cmapes's comments

cmapes | 12 years ago | on: This Man's $600K Facebook Disaster Is a Warning For All Small Businesses

This is a key point. I'm sure Facebook carries a trade credit insurance policy and those policies require collections and court if a person/entity doesn't pay. So in other words they certainly ate the bill if they didn't make him pay.

The only logical reason to do this is fear of the truth coming out in court and the ensuing press coverage to damage their stock value.

Anyone have an idea about FB's liability if they were subpoenaed for fraud and the investigators found internal emails discussing the fake click problem and their decision to ignore it. Seems criminal to me.

cmapes | 12 years ago | on: The French way of cancer treatment

They [drug companies] are satisfied with the status quo because they ARE making money. The problem is that the FDA makes it near impossible for biotech startups to develop revolutionary and competitive oncology tech. Investors don't want to invest in early/mid stage biotech companies due to the extreme risk. Essentially these startups could have a viable product, yet get stonewalled by the FDA for years while waiting for trials and run out of money and dry up.

In many cases it's not really the research that drives the cost, but rather the ability to charge the cost they do because people want to live. I understand that perspective is controversial and some will down-vote me for it. One instance was when my Dad had Metastatic Melanoma and was on DTIC therapy (Dacarbazine). It was nearly $20k per infusion. Are you kidding me, $20K/infusion!? They did 8-10 infusions. Unfathomably expensive. Oh and DTIC is one of the crappy old drugs from the 1970's. Anyone who believes that the cost to produce the drug is anywhere within several orders of a magnitude of what it costs patients is delusional.

TL;DR The FDA and their non-startup friendly political processes are suppressing new players from emerging in the medical field who could create companies with revolutionary treatments. These treatments would bring a natural balance back to medical pricing through free market principles. Instead we're stuck with the current oligopoly where there's no major inventive to create cures which would cost billions in research while simultaneously ending hundreds of billions per year in recurring revenue on current semi-effective treatments.

/rant

cmapes | 12 years ago | on: Amazon Unveils Delivery By Drone

I think you're right. Then the next huge $bn+ company will be the ones who are able to solve the mathematical challenge of optimizing the symphony of orders, autonomous vehicles, drones, and hindering variables such as traffic and weather to maximize system throughput (and thereby profit) in near real-time. If there are multiple competitors and one figures this out better than the others, they will ultimately win.

cmapes | 12 years ago | on: A culture of beer and overtime

Spot on, California employment laws and Federal laws in the US will absolutely devastate your business if you try your hand at pulling this kind of shit.

cmapes | 12 years ago | on: SF fire chief bans helmet cameras in wake of crash

"Why yes, I shall protect myself and others who work for the public from accountability by banning cameras that document our work."

Perfect, you can just watch the culture trickle spread from the Federal Government to the local ones.

cmapes | 12 years ago | on: Website Screenshot Of Every Two-letter Domain

Surprise, surprise. No one is doing anything useful with the majority of them, just like many other potentially useful domain names online.

I remember how pissed I was in 1998 when I tried to register my first website and found most names were squatted already. Truth be told, I'm still bitter at domain squatters.

page 3