No slow gear for young tech tycoons

first_img“Otherwise,” he asked rhetorically, “what have I learned?” During his PayPal days, Levchin was so committed to seeing the company succeed that he often sacked out at the office in a sleeping bag he kept under his desk. Considering that he described his apartment during some of this time as “scary,” that had a certain logic. Cardboard boxes served as his living room furniture; a discarded computer desk was his dining room table. These days, despite the phenomenal success of PayPal, which gave him the bulk of a fortune worth around $100 million, Levchin continues to work an average of 15 to 18 hours a day. “We occasionally go out to eat, he sleeps a few hours, he works out,” Minkova said. “But other than that, Max works.” Minkova half-joked that she might appreciate her occasional evenings out with Levchin more, if only he were not on his BlackBerry, answering e-mail messages and checking his Web site. One friend, Dennis Fong, who sold a company to MTV Networks last year for $102 million (and is already at work on a new startup), talks about the “weird growling sound” that Levchin tends to make when someone even mentions the name of his chief rival, RockYou. And so committed is Levchin to seeing Slide.com succeed that he keeps a blood-pressure monitor on his desk. “I don’t know what I would do if I couldn’t start companies,” he said. “I’d probably think about slitting my wrists.” 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGame Center: Chargers at Kansas City Chiefs, Sunday, 10 a.m.Levchin, who is now 32, is typical of a new generation of junior titans in Silicon Valley who might be called the prematurely rich – techies worth tens of millions of dollars, sometimes more, at an age when many others are just starting to figure out what to do with their lives. The Internet, a low-overhead medium with a global reach, has greatly accelerated the wealth creation phenomenon, producing a larger breed of multimillionaires even younger and richer than in the past. They are happy to be wealthy, of course, but many of these baby-faced technology tycoons often seem indifferent to the buying power of their money, at least at this stage of their lives. Instead, nearly all of them have chosen to throw themselves back into a startup, not so much because they want a spectacular new home or a personal jet – though many of them do – but because they are in a competition with themselves and one another. “For most of us, doing it again means surpassing what we’ve done previously,” said Peter A. Thiel, Levchin’s partner at PayPal, who also has started a new business, a hedge fund called Clarium Capital. “And that can be a really high bar.” Even among this jittery group of overachievers, Levchin stands out. In part that is because outdoing PayPal may be an all-but-impossible goal. Levchin acknowledges that he has already earned more money than he could ever spend. But he said he would not consider Slide.com, the photo and video sharing site he founded in 2005 that is still in its startup phase, a success unless it is ultimately worth, in real dollars, “at least $1.54 billion” – the price eBay paid for PayPal. SAN FRANCISCO – Max Levchin is not easily distracted from his work. A few years ago, Levchin, one of the young princes of Silicon Valley, bought his first home, a 12-room Edwardian high atop a hill here, for $3.4 million. But Levchin, who made a fortune at age 27 selling PayPal, the online payment service he helped start in 1998, never moved in. He sold it two years later without having slept there for even one night. Since then, Levchin has moved into his second home, a more expensive one found for him by Nellie Minkova, his girlfriend of eight years who has become his fiancee. But so consumed is he by work on his second company, an Internet startup focused on sharing photos and videos, that the cartons that contain what Levchin described as “85 percent of my worldly possessions” are still stacked in his living room, five months after moving day. last_img read more

