aral, to DuckDuckGo
@aral@mastodon.ar.al avatar

Duck Duck Go is down because Bing is down.

(Also, you saw the recent AI stuff, right?)

Folks, I know… I use Duck Duck Go also but remember they have venture capital. Enjoy it while it lasts (or let’s fund and build alternatives differently that aren’t temporary businesses with profit motives and exits but commons-owned institutions working for the common good).

Hypx, to Hydrogen
@Hypx@mastodon.social avatar
aral, to random
@aral@mastodon.ar.al avatar

Hello, I am a new startup!

I’m funded by venture capital and free to use.

Please come and make me valuable by using me. Make my numbers go up!

Once you do, I’ll have everything I need and I can do whatever I want with the time and effort you’ve put into making me successful.

Not happy? Fuck you, I don’t need you anymore (network effects FTW, amirite?)… I’m laughing all the way to the bank.

Goodbye!

Hello, I am a new startup…


When are we going to learn to say “no” at the start?

aral,
@aral@mastodon.ar.al avatar

A startup cannot enshittify if you don’t allow it to start up.

Once it starts up, gains traction, and the network effects kick in, you lose the power to do anything about it.

The only time you can kill a venture-capital funded startup is at the very beginning.

The way you kill a startup is by not using its free services at the start.

The correct answer to a venture-capital funded startup is always “no, thank you!”

#startups #ventureCapital #VC #SiliconValley #BigTech

aral,
@aral@mastodon.ar.al avatar

If you want to understand how startups and venture capital work, go to 26:24 on the recording of my talk “Excuse Me, Your Unicorn Keeps Shitting In My Back Yard, Can He Please Not?” from 2016:

https://ar.al/talks/#excuse-me-your-unicorn-keeps-shitting-in-my-back-yard-can-he-please-not

BadHombreNPS, to BadInternetBills
@BadHombreNPS@mastodon.online avatar

Has anyone come across a Google doc/list of all the firms that are buying single family homes in the US and ruining the current and future market for literally everyone? Asking for a friend...

aral, to programming
@aral@mastodon.ar.al avatar

Me: Hmm, maybe I should look into Bun again and see how its Node.js compatibility is coming along.

Also me: I wonder who makes Bun…

Me, yet again: Ah, it’s a venture-capital funded startup called Oven (see what they did there?)

Finally, me: rm -rf ~/.bun

(Remember, kids: Venture capital is the fart that precedes enshittification. It’s best not to linger once you’ve caught a whiff of it.)

TechDesk, to tech
@TechDesk@flipboard.social avatar

Why is Donald Trump’s digital media company, Trump Media and Technology Group, different from other money-losing startups? And can TMTG turn a profit? Tech Crunch explains: https://flip.it/CnCZ6x

jwildeboer, to Redis
@jwildeboer@social.wildeboer.net avatar

Episode 23 of "Busted!": Another VC driven company builds growth on the back of a community with the promise to always* be Open Source and after a few years the little asterisk finally kicks in. It says "Gotcha! We don't want you anymore, we now switch to a commercial license"

aral, to random
@aral@mastodon.ar.al avatar
itnewsbot, to ArtificialIntelligence
@itnewsbot@schleuss.online avatar

Inside the Funding Frenzy at Anthropic, One of A.I.’s Hottest Start-Ups - The company raised $7.3 billion over the last year, as the lure of artificial intelligenc... - https://www.nytimes.com/2024/02/20/technology/anthropic-funding-ai.html (futuresexchange) .cominc

itnewsbot, to ArtificialIntelligence
@itnewsbot@schleuss.online avatar

OpenAI Completes Deal That Values the Company at $80 Billion - The A.I. start-up’s valuation tripled in less than 10 months. - https://www.nytimes.com/2024/02/16/technology/openai-artificial-intelligence-deal-valuation.html

itnewsbot, to Software
@itnewsbot@schleuss.online avatar

After Figma’s $20 Billion Windfall Evaporated, It’s Picking Up the Pieces - Regulatory scrutiny felled the sale of Figma, a design platform, to Adobe. Now it’s grapp... - https://www.nytimes.com/2024/02/08/technology/figma-adobe-.html (calif) (1992-) -ups

aral, to random
@aral@mastodon.ar.al avatar

Every now and then someone will ask me what VC stands for but I feel it’s easier to list what VC doesn’t stand for:

