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The Accidental Tech Podcast

14: Pouring Champagne Onto Rap Stars

 

00:00:00   my mind defaulters not to accept an invitation to anything social so that [<a href="https://overcast.fm/+CdTc8-_8/0">TS</a>]

00:00:05   serves me well to receive pay so you had an interesting week a bit anything [<a href="https://overcast.fm/+CdTc8-_8/5">TS</a>]

00:00:12   happen [<a href="https://overcast.fm/+CdTc8-_8/12">TS</a>]

00:00:13   where's your car that's the interesting part I don't have my beginning tomorrow [<a href="https://overcast.fm/+CdTc8-_8/13">TS</a>]

00:00:18   or the next day or maybe maybe this weekend you know it's it's the same the [<a href="https://overcast.fm/+CdTc8-_8/18">TS</a>]

00:00:22   same BS so it's interested so yeah anything else happen [<a href="https://overcast.fm/+CdTc8-_8/22">TS</a>]

00:00:27   yeah I guess tumblr sold so you here so I hear ya any thoughts on that [<a href="https://overcast.fm/+CdTc8-_8/27">TS</a>]

00:00:35   me know I don't want to rehash my blog post too much but I mean what do you [<a href="https://overcast.fm/+CdTc8-_8/35">TS</a>]

00:00:43   wanna know I don't know where should I even begin there there's a lot there's a [<a href="https://overcast.fm/+CdTc8-_8/43">TS</a>]

00:00:47   lot to cover there there's there is practical aspects of who they're selling [<a href="https://overcast.fm/+CdTc8-_8/47">TS</a>]

00:00:53   to what what there may be doing what they might have sold why this is good or [<a href="https://overcast.fm/+CdTc8-_8/53">TS</a>]

00:00:57   bad what this means for tumblr what this means for me what this means for you [<a href="https://overcast.fm/+CdTc8-_8/57">TS</a>]

00:01:01   what this means for the animated GIF format there's there's so many things [<a href="https://overcast.fm/+CdTc8-_8/61">TS</a>]

00:01:05   that they began about how you start extremely selfishly myopic Lee and you [<a href="https://overcast.fm/+CdTc8-_8/65">TS</a>]

00:01:12   can blame me for this when you get a lot of flak for it and then will migrate our [<a href="https://overcast.fm/+CdTc8-_8/72">TS</a>]

00:01:15   way out to whether this is a good fit but for the two companies that's unfair [<a href="https://overcast.fm/+CdTc8-_8/75">TS</a>]

00:01:20   that works so you've bought how many opps how many cattle how many [<a href="https://overcast.fm/+CdTc8-_8/80">TS</a>]

00:01:25   helicopters and I do believe I speak for John and asking when is his Ferrari [<a href="https://overcast.fm/+CdTc8-_8/85">TS</a>]

00:01:29   arriving in one is my Aston arriving [<a href="https://overcast.fm/+CdTc8-_8/89">TS</a>]

00:01:32   well first of all I should also mention the other awesome thing that happened [<a href="https://overcast.fm/+CdTc8-_8/92">TS</a>]

00:01:35   this past week and that is that my wife and I visited the Syracuse's at their [<a href="https://overcast.fm/+CdTc8-_8/95">TS</a>]

00:01:39   house under that tree in part to the jury though I want him off [<a href="https://overcast.fm/+CdTc8-_8/99">TS</a>]

00:01:45   know we visited the house I stood under the tree and I managed to the head I [<a href="https://overcast.fm/+CdTc8-_8/105">TS</a>]

00:01:50   managed to stay conscious and and and dodge although the phone acorns however [<a href="https://overcast.fm/+CdTc8-_8/110">TS</a>]

00:01:54   I did witness the destruction that they have caused on these cars and and I do [<a href="https://overcast.fm/+CdTc8-_8/114">TS</a>]

00:01:58   agree with John that if he's going to park a car in his driveway it would it [<a href="https://overcast.fm/+CdTc8-_8/118">TS</a>]

00:02:04   would be a shame if it was a really awesome car getting all those dance [<a href="https://overcast.fm/+CdTc8-_8/124">TS</a>]

00:02:07   however I will also say that [<a href="https://overcast.fm/+CdTc8-_8/127">TS</a>]

00:02:11   one block away from John I passed a brand new black f10 m5 parked on the [<a href="https://overcast.fm/+CdTc8-_8/131">TS</a>]

00:02:18   street that's where your car is [<a href="https://overcast.fm/+CdTc8-_8/138">TS</a>]

00:02:20   yeah right exactly and and there are there were lots of nice cars in John's [<a href="https://overcast.fm/+CdTc8-_8/140">TS</a>]

00:02:28   vicinity that were parked on the street and so I think maybe street parking [<a href="https://overcast.fm/+CdTc8-_8/148">TS</a>]

00:02:32   might be good enough [<a href="https://overcast.fm/+CdTc8-_8/152">TS</a>]

00:02:34   well you can like that for half the year you can park in the winter cuz they plow [<a href="https://overcast.fm/+CdTc8-_8/154">TS</a>]

00:02:38   they don't allow it or you shouldn't notice to you can't tonight allowed [<a href="https://overcast.fm/+CdTc8-_8/158">TS</a>]

00:02:41   overnight anyway [<a href="https://overcast.fm/+CdTc8-_8/161">TS</a>]

00:02:42   ok yeah how many are there in the winter [<a href="https://overcast.fm/+CdTc8-_8/162">TS</a>]

00:02:47   yeah you know something in my garage but it's a small garage I could wedge car [<a href="https://overcast.fm/+CdTc8-_8/167">TS</a>]

00:02:53   and therefore need to think the same about the scars how to both covered with [<a href="https://overcast.fm/+CdTc8-_8/173">TS</a>]

00:02:56   dance for the most part all those dance for created like early on before I got [<a href="https://overcast.fm/+CdTc8-_8/176">TS</a>]

00:03:03   wise to you know what was going on certainly the ones of the Civic were all [<a href="https://overcast.fm/+CdTc8-_8/183">TS</a>]

00:03:06   made before I realized what was happening because they just notice it [<a href="https://overcast.fm/+CdTc8-_8/186">TS</a>]

00:03:09   then they accord it's like well tried to minimize it didn't care that much of a [<a href="https://overcast.fm/+CdTc8-_8/189">TS</a>]

00:03:14   fancy car I would park on the street all time are talking into the garage in both [<a href="https://overcast.fm/+CdTc8-_8/194">TS</a>]

00:03:18   places it would be totally safe for the garage will be tough because you can't [<a href="https://overcast.fm/+CdTc8-_8/198">TS</a>]

00:03:21   put the car into the garage with kids and they can't get out 'cause i cant [<a href="https://overcast.fm/+CdTc8-_8/201">TS</a>]

00:03:24   open the doors because the ground is too small so like I said I would need an [<a href="https://overcast.fm/+CdTc8-_8/204">TS</a>]

00:03:28   entire new house to go with the new car maybe like one of those things like the [<a href="https://overcast.fm/+CdTc8-_8/208">TS</a>]

00:03:33   apartments in hong kong something ready cargo not an elevator and then you can [<a href="https://overcast.fm/+CdTc8-_8/213">TS</a>]

00:03:37   look at it all day behind a glass wall yeah so the visit was good though I am [<a href="https://overcast.fm/+CdTc8-_8/217">TS</a>]

00:03:45   very jealous you and I had briefly colluded and I had thought about perhaps [<a href="https://overcast.fm/+CdTc8-_8/225">TS</a>]

00:03:50   crashing your visit but as it turns out I had a very busy week of going to prom [<a href="https://overcast.fm/+CdTc8-_8/230">TS</a>]

00:03:55   amongst other things and your weekend going to prom amongst other things and [<a href="https://overcast.fm/+CdTc8-_8/235">TS</a>]

00:03:59   that's not a joke and it's a story that I'm not gonna bother telling but I was [<a href="https://overcast.fm/+CdTc8-_8/239">TS</a>]

00:04:03   very disappointed that we couldn't that Aaron and I couldn't join you guys I [<a href="https://overcast.fm/+CdTc8-_8/243">TS</a>]

00:04:06   would've been really awesome but there was a good visit the original plan was [<a href="https://overcast.fm/+CdTc8-_8/246">TS</a>]

00:04:09   that would drive my new car there [<a href="https://overcast.fm/+CdTc8-_8/249">TS</a>]

00:04:11   and I'll be fun new car didn't didn't get here in time so and we were we were [<a href="https://overcast.fm/+CdTc8-_8/251">TS</a>]

00:04:16   going to messages for other reasons so so we figured but still visit the [<a href="https://overcast.fm/+CdTc8-_8/256">TS</a>]

00:04:20   Syracuse's even though I had my old slow car and the driver crappy BMW [<a href="https://overcast.fm/+CdTc8-_8/260">TS</a>]

00:04:25   practically terrible first world problems we should probably move so [<a href="https://overcast.fm/+CdTc8-_8/265">TS</a>]

00:04:35   let's talk about how your filthy stinking rich in never have to worry [<a href="https://overcast.fm/+CdTc8-_8/275">TS</a>]

00:04:39   about money except do it's not quite that simple there was a so there's [<a href="https://overcast.fm/+CdTc8-_8/279">TS</a>]

00:04:44   there's two things on this topic but they were really good here up in here [<a href="https://overcast.fm/+CdTc8-_8/284">TS</a>]

00:04:49   this is the link to one of them in the shower put the show notes by Dave Winer [<a href="https://overcast.fm/+CdTc8-_8/289">TS</a>]

00:04:53   from back in the year 2000 back when all the planes are supposed to fall out of [<a href="https://overcast.fm/+CdTc8-_8/293">TS</a>]

00:04:57   the sky and that one guy got a really overdo blockbuster bill accidentally so [<a href="https://overcast.fm/+CdTc8-_8/297">TS</a>]

00:05:03   in the year 2000 he is basically an article about you know theoretically [<a href="https://overcast.fm/+CdTc8-_8/303">TS</a>]

00:05:09   thinking about how much money do you need to be set and be fine and be secure [<a href="https://overcast.fm/+CdTc8-_8/309">TS</a>]

00:05:15   and then how happy with the actually make you in practice and even number of [<a href="https://overcast.fm/+CdTc8-_8/315">TS</a>]

00:05:23   good points like you know if you if you don't spend your money totally [<a href="https://overcast.fm/+CdTc8-_8/323">TS</a>]

00:05:26   irresponsible if you only buy things that you actually use so that rules out [<a href="https://overcast.fm/+CdTc8-_8/326">TS</a>]

00:05:30   things like you know fifteen different cars cars like only buy things you're [<a href="https://overcast.fm/+CdTc8-_8/330">TS</a>]

00:05:35   going to use and you know don't be totally crazy about it like how much [<a href="https://overcast.fm/+CdTc8-_8/335">TS</a>]

00:05:40   money do you really need before you can just live off the interest and you know [<a href="https://overcast.fm/+CdTc8-_8/340">TS</a>]

00:05:44   be be fairly secure and his point is that it's probably lower than you think [<a href="https://overcast.fm/+CdTc8-_8/344">TS</a>]

00:05:49   once you start realizing like well if you exclude things that you don't really [<a href="https://overcast.fm/+CdTc8-_8/349">TS</a>]

00:05:53   ever use then then you know it's not that much of the things that you won't [<a href="https://overcast.fm/+CdTc8-_8/353">TS</a>]

00:05:59   use but the point is the whole point being rich one of one of his point was [<a href="https://overcast.fm/+CdTc8-_8/359">TS</a>]

00:06:03   hilariously true and and and I might need to think about it at some point he [<a href="https://overcast.fm/+CdTc8-_8/363">TS</a>]

00:06:11   said that we get more practical buying things like second houses third cars [<a href="https://overcast.fm/+CdTc8-_8/371">TS</a>]

00:06:17   vacation homes big things that I wonder if most people would be comfortable [<a href="https://overcast.fm/+CdTc8-_8/377">TS</a>]

00:06:20   actually maintaining three cars have to be registered three times a year [<a href="https://overcast.fm/+CdTc8-_8/380">TS</a>]

00:06:24   your second home needs to be furnished to maintain even when you're not there [<a href="https://overcast.fm/+CdTc8-_8/384">TS</a>]

00:06:27   you say you can hire people to do these things for you then you to spend to time [<a href="https://overcast.fm/+CdTc8-_8/387">TS</a>]

00:06:31   in your life dealing with employees is this happiness it might not be as happy [<a href="https://overcast.fm/+CdTc8-_8/391">TS</a>]

00:06:35   as you think and you go so true it's like I just sold my fun car because I [<a href="https://overcast.fm/+CdTc8-_8/395">TS</a>]

00:06:41   didn't like having multiple cars like it was so inconvenient in so many ways that [<a href="https://overcast.fm/+CdTc8-_8/401">TS</a>]

00:06:46   I I'd rather just get one great car instead of having one decent car and one [<a href="https://overcast.fm/+CdTc8-_8/406">TS</a>]

00:06:51   fun car rather have one bigger fun car and just combine the roles and that's [<a href="https://overcast.fm/+CdTc8-_8/411">TS</a>]

00:06:57   that's that's what he's saying here is like you know if you if you start [<a href="https://overcast.fm/+CdTc8-_8/417">TS</a>]

00:07:00   limiting yourself to like only things you actually would feel comfortable [<a href="https://overcast.fm/+CdTc8-_8/420">TS</a>]

00:07:02   maintaining without being too much of a pain in the butt then then then a you [<a href="https://overcast.fm/+CdTc8-_8/422">TS</a>]

00:07:09   don't need as much money as you think to reach that point and be money won't make [<a href="https://overcast.fm/+CdTc8-_8/429">TS</a>]

00:07:15   you happy [<a href="https://overcast.fm/+CdTc8-_8/435">TS</a>]

00:07:16   by itself the chatroom got into the same thing I was thinking like you have to [<a href="https://overcast.fm/+CdTc8-_8/436">TS</a>]

00:07:20   break through that barrier so he could hire people to deal with the people that [<a href="https://overcast.fm/+CdTc8-_8/440">TS</a>]

00:07:23   you hired him in danger of their homes like that's that's the break through [<a href="https://overcast.fm/+CdTc8-_8/443">TS</a>]

00:07:27   barriers being rich rich is like no I don't want to deal with it the second [<a href="https://overcast.fm/+CdTc8-_8/447">TS</a>]

00:07:31   house and worrying about it hired dealing with employees you have to get [<a href="https://overcast.fm/+CdTc8-_8/451">TS</a>]

00:07:34   all way through to the point where you can hire people to deal with people did [<a href="https://overcast.fm/+CdTc8-_8/454">TS</a>]

00:07:38   you hire and then you just have to hire like maybe two or three good people and [<a href="https://overcast.fm/+CdTc8-_8/458">TS</a>]

00:07:41   you're all set and so having to deal with like incrementally as you buy more [<a href="https://overcast.fm/+CdTc8-_8/461">TS</a>]

00:07:45   things having to hire more people to deal but i think thats like that's a [<a href="https://overcast.fm/+CdTc8-_8/465">TS</a>]

00:07:49   whole other level like the same reason why I like you know there's this ancient [<a href="https://overcast.fm/+CdTc8-_8/469">TS</a>]

00:07:53   John Stauffer article that talks about enterprise software pricing and how [<a href="https://overcast.fm/+CdTc8-_8/473">TS</a>]

00:07:56   they're there's there's very little software price between $1,000 and [<a href="https://overcast.fm/+CdTc8-_8/476">TS</a>]

00:08:00   $15,000 because once you cross over that threshold of $1,000.00 so you need to [<a href="https://overcast.fm/+CdTc8-_8/480">TS</a>]

00:08:05   start sending sales people out to businesses and everything in your costs [<a href="https://overcast.fm/+CdTc8-_8/485">TS</a>]

00:08:08   go up tremendously by having overhead of committing the business and its ok to [<a href="https://overcast.fm/+CdTc8-_8/488">TS</a>]

00:08:12   spend this kind of money is a need to raise your prices like this big price [<a href="https://overcast.fm/+CdTc8-_8/492">TS</a>]

00:08:15   gap I feel like there's a big like you know rich person management alike if you [<a href="https://overcast.fm/+CdTc8-_8/495">TS</a>]

00:08:21   where you can't like it would suck to hire like a person to manage your [<a href="https://overcast.fm/+CdTc8-_8/501">TS</a>]

00:08:28   vacation house for you and in my opinion also sucks to maintain a vacation house [<a href="https://overcast.fm/+CdTc8-_8/508">TS</a>]

00:08:32   like my in-laws have always had like there [<a href="https://overcast.fm/+CdTc8-_8/512">TS</a>]

00:08:35   r their regular house in their vacation house and my mom has has she said the [<a href="https://overcast.fm/+CdTc8-_8/515">TS</a>]

00:08:39   same setup now she's back to one house but maintaining two houses really does [<a href="https://overcast.fm/+CdTc8-_8/519">TS</a>]

00:08:44   suck like my my mom and my endless day they like doing it so that was fine and [<a href="https://overcast.fm/+CdTc8-_8/524">TS</a>]

00:08:49   you know they that was fine for them maybe it's fine for Merlin but I think [<a href="https://overcast.fm/+CdTc8-_8/529">TS</a>]

00:08:55   like the idea of maintaining multiple houses like it's the same reason why [<a href="https://overcast.fm/+CdTc8-_8/535">TS</a>]

00:09:00   didn't want to cause any more like I just I hate all that crap and and you're [<a href="https://overcast.fm/+CdTc8-_8/540">TS</a>]

00:09:05   right yeah I guess I guess like the super rich will then have have tears of [<a href="https://overcast.fm/+CdTc8-_8/545">TS</a>]

00:09:10   people that are maintaining but that's really expensive and so you have to have [<a href="https://overcast.fm/+CdTc8-_8/550">TS</a>]

00:09:15   to be like [<a href="https://overcast.fm/+CdTc8-_8/555">TS</a>]

00:09:16   substantially wrecked it even manage that and be even if I got that kind of [<a href="https://overcast.fm/+CdTc8-_8/556">TS</a>]

00:09:22   money I don't think I feel good about spending it like that you know that if I [<a href="https://overcast.fm/+CdTc8-_8/562">TS</a>]

00:09:27   were talking you know once once the rumors are flying about the number thing [<a href="https://overcast.fm/+CdTc8-_8/567">TS</a>]

00:09:31   on I think it was Friday night when they first came out we start talking like ok [<a href="https://overcast.fm/+CdTc8-_8/571">TS</a>]

00:09:35   what if this is really you know what will we do if we if we get a chunk of [<a href="https://overcast.fm/+CdTc8-_8/575">TS</a>]

00:09:40   money from this and we we both know we're talking through really no I don't [<a href="https://overcast.fm/+CdTc8-_8/580">TS</a>]

00:09:46   think we really gonna buy anything immediately and I don't think we're [<a href="https://overcast.fm/+CdTc8-_8/586">TS</a>]

00:09:50   gonna make any substantial changes in our life like it and didn't tell her [<a href="https://overcast.fm/+CdTc8-_8/590">TS</a>]

00:09:54   about the pci-express SSD I guess I I told her it installed for you guys this [<a href="https://overcast.fm/+CdTc8-_8/594">TS</a>]

00:10:00   is this is how much I like you guys it's installed in my computer right now and [<a href="https://overcast.fm/+CdTc8-_8/600">TS</a>]

00:10:04   I'm not using it because the transfer would have taken too long and I would [<a href="https://overcast.fm/+CdTc8-_8/604">TS</a>]

00:10:08   have run over into the show ya so this move your email and try to copy all your [<a href="https://overcast.fm/+CdTc8-_8/608">TS</a>]

00:10:13   data at the same time the email is a separate issue I was actually deleting [<a href="https://overcast.fm/+CdTc8-_8/613">TS</a>]

00:10:18   80,000 notification emails from PayPal from various Instapaper subscription [<a href="https://overcast.fm/+CdTc8-_8/618">TS</a>]

00:10:24   things over the years cuz everytime people as anything the email you even if [<a href="https://overcast.fm/+CdTc8-_8/624">TS</a>]

00:10:27   it's something like that we're like an API will be a lot better [<a href="https://overcast.fm/+CdTc8-_8/627">TS</a>]

00:10:30   nope nope somebody has to get an email so people are so so bad please I i [<a href="https://overcast.fm/+CdTc8-_8/630">TS</a>]

00:10:38   prayed to the gods of programming out there don't let anybody ever used PayPal [<a href="https://overcast.fm/+CdTc8-_8/638">TS</a>]

00:10:42   again by the way this is a topic we talk about when its launch but [<a href="https://overcast.fm/+CdTc8-_8/642">TS</a>]

00:10:48   this Jolla square cash thing looks really interesting you see this thing [<a href="https://overcast.fm/+CdTc8-_8/648">TS</a>]

00:10:53   that your iPad goes into to make a point of sale [<a href="https://overcast.fm/+CdTc8-_8/653">TS</a>]

00:10:55   know that that's something that's the register this is square is apparently [<a href="https://overcast.fm/+CdTc8-_8/655">TS</a>]

00:10:59   beta testing or by by invitation only testing a service where you can send [<a href="https://overcast.fm/+CdTc8-_8/659">TS</a>]

00:11:04   anybody what appears to be an ACH payment for $0.25 no matter what the [<a href="https://overcast.fm/+CdTc8-_8/664">TS</a>]

