chrishallquist | 11 years ago | on: Why a Six-Figure Salary No Longer Means You’re Rich
chrishallquist's comments
chrishallquist | 11 years ago | on: Why a Six-Figure Salary No Longer Means You’re Rich
chrishallquist | 11 years ago | on: Why a Six-Figure Salary No Longer Means You’re Rich
Though I mainly picked it out for the location, it was easy to tell the building was built explicitly to cater to the wealthy (because that's the kind of building that's getting built in SF right now). When I first moved in, I felt everything about the place was conspiring to tell me, "Yup, you're a rich asshole now."
Even with that expense, I still had plenty of money. Even if you feel like you're too good to pack a lunch, and need to eat at a hip restaurant for every single meal, I have no idea where this "barely covering living expenses" is coming from.
chrishallquist | 11 years ago | on: The Majority of Today’s App Businesses Are Not Sustainable
No—only in professions where the marginal cost of serving an additional customer is low.
chrishallquist | 11 years ago | on: The Majority of Today’s App Businesses Are Not Sustainable
Writing software is more profitable than writing prose (or poetry), because fewer people can do it, but at the end of the day the economics are the same: the fruits of your labor are easily copied, so making something that 10 million people read or use is not inherently much more expensive than making something 100 people read or use. Under those circumstances, it's easy for everyone to read the best content, and use only the best apps. People's differing tastes, need for variety, and imperfect awareness of their choices means the authors of the "second best" thing aren't completely screwed in either case, but it's still pretty close to winner-take-all.
(Also, social proof—people's tendency to use what other people are doing as a proxy for quality—amplifies winner-take-all tendencies, even when there are no obvious network effects.)