alt Hacker News> for some reason they raised over $400M in funding and hired 1,500+ employees
You know the reason. A bunch of people were able to take home a lot of money because of that growth and now have the option to FIRE themselves whenever they want to shake off the stress.
That's the founder mentality that Y Combinator exists to leverage or encourage and it's ubiquity is what separates the prevailing 21st century technology movement from the nerdy, academic, UNIX-y movement that gave us GNU, linux, curl, ffmpeg, redis, etc
We got to watch innovative products get pumped full of helium until they explode with bloat and rent-seeking instead of accumulating a growing foundation of sturdy technical building blocks as we could have had on the other path.
AI now leads us into some new movement, the worst version of which a few model vendors protected by regulations absorb almost all technical accomplishment and lease it back out to everybody else, and the best version of which democratizes technical construction so widely that individuals can naively spin up effective solutions for the most idiosyncratic needs.
We'll see how it goes.
Replies
Articulate and well spoken - I hope that through threads like these that especially tech newcomers discover that there are alternatives to the YC founder mentality of "growth at all costs". A more gradual approach that respects users is also better for founders. You may not retire at 35 with some big exit or raise, but why is that the goal anyway? Build something that respects your users and you can see yourself working on for 30 years, living comfortably and in moderation.
A minor tweak to The Parable of the Mexican Fisherman[1]:
The venture capitalist laughed and said, “That’s the best part. When the time was right, you would announce an IPO, and sell your company stock to the public and become very rich. You would make millions!”
“Millions – then what?”
[1] https://aliabdaal.com/newsletter/the-parable-of-the-mexican-...
I'm already enjoying the second version. I just hope we get to keep it.
Hoarders can get piles of money,
That is true, hackers, that is true.
But they cannot help their neighbors;
That's not good, hackers, that's not good.
Join us now and share the software;
You'll be free, hackers, you'll be free.
-- The Free Software Song, as written and sung by rms
Well put, hopefully it's the latter version.
Enshittification and private equity are synonymous. Strange that people are still surprised by this.
> AI now leads us into some new movement, the worst version of which a few model vendors protected by regulations absorb almost all technical accomplishment and lease it back out to everybody else, and the best version of which democratizes technical construction so widely that individuals can naively spin up effective solutions for the most idiosyncratic needs.
Yeah and the issues from these vibecoded one-off programs will be felt for generations.
I got out of IT partially because I could see the writing on the wall. The "load bearing Excel sheet" is one thing, manageable if you could catch the person who wrote it in time before they depart or die and know your way around Excel - there's only so many ways to achieve a desired goal (unless the author used VBA, at which point all bets are off, and I member encountering a spreadsheet that macro-called in a DLL shipped together with the sheet).
But vibe coded AI bullshit? That is supposed to be hosted by someone and kept secure (i.e. isn't hackable in a few seconds by anyone who manages to compromise some dingus's laptop? Oh hell no. I'm outta there, I'm too old for this crap.
trying to make money off an invention is perfectly reasonable.
It’s definitely the best version. I’m seeing so many amazing open source projects since people who once had the vision, but not the coding chops, can now build what they imagine. I myself am building a personal OS that connects to everything and it’s way more fun to build things and use them yourself vs just paying for some other software. Especially when that software can be enshittified or start to squeeze its users like you mentioned.
I miss the UNIX-y movement so much :(