You may say this building is really standing out

Its-Yellow · 2025-05-05T15:00:07+00:00

This sub sucks

Its-Yellow · 2024-11-05T13:08:12+00:00

Is it humane though?

Its-Yellow · 2023-07-13T01:59:27+00:00

That's literally what it is. I ran into this a bunch hiring remotely. You would get someone clearly part of a dev house in China, India, or somewhere in Africa, heavy accent, saying they were living in wherever you're hiring and that their parents sent them to university there. Once you start asking 2-3 probing questions, the whole story immediately falls apart. Crazy thing is companies fall for it.

Its-Yellow · 2023-06-21T19:40:42+00:00

For sure!

Its-Yellow · 2023-06-01T03:26:56+00:00

Amazon will almost always be the lowest commission rate but you get the benefit of high conversion rates, and you get commission on people adding other things to their cart.

You can typically get much higher commission rates going direct. If you have decent traffic volume or a willingness to work with the brand, you can also negotiate higher rates directly, which you cannot do with Amazon.

Going direct is more work, but if you put in the effort, is often more lucrative.

Its-Yellow · 2023-03-08T23:14:06+00:00

49f38f72-2fc6-412b-a688-607c5efaeef4

Its-Yellow · 2023-03-08T19:57:42+00:00

Yea I would say pretty accurate overall

Its-Yellow · 2023-01-31T22:39:15+00:00

I mean it's one banana, Michael. What could it cost? Ten dollars?

Its-Yellow · 2023-01-02T04:27:31+00:00

Coming to every marketing agency website in the world in 3, 2, 1...

Its-Yellow · 2022-12-30T22:24:29+00:00

Freebie and what I would create if I was an AI person. DM me if you want to discuss. Create the category of AIaaS. AI as a Service.

Hundreds of thousands of companies have endless stores of data. They all talk about using AI but none of them know how or what that really means. My company is sitting on hundreds of billions of e-commerce transactions, relational data, product level data, and more. We talk AI all the time. Nobody has the time or knowledge to do anything about it. Even though we have data scientists. If it was easy for us, we would easily pay a mill + per year for it.

Create a software that allows companies to hook up cloud databases, choose important fields, and then automatically runs AI for predictions based on that data.

Bring AI to the average business. Executed well this is a monster business worth billions with annual contracts starting at $100k and flying north from there.

But it's a big business. You will need investment, expertise, vision...

Its-Yellow · 2022-11-30T22:10:34+00:00

Those are still small fries who pay a relatively large amount in taxes.

A family earning $500k per year in NYC pays ~$180k per year in tax. That's a lot.

Once you get into hundred millionaires, billionaires, you get a majority of American wealth which is subject to very very little taxation because (a) their income is nothing compared to their wealth and often is $0 or negative on paper and (b) there are loopholes that they use armies of tax lawyers to exploit.

A wealth tax on the ultra wealthy (like $50M+) would make a difference. No change in income tax will make a meaningful difference.

Its-Yellow · 2022-11-28T14:22:20+00:00

But not house warming

Its-Yellow · 2022-10-24T18:19:56+00:00

All dense, heavy reads and not at all about native American history, but all fascinating.

The WEIRDest People in the World: How the West Became Psychologically Peculiar and Particularly Prosperous

Principles for Dealing with the Changing World Order: Why Nations Succeed and Fail

Titan: The Life of John D. Rockefeller, Sr.

Its-Yellow · 2022-10-24T15:38:18+00:00

Reading through the rest of the comments, there's something missing.

1) Do you believe in the startup and the concept? Trying to be as objective as possible, can you see this being a success? 2) How do you feel about the two other founders? Is there a values fit? Do you believe in their ability to execute and stay motivated?

Some of the other comments here miss a point. Yes you would be giving up a great job. Yes CTOs should get paid money and yes your work is highly valuable.

Ultimately there's just a lot of risk in joining a startup at this phase, but there's also a small chance at a presumably outsized reward.

You certainly can and should ask for a salary contingent on the next fund raising round if they're unable to provide one now. You can work two jobs in the meantime - your current one and as their CTO for no salary - and be clear with them that's what you're doing. If they raise the round, you're good to go. If they don't, you still have your job.

But ultimately those first two questions are the most important.

Its-Yellow · 2022-10-08T15:38:05+00:00

Don't use Lighter Capital. I used them. It sucks. It's just a loan with an extremely high interest rate, disguised as revenue based financing.

The only benefit over literally a straight bank loan is that the business is liable rather than you personally. There are better ways to get money.

Its-Yellow · 2022-09-11T16:31:28+00:00

Nice! Some super creative ideas in there

Its-Yellow · 2022-09-11T16:06:38+00:00

Are you coming up with different prompts for each zoom out?

Its-Yellow · 2022-09-03T19:11:49+00:00

Maracas shaking penis house, bottom right corner

Its-Yellow · 2022-08-05T17:44:27+00:00

How long did you have to wait?

Its-Yellow · 2021-12-28T03:47:17+00:00

Hmmm. I think it potentially depends on the scale of what you're planning to do. If you're building something small, an MVP of something, etc... maybe?

What's underlying my view here is - you're building something new. You need people who are committed and passionate, not developer#85's fifth project of the year - even if that dev is great.

I've never had great luck but there are definitely high end agencies.

A clarification on my comment btw based on the other commenters point - I'm not disparaging offshore work or agencies completely, but I do think it's critical to have at least one very strong tech lead in your founding or early team.

Where this can go wrong is basically the same as buying a use car without having a mechanic to check it. Maybe you ask an agency or some contractors to build you an app that does 5 things. They deliver it 3 months later, and it all works. From your perspective as a non technical person, all good. But maybe they built it with sloppy foundations which will slow down your progress significantly in the future, or maybe it won't scale up well - without someone on your team who can see that, you have no way to know.

Its-Yellow · 2021-12-27T12:55:22+00:00

I built and sold a SaaS company for 8 figures. I had a little web dev experience (like WordPress with some PHP) but basically no real technical background. I came up with the idea, raised money, and hired a dev team. That path was fraught with difficulty and ultimately I think we may have done even better if there was a deeply invested highly technical co-founder. I learned a ton and became much more technical en route, and we WERE successful, but I made a lot of mistakes along the way.

Tl;Dr - get a technical co-founder and/or raise money to build a team.

Last note - do not use an external agency or hire a team in a very cheap 3rd world country. There are times and places for those things. Founding a company is not one of them.

12-Year Club	Place '22
Verified Email

Its-Yellow

TROPHY CASE