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MAJOR OVERCROWDING LEADS TO CRISIS AT LETTERKENNY GENERAL HOSPITAL

first_imgLetterkenny General Hospital was at crisis point last night with a major overcrowding of both hospital beds and the A&E department.Letterkenny General Hospital – major overcrowding this evening.Hospital management are assessing the situation in a bid to quell the overcrowding.The NowDoc service has been told only to refer very needy cases to the hospital. The general manager of the hospital Sean Murphy is now on site examining the situation.The Medical Assessment Unit has now also been opened up to general patients in a bid to cope with the large volume of patients.A source at the hospital said the situation is at crisis point but staff and management are trying their best to cope.“It is pretty bad and there are now discussions taking place to decide to place extra patients on beds in the corridors. “There is no one reason for it but rather an overall build-up of patients and the presentation of new patients in the past couple of days.“It is pretty hectic up here but staff are trying their best to cope,” said the hospital source. MAJOR OVERCROWDING LEADS TO CRISIS AT LETTERKENNY GENERAL HOSPITAL was last modified: January 5th, 2015 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window) Tags:Accident and EmergencydonegalLetterkenny General HospitalSean Murphylast_img read more

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Red Bluff Junior Round-Up holds rodeo

first_imgRed Bluff >> Competitors from all over made their way Saturday and Sunday to the Tehama District Fairground where the annual Red Bluff Junior Round-Up Rodeo was held. All Around for the rodeo was awarded as follows: Senior Boys Wyatt Brown of Red Bluff; Senior Girls Kodi Myers; Junior Boys Hunter Hughes; Junior Girls Shelby Dunning; All Around Cowboy Jasper Frost and All Around Cowgirl Elthia Gomes.Results for the rodeo were as follows:Senior Boys Saddle Bronc, Bareback had no …last_img read more

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Ohio agriculture accused of “poisoning our lake”

first_imgShare Facebook Twitter Google + LinkedIn Pinterest There was quite a stir this week in Toledo with news regarding the Lucas County commissioners’ sponsorship of a website identifying “hotspots” in the Western Lake Erie Basin watershed for nutrient loading. The Western Lake Erie Basin Nutrient Sources Inventory is described as a “mapping tool that identifies causes of impairment and potential pollutant sources that need to be controlled to achieve desired nutrient load reductions.”The tool reshuffled existing data and offered a new platform for old arguments about the role of agriculture in the Lake Erie’s water quality woes. From a related story on Toledo’s 13abc.com this week:This summer was the third largest algal bloom outbreak in the history of Lake Erie.It was so bad, algae backed up into the Maumee River in downtown Toledo.The city and Lucas County are spending hundreds of millions of dollars fixing sewer and storm water runoff that dumps into the lake.But now there’s hard evidence farms need to do more.Monday, maps of the lower Maumee watershed pinpointed where nutrient runoff is concentrated–it’s primarily in farms south and west of Toledo.Those areas indicate higher amounts of polluting phosphorous coming from those farmland areas.Lucas County commissioner Pete Gerken implores farmers, “Don’t defend the status quo that is poisoning our lake.”So the call is for farmers to dramatically cutback on fertilizer.And the data-based maps could prove farmers they need to do more.Commissioner Tina Skeldon-Wozniak says, “We have to begin to make progress and we believe this tool shows the areas where that can get done.”Unfortunately, most of those within Toledo’s city limits are not familiar with the complexities or the realities of agricultural nutrient management. Improved nutrient management has been taking place for decades as part of a necessary, proactive and ongoing effort to improve agricultural production efficiency, economics and water quality.“The data in the report isn’t new or news,” said Brandon Kern, Senior Director for Strategic Partnerships & Policy Outreach for the Ohio Farm Bureau Federation. “Farmers know they have a role in cleaning up the Lake. Their practical efforts, not political positioning, will get the job done.”At yesterday’s 2017 Ohio Grain Farmers Symposium, researchers outlined the extreme complexity involved with agricultural nutrient management while also pointing out some of the practical efforts being implemented on farms, including tillage reduction to reduce soil erosion.“The biggest thing that comes up over and over is controlling erosion risk. If you can keep your soil in the field, you reduce that particulate-bound phosphorus in the runoff and that is the biggest risk driver for most fields,” said Elizabeth Dayton, a soil scientist with Ohio State University at the Ohio Grain Farmers Symposium in Columbus. “And most everyone agrees that if you are banding or injecting you are getting good soil contact with your fertilizer and not increasing your erosion. The challenge is always the time, the talent and the funding to make that happen.”USDA Agricultural Research Service agricultural engineer Kevin King agrees on the importance of getting nutrients under the soil surface as a part of the 4Rs. He also spoke at yesterday’s 2017 Ohio Grain Farmers Symposium.“There are no silver bullets with this, but first and foremost is the 4Rs. We first have to identify the source of fertilizer we have and we need to be soil testing and adhering to those soil tests. We need to use the Tri-State recommendations and we need to be putting that fertilizer on as close to when the plant needs it as possible — no winter or fall applications. Then if you can get it below the surface, that is the ideal situation. We have got to get it in contact with the soil and get those nutrients down in that top inch or two,” King said. “We need to be talking about water management as well. We know that the largest amount of nutrients are transferred in those rainfall events that are an inch or two or greater. How do we store more of that water in our landscape? We’ve got means to do that. Drainage water management — this idea of artificially raising the outlet elevations of tile drainage — can go a long way in doing that. We can also raise the organic content of our soils through reduced tillage or no-till. For every percent of organic matter we can store an additional three-quarters of an inch of water. There is a new concept of using more retention/detention basins on the property to store water and maybe use that for irrigation at a later date. Being able to address some of the hydrology can keep water from going downstream.”Accounting for the available phosphorus for the crop is also increasingly important, King said.“Issues like legacy phosphorus are still unknown right now. Since the 1970s a lot of phosphorus went into the watersheds and we have enormous amounts in reserve out there in some fields. We need to be more aware of that,” King said. “We need to do soil tests and be aware of what is out there but we also need to make sure we move our mentality from a ‘build and maintain’ type approach to a ‘feed the crop’ mentality. Only put on what the crop needs or maybe a little less than the crop needs and understand that you have that legacy reserve out there. We need a better understanding of how much of that legacy phosphorus is transferred in any given year and is available to the plant.”And, while the farm community is actively taking these and other steps to address water quality issues, there are no quick solutions to Lake Erie’s broad-based algal bloom problems, no matter what county commissioners, news reporters or a new tool using old data have to say about it.last_img read more