00:11:09   amount of the payment is to an email address and email address and they log [<a href="https://overcast.fm/+CdTc8-_8/669">TS</a>]

00:11:13   in and they they claim that the deposit in the bank and now you're Philadelphia [<a href="https://overcast.fm/+CdTc8-_8/673">TS</a>]

00:11:17   $0.25 yeah now so and if true that would that would make it substantially cheaper [<a href="https://overcast.fm/+CdTc8-_8/677">TS</a>]

00:11:24   than almost any other easy way to send amounts of money larger than a few [<a href="https://overcast.fm/+CdTc8-_8/684">TS</a>]

00:11:29   dollars it's it would be it would be very very nice like three percent or [<a href="https://overcast.fm/+CdTc8-_8/689">TS</a>]

00:11:36   2.9% plus $0.30 minimum or something like that ever and as a percentage of [<a href="https://overcast.fm/+CdTc8-_8/696">TS</a>]

00:11:40   you send someone ten grand also has ties to be spending right exactly and and so [<a href="https://overcast.fm/+CdTc8-_8/700">TS</a>]

00:11:45   like you know if if you know your if your space or buy something for like [<a href="https://overcast.fm/+CdTc8-_8/705">TS</a>]

00:11:49   $1000 or $500 or something online and you know if if the vendor or if you are [<a href="https://overcast.fm/+CdTc8-_8/709">TS</a>]

00:11:54   you know somebody's eating three percent off that that actually add up to be good [<a href="https://overcast.fm/+CdTc8-_8/714">TS</a>]

00:11:59   money and so an end to the most part there really isn't a good way to do big [<a href="https://overcast.fm/+CdTc8-_8/719">TS</a>]

00:12:04   transfers like that in the us- and I know the rest of the country for the [<a href="https://overcast.fm/+CdTc8-_8/724">TS</a>]

00:12:09   rest of the world has like all these electronic payments in in very common [<a href="https://overcast.fm/+CdTc8-_8/729">TS</a>]

00:12:13   usage we really don the USA everything here is backwards and you can you can [<a href="https://overcast.fm/+CdTc8-_8/733">TS</a>]

00:12:17   help somebody a paper check which I don't even know if people in the world [<a href="https://overcast.fm/+CdTc8-_8/737">TS</a>]

00:12:23   even know what we mean by that you would spell it with a qu at the end and it's [<a href="https://overcast.fm/+CdTc8-_8/743">TS</a>]

00:12:31   it's like I feel like the rest of the world looks at the way we deal with [<a href="https://overcast.fm/+CdTc8-_8/751">TS</a>]

00:12:35   money in the USA with transferring money the same really we look at our parents [<a href="https://overcast.fm/+CdTc8-_8/755">TS</a>]

00:12:39   of all they ever use of those vacuum tube things they never used ATMs you [<a href="https://overcast.fm/+CdTc8-_8/759">TS</a>]

00:12:43   know like it too so backwards anyway but I forgot I lost track so you did not [<a href="https://overcast.fm/+CdTc8-_8/763">TS</a>]

00:12:50   know in advance you were not briefed that's correct and so so i cant actually [<a href="https://overcast.fm/+CdTc8-_8/770">TS</a>]

00:12:56   this is not for the show's just for me what happens when you're sitting at home [<a href="https://overcast.fm/+CdTc8-_8/776">TS</a>]

00:12:59   on a Friday night you see holy cow [<a href="https://overcast.fm/+CdTc8-_8/779">TS</a>]

00:13:01   God the company that I have at least a shred of interest and is going to sell [<a href="https://overcast.fm/+CdTc8-_8/781">TS</a>]

00:13:07   four billion dollars I think how do you react to that [<a href="https://overcast.fm/+CdTc8-_8/787">TS</a>]

00:13:11   well I was very very cautious in in my emotional responses because it wasn't [<a href="https://overcast.fm/+CdTc8-_8/791">TS</a>]

00:13:17   definite [<a href="https://overcast.fm/+CdTc8-_8/797">TS</a>]

00:13:18   I I wanted like I didn't hear about it in any kind of official capacity until [<a href="https://overcast.fm/+CdTc8-_8/798">TS</a>]

00:13:23   after the press release out on Monday morning so you know I learned in the [<a href="https://overcast.fm/+CdTc8-_8/803">TS</a>]

00:13:29   press the same way everyone else learned and not at all no because think about [<a href="https://overcast.fm/+CdTc8-_8/809">TS</a>]

00:13:36   Yahoo's a public company so I guess I knew in advance that could cause [<a href="https://overcast.fm/+CdTc8-_8/816">TS</a>]

00:13:40   problems with some kind of trading think of it like i dont wanna I don't want to [<a href="https://overcast.fm/+CdTc8-_8/820">TS</a>]

00:13:44   deal with that crap you know that's the last thing I do is get into like weird [<a href="https://overcast.fm/+CdTc8-_8/824">TS</a>]

00:13:48   financial regulations and put myself at risk or anything you know like so I'm [<a href="https://overcast.fm/+CdTc8-_8/828">TS</a>]

00:13:54   very glad that I was I was just as informed as the public on this but I [<a href="https://overcast.fm/+CdTc8-_8/834">TS</a>]

00:14:02   didn't want to mentally admit to myself that it was happening until I knew for [<a href="https://overcast.fm/+CdTc8-_8/842">TS</a>]

00:14:07   sure that it was happening and I'm still a little bit reserved in my head because [<a href="https://overcast.fm/+CdTc8-_8/847">TS</a>]

00:14:10   like the cell hasn't technically closed yet like I don't have the money yet so [<a href="https://overcast.fm/+CdTc8-_8/850">TS</a>]

00:14:16   like that that takes weeks or months of various paperwork and everything so i [<a href="https://overcast.fm/+CdTc8-_8/856">TS</a>]

00:14:21   don't i don't think I even know when it will close I know it's going to happen [<a href="https://overcast.fm/+CdTc8-_8/861">TS</a>]

00:14:24   eventually but you know so I think once once I actually have some kind of [<a href="https://overcast.fm/+CdTc8-_8/864">TS</a>]

00:14:30   tremendous bank deposit you know then I'll feel real until it's still kinda [<a href="https://overcast.fm/+CdTc8-_8/870">TS</a>]

00:14:34   like now it feels almost real because it's been confirmed but over the weekend [<a href="https://overcast.fm/+CdTc8-_8/874">TS</a>]

00:14:37   it was really just like I think this might happen because the reports they [<a href="https://overcast.fm/+CdTc8-_8/877">TS</a>]

00:14:43   were from AllThingsD and there were multiple reports and that's that's a [<a href="https://overcast.fm/+CdTc8-_8/883">TS</a>]

00:14:46   pretty good sign they're pretty well sourced and also you know and every [<a href="https://overcast.fm/+CdTc8-_8/886">TS</a>]

00:14:51   little bit about this in the post from everything I know about David and Tumblr [<a href="https://overcast.fm/+CdTc8-_8/891">TS</a>]

00:14:56   the reports sounded extremely plausible it was like OJ Simpson's like if I [<a href="https://overcast.fm/+CdTc8-_8/896">TS</a>]

00:15:01   didn't book like lisa has heard about that took me a second to realize what it [<a href="https://overcast.fm/+CdTc8-_8/901">TS</a>]

00:15:08   was like like if they were gonna sell it [<a href="https://overcast.fm/+CdTc8-_8/908">TS</a>]

00:15:11   this is how it go you know so I so I knew like looking at these reports like [<a href="https://overcast.fm/+CdTc8-_8/911">TS</a>]

00:15:15   this looks just looks real and so I I was pretty sure that they were [<a href="https://overcast.fm/+CdTc8-_8/915">TS</a>]

00:15:22   definitely negotiating this I but just like everyone else you know it was [<a href="https://overcast.fm/+CdTc8-_8/922">TS</a>]

00:15:26   hinged upon the Yahoo board approving it and then I didn't know it was going to [<a href="https://overcast.fm/+CdTc8-_8/926">TS</a>]

00:15:30   approve it [<a href="https://overcast.fm/+CdTc8-_8/930">TS</a>]

00:15:30   United know what's going on so so I believed hundred-percent that there were [<a href="https://overcast.fm/+CdTc8-_8/930">TS</a>]

00:15:36   talks but I did not know whether whether it would result in an actual sale or not [<a href="https://overcast.fm/+CdTc8-_8/936">TS</a>]

00:15:40   you know cause I mean when you have a company that size is always talks has [<a href="https://overcast.fm/+CdTc8-_8/940">TS</a>]

00:15:43   talked all the time with people right now you didn't immediately start making [<a href="https://overcast.fm/+CdTc8-_8/943">TS</a>]

00:15:48   a list of where you're going to buy a second garage and what caused you can [<a href="https://overcast.fm/+CdTc8-_8/948">TS</a>]

00:15:52   fill it with or not it's a thing like this great day one article I i dont [<a href="https://overcast.fm/+CdTc8-_8/952">TS</a>]

00:15:57   really wanna make any changes like that in my life because you know I i've kind [<a href="https://overcast.fm/+CdTc8-_8/957">TS</a>]

00:16:03   of been lucky in in when I've made money in my life that if I can say that [<a href="https://overcast.fm/+CdTc8-_8/963">TS</a>]

00:16:10   without sounding too much like an arrogant [<a href="https://overcast.fm/+CdTc8-_8/970">TS</a>]

00:16:12   you know I started out from a pretty modest background and so I always I [<a href="https://overcast.fm/+CdTc8-_8/972">TS</a>]

00:16:22   always had a pretty good sense of money I always had to work for my money i we [<a href="https://overcast.fm/+CdTc8-_8/982">TS</a>]

00:16:26   had to save my own money you know I was bought my own stuff with my money so [<a href="https://overcast.fm/+CdTc8-_8/986">TS</a>]

00:16:31   that's why I have like my side of things like reviewing the best like trying to [<a href="https://overcast.fm/+CdTc8-_8/991">TS</a>]

00:16:37   find the best headphones try to find the best light bulbs like that's that's [<a href="https://overcast.fm/+CdTc8-_8/997">TS</a>]

00:16:40   where that comes from in me it that that's that's the part my personality [<a href="https://overcast.fm/+CdTc8-_8/1000">TS</a>]

00:16:43   comes from is like trying to try to get a goodbye try not to like waste money [<a href="https://overcast.fm/+CdTc8-_8/1003">TS</a>]

00:16:48   unnecessarily stuff like that so it helped that then in a way with [<a href="https://overcast.fm/+CdTc8-_8/1008">TS</a>]

00:16:56   Instapaper and for a while having two incomes and wisdom I was doing in this [<a href="https://overcast.fm/+CdTc8-_8/1016">TS</a>]

00:17:01   paper and homework the same time I started getting some extra money and [<a href="https://overcast.fm/+CdTc8-_8/1021">TS</a>]

00:17:05   because it happened gradually and because I had come up from that [<a href="https://overcast.fm/+CdTc8-_8/1025">TS</a>]

00:17:10   background I was never like blowing money wastefully I was never like you [<a href="https://overcast.fm/+CdTc8-_8/1030">TS</a>]

00:17:15   know I don't think I mean least excessively is never late being totally [<a href="https://overcast.fm/+CdTc8-_8/1035">TS</a>]

00:17:19   responsible about it and so now that I have more than that [<a href="https://overcast.fm/+CdTc8-_8/1039">TS</a>]

00:17:24   that I will eventually have more than that I'm kind of glad that I had this [<a href="https://overcast.fm/+CdTc8-_8/1044">TS</a>]

00:17:31   intermediate steps because you see like when people when people win the lottery [<a href="https://overcast.fm/+CdTc8-_8/1051">TS</a>]

00:17:36   and you use it like working class people who have never had access money in their [<a href="https://overcast.fm/+CdTc8-_8/1056">TS</a>]

00:17:41   lives they win the lottery and parliament has an issue this week they [<a href="https://overcast.fm/+CdTc8-_8/1061">TS</a>]

00:17:46   win the lottery and then like like like statistically so many of them are [<a href="https://overcast.fm/+CdTc8-_8/1066">TS</a>]

00:17:50   actually not very well off like a year to lean more like not very happy if they [<a href="https://overcast.fm/+CdTc8-_8/1070">TS</a>]

00:17:56   have problems you know there's so many ways like I think no matter who matter [<a href="https://overcast.fm/+CdTc8-_8/1076">TS</a>]

00:18:01   whatever and making my life no matter how much money I have or make in the [<a href="https://overcast.fm/+CdTc8-_8/1081">TS</a>]

00:18:07   future I don't want to do things like have had a iPhone and iPhone you know [<a href="https://overcast.fm/+CdTc8-_8/1087">TS</a>]

00:18:12   and by the way I should point I got a really nice email from Dave Morgan he [<a href="https://overcast.fm/+CdTc8-_8/1092">TS</a>]

00:18:18   did you yeah he's here you know the more I never met the guy but but I've emailed [<a href="https://overcast.fm/+CdTc8-_8/1098">TS</a>]

00:18:22   him a few times I really do think he's a decent person who just got caught with a [<a href="https://overcast.fm/+CdTc8-_8/1102">TS</a>]

00:18:27   terrible interview like you get you know hehe I i dont wanna say what he said i [<a href="https://overcast.fm/+CdTc8-_8/1107">TS</a>]

00:18:32   think is private but it sound like he was definitely like a victim of of a [<a href="https://overcast.fm/+CdTc8-_8/1112">TS</a>]

00:18:36   sensational editor and writer that like almost everything he said there was [<a href="https://overcast.fm/+CdTc8-_8/1116">TS</a>]

00:18:42   probably taken out of context and and so he's he's not as bad as it sounds but [<a href="https://overcast.fm/+CdTc8-_8/1122">TS</a>]

00:18:49   anyway so you know there's things like that and I think are are just [<a href="https://overcast.fm/+CdTc8-_8/1129">TS</a>]

00:18:56   unnecessary and wasteful and no matter how much I have or don't have always [<a href="https://overcast.fm/+CdTc8-_8/1136">TS</a>]

00:19:02   think that and so I already have most of what I want because most of what I want [<a href="https://overcast.fm/+CdTc8-_8/1142">TS</a>]

00:19:08   is affordable and have been able to afford it so I don't really like I don't [<a href="https://overcast.fm/+CdTc8-_8/1148">TS</a>]

00:19:13   this is why this is not really going to change like I'm really happy that we [<a href="https://overcast.fm/+CdTc8-_8/1153">TS</a>]

00:19:18   bought our house back when I was working at tumblr so just on a it was a good job [<a href="https://overcast.fm/+CdTc8-_8/1158">TS</a>]

00:19:24   it was still a regular salary job so we bought a mid-price house for our area [<a href="https://overcast.fm/+CdTc8-_8/1164">TS</a>]

00:19:30   and we didn't go crazy we didn't spend like millions of dollars on some giant [<a href="https://overcast.fm/+CdTc8-_8/1170">TS</a>]

00:19:35   mansion [<a href="https://overcast.fm/+CdTc8-_8/1175">TS</a>]

00:19:36   and I feel like if I didn't yet own a house and I suddenly came into a big [<a href="https://overcast.fm/+CdTc8-_8/1176">TS</a>]

00:19:41   lump sum of money I might be tempted to spend a big chunk of the house and now [<a href="https://overcast.fm/+CdTc8-_8/1181">TS</a>]

00:19:46   that temptation is gone because we already bought a house we are to have [<a href="https://overcast.fm/+CdTc8-_8/1186">TS</a>]

00:19:49   this house and moved the concept of the idea of moving is so unappealing to me [<a href="https://overcast.fm/+CdTc8-_8/1189">TS</a>]

00:19:55   that you know it doesn't really matter that we matter if we come into big sums [<a href="https://overcast.fm/+CdTc8-_8/1195">TS</a>]

00:20:03   of money at any point now live from this point forward we have a house we want [<a href="https://overcast.fm/+CdTc8-_8/1203">TS</a>]

00:20:07   for the foreseeable future and so I don't need to I don't need to blow all [<a href="https://overcast.fm/+CdTc8-_8/1207">TS</a>]

00:20:13   the money on on a big house or something like that you know it's interesting to [<a href="https://overcast.fm/+CdTc8-_8/1213">TS</a>]

00:20:18   me that dear friend of the show david smith said in the chat and I completely [<a href="https://overcast.fm/+CdTc8-_8/1218">TS</a>]

00:20:23   agree with him independence is the vert virtue I value most some of which money [<a href="https://overcast.fm/+CdTc8-_8/1223">TS</a>]

00:20:27   can buy but moreover is about how you make choices and I think that's very [<a href="https://overcast.fm/+CdTc8-_8/1227">TS</a>]

00:20:31   true and I would I would build onto onto that that everything is relative and so [<a href="https://overcast.fm/+CdTc8-_8/1231">TS</a>]

00:20:36   I think to Miami I make a decent living we're very comfortable and I think [<a href="https://overcast.fm/+CdTc8-_8/1236">TS</a>]

00:20:41   myself man it would be pretty cool to be able to go and just buy or lease [<a href="https://overcast.fm/+CdTc8-_8/1241">TS</a>]

00:20:45   whatever brand new m5 I think that beat it's arguably within reach maybe but [<a href="https://overcast.fm/+CdTc8-_8/1245">TS</a>]

00:20:51   it's it's still a stretch if not a little bit outside of the edge of my arm [<a href="https://overcast.fm/+CdTc8-_8/1251">TS</a>]

00:20:56   that makes any sense [<a href="https://overcast.fm/+CdTc8-_8/1256">TS</a>]

00:20:57   similarly I'm sure there are people that would say man I would love to have a [<a href="https://overcast.fm/+CdTc8-_8/1257">TS</a>]

00:21:01   lightly used three series and then there are people that would say man I would [<a href="https://overcast.fm/+CdTc8-_8/1261">TS</a>]

00:21:05   love to have a lightly used accord were or whatever in and I'm not trying to say [<a href="https://overcast.fm/+CdTc8-_8/1265">TS</a>]

00:21:10   that that that we are ranked in any sort of way financially it's just that [<a href="https://overcast.fm/+CdTc8-_8/1270">TS</a>]

00:21:15   everything is relative and everything is a choice and I think I speak for both of [<a href="https://overcast.fm/+CdTc8-_8/1275">TS</a>]

00:21:21   you guys I feel like I know both you pretty darn well that we make choices [<a href="https://overcast.fm/+CdTc8-_8/1281">TS</a>]

00:21:24   about how we want to spend our money in such a way that we are not really [<a href="https://overcast.fm/+CdTc8-_8/1284">TS</a>]

00:21:28   longing for more of course everyone always wants more money but it's not the [<a href="https://overcast.fm/+CdTc8-_8/1288">TS</a>]

00:21:33   sort of thing where our lives would be demonstrably different if any one of us [<a href="https://overcast.fm/+CdTc8-_8/1293">TS</a>]

00:21:38   had say double the salary that we have today on John doesn't make sense to you [<a href="https://overcast.fm/+CdTc8-_8/1298">TS</a>]

00:21:42   would you agree with any of my crazy might be different but not [<a href="https://overcast.fm/+CdTc8-_8/1302">TS</a>]

00:21:45   many important way beyond important way is still be cool he would absolutely be [<a href="https://overcast.fm/+CdTc8-_8/1305">TS</a>]

00:21:51   cool like I think I always feel like I would be excellent rich person I will [<a href="https://overcast.fm/+CdTc8-_8/1311">TS</a>]

00:21:59   never actually be a rich person that that's just like those stories of people [<a href="https://overcast.fm/+CdTc8-_8/1319">TS</a>]

00:22:05   who win the lottery and do foolish things money or like recording artist [<a href="https://overcast.fm/+CdTc8-_8/1325">TS</a>]

00:22:08   Sibylle or the money just like man like you know the money was wasted on them [<a href="https://overcast.fm/+CdTc8-_8/1328">TS</a>]

00:22:13   because they had no idea what they're doing and just you know and I don't know [<a href="https://overcast.fm/+CdTc8-_8/1333">TS</a>]

00:22:17   what it is I don't know how it is any connection at all between the people who [<a href="https://overcast.fm/+CdTc8-_8/1337">TS</a>]

00:22:22   end up getting rich and and are smarter than many of the people I think maybe [<a href="https://overcast.fm/+CdTc8-_8/1342">TS</a>]

00:22:25   the only thing that I could come up with is that you mostly hear about the people [<a href="https://overcast.fm/+CdTc8-_8/1345">TS</a>]

00:22:29   who get a lot of money and screw it up there is tons and tons of people get a [<a href="https://overcast.fm/+CdTc8-_8/1349">TS</a>]

00:22:33   lot of money and don't screw it up and it's boring so you don't hear stories [<a href="https://overcast.fm/+CdTc8-_8/1353">TS</a>]

00:22:37   about them so you know they just have a nice life and live within their newly [<a href="https://overcast.fm/+CdTc8-_8/1357">TS</a>]

00:22:42   expanded means perfectly fine and and that's boring and you'll hear about [<a href="https://overcast.fm/+CdTc8-_8/1362">TS</a>]

00:22:46   their do you know the person who gets old but I you know that's and I don't [<a href="https://overcast.fm/+CdTc8-_8/1366">TS</a>]

00:22:53   know if there's anything you do it like that the market is that it's nice to get [<a href="https://overcast.fm/+CdTc8-_8/1373">TS</a>]

