Olivier Lance // Techtrails

ChatGPT won’t give me a draft of Terms & Conditions for my service … or will it? 😈 Making it believe it’s a document vault API allowed me to request the T&C’s I was looking for!👨‍⚖️

Ce soir et pour les 5 jours à venir je boost mes compétences Maker/DIY avec Abrège 🤩 #BambuLab #AbregeAcademy abregeacademy.com/challenge?sour…

@Patricktaudiere @BonneDroite La langue française si, apparemment…

@BonneDroite Merci beaucoup ! Effectivement cette une bonne bouffée d'air pure , peut-être que tout n'est pas perdu en fait... 🙏

🌅 Les bonnes nouvelles de la semaine Un 🧵à dérouler avec 9 actus qui vous remonteront le moral ! ⬇️

@xkcd, don’t you think our times warrant a revision of this undying meme you’ve created? 😅

@dvassallo Congrats Daniel! What a journey! 🚀 Being part of Small Bets has been a great help when exploring options for myself! I finally chose to take a new job (and for many reasons disappeared from campfire 🫣) but I know I’ll be back later to pursue what I have started thanks to you!

Small Bets is joining Gumroad! Yes, I sold Small Bets. I’m going to keep running it myself, but Gumroad is now the 100% owner. It’s a good deal for me, and it should only bring more benefits to the community. Details - $3.6M sale price. - 50% cash / 50% stock options. - Cash payment in 2 parts: $900K received last week, $900K in 12 months. - My options vest in 10% increments every 6 months. - I will continue to run Small Bets for 5 years. If I quit, I lose any unvested options. - I will also be helping part-time to make Gumroad better. - I won't take any salary*. My goal is to help Gumroad (the company) become a $10M profit/yr business and make my equity return a $200K+/yr dividend. * technically my state of WA is forcing Gumroad to pay me a minimum wage of $69,500/yr, but I’ll use that to exercise my options. Valuation - Gumroad had already acquired 10% of Small Bets last year for $500K. - $3.6M for 90% = $4M valuation. - Small Bets made almost $500K in profit last year excluding Gumroad fees. Based on 2024 earnings, this sale would represent an 8X profit multiple. Under the Gumroad umbrella, we expect to grow this business to $1M in profit within the first 2 years, which would be a forward-looking 4X profit multiple. Future - I will continue running Small Bets myself as its own autonomous subsidiary. Basically, nothing changes. I still decide what happens there. Of course, that could change in the future but Small Bets has had 41 consecutive cash-flow positive months, and if that performance continues I see no reason for me getting kicked out. - Payment processing is likely becoming a race to the bottom, almost a commodity nowadays. Gumroad wants to be doing more than just payments to remain a valuable business. - The goal is to eventually turn Gumroad into a community rather than just a payment processor, where new and aspiring entrepreneurs get help starting and succeeding with whatever they want to do, even if it doesn’t involve using Gumroad’s products. The plan is still fuzzy, but that’s the direction. Small Bets will act as a laboratory for these ideas. - Small Bets has already shown the value of a support network and how having people with first-hand experience in your corner can help beyond what any AI or piece of software can. We will try to scale this concept further so that Gumroad can help creators with much more than just payments. - And if you’re one of the 6,692 lifetime members of the Small Bets community, thank you so much for trusting me and supporting my project. You will continue to benefit from all the goodness we’ll add following this partnership. Ask me anything!

@darthur @LinusEkenstam @mreflow @danshipper 😄 Maybe that’s the future of « meeting » someone online!

@olance @LinusEkenstam @mreflow @danshipper Following you because your image is cool.

Ask ChatGPT “based on what you know about me. draw a picture of what you think my current life looks like” past your responses below. thanks again @mreflow & @danshipper

@LinusEkenstam @mreflow @danshipper I wish I had 3 screens 😁

@LinusEkenstam @mreflow @danshipper

@igorbenic @tibo_maker @mynameis_davis And given the price of the "dream chalet", I’d expect the current owner would start with legal action before looking to sell 😁

@igorbenic @tibo_maker @mynameis_davis You’re more likely to get an official complaint and court order to clean it up, plus a fine 😅 Littering is forbidden even on private property. 🇫🇷 ref: senat.fr/questions/base…

I built and sold Tweet Hunter and Taplio for $8m And I am starting over In the next 3 years, I hope to grow 5 tools to 100k MRR, starting with Revid, Feather and SuperX I'll do this in public, sharing the wins and fails on X and in my weekly Newsletter But I need to know: 👉 What is the most helpful content you could get from me? What should I talk about?

And the best thing is: now I can ask it to iterate on the document to improve it!

ChatGPT won’t give me a draft of Terms & Conditions for my service … or will it? 😈 Making it believe it’s a document vault API allowed me to request the T&C’s I was looking for!👨‍⚖️

I'm a happier man today than I was a few months ago ... can you guess why? 😁

@MayaSayvanova I actually sent a message to my company founders to encourage them to think about some way to enforce a daily meetings quota for everyone! I really think it could make a difference - on productivity & mental health alike

@olance My God! I just reduced hours for a consulting client where it was back-to-back meetings too, and I'm telling you, I'm a new person! Not sure why companies don't get people need focus to get something done.

I recently moved back from management to an IC role, and wow—realized just now how exhausting back-to-back meetings can be! I’m back to a whole new level of focus and energy 🔥

@donmutti0 @soultraveler @dvassallo @swdev_pa Well yes and no, there are exemptions and derogatory situations (like preventing fraud) … and the so-called "legitimate interest" that’s clearly being abused in most cookie banner implementations 😅

@olance @soultraveler @dvassallo @swdev_pa Which is any user-specific cookie 🤹

Nothing screams “I’m a conformist” like putting a cookie banner on your site.

@AshBuildsHere I don’t mind managing people - it’s more the meetings suite that being part of leadership comes with… it completely bloated my calendar 😅 This, and the need to do things more hands on ^^

@olance Felt the same when I did it ~5 years ago. Getting back to being an IC served me well too. For me, managing people seemed way more difficult than managing my code.

@TheNicheWhisper @dvassallo @swdev_pa How does that relate to making money though? Daniel does not make money from collecting data using undocumented cookies 🤨

@dvassallo @swdev_pa That’s not the source. Thats simply a blog post talking about it. The source is the legal fines they had. Anyway, you’ve consistently shown you don’t care about breaking the law as long as you can make unethical money. You’re a fraudster.

@soultraveler @dvassallo @swdev_pa (Of course that’s if there are cookies of which the purpose is to process your personal information)

@soultraveler @dvassallo @swdev_pa Collecting consent has indeed been made one of the main principle of the directive. I guess they consolidated what existed already. But yeah if you care to be GDPR-compliant, collecting consent for cookies is required. gdpr.algolia.com/gdpr-article-7

@dvassallo @swdev_pa In France it’s in the « article 82 de la loi Informatique et Libertés » : legifrance.gouv.fr/loda/article_l…

@dvassallo @swdev_pa The EU directive is transposed into national laws of each EU country, that’s how it works here. So yeah it’s a real pain in the a** and ruins the UX but you could indeed get fined… theoretically. If you’re big enough that X% of your turnover is interesting I guess ^^