Same here. Did it once and it saved my life. Point is it was only legally accessible to rich people. I.e. I had to fly to amsterdam pay for pre and post psychotherapy and multi day care. This is so wildly different to recreational use.

Interestingly, mushrooms are actually illegal in the Netherlands, but thanks to a fun loophole the truffles are completely fine :D (for those not in the know, truffles usually have a lower % of psilocybin per gram so you have to eat more to get the same effects but the end result is about the same!)

For what it’s worth you can find psilocybin in the US with with right network that does not require exorbitant costs or travel.

Any potential for incarceration or institutionalization is an exorbitant cost to factor into transacting with the "wrong" network.

Most people growing shrooms are not doing it at scale and are generally only selling to friends or acquaintances. For this particular drug- the risk seems pretty low.

Heck, It’s grows in many part of the country!

More like most parts of the country! There's at least one species of psilocybin mushroom for most states. The Shroomery is a great starting resource.

Thanks for pointing that out. Yes. This is a abundant resource, people should be aware of that. It’s also colonize various subtrates and thrives.

or grow it yourself even, that's what I did (albeit in France)

Care to share more? How much did it cost and was it a sherpa like experience?

Sherpa?

I think they mean "was there someone guiding your trip, or did you do it alone". I have never tried psychedelics, but I've heard its helpful to have people with you, because you can have a "bad trip" where your mind goes into awful places, and having a familiar face nearby can help get you out of that state or ameliorate your symptoms.

This is a great point. He's literally created a job.

To take this point further, two jobs were kind of created. The vacancy left and the new job.

That doesn't seem accurate. When hypothetical "Person B" leaves their job to fill the vacancy, were 3 jobs now created?

And he hired a few full time employees, so more than 2 jobs were created.

In economic terms where money isn't circulating, yes. Now, many open source projects are used by other companies that are commercial, so that does grow the economy however.

Why is it absurd? Chat GPT UI is pretty bad, he created a better one, people pay him for it. That seems like a pretty sensible exchange.

Good job Tony Dinh. I think the lesson here is to keep going, a bunch of failures and then a success.

Yes people are missing the point here. I'm in Australia and I know when I check reddit groups moderated in other countries they are full of hate - like 4chan when the mods are asleep. I've seen an unmoderated reddit even just for a few hours, the site will be destroyed if people give up their unpaid voluntary work. They need the tools because it's not their fulltime job.

Isn't the biggest thing here that he never spent any of the VC money of he had $35m in the bank he bootstrapped!!!!

How does that even happen? Don't they have salaries to pay or marketing campaigns to run, pay rent? How can he sit on a pile of money and still grow the business?

Being near profitable is the obvious way, though I find that surprising early on.

What happens if you don't actually spend VC money? Do they still get partial ownership?

This is the first time I hear of a situation like this, and I'm really curious.

> What happens if you don't actually spend VC money? Do they still get partial ownership?

Yes. Just like you still pay interest on a loan even if you just let the cash all sit in a bank account.

A lot of banks will set up an offset account with your loan so you only pay interest on the money you use.

A loan is fundamentally different from a share purchase though, you can try to buy back you shares but that would be a separate negotiation.

What's the reasoning for not using it?

I have no idea why Hashicorp didn't use it. The point is just that if you made a contract for something and they hold up their end, you've gotta hold up your end, even if you ended up not using what they provided.

Are there VC contracts where actually spending the money is a stipulation?

I'm sure there are cases where doing a specific thing (e.g. buying another company, or paying off particular debts) with the money is part of the deal. And sometimes an investor will demand a board seat which gives them a way to influence other decisions. But I'd be amazed if a VC wanted a "spend the money on something" provision - if you really can't think of anything to use the money for, letting it sit is better than burning it. You're always obliged to use your best business judgement on behalf of your shareholders, which would seem to cover making use of the money if you have a good use for it, and not if you don't.

Do you have serious depression with persistent suicidal thoughts? If not then this isn't designed for you. If you do then the last thing you'd be worried about is someone at work finding out because the alternative is to kill yourself.

2 treatments if it's the same as THC and CBD. Not hard and they just ask you, they don't check records.

Interesting you assumed the female CEO writing this was male.

I've met both male and female people named Tracy.

Exactly. Pay me well and let me choose who to be friends with and how to spend that money. I used to work at a company that told you how much all their culture spend was per employee it was eye watering they could have doubled everyone's salary and had a much happier workforce.