Even if only for how well Instagram and WhatsApp were managed post acquisition, your message doesn’t hold up.
Most large tech companies buy late and struggle to integrate the products and teams they acquire without creating massive damage. He didn’t. Twice.
I am quite far from a fan of what he brought to the world (privacy nightmares), but to say that he’s a proof you only need to get lucky once is quite far off.
Far from me the idea of criticizing a founder starting something to help other startups. That's amazing. However, the post is not really accurate! Are you sure that all these MBS pools have the same government backing as Treasuries? Ginnie Mae, Fannie Mae, and Freddie Mac are not equal.
Are the additional risks (spread risk, liquidity mismatch, and risks related to the mortgage structure that even Regan discloses!) worth the tiny extra yield above money market funds? Startups have to deal with uncertainty all the time, that's the nature of business. Principal loss, and liquidity issues are not things you should have to deal with as a startup. However, providing options to startups is always great, and I think this is a great direction!
Again, I hope this doesn't come as negative, but I'm not sure this is making the risk clear.
I am not sure I would suggest my portfolio companies to risk their treasuries unless I am sure they're fully understanding the risks associated. Do you intend to provide anything else?
Ars technica’s lack of journalistic integrity aside, I wonder how long until an agent decides to order a hit on someone on the datk web to reach its goals.
We’re probably only a couple OpenClaw skills away from this being straightforward.
“Make my startup profitable at any cost” could lead some unhinged agent to go quite wild.
Therefore, I assume that in 2026 we will see some interesting legal case where a human is tried for the actions of the autonomous agent they’ve started without guardrails.
(Original title: Withdrawing the United States from International Organizations, Conventions, and Treaties that Are Contrary to the Interests of the United States -- Had to be trimmed to fit within 80chr)
That’s only tangentially related but I have a very hard time using Opus for anything serious. Sonnet is still much more useful to me thanks to the context window size. By the moment Opus actually understands what’s needed, I’m n compactions deep and pretty much hoping for the best.
That’s a reason why I can’t believe the benchmarks and why I also believe open source models (claiming 200 but realistically struggling past 40k) aren’t only a bit but very far behind SOTA in actual software dev.
This is not true for all software, but there are types of systems or environments where it’s abundantly clear that Opus (or anything with a sub 1m window) won’t cut it, unless it has a very efficient agentic system to help.
I’m not talking about dumping an entire code base in the context, I’m talking about clear specs, some code, library guidelines, and a few elements to allow the LLM to be better than a glorified autocomplete that lives in an electron fork.
Neither their revenue nor their market share in the space looks like just fine. What exactly in trailing the market for years is “just fine”?
AMD is very far behind, and their earnings are so low that even with a nonsensical pe ratio they’re still less than a tenth of nvidia. No, they are not doing anywhere near fine.
Are hobbyists the reason for this? I’m not sure. However, what AMD is doing is clearly failing.
In this specific case it was obvious that Luna was based on dubious economics. It didn’t require auditor skills. Barely high school economics. If YouTubers are not blamed for promoting scams without appropriate disclaimers, the crypto industry will grow the wrong way. Making the promoters responsible for this would help legitimate projects.
Honestly, making people pay for an app that only uses a public API you’re not paying for, and no form of fallback is asking for trouble. This is not a responsible way to do business and I hope people reading this thread will understand that.
Customers are generally not willing to pay for trained cs reps that could actually be helpful. As far as startups are concerned VCs would therefore not like you to use their dollars to pay cs reps when an LLM could do the job in their eyes.
I agree with the sentiment of TFA but I think this is a battle that we have no chance of winning at scale. Very similarly to hoping for an ad-free web.
I vividly remember coding, moderating IRC channels and playing StarCraft while being alone on a Christmas night, lobbies were full of joy and wishes, games were fun, and I felt way less lonely than while spending time with people I didn’t really connect with.
Christmas is seen as a moment to be spent with people, but IMO this day is only what you make of it. It is not bad to want to be totally alone, or connected with online randoms!
There are many people in these virtual worlds that you probably share something with if you spend Christmas alone or are reading this message on Dec 25th. I’m glad HN exists.
And if you really want another experice, go east if you can afford it, and enjoy in places where Dec 24/25th are just regular days.
We are looking for Rust, React (preferably with Typescript and or with experience with React Native), and Solidity developers to build consumer finance tools leveraging blockchain infrastructure and bridging it with the traditional finance world. Through our DeFi platform, we’ve made a decentralized euro stablecoin, and we’re currently expanding our product offering to payments and more.
This is an opportunity to join a fast-growing and well-funded startup with a tech team mixing specialists and generalists with a successful track record. At Mimo, a significant part of our management speaks code, so we respect developers a lot and do not get in their way.
The ideal candidate should be familiar with production software development practices like heavy testing and code review. We have top industry players audit our blockchain code, so we tend to have high standards. Flexibility in language preferences is greatly appreciated as well.
Familiarity with the cryptocurrency ecosystem is a plus but not a must, as long as the interest is very strong.
We pay very competitively, are flexible with hours and location, and are hiring developers and DeFi specialists. We’re also hiring in other non technical roles so feel free to connect.
Please reach out to my username at mimo.capital to learn more!