Thank you for rooting for us! One important point of clarification: I am the CTO -- the CEO of Oxide is my co-founder, Steve Tuck. Long before we know what we wanted to do (or had a name for the company!), Steve and I knew we wanted to do something together; it's worth getting to know Steve (and our collaboration) in his own words![0][1]
I appreciate that our approach to compensation leaves some with overwhelming feelings of whataboutery, but no, we (of course?) do not have equal equity: as we have said (several times?) equity broadly compensates for risk -- and risk has gone down over time. (I used to tell people to "value the equity at zero"; I don't say that any longer because it plainly isn't.)
In terms of the cap table: that's a bit of an odd request? On the one hand, there are no real secrets hanging out on our cap table -- but on the other, based on your tone, it doesn't feel like the request is terrible earnest? (And, I hasten to add, transparency is a value -- not a principle.[0])
I'm not sure what "mess" you're referring to -- that we have a writing-intensive hiring process? That we get a lot of applicants? That we therefore end up rejecting a bunch of people? That we read application materials thoroughly? That we don't provide specific feedback on individual applicants (even though we explicitly state that/why we don't)?
To state clearly what I feel we have said many times: Yes, it's hard to get a job at Oxide. Yes, we get a lot applicants. Yes, we ask a lot of applicants upfront. But the payoff (and the reason it's worth the risk and the work for the right person!) is an extraordinary and uplifting team -- one that I daresay each of us counts as being of unparalleled breadth and depth in our careers.
We have taken funding from In-Q-Tel, yes. The idea that taking funding from IQT amounts to "CIA roots" is preposterous: aside from the fact that IQT writes very small checks (<$1M), an IQT investment does not necessarily even denote that the federal government is a customer. IQT develops a work program with its government affiliates (the identities of which are opaque to portfolio companies), and the sale of any product to any government entity happens outside of IQT; the presence of IQT is merely to help startups fund (and deliver) features that are of special interest to the government affiliates.
And as long as I'm elaborating on IQT, let me add that they have been a terrific partner for us -- and we have found the individuals we have worked with there to be of exceptionally high character.
I'm not sure what else you're looking for; we are already explicit about the fact that we (like YC!) don't give detailed feedback. If you would like to DM me, I will look at the reviews of your materials and tell you what I can tell you -- but I think it's pretty clear that you and Oxide aren't really a fit for one another?
Sorry to hear that you viewed it as a "litany of crap", but if it's of any solace, if you had slopped it, the result would not have been immediately different -- but you would be marked in our system in such a way that subsequent applications would also be disqualified.
It sounds like we're not a fit for you either, though, so maybe just as well!
I know I have already written a (long!) piece on this, so I don't want to expand too much here -- but this really was a very odd experience, to be talking with (understandably!) anxious parents of young adults about the peril of dehumanization while at the same time having this intensely human experience very much enabled by an LLM. More than anything, it reinforced something that I think many of us believe: the future is especially uncertain right now, and will contain many surprises!
This is so great to see. I (like many!) have fond memories of Sun Ray. For me (and I suspect for others) Sun Ray will always represent the best of Sun -- and (of course!) some of the company's unrealized potential.
As an aside on Sun Ray, it played a very important (if incidental) role in the development of DTrace in that one of the first truly production systems we used DTrace on was a Sun Ray server inside of Sun that was in a huge amount of pain. (I described this in the DTrace USENIX paper[0], and also in my "Dtrace (sic) Review" talk at Google ca. 2007.[1])
On the one hand, I admire (at some level) you sticking to your guns here, willing to take on all comers. On the other, though, I don't entirely understand the inference that you're drawing from the piece; what, exactly, is getting commoditized?
You're taking me slightly out of context there, but my intent was: it's not about free speech. That is, I strongly support free speech (they have the right to be as racist as they want!), but that isn't what this is about: this is about consequences of deplorable (but non-criminal!) behavior -- and just as people have the right to be hateful, we have the freedom to not want to be associated with the racist biker bar that is what Twitter has become.
I was recently asked about our (Oxide's) disposition to Twitter on the Peterman Pod[0], and the rationale for why we're no longer active there is pretty simple: the platform has become a cesspool of hate -- and it's antithetical to promoting a business (or any message, really). Aside from the morality of it (which is significant!), the hate itself is repugnant; it's not something that normal people want to be a part of in the long term.
For whatever it's worth (perhaps not much?), I was actually asked about this three-decade-old post (!) recently on the Peterman Pod[0], which allowed for a slightly more nuanced discussion.
I would second the black bar for Kidder -- The Soul of a New Machine constitutes the literary foundation of our craft: it is our Odyssey. Speaking personally, I have spoken and written about Soul many times ([0][1][2]) -- and I know that its impact from me is far from unique.
RIP Tracy Kidder -- and thank you for giving us all permission to feel passion for the machine.
There's a lot of confusion here about the way VC operates (or companies, for that matter), but just to clarify one point: an IPO is not an "exit" -- it is a public offering. That is, an Oxide IPO, were we to be so lucky, would be a milestone towards being the generational company that we aspire to be.