A Quote by Kim Dotcom
The Internet is all about accessing entertainment. Realistically, 50 to 80 percent of all traffic is people downloading stuff for free. If you can turn that huge market share into something that you can monetize, even if it is just with ads, you will end up making more money than with all other revenue streams combined.
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Economists often talk about the 80/20 Principle, which is the idea that in any situation roughly 80 percent of the “work” will be done by 20 percent of the participants. In most societies, 20 percent of criminals commit 80 percent of crimes. Twenty percent of motorists cause 80 percent of all accidents. Twenty percent of beer drinkers drink 80 percent of all beer. When it comes to epidemics, though, this disproportionality becomes even more extreme: a tiny percentage of people do the majority of the work.
I went to college during the Kazaa/Napster era, and we had free Internet, which was a huge deal. People were just downloading all of everything.
More than 80% of our revenue comes from people viewing ads on mobile devices. Inside Twitter, we talk and think mobile first.
In seven to ten years video traffic on the Internet will exceed data and voice traffic combined.
Sponsored stories are not a great way to monetize mobile traffic. The phone is way more of a publishing tool than a reading tool. The attention users pay to the streams on mobile is far less than on the desktop.
I'd say it's that most people think that very wealthy people take huge risks and that's why they have huge rewards. But the very best on earth are completely obsessed with not losing money. That sounds overly simplistic, but they know that if you lost 50 percent, it takes 100 percent to get even. Most people don't make that math in their head, so it takes years and years. They are obsessed with not losing money.
I kind of dread any kind of critical response, just because it's always painful in some way. Even if it's 80 percent good, it's the 20 percent that's bad that you remember - and that's a higher number than I usually get, 80 percent would be amazing.
The war on drugs causes other supplemental crimes to take place because of the original illegality of it. But then again, that's the other reason that they're fighting it is the corporate prisons they have now. Because they've privatized all our prisons, corporations have to make money, and the only way they can make money is, I believe, the prisons have to be at least 80-90 percent full. That's why the United States - which is home of the brave, land of the free - we have more people in prison than any other country in the world.
There's a huge interest in the Chinese market, and Hollywood has a huge interest in the Chinese market with films like 'Transformers' making more money over there than here.
I've heard people say putting is 50 percent technique and 50 percent mental. I really believe it is 50 percent technique and 90 percent positive thinking, see, but that adds up to 140 percent, which is why nobody is 100 percent sure how to putt.
Moving forward, the most successful people in the entertainment industry will be 50 percent social and 50 percent traditional, so working with Disney and being super traditional, it brought a whole different audience to me.
A lot of rappers say 'I'm talking about stuff that goes on, what I grew up in, that I know about.' And these journalists say, 'Yeah, but you're making 80 million dollars, that stuff's not about you.' Look how long he's been making 80 million. He grew up poor in an urban city and the things he's experienced and knows.
A lot of young producers will stay at home and make beats all day but making beats is only about 20 percent of the job. The other 80 percent is networking; that's what I feel like a lot of people are lacking.
I do think that even with entertainment and telling stories, people in the entertainment industry have such a beautiful position in the world to speak about things that they're passionate about in a way that can grab people more than just sitting and telling someone about something, because you can show it visually.
When people are desperate or wealthy, they turn to socialism; only when they have no other alternative do they embrace the free market. After all, lies about guaranteed security are far more seductive than lectures about personal responsibility.
Pre-history tells us that our species used to be a hunter-gatherer society. This means that the job of raising a family was split 50-50 between the men and the women - the man's 50 percent share was to sit in the woods with a sharp stick, waiting for something to hunt to wander by, and the woman's 50 percent was to do everything else.
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