1,097 karma · joined March 28, 2014
I'm not speaking from personal experience, this is what friends are doing at their startups
But I am not surprised at all, because the building blocks of major applications are all out there as boilerplate code - heck half the time AWS has the example you need for you, assuming you know what you want to stitch together and why
If you know the major AWS tool chains and how and why to use them and how to design a product in microservices, then theoretically Claude has no idea what the whole shebang is up to but happily writes all the parts
Capital raising is best done when markets are favorable, and Alphabet has the ability to choose how and when to raise.
Recall the froth of follow-on offerings hot circa 2000
Great is the not-sucking.
If it is great, then it does not suck. If it sucks, then it is not great. To be great is not merely to be good, it is to actually not suck. Then you are great, in the most minimal, barely clawed yourself over the line way.
You build something, well enough that it can handle the traffic, and people come, and it does.
Welcome to the gaming industry
Costco pledges (I have no idea if its true) that they offer goods at cost, no markup, and their profits (net income ? this is where it gets fuzzy) are simply the membership fees. In fact, I think there's a lawsuit from a Costco purchaser to get back some tariffs if Costco gets refunded tariffs.
So the idea is premium groceries (and homegoods, and tires, and pharma, etc) with zero retail markup.
Its a compelling idea, and it works because it actually seems to work. What you write is "priced well comparatively" is (according to the legend) the wholesale pricing at the quantities offered (again, I'm not sure about spoilage and some of the other details)
Firstly, there's a ton (TONs) of water left at the end of the burn, unless things have changed a lot in the past 20 years, nobody is running out of water. I'm guessing a few people have snacks left over.
Some people are getting pissy and hiking out, and the rest are going to party on until the road is rebuilt, helping one another the whole time, and some will be dancing their butts off.
I remember being with a group that had a van breakdown on the way into the playa, and the only sensible thing to do was tow it into the playa to get help from mechanic friends who would help fix the van on the playa.
https://polymarket.com/event/will-jesus-christ-return-before...
Comparing open source social to algorithmically based social is never going to work, that's like saying the Light Phone isn't as popular as the iPhone, so its a failure.
The question is, does it work for you ? If over time open social gets a toehold then it will be an option people know about and can choose.
There's plenty of legal avenues for the next administration to outright shut these firms down
Unless Iran bought some CM-302 missiles from China, the mere threat of which appears to mean that China and Iran now control the oil in the gulf.
But ELI5 me maybe I don't understand realpolitik
I find a company that actually built a solid product, dangit this is really good. They appear to have executed well, but they failed, or went nowhere, heck the app is still out there. Maybe they are even chugging along but its a smaller business even with a better product than I would have been able to build. Had I been a founder of the product, I would be questioning staying.
Then I also find sometimes I was doing it all wrong and the world has moved past my notions of products. I think there's a market opportunity because I don't realize that the rest of the world is already cool using a $15 plant hygrometer bluetooth device which can also keep track of your medicine or food in your cooler, my notion of the value of something is skewed by western costs
Let me give you the counterpoint that is increasingly hard to ignore :
You can reach the same users on search and social that the Superbowl will give you and if you can convert them more efficiently, where should your $10m go ?
The newfangled wisdom is that customers are at least as effective branding as the Superbowl
The power of math is its understanding of you, not your understanding of it.