JoelCodes

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JoelCodes

JoelCodes

@JoelCodes

Solving Problems with Code | PM and Developer

Miami Katılım Mart 2011
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JoelCodes
JoelCodes@JoelCodes·
It’s hard to tell if we’re just hitting another AI trend phase or if we’ve just hit an infliction point in the rate in which ideas can be materialized into content, leaving imagination as the only limiting factor for creation.
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@levelsio
@levelsio@levelsio·
Also so many stories like this Guy sells his $50K/mo business to a VC funded unicorn Gets offered $10M for it, e.g. 16x multiple on revenue! Too good to be true right? Well it is, cause it's just an acquihire Celebrates it as a massive $10M acquisition "Look guys I made it! I'm rich now!" His startup is shutdown, and he gets paid a salary to work at the new company, with a vesting agreement that he has to stay on for 5 years to get the $10M, but the $10M is in stock valued at the arbitrary price when he got acquihired Meanwhile that $10M stock gets diluted, the price may drop due to the market changing, and actually it might just end up worthless after paying tax on calling the options to buy the stock in the first place And now you have a soul-sucking job at a unicorn instead of building a cool product And you're still poor 5 years of the best years in your life wasted for quite low odds % on a pay out
@levelsio@levelsio

So many VC funded exits you hear about are actually massive failures and nobody made any money Which is completely fine if they weren't then hailed as massive successes on TechCrunch and by the investors and founders on X It's flat out lying And the reason why is so the founders can fatten their resume to then do their own VC fund next The fake exit helps them raise $10M-$100M for their VC fund With 2.5% management fees that's instantly $250,000/y to $2.5M/y income essentially FOREVER! Even if the fund never makes any money on its investments! It doesn't end there. Funds have 20% carry or more usually. Carry means the founder of the fund gets 20% of the entire fund's profits first. So if the fund does for example double, the founder of the fund gets $2M-$20M payout on a $10M-$100M fund They then become friends with the founders they invest in and tell them to do the same trick I do believe startup founders generally wish they all had a succesful startup but in case they don't (which is 95% of cases) they have an instant path to $250,000/year in management fees For that to happen though, they and everyone around them need to lie about what a massive success the startup was eventhough it was a flop. Or they wouldn't be able to raise money later on for a fund. And VC investors, PR agencies and tech media are ever so happy to help with that. Which is the sad part! Also lots of NDAs in this industry so you won't ever hear about this from anyone but me cause I'm independent and don't have investors See ya

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JoelCodes
JoelCodes@JoelCodes·
Told directly that they personally weren’t capable of owning the market……goes on to build a 15 billion dollar company.
Matias Woloski@woloski

Today is my last day at @okta / @auth0 🫡 As I was reflecting over the past 12 years, I went back to 2012 in my photo feed to revisit the beginning of this crazy journey. This video from 2012 is an iconic one. We were kicked out from Founders Institue. This is the panel feedback after the pitch 🤣

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Alvaro Cintas
Alvaro Cintas@dr_cintas·
The new ChatGPT Mac app is amazing. I got a fully working Breakout game code using a shortcut to pull up the app with GPT-4o and a simple screenshot of my screen. So many use cases and faster workflows.
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JoelCodes
JoelCodes@JoelCodes·
Pretty wild. This is the equivalent of being able to pass 9 Harry Potter books as context to ChatGPT
Superagent@superagent

We've been in the kitchen cooking 🔥 Excited to release the first @AIatMeta LLama-3 8B with a context length of over 1M on @huggingface - coming off of the 160K context length model we released on Friday! A huge thank you to @CrusoeEnergy for sponsoring the compute. Let us know if you want to work with our team on custom models or automating business workflows: gradient.ai/development-lab 🔗 huggingface.co/gradientai/Lla…

