giansegato
Joined 8 years ago
Karma
1,317
Submissions
155
Member since
Sep 30
Recent submissions
Comment · 2 years ago
Important detail is that they're both divesting from later stage deals, and doubling down on early stage ones
Comment · 2 years ago
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!
Comment · 2 years ago
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
Comment · 2 years ago
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.
Comment · 2 years ago
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
Comment · 2 years ago
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.
Comment · 2 years ago
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
Comment · 3 years ago
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
Comment · 4 years ago
even if it was, everyone would benefit from the information (it being public)
Comment · 4 years ago
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
Comment · 4 years ago
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
sometimes blogging giansegato.com/essays