00:22:55   money gradually learn to deal with it I don't think if you got it all of a [<a href="https://overcast.fm/+CdTc8-_8/1375">TS</a>]

00:22:59   sudden you you would have blunted anyway like I think it's just a personality [<a href="https://overcast.fm/+CdTc8-_8/1379">TS</a>]

00:23:02   type thing where you know I'm no amount of training with gradual because what [<a href="https://overcast.fm/+CdTc8-_8/1382">TS</a>]

00:23:07   you see with the gradual ramp-up of money and I'm sure we've all seen this [<a href="https://overcast.fm/+CdTc8-_8/1387">TS</a>]

00:23:09   is it you know someone graduates college or something and I start their first job [<a href="https://overcast.fm/+CdTc8-_8/1389">TS</a>]

00:23:13   and they get like a low salary and they get an apartment to keep getting raises [<a href="https://overcast.fm/+CdTc8-_8/1393">TS</a>]

00:23:16   a nicer apartment and they get married and get a better job of two incomes and [<a href="https://overcast.fm/+CdTc8-_8/1396">TS</a>]

00:23:20   buy a house in like that can just continue to creep creep up where people [<a href="https://overcast.fm/+CdTc8-_8/1400">TS</a>]

00:23:24   every time that people get a little more disposable income like oh wow we can [<a href="https://overcast.fm/+CdTc8-_8/1404">TS</a>]

00:23:27   afford a better house you can afford a better over now we can afford a better [<a href="https://overcast.fm/+CdTc8-_8/1407">TS</a>]

00:23:30   this and they just there never are content to live within their means need [<a href="https://overcast.fm/+CdTc8-_8/1410">TS</a>]

00:23:34   to chase their income to the point where they're like boy I need to be making [<a href="https://overcast.fm/+CdTc8-_8/1414">TS</a>]

00:23:40   three hundred grand a year just to maintain my lifestyle and my wife needs [<a href="https://overcast.fm/+CdTc8-_8/1420">TS</a>]

00:23:43   to also make 300 grandkids now our lifestyle requires six hundred grand a [<a href="https://overcast.fm/+CdTc8-_8/1423">TS</a>]

00:23:47   year just to get by just to pay for all the cars and houses and private schools [<a href="https://overcast.fm/+CdTc8-_8/1427">TS</a>]

00:23:51   and fancy clothes and vacations that we're now accustomed to and [<a href="https://overcast.fm/+CdTc8-_8/1431">TS</a>]

00:23:55   a decrease in my income is now a sacrifice my lifestyle and that that's [<a href="https://overcast.fm/+CdTc8-_8/1435">TS</a>]

00:23:59   the the the the travels of gradually rushing things if you're not smart about [<a href="https://overcast.fm/+CdTc8-_8/1439">TS</a>]

00:24:03   your money is that you just constantly as soon as you get some more disposable [<a href="https://overcast.fm/+CdTc8-_8/1443">TS</a>]

00:24:07   income you want to upgrade everything in your life so that's likely more [<a href="https://overcast.fm/+CdTc8-_8/1447">TS</a>]

00:24:11   insidious version of the OS gonna blow it all on you know fast cars and women [<a href="https://overcast.fm/+CdTc8-_8/1451">TS</a>]

00:24:15   can be broken and I know I definitely know people like that who they're living [<a href="https://overcast.fm/+CdTc8-_8/1455">TS</a>]

00:24:22   within their means but always just and that is a foolish may have pushed me to [<a href="https://overcast.fm/+CdTc8-_8/1462">TS</a>]

00:24:26   live I mean I can also play with me like I also have I guess some personal traits [<a href="https://overcast.fm/+CdTc8-_8/1466">TS</a>]

00:24:33   that they keep this in check like one of them is that I hate any kind of debt I [<a href="https://overcast.fm/+CdTc8-_8/1473">TS</a>]

00:24:37   really I I prefer to not have any debt if I can and fortunately for most of my [<a href="https://overcast.fm/+CdTc8-_8/1477">TS</a>]

00:24:43   life have been able to maintain that that's not entirely sure I had a car [<a href="https://overcast.fm/+CdTc8-_8/1483">TS</a>]

00:24:48   payment back anyway [<a href="https://overcast.fm/+CdTc8-_8/1488">TS</a>]

00:24:49   tax shelter for your mortgage interest to keep that one right and but also you [<a href="https://overcast.fm/+CdTc8-_8/1489">TS</a>]

00:24:56   know I have a pretty boring life style by most people's measurements you know [<a href="https://overcast.fm/+CdTc8-_8/1496">TS</a>]

00:25:00   what I don't go out and party I'm not gonna be buying $1,000 bottle of [<a href="https://overcast.fm/+CdTc8-_8/1500">TS</a>]

00:25:05   champagne to pour onto rap stars or anything I i dont know im still like no [<a href="https://overcast.fm/+CdTc8-_8/1505">TS</a>]

00:25:12   matter how much money I ever have and probably always going to wear jeans and [<a href="https://overcast.fm/+CdTc8-_8/1512">TS</a>]

00:25:16   a t-shirt most days like you look at Steve Jobs the way he lived he had a [<a href="https://overcast.fm/+CdTc8-_8/1516">TS</a>]

00:25:23   ridiculous car that he got a new one every few months we would have to have a [<a href="https://overcast.fm/+CdTc8-_8/1523">TS</a>]

00:25:26   license plate but he lives in a pretty normal house like it was a nice house [<a href="https://overcast.fm/+CdTc8-_8/1526">TS</a>]

00:25:33   but it wasn't like some kind of tremendous state you know with horses [<a href="https://overcast.fm/+CdTc8-_8/1533">TS</a>]

00:25:36   and tennis courts and he was like a regular house in a neighborhood he wore [<a href="https://overcast.fm/+CdTc8-_8/1536">TS</a>]

00:25:40   regular clothes he wore regular shoes you know he had nice computers but [<a href="https://overcast.fm/+CdTc8-_8/1540">TS</a>]

00:25:45   that's understandable and it's also not that much money relatively speaking [<a href="https://overcast.fm/+CdTc8-_8/1545">TS</a>]

00:25:50   you know I feel like I feel like it in in the way that that John you say you'd [<a href="https://overcast.fm/+CdTc8-_8/1550">TS</a>]

00:25:56   be a really good rich person I think I'd be pretty terrible one because [<a href="https://overcast.fm/+CdTc8-_8/1556">TS</a>]

00:26:00   I don't do any of those things that you think of as rich people doing and I have [<a href="https://overcast.fm/+CdTc8-_8/1560">TS</a>]

00:26:06   no desire to like I don't intend to join a country club I thought I would I would [<a href="https://overcast.fm/+CdTc8-_8/1566">TS</a>]

00:26:12   have to kick my own but if i dont a country club I don't intend to like even [<a href="https://overcast.fm/+CdTc8-_8/1572">TS</a>]

00:26:18   golf which have actually enjoys got quite a bit but I don't I don't intend [<a href="https://overcast.fm/+CdTc8-_8/1578">TS</a>]

00:26:26   to do that myself like the idea of even like her like I i don't want to do [<a href="https://overcast.fm/+CdTc8-_8/1586">TS</a>]

00:26:35   anything that would cause the rest of my working-class family to think I'm a dick [<a href="https://overcast.fm/+CdTc8-_8/1595">TS</a>]

00:26:40   you know that makes sense like that's the the sensibilities of regular people [<a href="https://overcast.fm/+CdTc8-_8/1600">TS</a>]

00:26:46   have been so bad into my personality that I never even I have the ability to [<a href="https://overcast.fm/+CdTc8-_8/1606">TS</a>]

00:26:51   blow any amount of money on some particular thing I don't want to do it [<a href="https://overcast.fm/+CdTc8-_8/1611">TS</a>]

00:26:57   cuz i dont want I want to do it myself i dont wanna know that I did that and I [<a href="https://overcast.fm/+CdTc8-_8/1617">TS</a>]

00:27:01   don't want my family to find out here in the thing that struck me was I i dont [<a href="https://overcast.fm/+CdTc8-_8/1621">TS</a>]

00:27:09   number what day it was but I noticed either Friday or over the weekend or [<a href="https://overcast.fm/+CdTc8-_8/1629">TS</a>]

00:27:13   maybe it was Monday night one of you guys are you hurt if posted a picture [<a href="https://overcast.fm/+CdTc8-_8/1633">TS</a>]

00:27:18   from the restaurant that the four of us have been to a couple times that's right [<a href="https://overcast.fm/+CdTc8-_8/1638">TS</a>]

00:27:24   near you and I thought to myself you know if I had had some amount of [<a href="https://overcast.fm/+CdTc8-_8/1644">TS</a>]

00:27:28   windfall be that a thousand bucks 10,000 bucks whatever doesn't matter but some [<a href="https://overcast.fm/+CdTc8-_8/1648">TS</a>]

00:27:33   amount of windfall I think what area and I would probably do is go to a nicer [<a href="https://overcast.fm/+CdTc8-_8/1653">TS</a>]

00:27:37   dinner you a nice city or something like that [<a href="https://overcast.fm/+CdTc8-_8/1657">TS</a>]

00:27:39   not something absurd not thousand dollar bottles of wine or whatever or champagne [<a href="https://overcast.fm/+CdTc8-_8/1659">TS</a>]

00:27:43   or whatever what have you got a nice dinner and here it is that you guys have [<a href="https://overcast.fm/+CdTc8-_8/1663">TS</a>]

00:27:49   ostensibly just earned a significant amount of money granted it's not there [<a href="https://overcast.fm/+CdTc8-_8/1669">TS</a>]

00:27:55   yet but in principle you've earned a significant amount of money and here it [<a href="https://overcast.fm/+CdTc8-_8/1675">TS</a>]

00:27:58   is you went to the same restaurant that the four of us have gone to I think [<a href="https://overcast.fm/+CdTc8-_8/1678">TS</a>]

00:28:02   every time if not every time we visited you then nearly every time and it is not [<a href="https://overcast.fm/+CdTc8-_8/1682">TS</a>]

00:28:05   a bad restaurant by any stretch but it's an average American restaurant casual [<a href="https://overcast.fm/+CdTc8-_8/1685">TS</a>]

00:28:09   family pub you know like not on trees like 10 bucks you know it's not yet and [<a href="https://overcast.fm/+CdTc8-_8/1689">TS</a>]

00:28:15   you know I went there because we have a one-year-old like them at fancy [<a href="https://overcast.fm/+CdTc8-_8/1695">TS</a>]

00:28:21   restaurants we used to go to this place like once a week ever since we had the [<a href="https://overcast.fm/+CdTc8-_8/1701">TS</a>]

00:28:24   kid we now go to like once every five months because I so don't want to be [<a href="https://overcast.fm/+CdTc8-_8/1704">TS</a>]

00:28:28   that guy whose kids are screaming in the restaurant serving on the floor I'm so [<a href="https://overcast.fm/+CdTc8-_8/1708">TS</a>]

00:28:32   afraid of being that guy that we hardly ever go out to restaurants anymore and [<a href="https://overcast.fm/+CdTc8-_8/1712">TS</a>]

00:28:37   that's like that's how I spent that day I didn't shower until right before when [<a href="https://overcast.fm/+CdTc8-_8/1717">TS</a>]

00:28:41   the restaurant I was in a crappy white t-shirt I swept my patio cuz they were [<a href="https://overcast.fm/+CdTc8-_8/1721">TS</a>]

00:28:46   flowers from a tree all over it like I did I'm a regular person doing regular [<a href="https://overcast.fm/+CdTc8-_8/1726">TS</a>]

00:28:51   things like that my day to day life is not going to change people shower and go [<a href="https://overcast.fm/+CdTc8-_8/1731">TS</a>]

00:28:56   to work in the morning just let it slip that you want to see i've been i've been [<a href="https://overcast.fm/+CdTc8-_8/1736">TS</a>]

00:29:03   showering inappropriately times the day for like a year and a half now [<a href="https://overcast.fm/+CdTc8-_8/1743">TS</a>]

00:29:06   unemployed people do that too [<a href="https://overcast.fm/+CdTc8-_8/1746">TS</a>]

00:29:08   why don't you just want to ask you about Yahoo [<a href="https://overcast.fm/+CdTc8-_8/1748">TS</a>]

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00:30:37   you for sponsoring them sponsors for like the 95th time you imagine how much [<a href="https://overcast.fm/+CdTc8-_8/1837">TS</a>]

00:30:41   the podcast Robert sockets Christmas it would suck so hard it would be to turn [<a href="https://overcast.fm/+CdTc8-_8/1841">TS</a>]

00:30:46   their seriously supporting like half the podcast industry it's absolutely true [<a href="https://overcast.fm/+CdTc8-_8/1846">TS</a>]

00:30:51   and I don't know how they do it but I'm glad they do and not just for the [<a href="https://overcast.fm/+CdTc8-_8/1851">TS</a>]

00:30:55   chauffeur for all the different shows they sponsor so I want to start by [<a href="https://overcast.fm/+CdTc8-_8/1855">TS</a>]

00:31:00   asking John and I wanna hear Marco you can wrap this up [<a href="https://overcast.fm/+CdTc8-_8/1860">TS</a>]

00:31:04   John what do you think about the idea of Yahoo and Tumblr being one sort of but [<a href="https://overcast.fm/+CdTc8-_8/1864">TS</a>]

00:31:11   not doesn't make sense to you too that is that is that a good marriage if you [<a href="https://overcast.fm/+CdTc8-_8/1871">TS</a>]

00:31:15   will or does that make no sense it makes sense in a cynical way that these [<a href="https://overcast.fm/+CdTc8-_8/1875">TS</a>]

00:31:20   acquisitions make sense in the Yahoo is clearly like in turn around I guess [<a href="https://overcast.fm/+CdTc8-_8/1880">TS</a>]

00:31:25   you'd call it you know the new CEO bold new strategy cut the fat recon straight [<a href="https://overcast.fm/+CdTc8-_8/1885">TS</a>]

00:31:31   on the good things are so it's it's in the mode where it's trying to turn [<a href="https://overcast.fm/+CdTc8-_8/1891">TS</a>]

00:31:35   itself around and it used to be the hip cool thing but isn't anymore and it [<a href="https://overcast.fm/+CdTc8-_8/1895">TS</a>]

00:31:40   makes sense that it would be up there shopping for something that is hip and [<a href="https://overcast.fm/+CdTc8-_8/1900">TS</a>]

00:31:43   cool and something that has a lot of users and Tumblr on the other hand it is [<a href="https://overcast.fm/+CdTc8-_8/1903">TS</a>]

00:31:47   insanely popular tremendous growth but very little but in a way of ways to turn [<a href="https://overcast.fm/+CdTc8-_8/1907">TS</a>]

00:31:55   all that popularity and money they did what they sell premium themes and some [<a href="https://overcast.fm/+CdTc8-_8/1915">TS</a>]

00:31:59   sort of promoted post stuff like not the type of you know that they have all [<a href="https://overcast.fm/+CdTc8-_8/1919">TS</a>]

00:32:03   these users and they want to monetize them and they haven't quite figured out [<a href="https://overcast.fm/+CdTc8-_8/1923">TS</a>]

00:32:06   how to do it in a way that scales with the size of their business so they're [<a href="https://overcast.fm/+CdTc8-_8/1926">TS</a>]

00:32:12   more than happy to take Yahoo's money and I was more than happy to give it [<a href="https://overcast.fm/+CdTc8-_8/1932">TS</a>]

00:32:16   like what is Yahoo need lots of users and cool and I need money because it has [<a href="https://overcast.fm/+CdTc8-_8/1936">TS</a>]

00:32:21   been how to make enough on its own so in that sense the marriage makes sense but [<a href="https://overcast.fm/+CdTc8-_8/1941">TS</a>]

00:32:25   then when I think about what are we left with is this combination [<a href="https://overcast.fm/+CdTc8-_8/1945">TS</a>]

00:32:29   is gonna help Yahoo as much certainly was gonna help tumbler with money but is [<a href="https://overcast.fm/+CdTc8-_8/1949">TS</a>]

00:32:36   it just like ok well now we have assured that you we can continue to be tumblr to [<a href="https://overcast.fm/+CdTc8-_8/1956">TS</a>]

00:32:40   be cool but also continue not to make money that's not really a great outcome [<a href="https://overcast.fm/+CdTc8-_8/1960">TS</a>]

00:32:44   in its kind of neutral her tumblr but not great for Yahoo so I wonder how much [<a href="https://overcast.fm/+CdTc8-_8/1964">TS</a>]

00:32:49   tumblers really gonna help Yahoo how they gonna they're gonna figure [<a href="https://overcast.fm/+CdTc8-_8/1969">TS</a>]

00:32:52   something out together to become more than they were individually remains to [<a href="https://overcast.fm/+CdTc8-_8/1972">TS</a>]

00:32:56   be seen [<a href="https://overcast.fm/+CdTc8-_8/1976">TS</a>]

00:32:58   I completely agree and I just don't understand how this Billy benefits Yahoo [<a href="https://overcast.fm/+CdTc8-_8/1978">TS</a>]

00:33:04   released in the near term in any way other than hey look that company that [<a href="https://overcast.fm/+CdTc8-_8/1984">TS</a>]

00:33:09   that website that all the kids these days really like yeah that's arms baby [<a href="https://overcast.fm/+CdTc8-_8/1989">TS</a>]

00:33:14   but they get all the users to them like that now all of those users are their [<a href="https://overcast.fm/+CdTc8-_8/1994">TS</a>]

00:33:19   users and you know when you have that number one is maybe Marco knows what is [<a href="https://overcast.fm/+CdTc8-_8/1999">TS</a>]

00:33:24   nice and graphs on how many millions of people on tumblr now it's like its big [<a href="https://overcast.fm/+CdTc8-_8/2004">TS</a>]

00:33:29   number and and so even if those people like well then I like you have access to [<a href="https://overcast.fm/+CdTc8-_8/2009">TS</a>]

00:33:36   them in some way like you have a shot like they're yours their captive and so [<a href="https://overcast.fm/+CdTc8-_8/2016">TS</a>]

00:33:40   if you call for some great new idea for some new property or something really [<a href="https://overcast.fm/+CdTc8-_8/2020">TS</a>]

00:33:44   just want to promote the new Flickr to them or something suddenly you can do [<a href="https://overcast.fm/+CdTc8-_8/2024">TS</a>]

00:33:48   that and you know what the PayPal blur to put like one little hey check on [<a href="https://overcast.fm/+CdTc8-_8/2028">TS</a>]

00:33:50   Flickr thing in the upper right-hand corner that you can just do that really [<a href="https://overcast.fm/+CdTc8-_8/2030">TS</a>]

00:33:53   easily that's a stupid example but like having access to those people psycho it [<a href="https://overcast.fm/+CdTc8-_8/2033">TS</a>]

00:33:59   is a big to try making if Yahoo tried to say we're going to make a new service [<a href="https://overcast.fm/+CdTc8-_8/2039">TS</a>]

00:34:02   and it's going to become a popular stomper good luck with that right but so [<a href="https://overcast.fm/+CdTc8-_8/2042">TS</a>]

00:34:05   just getting time but you get those people so you still have a good time and [<a href="https://overcast.fm/+CdTc8-_8/2045">TS</a>]

00:34:08   money from them not to piss them off and all those other things but at least at [<a href="https://overcast.fm/+CdTc8-_8/2048">TS</a>]

00:34:12   least there there that equals billion dollars I guess yeah and the show David [<a href="https://overcast.fm/+CdTc8-_8/2052">TS</a>]

00:34:18   Spencer said 300 million monthly unique visitors 220,000 sign ups everyday David [<a href="https://overcast.fm/+CdTc8-_8/2058">TS</a>]

00:34:23   Smith is basically a real-time follow whenever you see her naturally but they [<a href="https://overcast.fm/+CdTc8-_8/2063">TS</a>]

00:34:28   agree 13 times the show which is not surprising but I agree [<a href="https://overcast.fm/+CdTc8-_8/2068">TS</a>]

00:34:34   thank you I don't see how Yahoo can really capitalize on having all these [<a href="https://overcast.fm/+CdTc8-_8/2074">TS</a>]

00:34:42   users without taking off all these users in the sense that if I were developed [<a href="https://overcast.fm/+CdTc8-_8/2082">TS</a>]

00:34:46   tumblr users and my blog that I write on once every seven years these days is on [<a href="https://overcast.fm/+CdTc8-_8/2086">TS</a>]

00:34:51   tumblr but that being said if I were fighting really know the backstory and I [<a href="https://overcast.fm/+CdTc8-_8/2091">TS</a>]

00:34:56   just heard in the news Yahoo now on Tumblr and all of a sudden I start [<a href="https://overcast.fm/+CdTc8-_8/2096">TS</a>]

00:35:02   seeing links told his Yahoo properties immediately I'm starting from my hands [<a href="https://overcast.fm/+CdTc8-_8/2102">TS</a>]

00:35:05   in the air and saying how they sold out and now I feel like I'm just another [<a href="https://overcast.fm/+CdTc8-_8/2105">TS</a>]

00:35:08   eyeball to show up to their other properties to do in a crappy think think [<a href="https://overcast.fm/+CdTc8-_8/2108">TS</a>]

