There’s a New Internet Era Approaching…
Tonight I read two articles, one on:
- how bloated and complicated the latest version of Ruby on Rails is
- how Javascript is the new must learn language
Separately and combined, both are such a mind grenade it can only mean one thing.
Loosely Interesting
Bitrayal
Fermenting: Broken Gnome – Belgian Dubbel Rye
My neighbors have a fantastic garden gnome. Turns out, it hit a rough patch a while back and needed significant repair. Immediately I knew this story needed a commemorative beer.
- This Belgian Dubbel Rye is dedicated to that Broken Gnome
- 10# Belgian Pilsner Malt
- 2# Rye Malt
- 2# Belgian Biscuit Malt
- 1.0 oz Crystal hops @ 60
- 1.5 oz Crystal hops @ 30
- 1.5 oz Crystal hops @ 15
- Wyeast Belgian Ardenes (3522)
Inspired by J’s comment, I gave the brew-in-a-bag technique a try for this beer. So far, I’m extraordinarily happy with the process. Straight forward all around. Took about 4 hours total (30 min set up + 60 min mash + 60 min boil + 45 min cool down + 30 min cleanup).
- OG 1.068
- IBU 22.3
- BU:GU 0.32 (malty/sweet)
The URL Shortener Subcommittee
Writing the Great American Startup
To Do: Just One Project Today
First quarter, things were so crazy I had gone to blocking off specific days for specific projects. I had gotten into a comfortable rhythm with my schedule and was able to move quite a few things forward quickly.
Second quarter, things lightened up a bit and I went back to blocking off multiple projects per day in 2-3 hour chunks.
Then this week, two deadlines have me – unexpectedly – back to dedicating entire days to a project (and it’s only Tuesday!).
I had forgotten the sense of accomplishment and flow that comes with plowing through one thing, uninterrupted for 6 hours.
So, yes, I’ll be instituting 1 project / day on the calendar moving forward.
This is also consistent with both the Pomodoro Technique and the Cult of Done.
Are Groupon’s Investors Asking for a Public Bailout?
Over the past couple years, I’ve consulting on a number of projects (at least 4) in the same space as Groupon (et al).
This model of providing a heavily discounted coupon on local merchants just doesn’t sit right with me – for two reasons.
- it applies significant downward pressure on the merchant’s overall prices (even more-so when the coupon distributor takes a double-digit percentage off the top.
- it sends the wrong type of people (those only looking for a firesale) into the merchants doors.
- the slashdot-effect this causes it almost always makes the customer-merchant experience less enjoyable.
Groupon’s S-1 filing has exposed the downside remarkable hyper-growth strategy they’ve pursued – $230,000,000 in the red.
With how many competitors on their tail? At least 10 in a mid-sized market like Minneapolis – and that’s not counting the ones that haven’t launched
It’s a hot space. An overheating space running the risk of exhausting everyone – fifteen minutes from now.
Before then, Groupon’s series G investors sure would like to get their return.
Where do you turn when you desperately need a huge infusion of cash just to keep the lights on and you’ve already executed a G-round?
The public market!
And if you’re already a public company?
Congress!
Elsewhere:
“This IPO game isn’t about finding value, it’s about finding a greater fool” – Sucharita Mulpuru