I wish it was like a 2,000 piece ultimate collector’s set, but honestly this Mos Eisley Cantina set is looking pretty sweet.
(via LEGO Star Wars News: Toy Fair Report: LEGO Star Wars | From Bricks To Bothans)
Record collectors despair as IKEA discontinues Expedit shelving range – The Vinyl Factory -
Double whammy for me. Startups AND record collectors will feel this pain.
Four Numbers That Explain Why Facebook Acquired WhatsApp -
WhatsApp Co-Founders Jan Koum and Brian Acton
Earlier today, Facebook announced its acquisition of WhatsApp for $16 billion. It’s a spectacular milestone for the company’s co-founders Jan Koum and Brian Acton, and their remarkable team.
From the moment they opened the doors of WhatsApp,…
Okay, the numbers are huge, so if you look at it per user compared to something like Instagram, it sorta makes sense, and theoretically, Facebook knows how to monetize users and sell ads, so more users = more revenue, etc.
But I don’t completely buy it. Instagram made sense - it was pretty clear how they were going to monetize, stream-based monetization was pretty understood both by advertisers and by users. It was inevitable. Brands loved the “cool” of instagram, users spent a ton of time there, and had a habit of welcoming content from people they knew personally.
And you can compare it to the Twitter market cap and their ad revs, but Twitter is PUBLIC, and it’s basically catnip to advertisers for it’s earned media amplification and easy metrics in a public sphere.
Whats app has none of these. It’s not clear how ads will fit in. It’s not clear brands are dying for more media space on the web. There’s no community, no habit of engagement with content creator strangers (okay, some), and no easy metric solution. No obvious potential for earned media amplification of your paid media.
And it’s GOTTA be ads - Facebook has been woeful in non-advertising revenue - gifts, etc.
That $1/yr per user will amount to some significant revenue, eventually, though I don’t know what their conversion rates will be and I don’t know how easy it’ll be for kids to circumvent that or move on to something else. But best case - everyone converts, they keep their user rate, no one cheats, everyone pays, infrastructure overhead is lean - it comes nowhere near justifying the valuation.
This can all be overcome, and utilitarian ties into Facebook that retain the users in the FB ecosystem will be obvious steps. But the rest? It will be hard, to say the least. A hard sell to advertisers, and hard to retain the users in an ecosystem of numerous low-friction-to-switch competitors.
I doubt many advertisers are sitting here going “OMG YES! NOW THEY WILL SELL ADS!” Like they were with Instagram.
When we started the company we wanted to build something for the long term and sustainable,” he told interviewer David Rowan of Wired. “It’s not hard to sell a company, but if you look at [leading online] companies today like Facebook, Google, Yahoo and Twitter, they didn’t sell. They stuck around and built a great offering for users.” Koum acknowledged that these are all built on advertising, while WhatsApp is not, but the main idea remains: “For us it’s about [building] a company that is here to stay. —
Messaging Giant WhatsApp, Now With 430M Users, Has No Plans For Disappearing Photos | TechCrunch
What a difference 21 days make. And $16 billion, I guess.
I was having lunch with my friend Mike Brillstein [a.k.a. L.A. DJ Thee Mike B] on our way to play golf. This guy came in and started talking to Mike, asking him what he’s up to. He said, “Oh, I just did a remix for the new Afghan Whigs album my friend here made.” I turn around, and it’s Bob Odenkirk! I loved Mr. Show and Breaking Bad. Then he asked me, “So, a new Afghan Whigs record, huh? It’s been a long time!” Bob then took a picture of the two of us together — me looking like a deer in the headlights in my golf shirt, not my finest hour — and said, “I’m going to tweet this. People are going to freak out!” I started saying he shouldn’t, that the label wants to announce it first. But then he did it anyway, said, “Okay, Greg! Good luck!” — then split. It was hilarious — such a Saul Goodman moment! —
Afghan Whigs Return on ‘Do to the Beast’ With New Lineup, No Rules | Music News | Rolling Stone
How it came to pass that Bob Odenkirk announced the new Afghan Whigs album.
goGod on Flickr.
God Rox Go God
LEGO 70810 MetalBeard’s SeacowSet Unveiled at Toyfair [News] http://www.brothers-brick.com/2014/02/16/lego-70810-metalbeards-seacowset-unveiled-at-toyfair-news/
So ridiculously excited for this. Emmet’s double-decker couch, queasy Unikittey. It’s like the traditional Lego Pirate ship on acid.
Still have three sets to be announced, and one of them is BENNY’S SPACESHIP. The return of 1970’s blue and yellow Lego Space theme. That’s what I grew up on. I CANNOT WAIT.
LEGO CUUSOO Ghostbusters Ecto-1 set revealed [News] http://www.brothers-brick.com/2014/02/16/lego-cuusoo-ghostbusters-ecto-1-set-revealed-news/
An incredible political and economic experiment is playing out within San Francisco and its metropolitan area. The tech boom and the hyper-gentrification associated with it are testing the resolve and character of the city in a way the city or any other major American city has never experienced…
We could end up witnessing a San Francisco that reflexively tightens up its tenant protections and votes overwhelmingly against condominium development projects… On the other end, the city could become a Manhattan-esque playground for the rich of haute cafes that serve $4 toast, a place where community development centers get evicted and replaced by fusion restaurants catering to the whims of the latest food trends. —
San Francisco’s rightward turn: Why it may no longer be America’s iconic liberal city - Salon.com (via courtenaybird)
I’m not advocating one solution or another, but NY’s building boom is probably THE ONE THING bloomberg allowed that made this stupidly expensive city affordable at all. Zillions of people are moving into SF. There aren’t that many places to move in to. What was going to happen other than send prices through the roof and make it unaffordable.
The same thing happened to Seattle. They build. Lots. And it stayed relatively affordable. And quite a nice place, to boot.
I know I don’t live there anymore, but i don’t think people are advocating tearing down the wonderful old painted ladies and whatnot. But as small as that city is, there are plenty of places to more apartments if they wanted to.
"I love you… I know" by Amy Beth Christensen.
What is ‘work’, anymore? In context of capitalism/communism (and the old industrial economy), ‘work’ had basically meant a ‘worker’ getting paid to do some tangible, quantifiable task. E.g. I pay you $5 to move those 100 widgets. Or, maybe you get a loaf of bread if you move those 100 widgets.
But, in terms of the modern, knowledge economy, work means something different. I don’t need someone to move widgets. What I need is more content, better design, more aesthetics, more culture, more entertainment, more research and development. None of these are quantifiable or fungible. —
The Star Trek Economy | Hacker News
My Star Trek Economics piece blew up on Hacker News today. Some of the comments are wonderful. You could write a whole essay just on this comment about the migration of work from producing widgets to producing knowledge - something that most economic models just skip over.
"We live in a world where losing your phone is more dramatic than losing your virginity"
Um ok but I don’t recall my virginity having 16 GB of memory with all my contacts, music, photos, calendars, and apps or costing over $200.
my phone is an expensive and important material object and not a useless social construct put in place to shame and commodify women
Plus I remember where I lost my virginity.
And it wasn’t in the back of a cab. TWICE.
(Source: hiphopfightsplaque, via fishingboatproceeds)
rachelfershleiser should make this happen!
A phone app that shows you what ebooks people nearby are reading and you just swipe yes or no. We can call it Kinder.
In Rachel’s defense, she did try once!
BUT THE DREAM LIVES ON.