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Alaska coach Alex Compton dismisses rumors: ‘Last time I checked I was still coaching the game’

first_img‘We are too hospitable,’ says Sotto amid SEA Games woes Photo by Tristan Tamayo/INQUIRER.netMANILA, Philippines—Alaska head coach Alex Compton dismissed a report that he will no longer be the Aces’ mentor in the 2019 PBA season.Compton called the shots for Alaska in its 85-72 loss to Rain or Shine Sunday in the Aces’ season opener.ADVERTISEMENT His absence in the Aces’ tune-up games were, what he said, got the rumor mill going that he’s been let go.There’s also the issue of the five finals losses he absorbed since 2014 that were the early fuel for the false accusations.“I was gone for two weeks and we had a tune-up game and I wasn’t there and no coaches just leave in the preseason,” said Compton. “So it’s natural that a rumor would start.”“The first person to tell me to go home was Fred and he told me ‘you take care of your family. Family first.’”ADVERTISEMENT Chris Banchero says being shorthanded not an excuse for Aces in loss to ROS Sports Related Videospowered by AdSparcRead Next View comments ‘We are too hospitable,’ says Sotto amid SEA Games woes MOST READ Oil plant explodes in Pampanga town PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krausscenter_img PDEA chief backs Robredo in revealing ‘discoveries’ on drug war SEA Games hosting troubles anger Duterte US judge bars Trump’s health insurance rule for immigrants Private companies step in to help SEA Games hosting “Last time I checked I was still coaching the game,” said Compton Sunday at Mall of Asia Arena.Compton added that if he would be fired the first person to tell him would be Alaska team owner Fred Uytengsu and that he’d receive the information in person and not through anything else.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSUrgent reply from Philippine ‍football chiefSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption charges“That’s Fred, he’s awesome to work for,” said Compton, who’s been to several finals with the Aces. “He will sit me down and tell me when it’s time and, when it is and if it happens, then great.”Compton feels that the rumors began to float around during the preseason when he had to fly back to Wisconsin to take care of a personal matter. Grace Poe files bill to protect govt teachers from malicious accusations Don’t miss out on the latest news and information. LATEST STORIESlast_img read more

