juliansimioni

3 tháng trướcdiscuss

Yes. And the fab companies and their suppliers are deliberately and wisely slow to scale up production to meet short term changes in demand. They've seen the history of the semiconductor industry, it's constant boom and bust cycles. But they have the highest op-ex costs of anyone. So when the party's over they are the ones who pay for it the most.

juliansimioni

7 tháng trướcdiscuss

Fellow bootstrapped founder for 8 years here, and I love and agree with your responses here.

Having previously existed in the VC-backed startup world, one thing I don't miss is the belief that its the _only_ rational way to run a business. In reality there are a lot of dangers to that approach, like you pointed out.

VCs _need_ promising businesses to join their portfolio, so they'll always be trying to convince you to raise money and have a tiny shot at making it big. If you fail, well, you're just one business in their portfolio, another one will pick up the loss. But it's the _only_ company you have, so you are doing the right thing by growing sustainably.

There's something extremely freeing about running a bootstrapped business and knowing you don't _need_ anyone to keep it running. Cheers to the next 10 years for you and your team.

juliansimioni

10 tháng trướcdiscuss

I think it's more than unwilling, we're straight up unable. Not in principle, but because it's a coordination problem.

Think of how many parents now want their kids not to have a smartphone or social media. There's genuine, well researched evidence that this would be good. But there's also real harm to kids who see all their friends with iPhones and Instagram. It might sound silly to us but it's definitely real feeling to the kids.

A lot of the parents who let their kids use smartphones and social media probably could be easily convinced that it's a bad idea, they just don't know. Or they don't know how bad it is, and so something else, like displaying status via a nice phone, they value more highly.

But until we can reach critical mass, and fight the (not insignificant, and quite intentional) momentum to use social media, it will be hard.

juliansimioni

6 năm trướcdiscuss

Interesting. What words do they suggest instead?

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