Market cap should theoretically be determined by profit, interest rates minus liabilities (see legacy auto makers). Though it's future looking, so it might be higher or lower than a simple analyst estimation. Of course, this discount meme stocks (like TSLA) which are valued by the insanity of the crowd.
> This leads me to believe that most people either get lucky and then apply a framework in retrospect to justify their luck
Bingo. It's much easier to get a new product started when there is little or no competition. Clients can be tolerating (like early days of Crypto or now the early days of AI). But once a market is mature, clients are very unlikely to accept your service (even for free!), if it seems risky let alone incomplete.
> or they simply don't tell the whole truth.
You hit another nail. No one is going to tell you what dark/grey/shady actions they took to get where they are. YC call it "naughty" founders.
> but maybe the truth is that it does not take 7 months, but 7 years?
Another nail. Bare some exceptions, most businesses take years to build. A product will take years of polishing to become mature enough to be used.
Because VCs love quantifiable metrics regardless of how reliable they actually are. They raise money from outside investors and are under pressure to deploy it. The metrics give them something concrete to justify their thesis and move on with their life.
As someone running a web app, I can see the appeal. I get tens of thousands of "attacks" per day from bots scanning for WordPress/PHP files and that's not even counting the "legitimate" bot traffic crawling your site for content or AI training data.
Now, tens of thousands of requests probably won't do much if you have basic security, caching, and optimization in place. But if your app is a mess, sometimes it's easier to just slap a Cloudflare gate on it and call it a day.
I honestly have no idea what is going on. Lots of broken things in what's supposed to be front products for Google and other "high name" brands. I don't get it: Where is everybody? Is there no one there? Are these companies really dead inside?
It's (at least partially) the layoffs. I've noticed significant degradation in the external-facing administrative layer at these companies. I recently did some work for a company that was trying to partner with Meta's e-commerce platform and even though there was a ton of documentation on how to integrate, etc. the human approval and planning piece of the project was completely dysfunctional on their side.
MS showing "view summary" button for all meetings, then doing bait-and-switch to tell you to buy Copilot license (on a corporate seat no less, where regular users don't have purchasing decision power) is top annoyance now
Unrelated to the article: But am I the only one annoyed by this AI-style writing? The article does actually have value if you are running a WordPress website but these sentences give me nausea:
- That's not a typo. Zero point eight percent.
- don't immediately blame your plugins. Check what's being requested.
- One HTTP request, hundreds of login attempts. That's the amplification. (in bold!)
- So if your cache rate suddenly drops on an otherwise quiet WordPress site, don't immediately blame your plugins. Check what's being requested.
This is a very long post just to say they're now running an SMTP server. I've been sending and receiving emails from Workers for two years; though for sending, you still need an external SMTP server like SES or Postmark.
Don't get me wrong, sending (and delivering) emails is genuinely hard. But we'll only know how good Cloudflare is at it after a couple years of real-world experience.
Was it a right that should be had, should be the question. I don't think you are refuting the parent claim. Americans are rolling over and justifying terrifying out reach from not-very-organized authorities (ICE). The American set of freedom, liberties and rights are more fragile than Trump's ego.
> Was it a right that should be had, should be the question.
Fair, but everything else I said goes through the same.
> Americans are rolling over and justifying terrifying out reach
I just don't see the terror? If someone is coming over here on a student visa and then doing political activism, it seems completely reasonable for the immigration authorities to check that out.
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