51–60 of 123 posts
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many, many, many years
It's a rounding error in some of the budgets that startups deal with. It becomes closer to the situation with the Long Now, which is a clock to last 10,000 years. With LLMs, even the moderation becomes an fixture in the project that can endure. With Solar and a GPU and some Internet.
One thing that makes me sceptical about Y Combinator is their emphasis on in-person meetings and USA-centric approach in general. Firstly, unless you and your co-founders permanently relocate, you could start to burn through that $500k pretty quickly in travel costs. Is relocating to the USA legal for you? Will it cost you more money compared to your current cost of living? Do you have existing staff or facilities th…
Edit: I should also add that YC is trustworthy as well (easy to underestimate this part).
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This is simply not true. The optimum path for all startups is to either bootstrap entirely or bootstrap up until the Series A where your negotiation position is the strongest because you know your unit economics and can demonstrate clear product-market fit. Of course many startups may simply not be able to bootstrap. But equally there are many startups who could but choose the YC/VC track because of cargo culting, na…
Bootstrap is more likely to hit a 10M exit VC funded is more likely to hit a 1B exit Depends on goals…. And yes I chose bootstrap.
There have only been a few VC backed companies that had billion dollar exits...only a few dozen that have even had profitable exits...which is about the same number of VC backed companies that have actually achieved profitability (but there is little overlap between these two groups)
Bootstrapped companies are more likely to survive, and thrive, than VC-backed companies. You just don't here about them much because they've got realistic business plans, and that's not sexy to read about.
Earlier quoted context omitted.
It's a rounding error in some of the budgets that startups deal with. It becomes closer to the situation with the Long Now, which is a clock to last 10,000 years. With LLMs, even the moderation becomes an fixture in the project that can endure. With Solar and a GPU and some Internet.
Did someone invent working LLM-based moderation? Serious question; it'd be interesting.
Yes there are LLMs useful for such things and you could use them to make moderation decisions. YMMV with how "good" you want your moderation to be.
Earlier quoted context omitted.
It's a rounding error in some of the budgets that startups deal with. It becomes closer to the situation with the Long Now, which is a clock to last 10,000 years. With LLMs, even the moderation becomes an fixture in the project that can endure. With Solar and a GPU and some Internet.
Did someone invent working LLM-based moderation? Serious question; it'd be interesting.
It actually does a better job than the stock "this comment does not go against our community standards" response you get from the human moderators of any social network.
Given it’s a corporate blog and YC will still be on the cap, what’s the point of the leading question?
You know, I've been reading Hacker News for god-knows-how-long, and it never occurred to me to look up what Y Combinator even was.
I feel like I used to see a lot more Launch HN, Y Combinator batches, etc. Or maybe I started tuning them out
One thing that makes me sceptical about Y Combinator is their emphasis on in-person meetings and USA-centric approach in general. Firstly, unless you and your co-founders permanently relocate, you could start to burn through that $500k pretty quickly in travel costs. Is relocating to the USA legal for you? Will it cost you more money compared to your current cost of living? Do you have existing staff or facilities th…