  • Human rights
  • Democracy
  • Sustainability

CharlieMcHenry, to tech
@CharlieMcHenry@connectop.us avatar

YCombinator (Hacker News) CEO Tan gets drunk, says his deep dark wishes out loud. Issues totally lame apology after wishing DEATH on his political enemies. Yikes… and YUCK. https://missionlocal.org/2024/01/garry-tan-death-wish-sf-supervisors/

aral, (edited ) to startups
@aral@mastodon.ar.al avatar

“The subtlety of it is pretty insidious. Like some kind of distributed long con, played out over and over, in the midst of so many millions of other simultaneous ones.”

@amatecha on VC (Venture Capital)

aral, to startups
@aral@mastodon.ar.al avatar

Ello, Goodbye.

https://ar.al/notes/ello-goodbye/

(That feeling when you don’t have to write something about it today because you already said everything that needed to be said ten years ago.)

aral,
@aral@mastodon.ar.al avatar

“Venture capital is private subsidy that keeps the startup alive long enough until enough people have joined their platform. At this point, it’s too late. By being part of the platform we have created its value. This is the value that is sold in an exit. The only way to resist this system is to not build that value in the first place.”

https://ar.al/notes/ello-goodbye/

textfiles, to random
@textfiles@digipres.club avatar

Andy Baio places Ello (RIP) on the table and does a dissection that leaves not a single hypocrisy, lie, overstatement, and fake promise untouched.

https://waxy.org/2024/01/the-quiet-death-of-ellos-big-dreams/

aral,
@aral@mastodon.ar.al avatar
itnewsbot, to startups
@itnewsbot@schleuss.online avatar

Curiosity, communication, and capital efficiency: Investors share their tips for startups in 2024 - Clockwise, from top left: Kellan Carter of Fuse; Madin Akpo-Esambe of Tacoma Vent... - https://www.geekwire.com/2024/curiosity-communication-and-capital-efficiency-investors-share-their-tips-for-startups-in-2024/

itnewsbot, to startups
@itnewsbot@schleuss.online avatar

VC investments slowed in 2023, but these Pacific Northwest startups still raised sizable rounds - Funding to PNW startups fell nearly 60% year-over-year in 2023. Data from GeekWir... - https://www.geekwire.com/2023/vc-investments-slowed-in-2023-but-these-pacific-northwest-startups-still-raised-sizable-rounds/

DoomsdaysCW, to Atlanta
@DoomsdaysCW@kolektiva.social avatar

Private Donors Supply Spy Gear to Cops

There's little public scrutiny when private donors pay to give police controversial technology and weapons. Sometimes, companies are donors to the same foundations that purchase their products for police.

by Ali Winston and Darwin Bond Graham, special to ProPublica Oct. 13, 2014

"In 2007, as it pushed to build a state-of-the-art facility, the Los Angeles Police Department cast an acquisitive eye on software being developed by , a startup funded in part by the Central Intelligence Agency's [] arm.

"Originally designed for spy agencies, Palantir's technology allowed users to track individuals with unprecedented reach, connecting information from conventional sources like crime reports with more controversial data gathered by surveillance cameras and license plate readers that automatically, and indiscriminately, photographed passing cars.

"The LAPD could have used a small portion of its multibillion-dollar annual budget to purchase the software, but that would have meant going through a year-long process requiring public meetings, approval from the City Council, and, in some cases, competitive bidding.