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@levelsio
@levelsio@levelsio·
Oh no, all my AI apps breaking now
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Javi Lopez ⛩️
Javi Lopez ⛩️@javilopen·
🤯 This is insane Simulon can add any 3D model to your real footage video in a matter of minutes. It's so real that I almost can touch it!
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JoelCodes
JoelCodes@JoelCodes·
@andrewchen Using this old post to ask you questions since I can’t DM. Just finished your book Cold Start, and wow that’s was one of the best reads I’ve had in a while. Any other recommendations on books with a similar structure of concepts and case studies for SaaS ?
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andrew chen
andrew chen@andrewchen·
When I first joined a16z -- it's been 6 years, can you believe it!? -- the entire firm showed up every day in Menlo Park. The world's changed, and now the firm has offices in Silicon Valley, SF, LA, London, and NYC. Let's talk Los Angeles. I've been working to beef up a16z's approach to the LA ecosystem since moving ~2 years ago. Some of the ways we're building our LA presence: - we're running our SPEEDRUN accelerator starting July 29th, where we'll be bringing ~30-40 new energetic startups to town! We're investing $750k each at the intersection of TECH x GAMES and collab'ing with folks from entertainment/gaming/tech to make it a great experience. (Apply here: sr.a16z.com) - the team's grown! we have ~50 employees of a16z based in LA now (!!!) including senior members of our leadership team who have homes here - so has our portfolio in LA. We have two dozen investments across many sectors - fintech, commerce, consumer, gaming, web3, etc. - LA Tech Week was kicked off in 2022 and it's just gotten bigger and better. The next one will be in October 2024 (alongside SF, and earlier in Jun, NYC), and will feature 100s of events and 10,000s of people visiting the city - several of us have been investing in emerging fund managers in the LA region, who co-invest alongside us (and often before us) in great startups. We've supported a half dozen GPs -- some solo GPs, some in small teams -- with the goal of bringing the investing ecosystem together - finally, we are opening up our flagship LA office which will be in downtown Santa Monica, in the next few months. Am very excited about this and to see all my colleagues more often Lots of great activity and energy in LA! I find myself back in SF on a monthly basis -- nothing can beat the amazing startup energy of the Bay Area -- but a lot is happening here which has been great.
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JoelCodes
JoelCodes@JoelCodes·
Long walks + ChatGPT voice undefeated for brainstorming
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JoelCodes
JoelCodes@JoelCodes·
If you’ve thought of some ways to automate some parts of your business with AI and want to know how feasible it is to implement, reach out to me 👍
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JoelCodes
JoelCodes@JoelCodes·
It’s crazy how we’ve gone from ChatGPT to full blown multi AI agents coordination in a year’s time.
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JoelCodes
JoelCodes@JoelCodes·
@ericbahn I actually built carhelpai.com almost a year ago following the same thought. Works pretty well! It’s using 3.5 turbo need to test with better models still
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Eric Bahn 💛
Eric Bahn 💛@ericbahn·
Life Pro Tip: Find a PDF of your car manual and use it to create your own custom GPT. Now you can just ask regular questions to your car about how to operate and maintain it well!
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Latest in space
Latest in space@latestinspace·
NEWS 🚨: The Event Horizon Telescope has captured the first image of our supermassive black hole, Sagittarius A, in polarized light
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JoelCodes
JoelCodes@JoelCodes·
One of my favorite conclusion’s from a study, I think about this often.
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Tibo
Tibo@tibo_maker·
The "basic" TikTok Hunter that I built this weekend You can: ✅ search TikTok videos ✅ repurpose them ✅ re-write with AI ✅ generate a brand-new video ✅ publish on TikTok Trying to make it easy to grow a TikTok account x10 faster 💬 Drop a comment if you want to try
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James Lucas
James Lucas@JamesLucasIT·
A different perspective by Hugo Suissas - thread 🧵 1. Special Light
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Shruti
Shruti@heyshrutimishra·
MIT University just released free online courses. No payment required. Here are 10 courses you don't want to miss in 2024:
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JoelCodes
JoelCodes@JoelCodes·
@DanielNyirfa @downthecrop That’s true but why not have the AI analysis overlayed with the 3D scan? That might enable an experienced specialist to make a faster assessment or provide some guidance on where they should be looking.
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Dan ᯅ/༄.♒︎☼𓂁
@downthecrop That's very true. But at the same time in order to know AI analysis is 100% correct you'll need experienced human input.
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Amanda Goetz
Amanda Goetz@AmandaMGoetz·
Do we think this will increase human connection or decrease? Genuine question.
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