antagonistic. So, when one stock has a positive event (IPO that provides lots of liquidity), the other stock is impacted. This is a psychological explanation. I can't prove it.
When does facebook have to disclose how much they paid for it?
> We know that Morgan Stanley propped up Facebook's share price to keep it from falling below $38.

Why exactly do they wanna do that? If they're artificially holding it up, doesn't that mean they'll lose a lot of money in the next weeks when it goes back to an non-artificial price?