Get wrecked. The actual reason bro is not worried is in the right column:
> I am an EIR at Balderton Capital and principal of my own eponymous consulting business.
> I bring an uncommon perspective to enterprise software, having more than ten years’ experience in each of the CEO, CMO, and independent director roles in companies from zero to over $1B in revenues.
First, what the hell is an EIR.
Second, the fact that you are one at some Bertie-Wooster-ass venture capital firm means that you could probably retire tomorrow, if not necessarily in the manner to which you are accustomed
EIR = Entrepreneur In Residence. It's a slightly odd position, and varies a little depending on the firm, but generally it means someone is employed by a VC firm for a period of time to work on developing their next idea and also help out around the VC firm sourcing deals and mentoring companies.
I think I'm with you on this. The dribbling cynicism, pontification and entitledness is rather grating.
There are some uncommonly long ... m long ... dashes, sprinkled in para six and again later on. Perhaps our hero has a charmap app handy or has a remarkable keyboard or remembers a carefully curated, slack handful of compose sequences.
The system prompt for this beastie must surely have started with: You are a complete wanker, riff on the eighties "loadsa money" theme.
right, must be nice. I live in a HCOL area and have a mortgage and family to support. If big tech lays me off, it's going to be stressful and probably mean me selling my house and moving to LCOL.
Please don't tell people to RTFA. I have and it is still entitled rambling bollocks.
Is this really leading edge ... whatever it is supposed to be:
"The popular horse-switching fantasy answer is retraining. “Go back to school and become an engineer.” In theory, yes. In practice, rarely. The jump from an assembly-line worker to an engineer requires years of schooling and a different educational foundation."
They might as well pat the person who is losing their livelihood on the head and say "there, there, it will all come good in the wash".
The value of having (and executing) a coherent product vision is extremely undervalued in FOSS, and IMO the difference between a successful project in the long-term and the kind of sploogeware that just snowballs with low-value features.
> The value of having (and executing) a coherent product vision is extremely undervalued in FOSS
Interesting you say this because I'd say the opposite is true historically, especially in the systems software community and among older folks. "Do one thing and do it well" seems to be the prevailing mindset behind many foundational tools. I think this why so many are/were irked by systemd. On the other hand newer tools that are more heavily marketed and often have some commercial angle seem to be in a perpetual state of tacking on new features in lieu of refining their raison d'etre.
Big announcement: The legacy "God" system is officially decommissioned. We’ve completely disrupted the old paradigm, but it leaves us with a massive leadership vacuum. How do we pivot as the ultimate disruptors?
We’ve sunsetted the most established brand the world has ever seen. Now, we’re facing a major PR challenge: how do we rebrand this blood on our hands? What’s our new strategy for corporate social responsibility?
It’s time to innovate new rituals and high-performance games to fill the gap. This disruption is huge—maybe the biggest market shift in history. To stay competitive and worthy of this new landscape, we need to level up our personal branding and literally become the new industry leaders.
Are you ready to step into your power and become a god-tier professional? Let’s connect. #Disruption #Leadership #Innovation #NewParadigm #PersonalBranding
Incumbents love regulation, because they are much better positioned to comply with it than any upstarts or new challengers. So, when a company like Anthropic gets a decent marketshare, their priority shifts to lobbying for regulation to limit competition.
That's what I meant, but as the root comment implied, regulation is needed, so the solution is not laissez-faire.
These companies are not going to regulate themselves. Capitalism is going to drive them to relentlessly compete for growth at all costs, a lot of which would be imposed on society. At least they are honest that regulation is needed, unlike Big Tobacco.
As someone adjacent to the wine biz, few things worth noting:
- Their data source is a major wine importer. The economic realities of the majors versus the smaller, boutique importers, or even the larger independent ones, are very different, because of their market position, reach, their clientele, the type (mass-market) product they carry, etc... in addition to the simple financials of having padding and ability to plan long-term. Anecdotally, most of the smaller-to-mid-size importers I know have actually cut their margins, and are hanging on by a thread. For anyone smaller than the two or three very biggest players, the tariffs have been a drag on business at both ends, and for some have been existential. It's driving consolidation as well, which is never good for consumers. Imagine doing a study on the software industry and only talking to Microsoft.
- In the US we have the three tier system (producer -> importer -> distributor -> retailer) and each of those take a cut, obviously, resulting in higher costs. So those tariffs compound at each layer. There are a few exceptions where you can be a "direct import" retailer (e.g. K&L in CA) but these are a small piece of the pie. Don't even get me started on the costs of shipping, the byzantine legal compliance, etc.
- As for the 14% thing; I'm skeptical of their insinuation of causality. Relevant to this study, 2018, 2019 were exceptionally hot growing seasons in most of europe, a trend which has unfortunately continued, which naturally lead to higher ABV, even as critical trends move in the opposite direction.
> I am an EIR at Balderton Capital and principal of my own eponymous consulting business.
> I bring an uncommon perspective to enterprise software, having more than ten years’ experience in each of the CEO, CMO, and independent director roles in companies from zero to over $1B in revenues.
First, what the hell is an EIR.
Second, the fact that you are one at some Bertie-Wooster-ass venture capital firm means that you could probably retire tomorrow, if not necessarily in the manner to which you are accustomed
So yes, must be nice
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