Leveraged Buy Out (more)

The principal–agent problem refers to the conflict in interests and priorities that arises when one person or entity (the "agent") takes actions on behalf of another person or entity (the "principal").[1] The problem worsens when there is a greater discrepancy of interests and information between the principal and agent, as well as when the principal lacks the means to punish the agent.[2] The deviation from the principal's interest by the agent is called "agency costs". https://en.wikipedia.org/wiki/Principal%E2%80%93agent_problem (cf game theory). A big driver of the LBO was the belief that management, being non-shareholders, has this failure.

In professional wrestling, kayfabe (/ˈkeɪfeɪb/) is the portrayal of staged events within the industry as "real" or "true", specifically the portrayal of competition, rivalries, and relationships between participants as being genuine and not staged. The term kayfabe has evolved to also become a code word of sorts for maintaining this "reality" within the direct or indirect presence of the general public.[1] Kayfabe, in the United States, is often seen as the suspension of disbelief that is used to create the non-wrestling aspects of promotions, such as feuds, angles, and gimmicks in a manner similar to other forms of fictional entertainment. https://en.wikipedia.org/wiki/Kayfabe

Live Performance en-actment (Drama, Comedy, Tragedy, etc.). Also: Empty Gesture, as in Security Theater (signalling, ritual, Cargo Cult, illusion of control). https://twitter.com/search?q=from%3Abillseitz%20*theater&src=typed_query&f=live. Also: Bullshit. (more)

term from Semiotics/PostModernism (more)

small-form-factor PC (x86) (more)

scary variation of The Flu, spreading through animals 2020-2024.... (more)

see Avian Flu

Influenza A virus (IAV) is a pathogen that causes the flu in birds and some mammals, including humans.[1] It is an RNA virus whose subtypes have been isolated from wild birds. Occasionally, it is transmitted from wild to domestic birds, and this may cause severe disease, outbreaks, or human influenza pandemics... A filtered and purified influenza A vaccine for humans has been developed and many countries have stockpiled it to allow a quick administration to the population in the event of an avian influenza pandemic. In 2011, researchers reported the discovery of an antibody effective against all types of the influenza A virus... The annually updated, trivalent flu vaccine consists of hemagglutinin (HA) surface glycoprotein components from influenza H3N2, H1N1, and B influenza viruses. https://en.wikipedia.org/wiki/Influenza_A_virus

In virology, influenza A virus subtype H1N1 (A/H1N1) is a subtype of influenza A virus. Major outbreaks of H1N1 strains in humans include the 1918 Spanish flu pandemic, the 1977 Russian flu pandemic and the 2009 swine flu pandemic... Some strains of H1N1 are endemic in humans and cause a small fraction of all influenza-like illness and a small fraction of all seasonal influenza, for instance in 2004–2005.[2] Other strains of H1N1 are endemic in pigs (swine influenza) and in birds (avian influenza). https://en.wikipedia.org/wiki/Influenza_A_virus_subtype_H1N1

People more crazy than the Tea Party. Stasist people. Fascist, authoritarian, Deplorables, alt-right, Tea Party, nazi, MAGA, Revanchist, Trump Voters.... (more)

various meaning/implications (more)

Anton Troynikov: Rewilding the Web. The web is a much duller place now than it was 20 years ago. A large part of the reason is that the early web was much more fragmented. (more)

Can You Know Too Much About Your Organization? How much do you know about the end-to-end operations of your organization? A study I conducted of six project teams tasked with redesigning their organization’s operations. Some team members returned, as intended by senior management, to their prior roles and careers in the organization. Some, however, chose to leave these careers entirely. (more)

Eden Medina: The Cybersyn Revolution. Five lessons from a socialist computing project in Salvador Allende’s Chile. (more)

Jack Dorsey's $21 Million Pledge Boosts Bitcoin and Nostr Development. Twitter co-founder Jack Dorsey pledges $21 million via his #startsmall initiative to OpenSats. This aims to drive Bitcoin and Nostr forward, with the goal of making Bitcoin the native currency of the internet. (more)

Brian Eno, Stafford Beer, and the The Quiet Revolution. It was from Swiss Cottage Library, in 1974, that the intellectually curious Joan Harvey borrowed a book called Brain Of The Firm: The Managerial Cybernetics Of Organization by Stafford Beer. This would prove to be particularly culturally propitious. She was so enamoured by the book that she lent it to her bright son-in-law who she knew would be equally fascinated. He was; his name was Brian Eno. (more)

The SHB Interview: Dr. Bill Thomas, Innovation Officer, Lifespark. Bill Thomas: I started my career path in medicine - I'm a medical doctor. I attended Harvard Medical School, graduated from there and did my residency in family medicine. (more)

umbrella term covering variety of techniques of reducing costs while improving quality: economic incentives for physicians and patients to select less costly forms of care; programs for reviewing the medical necessity of specific services; increased beneficiary cost sharing; controls on inpatient admissions and lengths of stay; the establishment of cost-sharing incentives for outpatient surgery; selective contracting with health care providers; and the intensive management of high-cost health care cases. http://en.wikipedia.org/wiki/Managed_care (more)

when a new user first realizes the value of your product and why they need it, ideally (but rarely?) happens during first visit (onboarding, AARRR, north-star playbook) (more)