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Tech is insanely bloated and much of the cash flows are coming from investments made yonks ago. What firms are going to do now is probe deeper and disinvest in

by 5gff3 1mo ago

Tech is insanely bloated and much of the cash flows are coming from investments made yonks ago. What firms are going to do now is probe deeper and disinvest in crappy projects that - many that most likely generated negative returns upon closer inspection.

alephnerd 1mo ago
> What firms are going to do now is probe deeper and disinvest in crappy projects that most likely generated negative returns We've been doing this since 2022. Most layoffs overlap with Sales, Engineering, and Ops associated with cost centers. Like, there was no reason Uber had 3 internally competing and built chat apps with dozens of engineers allocated as headcount. > much of the cash flows are coming from investments made yonks ago Not necessarily, but you can't train an old dog to do new tricks.
- 5gff3 1mo ago
  "> much of the cash flows are coming from investments made yonks ago" Yes they are. The marginal ROIC for tech firms that are in mature growth is shit. Made shitter by continuing to field many people for no good reason.
  - alephnerd 1mo ago
    What is the timeframe you are using? To me "yonks ago" means 15-20 years ago. And marginal ROIC is just one metric amongst multiple to benchmark against. Also, if you had the Benoit [0] you should use your normal HN account instead of a throwaway created for this topic. [0] - https://m.youtube.com/watch?v=-XWgoJT1xPU https://m.youtube.com/watch?v=-XWgoJT1xPU
    - 5gff3 1mo ago
      [flagged]
      - alephnerd 1mo ago
        > Touched a nerve did I In a way, but mostly because discourse on this platform has gone to shit because no one is restricting throwaways and no one is calling this out. > Imagine thinking 'yonks ago' is 15-20 years in the technology game. Stop editing your posts bro Give a number and the timeframe. I'm open to chatting collaboratively with you because we might be modeling differently with different priors. But I don't like unsubstantiated hot takes being used to launder throwaway accounts - the noise to signal ratio is shit enough on HN in 2026.

by 5gff3 1mo ago

alephnerd 1mo ago

> What firms are going to do now is probe deeper and disinvest in crappy projects that most likely generated negative returns We've been doing this since 2022. Most layoffs overlap with Sales, Engineering, and Ops associated with cost centers. Like, there was no reason Uber had 3 internally competing and built chat apps with dozens of engineers allocated as headcount. > much of the cash flows are coming from investments made yonks ago Not necessarily, but you can't train an old dog to do new tricks.

5gff3 1mo ago
"> much of the cash flows are coming from investments made yonks ago" Yes they are. The marginal ROIC for tech firms that are in mature growth is shit. Made shitter by continuing to field many people for no good reason.
- alephnerd 1mo ago
  What is the timeframe you are using? To me "yonks ago" means 15-20 years ago. And marginal ROIC is just one metric amongst multiple to benchmark against. Also, if you had the Benoit [0] you should use your normal HN account instead of a throwaway created for this topic. [0] - https://m.youtube.com/watch?v=-XWgoJT1xPU https://m.youtube.com/watch?v=-XWgoJT1xPU
  - 5gff3 1mo ago
    [flagged]
    - alephnerd 1mo ago
      > Touched a nerve did I In a way, but mostly because discourse on this platform has gone to shit because no one is restricting throwaways and no one is calling this out. > Imagine thinking 'yonks ago' is 15-20 years in the technology game. Stop editing your posts bro Give a number and the timeframe. I'm open to chatting collaboratively with you because we might be modeling differently with different priors. But I don't like unsubstantiated hot takes being used to launder throwaway accounts - the noise to signal ratio is shit enough on HN in 2026.