As they clamp down on people using their platform they're going to end up pulling features that are responsible for driving their growth and now we get to watch network effects collapse.
Message from a customer: "I left my last brokerage for misleading me with false facts about performance....tell me why I shouldn't do the same with your company?"
My response: "Please do. You sound like a pain in the ass customer." That's probably why they don't let me respond to customer complaints.
This is from a study conducted at the University of Kansas in 2017
. That's how you know you're business practices are fucked. An Uber to the hospital might cost $30, an ambulance can cost up to $5,000. WTF is wrong with our healthcare system? I understand that you get medical care on the way, but there's something wrong with the business model for that level of markup.
... and holy shit there's a lot of regulation involved in pooling money for speculative investments. I definitely understand why people are working to claim crypto currencies aren't securities now.
Took a trip to Boulder last summer and had the TV on in the hotel one night and saw a commercial advertising a dating site for farmers
. It seems like such a specific niche that I wanted to make jokes about it, but the more I've thought about it the more sense it makes, and it blows me away every time I think about it that such specific niche sites exist and can be viable as a business model. It's amusing to me that the thing I was initially going to make fun of I now find incredibly motivating. Se la vie.
From the Side Hustle Pro Podcast, Ep. 33, ~46 minutes in, essentially saying that for your side hustles start with doing something that you love and further opportunities and money will naturally follow after that because you're doing something that you're passionate about.
The Verge ran an article today highlighting that Instagram is separating out their private messaging functionality from their app into a standalone app. This is the same move that facebook made a few years ago (which made me uninstall the facebook app instead of installing their messaging app alongside). It's notable that facebook owns instagram, so the people responsible for facebook's app decision may have an influence on instagram's current app decision. But regardless, why is private messaging so heavy that they feel the need for a separate app?
As a user it's frustrating to me that they would need to install 2 apps on my phone. Facebook is one thing. All the facets of facebook should be wrapped up into one thing on my phone so I can compartmentalize all the things that go along with facebook. Instagram is one thing. I think you see where I'm going here.
This kind of highlights the re-emerging need to have a singular app merge and coalesce all the ways of contacting me into one singular feed and being smart enough to respond to you in the same way you contacted me. This was starting to gain traction in the early naughts but died out by the mid naughts. Digsby was the one that I used but I didn't really like the UI on it. I think we could reapproach this problem using modern programming and modern UI and come up with a more effortless system. Hmm, maybe that's the next thing I should build.
And I made a penny! I mean, not profit, that's total revenue. Expenses are higher because of the domain name purchase, but literally all I did was throw up a single shitty web page with some adsense ads on it and made a post on Twitter with a brand new account. And I made a penny! The sky's the limit! Or not. Whatever. It would be nice to get my $10 back at some point though. Threw up a second page tonight and made a new Twitter post. Maybe I'll make 2 cents tomorrow so I can give someone a piece of my mind.
Quoted from Maren Kate Donovan, founder and former CEO of Zirtual. https://thehustle.co/maren-kate-donovan-zirtual