swexbe

5 ms·

1.
by swexbe 21d ago
I'm using an app
2.
by swexbe 3mo ago
Anyone who's credit rating is bad enough to not be able to get a credit card.
3.
by swexbe 6mo ago
VC money bailing out other VCs. A tale as old as time.
4.
by swexbe 7mo ago
Customers come back to Netflix since they have the best content out of all the streaming providers. This is their moat. ChatGPT, on the other hand, is literally exactly identical to their competitors for the most common use cases.
5.
by swexbe 7mo ago
OpenAIs investors can look forward to having an operating margin as impressive as the company that produces Band-Aid
6.
by swexbe 7mo ago
Stickyness absolutely helps. But it won't get you anywhere close to a MAG7 operating margin. I think we are already seeing the start of price wars. I cancelled my ChatGPT subscription once i realized Gemini Pro was included in my Googl
7.
by swexbe 7mo ago
Does this matter if a 2 person startup can blow them away on price?
8.
by swexbe 7mo ago
...if it works.
9.
by swexbe 7mo ago
Muddying the water to make it seem deep.
10.
by swexbe 7mo ago
Except resources won't be plentiful for a long while since AI is only impacting the service sector. You can't eat a service, you can't live in one. SAAS will get very cheap though...
11.
Private Equity's Giant Software Bet Has Been Upended by AI(bloomberg.com)
2 points by swexbe 8mo ago|0 comments
12.
by swexbe 8mo ago
They are not free, they are paid for by taxes. And in pretty much all countries, irrespective of funding model, these services have increased in price much faster than general inflation. This is the Baumol effect in action.
13.
by swexbe 8mo ago
> indicies that usually do not perform that well MSCI EM has outperformed MSCI US since it's inception in 2001 if you look at total return.
14.
by swexbe 8mo ago
When you take depreciation into account, it's probably less profitable than a government bond.
15.
by swexbe 9mo ago
I wish I could use Mullvad. But their IPs are banned from many streaming services and they don't change them often enough so I am stuck with Nord.
16.
by swexbe 9mo ago
Most investors have more money invested in their house than stocks.
17.
by swexbe 10mo ago
weird flex
18.
by swexbe 10mo ago
Despite
19.
by swexbe 10mo ago
...and a decade later they were close to bankruptcy.
20.
by swexbe 10mo ago
All chat apps look exactly the same and have exactly the same features. The friction is basically non-existent compared to email services, social media, web browsers, &c.
21.
by swexbe 10mo ago
Just like no one normal would ever switch from internet explorer?
22.
by swexbe 1y ago
What are you talking about? It's trading at 55x EPS and 41x forward EPS.
23.
by swexbe 1y ago
Might have been the case before. But these days, kids are brought up on locked-down content-focused machines (e.g. ipads). They struggle with anything harder than restarting an app.
24.
by swexbe 1y ago
Don't really need much capital if you don't need any engineers. Don't need social connections if the end-consumer can just conjure up apps themselves with AI.
25.
by swexbe 1y ago
I just pasted my last conversation with ChatGPT into that which also gave me 0% AI GPT. I would take that site with a mountain of salt.
26.
by swexbe 1y ago
Most businesses are not as portable as a tech startup.
27.
by swexbe 1y ago
Young people don't even speak to each other on the phone anymore.
28.
by swexbe 1y ago
You can rent one from most cloud providers for a few bucks an hour.
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by swexbe 1y ago
[Citation needed]
30.
by swexbe 1y ago
Something like Russell 2k would be a better comparison if GP is trading pennystocks.

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