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Greg Cohn's (Other) Blog

@gregcohn / gregcohn.tumblr.com

Technology innovation enthusiast, entrepreneur, dad. Founder of Ad Hoc Labs (makers of Burner); living in Los Angeles and probably oversharing on Twitter.
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There are literally hundreds of companies that [produce] greater than 5x per year returns that are not one of those 10 to 15, and if you invest in only those companies, you can be in the top 1 percent of all venture capital firms year over year over year.The reason the common wisdom is that you need to be in one of those 10 to 15 companies is because venture capitalists make so many bad investments that lose money.

Source: TechCrunch
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“Ordering the genetic parts required to tailor DNA isn’t as easy as buying a pair of shoes from Zappos, but it seems to be headed in that direction. Yan turned on the computer at his lab station and navigated to an order form for a company called Integrated DNA Technologies, which synthesizes biological parts. “It takes orders online, so if I want a particular sequence I can have it here in a day or two,” he said. That is not unusual. Researchers can now order online almost any biological component, including DNA, RNA, and the chemicals necessary to use them.” Humans 2.0 http://www.newyorker.com/magazine/2015/11/16/the-gene-hackers via Instapaper
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reblogged
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“on-demand marketplaces will soon offer a powerful enough distribution infrastructure (through both very large customer bases and efficient nationwide delivery networks) to spare emerging chefs the hassle and high upfront investment of launching a physical restaurant. They can instead rent space in industrial kitchens located in their delivery area of choice, and test new concepts on the cheap, the on-demand marketplaces acting as discovery/distribution channels for them – appstores for food.” The Billion Dollar Food Delivery Wars http://social.techcrunch.com/2015/07/11/the-billion-dollar-food-delivery-wars/ via Instapaper
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Netflix is not the problem — it’s even going to enjoy unlimited access to customers as part of Binge On, along with all the other huge suits who were called out by name today at T-Mobile's event. It’s the next Netflix, or YouTube, or Pandora, that’s going to suffer. One of the worst cases of the internet is a world in which suits at Comcast or T-Mobile have to meet in a boardroom with Google or Apple or some fresh-faced startup before you’re allowed to experience something without limits. That future looks more and more likely as media companies, technology companies, and telecommunications companies become more tightly integrated in complicated layers of cartel-style ownership — the same way the TV business has operated for decades.
Source: theverge.com