My aim is not to convince you that everything was better in the past; it wasn't. You had trojans, malware, endless pop-ups, terrible security practices, browser incompatibility, slow Java applets. No, technically, the modern web is more secure and more usable.
An incumbent like Meta - with its cash cow “blue app” and Instagram, and its under monetized other products - is an interesting player in the metaverse because it can afford to experiment with new monetization models and user-incentives under some of its massive digital-first product lines (Oculus, Whatsapp, and Messenger), without jeopardizing its... See more
Let go of the thing that you’re trying to be (the noun), and focus on the actual work you need to be doing (the verb). Doing the verb will take you someplace further and far more interesting.
For example they have lower gross margins. Anecdotally, we have seen gross margins of ML companies at around 50/60% vs 60–80% of comparable SaaS businesses. This is due to two factors. Firstly, the hidden cost of the cloud infrastructure. Training a single ML model costs thousands of dollars in computing resources. Secondly, many applications requi... See more