Amp, Inc. – Amp is spinning out of Sourcegraph
1–10 of 42 posts
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#2[deleted]
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#3I’d love to know the internals here. Is equity being split? Seems like a legal minefield to split a company like this.
Amp was built by Sourcegraph, so I assume all investors and employees of Sourcegraph now get equity in Amp?
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#4I’d love to know the internals here. Is equity being split? Seems like a legal minefield to split a company like this. Amp was built by Sourcegraph, so I assume all investors and employees of Sourcegraph now get equity in Amp?
I have no insight, but I would assume it's a 1-1 sort of split, that is that everyone that previously had one share of sourcegraph now has one share of sourcegraph and one of amp? That seems like the least legally fraught way to do it.
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#5What are the chances we see local models rendering these paid IDEs useless? I presume it will be a very long time before we see a good enough local model that can compete with their ad supported frontier models on the vast majority of machines out there (I presume most people don't have the latest and greatest)?
I was watching the CEO of that Chad IDE give an interview the other day, they are doing the same thing as amp just with "brain rot" ads/games etc instead (different segment, fine), they are using that activity to produce value (ads/game usage or whatever) for another business such they can offset the costs of more expensive models. (I presume this could extend out into selling data also, but I don't know they do that today)
Congrats to the amp team on all the success btw, all I hear is great things about the product, good work.
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#6I’d love to know the internals here. Is equity being split? Seems like a legal minefield to split a company like this. Amp was built by Sourcegraph, so I assume all investors and employees of Sourcegraph now get equity in Amp?
No insight here either, but I would guess it is a spin-off ... mostly because it is a US company and in the US spin-off's are generally tax free to both company and shareholders.
Spin-off is where the parent company creates a subsidiary and distributes the shares in the subsidiary to the existing shareholders. So the shareholders end up holding shares of two companies. Share allocation is done on a pro-rata basis so each shareholder still has the same exposure they did before.
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#7much easier to raise money as a frontier lab
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#8You have to pay by the token, without being able to use your subscription, right? If so, is it better enough than the coding agent that the others ship with to make up for that loss? This is a crowded space.
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#9Is Amp the thing that supplanted Cody (which was either developed or acquired by Sourcegraph, can't remember)?
Re: Amp, Inc. – Amp is spinning out of Sourcegraph
#10Can folks who have compared Amp with other agents share their experience? Some of my colleagues swear this is the best agent out there.