00:35:13   of the newly revised Flickr on Flickr was it a much beloved service that [<a href="https://overcast.fm/+CdTc8-_8/2113">TS</a>]

00:35:18   seemed to stagnate and now they revised it is mostly the revisions also getting [<a href="https://overcast.fm/+CdTc8-_8/2118">TS</a>]

00:35:21   a thumbs-up right thing about this right so wouldn't it be great if you could [<a href="https://overcast.fm/+CdTc8-_8/2121">TS</a>]

00:35:26   very easily plus pictures from Flickr to your tumblr does that hurt you as a [<a href="https://overcast.fm/+CdTc8-_8/2126">TS</a>]

00:35:31   tumblr users know now it may be easier for you I suspect maybe you didn't use [<a href="https://overcast.fm/+CdTc8-_8/2131">TS</a>]

00:35:34   Flickr be like oh well since it integrates all of tumblr now may be a [<a href="https://overcast.fm/+CdTc8-_8/2134">TS</a>]

00:35:38   sign up for the Flickr thing and you someday become a Flickr user Flickr does [<a href="https://overcast.fm/+CdTc8-_8/2138">TS</a>]

00:35:42   have a business model maybe perhaps not a great one yourself standing on but it [<a href="https://overcast.fm/+CdTc8-_8/2142">TS</a>]

00:35:46   does have some way to collect money from you and that's kind of you know it's [<a href="https://overcast.fm/+CdTc8-_8/2146">TS</a>]

00:35:49   like a sack type things like how well there was free and integrate well [<a href="https://overcast.fm/+CdTc8-_8/2149">TS</a>]

00:35:54   integrated with tumblr and I'll sign up for it and then you start looking sexy [<a href="https://overcast.fm/+CdTc8-_8/2154">TS</a>]

00:35:57   pretty cool you start using an like you didn't feel like it was shoved in your [<a href="https://overcast.fm/+CdTc8-_8/2157">TS</a>]

00:36:01   face but merely because they're under the same umbrella they can do deep you [<a href="https://overcast.fm/+CdTc8-_8/2161">TS</a>]

00:36:05   know really cool integration that wouldn't be possible through just if [<a href="https://overcast.fm/+CdTc8-_8/2165">TS</a>]

00:36:08   they were just talking to each other in API over the internet as two separate [<a href="https://overcast.fm/+CdTc8-_8/2168">TS</a>]

00:36:12   companies and that's that's one small example but I really I think it is [<a href="https://overcast.fm/+CdTc8-_8/2172">TS</a>]

00:36:16   possible I think Apple stuff is integrated with each other it is [<a href="https://overcast.fm/+CdTc8-_8/2176">TS</a>]

00:36:19   possible to do integration in a way that customer see as friendly and beneficial [<a href="https://overcast.fm/+CdTc8-_8/2179">TS</a>]

00:36:23   and not as shoving each other services in my face and then that makes me wonder [<a href="https://overcast.fm/+CdTc8-_8/2183">TS</a>]

00:36:30   is it really worth a billion dollars for that [<a href="https://overcast.fm/+CdTc8-_8/2190">TS</a>]

00:36:33   potential integration and that potential way of making these eyeballs look in [<a href="https://overcast.fm/+CdTc8-_8/2193">TS</a>]

00:36:39   these other directions and I would guess marcus says yes but super user you know [<a href="https://overcast.fm/+CdTc8-_8/2199">TS</a>]

00:36:45   like you have added up like think carl does it cost of someone share another [<a href="https://overcast.fm/+CdTc8-_8/2205">TS</a>]

00:36:49   cost of acquiring new customers if you do the math Mike how many new potential [<a href="https://overcast.fm/+CdTc8-_8/2209">TS</a>]

00:36:53   customers that just grab under its umbrella how much should I pay for each [<a href="https://overcast.fm/+CdTc8-_8/2213">TS</a>]

00:36:57   of them but I think things are worth what people are willing to pay for them [<a href="https://overcast.fm/+CdTc8-_8/2217">TS</a>]

00:37:00   and so that's just how r capitalism works so someone was going to pay a [<a href="https://overcast.fm/+CdTc8-_8/2220">TS</a>]

00:37:06   billion that it that it is by definition worth a billion you know and it's [<a href="https://overcast.fm/+CdTc8-_8/2226">TS</a>]

00:37:12   certainly I found it refreshing in market promise I'll give you a chance [<a href="https://overcast.fm/+CdTc8-_8/2232">TS</a>]

00:37:15   here in a second but I found it refreshing although odd that their press [<a href="https://overcast.fm/+CdTc8-_8/2235">TS</a>]

00:37:18   release was so self-deprecating as a self-deprecating guy I that made me [<a href="https://overcast.fm/+CdTc8-_8/2238">TS</a>]

00:37:24   happy to see somebody else to talk the way I talk but it was odyssey that a [<a href="https://overcast.fm/+CdTc8-_8/2244">TS</a>]

00:37:28   press release I think the second I tweeted something like the second line [<a href="https://overcast.fm/+CdTc8-_8/2248">TS</a>]

00:37:32   of the official press release this wasn't the thing that that David posted [<a href="https://overcast.fm/+CdTc8-_8/2252">TS</a>]

00:37:35   on tumblr it was the official Yahoo press release the second the [<a href="https://overcast.fm/+CdTc8-_8/2255">TS</a>]

00:37:40   sub-headline was promises not screwed up and I thought that was so remarkable and [<a href="https://overcast.fm/+CdTc8-_8/2260">TS</a>]

00:37:45   it was it was also my thought it was awesome anyway and in that was to me [<a href="https://overcast.fm/+CdTc8-_8/2265">TS</a>]

00:37:50   that was a very good sign that that that they know not to screw in a light on the [<a href="https://overcast.fm/+CdTc8-_8/2270">TS</a>]

00:37:57   other side don't you kind of by definition need to screw it up in order [<a href="https://overcast.fm/+CdTc8-_8/2277">TS</a>]

00:38:01   to get any real tangible value out of it and John I think your point a minute ago [<a href="https://overcast.fm/+CdTc8-_8/2281">TS</a>]

00:38:06   so great counterargument that no maybe if you just do a really good and sought [<a href="https://overcast.fm/+CdTc8-_8/2286">TS</a>]

00:38:11   all job of integrating with your existing properties maybe you don't need [<a href="https://overcast.fm/+CdTc8-_8/2291">TS</a>]

00:38:14   to screw it up in order to get your money's worth [<a href="https://overcast.fm/+CdTc8-_8/2294">TS</a>]

00:38:16   but it's it's a maybe I'm just not imaginative but it's a very big leap for [<a href="https://overcast.fm/+CdTc8-_8/2296">TS</a>]

00:38:21   me to see how you can really get a billion dollars worth out of just [<a href="https://overcast.fm/+CdTc8-_8/2301">TS</a>]

00:38:27   integrating with liquor and I know that was a silly example but you did it [<a href="https://overcast.fm/+CdTc8-_8/2307">TS</a>]

00:38:31   doesn't make sense [<a href="https://overcast.fm/+CdTc8-_8/2311">TS</a>]

00:38:31   tumblr tumblr is a little bit of a puzzle because tumblr had a long time on [<a href="https://overcast.fm/+CdTc8-_8/2311">TS</a>]

00:38:36   its own [<a href="https://overcast.fm/+CdTc8-_8/2316">TS</a>]

00:38:36   during which it cannot figure out how to get its money's worth out of its [<a href="https://overcast.fm/+CdTc8-_8/2316">TS</a>]

00:38:42   tremendous number of users I don't think that Twitter has the same type of [<a href="https://overcast.fm/+CdTc8-_8/2322">TS</a>]

00:38:46   situation you're not going to get money out of them but like they like you feel [<a href="https://overcast.fm/+CdTc8-_8/2326">TS</a>]

00:38:50   like you should be getting Facebook's size and money out of a facebook size [<a href="https://overcast.fm/+CdTc8-_8/2330">TS</a>]

00:38:55   number of users Facebook as well over 200 million never been a bit like they [<a href="https://overcast.fm/+CdTc8-_8/2335">TS</a>]

00:39:00   got enough surely enough money to keep themselves going and everything happens [<a href="https://overcast.fm/+CdTc8-_8/2340">TS</a>]

00:39:04   just like man just just just so many people like how do we how do we get the [<a href="https://overcast.fm/+CdTc8-_8/2344">TS</a>]

00:39:08   money that we know is there like these people like our product they using it [<a href="https://overcast.fm/+CdTc8-_8/2348">TS</a>]

00:39:11   but probably not willing to pay more than likely just gotta be something [<a href="https://overcast.fm/+CdTc8-_8/2351">TS</a>]

00:39:14   locked up in there and and just didn't feel like company ever figured out how [<a href="https://overcast.fm/+CdTc8-_8/2354">TS</a>]

00:39:17   to get the amount of money that thought it should get out of there maybe Yahoo [<a href="https://overcast.fm/+CdTc8-_8/2357">TS</a>]

00:39:21   doesn't need that kind of money out of these users because it uses themselves [<a href="https://overcast.fm/+CdTc8-_8/2361">TS</a>]

00:39:25   just having them happy and using this something that that Yahoo owns is in [<a href="https://overcast.fm/+CdTc8-_8/2365">TS</a>]

00:39:29   itself [<a href="https://overcast.fm/+CdTc8-_8/2369">TS</a>]

00:39:30   worthwhile so they don't need to get more money out of it but I don't think [<a href="https://overcast.fm/+CdTc8-_8/2370">TS</a>]

00:39:34   you can just suddenly turn on the money for Citroen Tumblr and say now we just [<a href="https://overcast.fm/+CdTc8-_8/2374">TS</a>]

00:39:39   believe these people drive because that will that will go running away and [<a href="https://overcast.fm/+CdTc8-_8/2379">TS</a>]

00:39:42   you're never you're never gonna get that kind of money under these people that [<a href="https://overcast.fm/+CdTc8-_8/2382">TS</a>]

00:39:47   did you think you should just because someone else but not gonna pay to use [<a href="https://overcast.fm/+CdTc8-_8/2387">TS</a>]

00:39:51   Tumblr not that many of its Marco and let us havin what do you think well I [<a href="https://overcast.fm/+CdTc8-_8/2391">TS</a>]

00:39:58   should preface this first of all with a tremendous disclaimer that I don't have [<a href="https://overcast.fm/+CdTc8-_8/2398">TS</a>]

00:40:04   any inside information here really I love Tumblr in 2010 even then I hadn't [<a href="https://overcast.fm/+CdTc8-_8/2404">TS</a>]

00:40:12   gone to the board meetings in years I really wasn't that familiar with the [<a href="https://overcast.fm/+CdTc8-_8/2412">TS</a>]

00:40:15   finances the company or even the girls at that point I was focused entirely on [<a href="https://overcast.fm/+CdTc8-_8/2415">TS</a>]

00:40:19   just my job because service stuff but certainly since 1955 had minimal contact [<a href="https://overcast.fm/+CdTc8-_8/2419">TS</a>]

00:40:27   with them I see the people they're here in there socially but we don't talk [<a href="https://overcast.fm/+CdTc8-_8/2427">TS</a>]

00:40:31   business and I'm usually used her that much since then because I what I want to [<a href="https://overcast.fm/+CdTc8-_8/2431">TS</a>]

00:40:38   write my own BlogEngine and support that so anyway I should preface this by [<a href="https://overcast.fm/+CdTc8-_8/2438">TS</a>]

00:40:41   saying that this is not based on any kind of inside information about the [<a href="https://overcast.fm/+CdTc8-_8/2441">TS</a>]

00:40:44   company and I'm still a bit nervous to even comment on this but I'll do my best [<a href="https://overcast.fm/+CdTc8-_8/2444">TS</a>]

00:40:50   to give you some kind of content without getting myself into any kind of trouble [<a href="https://overcast.fm/+CdTc8-_8/2450">TS</a>]

00:40:55   I think in in very general terms I think that Yahoo has a lot of money but they [<a href="https://overcast.fm/+CdTc8-_8/2455">TS</a>]

00:41:04   don't have a lot of relevance and tumblr has a lot of relevance and they don't [<a href="https://overcast.fm/+CdTc8-_8/2464">TS</a>]

00:41:08   have a lot of money and so i i think it if you look at the dollar value for a [<a href="https://overcast.fm/+CdTc8-_8/2468">TS</a>]

00:41:17   while because I don't think the dollar value matters that much for looking at [<a href="https://overcast.fm/+CdTc8-_8/2477">TS</a>]

00:41:22   why these companies benefit from each other I think tumblr first of all the [<a href="https://overcast.fm/+CdTc8-_8/2482">TS</a>]

00:41:31   discussions on whether Yahoo's gonna screw it up I think you to consider [<a href="https://overcast.fm/+CdTc8-_8/2491">TS</a>]

00:41:38   first of all that the alternative is not tumblr adjusting as it exists now [<a href="https://overcast.fm/+CdTc8-_8/2498">TS</a>]

00:41:43   forever [<a href="https://overcast.fm/+CdTc8-_8/2503">TS</a>]

00:41:44   alternative would be tumblr securing it up or Tumblr not screwing it up and so [<a href="https://overcast.fm/+CdTc8-_8/2504">TS</a>]

00:41:49   you can look at some of my Twitter where twitter twitter had a similar growth [<a href="https://overcast.fm/+CdTc8-_8/2509">TS</a>]

00:41:54   patterns tumblr about a year and a half before it and rather than get acquired [<a href="https://overcast.fm/+CdTc8-_8/2514">TS</a>]

00:42:00   and some kind of massive mega-deal like this twitter has has led to just keep [<a href="https://overcast.fm/+CdTc8-_8/2520">TS</a>]

00:42:05   going independently and and you know try to make a profit reliably and and and [<a href="https://overcast.fm/+CdTc8-_8/2525">TS</a>]

00:42:11   you know maybe eventually have an IPO who knows but you can look at what [<a href="https://overcast.fm/+CdTc8-_8/2531">TS</a>]

00:42:16   winners had to do to pull that off and it's really angered a lot of people [<a href="https://overcast.fm/+CdTc8-_8/2536">TS</a>]

00:42:20   included so you have to consider also you know what of tumblr didn't get [<a href="https://overcast.fm/+CdTc8-_8/2540">TS</a>]

00:42:27   acquired right now what would the next few years of tumblr look like and the [<a href="https://overcast.fm/+CdTc8-_8/2547">TS</a>]

00:42:34   company was growing so quickly and as a result of course I'm sure again this is [<a href="https://overcast.fm/+CdTc8-_8/2554">TS</a>]

00:42:39   not based on inside information I i assume their costs were growing a lot [<a href="https://overcast.fm/+CdTc8-_8/2559">TS</a>]

00:42:44   too and the problem is right now Facebook's IPO was a huge disappointment [<a href="https://overcast.fm/+CdTc8-_8/2564">TS</a>]

00:42:52   before that Zynga's IPO was a huge disappointment and a huge [<a href="https://overcast.fm/+CdTc8-_8/2572">TS</a>]

00:42:59   disappointments [<a href="https://overcast.fm/+CdTc8-_8/2579">TS</a>]

00:43:00   big consumer web tech companies having IPOs have not done very well recently [<a href="https://overcast.fm/+CdTc8-_8/2580">TS</a>]

00:43:06   and so when your company gets really really big to the point where almost [<a href="https://overcast.fm/+CdTc8-_8/2586">TS</a>]

00:43:11   nobody can afford to buy you any more like Twitter is a great example when you [<a href="https://overcast.fm/+CdTc8-_8/2591">TS</a>]

00:43:17   think about what they have to do you know if if they have to keep raising [<a href="https://overcast.fm/+CdTc8-_8/2597">TS</a>]

00:43:22   money from investors those investors going to start thinking about what's the [<a href="https://overcast.fm/+CdTc8-_8/2602">TS</a>]

00:43:24   exit plan here you know how we ever gonna get this [<a href="https://overcast.fm/+CdTc8-_8/2604">TS</a>]

00:43:27   get a good return on this money you know if we're gonna be dropping you know [<a href="https://overcast.fm/+CdTc8-_8/2607">TS</a>]

00:43:31   hundreds of millions of dollars into your company if the IPO market isn't [<a href="https://overcast.fm/+CdTc8-_8/2611">TS</a>]

00:43:35   very good you know if if our out if are possible outcome is what happened to [<a href="https://overcast.fm/+CdTc8-_8/2615">TS</a>]

00:43:39   Facebook with their crappy botched IPO than you know that's not very good for [<a href="https://overcast.fm/+CdTc8-_8/2619">TS</a>]

00:43:45   the investor so I think it's probably hard to raise money when you're that big [<a href="https://overcast.fm/+CdTc8-_8/2625">TS</a>]

00:43:50   of a company I kind of reasonable terms and that's why I think we see what [<a href="https://overcast.fm/+CdTc8-_8/2630">TS</a>]

00:43:55   Twitter's been doing this past year to is trying to make a lot of money as [<a href="https://overcast.fm/+CdTc8-_8/2635">TS</a>]

00:44:01   quickly as they possibly can so again this is not based on inside information [<a href="https://overcast.fm/+CdTc8-_8/2641">TS</a>]

00:44:06   the speculation but I think it's probably worth considering whether [<a href="https://overcast.fm/+CdTc8-_8/2646">TS</a>]

00:44:12   tumblr would have reached that point and if so when [<a href="https://overcast.fm/+CdTc8-_8/2652">TS</a>]

00:44:15   and now that Yahoo has bought it if they were gonna be anywhere near that point [<a href="https://overcast.fm/+CdTc8-_8/2655">TS</a>]

00:44:22   they probably wouldn't be any more or at least the pressure will be significantly [<a href="https://overcast.fm/+CdTc8-_8/2662">TS</a>]

00:44:26   reduced in the times gonna be more flexible not to say that Yahoo has [<a href="https://overcast.fm/+CdTc8-_8/2666">TS</a>]

00:44:30   bottomless pockets but you know Yahoo can afford for this unit of their [<a href="https://overcast.fm/+CdTc8-_8/2670">TS</a>]

00:44:36   business to lose money for a few quarters are for a few years before it [<a href="https://overcast.fm/+CdTc8-_8/2676">TS</a>]

00:44:40   starts making money or as an independent company can't really do that very well [<a href="https://overcast.fm/+CdTc8-_8/2680">TS</a>]

00:44:44   you can but then I mess up your finances and so this is not a great time to be a [<a href="https://overcast.fm/+CdTc8-_8/2684">TS</a>]

00:44:51   company like Twitter where the hope of an IPO making a big is pretty low and [<a href="https://overcast.fm/+CdTc8-_8/2691">TS</a>]

00:44:58   you're so big nobody can by you and you can only raise money on good terms [<a href="https://overcast.fm/+CdTc8-_8/2698">TS</a>]

00:45:02   anymore so that's why Twitter kinda had to do what it did to be bought and I [<a href="https://overcast.fm/+CdTc8-_8/2702">TS</a>]

00:45:10   didn't want to be but most people could afford [<a href="https://overcast.fm/+CdTc8-_8/2710">TS</a>]

00:45:13   you know most most people who were likely to want to buy Twitter whenever [<a href="https://overcast.fm/+CdTc8-_8/2713">TS</a>]

00:45:17   really hard time justifying a kind of purchase and Twitter doesn't want to be [<a href="https://overcast.fm/+CdTc8-_8/2717">TS</a>]

00:45:21   like you said that was a decision so that's different than not being able to [<a href="https://overcast.fm/+CdTc8-_8/2721">TS</a>]

00:45:25   like me on facebook the same thing face because the classic example where we got [<a href="https://overcast.fm/+CdTc8-_8/2725">TS</a>]

00:45:28   who's speaking of wanted to buy facebook four tons of money at various points and [<a href="https://overcast.fm/+CdTc8-_8/2728">TS</a>]

00:45:34   taste said no and that was you know that was his call and it seemed at the time [<a href="https://overcast.fm/+CdTc8-_8/2734">TS</a>]

00:45:39   but now Facebook is much bigger than they were then and you know worked out [<a href="https://overcast.fm/+CdTc8-_8/2739">TS</a>]

00:45:43   for him [<a href="https://overcast.fm/+CdTc8-_8/2743">TS</a>]

00:45:44   Twitter seem to follow the same playbook people wanted to buy them they said no [<a href="https://overcast.fm/+CdTc8-_8/2744">TS</a>]

00:45:47   we want to go to longer going to be the next Facebook and now we're waiting to [<a href="https://overcast.fm/+CdTc8-_8/2747">TS</a>]

00:45:50   see if that's the case so yes i know im so I think you can make a pretty good [<a href="https://overcast.fm/+CdTc8-_8/2750">TS</a>]

00:45:56   case for why tumblr benefits from Yahoo because there's this whole set of [<a href="https://overcast.fm/+CdTc8-_8/2756">TS</a>]

00:46:04   massive financial pressures that not to say that that all pressure off them but [<a href="https://overcast.fm/+CdTc8-_8/2764">TS</a>]

00:46:11   now they have a lot more flexibility in that presumably and plus a look at what [<a href="https://overcast.fm/+CdTc8-_8/2771">TS</a>]

00:46:18   you what tumblr has tumblr has like you know all these users and all his [<a href="https://overcast.fm/+CdTc8-_8/2778">TS</a>]

00:46:23   relevance on these cool people in all this hip content being created all this [<a href="https://overcast.fm/+CdTc8-_8/2783">TS</a>]

