81–90 of 241 posts
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> I just see "rent a vm and play with us", To be clear, you cannot rent anything from us: you are buying a rack-scale system.
True, rent was the wrong word. I was referring to this: https://oxide.computer/remote-access
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Ah nice, I thought for a second it was more vertical with its own hardware (which has its pro and cons, maybe it's in your plans..). Would that work as a SAAS? Or price per hardware device/machines I can create?
We have built our own hardware, yes. > Would that work as a SAAS? Or price per hardware device/machines I can create? I'm not 100% sure what you're asking. You could use this to build your own SAAS business if you'd like, but you can't rent the hardware from us, or run your software on hardware we own, if that's what you mean.
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True, rent was the wrong word. I was referring to this: https://oxide.computer/remote-access
Ah yeah, this is something new I frankly forgot we have. I don't personally know how well it specifically converts.
One thing I've been listening for in the podcasts is a discussion of equity. I'd love to get the company's perspective on equity, options, liquidity, etc. The Silicon Valley Way (tm) of using stock options to "juice" compensation while injecting large amounts of risk and drama into the employee's tax returns is certainly something I'd like to hear Bryan's (and Oxide's) take on.
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Equity is mentioned in the previous post: > Some will say that we should be talking about equity, not cash compensation. While it’s true that startup equity is important, it’s also true that startup equity doesn’t pay the orthodontist’s bill or get the basement repainted. We believe that every employee should have equity to give them a stake in the company’s future (and that an outsized return for investors should al…
Yeah, but equity is very standard in SF startups, Oxide actually goes in the opposite direction, by reducing weight from equity and placing it on salary.
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We have built our own hardware, yes. > Would that work as a SAAS? Or price per hardware device/machines I can create? I'm not 100% sure what you're asking. You could use this to build your own SAAS business if you'd like, but you can't rent the hardware from us, or run your software on hardware we own, if that's what you mean.
Ah now I understand what you meant with "You are purchasing hardware", I missed completely that point. "You are purchasing hardware from us" :) yeah, then it's what I originally understood. Good :) so I guess one time payment, I get the hardware, I set up with your software into your hardware that I purchased and then I should be good.
We sell support too, but yes, fundamentally it's a one-time payment: we don't have software licensing fees, for example (and the vast majority of it is open source). You're purchasing physical hardware.
> I set up with your software into your hardware that I purchased and then I should be good.
You don't even need to set it up! Heck, the rack comes pre-cabled. You roll it into the data center, hook it up to power and internet, turn it on, and get going.
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Ah yeah, this is something new I frankly forgot we have. I don't personally know how well it specifically converts.
It is the primary CTA on your website, so maybe it isn't converting well if you forgot about it. ;-)
I like it a lot and their thoughtfulness about it but it's a little hollow when they're spending investor money. I'd like to see how this model evolves once they're off the vc teat: when there's a bottom line to answer to, does the dynamic shift? Everyone has an on-site chef when the money vc hose is on. Valve's flat structure was exciting because it wasn't 3 vc's in a coat larping as a business, it was an actual pro…
I wonder why not just make it an employee-owned cooperative at that point? I understand there are funding considerations, and founders won't get the lion share, but it fits the stated values better.
Presumably because it would be untenable to fund a hardware startup that needs to carry inventory as an employee-owned co-op.
That said, I wonder how far traditional bank loans + loans for the founders themselves could have gotten them.
Clearly not as straightforward as just keeping it a private corp and trading funding for equity.