117 karma · joined April 6, 2011
The hope with Adapt is that you start out with a really simple interface that looks like a PaaS/Serverless (Heroku, Zeit, adapt new/run etc.) but can be tweaked over time without having to throw out everything that was great about the PaaS. And by no means is Adapt limited to Kubernetes, it's just what is there now.
I think that a simple interface to something like Fargate/ECS with Adapt would be pretty nice as it removes the K8s complexity but handles all the container build/repo management stuff for you.
If you check out some of the components in adapt/cloud/src, most of them are small too, and just use other simpler components like LocalDockerImage, DockerContainer, RepositoryImage, etc.
I think the real problem we have with infrastructure is one of evolution, abstractions and leaky abstractions.
First, infrastructure is not a static thing, it changes over time in response to code updates, environmental load (autoscaling), etc. And the details here matter. How should new code be rolled out (blue/green, how fast, what are the quality metrics, etc.). What should happen to the old instances while the new stuff is rolling out? When should they be killed?
What we really need is a good way to declaratively specify what to do, and how the components in that declarative specification should evolve as new stuff is rolled in, load changes, etc. We need a good way to specify the control plane for our infrastructure. adaptjs (adaptjs.org) is our TypeScript-based open source project to provide this. It is still early stage, but I think it is pretty promising.
The second issue is one of abstraction. All these things are complex and often need customization to suit the particular application challenges. Using templates, CDK, Pulumi, or anything else to generate YAML is fine, but as the article points out, you have no insight into how your specification got realized into the low-level infrastructure.
Moreover, you have to care since you need to know the low-level implementation to debug, understand cost, analyze logs, etc. Adapt has some machinery so that you don't always need to understand the low-level implementation for this stuff, but since it is still early, that part of the system needs work before it is ready for prime time.
In a standards committee, the standard is the standard, in practice common practice is the standard.
It is also possible for investors to block an exit that can be great for founders and employees. For a $1B fund, a $150MM exit on $10MM raised doesn't move the needle, but it could be life changing for the founders and early employees. Good investors will care about this and try to figure something out. Others might just block the transaction.
There are few factors here - what percentage of the company's total share count do your options (vested and unvested) represent. How big of a liquidity preference are you sitting behind. What are the odds the company clears this liquidity preference. What is the likely valuation of any successful exit (i.e., one the clears the liquidity preference, and in the case of options, clears the strike price of the options issued). What are the odds of such an exit. And finally, what are the change of control terms.
In terms of what fraction of the company do your options represent, you'll have to ask how many shares are outstanding and then make a guess as to how many more will get issued between now and success. Remember, each financing results in lots more shares being issued.
What is the liquidity preferences your options sit behind. Usually options convert to common, so that means you are the lowest person on the totem pole. If the company has raised $100MM, there is very likely at least a $100MM preference. That means that if the company exits for $90MM the common shareholders (that's the employee option holders) will get nothing.
In terms of valuations, you can figure out what your options are worth at various exits above the liquidity preference, but only if you know the terms of later financing rounds. Generally, I'd recommend exercising at least 1 share of options as soon as possible so that you have shareholder information rights which should tell you what these terms are so you can calculate the option value.
More importantly, what are the odds of such exit. Generally, a company has more options to exit for $100MM than it does for $1B than it does for $10B. Of course, if the company is wildly successful, the higher the odds of a bigger outcome. The question is, what threshold of success is needed for the options to have enough value.
Finally, you should consider the change of control terms. If a company is acquired, do your shares vest immediately, or are they converted to shares of the acquiring company? What happens if the acquirer fires you? If you are early enough you might be able to negotiate for better change of control provisions. You want to avoid a scenario where the company has a successful exit and the acquirer is not incentivized to keep all the employees that have meaningful option stakes. This is usually less a problem in software developer roles, and more of an issue for sales and executive staff (CFO, CSO, etc.) but it doesn't hurt to have better terms.
In any case, employee stock options are complicated, and often the terms matter more than the price. There is a quote, can't remember who said it, "You name the price, I name the terms."
If you are really pedantic, you should probably also check in node_modules with every release you care about.
Having said that, having a system that can source modules from a URL and then enforce hashing and versioning could be a win. I'd just hate to see a repeat of the early golang build system that led to the rise of gb.
Unfortunately, it seems like every app eventually has its own pet requirements as it matures, meaning that building new abstractions might be important as part of the UI.
But generally, I agree, tools like this are needed because existing abstractions aren't good enough. I'm just not sure they will ever be good enough when everyone has custom requirements and app-specific architectures.
Without loss of generality, assume that you always pick door 1.
If the car is placed randomly, you have a 1/3 chance of getting the car. To see this, note that when not switching, you only win if your initial guess has the car behind it, which happens 1/3 times.
When you switch doors you only win if not switching loses. Since not switching wins 1/3 times, switching wins 2/3 times.
You can write a simple program to simulate the game and see that switching wins 2/3 times.
What double blind review does is give the unknown author a fair chance as there is always the outside possibility that it is the new work of a well known author that the referee has simply not seen yet.
This can lead to some interesting errors. For example, writing
void foo(const std::string s)
by mistake, instead of
void foo(const std::string &s)
won't result in a compiler error, but will result in an unusually large, and unexpected overhead in calling foo.
On the other hand, STL is great (less the error messages). I sorely miss it when programming in C.
Marketing is still valuable, but publishers never directly charged for that (as far as I know), hence their dilemma.
Perhaps the correct analogy is that the building of a skyscraper is akin to copying software (i.e., building a new replica of a design). In this regard software is the ultimate engineering. Once you have the blueprint (the final source code), stamping out copies is perfectly reproducible. The program applies to many more environments than a skyscraper design.
On the other hand, designing a skyscraper is alot like writing software. The designer doesn't know what the building will look like. There is an iterative process where ideas are thrown around, design errors identified and fixed, etc.
In terms of quality measurements, the same measurements don't apply to software since each copy is a perfect replica. There is little need to measure how closely a copy reproduces the design, it is often perfect. The design may have flaws, but so may a building design.
Having said this though, it sure seems that software is alot more unreliable than most bridges and buildings, so the question is, "Why?"
I've contributed to several open source projects in the past (Linux kernel, gnome, etc.), but doing so is hard work, even if the changes are trivial and you don't have a reputation in the community for the project. Most recently, it took almost a dozen emails over 4 days among 3 different people to get a 3 line patch committed to a driver.
The truth is contributing to open source is a social problem. You have to get to know the maintainers, build their trust, and over time, it gets easier to get patches in. If you can meet the maintainer for an hour or so at a conference, it lowers the bar but maintainers of popular projects are often swamped at these events.
More often than not it is easier to fix the bug for yourself and move on, using git to keep up to date with new releases.
(This is for store bought wine, for restaurants multiply prices by 2 to 4).
Does anyone have any concrete data on the finances of entrepreneurs when they start their first company, especially successful entrepreneurs? This study is the closest data I could find. http://www.kauffman.org/uploadedFiles/FactSheet/EduTechEntr1... It states that most entrepreneurs are older (median age 39) and have college degrees, often from good schools, and often advanced degrees. This suggests that they may have quite a bit of reserve cash to maintain much of their lifestyle, and/or a working spouse that helps do the same.
GC systems are no better in this regard. I was told of an interesting hack in a Java program that implemented a large cache of objects by serializing them into a large memory block so that the GC saw it as one big object and didn't traverse it. This resulting in dramatically reduced GC pause times (10x+). When needed, objects were deserialized from the array. Disgusting, but effective.