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by organ1cwast3 48 days ago
Liquidity in the currency market.

Need to propagate a lot of dollars fast, 24/7 as a moat on it remaining a reserve currency.

99% of these software startups are basic software that can be handled by a single dev; see Reddit apps and such.

But that money printer was running hot and heavy. Needed to funnel it somewhere. Why not that favorite political cudgel of the elites; pointless busy work jobs! Let's invest in a bunch of shops nearby for them to lunch at too!
2 comments
locknitpicker 48 days ago
> 99% of these software startups are basic software that can be handled by a single dev; see Reddit apps and such.

This sounds like specious reasoning, similar to the tired old interview question "how would you design Twitter".

Twitter is just a table in a RDBMS, isn't it right? Any fool implements that in an afternoon.

Except it isn't, and the actual complexity of real world software often lies in festures you are completely oblivious.

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organ1cwast3 47 days ago
> you are completely oblivious.

Sounds like specious reasoning similar to the tired trope of "someone is wrong on the internet and I must correct them".

Twitter is in the 1% not the "99% of these..." but don't let reading comprehension get in the way.

I was a phonics kid not a 3-cuing student. Reading scores have nose dived since phonics was phased out. So I understand it's not entirely your fault.

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lelanthran 46 days ago
Twitter is not even in the 1%. In reality, Twitter scale problems are more like 1 in a million.
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fauchletenerum 48 days ago
All of these companies feed their workers in their posh corporate cafeterias while the restaurants around their offices remain mostly empty
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organ1cwast3 47 days ago
Big tech, sure, but not all the startups. I can assure you having freelanced and mentored many a SWE at 5-20 person startups the last 6 years they are not all hiring pro chefs.

Have you not been reading the headlines about urban offices empty? Low taxes to create foot traffic for other businesses?

The trickle down of the ZIRP era was about spreading all the dollars they could print as quickly as possible to maintain dominance of the dollar.

SaaS apps are meaningless to future generations. We were never creating pyramids of Egypt like wonders. We were missionaries for contemporary American propaganda.

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