Iac Quotes

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#11—What if I could only subtract to solve problems? From 2008 to 2009, I began to ask myself, “What if I could only subtract to solve problems?” when advising startups. Instead of answering, “What should we do?” I tried first to hone in on answering, “What should we simplify?” For instance, I always wanted to tighten the conversion fishing net (the percentage of visitors who sign up or buy) before driving a ton of traffic to one of my portfolio companies. One of the first dozen startups I worked with was named Gyminee. It was rebranded Daily Burn, and at the time, they didn’t have enough manpower to do a complete redesign of the site. Adding new elements would’ve been time-consuming, but removing them wasn’t. As a test, we eliminated roughly 70% of the “above the fold” clickable elements on their homepage, focusing on the single most valuable click. Conversions immediately improved 21.1%. That quick-and-dirty test informed later decisions for much more expensive development. The founders, Andy Smith and Stephen Blankenship, made a lot of great decisions, and the company was acquired by IAC in 2010. I’ve since applied this “What if I could only subtract . . . ?” to my life in many areas, and I sometimes rephrase it as “What should I put on my not-to-do list?

IACS?  Incurable And Chronic Stupidity? 

That database of numbers, which was in IAC’s custody, comprising people across all walks of life, including taxi drivers and janitors and washerwomen, was collected using a software developed by Netcore which could also track down data on the caller’s geographical location and other details.

I asked a senior IAC leader, “Who manages your social media sites and bulk texting?” “We have some teams helping us,” he replied, without elaborating. Later, a Congress leader complained bitterly to me that a “foreign hand” was involved.

Several types of biases have been identified in observational studies. Selection bias occurs when the process of selecting exposed and unexposed patients introduces a bias into the study. For example, the time between starting MV and receiving IAC may introduce a type of “survivor treatment selection bias” since patients who received IAC could not have died prior to receiving IACs.

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