18,918 karma · joined December 2, 2010
now consider if that is the entire set of stakeholders
But the thing about private market valuations is that you can't know if investors are right ex ante, so it's helpful to discount.
A $1B valuation sort of just means you now effectively "owe it" to shareholders, and you're now 100% incentivized to deliver that to them in some form, instead of being fully incentivized to deliver on your true vision to your customer.
When done well, private diligence can help uncover blind spots and fund company growth in key areas at the service of that true vision.
When done poorly because of FOMO over AI, robotics, or the latest hype, it can turn into preemptive enshittification.
Eyerolling to anyone with half a brain.
But maybe most people don't have half a brain.
Bad evidence is worse than no evidence.
And you failed to address the specific criticism I made to your point, instead going for an ad hominem / poisoning the well.
In sum, you're out of line, woefully misled, and lacking in logical thinking. Three strikes, you're out.
Not too mention these companies could easily offer one product to enteprises and another to everyone else
Model nerfing is real
Such a simple concept but really remarkable work.
- All decisions get logged to DECISIONS.md, sequentially
- Before writing a decision, read through past decisions to see if any conflicts
- If no conflicts, encode the decision into the CODE.md
- If any conflicts, ask a Tribunal of 3 agents to find a resolution—each of them should be prompted in slightly different ways
I've only done this for one pretty big project but so far it seems to be working well
Thanks for the rec, I'm buying it just so I can explore their world a little bit.
First, do no harm.
Except there is. At the risk of mixing pop references, you're a Sith dealing in absolutes saying "doesn't look like anything to me".
Take the goat out and your life will improve right away!