y_gy
Joined 3 years ago
Karma
120
Submissions
18
Member since
Oct 9
Recent submissions
Comment · 2 years ago
Hi! I'm working on https://UpdateMaker.com. UpdateMaker is a super-simple widget for delivering in-app updates and notifications to users.
As a dev, I always want to tell users about our latest updates, but making front-end updates requires a whole production deploy, and a backend notification service is a lot to set up. UpdateMaker makes it easy to manage updates without an engineering cycle.
UpdateMaker lets you copy-paste our widget into your website, and then you can push update notifications to your users. You can customize the look and feel, schedule updates, track user engagement, and make it conditional on pages the user might visit. We manage all the cookie-handling so the user only sees updates they haven't seen before. It's been super useful for us!
From there, UpdateMaker also automatically exports all your updates as a changelog that you can publish for your users or SEO :)
Comment · 2 years ago
Most likely. We see a large amount of abuse coming from the replit free tier. And that's pretty similar to what Heroku used to offer.
If you're going to provide people with free compute online, there are just a lot of ways to exploit that.
Comment · 2 years ago
You're thinking about the wrong thing. It's not about salaries for staff. The fact that it's a non-profit means no corporate taxes. That's where the profits go into the pockets of management, practically.
Comment · 2 years ago
Ironic, isn't it! OpenAI started out "open," publishing research, and now "ClosedAI" would be a much better name.
Comment · 3 years ago
I would guess that this is actually SBF acting through an accomplice. Of course everyone's going to look at SBF when asking where that final $400 million went. Right now he's on trial, in the courtroom, everyone sees him there -- perfect Alibi.
Comment · 3 years ago
As I mentioned in another comment -- no, their options will not be underwater, because the strike on their options is set by the 409A value, which will have been far less than 1.5B. It wouldn't be unusual to see a company that's got its preferred stock valued at 1.5B and its 409A at 400M.
Comment · 3 years ago
Liq pref > 1 was extremely uncommon in the last 5 years.
Employees who joined after the 1.5B valuation will have made money because the strike on their options is set by the 409A, which will have been far, far less than 1.5B. Preferred stock price is not the same as 409A common price.
Comment · 3 years ago
This comment misunderstands how liq pref works. Liq pref is about the amount of money invested ($175M), not about the valuation. At a $975M exit and a par-for-the-course liq pref of 1.0, it is very likely that all shareholders will have made money on the exit.
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