majani

14 ms·

121.
by majani 3y ago
In today's age of multimillion dollar seed rounds, I don't think there's much difference between a buzzy startup and a corporate R&D department
122.
by majani 3y ago
As an insider in the industry I can tell you the digital news era is well and truly over. We are in the influencer age now. And this has all been part of a purposefully executed plan by the big web platforms to keep people on their sites an
123.
by majani 3y ago
Jesus Christ, and this was at the height of the covid bubble. Faith in content sites is currently at rock bottom
124.
by majani 3y ago
The way I see it, AI is a nifty tool, like a calculator. Who was disrupted by the calculator? It wasn't the peasants in the fields. It was the people with the ability to do mental sums on the fly. Such people went from having the king&
125.
by majani 4y ago
Or that any telecommunication gets delegated to AI, so as long as your not in the same room with someone, chances are you're speaking to their AI assistant
126.
by majani 4y ago
In my experience, even most people in tech don't know what YC is (I am based in Kenya, so this probably skews the results).
127.
by majani 4y ago
> YC used to be for people who investors wouldn’t normally take a chance on…and imo, it still is. It absolutely is not. The recently released Founders Directory[1] shows that YC is practically a big tech company now. Most alumni are from
128.
by majani 4y ago
I think this dissonance comes from most of YC's guiding literature being written by PG in the 2000s and early 2010s. Back in those days it was definitely possible to grab the attention of users and investors with janky prototypes. But
129.
by majani 4y ago
At least on the consumer side of things it doesn't. The consumer-facing side of the internet is quite mature. You are fighting for consumers' attention with giant companies that have addiction down to a science. Furthermore there
130.
by majani 4y ago
With 62% of public companies nowadays being in the same loss-making predicament[1], the bigger question is: how much of the US economy is being propped up by the goodwill of investors? [1] https://www.consultantsmind.com/201
131.
by majani 4y ago
There are a lot of talented people you can sell on the dream of working for less than their full market value in order to help vulnerable people not get scammed. It would be very fulfilling work for a lot of people
132.
by majani 4y ago
If an AI can write that guide, it means it was probably on the open web to begin with anyway
133.
by majani 4y ago
Chipper Cash raised $150m from FTX and $100m from SVB. Ouch
134.
by majani 4y ago
The lottery system would be bad for the image of the school, who probably want to be seen as meticulous pickers of talent. Though I wouldn't be shocked if there were some lottery mechanics being applied by school admins behind the scen
135.
by majani 4y ago
Technically he's right. Land conflicts between large groups of people have typically been solved by violence throughout history. But good luck getting a population with strong passports and $50k GDP per capita to revolt. If this was an
136.
by majani 4y ago
Maybe some look good in high density cities in select areas of Europe which are helped by well preserved ancient architecture, but that's not replicable elsewhere. Go to more modern, large, genuine YIMBY cities where anything goes like
137.
by majani 4y ago
This is one of those areas where the "proper channels" are heavily compromised though
138.
by majani 4y ago
Also, aesthetically, you have to admit, most YIMBY cities are ugly AF compared to NIMBY cities. Aesthetics are very important to human beings; people love pretty things.
139.
by majani 4y ago
Land in China is all leased from the government, so there's no escaping government risk there without leaving the country
140.
by majani 4y ago
ChatGPT is Geocities for AI
141.
by majani 4y ago
Sorry, but IOT is the only way to try and make hire purchase work in a lot of poor countries (speaking as a resident of a poor country). This model has already been explored succesfully by companies such as M-Kopa Solar. If the car companie
142.
by majani 4y ago
Usually bad unit economics. The whole "make losses now to jack up prices later" thing does not work in reality. Usually the whole market just gets poisoned and the only way out is to leave richer investors holding the bag
143.
by majani 4y ago
Furthermore it's very few businesses that make it past 20 years and it's very hard to transition from one business to another. I am now in that tight spot as a successful businessman in year 14
144.
by majani 4y ago
Many species have already slid to the bottom of that slope. The phenomenon is called Fisherian Runaway, and it's not pretty.
145.
by majani 4y ago
It makes sense for other countries since they don't have global giants to pay absurd amounts. But Japan has it's fair share of these global entities, their salaries in theory should be competing with those of the US. Maybe it&#x27
146.
by majani 4y ago
Untamed models get trolled in the media till they are DOA. Remember Microsoft Tay?
147.
by majani 4y ago
Those are all before birth control and before the maturation of fields like sports, entertainment and computers where young men could command as much money and influence as old industrialists. That probably shifted cultural ideals. Also tho
148.
by majani 4y ago
Yes, but there are a lot of ad agencies that try to do Google ads on behalf of clients for huge fees. I'm sure part of Google sales people's jobs is to try and either drive such agencies out of business or get the agencies to spen
149.
by majani 4y ago
That would mean giving away lots of prizes and you would have an addicted military very, very quickly. For most people, the losses are what stop them in their tracks
150.
by majani 4y ago
You can push back in the early stages before >50% board dilution (and this is who pg assumes is his audience), but typically founders are very willing participants in all the spending

More ›