Ilya Rekhter: Proposed tax on Bitcoin mining is bad business
The power consumption for this process is no joke, which is why the proposed 30% tax will effectively force all American-based companies overseas.
The power consumption for this process is no joke, which is why the proposed 30% tax will effectively force all American-based companies overseas.
If an idea is truly great, someone has likely thought of it before but might have hit a roadblock or moved on to something else. The real opportunity lies in overcoming those initial obstacles and finding product-market fit.
My last startup, DoubleMap, was bootstrapped, meaning that we raised zero dollars from inception to our eventual sale to Ford. So venture capital isn’t the only path to a successful outcome.
What can Indiana do to compete and win on an international level?
The truth is that I never seriously considered accepting the offer. It took me several years (and many Lyft rides) to understand why: I’m an entrepreneur.