Important detail is that they're both divesting from later stage deals, and doubling down on early stage ones
HN user
giansegato
data & ai
sometimes blogging giansegato.com/essays
higher ROI than anything else I've ever done for my career, by a long shot
with my website [1] I found investors, I was contacted by a highly sought after silicon valley startup, moved to the US and got my visa sponsored, I even found friends here to get my network going and a professional network much more significant than anything I could ever have on linkedin
the only downside is that writing on your blog takes a long time to become clearly worth it (read: years), so most people don't stick to it and never find out -- do it!
I don't think there's anything about YC inherently misaligned with the next startup era — in fact, they're adapting their model accordingly, hedging their bets + investing in harder tech with higher capex and longer feedback loops. It's gonna take a while to see the new strategy play out, much longer than before in fact. That said, agreed with the general point that the model is changing and the old playbook is not working anymore. I published 5000 words last month that try to analyze this trend within an economics framework: https://giansegato.com/essays/dawn-new-startup-era
VC management fees are typically 2%/y. if a VC fund has $100 million in committed capital, the annual management fees would generally be between $2 million and $2.5 million. it's a lot of money.
that's not true. you have it written explicitly in the final check. you just don't have to do the mental gymnastics of figuring out how much you'll pay before ordering, which is absolutely absurd
I don't understand the general tenor and sentiment of the comments here. I've taken dozens of self-driving cars rides in SF in the last few months. They were magical, and _they work_.
It blows my mind that the general defeatist tone is "it can't be done", while it's literally happening right now. It took a bajillion dollars and decades of work, but we're past the tipping point now.
Sure, regulation must happen, it's not like a chat bot where screwing up is worst case scenario being canceled for a week. Lives are on the line. But outright "it's impossible and must be stopped" is literally against progress.
that's correct. most beaches in Italy are privately held, with decades-long contracts
it's a huge scandal and yet very hard to solve because of the same dynamics of the bridge above: special interests, and hideous lobbying
Uhm. I don't know. At my company, we're living on Slack (it's remote). There are only few tactical meetings. Coordination happen async on Slack. Worked out pretty well so far, we ship tons of stuff continuously. I agree with some other comments here: how much signal to noise ratio you get out of Slack mostly boils down to the people
even if it was, everyone would benefit from the information (it being public)
yep, true! however, the devil is in the details. from what i've been told, the big challenge was latency: they worked a lot to bring the latency down to acceptable levels - essentially to be usable in a cloud IDE
iirc the team managed to bring it to a lever an order of magnitude lower than off-the-shelf models
replit employee here. the team who built this is very small (less than a dozen, including non-eng roles for the go to market), and went from idea to general availability in 8 weeks
I know reasonably well some ex FB people from the early days (early 2010s, well before IPO). They explicitly defined FB as a 'utility' - based on how users react during outages and usage patterns.
I think that your definition is not only spot on, but actually what social media platforms themselves interpret their role.
Why would they even want that? They paid 15% of their market cap (30 considering the drop) for a new shiny toy, and now they would just… cash it? Doesn't make any sense, their incentive is to keep it great and working. Whether they can is a completely different matter.
in replit we just implemented playback mode, it's called history mode, and we do happen to have vi shortcuts (couldn't live without them)
(I'd expect pg to know this already, but hey, here it is)
VSCode is open source. Its underlying editor is too, it's called Monaco: https://microsoft.github.io/monaco-editor/
What you're saying and what the article is saying are two different things. The whole point of the article is not "Don't refactor code"; it's "Never fix a bug and refactor in the same pull request".
It's a matter of focus and intentionality.
I think surround is so deeply nested in users workflow that it's almost like an official one. It's the only one i'd go as far as to adding it to your course, but potentially you could think of a chapter on vimrc, which skyrockets your productivity (but is also quite advanced)
I see that there's a pretty big miss in the syllabus: surround! yes, true, it's not "official" but rather a plugin, but you can't really do without it, can you?
How could they refuse after being compelled by a court ruling? Did they appeal / sue you back? Can't see how they could simply say... "no".
in Europe it's quite popular and widespread for legit purposes as well
ime mods here tend to actually stay away from negative yc stories, in order to not get into slippery paths. don’t have proof of it, but the simple fact that this is still up with 400 points is a fact.
I'm not following. Afaik Lambda didn't collapse. It recently rebranded due to a trademark conflict, but they're still alive and well from what I gather. Someone be so kind to explain?
FB have never built a successful product besides Zuck's original.
Can we argue the same point for Google?
Considering their dominant position in digital ads, I wonder what this implies.
i'm very embarrassed to admit this, but i literally just discovered this. thought ufw was literally last defense. gotta run to fix this
(luckily, all just pet projects with no sensitive stuff - still…)
can confirm for italy: whatsapp is 100% the only expected tool of communication. telegram is making some waves in some circles, but for the most part it's whatsapp only: groups, 1:1, business support, anything
my experience in germany and spain is vastly similar
so it's a branch, uh. i'll never wrap my head around the complex corp structure of these crypto juggernauts
they're based in Hong Kong so i'm not sure why US / EU regulation should apply
Congrats for the impressive technical feat!
One (maybe naive) question: at a certain point in the demo, Rainbow wallet forecasts a 400$ gas fee. Does this mean that in order to play this game, I need to spend hundreds of dollars for each round? I know that there are many other chains that are vastly more efficient, plus all the L2 optimizations and all. I was just wondering if this is actually the case in this particular instance or I'm missing something important.
I did the same, but with a far less complex system. It's a markdown file synced using iCloud, where input happens using Apple Shortcut. Works quite well. Screenshots here [1].
[1] https://mobile.twitter.com/giansegato/status/146896340342311...
They've been already doing server side CSAM, for a while, on iCloud pics. Their issue was targeting all media that wasn't uploaded.