Pumping and dumping their stock. Mitch and Ted both cashed out millions directly as well. It’s all in the public filings, amazingly. Citron did the best expose.
I’m most amazed that they started at all. The whole idea is just bonkers. Why would cinemas give away free tickets to a third party so that they can make recurring revenues that would siphon their own? No, and they didn’t. Even if they would be as stupid as to go along with it, the first mover advantage for MoviePass was so low as they could easily be outcompeted. I would love to see the pitch for this pipe dream in the cloud.
Yah. People will just die. Refugee sort of implies a refuge. There’s not going to be such thing’s around if things go south as we fear they are likely to. It’s gonna play out far more like the Old Testament.
It depends on where you look. Glaciers pick up material for sure, but where they melt, it is all deposited as glacial till which provides nice heavy soil for agriculture. As Greenland thaws, all this stuff will be deposited upon it. Ireland for instance, and parts of the UK have been beneficiaries of this.
Also, worth considering is that it is virgin territory for exploration for minerals and other goodies.
No shortage of water either.
But even all that aside, it is newly available space. If you can build a city in a desert (Phoenix, Arizona lets say) you can build one on Greenland.
The only reason you can build a city in a desert is the abundance of cheap energy and the ability to build what it needs elsewhere. These two conditions are not met in an hypothetic refuge.
As for soil, the creation of soil in Ireland and the UK took quite a bit of time.
That’s how it is. When there is a fire however and people get suffocated because of those modifications you did or just because it was a fire. Then you are in for some serious trouble if the changes can be traced back to you. Some jail time possibly, but the litigation from victims and insurance companies is what really is gonna do you in. Possibly also the guilt.
Don’t do it. Those plans and codes are there for a reason.
There is no anti-China agenda. There is however an anti-medieval agenda, it has less to do with China as such and more to do with the mindset of the society and the ruling of the state. Most other societies have been through this already. China will also eventually.
I have had the opportunity to visit China multiple times during the last few years. Have met many wonderful people there. However, what makes me uncomfortable is the society. I have been in many countries where you get scorned as a foreigner. China is the only place where I have encountered that people treat you as you do not exist. Obviously, this is not something that only applies to foreigners; it’s a view of humanity that is very far removed from the rest of the world. I find it chilling to be honest.
In what context were you scorned? I've been to China a number of times (though not in the last five years) and found locals curious and very friendly. This was not, however, in a business context - purely as a traveller who knew a bit of Mandarin.
Spot on. It is really important to understand that China does not have the same value system as the enlightened world. I am not saying that the sino mindset is inferior in any way, but it is important to realize that it is very different and that many premises we take for granted are null and void when it comes to China.
The Chinese state of today is far worse than the most dystopian views the west had of Soviet during the Cold War. Then the western block tried to paint as a dark image as possible of the alleged enemy. Today it seems most try to paint as an rosy picture as possible of the Chinese state when in reality it is something right out Orwell’s nightmares.
Note. I have absolutely nothing against Chinese as individuals and people. It is the state that is scary, and to be honest; intimidating.
Have you visited China? It doesn't feel as dystopian as you may think. I don't mean to say that everything is fine, but on the other hand regular people don't seem to live in fear of their friends or children spying on them for the secret police like they were in the GDR.
Yes, I have visited China on multiple occasions during the last few years. It has been an utterly chilling experience. I know xenophobia when I experience it, and South Africa during Apartheid was actually better.
Wow, a "more enlightened view of valuations” sounds a bit scary. I hope your founder acquaintance realize that valuation is not all that matters. Accepting more funding from investors that are not that “enlightened” in other matters is a sure way to get in all kinds of trouble.
I share those same concerns - I think that in biotech the rapid dilution that happens early with professional CEOs bought in early means that there is less interest in building long term value - so short term wins like these can be worth it to founders that expect to be promoted to chief visionary officers. That might be harsh but I have co cerns about the incentives at some of these firms
Steve also managed to keep the company intact at a time when they were very close to get cut-up due to antitrust lawsuits. Also, Steve was probably the only one that could lead Microsoft post Gates as Bill remained in a decisive position pulling strings for quite some time (which in some sense is understandable, but not many could have faced such a situation).
> Steve also managed to keep the company intact at a time when they were very close to get cut-up due to antitrust lawsuits.
That was the change in administration. "Microsoft is a monopoly" came under judges appointed by Clinton. "The punishment is Microsoft has to give free Windows licenses to schools" was under judges appointed by the GW Bush administration.
Agree, language acquisition is so cool! That we just ”absorb” the language, or even languages, around us at early age is just amazing. Steven Pinkers 1994 book “The language instinct” gives interesting perspectives.