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Seth Curry drops season high, leads Trail Blazers past Bulls

first_imgView comments Colombia protesters vow new strike after talks hit snag Wintry storm delivers US travel woes before Thanksgiving Still shaken by Nurkic’s gruesome leg injury two nights earlier in a double-overtime victory over Brooklyn that secured their sixth straight playoff appearance, the Blazers made it look easy against a short-handed team.Curry made four 3-pointers, Rodney Hood added 15 points, and Enes Kanter and Zach Collins each had 13. Portland won its fifth in a row even though Damian Lillard scored a season-low 11.FEATURED STORIESSPORTSPrivate companies step in to help SEA Games hostingSPORTSPalace wants Cayetano’s PHISGOC Foundation probed over corruption chargesSPORTSSingapore latest to raise issue on SEA Games food, logisticsSeeing Nurkic gave them just the lift they needed, even if there were some audio issues.“It was cool,” Curry said. “It was a little awkward. Unfortunately, we couldn’t hear. The volume wasn’t working so we couldn’t hear what he was saying. But it was good to let him know we were thinking about him before we headed out there. That pregame huddle was a good moment for everybody.” Chicago’s Shaquille Harrison set career highs with 21 points and 10 rebounds. Robin Lopez had 15 points and nine rebounds. But with mostly reserves in the lineup, the Bulls lost for the eighth time in 10 games.Chicago announced afterward forward Lauri Markkanen will miss the remainder of the season after experiencing a rapid heart rate and fatigue.Markkanen remained overnight in Toronto after exiting Tuesday night’s loss to the Raptors. He was evaluated in the training room by the Bulls’ medical staff and Toronto’s team physician and underwent more tests at a hospital. He also was examined Wednesday in Chicago and will miss the remaining six games.Markkanen joins a long list of unavailable Bulls players. Wendell Carter Jr., Chandler Hutchison and Denzel Valentine all had season-ending injuries.Leading scorer Zach LaVine (bruised right thigh, right knee tendinitis), Otto Porter Jr. (strained right rotator cuff) and Kris Dunn (back) were unavailable Wednesday.ADVERTISEMENT LATEST STORIES PH underwater hockey team aims to make waves in SEA Games PLAY LIST 02:42PH underwater hockey team aims to make waves in SEA Games01:44Philippines marks anniversary of massacre with calls for justice01:19Fire erupts in Barangay Tatalon in Quezon City01:07Trump talks impeachment while meeting NCAA athletes02:49World-class track facilities installed at NCC for SEA Games02:11Trump awards medals to Jon Voight, Alison Krauss Kevin Durant near perfect from field as Warriors break tie with Nuggets, regain West no. 1 “(It’s) very tough, because you got some of our core guys that’s out right now,” Harrison said. “But it’s the NBA. And the next guy is the reason why these guys are on a roster, the reason why I’m on a roster. Because when your time is called, it’s time to step up. And you can’t really complain about much and keep it forward and try to get some wins.”EARLY LEADThird in the Western Conference behind Golden State and Denver, the Trail Blazers led 27-14 after the first quarter. They went on a 13-3 run to turn a 12-9 lead into a 25-12 advantage, with Hood capping it with a 16-footer and 3-pointer.It was the lowest-scoring first quarter for the Bulls, and things didn’t get better after that.Curry and Kanter made 3s for Portland in an 8-0 run to start the second quarter, and the Blazers took a 59-41 lead to the locker room.“Obviously, Chicago is undermanned,” coach Terry Stotts said. “That’s a game we should have won and did.”TIP-INSTrail Blazers: The Trail Blazers completed a two-game sweep and have won 13 of the past 16 against Chicago. … Portland held Phoenix to nine points in the first quarter on Dec. 6.Bulls: Coach Jim Boylen said Markkanen was in his office at 2 p.m. and wanted to play against Portland. … The Bulls’ previous low for points in the first quarter was 16 against Orlando on Jan. 2. Their low for any quarter was seven against Houston on Nov. 3.UP NEXT Trump tells impeachment jokes at annual turkey pardon event Google Philippines names new country director MOST READ Bloomberg: US would benefit from more, not fewer, immigrants Don’t miss out on the latest news and information. Trail Blazers: At Atlanta on Friday night.Bulls: Host Toronto on Saturday night.Sports Related Videospowered by AdSparcRead Next Cayetano: Senate, Drilon to be blamed for SEA Games mess Panelo: Duterte ‘angry’ with SEA Games hosting hassles Private companies step in to help SEA Games hosting Portland Trail Blazers guard Seth Curry, right, drives against Chicago Bulls guard Ryan Arcidiacono during the second half of an NBA basketball game Wednesday, March 27, 2019, in Chicago. The Trail Blazers won 118-98. (AP Photo/Nam Y. Huh)CHICAGO — The Portland Trail Blazers got a feel-good moment before the game when they face-timed with Jusuf Nurkic and followed that up with an easy victory. Considering the circumstances, it was definitely not a bad night.Seth Curry scored a season-high 20 points and the Trail Blazers beat the Chicago Bulls 118-98 on Wednesday night.ADVERTISEMENTlast_img read more