00:46:27   engagement and they don't really have much of an ad sales force yet as Yahoo [<a href="https://overcast.fm/+CdTc8-_8/2787">TS</a>]

00:46:33   has a massive ad sales force and they're desperate for use of engagement so again [<a href="https://overcast.fm/+CdTc8-_8/2793">TS</a>]

00:46:37   I think it makes a lot of sense why do companies go together and you look at it [<a href="https://overcast.fm/+CdTc8-_8/2797">TS</a>]

00:46:42   from Yahoo's point of view and as an outsider a look at Yahoo and think [<a href="https://overcast.fm/+CdTc8-_8/2802">TS</a>]

00:46:46   here's a company that nobody pays attention to any more and I think on [<a href="https://overcast.fm/+CdTc8-_8/2806">TS</a>]

00:46:50   their news call this said that their average demographic is is getting older [<a href="https://overcast.fm/+CdTc8-_8/2810">TS</a>]

00:46:53   and that's not good form for money so like you see this company kinda losing [<a href="https://overcast.fm/+CdTc8-_8/2813">TS</a>]

00:46:59   relevance and and just like if Yahoo News Service [<a href="https://overcast.fm/+CdTc8-_8/2819">TS</a>]

00:47:05   even talked about it nobody blogs about it and none of the geeks like us even [<a href="https://overcast.fm/+CdTc8-_8/2825">TS</a>]

00:47:09   try it and so they they have to make drastic moves to get more relevance and [<a href="https://overcast.fm/+CdTc8-_8/2829">TS</a>]

00:47:17   to get back on track [<a href="https://overcast.fm/+CdTc8-_8/2837">TS</a>]

00:47:18   they also need the social network they did you know that Google has Google+ [<a href="https://overcast.fm/+CdTc8-_8/2838">TS</a>]

00:47:22   which might or might not be actually used but they at least have it they have [<a href="https://overcast.fm/+CdTc8-_8/2842">TS</a>]

00:47:26   database table somewhere with a lot of ideas and that's why they call [<a href="https://overcast.fm/+CdTc8-_8/2846">TS</a>]

00:47:29   themselves users Facebook has itself having social really Xbox Live ok that's [<a href="https://overcast.fm/+CdTc8-_8/2849">TS</a>]

00:47:39   something that's sort of sort of a few pieces here and there but Xbox Live is [<a href="https://overcast.fm/+CdTc8-_8/2859">TS</a>]

00:47:45   not a piece that's full-fledged social but yeah a little bit I don't know why I [<a href="https://overcast.fm/+CdTc8-_8/2865">TS</a>]

00:47:49   think it's a little bit different but OK [<a href="https://overcast.fm/+CdTc8-_8/2869">TS</a>]

00:47:53   that they have some good pieces I think Yahoo need something like that and so [<a href="https://overcast.fm/+CdTc8-_8/2873">TS</a>]

00:47:58   now the habit so you can look at all these things there's a lot of reasons [<a href="https://overcast.fm/+CdTc8-_8/2878">TS</a>]

00:48:02   why these companies benefit from each other without even considering the money [<a href="https://overcast.fm/+CdTc8-_8/2882">TS</a>]

00:48:06   aspect of how much they bought it for so much about it for I have no idea what is [<a href="https://overcast.fm/+CdTc8-_8/2886">TS</a>]

00:48:11   based on you have no idea that's based on it doesn't really matter honestly [<a href="https://overcast.fm/+CdTc8-_8/2891">TS</a>]

00:48:13   like it matters to the shareholders but it doesn't really matter to the world [<a href="https://overcast.fm/+CdTc8-_8/2893">TS</a>]

00:48:17   you know how much you paid for it would be fun to see the slides though because [<a href="https://overcast.fm/+CdTc8-_8/2897">TS</a>]

00:48:21   you know there is a slight it says we protect the value of our people over [<a href="https://overcast.fm/+CdTc8-_8/2901">TS</a>]

00:48:24   this amount of times this amount of money so we feel that by his company [<a href="https://overcast.fm/+CdTc8-_8/2904">TS</a>]

00:48:27   you're buying the future you know like you know this BS graphic explaining why [<a href="https://overcast.fm/+CdTc8-_8/2907">TS</a>]

00:48:33   1.1 doing this the number is not one billion but you know all those are all [<a href="https://overcast.fm/+CdTc8-_8/2913">TS</a>]

00:48:38   in all those grass like the along the x-axis the thing at the left edges like [<a href="https://overcast.fm/+CdTc8-_8/2918">TS</a>]

00:48:43   the current and everything else is the future so just like projections of [<a href="https://overcast.fm/+CdTc8-_8/2923">TS</a>]

00:48:47   fantastical future they may or may not come to pass will also keep in mind too [<a href="https://overcast.fm/+CdTc8-_8/2927">TS</a>]

00:48:52   like there's a lot of value here not just you know there's value to Yahoo in [<a href="https://overcast.fm/+CdTc8-_8/2932">TS</a>]

00:48:57   buying this particular social network site publishing thing because they [<a href="https://overcast.fm/+CdTc8-_8/2937">TS</a>]

00:49:02   didn't have a social network and there aren't that many that are meaningfully [<a href="https://overcast.fm/+CdTc8-_8/2942">TS</a>]

00:49:05   size that they can afford that's one big problem they have why they are they [<a href="https://overcast.fm/+CdTc8-_8/2945">TS</a>]

00:49:09   really going to Tumblr one reason why I told him I might need to guide you in [<a href="https://overcast.fm/+CdTc8-_8/2949">TS</a>]

00:49:12   particular to be the buyer gonna sell is the Yahoo is in this place of humility [<a href="https://overcast.fm/+CdTc8-_8/2952">TS</a>]

00:49:19   and change and progress and I know David pretty well and David David is not [<a href="https://overcast.fm/+CdTc8-_8/2959">TS</a>]

00:49:25   somebody who wants to be told what to do with this product constantly you know [<a href="https://overcast.fm/+CdTc8-_8/2965">TS</a>]

00:49:29   he's gonna want his own say and from all the reports that sounds like you know he [<a href="https://overcast.fm/+CdTc8-_8/2969">TS</a>]

00:49:33   Marissa Meyer see eye-to-eye lot and he got [<a href="https://overcast.fm/+CdTc8-_8/2973">TS</a>]

00:49:36   you know he's locked into work for them for a little while and and and she's you [<a href="https://overcast.fm/+CdTc8-_8/2976">TS</a>]

00:49:41   know she was apparently promising some kind of autonomy or at least you know [<a href="https://overcast.fm/+CdTc8-_8/2981">TS</a>]

00:49:45   giving him a good good amount of authority so it matters like who buys [<a href="https://overcast.fm/+CdTc8-_8/2985">TS</a>]

00:49:50   you but if you look at one of the reasons why why you might wanna Saudi [<a href="https://overcast.fm/+CdTc8-_8/2990">TS</a>]

00:49:54   Yahoo instead of say Google it because Google has not shown that the very good [<a href="https://overcast.fm/+CdTc8-_8/2994">TS</a>]

00:49:59   acquire and are so many things that go bump my Google and then either get [<a href="https://overcast.fm/+CdTc8-_8/2999">TS</a>]

00:50:03   stagnated or shut down or the people get annoyed about internal stuff and they [<a href="https://overcast.fm/+CdTc8-_8/3003">TS</a>]

00:50:08   leave so you know if it matters who buys you and if you care about your future [<a href="https://overcast.fm/+CdTc8-_8/3008">TS</a>]

00:50:14   happiness and the future health of your product you gotta make sure you sell it [<a href="https://overcast.fm/+CdTc8-_8/3014">TS</a>]

00:50:17   to somebody who works right you gotta make sure that you sell to somebody who [<a href="https://overcast.fm/+CdTc8-_8/3017">TS</a>]

00:50:22   you trust to to be decent to work with and to do well but the product you can't [<a href="https://overcast.fm/+CdTc8-_8/3022">TS</a>]

00:50:28   sell to anybody willing to pay a good price [<a href="https://overcast.fm/+CdTc8-_8/3028">TS</a>]

00:50:30   Yahoo would have been much better off tho buying the Tumblr as it existed [<a href="https://overcast.fm/+CdTc8-_8/3030">TS</a>]

00:50:35   several years ago like you do you really want you really bad idea is to buy the [<a href="https://overcast.fm/+CdTc8-_8/3035">TS</a>]

00:50:39   hip new things just as its kind of breaking like as I almost feel like [<a href="https://overcast.fm/+CdTc8-_8/3039">TS</a>]

00:50:44   Tumblr not the time to time has passed but tumblr has already gotten to the [<a href="https://overcast.fm/+CdTc8-_8/3044">TS</a>]

00:50:48   point where you need to spend a billion to get it right because if you look at [<a href="https://overcast.fm/+CdTc8-_8/3048">TS</a>]

00:50:51   the graphical user wrote you would really love to about it before the [<a href="https://overcast.fm/+CdTc8-_8/3051">TS</a>]

00:50:54   little needy and in the graph right then you feel like you got in on something on [<a href="https://overcast.fm/+CdTc8-_8/3054">TS</a>]

00:51:01   the ground floor and it just takes off while you have it where the worst-case [<a href="https://overcast.fm/+CdTc8-_8/3061">TS</a>]

00:51:03   scenario tumblr is it's massively popular now it was a big thing everyone [<a href="https://overcast.fm/+CdTc8-_8/3063">TS</a>]

00:51:08   has a temper is really popular and then just like tapers off like you bought at [<a href="https://overcast.fm/+CdTc8-_8/3068">TS</a>]

00:51:11   the top of the market [<a href="https://overcast.fm/+CdTc8-_8/3071">TS</a>]

00:51:12   draw something that I mean that was that was an example of being by a terrible [<a href="https://overcast.fm/+CdTc8-_8/3072">TS</a>]

00:51:18   acquire that everybody hates that screws everything up that's why we can laugh at [<a href="https://overcast.fm/+CdTc8-_8/3078">TS</a>]

00:51:21   it because like who cares if Zynga loses money like this horrible people that [<a href="https://overcast.fm/+CdTc8-_8/3081">TS</a>]

00:51:28   companies like nobody cares if I mean it like in this deal like you had to think [<a href="https://overcast.fm/+CdTc8-_8/3088">TS</a>]

00:51:33   in this deal of marcos you know it's taken tumblr side would you rather be [<a href="https://overcast.fm/+CdTc8-_8/3093">TS</a>]

00:51:38   Yahoo that now on tumblr would you rather be the investors are employees of [<a href="https://overcast.fm/+CdTc8-_8/3098">TS</a>]

00:51:41   tumblr you too much rather be just as hard for me to look at this in any way [<a href="https://overcast.fm/+CdTc8-_8/3101">TS</a>]

00:51:45   tumblr people got the better half of the steel but see I don't know I really do [<a href="https://overcast.fm/+CdTc8-_8/3105">TS</a>]

00:51:50   think that I think Yahoo needed this to my I think both companies are doing [<a href="https://overcast.fm/+CdTc8-_8/3110">TS</a>]

00:51:55   quite well as a result of this but like Yahoo now has to deliver whereas tumblr [<a href="https://overcast.fm/+CdTc8-_8/3115">TS</a>]

00:51:59   like made an amazing product they got really big they got sold on trade terms [<a href="https://overcast.fm/+CdTc8-_8/3119">TS</a>]

00:52:04   of birds seem to be very favorable to them and like a very success or even [<a href="https://overcast.fm/+CdTc8-_8/3124">TS</a>]

00:52:08   matter what happens from now on and Yahoo it remains to be seen like their [<a href="https://overcast.fm/+CdTc8-_8/3128">TS</a>]

00:52:12   future is still to be written the pressure is now on them to us they said [<a href="https://overcast.fm/+CdTc8-_8/3132">TS</a>]

00:52:15   not screwed up that's certainly true but you know just looking at like who got [<a href="https://overcast.fm/+CdTc8-_8/3135">TS</a>]

00:52:21   their money's worth here looks like a pretty pretty good mutual benefit anyway [<a href="https://overcast.fm/+CdTc8-_8/3141">TS</a>]

00:52:26   speaking of business terms actually pretty cool this is a sponsor is Windows [<a href="https://overcast.fm/+CdTc8-_8/3146">TS</a>]

00:52:35   Azure mobile services now because you're all probably nerds like us you've [<a href="https://overcast.fm/+CdTc8-_8/3155">TS</a>]

00:52:40   probably heard this advertising other nerdy podcasts and other blogs but this [<a href="https://overcast.fm/+CdTc8-_8/3160">TS</a>]

00:52:44   is this is interesting Windows Azure mobile services by Microsoft guests [<a href="https://overcast.fm/+CdTc8-_8/3164">TS</a>]

00:52:48   Microsoft make it faster and easier to build a cloud powered iOS app so it's [<a href="https://overcast.fm/+CdTc8-_8/3168">TS</a>]

00:52:56   basically a cloud platform you write the code in Java Script actually it's [<a href="https://overcast.fm/+CdTc8-_8/3176">TS</a>]

00:53:01   believed to have a node NodeJS interface as well as I believe a couple of [<a href="https://overcast.fm/+CdTc8-_8/3181">TS</a>]

00:53:06   languages sorry about not knowing that that wasn't part of the script but I [<a href="https://overcast.fm/+CdTc8-_8/3186">TS</a>]

00:53:12   heard it was pretty cool they take care of the glue code necessary for storing [<a href="https://overcast.fm/+CdTc8-_8/3192">TS</a>]

00:53:17   data in the cloud and authenticating users via Facebook or Twitter and even [<a href="https://overcast.fm/+CdTc8-_8/3197">TS</a>]

00:53:21   sending Apple's push notifications and if you've written push notification code [<a href="https://overcast.fm/+CdTc8-_8/3201">TS</a>]

00:53:26   and haven't having to having to deal with all those various tickets and [<a href="https://overcast.fm/+CdTc8-_8/3206">TS</a>]

00:53:30   everything you'll know that this is this is great to have someone else do this [<a href="https://overcast.fm/+CdTc8-_8/3210">TS</a>]

00:53:33   for you so anyway mobile services you can I pushed your app it's a single [<a href="https://overcast.fm/+CdTc8-_8/3213">TS</a>]

00:53:38   command post are a pianist dots and you can see the API pretty awesome you know [<a href="https://overcast.fm/+CdTc8-_8/3218">TS</a>]

00:53:45   you shouldn't need to build your own massive server infrastructure if you [<a href="https://overcast.fm/+CdTc8-_8/3225">TS</a>]

00:53:49   don't want to you know it's nice to have options we've talked about this in the [<a href="https://overcast.fm/+CdTc8-_8/3229">TS</a>]

00:53:52   show in the past and one of the people's blood by this before it was talked about [<a href="https://overcast.fm/+CdTc8-_8/3232">TS</a>]

00:53:55   is Brent Simmons and Brent Simmons actually is [<a href="https://overcast.fm/+CdTc8-_8/3235">TS</a>]

00:53:58   kind of a spokesperson for Windows Azure mobile services he he did a few videos [<a href="https://overcast.fm/+CdTc8-_8/3238">TS</a>]

00:54:04   for them you can see if you go to the site go to Windows Azure dot com slash [<a href="https://overcast.fm/+CdTc8-_8/3244">TS</a>]

00:54:09   iOS and you can go see Brandt talking in videos showing how to do this and what [<a href="https://overcast.fm/+CdTc8-_8/3249">TS</a>]

00:54:15   this can do it's pretty awesome you know it's it's we think of Microsoft is being [<a href="https://overcast.fm/+CdTc8-_8/3255">TS</a>]

00:54:20   this company that we as Mac people can kind of ignore but they're good they're [<a href="https://overcast.fm/+CdTc8-_8/3260">TS</a>]

00:54:25   getting to the server business in the service of business pretty well and this [<a href="https://overcast.fm/+CdTc8-_8/3265">TS</a>]

00:54:28   is worth looking at I i I tell myself it looks pretty interesting so anyway if [<a href="https://overcast.fm/+CdTc8-_8/3268">TS</a>]

00:54:35   you looking to build an iOS app or the connection at you already have to the [<a href="https://overcast.fm/+CdTc8-_8/3275">TS</a>]

00:54:38   cloud [<a href="https://overcast.fm/+CdTc8-_8/3278">TS</a>]

00:54:39   take a look at as your mobile services you can start today for free so good a [<a href="https://overcast.fm/+CdTc8-_8/3279">TS</a>]

00:54:43   Windows Azure dot com slash iOS and thanks again for sponsoring the show [<a href="https://overcast.fm/+CdTc8-_8/3283">TS</a>]

00:54:48   used to be like when these things like ec2 and other services first came out [<a href="https://overcast.fm/+CdTc8-_8/3288">TS</a>]

00:54:55   and I was like oh well this is great you know I won't have to setup man serving I [<a href="https://overcast.fm/+CdTc8-_8/3295">TS</a>]

00:54:58   can try this thing with people who are ya but if you ever wanna be like a real [<a href="https://overcast.fm/+CdTc8-_8/3298">TS</a>]

00:55:01   player on the internet you have to do all this yourself now the real players [<a href="https://overcast.fm/+CdTc8-_8/3301">TS</a>]

00:55:05   use easy to write and now like I was just reading you know some Twitter [<a href="https://overcast.fm/+CdTc8-_8/3305">TS</a>]

00:55:09   something saying the netflixs something like twenty thousand ec2 instances like [<a href="https://overcast.fm/+CdTc8-_8/3309">TS</a>]

00:55:13   there's no there's no one like you know you got to play with the big boys [<a href="https://overcast.fm/+CdTc8-_8/3313">TS</a>]

00:55:17   Netflix is a big boy like a third of all internet traffic and something that was [<a href="https://overcast.fm/+CdTc8-_8/3317">TS</a>]

00:55:22   never an easy to like that you know back in the nineties you Marc Andreessen or [<a href="https://overcast.fm/+CdTc8-_8/3322">TS</a>]

00:55:27   whatever [<a href="https://overcast.fm/+CdTc8-_8/3327">TS</a>]

00:55:27   saying like in the future we're all going to buy computing services are like [<a href="https://overcast.fm/+CdTc8-_8/3327">TS</a>]

00:55:31   you know i i at a retail and biamby compute and storage in the cloud in like [<a href="https://overcast.fm/+CdTc8-_8/3331">TS</a>]

00:55:37   Yeah Yeah Yeah right and then like without us noticing that it's basically [<a href="https://overcast.fm/+CdTc8-_8/3337">TS</a>]

00:55:40   happens on things like Windows Azure and everything like I think a lot of people [<a href="https://overcast.fm/+CdTc8-_8/3340">TS</a>]

00:55:45   who are least people my age look at it like that's fine and everything but like [<a href="https://overcast.fm/+CdTc8-_8/3345">TS</a>]

00:55:49   I really want my my iOS a position to be like a serious apps are going to do this [<a href="https://overcast.fm/+CdTc8-_8/3349">TS</a>]

00:55:55   myself because you know those things are just people who are just starting out no [<a href="https://overcast.fm/+CdTc8-_8/3355">TS</a>]

00:55:58   like the biggest companies in the world are using these type of retail [<a href="https://overcast.fm/+CdTc8-_8/3358">TS</a>]

00:56:03   infrastructure services [<a href="https://overcast.fm/+CdTc8-_8/3363">TS</a>]

00:56:05   if they're good enough for Netflix believe me they're gonna figure you're [<a href="https://overcast.fm/+CdTc8-_8/3365">TS</a>]

00:56:09   feeling a lot of this year we talked a lot about this stuff and development [<a href="https://overcast.fm/+CdTc8-_8/3369">TS</a>]

00:56:14   whenever technology is gonna move up the stack and get further away from the bare [<a href="https://overcast.fm/+CdTc8-_8/3374">TS</a>]

00:56:19   metal and in some kind of way you see it with language is going from from [<a href="https://overcast.fm/+CdTc8-_8/3379">TS</a>]

00:56:23   assembly to see to higher level stuff and memory manage stuff and as always [<a href="https://overcast.fm/+CdTc8-_8/3383">TS</a>]

00:56:28   these arguments about this new thing is only for you know X small segment or or [<a href="https://overcast.fm/+CdTc8-_8/3388">TS</a>]

00:56:34   only for you know new people to programming or whatever and then you see [<a href="https://overcast.fm/+CdTc8-_8/3394">TS</a>]

00:56:39   those things always slowly become a hipster because like you know it [<a href="https://overcast.fm/+CdTc8-_8/3399">TS</a>]

00:56:43   actually looking at you start realizing well these days it really isn't worth it [<a href="https://overcast.fm/+CdTc8-_8/3403">TS</a>]

00:56:47   for almost anybody to write assembly language and and you know something [<a href="https://overcast.fm/+CdTc8-_8/3407">TS</a>]

00:56:51   server side stuff you see like it's already almost not worth it frame by [<a href="https://overcast.fm/+CdTc8-_8/3411">TS</a>]

00:56:55   Article ok server to actually unit actually buy a physical server and put [<a href="https://overcast.fm/+CdTc8-_8/3415">TS</a>]

00:56:59   it somewhere like that that's worth doing for almost nobody and even [<a href="https://overcast.fm/+CdTc8-_8/3419">TS</a>]

