Bayes Theorem Part 5: How it can help find the missing Malaysian Airlines jet

Over the last few weeks, I have been writing about and its applications. I just read a post on Nate Silver’s new blog, FiveThirtyEight. I recommend you read the post not only because it is interesting but to understand the breadth of applications of Bayes Rule.

Author: Lloyd Melnick

I am GM of Chumba at VGW, where I lead the Chumba Casino team. Previously, I was Director of StarsPlay, the social gaming vertical for the Stars Group. I was also Sr Dir at Zynga's social casino (including Hit It Rich! slots, Zynga Poker and our mobile games), where I led VIP CRM efforts and arranged licensing deals. I have been a central part of the senior management team (CCO, GM and CGO) at three exits (Merscom/Playdom, Playdom/Disney and Spooky Cool/Zynga) worth over $700 million. View all posts by Lloyd Melnick

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Lloyd Melnick

This is Lloyd Melnick’s personal blog. All views and opinions expressed on this website are mine alone and do not represent those of people, institutions or organizations that I may or may not be associated with in professional or personal capacity.

I am a serial builder of businesses (senior leadership on three exits worth over $700 million), successful in big (Disney, Stars Group/PokerStars, Zynga) and small companies (Merscom, Spooky Cool Labs) with over 20 years experience in the gaming and casino space. Currently, I am the GM of VGW’s Chumba Casino and on the Board of Directors of Murka Games and Luckbox.

MIT Sloan Management Review Blog

Why Some CFOs Make Better M&A Deals

Jim Frazier/theispot.com The Research We conducted a large-scale empirical investigation to answer the following question: Which sources of CFO power enable companies to pay lower acquisition premiums? Our sample included 1,983 acquisition deals that were conducted by 926 U.S. public companies between 1992 and 2019 and recorded in the Securities Data Company […]

Declare ‘Calendar Bankruptcy’ to Move Beyond Meeting-Driven Culture

It’s a ubiquitous complaint in corporate culture: Practically everyone is overwhelmed by meetings. And there are real questions about whether meetings are necessary to get things done, or if they are getting in our way far too often. In a survey of managers across a wide range of industries, researchers Leslie Perlow, Constance Hadley, and […]

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Author: Lloyd Melnick

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