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Notes from Hirschhorn & Cuban March 27, 2017

Posted by bluedevil32 in experience, finance, Politics, questions, social.
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Listening to the Jason Hirschhorn interview with Mark Cuban  from the end of February (just pre-$SNAP IPO) —

Many great resources in all the current tech-hubs: SF & Silicon Valley, Los Angeles, Austin, and expanding those. Cuban makes a good point that people and ideas are easily created now in almost every area. There are places in the country that have MORE resources — events, companies, VC’s, funds, but building can be done everywhere (Cuban mentioned when he visits IU, he can stay in contact with them).

With less and less companies going public (mentioned ~9000 publicly listed in 2008, but < 4000 now), people are either scared of going public, or are getting their payouts directly from bigger companies (Cisco, Facebook, Amazon, Microsoft, Google, etc…).

Digital ad revenue for FB and Google – 85%+ market share. NFLX and AMZN are 2 biggest shares – hasn’t sold yet. Content providers – Disney, Netflix, and Amazon…. not many others. CONTENT is very difficult (Cuban mentioned Enron doc and winning awards, along with Good Night and Good Luck — hasn’t done any successful since). Content is the most difficult to maintain – very difficult to get past that giant hurdle, and these companies have the money to get above it.

Eventually got into a political discussion – using news / reactions / tweets to respond. HOW do we respond? Communicate and be patient – tough to change minds or reason – noted 52% of eligible voters didn’t vote. Trolls and dealing with internet comments – control public/private responses on twitter? Twitter must be hard-coded otherwise. Cuban mentioned an app that he’s going with – soon, machine-learning or machines will deal with the curation of information and conversation in digital platforms.

Talking about video – 7 year old son wanting to play flag football / baseball and how different it is now. Esports / watching vs watching tv (sports). His son didn’t want to watch sports / baseball / football, but wanted to play. There’s no indoctrination or religion for it anymore as we grew up on (and Cuban’s era earlier). Gaming as a big advantage in expanding NBA reach – NBA 2k and professional aspect of them since players have a deeper involvement / knowledge of the league with gaming.

The overall theme for today (not just this interview) – how can we get more young people interested in building out great ideas? The future of technology is rapidly accelerating but ideas will still be needed from the smartest people. Education seems to nerf expansive ideas – boxes people in that may be more capable, restricting opportunities. In my opinion, this is a huge flaw in the system overall.

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Who Cares for Lip Service? May 23, 2016

Posted by bluedevil32 in experience, Politics, questions, social, Uncategorized.
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There are hundreds of thousands of people that have good & great ideas.  Many of them work for someone else and don’t take action on those ideas. Some of the ones who have good ideas take them and try to build something. Not all succeed. The ones that do often had plans or people they could reach out to help them with a plan. Then they attempted/carried it out.  The ones that succeed often add value many times over.

Why is it different for elected office? Running for office should not simply be based on the platform of ideas you wish to change / better / create, but HOW candidates plan to put that in action. Actual plans. Business plan. Who is needed to help enact them / what is done / how to put it plan in motion / stakeholders / pros / cons. Sure, this would take time up front, but I believe that it could reduce the time to impact once someone was elected.

 
Let’s take an example. “Infrastructure must be improved” is a general positive thought and I don’t believe any candidates are against that. However, the latest research I’ve read said that of the funds designated as infrastructure-related, only 5% actually are used for ACTION in that frame. The rest is spent on funding boosters / change orders / unions (not exclusively).

Now, do I believe that a majority of voters would read through these plans? No, but of anyone that does, they would be better well-informed. And, debates or interviews could bring up the questions from people that did read through them and see holes or improvements or issues, to hopefully allow for a publicized process into the plans presented.

 
Until I see a candidate for ANY office lay something out like this, I’ll refrain from giving any vote of confidence or otherwise. Oh, and for any Bernie supporters that believe his site lays this out – it’s a step in the right direction, but not to the detail that elicits true action.

What do you think? Or is all of this just lip service?

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