Wednesday, May 22, 2019

Friday, May 3, 2019

Uber Australia didnt make $875m


Yet again another failure in Australian press;

 


 

Uber Australia DIDN’T make $875 million – Uber USA made $875m, Uber Australia did Zero development, Zero management, Zero capital risk.

Uber Australia is just a local “booking agent” and put in minimal effort. If the ATO wants to tax Uber more than $8.5m then they should encourage startups to form and stay in Australia instead of letting the USA do most of the heavy lifting when it comes to developing and funding new technologies and startups.

The ball is in your court Scott Morrison.


https://www.businessinsider.com.au/uber-makes-785-million-in-australia-in-2018-but-pays-just-8-5-million-tax-2019-5?utm_source=Startup+Soda+Subscribers&utm_campaign=e890992212-EMAIL_CAMPAIGN_2019_05_02_11_14&utm_medium=email&utm_term=0_5ee39d43b6-e890992212-174977265

Sunday, April 28, 2019

David Rubenstein interviewing Randall Stephenson

Really interesting watching the David Rubenstein show this week - if this doesn't excite you about the future nothing will;
- https://www.bloomberg.com/news/videos/2019-04-24/the-david-rubenstein-show-at-t-ceo-randall-stephenson-video


https://www.bloomberg.com/news/videos/2019-04-24/the-david-rubenstein-show-at-t-ceo-randall-stephenson-video


Especially the last 3 minutes where Randall talks about the future "thin client mobile display" opportunity eg that the mobile device you are used to carrying, now with "faster/always on" persistent 5G connection, no longer needs the compute and storage power on the device but instead is a client related to a server in the cloud (or application occurring somewhere off device).

Reminds me of this deck I presented in 2006 where I talked about what applications would most benefit from this exact concept......progress moves slowly....but it does move relentlessly and once it does history is almost unrecognizable.






I'm thinking its time to get back into this space, if you are building something that encapsulates this concept-get in touch and lets discuss.


Cheers,
Dean





Saturday, February 16, 2019

RIP Amazon HQ2-NYC

Going to be interesting to see any of those people protesting generate $27B in taxation revenue from their corporations/startups........


https://www.nytimes.com/2019/02/14/opinion/amazon-new-york.html?


https://www.nytimes.com/2019/02/14/opinion/amazon-new-york.html?

Tuesday, February 12, 2019

Seriously expensive "cable tv bills"

Am I the only person who missed the fact that when Netflix paid $100m to stream re-runs of Friends that it actually opnly extended the contract a little over a year?? Seriously WTF?

Time to short $NFLX

https://www.marketwatch.com/story/dont-expect-warnermedia-to-share-friends-or-other-hit-shows-with-netflix-exec-says-2019-02-11


https://www.facebook.com/LiveMarketChat/posts/2251414015180607?