"There was a quicker, quieter way to get the software: as a gift from the Los Angeles Police Foundation, a private charity. In November 2007, at the behest of then Police Chief William Bratton, the foundation approached , which contributed $200,000 to buy the software, said the foundation's executive director, Cecilia Glassman, in an interview. Then the foundation donated it to the police department.

"Across the nation, private foundations are increasingly being tapped to provide police with technology and weaponry that -- were it purchased with public money -- would come under far closer scrutiny.

"In Los Angeles, foundation money has been used to buy hundreds of thousands of dollars' worth of license plate readers, which were the subject of a lawsuit filed against the region's law enforcement agencies by the American Civil Liberties Union of Southern California and the . (A judge rejected the groups' claims earlier this year.)

"Private funds also have been used to upgrade 'Stingray' devices, which have triggered debate in numerous jurisdictions because they vacuum up records of cellphone metadata, calls, text messages and data transfers over a half-mile radius.

"New York and Los Angeles have the nation's oldest and most generous police foundations, each providing their city police departments with grants totaling about $3 million a year. But similar groups have sprouted up in dozens of jurisdictions, from , to . In , the police foundation has bankrolled the surveillance cameras that now blanket the city, as well as the center where police officers monitor live video feeds.

"Proponents of these private fundraising efforts say they have become indispensable in an era of tightening budgets, helping police to acquire the ever-more sophisticated tools needed to combat modern crime.

"'There's very little discretionary money for the department,' said Steve Soboroff, a businessman who is president of the Los Angeles Police Commission, the civilian board that oversees the LAPD's policies and operations. 'A grant application to the foundation cuts all the red tape, or almost all of the red tape.'

"But critics say police foundations operate with little transparency or oversight and can be a way for wealthy donors and corporations to influence law enforcement agencies' priorities.

"It's not uncommon for the same companies to be donors to the same police foundations that purchase their products for local police departments. Or for those also to be for the same police agencies to which their products are being donated.

"'No one really knows what's going on,' said Dick Dadey of , a good government group in New York. 'The public needs to know that these contributions are being made voluntarily and have no bearing on contracting decisions.'

"Palantir, the recipient of the Foundation's largesse in 2008, donated $10,000 to become a three-star sponsor of the group's annual 'Above and Beyond' awards ceremony in 2013 and has made similar-sized gifts to the foundation. The privately held Palo Alto firm, which had estimated revenues of $250 million in 2011 and is preparing to go public, also has won millions of dollars of contracts from the Los Angeles and New York police departments over the last three years.

"Palantir officials did not respond to questions about its relationships with police departments and the foundations linked to them. The New York City Police Foundation did not answer questions about Palantir's donations, or its technology gifts to the NYPD.

"Donna Lieberman, executive director of the New York , said she saw danger in the growing web of ties between police departments, foundations and private donors.

"'We run the risk of policy that is in the service of interests,' she said."

https://www.propublica.org/article/private-donors-supply-spy-gear-to-cops

itnewsbot, to Software
@itnewsbot@schleuss.online avatar

No Oversight: Inside a Boom-Time Start-Up Fraud and Its Unraveling - False claims and risky trades at the Silicon Valley start-up HeadSpin were part of a patt... - https://www.nytimes.com/2023/12/22/technology/headspin-silicon-valley-startups.html (futuresexchange) -ups

pch, to SEO
@pch@s3th.me avatar
bwinbwin, to Palestine

Everyone needs to read this blog article:

https://hachyderm.io/@paulbiggar/111579781323665135

I can't sleep
"I can't sleep. I'm lying in bed every night, and images of Gaza are running through my head. Fathers holding their babies, dead, caked in dust. Bombs dropped on homes, on hospitals, on schools. Tens of thousands of dead in indiscriminate bombings."

https://blog.paulbiggar.com/i-cant-sleep/

ojrask, to Israel
@ojrask@piipitin.fi avatar
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