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by JumpCrisscross 8 hours ago
> standard analogy would be selling shovels to the gold miners

There was actually gold in the California hills. Nobody is starting a business the way the Replit ads seems to be pitching.

This one’s a simple pump and dump before the attorneys general get wiser.

1 comments

I'm sure someone somewhere at some point has made some money on replit. There is always an outlier.

Keep in mind the vast majority of gold miners found no gold.

> the vast majority of gold miners found no gold

Source? We would do panhandling trips as Boy Scouts in the California hills. On each outing at least someone found gold. Which means every one of us would have eventually found some given a few days.

Most panhandlers didn’t break even. But I’m challenging even that threshold for Replit. I’m guessing most of their vibe-coded businesses never make a penny of revenue.