Tagged: Business RSS

  • Kevin Chiu 3:06 pm on August 27, 2009 Permalink | Reply
    Tags: Business, , , marketing   

    The Ice Cream Integral 

    strawberry-ice-cream

    Last year, I bought 16 oz cup of Alpine Strawberry ice cream from a small eatery across the street from Columbia University, and it changed the way I’ve thought of purchasing this type of good ever since.

    As I enjoyed the creamy treat, I realized that I was deriving less and less satisfaction from each additional bite. The effect was so extreme, that as I scooped towards the midpoint of my cup, I found myself annoyed that there was even more ice cream to dig through. And, even though I didn’t want to eat it, I continued eating dutifully to avoid the guilt of wasting food.

    When I finally emptied and disposed of the white styrofoam container, I realized that what I was purchasing wasn’t the ice cream, it was enjoyment derived from the experience of eating the ice cream.

    The nonlinear relationship expressed on the ice cream store menu suddenly made sense. Larger sizes were disproportionately less expensive when compared using an assumption of a set amount of enjoyment per unit volume, which corresponded to the reality that enjoyment extracted from the ice cream as it was consumed fell over time.

    The integral of ice cream enjoyment in reality creates a measured enjoyment that is significantly less than the expected enjoyment estimated using the misguided assumption that there is a direct correlation between enjoyment and volume. Additionally, there are further negative enjoyment effects, such as an expanding waistline, to be taken into consideration.

    Purchases of things that temporarily improve your life at the cost of future well being should be avoided.

       
      • Ming Jack Po 4:48 am on August 29, 2009 Permalink

        you know what you need.. access to better ice cream..

      • Matthias 6:42 am on August 30, 2009 Permalink

        > 16 oz cup
        Well, duh. You Americans have a long way to go ;-)

      • Brad 1:10 pm on November 10, 2009 Permalink

        really enjoyed this post.

    1. Kevin Chiu 2:09 am on July 8, 2009 Permalink | Reply
      Tags: Business, computing, future,   

      My predictions for the future of computing 

      1. Your browser will be your operating system.

      crunchtablet-1

      Check out TechCrunch’s CrunchPad and Google’s Chrome OS announcement.

      2. Everything will be online.

      Imagine all of the online services that are displacing their offline counterparts – Hulu for TV, Pandora and LastFM for radio, EC2 and App Engine for server farms, Google Docs for Microsoft Office — the list goes on.

      Now, once thought to be the last bastion of steep hardware requirements, even hardware-intensive video games are going online in a way that is arguably better than the offline experience.

      Gaikai Technology Demo (JULY 1, 2009) from David Perry on Vimeo.

      Also see a competitor: Onlive

      3. We will accelerate the feedback cycle that will lead to ubiquitous computing.

      Since our primary mode of interaction will be through the web, and nearly all the data we care about will be online, moving between interfaces will be virtually frictionless. And, since our data can always be with us, our environment can adapt to our preferences automatically, further easing everyday online interactions and continuing the cycle.



      (I haven’t read this book yet, but it seems relevant.)

       
      • Jules 9:28 pm on July 9, 2009 Permalink

        Interesting predictions that you are making. I read some articles on Google jumping into the OS system. Some of the points the article below made are:

        1. Apple will most likely be the one affected because of it’s two main drawbacks: fewer apps and costlier hardware. Google’s OS is supposed to offer a platform that runs on more afordable hardware

        2. Windows 7 pricing will likely get more competitive.

        3. Netbooks are probably the best place to start.

        4. Large companies are unlikely first companies and will most likely treat it as an experiment until the OS proves it has enterprise-class management.

        5. Would Googles dominance be any better than Microsoft’s? The idea of a single company controlling the desktop, the application and the data is not without concern.

        Here is the link to the article in case you want to read:

        http://www.pcworld.com/article/168141/google_chrome_os_will_reshape_desktop_landscape.html

        Are you thinking of getting the Google OS? Another thing that will be interesting to see is how they keep up with two OS. The Chrome one and Android.

      • Kevin Chiu 3:29 pm on July 11, 2009 Permalink

        Well, I don’t think the Google OS will be an OS in the traditional sense. I imagine it will be something like the Crunchpad’s software – a single stack dedicated to interacting with the web.

        That said, when it comes out, I will definitely give Google OS a try.

    2. Kevin Chiu 12:31 am on June 4, 2009 Permalink | Reply
      Tags: Business,   

      The 4-Hour Work Week 

      4hww

      I’ve read The 4-Hour Work Week by Tim Ferriss twice now. The second time I read it, I was able to suspend my disbelief more effectively. Every step required to achieve financial success without losing your life to your job is laid out in absolute detail. He leaves no excuses for you to not put yourself on the path to becoming a millionaire vagabond in 6 months or less.

      Be sure to check out the accompanying blog and website for even more life tips and inspiration.

      One of my favorite parts of the blog are the interviews. Here are some of the cooler ones:

      Tim Ferriss and Kevin Rose Discuss Their Top 5 Must-Read Books

      Kevin Rose and Tim Ferriss Discuss Angel Investing and Naming Companies – Tim’s approach for naming his book was a great demonstration of market testing.

       
    3. Kevin Chiu 3:53 am on May 31, 2009 Permalink | Reply
      Tags: Business, ,   

      The Web Startup Product Model 

      productmodel

      I saw this great infographic over at Jude Gomila‘s blog representing one view of a generalized web startup product model.

       
      • Jules 8:11 pm on June 1, 2009 Permalink

        He really did a good job on that. All the organization and colors helped to understand.

        btw, I found out that T-Mobile is going to release 3 phones I’m really looking forward to:

        HTC Touch Pro 2
        HTC Magic
        Sony Ericsson CS8

        I can’t wait for July. Maybe you can post your thoughts on them so we know which one is the one you like the best.

      • Kevin 1:52 pm on June 3, 2009 Permalink

        Hmm, the problem here is that I would only be speculating unless I could get my hands on some of those. Maybe I’ll visit a T-Mobile store sometime.

    4. Kevin Chiu 7:34 pm on January 23, 2009 Permalink | Reply
      Tags: Business, Washington   

      Washington State Incorporation FAIL! 

      washington-secretary-of-state-corporations_-online-registration

      I tried incorporating my company online through the Washington Secretary of State’s website. Everything seemed fine until I landed on the final confirmation screen:

      Our technical staff is also being notified of this problem and will be working to correct it as soon as possible.
      Thank you for your patience and understanding.
      Credit Card was charged.

      Don’t charge my credit card when there’s a problem. Fix it first! >_<

      Oh well, back to iPhone programming. Yay!

      Update: They sent me an apology email and said they’d waive the filing fee for the initial annual report! WIN!

       
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