This is one of use-cases of Minut: minut.com/features/outdoor-n…
Our main use case is for protecting communities from the negative impact of short-term rentals, but we've had councils and even some community groups install our sensors to assess the impact of concert venues and traffic.
I enjoy Guns, Germs and Steel because it provides a context to history books that encompass less time. Team of Rivals is great in the biography category, and Salt by Kurlansky is great for seeing history through a different lens than one normally does. So many to choose from!
Hardware is also the interface to the physical world; with it we can build software that no one else without similar access can even build.
Kudos to the VC that messaged at 2.30a to cancel our morning meeting at Slush due to "very active due diligence" which I have to presume was in-person.
#Slush2024
Imagine the distress of a family who just scraped together enough savings for their forever-home—only to see SDLT abolished and replaced with a high property tax
Replace it with CGT on all property transactions instead and exempt people who already paid SDLT. That would be fair.
That's not surprising. Capital moves fast with incentives but building business is comparatively slow.
If we set up an environment that is conducive to entrepreneurship we eventually get a vibrant ecosystem and iconic companies. If you don't, you get economic stagnation.
The right way to think about it is just common sense.
If you raise taxes on alcohol, people drink less, if you raise it on labour, people work less.
Discouraging entrepreneurship seems stupid considering it's the economic engine from which people like you live off.
It's naive to think you would see a direct correlation between tax rates and entrepreneurship when other factors are so much more important.
People are mostly motivated by making a difference in the world and there's a decade delay between starting a paying your taxes.
What you're suggesting is a worse deal for entrepreneurs. Compare getting paid 50K a year vs 500K in a lump sum after ten years. The entrepreneur would be taxed higher than the worker, and that will discourage people from taking risk with bad consequences for the whole economy.
Starting a startup does not make sense at the best of times, if you're giving up a decade of secure income while helping to create jobs and you get punished with a higher effective tax rate you will go somewhere else to start that company.
If you don't see the exodus of European entrepreneurs to the US you're not looking.
The environment government creates matters massively, where startups are encouraged and entrepreneurs celebrated you get more of it, and more investment and job creation.
Tech entrepreneurs forgo secure salaries for years, which is fully equivalent to risking capital.
If you punish people willing to take risk, they will still start companies—just not in the UK. Jobs and investment will follow the entrepreneurs to the countries that welcome them.
The only ones who could give evidence or dispel rumours would be Trustpilot themselves.
The right move would be to open-source the algorithm so people could understand and verify how it works.
Steve was one of the good ones.
He covered the @MinutHQ Series A and was one of few journalists who took the time to understand how we protect privacy from the early days. 🙏🏻
In memory of Steve O’Hear tcrn.ch/3zZXoxa
The Trustpilot weighted average algorithm really is beautiful to behold. Would love to see the maths behind this!
