Michael Stumm
@stummm
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Comp. Eng. Prof at University of Toronto; Co-founder of OANDA Corp.
Toronto
Joined April 2008
Spot on.
Underrated reason why businesses fail: The owner hires B players for leadership, and keeps them. How to hire A-players every time. Avoid these 15 red flags: 1. If someone obsesses about their title, they care more for optics than tactics. Titles chasers = clout chasers 2.
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Tragic!
#FactFriday Did you know that Canada has the lowest spending on research and development among the #G7, with no increase in the last 20 years? #Canada is falling behind in research and development and it's time we catch up 🕐
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How to read a paper online: 1: open PDF in browser 2: skim abstract & figures 3: leave tab open for weeks 4: accidentally close tab 5: search for paper again 6: go to step 1
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Fantastic article on how IMAX (invented in Canada) transitioned over time.
hbr.org
Reprint: R1307A Richard Gelfond knew little about the movie business when he and a partner acquired IMAX, back in 1994. At the time, most IMAX movies were nature documentaries, shown in the theaters...
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A portrait downtown Kyiv. A ballerina on used bullet castings. By Jácome & Onipko, Unbroken
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In a company with 100 employees, 10 will produce half the work. This is Price’s Law: 50% of the work is produced by the square root of the total employee base.
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So very true!
Consultants know less than they claim, cost more than they seem to, and prevent companies from developing their own in-house capabilities. When I worked at BCG, for the most part I had no idea wtf I was talking about. https://t.co/Zzwm5KuLlU
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Outstanding piece on the crypto business sector. Spot on IMHO. By Rimer, who is the smartest VC I ever met.
fortune.com
Crypto is an interesting technology that can do some things better–but it won't transform our economy, writes Index Ventures partner Danny Rimer.
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One month of unlimited rides throughout Germany for $9. Tickets sold: 60M = $540M in revenue. Toronto should offer $5 monthly passes. Revenue would go way up.
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Very valid opinions re publishing in computer science.
The toxic culture of rejection in computer science https://t.co/nXY4Ve58uM
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Toronto downtown needs this!
"A jacked-up motorcycle in the middle of the night can easily wake up 10,000 people." More cities in #France install "Méduse" anti-noise radars, which have 4 microphones, camera to automatically ticket vehicles that exceed a certain number of decibels https://t.co/LW5dzkEYt0
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The Mona Lisa is a great lesson on fame. Leonardo da Vinci began his masterpiece in 1503 but few people were talking about it for the next 400 years. Today, it's the most famous painting in the world. How did it happen? A major scandal in 1911. Here's the story🧵
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Can’t buy food at Canada’s largest grocery oligopoly because the banks oligopoly relies on the telecoms oligopoly
True story! Interac is down at Loblaws this morning due to this outage. Bring cash or credit. #topoli
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I fully buy into this!
University curriculums are somewhat misleading here. Students want classes on "entrepreneurship," so universities offer them. But you'd be much better off taking a class in operating systems or cryptography instead. Or almost any other subject you were genuinely interested in.
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UofT at #27 but moving up.
Top Universities for Entrepreneurial Founders - via Pitchbook: https://t.co/qmTAvxmoc3
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COMMENTARY | Facebook Should Stage Regular Outages to Awaken Its Clueless Critics | via @rc_markets
https://t.co/FGxZk9x0Q7
realclearmarkets.com
In his excellent new memoir, An Especially Good View, Peter Osnos writes of how he was viewed as the “Best Dressed” reporter at the Washington Post. This designation proved challenging onc
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It’s time for @uoft to act! Embarrassing that other Canadian universities are showing more leadership…
Breaking: Ottawa hospitals and @Carleton_U drop testing for unvaccinated people. Everyone on campuses will now have to be fully vaccinated #COVID19 #vaccination
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