00:57:04   dedicated servers now I mean I've been a huge dedicated server fan for years and [<a href="https://overcast.fm/+CdTc8-_8/3424">TS</a>]

00:57:08   years and years just like you know just leasing a dedicated server somewhere [<a href="https://overcast.fm/+CdTc8-_8/3428">TS</a>]

00:57:11   that's that's meant the harbor is maintained by somebody else even that [<a href="https://overcast.fm/+CdTc8-_8/3431">TS</a>]

00:57:14   though is really hard to justify today cos VPS are so good and cheap and now [<a href="https://overcast.fm/+CdTc8-_8/3434">TS</a>]

00:57:20   you have the other platforms you have as your you have things like Heroku for [<a href="https://overcast.fm/+CdTc8-_8/3440">TS</a>]

00:57:23   reals and and and your PC to a look at a lower level and things that are built on [<a href="https://overcast.fm/+CdTc8-_8/3443">TS</a>]

00:57:29   ec2 like I think her but you know you have all these days new iCloud at [<a href="https://overcast.fm/+CdTc8-_8/3449">TS</a>]

00:57:34   platforms where you don't even have to manage server instances anymore you [<a href="https://overcast.fm/+CdTc8-_8/3454">TS</a>]

00:57:38   don't have too many virtual servers anymore there's even these things are [<a href="https://overcast.fm/+CdTc8-_8/3458">TS</a>]

00:57:41   getting abstracted away and and it's it's gone way beyond like tinkering [<a href="https://overcast.fm/+CdTc8-_8/3461">TS</a>]

00:57:46   hobbyist territory to the point where as johnnie said there's a lot of serious [<a href="https://overcast.fm/+CdTc8-_8/3466">TS</a>]

00:57:49   stuff that's built on this and and it's you know it's it's no longer just for [<a href="https://overcast.fm/+CdTc8-_8/3469">TS</a>]

00:57:54   newbies to programming but it happens to be really nice if you are correct it [<a href="https://overcast.fm/+CdTc8-_8/3474">TS</a>]

00:58:00   seems to me like with every movement up the stack all the old-timers say you [<a href="https://overcast.fm/+CdTc8-_8/3480">TS</a>]

00:58:06   whippersnapper zand not having to worry about memory management oh you're a [<a href="https://overcast.fm/+CdTc8-_8/3486">TS</a>]

00:58:10   bunch of wimps and then eventually everyone realizes you know what [<a href="https://overcast.fm/+CdTc8-_8/3490">TS</a>]

00:58:14   working memory kinda sucks [<a href="https://overcast.fm/+CdTc8-_8/3494">TS</a>]

00:58:16   and I don't do that and so this is just another example of that and as her in [<a href="https://overcast.fm/+CdTc8-_8/3496">TS</a>]

00:58:23   particular group were posted [<a href="https://overcast.fm/+CdTc8-_8/3503">TS</a>]

00:58:25   linked list post earlier tonight about how if you think heavily paraphrasing [<a href="https://overcast.fm/+CdTc8-_8/3505">TS</a>]

00:58:32   but if you think that Microsoft needs to go forward and it needs to do so in [<a href="https://overcast.fm/+CdTc8-_8/3512">TS</a>]

00:58:37   arguably two categories one is services and one is devices will you could easily [<a href="https://overcast.fm/+CdTc8-_8/3517">TS</a>]

00:58:43   argue that Azure is the services component and as a hopefully decent [<a href="https://overcast.fm/+CdTc8-_8/3523">TS</a>]

00:58:49   segue into our next topic [<a href="https://overcast.fm/+CdTc8-_8/3529">TS</a>]

00:58:51   the Xbox is very likely going to be the device that brings Microsoft into the [<a href="https://overcast.fm/+CdTc8-_8/3531">TS</a>]

00:58:56   post-pc era so which are you talking about the Xbox one Xbox 360 or the Xbox [<a href="https://overcast.fm/+CdTc8-_8/3536">TS</a>]

00:59:03   one exactly I'm talking about the good one thats 359 less than the previous one [<a href="https://overcast.fm/+CdTc8-_8/3543">TS</a>]

00:59:11   but it's still good in fact that supposed to be better I like despite [<a href="https://overcast.fm/+CdTc8-_8/3551">TS</a>]

00:59:15   what john thinks I think it was a great system [<a href="https://overcast.fm/+CdTc8-_8/3555">TS</a>]

00:59:18   the first Xbox the Ferrari love for her to call the Xbox you could have a more [<a href="https://overcast.fm/+CdTc8-_8/3558">TS</a>]

00:59:26   enjoyable for you to that do you wanna talk about the Wii U's abysmal [<a href="https://overcast.fm/+CdTc8-_8/3566">TS</a>]

00:59:31   performance at all but that hasn't sold any of them like they're having major [<a href="https://overcast.fm/+CdTc8-_8/3571">TS</a>]

00:59:37   problems over there but nobody else I think I think maybe like a typical [<a href="https://overcast.fm/+CdTc8-_8/3577">TS</a>]

00:59:42   actors item boy I did notice a in John's living room that not only to have the [<a href="https://overcast.fm/+CdTc8-_8/3582">TS</a>]

00:59:50   two wheels of course still set up because I believe you mentioned [<a href="https://overcast.fm/+CdTc8-_8/3590">TS</a>]

00:59:53   hypercritical second last episode while you're keeping the old way for some kind [<a href="https://overcast.fm/+CdTc8-_8/3593">TS</a>]

00:59:56   of control issue but then on top of your TV you had both censor bars perfectly [<a href="https://overcast.fm/+CdTc8-_8/3596">TS</a>]

01:00:00   stacked on top of each other centered exactly yeah but it would be nice if you [<a href="https://overcast.fm/+CdTc8-_8/3600">TS</a>]

01:00:06   could share them but as tagged me throw off the balance like the better I was [<a href="https://overcast.fm/+CdTc8-_8/3606">TS</a>]

01:00:10   just one and deal with it [<a href="https://overcast.fm/+CdTc8-_8/3610">TS</a>]

01:00:12   first world problems II you intended to build the wrong thing so it's a bummer [<a href="https://overcast.fm/+CdTc8-_8/3612">TS</a>]

01:00:20   for them [<a href="https://overcast.fm/+CdTc8-_8/3620">TS</a>]

01:00:20   but the one thing to things and tender has going for it [<a href="https://overcast.fm/+CdTc8-_8/3620">TS</a>]

01:00:25   1 it is owned by people who are not history and foolish and like it or not [<a href="https://overcast.fm/+CdTc8-_8/3625">TS</a>]

01:00:35   the windows like greedy shareholders who is one bad quarter it's time to sell the [<a href="https://overcast.fm/+CdTc8-_8/3635">TS</a>]

01:00:38   whole company and start making you know fried dough instead or something right [<a href="https://overcast.fm/+CdTc8-_8/3638">TS</a>]

01:00:42   and to have a lot of money in the bank I don't know if an internal privately held [<a href="https://overcast.fm/+CdTc8-_8/3642">TS</a>]

01:00:46   some of the chatroom can tell me but that's not like you know it you s [<a href="https://overcast.fm/+CdTc8-_8/3646">TS</a>]

01:00:49   companies we're like an apple for instance oh my god you're province did [<a href="https://overcast.fm/+CdTc8-_8/3649">TS</a>]

01:00:53   you grow at the rate you said they're going to and now you're doomed and you [<a href="https://overcast.fm/+CdTc8-_8/3653">TS</a>]

01:00:56   need to change something everyone panics and everything and they get slammed [<a href="https://overcast.fm/+CdTc8-_8/3656">TS</a>]

01:00:59   right that's not the way it works I mean if that was the Nintendo would have sold [<a href="https://overcast.fm/+CdTc8-_8/3659">TS</a>]

01:01:04   to a larger company years ago if they thought it that way but they don't [<a href="https://overcast.fm/+CdTc8-_8/3664">TS</a>]

01:01:08   they're sort of you know very proud in it for the long haul not likely [<a href="https://overcast.fm/+CdTc8-_8/3668">TS</a>]

01:01:11   acquisition targets and have money in the bank from all the good years so [<a href="https://overcast.fm/+CdTc8-_8/3671">TS</a>]

01:01:16   hopefully they weather the storm [<a href="https://overcast.fm/+CdTc8-_8/3676">TS</a>]

01:01:19   do terribly this generation of consoles and come out the other side with some [<a href="https://overcast.fm/+CdTc8-_8/3679">TS</a>]

01:01:24   better ideas so what do you think about the Xbox won the second Xbox won the [<a href="https://overcast.fm/+CdTc8-_8/3684">TS</a>]

01:01:30   deklerk's 123 but you can say it's the third Xbox Xbox 360 Xbox lenny is easy [<a href="https://overcast.fm/+CdTc8-_8/3690">TS</a>]

01:01:39   very easy really you can plan a plan called Xbox to than just out someone [<a href="https://overcast.fm/+CdTc8-_8/3699">TS</a>]

01:01:45   showed like you know it was being searched google image search of whatever [<a href="https://overcast.fm/+CdTc8-_8/3705">TS</a>]

01:01:49   her Xbox so any and all you see pictures of marcos beloved bloated black and [<a href="https://overcast.fm/+CdTc8-_8/3709">TS</a>]

01:01:54   green at sustain a loss of what I do that's what comes up because like I said [<a href="https://overcast.fm/+CdTc8-_8/3714">TS</a>]

01:01:59   you're trying to text box one well that's the thing right now actually so [<a href="https://overcast.fm/+CdTc8-_8/3719">TS</a>]

01:02:03   don't get him started don't do it man don't do it for framing for framing of [<a href="https://overcast.fm/+CdTc8-_8/3723">TS</a>]

01:02:07   the stuff like you know the future of Microsoft thing devices and services [<a href="https://overcast.fm/+CdTc8-_8/3727">TS</a>]

01:02:13   the only reason that framing comes up I think it's done so badly with its [<a href="https://overcast.fm/+CdTc8-_8/3733">TS</a>]

01:02:20   desktop windows [<a href="https://overcast.fm/+CdTc8-_8/3740">TS</a>]

01:02:22   and you know and the mobile space like forever because that's why logo well [<a href="https://overcast.fm/+CdTc8-_8/3742">TS</a>]

01:02:27   okay so Microsoft has shown that they kind of people losing interest the [<a href="https://overcast.fm/+CdTc8-_8/3747">TS</a>]

01:02:30   desktop in general and so Microsoft strength there is no longer interesting [<a href="https://overcast.fm/+CdTc8-_8/3750">TS</a>]

01:02:35   and and mobile Microsoft has failed for years and continues not to get traction [<a href="https://overcast.fm/+CdTc8-_8/3755">TS</a>]

01:02:39   despite the fact that they had a reasonably good product right so it's [<a href="https://overcast.fm/+CdTc8-_8/3759">TS</a>]

01:02:42   like looking elsewhere ok well nevermind about that stuff [<a href="https://overcast.fm/+CdTc8-_8/3762">TS</a>]

01:02:46   Microsoft 101 else if you got that might be good for those those are good and as [<a href="https://overcast.fm/+CdTc8-_8/3766">TS</a>]

01:02:51   your that's really good you know it's like the younger products that are [<a href="https://overcast.fm/+CdTc8-_8/3771">TS</a>]

01:02:54   actually doing well [<a href="https://overcast.fm/+CdTc8-_8/3774">TS</a>]

01:02:56   pushed to the forefront mostly by their complete failure to make a crack in the [<a href="https://overcast.fm/+CdTc8-_8/3776">TS</a>]

01:03:01   mobile market and the diminishment of the stock market so that's I guess a [<a href="https://overcast.fm/+CdTc8-_8/3781">TS</a>]

01:03:07   positive spin on it was the future the company but I see it as a negative it's [<a href="https://overcast.fm/+CdTc8-_8/3787">TS</a>]

01:03:11   like a man shouldn't shouldn't they be read in their slugging it out with [<a href="https://overcast.fm/+CdTc8-_8/3791">TS</a>]

01:03:16   Android and iOS instead of like a distant third over if they are that's [<a href="https://overcast.fm/+CdTc8-_8/3796">TS</a>]

01:03:20   kind of sad and depressing but do we know to go back to the moment do we know [<a href="https://overcast.fm/+CdTc8-_8/3800">TS</a>]

01:03:25   that as your isn't making money like Xbox I think it's probably safe to say [<a href="https://overcast.fm/+CdTc8-_8/3805">TS</a>]

01:03:30   that make good money off that but is as you're making money or his xbox Windows [<a href="https://overcast.fm/+CdTc8-_8/3810">TS</a>]

01:03:35   and Office basically carrying all of Microsoft Azure looks like an investment [<a href="https://overcast.fm/+CdTc8-_8/3815">TS</a>]

01:03:40   kinda like easy to wear in the beginning like you're investing in the future like [<a href="https://overcast.fm/+CdTc8-_8/3820">TS</a>]

01:03:43   this business of retailing services is going to be a good one and by all [<a href="https://overcast.fm/+CdTc8-_8/3823">TS</a>]

01:03:48   accounts a user is a good product and people like it and it is providing [<a href="https://overcast.fm/+CdTc8-_8/3828">TS</a>]

01:03:52   something that that mark is not that crowded how many people have the ability [<a href="https://overcast.fm/+CdTc8-_8/3832">TS</a>]

01:03:57   to provide what has your provides you can't just start to start up in your [<a href="https://overcast.fm/+CdTc8-_8/3837">TS</a>]

01:04:00   garage provide what they what they did was it especially their case likely [<a href="https://overcast.fm/+CdTc8-_8/3840">TS</a>]

01:04:03   require such tight integration of like they control the OS and like the the [<a href="https://overcast.fm/+CdTc8-_8/3843">TS</a>]

01:04:07   metal platform that we have it all together and I need data centers need [<a href="https://overcast.fm/+CdTc8-_8/3847">TS</a>]

01:04:10   all that stuff [<a href="https://overcast.fm/+CdTc8-_8/3850">TS</a>]

01:04:12   Amazon bootstrap thing by having a very successful very very high revenues not [<a href="https://overcast.fm/+CdTc8-_8/3852">TS</a>]

01:04:17   profit online store and let them build easy to use it as your I'm sure has been [<a href="https://overcast.fm/+CdTc8-_8/3857">TS</a>]

01:04:23   funded by all the profits from office [<a href="https://overcast.fm/+CdTc8-_8/3863">TS</a>]

01:04:26   places Microsoft make some money but it's a good investment in the future so [<a href="https://overcast.fm/+CdTc8-_8/3866">TS</a>]

01:04:29   I don't think microsoft's logo man when is that going to make money I think they [<a href="https://overcast.fm/+CdTc8-_8/3869">TS</a>]

01:04:33   are just like just make the product better get people to use it because this [<a href="https://overcast.fm/+CdTc8-_8/3873">TS</a>]

01:04:36   is clearly a thing that people want and very few other people are providing it [<a href="https://overcast.fm/+CdTc8-_8/3876">TS</a>]

01:04:40   so we can make a good product in the space and only two or three other people [<a href="https://overcast.fm/+CdTc8-_8/3880">TS</a>]

01:04:43   in space we feel good about it so I think they're okay with that [<a href="https://overcast.fm/+CdTc8-_8/3883">TS</a>]

01:04:49   so is the Xbox 1221 xbox Xbox is that any good does that excite you at all or [<a href="https://overcast.fm/+CdTc8-_8/3889">TS</a>]

01:04:57   not so much it's kind of boring that all of the predictions about what the [<a href="https://overcast.fm/+CdTc8-_8/3897">TS</a>]

01:05:02   current generation of console would be came out to be true but you know that's [<a href="https://overcast.fm/+CdTc8-_8/3902">TS</a>]

01:05:06   the day that's the world where everything is and we write stuff so it's [<a href="https://overcast.fm/+CdTc8-_8/3906">TS</a>]

01:05:12   exactly the box that run thought it would be got this text everyone thought [<a href="https://overcast.fm/+CdTc8-_8/3912">TS</a>]

01:05:15   it would have this speculation of all why does it have the specs like way back [<a href="https://overcast.fm/+CdTc8-_8/3915">TS</a>]

01:05:22   when asked why does it have a gig of ram when the ps4 supposedly has foreign some [<a href="https://overcast.fm/+CdTc8-_8/3922">TS</a>]

01:05:27   people thought the ps4 was going down for before the actual announcement that [<a href="https://overcast.fm/+CdTc8-_8/3927">TS</a>]

01:05:31   it also has a well the reason that the new Xbox is going to have eight is [<a href="https://overcast.fm/+CdTc8-_8/3931">TS</a>]

01:05:35   because it's not just gonna be a game console their own also wanted to grant [<a href="https://overcast.fm/+CdTc8-_8/3935">TS</a>]

01:05:38   all sorts of home entertainment TV time functionality in it and that totally [<a href="https://overcast.fm/+CdTc8-_8/3938">TS</a>]

01:05:43   made sense because Xbox it's not the most popular Netflix ps3 is actually [<a href="https://overcast.fm/+CdTc8-_8/3943">TS</a>]

01:05:49   more popular than a bit like Microsoft likes to sell you stuff through the Xbox [<a href="https://overcast.fm/+CdTc8-_8/3949">TS</a>]

01:05:53   it also you can buy movies music and also some other things I believe you can [<a href="https://overcast.fm/+CdTc8-_8/3953">TS</a>]

01:05:58   watch or not flex like it is it's it's a gateway to do things that are not gaming [<a href="https://overcast.fm/+CdTc8-_8/3958">TS</a>]

01:06:03   so it made perfect sense that Microsoft's next console would go [<a href="https://overcast.fm/+CdTc8-_8/3963">TS</a>]

01:06:07   further in that direction is why wouldn't they like they have a popular [<a href="https://overcast.fm/+CdTc8-_8/3967">TS</a>]

01:06:10   service to people like that they can sell you things through and you know it [<a href="https://overcast.fm/+CdTc8-_8/3970">TS</a>]

01:06:15   and i also have to play games they would clearly go forward that's our place as [<a href="https://overcast.fm/+CdTc8-_8/3975">TS</a>]

01:06:19   it turned out both the ps4 and Xbox one and the same amount of RAM but as [<a href="https://overcast.fm/+CdTc8-_8/3979">TS</a>]

01:06:25   predicted the Xbox one does all kinds of TV stuff you know [<a href="https://overcast.fm/+CdTc8-_8/3985">TS</a>]

01:06:29   integrated TV experience with Skype are relying on the side of your television [<a href="https://overcast.fm/+CdTc8-_8/3989">TS</a>]

01:06:33   and [<a href="https://overcast.fm/+CdTc8-_8/3993">TS</a>]

01:06:34   being able to have an electronic program guide and also those things and that's [<a href="https://overcast.fm/+CdTc8-_8/3994">TS</a>]

01:06:38   what they're like this whatever this was press conference and that's what they're [<a href="https://overcast.fm/+CdTc8-_8/3998">TS</a>]

01:06:41   promoting they said we'll tell you more about the games at e3 which is the [<a href="https://overcast.fm/+CdTc8-_8/4001">TS</a>]

01:06:44   gaming focus conference today we're gonna tell you about all these great TV [<a href="https://overcast.fm/+CdTc8-_8/4004">TS</a>]

01:06:48   features and they did and I mean if you look at the thing that looks like an [<a href="https://overcast.fm/+CdTc8-_8/4008">TS</a>]

01:06:52   HDTV like it's a big rectangular square looking thing it does not look like a [<a href="https://overcast.fm/+CdTc8-_8/4012">TS</a>]

01:06:58   dedicated gaming system because it really is and it's a game console it [<a href="https://overcast.fm/+CdTc8-_8/4018">TS</a>]

01:07:02   also does a whole bunch of other things as well I'm kind of happy that the US [<a href="https://overcast.fm/+CdTc8-_8/4022">TS</a>]

01:07:07   now phase of console gaming is over I'm hoping is over where everyone had to [<a href="https://overcast.fm/+CdTc8-_8/4027">TS</a>]

01:07:12   make their console shaped like some weird thing because boxes you can stack [<a href="https://overcast.fm/+CdTc8-_8/4032">TS</a>]

01:07:16   on top of each other but everything is shaped like a snail you can find [<a href="https://overcast.fm/+CdTc8-_8/4036">TS</a>]

01:07:19   someplace to wage of things in like it sideways or vertically you can't put 23 [<a href="https://overcast.fm/+CdTc8-_8/4039">TS</a>]

01:07:23   sixties 360 and Playstation 3 and Wii is kind of Starbucks blonde top choice and [<a href="https://overcast.fm/+CdTc8-_8/4043">TS</a>]

01:07:31   hopefully the ps4 is also rectangular shape than me on a fighting chance of [<a href="https://overcast.fm/+CdTc8-_8/4051">TS</a>]

01:07:35   sticking things in our home entertainment centers but for the most [<a href="https://overcast.fm/+CdTc8-_8/4055">TS</a>]

01:07:39   part it's because it's what everyone predicted now it's kind of like a [<a href="https://overcast.fm/+CdTc8-_8/4059">TS</a>]

01:07:43   wait-and-see type thing ok well can you sell millions and millions of these [<a href="https://overcast.fm/+CdTc8-_8/4063">TS</a>]

01:07:46   things because you can and it works as advertised [<a href="https://overcast.fm/+CdTc8-_8/4066">TS</a>]

01:07:50   now you have a special game console and a way to sell stuff to people throughout [<a href="https://overcast.fm/+CdTc8-_8/4070">TS</a>]

