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clpm4j
searching PlanetScale…
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91.
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clpm4j
4y ago
There are still some notable people in crypto who want to see the concept succeed. I imagine we'll see at least a few more try (and probably blow up) before they get regulated out of existence.
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clpm4j
4y ago
Not an industry insider, but as an SF resident I tend to see far more Waymo vehicles on the road. A decent number of Cruise vehicles (although maybe they cluster in FiDi/SoMA areas in which case I wouldn't see them). Very few Zoox
93.
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clpm4j
4y ago
This is bizarre. I don't think anyone would argue that it would be great to have more diverse venture-backed businesses in the world, but the fact that the government is spending time scrutinizing private investment firms' portfol
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clpm4j
4y ago
That just means poor people are dividing their already limited resources to buy a fraction of something that they can't use to pay for rent, food, and clothing. If you can only afford to buy a fraction of something, then you can't
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clpm4j
4y ago
Either you have a product that customers clearly love and are willing to spend money on, or you yourself (and your team) are very impressive people in some way. The investor is ideally betting on both an impressive company && an imp
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clpm4j
4y ago
Who does the distribution? The vast majority of people in the world can't afford to buy crypto. The people who hold most of the BTC, ETH, SOL, and whatever other major coins were already rich before they got into it. Maybe single digit
97.
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clpm4j
4y ago
Yeah, but buying things online and having it shipped to your house was so very obviously useful and something that should exist, and you didn't have to be a PhD to realize it then. Pets.com was clearly not a bad idea. But I haven'
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clpm4j
4y ago
I'd love to see some analysis (probably impossible at this point) of VCs on Twitter who added "crypto/web3" into their bios over the course of late 2021 through early 2022, and how many of them have deleted any reference
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clpm4j
4y ago
Non-zero, yes... But the practical # of 'homeless hodlers' will be a tiny fraction of the larger homeless population, so effectively zero.
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clpm4j
4y ago
FTX Arena in Miami
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clpm4j
4y ago
As long as people have a way to potentially get rich with little to no 'real work', they won't stop.
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clpm4j
4y ago
I've come to a personal conclusion that hiring is an unsolvable "problem". When the problem and the product essentially distill to people - many individuals - it unravels. People are unique. There is never a broad, one-size-f
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clpm4j
4y ago
YC (S19) company
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clpm4j
4y ago
Totally valid, but you could also say the same thing about C and C++, i.e. you can wield your tool with mastery, then that's awesome. But I think the average startup would likely struggle needlessly when they really just need to ship p
105.
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clpm4j
4y ago
Keith Rabois and David Sacks and all of the other billionaire VCs who love to whine and complain about SF on twitter are nowhere near the crime (which is totally blown out of proportion). These guys own $20-30MM homes in Pacific Heights whi
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clpm4j
4y ago
I think the due diligence at the point of acceptance into YC is fairly minimal. It might not even go beyond the application answers and the 10min interview... not sure though. I'd be curious to learn more about it. *edit: Seems YC part
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clpm4j
4y ago
I have to say, that based on my family and friends who I occasionally watch TV shows and movies with, I'm the only person who is able to focus on the TV screen without my phone in sight. Everyone else I know is constantly half-listenin
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clpm4j
4y ago
I think it might be more apt to say that there are "10x employees" because it doesn't just apply to engineers. A small minority of people are just freakishly good at what they do (whatever that might be).
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clpm4j
4y ago
Eventually the majority realizes that 'big data' doesn't apply to them. It just doesn't work for what they need to do. I think it follows that the same reasoning applies to ML - works great for a few, but not at all for
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clpm4j
4y ago
That might be hyperbolic, but directionally I agree. The interesting part is that there are enough of those people out there in enterprise who fall into that "don't really know what they're doing but want to try something coo
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clpm4j
4y ago
It's still in its toddler years and growing taller by the day. Crypto fans love to tout the "early days" but bitcoin was released circa 2009 (roughly when Google Cloud Platform was introduced), and Ethereum in the mid 2010s..
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clpm4j
4y ago
More broadly I've gotta believe that raising $335 million (after many more hundreds of millions previously), and still expecting to need to raise more down the road is just a seriously flawed approach to running a business.
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clpm4j
4y ago
San Jose, Calif – November 18, 2021 – Lacework, the data-driven security platform for the cloud, today announced it has raised $1.3 billion in growth funding at a valuation of $8.3 billion. With this capital, which is the largest funding r
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clpm4j
4y ago
a16z is really sticking to their beliefs that there must be a major computing cycle every 10-15 years, and that it must be blockchains. Personally, I think its the public cloud, but I'm not nearly as rich as Chris Dixon et al.
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clpm4j
4y ago
100% agreed. Arrogance is a sure sign of brittleness.
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clpm4j
4y ago
I'm really curious to know whether this view is at all reflected in the wider population outside of tech. For myself, being a tech-y person in SF, Google is good enough 99.9% of the time. I have a hard time believing there is a signifi
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clpm4j
4y ago
One plausible reason in my mind is that startups tend to hire devs on the younger side, and it seems (from my perspective in the USA) that most new-ish grads come out of school having done most of their programming in Python. Plus some Java
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clpm4j
4y ago
The broader question in my mind is whether this is truly a painful problem for a large enough population of consumers.
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clpm4j
4y ago
I think he was making around $5m per month... And he only needs $1.6m per year for the property taxes on his Bel Air estate.
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clpm4j
4y ago
Spoken like an experienced software engineer and certainly not the type of person who is well suited for a formal classroom environment. But take a peak inside any of the Fortune 500 and you would surely walk back your assertion that it
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