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Bangladesh series step towards Asian conquest, says Steve Smith

first_imgAustralia have an opportunity to improve their record in Asia when they meet Bangladesh in a two-Test series starting next Sunday, captain Steve Smith has said but refused to state outright if his side were favourites to win.Australia have won just two of their 22 Tests in Asia in the last 10 years while Bangladesh drew a two-Test series 1-1 against England last year and pose a serious challenge at home with throes of spinners in their side on turning pitches.”I think it is going to be a great series,” Smith told reporters after Australia’s arrival in the Asian country. “Bangladesh are very good here. I am not picking a favourite.”We have to be confident in our skill set and hopefully we can get our processes right and have a really good series.”Earlier this year Smith’s side lost a four-Test series in India 2-1 and the skipper said the two matches against Bangladesh would be an ideal platform to show what they had learned from the defeat.”We’d certainly like to have done a lot better on the subcontinent that’s for sure,” Smith said. “Now it is an opportunity for us to change (our record).”I thought we did some things really well in India. We just needed to do it for little bit longer, and consistently.”This is another opportunity to showcase our skills, show what we learned over there and hopefully give our best foot forward.”Australia surprisingly dropped Steve O’Keefe, 32, from their squad for Bangladesh even after the left-arm spinner impressed during the series in India.advertisementO’Keefe, with 19 wickets, was Australia’s joint highest wicket-taker with Nathan Lyon in India but had to make way for left-arm spinner Ashton Agar. Australia also have uncapped 23-year-old leg-spinner Mitchell Swepson in their squad.”It is unlucky,” Smith said. “He did very well in the first Test match in India and had some contributions throughout in the other three Test matches as well.”Smith said the inclusion of Agar, 23, was aimed at developing him for the 2021 tour of India.”We just see it as a bit of a time to get us someone new into the group,” Smith said.”Ashton has been around the group for a quite a while now, he’s worked on his art and he’s becoming a lot more consistent in what he’s doing. It’d be fantastic to see him get an opportunity.”It’s four years until we next go to India which is always a tough tour for us and one that I particularly as captain want to win (at some stage) throughout my tenure.”It’s an opportunity for Ashton to get some experience in these conditions and hopefully improve, with an eye to the next time we go to India as well.”last_img read more

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