simantel

Total market funds like VTSAX (the largest mutual fund in the world) will have to buy it as well.

not having a network to bounce ideas off of or even try the app makes that part difficult to go from 0 to 1

This wouldn't change if you quit your job.

Keep your job, stop building, and start talking to potential customers.

How can someone steal MIT-licensed software? The license says:

Permission is hereby granted [...] to use, copy, modify, merge, publish, distribute, sublicense, and/or sell copies of the Software [...]

If you don't want other people to be able to sell it, don't use an MIT license.

Wow I had no idea ngrok had raised $50M, that's wild!

purple.com had a similar page for years, and eventually the mattress company rolled up with a dumptruck load of cash

IBM has ~300k employees and uses Slack.

Don't forget Underscore!

Node also has a built-in server and SQLite these days though? Or if you want a lot more functionality with just one dependency, Hono is great.

Who do you want to hear from that you're not seeing make statements? Hakeem Jeffries? Chuck Schumer? Ken Martin?

I had no luck generating full-size, NYT-style puzzles, but was able to generate 5x5 minis!

I pre-defined a handful of layouts (minis generally just have corners blacked out), and brute-forced puzzles with all 4 or 5-letter words (depending on the space available, given the blacked-out squares) using a word list from Wordnik. I used an LLM to generate clues.

Have you checked out Linear (https://linear.app)?

$300k puts you in the 94th percentile for household income, so objectively no, it's not that common.

In tech though, especially in the Bay Area, it feels like the norm.

Yeah $1,000 a month would be $250 a week, which is 2-3 person hours of a housecleaner or landscaper's time, so like a 2 person crew for an hour or 90 minutes.

If you and your spouse each make $150k (so $300k household income), paying 8% of your income ($24k/year) to have 6 extra hours a week to spend with your kids seems like a fair trade.

Two people working in tech could easily be making more like a $5-600k household income though, at which point $24k is only 4-5%.

At $250/visit, that's just weekly landscaping and housecleaning. More than I pay for myself (we have a housecleaner that comes monthly), but not unreasonable, especially for a well-paid dual-income household.

Re: Your compensation, Levels can be eye opening: https://www.levels.fyi/?compare=Facebook,Microsoft,Google,Am...

At that point it's not really B2C, but dual-funnel?

Contrast that with B2B where churn rates are generally <10% (or better yet, net-negative revenue churn) and LTV is often $10k+, and you can see why it's a lot more appealing.

At $15/month with 10% churn (which would be an unbelievably good churn rate for a paid B2C product) would make your LTV $150. An optimistic conversion rate from visitor to paid would be like 2% (imagine you convert 20% of visitors to a trial, and 10% of those to paid). In this incredibly optimistic world, you break even paying $3 to acquire a visitor.

Congrats you have a money printing machine!

More realistically though, you'll have like 33% monthly churn, $45 LTV, and 0.5% visitor-to-paid conversion. In that case you break even at $0.22 per visitor, which is a lot harder to make work.

The game is building a valuable product with good onboarding and retention, then finding ad creative that works. It's not easy!

The Medallion Fund does use a better strategy than REIF. It only worked up to a certain scale where they started moving the market though, which is why they ended up kicking out outsiders.

REIF just lets them use Medallion as marketing while getting those sweet AUM fees on a massive fund.

If your visitor-to-paid conversion rate is actually 1.5% (12% of 13%), with an LTV of $23 you break even at $0.34 per per click.

And again, I'd expect the conversion rate of ad-driven traffic to be quite a bit lower than that from organic word of mouth traffic, but worth testing out!

If we assume your LTV is $30 and a 5% conversion rate (since your organic traffic is likely to be higher intent than people who clicked an ad), a visitor is worth $1.50 on average.

The questions are:

1. What's your LTV?

2. What's the conversion rate of ad-generated traffic?

3. Can you buy clicks for less than $1.50 (or whatever the real number is)?

Tailwind Plus (formerly Tailwind UI) has landing page templates that are widely used and look similar to your examples: https://tailwindcss.com/plus/ui-blocks/marketing/page-exampl...

Yeah Observable has raised $45M, I imagine the ELT is paid well.

It feels kind of odd that almost no one is talking about self-driving now, compared to how hot of a topic it used to be

Probably because it's just here now? More people take Waymo than Lyft each day in SF.

RenTec did this successfully, but their strategies didn't scale up beyond ~$30B AUM before they started moving their markets too much (with the Medallion Fund).

I haven't used it, just know a few folks who worked there.

They were building like a social network/college job fair platform kind of thing, but then in the last year or so they launched an AI labeling platform[1] and the revenue from that has blown up and I think eclipsed their original business by quite a bit.

According to a podcast[2] discussing the Scale acquisition by Meta, they apparently closed $50M in AI labeling deals in the couple days after the Scale acquisition was announced.

[1] https://joinhandshake.com/expert-ai/

[2] https://www.youtube.com/watch?v=-AguI4JLQSA

Handshake was working on that until they realized they could be an AI company and compete with Scale instead.

Wouldn't this also be a problem for Go, which just imports from URLs (mostly GitHub) as well?

Businesses are taxed on profits, not revenue. Paying people to write code is an expense, so you'd normally deduct that expense (plus all your other expenses) from your revenue to arrive at an amount that should be taxed.

It's an alternative to Postgres in the sense that they're both databases. Read up on OLAP vs. OLTP to see the difference.

Pretty much everyone still uses PagerDuty, but Incident.io is starting to be competitive as well.

I've never heard of anyone using Opsgenie or Splunk for on-call, and Opsgenie's 3-week outage or whatever is pretty damning.