01:07:55   the game and that sort of the ball in his court was ok well go you tried to do [<a href="https://overcast.fm/+CdTc8-_8/4075">TS</a>]

01:08:00   Google TV and it's up to know about it so tough luck on that Apple you keep [<a href="https://overcast.fm/+CdTc8-_8/4080">TS</a>]

01:08:04   this is rumors about television stuff and you have Apple TV but so far you [<a href="https://overcast.fm/+CdTc8-_8/4084">TS</a>]

01:08:09   know there's no absolute at [<a href="https://overcast.fm/+CdTc8-_8/4089">TS</a>]

01:08:11   and the things you sell through it are you suffering from the iTunes Store but [<a href="https://overcast.fm/+CdTc8-_8/4091">TS</a>]

01:08:14   natural experts not quite the same thing as it could be you know where you take [<a href="https://overcast.fm/+CdTc8-_8/4094">TS</a>]

01:08:19   an entire television provider program guide and you know being a gateway for [<a href="https://overcast.fm/+CdTc8-_8/4099">TS</a>]

01:08:23   the Xbox juan has HDMI input like that is the if you had to express its [<a href="https://overcast.fm/+CdTc8-_8/4103">TS</a>]

01:08:29   philosophy in terms of one hardware future that's what it would be doesn't [<a href="https://overcast.fm/+CdTc8-_8/4109">TS</a>]

01:08:33   just send a signal to your television where you can see the out but it takes [<a href="https://overcast.fm/+CdTc8-_8/4113">TS</a>]

01:08:35   input wants to be the center of your television watching experience did you [<a href="https://overcast.fm/+CdTc8-_8/4115">TS</a>]

01:08:42   see the supercut that somebody did of the press conference where it was like a [<a href="https://overcast.fm/+CdTc8-_8/4122">TS</a>]

01:08:47   minute and a half long and it was just every time I said the word TV or [<a href="https://overcast.fm/+CdTc8-_8/4127">TS</a>]

01:08:50   television that it was every time they said sports I believe and then was every [<a href="https://overcast.fm/+CdTc8-_8/4130">TS</a>]

01:08:55   time they said call of duty and it lasted like a minute and a half and it [<a href="https://overcast.fm/+CdTc8-_8/4135">TS</a>]

01:08:57   was hysterical I trust trying to watch the actual thing before so the supercut [<a href="https://overcast.fm/+CdTc8-_8/4137">TS</a>]

01:09:03   yeah like if you're a gamer your watch it or tell me about the games right but [<a href="https://overcast.fm/+CdTc8-_8/4143">TS</a>]

01:09:11   you know Microsoft clearly thinks that it's not the gaming part of it is it is [<a href="https://overcast.fm/+CdTc8-_8/4151">TS</a>]

01:09:18   only perhaps equally important to the nine-game parts of it and from boxes [<a href="https://overcast.fm/+CdTc8-_8/4158">TS</a>]

01:09:26   connected TV the Xbox one comes maybe 50% of the way to what I've always [<a href="https://overcast.fm/+CdTc8-_8/4166">TS</a>]

01:09:34   wanted in the box and no no one will ever make any sense economically for [<a href="https://overcast.fm/+CdTc8-_8/4174">TS</a>]

01:09:39   them but it would be great for me as my on everest box where I wanted to take [<a href="https://overcast.fm/+CdTc8-_8/4179">TS</a>]

01:09:43   all the millions of places that entertainment can come to me send them [<a href="https://overcast.fm/+CdTc8-_8/4183">TS</a>]

01:09:48   all into this one box and provide me with a single unified interface to all [<a href="https://overcast.fm/+CdTc8-_8/4188">TS</a>]

01:09:52   those things so I don't have to change fifty different in putting his seven [<a href="https://overcast.fm/+CdTc8-_8/4192">TS</a>]

01:09:56   different modes and deal with all these different services I just want something [<a href="https://overcast.fm/+CdTc8-_8/4196">TS</a>]

01:09:59   to paper over that mess for me actually goes home theater receivers almost do [<a href="https://overcast.fm/+CdTc8-_8/4199">TS</a>]

01:10:04   that they don't paper over they just provide your way to automatically switch [<a href="https://overcast.fm/+CdTc8-_8/4204">TS</a>]

01:10:08   inputs into a guy I wanted to surprise you know a single unified really nice [<a href="https://overcast.fm/+CdTc8-_8/4208">TS</a>]

01:10:12   interface to hide the fact that these are totally destroy service is owned by [<a href="https://overcast.fm/+CdTc8-_8/4212">TS</a>]

01:10:16   competing companies that hate each other [<a href="https://overcast.fm/+CdTc8-_8/4216">TS</a>]

01:10:18   have varying degrees of competence and in creating their hardware and their [<a href="https://overcast.fm/+CdTc8-_8/4218">TS</a>]

01:10:21   software just hide all that for me because like you know you want something [<a href="https://overcast.fm/+CdTc8-_8/4221">TS</a>]

01:10:25   better probably going to be great if you didn't have a different sources for this [<a href="https://overcast.fm/+CdTc8-_8/4225">TS</a>]

01:10:28   crap in the Dena stock like okay well we can't solve that everything all still [<a href="https://overcast.fm/+CdTc8-_8/4228">TS</a>]

01:10:32   sucks and is it busy wires behind me but they all go into this one awesome box [<a href="https://overcast.fm/+CdTc8-_8/4232">TS</a>]

01:10:36   and makes it look beautiful in Google TV try to do that but socked and Xbox one [<a href="https://overcast.fm/+CdTc8-_8/4236">TS</a>]

01:10:41   does happen it like it tries to say okay well you and watch TV 3d TV in fact your [<a href="https://overcast.fm/+CdTc8-_8/4241">TS</a>]

01:10:48   cable box and put it into the Xbox one and just talk to your Xbox one or use [<a href="https://overcast.fm/+CdTc8-_8/4248">TS</a>]

01:10:53   the remote in your phone to Riverview know just what you want to watch it will [<a href="https://overcast.fm/+CdTc8-_8/4253">TS</a>]

01:10:56   switch to it that's good you're trying to unify the world of crap by Hal I have [<a href="https://overcast.fm/+CdTc8-_8/4256">TS</a>]

01:11:00   a cable thing that I have to pay for I pay for FiOS TV and go in the back of [<a href="https://overcast.fm/+CdTc8-_8/4260">TS</a>]

01:11:04   Xbox one and it lets me control watching TV but no DVR functionality in the Xbox [<a href="https://overcast.fm/+CdTc8-_8/4264">TS</a>]

01:11:09   one so if you want something that's not on right now what if I believe you are [<a href="https://overcast.fm/+CdTc8-_8/4269">TS</a>]

01:11:14   watching TV DVR back into playing now you don't really have control the DVR [<a href="https://overcast.fm/+CdTc8-_8/4274">TS</a>]

01:11:20   through Xbox Mon and tonight we have two inputs for life television and the new [<a href="https://overcast.fm/+CdTc8-_8/4280">TS</a>]

01:11:24   record stuff [<a href="https://overcast.fm/+CdTc8-_8/4284">TS</a>]

01:11:25   flex their consuming an application but what are you using different strings [<a href="https://overcast.fm/+CdTc8-_8/4285">TS</a>]

01:11:29   Amazon streaming service what about Hulu Plus like they're not it's not Xbox one [<a href="https://overcast.fm/+CdTc8-_8/4289">TS</a>]

01:11:36   is not I'm never sits a picky eater it will take a couple of select input to [<a href="https://overcast.fm/+CdTc8-_8/4296">TS</a>]

01:11:40   unify them a particular way but I can't imagine anyone who's in the market for [<a href="https://overcast.fm/+CdTc8-_8/4300">TS</a>]

01:11:44   an expired one specially gonna buy them lunch who is not still going to be [<a href="https://overcast.fm/+CdTc8-_8/4304">TS</a>]

01:11:47   switching inputs to get things done they want to get done so it's a step in the [<a href="https://overcast.fm/+CdTc8-_8/4307">TS</a>]

01:11:51   right direction but the lack of time shifting in particular makes it a [<a href="https://overcast.fm/+CdTc8-_8/4311">TS</a>]

01:11:56   non-starter for me like it's not going to unify my life [<a href="https://overcast.fm/+CdTc8-_8/4316">TS</a>]

01:11:59   the thing that struck me about what you just said is that when you're describing [<a href="https://overcast.fm/+CdTc8-_8/4319">TS</a>]

01:12:04   this on numerous box that consumes all these different services for a flash I [<a href="https://overcast.fm/+CdTc8-_8/4324">TS</a>]

01:12:09   felt like you were describing the Apple TV and I know I'm oversimplifying and I [<a href="https://overcast.fm/+CdTc8-_8/4329">TS</a>]

01:12:13   know Apple TV doesn't consume traditional terrestrial TV and it [<a href="https://overcast.fm/+CdTc8-_8/4333">TS</a>]

01:12:18   doesn't can see in a dozen play games or arbitrary absent you may want to do but [<a href="https://overcast.fm/+CdTc8-_8/4338">TS</a>]

01:12:22   to a large degree I almost feel like the Apple TV is trying to do exactly that if [<a href="https://overcast.fm/+CdTc8-_8/4342">TS</a>]

01:12:27   you look at the fact that it has Netflix and Hulu Plus it has MLB TV if I'm not [<a href="https://overcast.fm/+CdTc8-_8/4347">TS</a>]

01:12:31   mistaken [<a href="https://overcast.fm/+CdTc8-_8/4351">TS</a>]

01:12:32   as NHL TV it has all these different things and it's one interface that you [<a href="https://overcast.fm/+CdTc8-_8/4352">TS</a>]

01:12:38   know that that will expose off them in and a quarter of the stuff because I [<a href="https://overcast.fm/+CdTc8-_8/4358">TS</a>]

01:12:43   call ya my television that i watch comes through my stupid bundled Cape Coral [<a href="https://overcast.fm/+CdTc8-_8/4363">TS</a>]

01:12:49   Gables even those files a subscription I pay for like all these premium channels [<a href="https://overcast.fm/+CdTc8-_8/4369">TS</a>]

01:12:54   a paper HBO pay for Showtime and all that stuff and you know they have him [<a href="https://overcast.fm/+CdTc8-_8/4374">TS</a>]

01:12:59   put a video input it is merely an internet plan that's what i'm talking [<a href="https://overcast.fm/+CdTc8-_8/4379">TS</a>]

01:13:02   bout like well the real solution is not to have all the programming spread all [<a href="https://overcast.fm/+CdTc8-_8/4382">TS</a>]

01:13:06   over the place and have these stupid cable TV cartel bundling deals that just [<a href="https://overcast.fm/+CdTc8-_8/4386">TS</a>]

01:13:11   force you to have all these channels like yes that is the real solution the [<a href="https://overcast.fm/+CdTc8-_8/4391">TS</a>]

01:13:14   resolution is to get rid of all these huge entrenched interest with you know [<a href="https://overcast.fm/+CdTc8-_8/4394">TS</a>]

01:13:18   infrastructure contracts but like it's not happening it's hard to get rid of [<a href="https://overcast.fm/+CdTc8-_8/4398">TS</a>]

01:13:22   them so in the interim while we're waiting for the world to realign it [<a href="https://overcast.fm/+CdTc8-_8/4402">TS</a>]

01:13:26   would be nice if someone to make something that could would just tackled [<a href="https://overcast.fm/+CdTc8-_8/4406">TS</a>]

01:13:32   the incredibly hard problem taking all these things and unifying them and [<a href="https://overcast.fm/+CdTc8-_8/4412">TS</a>]

01:13:36   providing a better experience you know I maybe maybe that's never gonna happen [<a href="https://overcast.fm/+CdTc8-_8/4416">TS</a>]

01:13:40   maybe maybe the Apple TV is the only possible play it's like it's not on the [<a href="https://overcast.fm/+CdTc8-_8/4420">TS</a>]

01:13:44   internet you deal with yourself tonight will try to bring it through an Xbox one [<a href="https://overcast.fm/+CdTc8-_8/4424">TS</a>]

01:13:48   is like okay well we'll we'll have our under that services are going to tell [<a href="https://overcast.fm/+CdTc8-_8/4428">TS</a>]

01:13:51   you and will resell you know Netflix and every 30 but I don't think they have a [<a href="https://overcast.fm/+CdTc8-_8/4431">TS</a>]

01:13:54   deal Hulu I don't think they have a deal with Amazon and they'll take in your [<a href="https://overcast.fm/+CdTc8-_8/4434">TS</a>]

01:13:59   cable boxes output but I don't think they have any control of your DVR and [<a href="https://overcast.fm/+CdTc8-_8/4439">TS</a>]

01:14:03   I'm not sure how the integrated you have a DVR with your cable system and it's [<a href="https://overcast.fm/+CdTc8-_8/4443">TS</a>]

01:14:06   it's just one more complication [<a href="https://overcast.fm/+CdTc8-_8/4446">TS</a>]

01:14:09   you know it's not it's not a simplification of anyone's life I don't [<a href="https://overcast.fm/+CdTc8-_8/4449">TS</a>]

01:14:13   think especially with all these gestures and voice controls so you're saying is [<a href="https://overcast.fm/+CdTc8-_8/4453">TS</a>]

01:14:20   you want a company to take something that's extraordinarily complex make it [<a href="https://overcast.fm/+CdTc8-_8/4460">TS</a>]

01:14:28   really really simple and make it pretty do we know any companies that may be [<a href="https://overcast.fm/+CdTc8-_8/4468">TS</a>]

01:14:32   interested in [<a href="https://overcast.fm/+CdTc8-_8/4472">TS</a>]

01:14:33   back in 2005 r6 unlike boy you know Apple in a TiVo is really falling down [<a href="https://overcast.fm/+CdTc8-_8/4473">TS</a>]

01:14:40   I would love it if you would make something like this but then Steve Jobs [<a href="https://overcast.fm/+CdTc8-_8/4480">TS</a>]

01:14:43   going to the All Things D conference and I think it was 2008 or something and [<a href="https://overcast.fm/+CdTc8-_8/4483">TS</a>]

01:14:46   someone in the audience asked a similar question and he said flat out we're not [<a href="https://overcast.fm/+CdTc8-_8/4486">TS</a>]

01:14:50   gonna make that thing because the business model makes no sense and I [<a href="https://overcast.fm/+CdTc8-_8/4490">TS</a>]

01:14:54   agree with him his reasoning was virtually sound like this the reason [<a href="https://overcast.fm/+CdTc8-_8/4494">TS</a>]

01:14:57   this thing doesn't exist one super hard and too because like you can't usne ray [<a href="https://overcast.fm/+CdTc8-_8/4497">TS</a>]

01:15:05   can't be done with all these cable companies are not going to give you [<a href="https://overcast.fm/+CdTc8-_8/4505">TS</a>]

01:15:08   their programming and and the cable companies by the programming and his big [<a href="https://overcast.fm/+CdTc8-_8/4508">TS</a>]

01:15:12   bundles that you can't afford to match the price of if you're going to sell [<a href="https://overcast.fm/+CdTc8-_8/4512">TS</a>]

01:15:15   this thing to people I guess it's just can't be done in terms of the the money [<a href="https://overcast.fm/+CdTc8-_8/4515">TS</a>]

01:15:20   so it's like well why would we ever make that we would lose money on it and it [<a href="https://overcast.fm/+CdTc8-_8/4520">TS</a>]

01:15:23   would be really hard to to make work right and we would be basically trying [<a href="https://overcast.fm/+CdTc8-_8/4523">TS</a>]

01:15:27   to usurp the value from companies hate us and have the ability to screw us by [<a href="https://overcast.fm/+CdTc8-_8/4527">TS</a>]

01:15:31   changing how they do things you know that's why the box doesn't exist right [<a href="https://overcast.fm/+CdTc8-_8/4531">TS</a>]

01:15:35   that's why TV is a big mess that's why we're all hoping for something better [<a href="https://overcast.fm/+CdTc8-_8/4535">TS</a>]

01:15:39   and so this Xbox thing is I move in that direction but I don't buy the [<a href="https://overcast.fm/+CdTc8-_8/4539">TS</a>]

01:15:46   simplification they were trying to sell them like that's the real reason bizzle [<a href="https://overcast.fm/+CdTc8-_8/4546">TS</a>]

01:15:50   won an Xbox 1 I'm assuming this because in some meeting when the talking about [<a href="https://overcast.fm/+CdTc8-_8/4550">TS</a>]

01:15:54   the name in like well what a crazy guys but [<a href="https://overcast.fm/+CdTc8-_8/4554">TS</a>]

01:15:58   box one ever said what do you mean the first Xbox people called it now just [<a href="https://overcast.fm/+CdTc8-_8/4558">TS</a>]

01:16:01   listen one box that would unify your entire television experience right [<a href="https://overcast.fm/+CdTc8-_8/4561">TS</a>]

01:16:06   video conferencing browse the internet and Netflix play games watch live TV one [<a href="https://overcast.fm/+CdTc8-_8/4566">TS</a>]

01:16:11   box does everything that's where I assume the one is coming [<a href="https://overcast.fm/+CdTc8-_8/4571">TS</a>]

01:16:14   finish watching the press conference thing that I something to lean on that [<a href="https://overcast.fm/+CdTc8-_8/4574">TS</a>]

01:16:19   and it falls short of fulfilling a dream it is not one box stores and you will [<a href="https://overcast.fm/+CdTc8-_8/4579">TS</a>]

01:16:23   still be changing input just because the world of content you watching television [<a href="https://overcast.fm/+CdTc8-_8/4583">TS</a>]

01:16:29   too so byzantine that it's almost impossible for one box to do everything [<a href="https://overcast.fm/+CdTc8-_8/4589">TS</a>]

01:16:33   for you [<a href="https://overcast.fm/+CdTc8-_8/4593">TS</a>]

01:16:34   yeah I guess the point I'm driving out is even though it doesn't make business [<a href="https://overcast.fm/+CdTc8-_8/4594">TS</a>]

01:16:39   sense to potentially get an antagonistic relationship with content owners it [<a href="https://overcast.fm/+CdTc8-_8/4599">TS</a>]

01:16:44   doesn't make business sense to try to conquer all these disparate systems [<a href="https://overcast.fm/+CdTc8-_8/4604">TS</a>]

01:16:47   on the other hand it's a company like Apple that is used to selling what most [<a href="https://overcast.fm/+CdTc8-_8/4607">TS</a>]

01:16:52   would consider expensive products and if you if Apple said to you John for a [<a href="https://overcast.fm/+CdTc8-_8/4612">TS</a>]

01:16:58   thousand bucks or 1500 bucks we will make all those devices the TiVo in in [<a href="https://overcast.fm/+CdTc8-_8/4618">TS</a>]

01:17:04   the Netflix and all that they will all be consumed by this one box and by the [<a href="https://overcast.fm/+CdTc8-_8/4624">TS</a>]

01:17:08   way you can run apps on it so no you may not be able to play Halo on it but [<a href="https://overcast.fm/+CdTc8-_8/4628">TS</a>]

01:17:12   you'll be able to play you know real racing on it would would you pony up [<a href="https://overcast.fm/+CdTc8-_8/4632">TS</a>]

01:17:16   $1,000 $1,500 for that and i know im over simple question I mean I don't [<a href="https://overcast.fm/+CdTc8-_8/4636">TS</a>]

01:17:21   think Apple could actually do like everything about what happens really [<a href="https://overcast.fm/+CdTc8-_8/4641">TS</a>]

01:17:25   good at Apple's really good at editing what's possible deleting options [<a href="https://overcast.fm/+CdTc8-_8/4645">TS</a>]

01:17:31   saying no to things to make something that's overall grade but limited in some [<a href="https://overcast.fm/+CdTc8-_8/4651">TS</a>]

01:17:38   way and those limits make it great or unable to be great in other ways with [<a href="https://overcast.fm/+CdTc8-_8/4658">TS</a>]

01:17:44   the TV business the TV industry whatever you know whatever this is if you say no [<a href="https://overcast.fm/+CdTc8-_8/4664">TS</a>]

01:17:49   to anything you're out you know your irrelevant and and so imagine you know [<a href="https://overcast.fm/+CdTc8-_8/4669">TS</a>]

01:17:54   if you have a cable company to launch without supporting a spin like they're [<a href="https://overcast.fm/+CdTc8-_8/4674">TS</a>]

01:17:59   just like there's nothing that there's no way to succeed right and so like [<a href="https://overcast.fm/+CdTc8-_8/4679">TS</a>]

01:18:03   people aren't used to not having everything with TV most people have [<a href="https://overcast.fm/+CdTc8-_8/4683">TS</a>]

01:18:10   cable TV and they have a billion channels and if they want anything else [<a href="https://overcast.fm/+CdTc8-_8/4690">TS</a>]

01:18:15   to it they just plug it in and that's fine if Apple were to come together and [<a href="https://overcast.fm/+CdTc8-_8/4695">TS</a>]

01:18:19   say here's a box that does eighty percent of that no one's gonna behind it [<a href="https://overcast.fm/+CdTc8-_8/4699">TS</a>]

01:18:25   or people already will buy it but only people who were you know who want just [<a href="https://overcast.fm/+CdTc8-_8/4705">TS</a>]

