Comment: Re:-1 User gave me reality check (Score 1) 472
https://plus.google.com/+YonatanZunger/posts/SgzQU5DM3LQ
Comment: Re:Magic The Gathering (Score 1) 74
Comment: Re:Graphics cards (Score 1) 160
Now imagine that your company has correctly identified that pricing sweetspot, but some of your product is partially defective, though still useful. You cannot sell it at that same ideal price as the fully-featured product. So, you necessarily sell it at some discount.
Comment: Re: Still slower than AMD (Score 1) 160
Comment: Re:Start here (Score 1) 1145
I do recognize you were being funny.
Comment: Re:I'd be pissed (Score 1) 120
I'm going to hope that was a joke. I don't have the heart to explain all of economics tonight.
Dude, I get it. This and other Kickstarters aren't typical venture-capital investments. In fact, I think that is by design; I think that in the U.S., there are regulatory issues with crowd-funding venture capital, and so Kickstarter is intentionally structured this way.
I see below where you replied to an AC with:
But buying an item at a discount isn't an investment. It's like coming home from the mall with 20 shirts you didn't intend to buy and saying "but I saved money, they were on sale!"
That is not what happened in the case of Pebble. What happened is: I ponied up $110 in a "pledge" (read: angel investment,) for what amounted to a 0.001% stake. Then, prior to the first VC round, the future value of my equity was discounted back to present value, and paid to me in the currency of a Pebble watch, currently valued at $150.
Yes, I am saying the above somewhat tongue-in-cheek. But my primary point is: the only reason it is done this way is to work around regulatory issues.
Comment: Re:HTTPS means something specific (Score 1) 252
Comment: Re:I'd be pissed (Score 1) 120
Comment: Re:kickstarter: (Score 1) 120
Yes, I was a Kickstarter backer for Pebble. And, I received mine, at the stated discount. So I got my expected ROI.
Comment: Re:I'd be pissed (Score 2) 120
Yes, I was a Kickstarter backer for Pebble. And, I received mine, at the stated discount. So I got my expected ROI.
Electronics-Loving 'Crazy Ants' Invading Southern US 250
from the but-ants-are-nice dept.
WD Explains Its Windows-Only Software-Based SSHD Tech 286
from the horse-before-the-cart dept.
Comment: Re:No help for the OED until they change pricing (Score 2) 91
If a word is used only once [...] is it really a word?
Yes... it is a hapax legomenon.
Comment: Re:Better than cash (Score 1) 297
A little bit of inflation is good, in that it discourages mattress-stuffing.