Recent submissions

Comment · 2 years ago
I can't comment on the manufacturing process, but in terms of durability -- would probably just put this in between two panes of glass in a double pane window?
Comment · 2 years ago
Comment · 2 years ago
Comment · 2 years ago
If you send a portfolio sample, we'd love to take a look.
Comment · 2 years ago
Unfortunately not at this time.
Comment · 2 years ago
Comment · 3 years ago
You're right, and there's other things like restaurants that require capital and have a cap on earnings.

I should have phrased it as venture capital, which is structured to look for unicorns.

There are other forms of capital that are appropriate for businesses with a high chance of returning a moderate gains instead of a low chance of extraordinary gains.

Comment · 3 years ago
I would add some things to the framing:

There's two axes. One axis of the matrix is what the founder wants. The other axis is what the business needs.

The business needs axis is continuous:

- Some businesses obviously don't require outside capital (e.g. founder is equipped to get a sellable product built by themselves).

- Some businesses require tons of outside capital and cannot be bootstrapped; self-driving cars is an obvious example.

- Some are in between; e.g. many b2b products require a baseline level of features / complexity with active competitors that's hard to achieve by bootstrapping.

If a business requires a significant amount of capital AND the maximum outcome is e.g. $500K a year, then it shouldn't exist. This is why VCs ask what the market size is.

Some founders think raising outside capital is a "win". They want that external validation and then convince themselves and/or VCs that there's a big outcome on the other side (or, in the ZIRP 2021 era, get convinced by VCs). This is a mistake -- the only external validation that matters is market validation.

Instead, founders should think of outside capital as a necessary evil, and make a clear-headed decision as to whether the benefits of capital for their businesses is worth the cost (in the form of preference and control -- or at least influence). And it should be worth the cost by some significant margin, because outside capital is often optimizing arithmetic mean outcome whereas the founder is often optimizing something closer to geometric mean outcome.

Comment · 3 years ago
We appreciate your feedback! We will experimentally see what type of candidates we can attract and update our process from there. I may be overly optimistic, but am hopeful this will attract the "T-shaped" candidate who's great at one area but is willing to roll up their sleeves in others.
Comment · 3 years ago
Comment · 3 years ago
I won't debate that no 'human' creativity is involved, but human brains are a purely mechanical process, and that's where human creativity originates (unless one invokes the supernatural).

LLMs are typically implemented in a way that makes them non-deterministic (i.e. temperature > 0).

Comment · 3 years ago
Comment · 3 years ago
Thank you for the feedback. We're a small team and are experiencing growing pains (on account of keeping up with revenue growth), but that doesn't make it less frustrating when something like this happens.

We do try to get back to all candidates within a short timeframe but I know that some have slipped through the cracks. We've recently brought on a talent person who will help us improve the interview experience.

Please accept my apologies and best wishes to your continued search.

Comment · 3 years ago
Comment · 3 years ago
Thanks for the heads up! Need to update the pages. Three is more up-to-date :-)

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