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Spanos commits!
I think the details of the Rams / Chargers agreement should be made public - a lot of public money hinges on whether or not San Diegans really have to pay as much towards the stadium as the latest proposal from the Task Team allocated. Any chance that the Rams / Chargers agreement will be made public before a likely San Diego vote? Are there any legal requirements that the Rams / Chargers make that information public before asking for so much public money (I certainly think there are ethical reasons they should make the information public before asking for so much public money but that's just my opinion) ?— January 30, 2016 6:30 p.m.
Waves too small at Silicon Beach?
I think that like many problems with financial and/or business scams if the potential reward of potential upside is much greater than the risk of potential downside then these types of things tend to go on. I think in your above example in real life there would probably be just enough of a grain of truth in the company's claim of a cure for leukemia to make the case hard to prosecute. A few company founders probably get their butts chewed out by any investors who got screwed - but they're willing to deal with that if they're making millions of dollars for a few years' work.— January 30, 2016 4:34 p.m.
Waves too small at Silicon Beach?
I don't think startups - on average - pay much to employees, even after taking into account potential big returns. The culture and atmosphere in startups is exciting compared to the big-company politics and beuaracracy of a big company. But frankly I think in most cases an engineer / scientist / programmer gets paid significantly more for working significantly fewer hours at a big company than a startup. Software Enineer and Blogger Michael Church has an interesting take on this, which personally I agree with. https://michaelochurch.wordpress.com/2012/07/08/d…— January 30, 2016 4:28 p.m.
Waves too small at Silicon Beach?
Thanks danfogel. That makes sense. What is the single LA company - Space X?— January 30, 2016 12:48 p.m.
Spanos commits!
Haha. John Moores lived up to his promises and put a competitive Padres team on the field after Petco Park was built, didn't he? Oh, wait...— January 30, 2016 4:45 a.m.
Waves too small at Silicon Beach?
This article has San Diego 2012 VC at 1.41B, LA 2012 at 1.45B. So if both our figures are correct, then LA VC went up a ton from 2012 to 2015. But I'm not sure if I'm comparing apples / apples. http://www.theatlantic.com/technology/archive/201…— January 29, 2016 7:28 p.m.
Spanos commits!
You guys see the movie "Hoosiers"? I know Don's not the biggest movie buff so let me give a quick reprisal of a key scene. Gene Hackman stars as a basketball coach of a team from a really small high school in rural Indiana who - against all odds - makes it to the state finals to be played in a huge arena. The players walk into the huge arena and are immediately intimidated and awe-struck by it's size and fanciness. In order to allay their fears, Hackman instructs one of the players to get on a ladder and measure the height of the rim "10 feet, coach" (I may be mangling the lines a bit here but you get the idea). Similarly, he has the kid measure the distance from the free throw line to the basket "15 feet coach". Hackman's point is the court at the fancy arena is the same as the court at the small rural high school. And that's all that really matters. Similarly, I wonder why an NFL team NEEDS anything beyond a field 100 yards by 160 feet on a well-maintained surface. If the goal posts are damaged, or the field is in bad condition then by all means it should be fixed. But to demand that the stadium has to be brand new in order to be up to NFL standards is ridiculous.— January 29, 2016 7:16 p.m.
How about the San Antonio Chargers?
Architect Dan Meis (apparently he has a lot of expertise in stadium construction) says that QCOM Stadium can be restored to a level suitable for Super Bowls for $500M. http://www.insidesocal.com/nfl/2016/01/28/world-r… From an interview on XTRA 1360: " Judson: Dan, hypothetically speaking, if I cut you a check for $500 million…could you make the Q something the NFL would say ‘okay, we would host a Super Bowl here?’ Meis: “No doubt, no doubt. It could definitely be done.” "— January 28, 2016 8:35 p.m.
Waves too small at Silicon Beach?
Is San Diego still "America's Finest City"?— January 28, 2016 8:31 p.m.
Waves too small at Silicon Beach?
Qualcomm is by far the leader in the San Diego semiconductor industry. But the semiconductor industry is mature and the rapid advancement of semiconductors known as "Moore's Law" is coming to an end. There are very few startups in semiconductors anymore. UCSD (with backing from QCOM and a few other companies) is starting a big robotics initiative. Maybe robotics will be the new high-tech industry for San Diego?— January 27, 2016 8:45 p.m.