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gyomu

5,510 karma · joined December 11, 2023

former startup founder now living the indie life
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gyomu··on Sam Altman got $75M from the University of Michigan for a new VC fund
> Paul Graham said “Sam is extremely good at becoming powerful.”

Are you paraphrasing, or did he say that verbatim? Not attacking your statement, just curious. I always am reminded of this part from a pg essay:

> Sam Altman has it. You could parachute him into an island full of cannibals and come back in 5 years and he'd be the king. If you're Sam Altman, you don't have to be profitable to convey to investors that you'll succeed with or without them. (He wasn't, and he did.) Not everyone has Sam's deal-making ability. I myself don't. But if you don't, you can let the numbers speak for you.

http://www.paulgraham.com/fundraising.html

gyomu··on How Lego builds a new Lego set
Well yeah, you gotta grow the business, as any good visitor of this site knows. You can only sell so many $30 buckets of loosely assorted pieces intended for children.

There's much more money to be made in $200 sets with the popular IP of the day or $500 collector sets for adults.

gyomu··on Factors that act(ed) as drag on the European tech/startup scene
The ranking the article links has the US below the nordic/germanic countries, but above most latin/eastern countries. As a European-American, that squares with my experience.

https://www3.weforum.org/docs/Global_Social_Mobility_Report....

raw data to save others the copy pasting i did into a spreadsheet:

{"Denmark": 85.2, "Finland": 83.6, "Norway": 83.6, "Sweden": 83.5, "Iceland": 82.7, "Netherlands": 82.4, "Switzerland": 82.1, "Austria": 80.1, "Belgium": 80.1, "Luxembourg": 79.8, "Germany": 78.8, "France": 76.7, "Slovenia": 76.4, "Ireland": 75, "Malta": 75, "Czech Republic": 74.7, "UK": 74.4, "Estonia": 73.5, "Portugal": 72, "Lithuania": 70.5, "USA": 70.4, "Spain": 70, "R Cyprus": 69.4, "Poland": 69.1, "Latvia": 69, "Slovakia": 68.5, "Italy": 67.4, "Croatia": 66.7, "Hungary": 65.8, "Bulgaria": 63.8, "Romania": 63.1, "Greece": 59.8 }

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