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Comment It's called "the Geek lottery"... (Score 4, Insightful) 129

...and while it has significantly better odds than the actual lottery, it's much the same thing. Part of what drives the Valley -- and the IT startup industry in general -- is that it's very easy to track down large numbers of people who have, in fact, become millionaires (or better) through stock options and buy outs. It is a siren song that occasionally pays off.

The problem since the late 1990s is that vast amounts of capital have distorted the natural harsh realities of running a business, not to mention Economics 101. Too many tech startup business plans are, in effect, "Get funding. Create buzz. Get more funding. Sell out to a firm that actually makes money or go public." It occasionally works -- and all you have to do is read the industry press to see the multi-billion-dollar IPOs/acquisitions that never panned out.

Now, excuse me while I go back to work on my indie game and my graphic novel. :-) ..bruce..

Comment Re:HAHAHAHA! (Score 1) 231

All states, so far as I know, have the option of posting a bond instead of getting mandatory auto insurance. If self-driving cars are going to be mostly owned by manufacturers and leasing companies, they might find the bonding option a savings over insurance because the risk is being spread over a big fleet of cars. Since that's all that insurance companies do, the reasoning will be, "Let's post our own bonds, pocketing the profit that would ordinarily go to some insurance company."

Comment Re:The Onion had it right (Score 0) 118

As they say in Russian (a rough translation): saving those, who are drowning is up to those who are drowning. They also say: while you can hope that a god will help you, you should help yourself.

Basically there are enough people on the African continent to make it possible for those very people to figure out how to solve their own problems. I don't see African solutions to problems in Indonesia related to Avian Flu as an example.

Comment Re:When do I get to be a multinational corp? (Score 0) 330

Of-course people have these rights. You, as a person, have the right (meaning that you cannot be oppressed by government) to move out of a country and do your business in such a way as to minimise your taxes. Not having an entitlement to do that does not mean you do not, as a person, have the right (protection against government oppression).

Not being able to afford something does not mean you don't have a right to do it, having the right to do it does not mean you are also supposed to be given an entitlement to afford doing it.

Your lack of understanding of the concept of rights is not unique, most people don't get it.

Comment Re:When do I get to be a multinational corp? (Score 0) 330

That lack of global jurisdiction is used by both the rich and the multinational corps to skirt laws and taxation that are unfavorable to them in their home country.

- which is an extremely important right of people, the right not to be enslaved and kept in any particular country against their own will, the right to freedom of association, of private property, liberty and life.

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