👓 After selling off his father’s properties, Trump embraced unorthodox strategies to expand his empire | Washington Post

Read After selling off his father’s properties, Trump embraced unorthodox strategies to expand his empire by David Fahrenthold, Jonathan O'Connell (Washington Post)
In 2005, Donald Trump kicked off a decade-long buying and spending spree, vastly expanding his hotel and golf-course empire and cementing his image as a brash impresario. The un­or­tho­dox approach Trump took in making those bold bets — racing through hundreds of millions in cash and drawing loans from the private-wealth office of Deutsche Bank — came when he was on new terrain as a developer.
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👓 Instagram’s Wannabe-Stars Are Driving Luxury Hotels Crazy | The Atlantic

Read Instagram’s Wannabe-Stars Are Driving Luxury Hotels Crazy (The Atlantic)
Hotels are being forced to figure out how to work with a new class of brand-peddling marketers.

Just because you’ve got the desire to be a social media influencer doesn’t mean you don’t need to treat it like a serious business.

Social platforms have such huge scale now, I’m surprised they don’t crack down on bots and fake accounts so that it’s more transparent what kind of true value accounts actually bring to the table. They could even leave them in the system so they can show to investors that they’re getting the traffic and “engagement”, but they’re throwing away a lot of actual value by not disclosing actual accounts and real engagement by real people (aka potential customers). Bots are second class citizens because other than the veneer of value, they’re really not adding much to the conversation other than a weak form of tummeling.

This makes me wonder if anyone in the social networking space is doing research on bots as tummelers?

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👓 This Is How a Newspaper Dies | Politico

Read This Is How a Newspaper Dies by Jack Shafer (POLITICO Magazine)
It’s with a spasm of profits.

This article outlines an intriguing method for plundering the carcass of a dying business to reap as much profit from it as it dies as one can. I suppose that if one is sure a segment is on its way out, one may as well exploit its customers to turn a profit.

I wonder how long it will take for traditional television and cable related businesses to begin using this model as more and more people cut the cord.

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👓 I believe in the IndieWeb. It needs to believe in itself. | Jason McIntosh

Read I believe in the IndieWeb. It needs to believe in itself. by Jason McIntosh (Fogknife)
IndieWeb has forged keys to a better, more democratic web for everyone. They need to get organized before they can start really effecting change.

I love the enthusiasm and excitement here and still share it to a great extent myself. At the same time, however some of the tools are still growing and aren’t quite ready for prime time, particularly for the masses who don’t have the technical expertise yet. As a result, slow continued growth may still be the best course.

On the other hand, I think the area is incredibly ripe for businesses to come in and offer “IndieWeb as a service”. A few more things like micro.blog will certainly help to tip the balance.

Much like the featured photo on the post, while there’s some gorgeous blue sky, there’s still a few clouds, and some of the waters may be difficult to navigate for some without the correct boats. But at the end of the day, this is exactly the kind of paradise world many of us have wanted to live in for a long time!

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👓 Do Things that Don’t Scale by Paul Graham

Read Do Things that Don't Scale by Paul Graham (paulgraham.com)
One of the most common types of advice we give at Y Combinator is to do things that don't scale. A lot of would-be founders believe that startups either take off or don't. You build something, make it available, and if you've made a better mousetrap, people beat a path to your door as promised. Or they don't, in which case the market must not exist. Actually startups take off because the founders make them take off. There may be a handful that just grew by themselves, but usually it takes some sort of push to get them going. A good metaphor would be the cranks that car engines had before they got electric starters. Once the engine was going, it would keep going, but there was a separate and laborious process to get it going.

This is a slightly older post, but still has some generally sound advice for start up companies.

As I read it, I can’t help but think about how the structure and set up of the IndieWeb community is mirrored in a lot of this advice. The fact that everyone is diligently selfdogfooding the ultimate product that we all love and are designing specifically for people gives me great hope that we’re all onto something that has great potential.

I’m curious how we can take the rest of the playbook and put it into action as well. This is certainly something I’ll have to come back and think about more in the near future.

Big portions of the article also skirt around the idea of tummeling without actually using the term. It such a useful concept, I’m surprised that it’s not more commonly known.

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The Bobby Bonilla Retirement Plan: Quit Baseball In 2001, Get Paid Until 2035

Read The Bobby Bonilla Retirement Plan: Quit Baseball In 2001, Get Paid Until 2035 (FiveThirtyEight)
Bobby Bonilla hasn’t played in a professional baseball game since 2001, yet on July 1 of this year, the New York Mets paid him $1.19 million. And they will every July 1 until 2035, as part of a def…

Sep. 30, 2016 at 10:00 AM

Bobby Bonilla hasn’t played in a professional baseball game since 2001, yet on July 1 of this year, the New York Mets paid him $1.19 million. And they will every July 1 until 2035, as part of a deferred contract that the Mets negotiated with Bonilla after the 1999 season. Instead of paying him $5.9 million that year, the Mets would owe Bonilla almost $30 million over the course of the deferred contract. How’d that happen? Watch the video above to find out.

Source: The Bobby Bonilla Retirement Plan: Quit Baseball In 2001, Get Paid Until 2035

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How Uber Used Secret Greyball Tool to Deceive Authorities Worldwide | New York Times

Read How Uber Deceives the Authorities Worldwide (New York Times)
A program uses data Uber collected to evade law enforcement in cities that resist the ride-hailing service, some current and former Uber employees said.

Continue reading “How Uber Used Secret Greyball Tool to Deceive Authorities Worldwide | New York Times”

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5 business books you should read this year | World Economic Forum

Read 5 business books you should read this year (World Economic Forum)
Fortune round-up 5 business books to learn from.

Continue reading “5 business books you should read this year | World Economic Forum”

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