2,233 karma · joined February 27, 2014
Particularly if we're asking them to be careful & deliberate about deployments, hard to ask them fast-track this.
In this case it's not just a matter of 'hold back for another day to make sure it's done right', like when adding a new feature to a normal SaaS application. In Cloudflare's case moving slower also comes with a real cost.
That isn't to say it didn't work out badly this time, just that the calculation is a bit different.
It's extremely easy, and correspondingly valueless, to ask all kinds of "hard questions" about a system 24h after it had a huge incident. The hard part is doing this appropriately for every part of the system before something happens, while maintaining the other equally rightful goals of the organizations (such as cost-efficiency, product experience, performance, etc.). There's little evidence that suggests Cloudflare isn't doing that, and their track record is definitely good for their scale.
The biggest reason why companies don't seek to emulate "Dupont, Bell Labs, IBM, AT&T, Xerox, Kodak, GE", is probably that it reads like a list of textbox examples of "companies that failed to execute on their research findings", so clearly there was something wrong with this approach.
Personally, I find all these minimalist, back-to-the-basics frameworks a bit misguided. It's always reeks a bit of "well my farts don't smell" – other developers' frameworks are bloated, dependency-overloaded and too complex. My new framework is simple, based on a powerful idea, and just right.
Imo, the best way to build a truly good web app in 2025 is to embrace both server-side rendering and client-side rendering, by sharing the same rendering logic between client and server, like e.g. SvelteKit, Next.js and others do.
- no company generates revenue in its first second. Even if you start a lemonade stand tomorrow, you'll have to buy some lemons first. The time-to-revenue might be very short, but it's never zero. Therefore, making no revenue for 1 day or for 10 years is not a step change, but simply a point on a curve.
- Capitalism is basically a long history of creating vehicles with increasing sophistication to bridge that gap: provide funding for ventures that have returns in the future. This is intrinsically difficult, and it's easy to waste money, but it can work immensely. This started with the Dutch inventing limited liability corporations to fund ship expeditions, and today's VC is essentially an extension of that.
- It has worked well in the past to bet on companies that don't optimize for time-to-revenue, but something else – famous examples being e.g. Amazon, Google, Meta, who all lost lots of money initially.
Hence there can be companies that make no money for quite a while. And it can even turn out that the vast majority of the companies that make no money for a while never make any money. Accepting this risk is a feature, not a bug.
The example you gave about preventing money counterfeiting with technical measures also supports this, since this was an easier thing to detect technically, and so it was done.
Whether that's a good thing or bad thing everyone has to decide for themselves, but objectively I think this is the reason.
You can argue that they could have been Zoom, too, but looking at Zoom's 22bn market capitalization I don't think Microsoft sheds many tears about that thought. It's more a testament to the incredible market power and distribution muscle Microsoft has, that they can afford this many bad decisions and still win in a way.
This really reads like a parody. Press release, “a consortium of 20 research institutions”, “awarded the STEP (Strategic Technologies for Europe Platform) seal”. Lots of grandiose self-congratulations. All with nothing to run, download or try of course.
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I get that this is supposed to be a simplification for educational purposes, but I find this is simplification is an oversimplification, since it omits the key point.
> Solving the problem of conditional self-worth is less complicated than you might think. You don’t have to go through regression therapy and get a better understanding of how your early-life caretakers gave you implied messages of contingent worth, neither do you have to sift through the wreckage of emotional or physical suffering you endured growing up.
> You simply need to recognize that you are worthy exactly as you.
How's that different from telling a depressed person to 'simply stop being sad', or a disabled person 'simply stand up and walk'? I'm sure the point of regression therapy is to get to that point, and this 'realization' is not a shortcut to it (caveat: I don't actually know what regression therapy is).
On a more serious note, it's an interesting blog post, but it comes off as veeery confident about what is clearly an incredibly broad and complex topic. Curious to see how it will work in production.
I'm saying that companies like Figma, which has raised $333 million dollars in venture capital, at up to a $10bn valuation, cannot exist if those investors don't see sufficient options for liquidity.
And given that people strongly value companies like Figma, as evident in this very thread, that would be a bad outcome all in all. The only market participants for whom this wouldn't be a bad outcomes would be big, established businesses that have to fear less startup competition.
This is not as much about Figma, which is big already and will be fine, but the 100 other potential Figmas that might not even been started yet. They will have more difficulty finding funding, attracting employees with equity, etc., when the scenario 'big tech co acquires company for lots of $' doesn't exist anymore.
Why would anyone go worth at a small company for equity if there's no chance to get liquidity? Why would investors invest? This decision might improve the short-term situation of the market, but over the long-term, I can only see how it benefits the big companies, which rely on today's cashflows / RSUs to attract people.
I get people are dying to stick it to the big tech cos, but the reality is that the long-term effect of actions like this is reduced funding and less new, disruptive companies – and strengthening the situation for the cash-rich behemoths like Microsoft, Google, etc.
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This is somewhat incorrect. In Europe (which this is about), Facebook's average revenue per user is about $70 per year (~$6/mo), and in the US it's around $232 (~$19/mo). Taking into account the additional overhead of collecting payments from individual users, support, etc., it's definitely not orders of magnitude away.
All data from Meta's last annual report: https://d18rn0p25nwr6d.cloudfront.net/CIK-0001326801/e574646...
Adding features and capabilities to a without making it more complicated for users who only use a fraction of them ("chat and huddle app"), is part of why this is so complicated.
Datawrapper is a data visualization tool for journalists & other publishers. Used by NYT, Washington Post, AP, and many others. You’ve likely seen a Datawrapper visualization before - election results, Covid numbers, maps on world events, etc. are created using Datawrapper. We reach >200 million unique monthly visualisation viewers with a team of just over 20 people. Bootstrapped, profitable since day 1.
Stack is NodeJS backend with Svelte frontend and D3/Svelte visualizations.
https://www.datawrapper.de/careers
hiring at datawrapper dot de
[0]: https://www.startupranking.com/startup/tesla/funding-rounds