Are these guys public? Can I short them? Oh, even easier maybe just wager on Kalshi?
They raised about a billion in their IPO. They're listed on the Nasdaq [0].
Affirm Retooled for Agentic Software Development in One Week
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Re: Affirm Retooled for Agentic Software Development in One Week
#12Good thing that didn't require two weeks, as that is about 14 attention spans.
Re: Affirm Retooled for Agentic Software Development in One Week
#13Headline soon: Affirm lays off 799 software developers Headline later: Affirm data breach exposes personal details and bank information of millions of users
I'm also waiting with bated breath for "How Affirm Retooled its C-Level for Agentic Decision Making and Execution in One Week", and the follow-up headlines from that. Any time now.
Re: Affirm Retooled for Agentic Software Development in One Week
#14Headline soon: Affirm lays off 799 software developers Headline later: Affirm data breach exposes personal details and bank information of millions of users
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Re: Affirm Retooled for Agentic Software Development in One Week
#15Nice, this reminds me of how I do this in my spare time. My current employer is still figuring out how they want to do AI coding.
Re: Affirm Retooled for Agentic Software Development in One Week
#16having tried to wrangle this on my own over months and still seeing gaps everyday i have to raise severe skepticism on this lol. you mandate and "solve" this in a few weeks over 1:N channels and measure on a metric that nobody even fully understands yet = someone getting paid to bullshit some metrics on agentic productivity to executives. i agree with other posters, 12 months until a dumpster fire of shit reveals its…
I’m in the cutting edge of agentic dev at my company, but there’s no way they could have rolled this out in a meaningful way in two weeks. I can barely get a repeatable process, let alone one that I can actually teach everyone else.
“Decide upfront” is a load of crap. I can write the “perfect” spec plan, but we always, always miss something or misunderstand something. Agents will follow a high confidence spec blindly because they think it’s the blessed pattern.
To me, it sure looks like they took a “best practice”, stuck it in the flow chart then demand everyone use it.
I see zero details about how they actually learned what their devs need, how they know devs are getting value out of this, and what problems devs are trying to solve with agentic tooling.
Re: Affirm Retooled for Agentic Software Development in One Week
#17Any bets on how long it'll take for a security breach, now that every attacker knows affirm is vibe coding 60% of PRs? I feel like these top down mandates miss the forest through the trees -- in isolation claude code is a speedup, like how sometimes WD40 is the right tool for the job. But when applying it to everything, you end up with a sticky mess.
The funny part is that I never heard a professional tell me I should use WD40 for a specific task. It's been developed for (W)ater (D)isplacement, it's really good for that; and it's passable at other tasks too. For DIYers, it's fine.
For professional use-cases, targeted products are preferred, whether they be lubricants, penetrating oils, rust remover, etc.
Re: Affirm Retooled for Agentic Software Development in One Week
#18> The window to retool is now open, while the models are capable and the costs are low. That window will not stay open forever.
Or the window to get hooked is now? Or do they have an open model backup plan?
> We believe the companies that leap will stay ahead, the ones that wait will be leapt over.
FOMO is the same as last week.
Re: Affirm Retooled for Agentic Software Development in One Week
#19Affirm is on its way out anyway, so really this is one last Hail Mary to try to prop up the company, they don’t have much left to lose.
I don't have a horse in this race, but I'm curious. Could you please shed some light on why they are on their way out? I'm from Poland and they seem to keep hiring here. Afaik most of their engineering department is in Poland. At the same time, I don't understand the product as credit cards are not popular here and Affirm as a product isn't available in Poland anyway.
Re: Affirm Retooled for Agentic Software Development in One Week
#20Affirm is on its way out anyway, so really this is one last Hail Mary to try to prop up the company, they don’t have much left to lose.
I don't have a horse in this race, but I'm curious. Could you please shed some light on why they are on their way out? I'm from Poland and they seem to keep hiring here. Afaik most of their engineering department is in Poland. At the same time, I don't understand the product as credit cards are not popular here and Affirm as a product isn't available in Poland anyway.
They loan money to people that have either bad understanding of money, or who no other lender will work with. A lot of their revenue also rely on discretionary spending on consumer goods (the kind of stuff that people stop buying first when things go badly).
They kept getting surprised by how many of their loans go unpaid on top of all that.
So they are lending to the riskiest consumers, and they kept underestimating the risk, though they might have fixed that. The past three quarters they have finally become profitable, but given their portfolio of risky consumer loans that are unsecured, any kind of economic downturn could really hurt them.
They aren’t really on their way out right now, but they are in a dangerous position if, say, some global economic event were to cause a massive economic shock…