Comments for Josh Hannah

Comment on Mixing Entertainment and Commerce: Show Me the Fun by David Sachs

David Sachs — Tue, 24 Jan 2012 00:25:25 +0000

I’m rather late to this post, but it’s something I’ve been fascinated by as well.

I’ve always been attracted to a class of what I thought of as “contest commerce” companies. I would argue that includes Swoopo, but it also extends to Woot and other businesses that infuse shopping with a gaming-like feel.

What was most amazing to me about Woot was its economics–they turn over their entire inventory every 24 hours (usually in just 2-3 hours but once a day) and they enjoy negative working capital via collecting from customers well in advance of when money is due to suppliers. They turn their inventory faster than a Wal-Mart, at better (though slim) margins, and little to no physical inventory.

Comment on Online Poker goes on Tilt by payoya

payoya — Sun, 25 Dec 2011 22:42:46 +0000

I think that McManus is right, considering that the U.S. is a first world country, here in Paraguay regulations are below minimum. In games of chance are always gray areas.

karina - title="Tus Recetas faciles">recetas faciles

Comment on Where Insights Come From by InvestorGoodies

InvestorGoodies — Mon, 19 Dec 2011 18:07:17 +0000

Thank you for the great post

Comment on Do investors ever invest in a pre-revenue and pre-product company? by Hansmith

Hansmith — Mon, 19 Dec 2011 15:02:57 +0000

Its my pleasure that i visited this website...This post is the great resource for the investors for financing to the right company...I will surely discuss this post with my friends also..
Forex Trading

Comment on Online Poker goes on Tilt by Jesse Learmonth

Jesse Learmonth — Tue, 13 Dec 2011 07:39:09 +0000

Thanks. Like you say, baby steps!

Comment on Online Poker goes on Tilt by joshhannah

joshhannah — Tue, 13 Dec 2011 07:27:48 +0000

I don't know all the details but I think it's just horses for now…

Comment on Online Poker goes on Tilt by Jesse Learmonth

Jesse Learmonth — Tue, 13 Dec 2011 07:11:51 +0000

Bit of a diversion from the crux of your post, but I've read about Betfair's work to establish a racing exchange in the US. However, I haven't seen as much coverage about sports betting. Do you know if 3rd party devs can build on BDP to serve the CA market when it opens? Or is that all a bit premature?

Comment on Foreign Exchange by FOREX TIPS

FOREX TIPS — Wed, 07 Dec 2011 23:01:35 +0000

In my rush i think I'm a little off too, but my point is that Supply and quality are determining factors of historically higher value of currency in economies. Inflation is caused by manipulation of money supply. @STEPHANI

Comment on Do investors ever invest in a pre-revenue and pre-product company? by keizng

keizng — Wed, 16 Nov 2011 22:25:31 +0000

thanks for the answer; it is true that lots of investors these days want to see the product before committing to the cheque – in places like Singapore, Malaysia where grants are provided by the government, it is not so much an issue to have that prototype – unfortunately in the same part of the world investors want to see revenue before committing. frustrating but true

Comment on What to do about EV Charging by Arie Grapa

Arie Grapa — Wed, 28 Sep 2011 09:23:03 +0000

you could also take into consideration the charging state of the car when you make rules about who can park and for how long. For instance, if, at the moment you first connect to the station, your battery is at over 90%, then you cannot park. Another example is that you cannot stay for more than 1 hour of your battery reaching 100%.