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Joined 1 year ago
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Cake day: July 26th, 2023

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  • psud@aussie.zoneto196@lemmy.blahaj.zoneREMOVED
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    23 days ago

    Amazon: people like books; people like next day delivery of stuff; people and companies like making stuff and running stuff in Amazon web services

    Minecraft: Marcus Persson owned the game studio (and wrote quite a bit of the game) that made Minecraft, lots of people like it, Microsoft was willing to buy it for billions

    Kiran Mazumdan-Shaw made beer, people like beer. They then used beer making processes to make biotech medicines - people like being alive and will pay a lot to stay alive, or even just a bit healthier


  • psud@aussie.zoneto196@lemmy.blahaj.zoneREMOVED
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    23 days ago

    There have been a couple (or maybe one or a few) that started with very little. A lot more had a gift or loan from a parent for enough to buy land or start a business, often that was less than $100,000

    As much as Musk’s family had money before, his initial big money came from his share of his brother and his city guide software “zip2” which they sold to Compaq for a few hundred million. Lots of people have made more complex or bigger programs with no more wealth than an average middle class family.

    Then x.com (the 1999 one, a bank) which became part of PayPal which sold to eBay for $1.5 billion which Musk got a share of

    Then he made SpaceX then Tesla* and Tesla made him a billionaire through his ownership of a large part of it

    *Tesla was made of Musk’s money and A/C Propulsion electric vehicle conversion system. It was incorporated with SpaceX’s incorporation papers with the company name changed. A/C propulsion’s drivetrain was replaced by a new system after a year of production of the roadster


  • psud@aussie.zoneto196@lemmy.blahaj.zoneREMOVED
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    23 days ago

    Having listened to ‘good bad billionaire’ for several episodes the formula is

    1. Create or inherit a company
    2. Do good at it
    3. Float it on the stock exchange
    4. Now own the bulk of a company whose stock values it at enough that your share is worth over a billion

    Or

    1. Make an insanely popular game
    2. Sell it to Microsoft

    Or

    1. Be the child of someone who did one of the above


  • I live in a suburb in a town designed as a car based place. We have a parkway, even.

    We do have local shops - I’m about as far from one as you can be, so I have two in opposite directions each 20 minutes walk away

    The local government is trying to densify the suburbs and allow us to build multiple residences on our block, but they limit the number of residences by the size of the block

    So even though some houses right by the shops got rebuilt recently they are each 2 individual residences, where that place and its public transport links could easily support as many as would fit

    If they really wanted us to increase density they’d let those people build four or five floors of apartments, they’d let me build a quadplex




  • I’m reading the Robert Caro biography of Robert Moses - the New York highway builder. By 1950 newspapers were saying “building these highways is a terrible idea, we need mass transit to move all the people that need to be moved unless you paved the entire city so no one could live here”




  • psud@aussie.zoneto196@lemmy.blahaj.zonearmyrule
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    2 months ago

    Nebula

    Fun thing about that service is that it was started by a group of YouTube creators who started by making an advertising service that was designed to share profit fairly (as opposed to their competition which aimed to extract as much money from advertisers and as much as they could from YouTube channels)

    After the adpocalypse they started a competing video service with similar ethics (Nebula)

    If Simon Whistler put his channels on nebula, I’d hardly use YouTube for anything but music

    This is the Wendover video on the subject



  • psud@aussie.zoneto196@lemmy.blahaj.zonetRULEck
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    3 months ago

    Australian here, I’m happy for America to call pickup trucks “trucks”. They’re closer to a light commercial vehicle than they are to a ute.

    Aside from all that, EN.US is their language. They can use it how they like. It’s just a shame their culture is so dominant that it can’t leave EN.AU alone