Book of the Month: Love Yourself like your Life depends on it (hint: it does)

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I read a lot of business / entrepreneurship books, but rarely have I ever come across an idea so simple, yet so transformative.

Love Yourself

You’re thinking: what the hell? Are you high? Did you fall and hit your head? I know, I did too. But take a minute and look past your prejudice. Look past your tendency to put all your wishy-washy feelings into a storage box. Look past your habits of focusing on the tangible, at the cost of yourself.

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What gives Bitcoin (or any currency) its value? An 8-year old story from Xuqa

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Several economists such as Paul Krugman have noted that what gives a currency such as the US dollar its intrinsic value is the backing by a government. 

Underpinning the value of the dollar is a combination of (a) the fact that you can use them to pay your taxes to the U.S. government, and (b) that the Federal Reserve is a potential dollar sink and has promised to buy them back and extinguish them if their real value starts to sink at (much) more than 2%/year

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Why do you keep doing this Facebook?

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Every few days, Facebook keeps locking my ads account with the above error message. I contact them, send ID, and they unlock it. This has happened about a dozen times in the past 4 weeks. It makes me want to pull my hair out *headbang*

A friend who runs an ad agency that I’ve worked with submitted a support ticket to white-list our account. Hasn’t worked yet. It seems like running any kind of dating ads on Facebook is hard these days. 

Anyone else have any bright ideas?

This is why I’ve been quiet the last month

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New start-up! 😀

We took our learnings from FabDates, which arguably was working in parts, and came up with a better way to attack the same problem. What problem? That online dating is way too time-intensive, specifically for guys. Girls need to just post a pretty picture. Guys have to spend hours rating / reaching out / promoting themselves to get attention. This problem has been verified and tested multiple times by creating fake male and female accounts on craigslist, OKCupid and other dating sites. Female profiles typically get 5 – 10 messages per day without any additional user action. Guys are lucky if they get 10 in a year without any additional user action. This trend is generally true even on dating sites that are more than 50% female. (Most are male majority)

So instead of building another dating site, we’re trying a brand new approach. We’ve created a tool that allows you to tap into 264 million singles on Facebook.

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The Economics of eSports

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Vulcun, playing at the LCS S3 World Championships this week. 

There’s been a lot of hype around eSports in the past couple of years, mostly due to the surging viewership numbers around Riot Games’ hit online game League of Legends. I bought into it too, mostly because I love video games. And I’m competitive as hell. So I sniffed around the industry for several months, looking for opportunities to invest in or buy eSports teams.

After 6 months of owning and running a professional eSports team, I thought I’d share this experience to help current and potential new owners/investors looking to get into eSports.

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