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May 22, 2014

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We've reached the point where people make more money convincing VCs to invest in their ideas, pump it up to the point of an IPO, and then cashing in when the suckers buy into the initial offering.

Think of all those Facebook execs who became instant millionaires, when the actual value of the company is much less than expected.

But I have to object to this:

"the newer machines are wonderfully efficient"

We had to replace our washer with a Whirlpool Cabrio. Yes, it uses less water, and it also removes less lint and soap. I have a lot of words for it, but efficient is not one of them.

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