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FanBasis
359 posts


The last week was brutal for thousands of people due to layoffs.
• Meta laid off 8,000 employees ~ 10% of their global workforce
• Cloudflare axed 1,100 employees ~ 20% of their headcount
• Bolt fired their entire HR department
The pattern is concerning and the future is uncertain as companies adopt AI and make their workflows efficient.
While layoffs have been a growing trend, the boom in internet businesses cannot be ignored.
I say this because I see it happening at @FanBasisInc, we have noticed an increase in new sellers over the past few months.
And it's not slowing down, the internet economy is expected to grow to $16.5 trillion by 2028.
Every wave of layoffs create the next class of internet entrepreneurs.

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my girlfriend launched her first mobile app 5 weeks ago.
today it hit $800 MRR and almost $1000 in revenue!
incredibly proud boyfriend moment right here.
here’s the back story:
two months ago my gf approached me and asked me if i can teach her the basics of coding.
i was really stoked because it came from her and not me.
i tried forcing a partner in the past into coding and let me tell it didn’t work out well lol
anyways, being a proud engineer and believing in teaching people first principles i decided to not throw her immediately into AI vibe coding but rather teach her the basics of coding.
we started with the Swift playgrounds course which is absolutely amazing btw
after she learned programming primitives we moved to web and i taught her a bit of typescript
we then built a very simply react native app without any AI so she could get the feeling of how apps actually work (obsly very basic but better than nothing)
at that point my life became quite busy again and i had to fully focus on work
before that though, i taught her how AI works with Cursor and Claude Code and then i went back to work
fast forward a week or two my gf approached me with her first app idea that she wants to build
i genuinely couldn’t believe it because it was actually a great idea! very rare for a first timer.
she either absorbed a lot of business things i was just casually rambling during dinners or she’s just super smart.
probably the latter.
the idea had a few rough edges but i didn’t want to influence it too much because i believe that you gotta sometimes make mistakes and learn how to fix them / pivot along the way
so i basically “left the chat” and let her cook (or fu*k up) on her own
5 weeks later and her app revenue basically reached her salary (she’s indonesia and wages are a bit rekt)
95% of her revenue is coming from organic Tiktok clips and comments
every time i see her on her phone she’s now creating new content for distribution
i can see the hunger for more in her eyes and it’s absolutely beautiful

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@markmeyourze There's no better way to travel than spending hours on a plane with sweaty gym bros.
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Obstacles we overcame in the first 6 months of launching a financial education company that’s grown to 5000+ members:
1. Payment processor shut down
Stripe killed our account without any warning. Froze our account with our funds stuck inside.
We were only running educational content around DeFi frameworks, risk management, and position sizing. The email from Stripe just said "account closed". There was no appeal process available to us.
2. Bank accounts closed
Our banking partners sent account-closure letters. No reason given. We had to manually wire transfer reserves before access was revoked.
Every traditional financial institution was shutting us down before we even had customers.
3. Ad platforms refused us
Meta and YouTube killed our ad accounts a few weeks after launch. We appealed and got denied. No policy violation was cited, even though real humans had reviewed the creative before we posted.
4. $200K invested before a single ad ran
We put up $200K of our own capital in the first 6 months.
Had to rebuild our payment systems, find new banking partners, and build organic distribution when every paid channel closed.
We kept going. It built our conviction. We took it as a signal from the big institutions that more people needed our educational finance content.
All these obstacles meant we were either deeply wrong or very early.
We bet on early.
3.5 years later: 150 employees. 5,000+ members. 800+ reviews. Hundreds of video case studies.
These institutions that cancelled us didn’t realise that they were validating our mission.
When the legacy infrastructure doesn't want you to teach something, that's usually the thing people need to learn most.
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@FanBasisInc this is one of those “YOU'LL REMEMBER THIS ERA” moments😊
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same for me except i never wrote code to begin with
vibe coder through and through
@levelsio@levelsio
I don't write code anymore I haven't written code in I think 6 months? I think everyone is like this no?
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Crossed $3.5K MRR 🚀🚀
going all in on reddit marketing

Manoj Ahirwar@manoj_ahi
Crossed $3K MRR 🚀🚀
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@readswithravi 7. Begin working on the business you've always talked yourself out of starting.
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Easy way to decrease a lot of complexity in your business
This is gonna sound so simple but it makes the day to day so much easier and I don’t know anybody else who really does this
So when you hire roles that usually will have people underneath them (creative strategist, customer service manager etc)
Literally have it so they are fully responsible for the people beneath them, and I don’t just mean managing them
For example, our customer service manager is responsible for hiring new agents, onboarding them, training them and even paying them. I have no contact with the agents, I don’t send money to them etc I just send one payment to my manager and then he is responsible for paying them
If we need new agents or we need to reduce count, he just gives me a heads up to let me know what’s happening
Same with creative strategist. He is responsible for video editors etc, I just pay him and he sorts everyone else out
Like the people underneath these people do not have contact with me, I do zero management.
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JUST IN: 43% of CEOs plan to cut junior roles in the next 2 years, per consulting firm Oliver Wyman.
Last year it was 17%. It doubled in 12 months.
The New York Fed tracked jobs for workers aged 22-27 earlier this year and concluded that the market "deteriorated noticeably."
Biggest cuts: tech, media, telecom.
The job market for Gen Z is the worst it's been since the pandemic.
The entry-level job is dying.
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