I feel like the whole market at this point is just AI since big tech other than Apple are all massively invested into that. Everyone owns either the S&P or the total world ETF which are both heavily skewed towards big tech and this trade - so literally everybody is in it. It might go well for a few more quarters/years but once something breaks or gets exponentially cheaper this will take down the whole market with it.
If only Austria would do nuclear than the grid would not need an expansion and electricity would be way cheaper. Or alternatively fracking could be used to increase the domestic gas production. There are plenty of reserves.
Would not necessarily call it a meme stock as long as people are trying to value it based on future uncertain cashflows. Nobody knows for growth stocks how high they'll be; that's why they're very volatile. Yet I'd argue that most people buy for the future cashflows and it's not a meme cult like GME
Fully disagree. Tokenization enables better financial markets. Bitcoin is the useless asset since it's proven that productive assets (think stocks) are better store of values than unproductive ones (think gold). Ethereum in that sense is productive because you can stake it for a yield and collaterize it natively to borrow against it and you can tokenize anything on top of it.
what you say makes sense. we have been struggling with finding a customer acquisition channel that is scalable. However, there are situations in which customers prefer to implement custom solutions & not use a SaaS. In that sense no code is more a competition to web development agencies than to a SaaS business. In order to acquire a new customer you need to find someone who wants to build an app now & needs a custom solution
You are right about the fact that there is already a specific SaaS business for every use case that can be standardized.
However, what our customers build on Chartmat (also a no code tool) are custom solution: e.g. a therapist who has her own approach & wants to have an app for that approach that serves around 100 people. She could not use a custom SaaS because that would be following the approach of another "guru" in the industry. So there would not be a personal connection between her & her customers. Also for around 100 customers she would not want to hire a web dev agency to build a professional app. So that is kind of one of the use cases where a no code tool makes sense.
Another scenario is the following: let's say you are a small business (<5 employees) & you need a SaaS for time recording, billing, recording expenses, accounting, collecting customer information -> things that many small businesses like law firms need. Now you could have either 5-6 SaaS solutions for this or you could use one no code tool & process everything through one tool kind of like an ERP for small businesses and solo entrepreneurs. So you would end up paying 29$/month instead of 5 x 20$. Additionally you could easily consolidate all the data that matters in one single dashboard.
I'm semi-technical & worked mostly in non dev roles. I've been coding apps all the time in my previous jobs. Mostly this was done in JIRA or Excel - creating a workflow, validating new data that comes in. Easy repetitive things that frustrated everyone on the team & myself the most. Now I am helping other to do this as the co-founder of a no-code SaaS (Chartmat). the amount of people who love to build without depending on devs is mind-blowing. I'm looking forward to this next decade in which building websites, dashboards and apps becomes more of a commodity that everyone can do and devs move on to more complex and critical functions such as writing smart contract & scaling apps.
hey there, here is Rob, co-founder at Chartmat. Congrats on your Launch. this looks amazing. Also super interesting thread on HN.
At Chartmat we also provide internal apps, forms & dashboards (we are at an early stage though). however, we are targeting non-technical users (no-code niche), since we found it hard with our previous low-code iteration to get enough users.
I wish you guys all the best on your way & I'm always happy to exchange experiences. Keep the good work up!