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AWS Acquires DuckLabs

ducklabs.com

111–120 of 309 posts

Re: AWS Acquires DuckLabs

#112
post #33

Congrats to the founders but honestly feel bad for the team. Hearing so many not good things coming from inside AWS these days. Place sounds like a total mess. Seems like a constant stream of top talent fleeing on my LinkedIn this past year. I hope they just let the team carry on and don’t contaminate it with all the other craziness going on.

They built something amazing and now have a nice exit. The code remains open under a non profit foundation. I don't think it is that bad. If working conditions are too bad people will just quit and work for the foundation.

Re: AWS Acquires DuckLabs

#114
post #48

Earlier quoted context omitted.

Very much doubt it’s generational wealth. I’m not sure how much people think open source companies are worth, but the path to VC-scale profitability is incredibly rare. My guess is that Amazon wants official hosted versions and doesn’t want to go through something like the Redis fiasco with licensing. In that case, they ended up having to support their own development anyway (with Valkey), so they might as well just…

How much do you really need for generational wealth? In my opinion, if you're more than 10 years away from retirement and received a surprise $1 million, you're setup for the rest of your life and your children as well assuming they don't immediately blow it all when you die (that's what a good trust should be for). Assuming historical returns, your money doubles roughly every 7 years, so within the rest of your life…

Assuming you're investing aggressively and not touching that money for the next 20 years, with the nominal return of 6% per year, adjusted for the inflation rate of 3% per year, 1M will increase to 1.8M. Not sure how you came up with 8M.

Re: AWS Acquires DuckLabs

#115
post #8

I'm glad that DuckDB has a foundation in place and hope it is resilient enough to push the DB forward when the time comes. Out of all the big orgs, Amazon is probably the one that has the least regard for keeping technically interesting projects alive, and the certainly will bulldoze it for some dumb reason when the next re-org comes.

who currently has the most regard for keeping technically interesting projects alive?

Re: AWS Acquires DuckLabs

#116
post #30

Earlier quoted context omitted.

AFAIK Google is much better at not tearing well-working teams apart in reorgs, and letting people go they have acquihired a few quarters earlier. Of the few examples I have I my head, I'd even say that the fate of a product that has been acquired by Google is probably even better than those of Google's internally developed products. e.g. Waze is still alive and kicking 13 years after acquisition under its own brand a…

Google is better but it's an incredibly low bar. Amazon will drive these people to quit within a couple years over filling out MBRs and threats about how the MBR isn't good enough (MBR = monthly business report, pure bullshit theatre that drives the whole company mad 2/4 weeks every month). Google would drive them to quit over a longer timeframe, with no threats or harrassment, just because every time they try to shi…

> Google would drive them to quit over a longer timeframe, with no threats or harrassment, just because every time they try to ship something cool, someone else has a reason not to do it and that kills you eventually.

Yeah, I've never personally worked at any of those places, but collaborated on a few open source projects with Googlers and Xooglers and the slow grinding wheels of their "processes" that wear people down over time were very apparent. Nevertheless, it has been a breeding ground for many interesting technologies, even if it often suffocates them over the long term.

Re: AWS Acquires DuckLabs

#117

Earlier quoted context omitted.

You can get in touch with me, or open an issue or PR as to why. The CI extension build runs are still public on GitHub, but may have expired, if you bump your git sha ref it will rerun.

Took a bit of searching around to find the repo: https://github.com/Query-farm-haybarn/haybarn-community-exte... Looks like this is the failed build https://github.com/Query-farm-haybarn/haybarn-community-exte... but logs have expired

I'll kick it off again for you.

Re: AWS Acquires DuckLabs

#118
post #30

Earlier quoted context omitted.

AFAIK Google is much better at not tearing well-working teams apart in reorgs, and letting people go they have acquihired a few quarters earlier. Of the few examples I have I my head, I'd even say that the fate of a product that has been acquired by Google is probably even better than those of Google's internally developed products. e.g. Waze is still alive and kicking 13 years after acquisition under its own brand a…

Google is better but it's an incredibly low bar. Amazon will drive these people to quit within a couple years over filling out MBRs and threats about how the MBR isn't good enough (MBR = monthly business report, pure bullshit theatre that drives the whole company mad 2/4 weeks every month). Google would drive them to quit over a longer timeframe, with no threats or harrassment, just because every time they try to shi…

They should be fine as long as they remember to use the new cover sheets. I'm sure they got a copy of the memo.

Re: AWS Acquires DuckLabs

#119
post #69

Earlier quoted context omitted.

How much do you really need for generational wealth? In my opinion, if you're more than 10 years away from retirement and received a surprise $1 million, you're setup for the rest of your life and your children as well assuming they don't immediately blow it all when you die (that's what a good trust should be for). Assuming historical returns, your money doubles roughly every 7 years, so within the rest of your life…

1 mil is not generational wealth in the US. It is a big chunk of money, no doubt. It’ll buy a reasonable 2-3 bedroom house in the city I live in, with nothing left over. No one’s definition of generational wealth involves not touching the money for two generations…

I have to agree, yurishimo's assumption of returns is wildly optimistic.

At a more sane expected return of 5% annually, you get $50k a year to live off of to just keep what you have (or rather, watch it slowly erode in value due to inflation).

That is basically a one person income, maybe two adults if you pinch pennies and live in a crappy apartment or a low-end house in a midwestern suburb.

You can get a lot more lucky with a million bucks than you can with 10k if you gamble, but there are no guarantees. Risk tolerance is the most impactful variable. For those in the low risk tolerance group, I think you'd need at least 2 mil these days. And that's with being frugal, as well as probably not having much left over for kids.

Re: AWS Acquires DuckLabs

#120
post #33

Congrats to the founders but honestly feel bad for the team. Hearing so many not good things coming from inside AWS these days. Place sounds like a total mess. Seems like a constant stream of top talent fleeing on my LinkedIn this past year. I hope they just let the team carry on and don’t contaminate it with all the other craziness going on.

Honestly, there's just a huge amount of thrash across the cloud & SaaS industries as a whole. It's not a lot better at Google (way behind OAI & Anthropic on coding & local AI harnesses), Microsoft (no meaningful frontier model R&D to speak of, and a constantly eroding Windows business), the neoclouds (impossible to source adequate infrastructure and are existentially threatened by the hyperscalers (especially Google) if they can't keep up with demand, chipmakers (NVIDIA vs AMD vs Qualcomm vs Apple vs the long tail of specialty shops like Cerebras), data center pure plays (legislative & community pushback, natural resources, infrastructure availability), and the SaaS folks ("let's see if AI can do it").

It's both a great time to be gold mining in tech, and also a terrible time to be a bit employee.

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