KarmaTrainCaboose

joined 1 year ago
[–] [email protected] 4 points 1 year ago

I believe we already do this to some extent. There are government funded grants for all kinds of things. I guess you just want more of that? I think you have to be careful, because that starts to look like the government picking a lot of winners and losers in private industry. Ripe for misallocation of resources.

[–] [email protected] -2 points 1 year ago

The final summary of the article you linked:

"Using 105,950 observations from 32 different studies we find that CVC investments are performance enhancing, for both corporations and start-ups. Our results detect that time, country, and industry moderate the effects. Especially after the Dotcom bubble burst, high performance is detected. Similarly, the performance in the U.S. outreaches the performance of other countries. Due to the high risk of successfully developing a pharmaceutical drug, no statistically significant effect of CVC investments in the health care industry is observed. As expected, strategic performance outperforms financial impacts. Although there is good rationale for a clear strategic focus, the finding that CVC investment does not lead to stronger financial performance is surprising and urges practitioners to rethink their CVC objectives and approach"

Disregarding the fact that this is only looking at CVCs and not traditional VCs, I don't think this really supports your argument that it is a dice roll at best. Seems to me like it is broadly beneficial with some caveats.

[–] [email protected] -4 points 1 year ago (2 children)

I don't have a good business idea, not everyone has to. That's not even what we're talking about.

VC is clearly not "a joke". All you have to do is Google "major companies that took VC funding" to see the impact of it. Of course this leaves out the thousands of others that failed, but long term the winners are going to have a very positive impact on driving innovation.

You may say "those companies would have succeeded anyway" and maybe so, but I doubt it would have happened nearly as fast, if at all.

[–] [email protected] 0 points 1 year ago (1 children)

Okay but this isn't what happens. When using services like instacart they will batch only maybe two or three orders in a car. Unless there are other services that I'm not aware of that will batch more?

I don't think grocery translates well to mass delivery because it increases rates of spoilage and damaged produce.

[–] [email protected] 1 points 1 year ago (3 children)

A delivery huh? I wonder by what mode if transport that would be delivered....

[–] [email protected] 1 points 1 year ago* (last edited 1 year ago)

Yes I think it's very possible that if you were to graph a population's Intelligence using a some empirical score, then it has a high probability to NOT look exactly like a normal distribution.

For example, let's say that there was some score called "intelligence score" that scores people's intelligence from 0-100. Do you think that if you were to graph a given population's "intelligence score" that it would be EXACTLY centered around 50 in a Normal distribution? I think that's unlikely. It's more likely that there would be local maximums or minimums, or various skews in the graph. There could be a small peak at score 75, or a trough at 85. There could be all sorts of distributions.

And guess what? Given this hypothetical distribution, you could STILL draw lines somewhere on the graph showing quartiles. Those lines might not be at 25-50-75. They might not even be the same distance apart from each other. But you CAN draw them somewhere to split the scores. Just because a graph "has quartiles" does not mean it will always look like the OP.

[–] [email protected] 3 points 1 year ago (3 children)

Spendrill is not misunderstanding the OP. He's just saying that if intelligence could be measured by a better metric, then distribution of that metric among the population would not look as smooth as the one in the OP.

[–] [email protected] 0 points 1 year ago (3 children)

Lol. People read your comment and think you didn't understand the original post. When in reality they are the ones who didn't understand your comment.

[–] [email protected] 2 points 1 year ago* (last edited 1 year ago) (2 children)

Are you serious? Look at that map. Those yellow areas are absolutely massive. It includes huge swathes of suburban areas, not "dense cities". I mean look at Dallas, Atlanta, or SoCal in that pic. My point is that in those suburban areas most people are not within a reasonable walking distance of a grocery store.

Just because they're centered around a major metro area doesn't mean the people living there are close to one. I live in on of those cities in what someone would consider an "urban/suburban" area. For me to walk to my closest grocery store it would take me 30 minutes each way according to Google maps. That's not reasonable. Keep in mind that you've got to actually carry the groceries on the way back. And I'm probably in a denser area than most.

EDIT: According to the USDA, americans are on average 2.2 miles from a SNAP authorized store. That's a 45 minute walk each way. No Americans are not just "lazy" for not walking to the store. It just isn't a reasonable think to do at all.

[–] [email protected] 1 points 1 year ago

In the US fraternities and sororities are not usually financial assistance organizations as you're describing. The main focus is just as a social organization. A quick and easy way to get 50 friends to hang out with. They also do sometimes provide connections or help with studying.

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