David Ma

Zip tryna make this statement not true soon

@signulll I could see PLG type products and SMB becoming closer to perfect competition though. Less bespoke and distribution / support requires less human.

@signulll Build and customer support costs may tend to zero (I’d argue great design still scarce), large enterprises still demand customer success, services, and need to be sold to. Enterprise SaaS probably just becomes more profitable.

i’m absolutely loving the saas apocalypse discussions on the timeline right now. to me the whole saas apocalypse via vibe coding internally narrative is mostly a distraction & quite nonsensical. no company will want to manage payroll or bug tracking software. but the real potential threat to almost all saas is brutalized competition. i.e. ai doesn’t need to magically recreate salesforce. it just needs to make it trivial for tiny teams to deliver functionally equivalent outcomes at a fraction of the cost. once that happens, pricing power potentially collapses. imagine payroll… today you’re paying a fat margin for “trust + compliance + saas software” that increases prices so fucking often. like we have a startup & everyone is charging us up the ass for everything on a per seat basis. you can imagine tomorrow a 2 person shop empowered by ai can ship the same output, hit the same regulatory checkboxes, & charge 70% less because their cost structure is basically nil. today saas margins exist because: - engineering was scarce - compliance was gated - distribution was expensive ai nukes all three in many ways, especially if you’re charging significantly less & know what the fuck you are doing when using ai. if you go to a company & say we will cut your fucking payroll bill by 50%, they will fucking listen. the market will likely get flooded with credible substitutes, forcing prices down until the business model itself looks pretty damn suspect. someone smarter than me educate me on why this won’t happen please.

@NUCLRGOLF It would be so awesome to suck less

🚨⛳️🗣️ #DISCUSSION: Without telling us your handicap, what's a line you say at least 20 times per round?

@jasonc_nc @alz_zyd_ Un Bien #1, Seattle

Tell me the best sandwich you’ve ever had - what it was and where. I’m going to dedicate myself to researching this topic extensively, in America and abroad, over future decades. This is now my white whale.

@buccocapital Big agree

I disagree with this. I think if you can see a path to 7 figs in your 30’s you have to go for it The ability to take your foot off the gas, even just a little bit, as your children grow up, is genuinely incredible This is not binary. You can still have fun in your 20’s. But I am telling you, getting to a comfortable spot in your 30’s is worth the grind I worked the weekends in my 20’s to get myself to a place where I can go to almost every game/practice/pick-up/drop-off and I wouldn’t trade that for anything in the whole world

@dibbaa_code Moved here earlier this year, sat at a trendy brunch spot listening to a girl explaining her job in UX design because her friend had never heard of that. Refreshing.

i feel like you should only live in SF for 3 months at a time, then leave for a bit and come back. just to step out of the bubble and stay in touch with reality every now and then. just came to seattle and nobody’s building voice agents here lmao

@JasonSobelGolf 3x actually

Since Scottie Scheffler essentially qualified for the U.S. Ryder Cup team twice, he should be able to play multiple matches at the same time or just partner with himself at Bethpage.

@haridigresses @bgurley Hari I got 39 shares from Robinhood, I am rich now, good luck staying poor

Time for a quick rant on the deeply broken IPO process. @bgurley has been beating this drum for years, but I don't think anything paints the picture quite as clearly as the Figma IPO. Figma tripled in its IPO debut, leaving ~$2B+ on the table. That value solely accrued to the investment bankers (who provide "price support" during the listing, what a joke), and institutional investors (yes some of this is Blackrock and your retirement ETF, but let's be real most of it is not). Retail investors get left in the cold... Robinhood investors are posting that they got one share, instead of the 600 or 1,000 shares they tried to get. Even HNW investors (who are not UHNW) got zilch... apparently the vast majority of Morgan Stanley PWM clients got no allocation either (and they were the lead underwriter!). This IPO was so obviously mispriced that it should be considered the equivalent of investment banking malpractice. Don't even get me started at the charade of "oh we'll start at $25-28; no no it's now $28-30; never mind it's $33". You might say: "but Hari, how could they know? they needed to play it safe to avoid a bad showing on day 1." Do I have a response for you... 1. Anyone who's ever done a DCF, or used Figma, or worked at a startup/ could have told have told you $33 was too cheap. My estimate is that they're worth $50 - 90 / share ($55 being very very conservative and $70-90 is probably the reasonable range... and shocker, that's where it's trading at the open). 2. There is basically no correlation between how a company does in its IPO vs. it's long term success. 3. Figma didn't even really need the money, they've been profitable for a while. 4. We have a mechanism for price discovery! It's called a direct listing! It's called private secondary markets! Spotify, Coinbase and others have already paved this way. Figma, for some baffling reason, chose not to follow this path. Between selling stockholders (24M shares) and Figma's offering (12M shares), they left billions of dollars on the table. In fact, Figma studiously banned all secondary transfers for years (I would know, I've been trying to buy into the company for years, been a customer and massive fan since like 2019). The process is even run by bankers, but they make lower fees so they don't like it, of course. Two very simple takeaways: 1. If you're profitable and don't actually need the cash, do a direct listing. Anything else is not the responsible thing to do as a company. 2. If you're a consumer or prosumer brand, you should really carve out an allocation for your customers and fans. Airbnb did a terrific job with this. Figma should have, too. I'm still a fan, but damn would I have loved to support the company earlier in the journey.

@ankurnagpal There appear to be some surgical things, but the CPAP is honestly great after you get used to it

Just got diagnosed with moderate to severe sleep apnea Would love to know anyone that has successfully cured this with lifestyle interventions etc. No overweight / general metrics and health pretty good, would not have noticed this if not for a test at a longevity clinic

@jnnnthnn Would also love to try it!!

looks like we're getting fourth of july fireworks early -- testflight link went viral again 🙃

@diabrowser Custom shortcuts coming soon? I do a lot of Google Sheets, and CMD + SHIFT + E is the "center align" shortcut, and it keeps bringing up the AI chat, and I use "center" more than I use the AI chat :(

Feature, not a bug

@nikitabier lake como least functional transport place I’ve ever been to, can’t be topped

Lake Como is one of the most beautiful places in the world. On the other hand, I just stood in 90° heat for the last hour trying to flag a taxi—only to have 12 Italian drivers tell me “no, you must book in advance” while smoking a cigarette. Adam Smith is in shambles.

@joshm @diabrowser @tfeener @joshm I’ve seen a ton on writing, shopping, summarizing news skills — primarily from consumer use cases. Can I volunteer to be a test dummy for work use cases? I’m talking research behind proprietary sources, way deeper integration into things like Slack / GDrive, etc.

Here is what's coming to @diabrowser this summer: 1. Vertical memory for Skills 2. Reasoning models in Skills 3. Skills developer platform (apply below) The one and only @tfeener explains:

@charliedeets Yes but even more densely packed for the true tab sickos

Vote yes.

@USGA Pick meeeeee!

Should we? 🤔

@JustinThomas34 @usopengolf I volunteer as tribute!

So much talk about “what would X handicap shoot at Oakmont”… Why don’t we find a way to make it happen? Have a 5, 10, 18 whatever handicap play Monday after the @usopengolf. Back tees full rules of golf, and see what happens? May have to let a few groups thru and allow for 6-7 hours but I think we’re all here for it, no?? 😂

Gotta love that o3 chose DocuSign as a comp here Call that SEO for AI

Obviously make it a competition: Highest market cap company rotates in