Comments on: The most expensive lottery ticket in the world http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/ A slice of lime in the soda Sun, 26 Oct 2014 19:05:02 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: cheap fifa 15 coins http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-52618 Thu, 25 Sep 2014 22:30:57 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-52618 I don’t even know how I ended up here, but I thought this post was good. I do not know who you are but certainly you are going to a famous blogger if you aren’t already Cheers!

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By: Curmudgeon http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49900 Fri, 02 May 2014 22:32:10 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49900 I hope RadiumOne fails. Yesterday.

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By: Curmudgeon http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49901 Fri, 02 May 2014 22:32:10 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49901 I hope RadiumOne fails. Yesterday.

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By: skeptonomist2 http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49824 Thu, 24 Apr 2014 23:14:25 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49824 What we’re looking at here is gambling. It’s not basically different from buying a lottery ticket, or more like buying multiple tickets. Evidently the investors are looking for the giant payoff, and accepting (or are not aware of) the probability that they will never get a big return. Or maybe the operators of the venture funds are aware of probability and are just gambling with other people’s money.

Hedging, whether it’s Magnetar or hedge funds, is different.

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By: KenG_CA http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49823 Wed, 23 Apr 2014 23:31:17 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49823 The ultimate irony: Felix is leaving Reuters to join a start-up (okay, one with lots of money, he wont be miserable): http://gigaom.com/2014/04/23/felix-salmo n-is-leaving-reuters-for-the-fusion-netw ork-because-the-future-of-media-is-post- text/?utm_source=feedburner&utm_medium=f eed&utm_campaign=Feed%3A+OmMalik+%28Giga OM%3A+Tech%29

So these comments were probably the last Felix Salmon Smackdown.

Good luck there, Felix. I know I, and many other regulars here, will miss this place.

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By: TFF http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49822 Wed, 23 Apr 2014 22:08:21 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49822 C’mon, guys, you aren’t thinking like a connoisseur. The only meaning in life is a relaxed dinner at a fine restaurant over a bottle of good wine. Idle comfort is the ultimate goal of all creation.

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By: cemdev http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49820 Wed, 23 Apr 2014 16:45:05 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49820 Your entire post is predicated on the erroneous assumption that money is the only deciding factor on whether you want to work for yourself or not. Spend some more time talking to people before writing.

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By: A-V http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49818 Wed, 23 Apr 2014 14:49:59 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49818 Don’t be silly …

Friendship is forged in the trenches, fighting against something much bigger than anybody, including the Twitters, Face books, Goggles, & them lot – fighting those odds… that belong to no-one & are up for the taking. Sweet self-deception, “enjoying life and meeting friends and generally having lots of fun”. You try, and whatever comes out of that struggle is worth listening to…

The other thingies much bigger than oneself that tend to yield paychecks are not exactly known to forge brotherhood among men, mostly politics… Perhaps that too turns into a brotherly fight every now & then, but again, the externalities do not look much like Twitter, Google or Facebook.

Business skills – yeah, that’s what you get to learn “enjoying life and meeting friends and generally having lots of fun”… Absolutely necessary in the trenches.

Knowing when to quit must be an art [you living ?]. For whatever reason, it is not much sung. The ones that get it are no longer around to tell how they’ve done it, only the failures. And the ones who trade trenches.

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By: acinvstr http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49816 Wed, 23 Apr 2014 00:25:51 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49816 While I haven’t read the “No Exit” book I believe your premise, that entrepreneurs start companies with the ultimate goal of being happy, is incorrect. And even if that is the purpose for some entrepreneurs that pursuit and “grind” is not going to be enough to make them happy. Happiness comes from living a well balanced life and knowing what is most important–the relationships that on are this journey of life with you.

Getting back to the topic at hand, entrepreneurs need more than just the pursuit of happiness. They need to have a strong desire to start a company in silicon valley because they want to change the world and don’t mind amassing wealth as they do so. Having that one idea that is a game changer and disrupts a market is the drive–this is what makes America and Silicon Valley great. The motivation is knowing that taking that kind of risk, despite the odds, can influence the world for the better.

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By: acinvstr http://blogs.reuters.com/felix-salmon/2014/04/21/the-most-expensive-lottery-ticket-in-the-world/comment-page-1/#comment-49815 Wed, 23 Apr 2014 00:21:53 +0000 https://blogs.reuters.com/felix-salmon/?p=23371#comment-49815 While I haven’t read the “No Exit” book I believe your premise, that entrepreneurs start companies with the ultimate goal of being happy, is incorrect. And even if that is the purpose for some entrepreneurs that pursuit and “grind” is not going to be enough to make them happy. Happiness comes from living a well balanced life and knowing what is most important–the relationships that on are this journey of life with you.

Getting back to the topic at hand, entrepreneurs need more than just the pursuit of happiness. They need to have a strong desire to start a company in silicon valley because they want to change the world and don’t mind amassing wealth as they do so. Having that one idea that is a game changer and disrupts a market is the drive–this is what makes America and Silicon Valley great. The motivation is knowing that taking that kind of risk, despite the odds, can influence the world for the better.

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