Category: Finance
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CAP Twelve Years Later: How the “Rules” Have Changed
Eric Brewer about CAP Twelve Years Later: How the “Rules” Have Changed:
The CAP theorem asserts that any networked shared-data system can have only two of three desirable properties. However, by explicitly handling partitions, designers can optimize consistency and availability, thereby achieving some trade-off of all three.… Continued
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Breaking through
Building your brand: If you are in the start-up world, either as an employee, founder, investor or aspiring to do any of the three, it is important to thoughtfully build your online and offline identity. The beauty is that these efforts are valuable for anything you might want to do, and, in fact, is great practice for what you’ll do when you land your dream role.… Continued
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Wall Street power player: We’re incentivized to cheat
Wall Street power player: We’re incentivized to cheat:
Well, as we now know from Lanny Breuer and Eric Holder, too-big-to-fail is also too-big-to-jail. We now have admissions by the federal government that, in fact, this behavior was not extensively examined or investigated because of systemic issues.… Continued
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Unfazed By Bitcoin’s Wild Swings And Mysterious Origins, Silicon Valley VCs Place Their Bets
Unfazed By Bitcoin’s Wild Swings And Mysterious Origins, Silicon Valley VCs Place Their Bets:
Bitcoin’s record highs and the ensuring surge in hacking attempts and thefts may be grabbing headlines. However, beneath the chaos, Silicon Valley’s best-known venture firms are finally starting to make real bets around the crypto-currency.… Continued
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Monkeys should be given billion dollar bonuses
Monkeys should be given billion dollar bonuses:
It’s amazing how often Monkeys and Money come up in conversation. First, there is the proof that money is in our DNA like sex. Monkeys proved it in a Yale University exercise back in 2009.
Monkey Business.
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The Kickstarter Principle: Crowdfunding doesn’t work without transparency and trust
The Kickstarter Principle: Crowdfunding doesn’t work without transparency and trust:
Every now and then, there’s a truly heart-warming story about crowdfunding, like the case of the school-bus monitor who was tormented by kids on her bus and wound up with a windfall of $700,000.… Continued
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The Bitcoin surge is a crisis of faith
The Bitcoin surge is a crisis of faith:
Simultaneously [with the Cyprus crisis], the value of BitCoin shot through the roof.Why?
Is it because BitCoin is well designed as a replacement for the currency that currently operates enormous economies in seventeen industrialized nations?… Continued
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Banks are just data vaults
[…] banks need to think about how they reconstruct themselves for the 21st century. What this really comes down to is that banks are becoming pure managers of bits and bytes of data. It is the data that has the value today and it is the data that is the basis of competitive battles in the future.… Continued
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PayPal Co-Founder Levchin Launches New Payments Startup, Affirm
Exclusive: PayPal Co-Founder Levchin Launches New Payments Startup, Affirm:
As part of its effort, Affirm will use Facebook for authentication of consumers, and also use a number of other social and data signals to assess risk. It will then guarantee payment to merchants — who will pay Affirm a fee — after this check.… Continued