You Had One Job: Some advice for anyone performing due diligence.

[maradydd]

There are two ways of constructing a software design: One way is to make it so simple that there are obviously no deficiencies, and the other way is to make it so complicated that there are no obvious deficiencies. The first method is far more difficult.

- Sir C. A. R. Hoare
On the heels of I-guess-it-was-Wednesday-I-don't-keep-my-thumb-on-the-

Comments

[xthread]

Pfui - $1m of funding just means that it was worth somebody's mad money to find out if anyone in the market actually cared about a one bit communication. Or even that it was worth $1m of someone's mad money to see if this set of founders could, someday in the near future, build something that the market did actually care about.

[maradydd]

Except ... we already knew that lots of people in the market care about one-bit communication, because we have turn signals and car horns.

Seeing if it's worth $1M to see if a founder (there appears to be just the one) can make something market-worthy is certainly a thing, although Peter Thiel tends to buy his ten at a time for a tenth the price. Then again, I suppose that's why they call it mad money.

[xthread]

Arguably, turn signals constitute a categorical sum of two one-bit signals; or a product if you include the hazard blink...

/michiexile