01:18:30   happened that's that's what they already sell its Apple TV that's the play of [<a href="https://overcast.fm/+CdTc8-_8/4710">TS</a>]

01:18:34   your Apple as you want to shift you want to shift people away you want to shift [<a href="https://overcast.fm/+CdTc8-_8/4714">TS</a>]

01:18:37   their value away from these cable packages like cable cable companies have [<a href="https://overcast.fm/+CdTc8-_8/4717">TS</a>]

01:18:41   nots not so much monopolies black duopoly is maybe one or two choices for [<a href="https://overcast.fm/+CdTc8-_8/4721">TS</a>]

01:18:45   companies and have all this money and infrastructure and they're hard to [<a href="https://overcast.fm/+CdTc8-_8/4725">TS</a>]

01:18:48   displace but if you can [<a href="https://overcast.fm/+CdTc8-_8/4728">TS</a>]

01:18:50   their worst nightmare is to become dumb pipes for Internet connections and [<a href="https://overcast.fm/+CdTc8-_8/4730">TS</a>]

01:18:53   that's what Apple wants to companies like 12 shift the value away from those [<a href="https://overcast.fm/+CdTc8-_8/4733">TS</a>]

01:18:57   premiums [<a href="https://overcast.fm/+CdTc8-_8/4737">TS</a>]

01:18:58   and towards content that's available over the internet because the internet [<a href="https://overcast.fm/+CdTc8-_8/4738">TS</a>]

01:19:02   you know it's free for everybody or whatever it's not tied up with these [<a href="https://overcast.fm/+CdTc8-_8/4742">TS</a>]

01:19:06   dunno so if we can just get like a house of cards Netflix person if we could have [<a href="https://overcast.fm/+CdTc8-_8/4746">TS</a>]

01:19:11   Netflix in our box then we've got house of cards not popular content right and [<a href="https://overcast.fm/+CdTc8-_8/4751">TS</a>]

01:19:15   HBO that's you know they can get HBO Go and finally we can airplane to our [<a href="https://overcast.fm/+CdTc8-_8/4755">TS</a>]

01:19:19   television but still you need a cable subscription to get in like they're [<a href="https://overcast.fm/+CdTc8-_8/4759">TS</a>]

01:19:23   trying to pull the value out of the hands of the cable companies into the [<a href="https://overcast.fm/+CdTc8-_8/4763">TS</a>]

01:19:27   realm that they control rather than trying to say okay well we accept the [<a href="https://overcast.fm/+CdTc8-_8/4767">TS</a>]

01:19:31   fact that right now cable companies have this valuable content and you have to [<a href="https://overcast.fm/+CdTc8-_8/4771">TS</a>]

01:19:34   deal with watching one thing one place one thing either so let's try to make a [<a href="https://overcast.fm/+CdTc8-_8/4774">TS</a>]

01:19:37   box in front of a market that's not the Apple philosophy philosophy is not just [<a href="https://overcast.fm/+CdTc8-_8/4777">TS</a>]

01:19:41   a big mess and we will try to hide that from you it's we're gonna new world that [<a href="https://overcast.fm/+CdTc8-_8/4781">TS</a>]

01:19:46   isn't a mess and we're just gonna go there and it will be up there headed you [<a href="https://overcast.fm/+CdTc8-_8/4786">TS</a>]

01:19:51   and not a lot of people follow us but hopefully we'll be able to slowly drawn [<a href="https://overcast.fm/+CdTc8-_8/4791">TS</a>]

01:19:55   the value out of that ecosystem and then one day care becomes a wake up and [<a href="https://overcast.fm/+CdTc8-_8/4795">TS</a>]

01:19:59   realize hey wait a second if if we don't have a house of cards over the popular [<a href="https://overcast.fm/+CdTc8-_8/4799">TS</a>]

01:20:04   Netflix thing is we're screwed and people don't want to buy cable package [<a href="https://overcast.fm/+CdTc8-_8/4804">TS</a>]

01:20:08   because I say hey what about the popular show that I go but that's only available [<a href="https://overcast.fm/+CdTc8-_8/4808">TS</a>]

01:20:12   for some internet TV thing I like it's a battle between same thing with a cap on [<a href="https://overcast.fm/+CdTc8-_8/4812">TS</a>]

01:20:16   the phone carriers like every month every month the carriers who suck at [<a href="https://overcast.fm/+CdTc8-_8/4816">TS</a>]

01:20:20   everything to be dumb pipes acceptable carriers themselves right so cell [<a href="https://overcast.fm/+CdTc8-_8/4820">TS</a>]

01:20:25   carriers cable companies none of them want to be like utilities were you just [<a href="https://overcast.fm/+CdTc8-_8/4825">TS</a>]

01:20:30   so we just bring you the Internet over a pipe and every other company entire [<a href="https://overcast.fm/+CdTc8-_8/4830">TS</a>]

01:20:33   world this please just be a company that brings a fascination over dumb pipe and [<a href="https://overcast.fm/+CdTc8-_8/4833">TS</a>]

01:20:36   let everyone else competes content with absent channels and stuff like that so [<a href="https://overcast.fm/+CdTc8-_8/4836">TS</a>]

01:20:41   in this tragedy transition stage we just all suffer and I don't know who's going [<a href="https://overcast.fm/+CdTc8-_8/4841">TS</a>]

01:20:46   to win that battle but I really hope it's not the carriers and cable [<a href="https://overcast.fm/+CdTc8-_8/4846">TS</a>]

01:20:48   companies gunbattle a spokesman for a second one conversation I'd love to have [<a href="https://overcast.fm/+CdTc8-_8/4848">TS</a>]

01:20:54   is is just the timing of this and and kinda generational aspects of this will [<a href="https://overcast.fm/+CdTc8-_8/4854">TS</a>]

01:20:59   give you look the the Xbox 360 came out in 2005 and if you think about what kind [<a href="https://overcast.fm/+CdTc8-_8/4859">TS</a>]

01:21:07   of world this was in 2005 you know think about [<a href="https://overcast.fm/+CdTc8-_8/4867">TS</a>]

01:21:11   as I don't put it like that was before tumblr started so it seems like you know [<a href="https://overcast.fm/+CdTc8-_8/4871">TS</a>]

01:21:17   it's been around for a while but the Xbox 360 has been around longer and that [<a href="https://overcast.fm/+CdTc8-_8/4877">TS</a>]

01:21:23   would be for the iPhone came out that was before the entire smartphone [<a href="https://overcast.fm/+CdTc8-_8/4883">TS</a>]

01:21:27   revolution like smartphones existed but only rich businesspeople had them [<a href="https://overcast.fm/+CdTc8-_8/4887">TS</a>]

01:21:31   because they're really expensive and they sucked so that was so long ago that [<a href="https://overcast.fm/+CdTc8-_8/4891">TS</a>]

01:21:36   the system was envisioned this is before Netflix streaming existed before almost [<a href="https://overcast.fm/+CdTc8-_8/4896">TS</a>]

01:21:43   any streaming service for video existed I think certainly before May people used [<a href="https://overcast.fm/+CdTc8-_8/4903">TS</a>]

01:21:47   them and it was before all these massive changes in how we entertain ourselves [<a href="https://overcast.fm/+CdTc8-_8/4907">TS</a>]

01:21:55   how we get our video content how and where we watch videos and play games and [<a href="https://overcast.fm/+CdTc8-_8/4915">TS</a>]

01:22:00   that's what we've been using all this time and when you know what will be [<a href="https://overcast.fm/+CdTc8-_8/4920">TS</a>]

01:22:03   using [<a href="https://overcast.fm/+CdTc8-_8/4923">TS</a>]

01:22:04   that's that's that's the game console type that's what that whole game comes [<a href="https://overcast.fm/+CdTc8-_8/4924">TS</a>]

01:22:07   have been designed for a long time and Microsoft has been pretty good about [<a href="https://overcast.fm/+CdTc8-_8/4927">TS</a>]

01:22:13   jumping on stuff with the Xbox they did they need to jump on quickly and well [<a href="https://overcast.fm/+CdTc8-_8/4933">TS</a>]

01:22:19   like Xbox Live was the first good online place service for video game consoles [<a href="https://overcast.fm/+CdTc8-_8/4939">TS</a>]

01:22:24   and might still be the only good one I don't know I don't know if the place is [<a href="https://overcast.fm/+CdTc8-_8/4944">TS</a>]

01:22:29   one of the better but certainly Xbox Live is really good and people loved it [<a href="https://overcast.fm/+CdTc8-_8/4949">TS</a>]

01:22:33   and people use it all the time and so and then you know once once you get [<a href="https://overcast.fm/+CdTc8-_8/4953">TS</a>]

01:22:38   netflix on devices streaming the Xbox was on that and they they had that very [<a href="https://overcast.fm/+CdTc8-_8/4958">TS</a>]

01:22:44   early on and it is very very common anything about you know how people are [<a href="https://overcast.fm/+CdTc8-_8/4964">TS</a>]

01:22:49   are entertained themselves now how many people are are getting these things [<a href="https://overcast.fm/+CdTc8-_8/4969">TS</a>]

01:22:53   using the 360 as a Netflix streaming device is an extremely inefficient use [<a href="https://overcast.fm/+CdTc8-_8/4973">TS</a>]

01:23:00   of the hardware and you know said they were hearing the big fans and strong god [<a href="https://overcast.fm/+CdTc8-_8/4980">TS</a>]

01:23:05   knows how many water slowly burning itself out secrets the red ring of death [<a href="https://overcast.fm/+CdTc8-_8/4985">TS</a>]

01:23:09   michael has to replace that are you sue them all these this this whole mess of [<a href="https://overcast.fm/+CdTc8-_8/4989">TS</a>]

01:23:13   of using something of that power level to do something relatively simple like [<a href="https://overcast.fm/+CdTc8-_8/4993">TS</a>]

01:23:18   what Netflix's the people sitting there for hours a night doing that and so [<a href="https://overcast.fm/+CdTc8-_8/4998">TS</a>]

01:23:23   obviously like [<a href="https://overcast.fm/+CdTc8-_8/5003">TS</a>]

01:23:24   the previous type of console was designed in a way that doesn't really [<a href="https://overcast.fm/+CdTc8-_8/5004">TS</a>]

01:23:28   match with how people do things in this day and age and this has been a very [<a href="https://overcast.fm/+CdTc8-_8/5008">TS</a>]

01:23:33   long console generation so it seems like you know nintendo's with the Wii U [<a href="https://overcast.fm/+CdTc8-_8/5013">TS</a>]

01:23:40   attempted to modernize it a little bit and just didn't really go far enough or [<a href="https://overcast.fm/+CdTc8-_8/5020">TS</a>]

01:23:45   just didn't do it well enough for a compelling enough package I think sony [<a href="https://overcast.fm/+CdTc8-_8/5025">TS</a>]

01:23:50   has done pretty well with the ps3 and it looks like the ps4 is really interesting [<a href="https://overcast.fm/+CdTc8-_8/5030">TS</a>]

01:23:56   but we don't have a good execute yet I would say Microsoft looks like they're [<a href="https://overcast.fm/+CdTc8-_8/5036">TS</a>]

01:24:00   in the best position to take the next eight years and actually have this [<a href="https://overcast.fm/+CdTc8-_8/5040">TS</a>]

01:24:06   console be strong be relevant be well-liked be well thought I would say [<a href="https://overcast.fm/+CdTc8-_8/5046">TS</a>]

01:24:11   looking at these three day we don't even know that much but the ps4 yet but just [<a href="https://overcast.fm/+CdTc8-_8/5051">TS</a>]

01:24:15   looking at like like for instance there is there is great hardware analysis [<a href="https://overcast.fm/+CdTc8-_8/5055">TS</a>]

01:24:20   today on on Anandtech international as well about the Xbox one announcement and [<a href="https://overcast.fm/+CdTc8-_8/5060">TS</a>]

01:24:28   then what it means in there compared to ps4 announced hardware and it looks like [<a href="https://overcast.fm/+CdTc8-_8/5068">TS</a>]

01:24:32   in general the Xbox one will have a less GPU power but will then also almost [<a href="https://overcast.fm/+CdTc8-_8/5072">TS</a>]

01:24:40   definitely runway cooler and quieter as a result the thing about that the power [<a href="https://overcast.fm/+CdTc8-_8/5080">TS</a>]

01:24:46   you suggest that the Xbox one is meant to be turned on all the time exactly [<a href="https://overcast.fm/+CdTc8-_8/5086">TS</a>]

01:24:53   right and so they wanted to have lower sort of idle power whereas the ps4 is [<a href="https://overcast.fm/+CdTc8-_8/5093">TS</a>]

01:24:58   still for the most part of pure gaming console and ps4 has a super low power [<a href="https://overcast.fm/+CdTc8-_8/5098">TS</a>]

01:25:03   mode where it looks like it's basically off kind of like power nap on a Mac but [<a href="https://overcast.fm/+CdTc8-_8/5103">TS</a>]

01:25:06   it still does not like download updates in the background stock so the ps4 usage [<a href="https://overcast.fm/+CdTc8-_8/5106">TS</a>]

01:25:10   pattern as you go to use a u-turn on you do stuff you're trying to quote unquote [<a href="https://overcast.fm/+CdTc8-_8/5110">TS</a>]

01:25:14   off and it's not really off but it's like basically completely dead silent no [<a href="https://overcast.fm/+CdTc8-_8/5114">TS</a>]

01:25:18   fans anything like that and that's it sort of mode to be like you know the [<a href="https://overcast.fm/+CdTc8-_8/5118">TS</a>]

01:25:22   overall power usage I think for UPS Store will be lower because you have it [<a href="https://overcast.fm/+CdTc8-_8/5122">TS</a>]

01:25:25   in that take off most of the time whereas the Xbox one is procedures be on [<a href="https://overcast.fm/+CdTc8-_8/5125">TS</a>]

01:25:30   all the time like [<a href="https://overcast.fm/+CdTc8-_8/5130">TS</a>]

01:25:32   non-union time the television is on that thing is on because you're watching your [<a href="https://overcast.fm/+CdTc8-_8/5132">TS</a>]

01:25:35   television through it so it can't be like the ps4 where it's in some super [<a href="https://overcast.fm/+CdTc8-_8/5135">TS</a>]

01:25:40   duper low-power modes always gotta be on and some state in both of these things [<a href="https://overcast.fm/+CdTc8-_8/5140">TS</a>]

01:25:43   as the Anandtech article said you are made with modern system on a chip set up [<a href="https://overcast.fm/+CdTc8-_8/5143">TS</a>]

01:25:47   our getting the GPU is about to turn off execution units in cars that are not [<a href="https://overcast.fm/+CdTc8-_8/5147">TS</a>]

01:25:51   running so they should all have much better kind of not idle power but no [<a href="https://overcast.fm/+CdTc8-_8/5151">TS</a>]

01:25:55   power when they're not being asked to play the Xbox one had that had has kind [<a href="https://overcast.fm/+CdTc8-_8/5155">TS</a>]

01:25:59   of like mid-level thing where it has this stripped-down OS 44 lower power [<a href="https://overcast.fm/+CdTc8-_8/5159">TS</a>]

01:26:04   stuff like watching streaming video and and I think that's that's kind of an [<a href="https://overcast.fm/+CdTc8-_8/5164">TS</a>]

01:26:09   acknowledgement that the way people use these things really often these days is [<a href="https://overcast.fm/+CdTc8-_8/5169">TS</a>]

01:26:14   not for playing games for hours and turning it off and that's it it's like [<a href="https://overcast.fm/+CdTc8-_8/5174">TS</a>]

01:26:18   maybe playing game for little bit but then every night watching an hour of [<a href="https://overcast.fm/+CdTc8-_8/5178">TS</a>]

01:26:22   Netflix like that and use case now that I feel like it's really really smart for [<a href="https://overcast.fm/+CdTc8-_8/5182">TS</a>]

01:26:28   Microsoft to be optimizing for that and Sony is like Sony's backer mode seems [<a href="https://overcast.fm/+CdTc8-_8/5188">TS</a>]

01:26:32   like it's more for downloading game content it was like that's the thing is [<a href="https://overcast.fm/+CdTc8-_8/5192">TS</a>]

01:26:36   basically off at that point the chips at work where is the Xbox on the whole [<a href="https://overcast.fm/+CdTc8-_8/5196">TS</a>]

01:26:41   system on a chip is powered up in the things on its running it's running the [<a href="https://overcast.fm/+CdTc8-_8/5201">TS</a>]

01:26:44   20 S plus the hypervisor and everything all the time and at the game OSU not [<a href="https://overcast.fm/+CdTc8-_8/5204">TS</a>]

01:26:48   playing game to game us not doing anything interesting there but it's all [<a href="https://overcast.fm/+CdTc8-_8/5208">TS</a>]

01:26:51   you know everything is powered up and running [<a href="https://overcast.fm/+CdTc8-_8/5211">TS</a>]

01:26:54   you're just relying on the fact that you can shut down like six of the eight [<a href="https://overcast.fm/+CdTc8-_8/5214">TS</a>]

01:26:57   chorus of that currently being used and if you're not doing anything with the [<a href="https://overcast.fm/+CdTc8-_8/5217">TS</a>]

01:27:00   GPU most of that is an idle state as well so you're getting here [<a href="https://overcast.fm/+CdTc8-_8/5220">TS</a>]

01:27:03   your power down but it's not the same as the ps4 [<a href="https://overcast.fm/+CdTc8-_8/5223">TS</a>]

01:27:06   hillary Adams billion armchair presenting some of the little wimpy chip [<a href="https://overcast.fm/+CdTc8-_8/5226">TS</a>]

01:27:10   on the motherboard that runs and does the little background something i think [<a href="https://overcast.fm/+CdTc8-_8/5230">TS</a>]

01:27:13   is basically off I don't know how I feel like you know time will tell but I feel [<a href="https://overcast.fm/+CdTc8-_8/5233">TS</a>]

01:27:20   like history will look back on the Xbox one's desires being smarter than the ps4 [<a href="https://overcast.fm/+CdTc8-_8/5240">TS</a>]

01:27:25   is designed for people actually use these things as like someone said on [<a href="https://overcast.fm/+CdTc8-_8/5245">TS</a>]

01:27:29   Twitter today or maybe not a chronicle it basically depends on whether you [<a href="https://overcast.fm/+CdTc8-_8/5249">TS</a>]

01:27:32   think the the console for high-performance the market [<a href="https://overcast.fm/+CdTc8-_8/5252">TS</a>]

01:27:37   high-performance game consoles has peaked or not because it would be [<a href="https://overcast.fm/+CdTc8-_8/5257">TS</a>]

01:27:39   granted smart move not to make one [<a href="https://overcast.fm/+CdTc8-_8/5259">TS</a>]

01:27:41   that is like super duper powerful but instead start going off in a new [<a href="https://overcast.fm/+CdTc8-_8/5261">TS</a>]

01:27:45   direction which is to steve hasn't peed the ps4 is a better game consoles for [<a href="https://overcast.fm/+CdTc8-_8/5265">TS</a>]

01:27:49   you hear about our games right and that's the bed Microsoft is making that [<a href="https://overcast.fm/+CdTc8-_8/5269">TS</a>]

01:27:53   games are not enough anymore that having a super duper awesome game console is [<a href="https://overcast.fm/+CdTc8-_8/5273">TS</a>]

01:27:58   not a sufficiently compelling product and you need to have something else and [<a href="https://overcast.fm/+CdTc8-_8/5278">TS</a>]

01:28:02   by having something else people will more than forgive the slight slower game [<a href="https://overcast.fm/+CdTc8-_8/5282">TS</a>]

01:28:07   performance because of all this other stuff I think that definitely remains to [<a href="https://overcast.fm/+CdTc8-_8/5287">TS</a>]

01:28:11   be seen because I think both of these devices because the xpac one is not as [<a href="https://overcast.fm/+CdTc8-_8/5291">TS</a>]

01:28:15   simplifying and a unifying as Microsoft thinks it is I think it will still [<a href="https://overcast.fm/+CdTc8-_8/5295">TS</a>]

01:28:20   appeal mostly to not just hardcore gamers be kind of like did you type [<a href="https://overcast.fm/+CdTc8-_8/5300">TS</a>]

01:28:24   people like I when I would give my parents and Apple TV but I would not [<a href="https://overcast.fm/+CdTc8-_8/5304">TS</a>]

01:28:27   give them an Xbox console I think both of these things are going to end up [<a href="https://overcast.fm/+CdTc8-_8/5307">TS</a>]

01:28:31   targeting game console type of nerds and early adopters and in that race between [<a href="https://overcast.fm/+CdTc8-_8/5311">TS</a>]

01:28:39   them I think it seems like a fog machine exactly like this console generation did [<a href="https://overcast.fm/+CdTc8-_8/5319">TS</a>]

01:28:45   the Microsoft gonna win and they're going to sell more but that Sony will do [<a href="https://overcast.fm/+CdTc8-_8/5325">TS</a>]

01:28:49   pretty well and I don't think the television's great stuff will save [<a href="https://overcast.fm/+CdTc8-_8/5329">TS</a>]

01:28:52   Microsoft and give them sort of a runaway success and just bury the [<a href="https://overcast.fm/+CdTc8-_8/5332">TS</a>]

01:28:56   peaceful we all just agree that US crude [<a href="https://overcast.fm/+CdTc8-_8/5336">TS</a>]

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