Tim Miller
8K posts
@WebInspectInc
Christ follower • Dad of 4 • Programmer • Builder • Control the Chaos: make notes!
Why @obsdmd is 100% user-supported and not backed by VC investors: 1. We want to stay small, we don't need to hire lots of people 2. We follow strict principles that we do not want compromise 3. Our users are happy to support us, we don't need VC money Obsidian will not exist forever, no app will. However, the files you create in Obsidian are yours, and can hopefully last for generations. VCware is built with a five year horizon, it is not built to live on for decades. Many startup founders raise VC money because they need the upfront capital to build their product, or they see it as a shortcut to growth. For some products the capital truly is necessary, but too often it's fueled by impatience and the inertia of Silicon Valley. In the short term, VCware tends to subsidize pricing to acquire users. It's easier to grow if your product is cheap or free. But this generally comes at the cost of hoarding user data, and locking in customers. Once you're in you can't get out. To keep raising money, VCware must paint an increasingly enormous vision of their future, which becomes impossible to live up to. This leads to increasingly disparate priorities that gradually make the product worse. What starts off as a useful app become burdened with crap. Eventually all VCware must exit. That means being acquired or going public to pay back investors. It's expected that 9 out 10 startups will fail. That's just part of the math in a VC portfolio. The startups that have big exits pay for the ones that fail. It is now possible for tiny teams to make principled software that millions of people use, unburdened by investors. Principled apps that put people in control of their data, their privacy, their wellbeing. These principles can be irrevocably built into the architecture of the app. Principled people have always been able to make principled software. The difference is that now you need far less money and far fewer employees to reach far more customers. That wave is only just beginning. If you have principles and enough patience, being 100% user-supported is by far the most fun way to build.
“If your $500K engineer isn’t burning at least $250K in tokens, something is wrong.”
Wait wait wait waaait a second.... He's saying he wants his $500,000 engineer to actually cost him $750,000 by using $250,000 worth of AI tokens. Wasn't AI supposed to make things cheaper, not cost 50% more?
Jensen Huang: "If that $500,000 engineer did not consume at least $250,000 worth of tokens, I am going to be deeply alarmed. This is no different than a chip designer who says 'I'm just going to use paper and pencil. I don't think I'm going to need any CAD tools.'"
As someone who worked at Reality Labs: the Metaverse had real legs but was obliterated by middle management completely out of touch with how young people actually use technology. I built a V1 tool that game developers genuinely needed, and the moment it was done, it got shipped to a team in London (to die), and I was reassigned to a "higher-priority project" that zero developers asked for. Multiply that by every team, and you'll understand why this never took off yet cost 80 billion.
