lubos | 2 years ago | on: Many of today’s unhealthy foods were brought to you by Big Tobacco
lubos's comments
lubos | 3 years ago | on: What I learned at Gitlab that I don't want to forget
lubos | 3 years ago | on: The Collison Brothers Built Stripe into a $95B Unicorn
lubos | 3 years ago | on: FormKit: Form building framework for Vue 3
lubos | 4 years ago | on: Ask HN: How did you find investors for your startup?
lubos | 4 years ago | on: Closest known relatives of virus behind Covid-19 found in Laos
The timeline of HIV pandemic has been established decades after pandemic started. This will take time.
I'd assume that virus originating anywhere in SEA region would be detected in China first. Just like many other viruses originating in America continent would be first detected in USA.
lubos | 4 years ago | on: AWS Region Coming to New Zealand
For example, me-south-1 and af-south-1 still do not support AWS DataSync fully automated transfers. When this feature has been announced, it was put into 16 regions. Why not all regions where AWS DataSync is available?
There is more. This is just last example I've noticed.
As a result, when building cross-region service on AWS, it's not enough to just check whether AWS product is available in desired region, you need to check whether every single feature you need within the product is available in desired region too.
lubos | 4 years ago | on: ASML, a $300B Dutch firm, makes the machines that make semiconductors
Car/appliance manufacturers do not use their cutting edge chips. The biggest use-case for these chips are new iPhones and iPads. Nothing critical.
lubos | 5 years ago | on: Intel to spend $20B on two new chip factories in Arizona
lubos | 5 years ago | on: The Hazards of Asset Allocation in a Late-Stage Major Bubble
lubos | 5 years ago | on: Stripe migrates Stripe Subscriptions users to more expensive Stripe Billing
But... it adds up.
For example, just looking at the last $39 USD transaction in my Stripe dashboard which gets converted to $53.72 AUD (I charge in USD but receive AUD)
Stripe currency conversion fee: $0.88 Stripe processing fees: $1.69 Total: $2.57
That's 4.78% fee. Now add this new 0.5% and we are over 5% fee on transaction processing.
Is this expensive enough for me to consider alternatives? No.
lubos | 5 years ago | on: I sold Baremetrics
And here is the problem. Take VC money and now you are forced to run company at breakeven point.
This company would be perfectly fine operating with half the staff and generating for the CEO half a million in profits per year - every year.
He could have met his family financial goals long ago and still keep the company.
This is what folks at 37signals figured out years ago and good on them. Do not take VC money unless you are already a millionaire and aiming for the moon.
lubos | 5 years ago | on: When I raised my B2B SaaS’s prices
Also. You really don't want customers who will buy from you at $29/mo and won't buy at $39/mo. This is because if $10 makes difference in their purchasing decision, the value they are getting out of your subscription is roughly what you charge. This segment of customers will churn the fastest as they will be constantly on the edge revaluating whether your subscription is "worth it". You might as well not care about whether they become customers or not. So why bother with cheesy tricks to make them convert. It's not worth it.
lubos | 5 years ago | on: Spotify CEO: musicians can no longer release music only “once every 3-4 years”
lubos | 5 years ago | on: New Microsoft Edge
lubos | 5 years ago | on: Virgin Australia administrators agree to sell airline to Bain Capital
lubos | 5 years ago | on: US oil prices turn negative as demand dries up
lubos | 6 years ago | on: Ask HN: How to connect serverless lambda functions to custom domain?
lubos | 6 years ago | on: Ask HN: Is there a service like Heroku for hosting .NET core applications / dbs?
lubos | 6 years ago | on: Ask HN: What is the ops architecture like for AAA multiplayer game servers?
We should eat food that our pre-industrial ancestors would recognize.