barbarr

Their demo stores are literally losing money...

I read the title as 5 km S of San Jose (as in bay area) at first

Anyone know how much these founders generally pay themselves / how much they receive in liquidity each raise?

He doesn't need the money though. I bet there's something cultural or structural going on at GDM that made him want to leave.

Going off the other reply, I wonder if a highly-active secondary market means that companies can raise series [A-Z]+ rounds effectively forever, where each "round" just refers to a giant purchase of shares under strict company supervision. Is this the new game for startups?

So... Does the Gates foundation get an equity stake?

Unrelated, but I see the use of the phrase "taste" as having a strong Twitter / e/acc smell (in a negative way).

I tend to associate it with folks who are prepared to victim blame researchers for not adapting to the "new economy" as being people who have "bad taste" or "low agency", maybe as a way to rationalize/justify the upcoming inqeuality that AI will create.

Basically a recycling of the way "IQ"/smarts/hard-work has historically been used to justify disproportionate rewards for the upper class.

(Obviously a gigantic stretch on my part, and not saying the author is in this camp, but just wanted to vent somewhere)

I feel he'd want to rebut the use of an LLM for this task to begin with (i.e. find issues/nitpicks with the LLM judgment whether it said he's right or wrong)

Can't wait to see Gary Marcus's rebuttal

Getting SBF vibes from this. "Earn to give" is an inherently flawed philosophy.

It's Claude Code slop

I can't believe he was calling Greta a potential antichrist when there's... this

This is already the case

Why are we pushing this when we have beans

> He smirked. "Yes, I am."