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vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

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    Two-way (sending and receiving) short codes:

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    1. Venkatesh Rao‏ @vgr 27 Jan 2020
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      An evolution that would be really good for the gig economy would be the evolution of decent risk-pooling models. The kind described in “portfolios of the poor” but higher ticket price.

      1 reply 1 retweet 19 likes
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    2. Venkatesh Rao‏ @vgr 27 Jan 2020
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      Example, 12 people form a pool of putting $100/mo into club, 1 person gets an $1100 payout per month. Winner drawn from a bag of names OR someone with an emergency gets to jump the queue. Limit 1 per year. Nobody needs to hold funds long-term. Built purely on trust.

      7 replies 3 retweets 8 likes
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    3. This Tweet is unavailable.
    4. Venkatesh Rao‏ @vgr 27 Jan 2020
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      It’s not gambling for upside, it’s insurance against downside

      0 replies 0 retweets 1 like
    5. This Tweet is unavailable.
    6. Venkatesh Rao‏ @vgr 27 Jan 2020
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      The group deliberates and decides whose emergency is most urgent. You’re thinking like an American here: assuming impersonal schemes at scale. These schemes are meant for small, personal scale. We’re talking 12 people who know each other and want to form a mutual safety net.

      0 replies 0 retweets 0 likes
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      Venkatesh Rao‏ @vgr 27 Jan 2020
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      Ok dude bye.

      2:02 PM - 27 Jan 2020
      1 reply 0 retweets 0 likes
        1. Matt‏ @atthatmatt 27 Jan 2020
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          Replying to @vgr

          Matt Retweeted Matt

          https://twitter.com/atthatmatt/status/1221919145177911296?s=19 …

          Matt added,

          Matt @atthatmatt
          Aggravation Quotient (AQ) = IQ / EQ
          Show this thread
          0 replies 0 retweets 1 like
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