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robjeiter commented on Tesla Robotaxi Videos Show Speeding, Driving into Wrong Lane   bloomberg.com/news/articl... · Posted by u/jmsflknr
jandrese · 2 months ago
Tesla is a meme stock. Any relation to their fundamentals is purely a coincidence.
robjeiter · 2 months ago
Would not necessarily call it a meme stock as long as people are trying to value it based on future uncertain cashflows. Nobody knows for growth stocks how high they'll be; that's why they're very volatile. Yet I'd argue that most people buy for the future cashflows and it's not a meme cult like GME
robjeiter commented on AMD's CDNA 4 Architecture Announcement   chipsandcheese.com/p/amds... · Posted by u/rbanffy
robjeiter · 2 months ago
When looking at inference is AMD already on par with Nvidia?
robjeiter commented on No Bitcoin ETFs at Vanguard (2024)   corporate.vanguard.com/co... · Posted by u/mooreds
leishman · 7 months ago
"We do have a lot of interest in blockchain, the technology behind cryptocurrencies. We believe its application to a number of other uses besides crypto will make capital markets more efficient, and we’ve been actively involved in research to use blockchain technology."

The exact opposite is true. Blockchain "technology" is useless beyond its ability to enable Bitcoin - a monetary innovation. Using it for anything other than that is simply trying to find a problem for a solution. Crypto beyond Bitcoin is also largely useless beyond serving as a democratized casino.

robjeiter · 7 months ago
Fully disagree. Tokenization enables better financial markets. Bitcoin is the useless asset since it's proven that productive assets (think stocks) are better store of values than unproductive ones (think gold). Ethereum in that sense is productive because you can stake it for a yield and collaterize it natively to borrow against it and you can tokenize anything on top of it.
robjeiter commented on Show HN: No-code alternative to Retool, Appsmith, Internal, etc.   jetadmin.io/... · Posted by u/antonsv
debarshri · 4 years ago
Very fair argument. My counter would be that the use cases that you are describing are very apt for a low code tool, but it also sounds like the market for that very niche and small (I might be completely wrong). You are talking about small businesses with 10 or less employees. Cost of acquiring them would keep growing as it looks like the market is getting commoditized, barrier is getting lower and crowded. My argument is very simple, if I am a small business my first intuition would be to find a platform with white-label community management for my customers and not build an app. Similarly, If I am small business I would look for a product for law firm or client management platform not think about building my own platform. I am saying this because if I am small business, I would not have time to build my own platform.
robjeiter · 4 years ago
what you say makes sense. we have been struggling with finding a customer acquisition channel that is scalable. However, there are situations in which customers prefer to implement custom solutions & not use a SaaS. In that sense no code is more a competition to web development agencies than to a SaaS business. In order to acquire a new customer you need to find someone who wants to build an app now & needs a custom solution
robjeiter commented on Show HN: No-code alternative to Retool, Appsmith, Internal, etc.   jetadmin.io/... · Posted by u/antonsv
debarshri · 4 years ago
Looking at the landscape of lowcode/nocode platform popping up recently, I can't help to notice that these platforms have started becoming very commoditized. Premise of all the tools is that, building UI is hard and you should use the tool. But if 100s of companies are doing the same, then I'll question the premise. Also, why would you build these solution yourself and not buy a point solution. For eg. CRM, why would you build your own crm when you can just buy a saas that does it for you. It is not that I'm against tools like this. Just some thoughts as I'm venturing into this space. Would love to hear some arguments.
robjeiter · 4 years ago
You are right about the fact that there is already a specific SaaS business for every use case that can be standardized.

However, what our customers build on Chartmat (also a no code tool) are custom solution: e.g. a therapist who has her own approach & wants to have an app for that approach that serves around 100 people. She could not use a custom SaaS because that would be following the approach of another "guru" in the industry. So there would not be a personal connection between her & her customers. Also for around 100 customers she would not want to hire a web dev agency to build a professional app. So that is kind of one of the use cases where a no code tool makes sense.

Another scenario is the following: let's say you are a small business (<5 employees) & you need a SaaS for time recording, billing, recording expenses, accounting, collecting customer information -> things that many small businesses like law firms need. Now you could have either 5-6 SaaS solutions for this or you could use one no code tool & process everything through one tool kind of like an ERP for small businesses and solo entrepreneurs. So you would end up paying 29$/month instead of 5 x 20$. Additionally you could easily consolidate all the data that matters in one single dashboard.

robjeiter commented on What if all workers wrote software, not just the geek elite?   economist.com/business/20... · Posted by u/aluket
robjeiter · 4 years ago
I'm semi-technical & worked mostly in non dev roles. I've been coding apps all the time in my previous jobs. Mostly this was done in JIRA or Excel - creating a workflow, validating new data that comes in. Easy repetitive things that frustrated everyone on the team & myself the most. Now I am helping other to do this as the co-founder of a no-code SaaS (Chartmat). the amount of people who love to build without depending on devs is mind-blowing. I'm looking forward to this next decade in which building websites, dashboards and apps becomes more of a commodity that everyone can do and devs move on to more complex and critical functions such as writing smart contract & scaling apps.
robjeiter commented on Show HN: Budibase – An open-source low code platform   budibase.com/... · Posted by u/foxbee
mjashanks · 4 years ago
TLDR; AppSmith and Budibase are quite different platforms, but with significant overlap.

Budibase is meant to be used by IT Professionals (sysadmins, dbas, IT managers, PMs, developers). AppSmith is more targeted at developers. Because of this, Budibase has much less of a reliance on code - we like to say “code optional”.

Also, you will see us talk more about “Business apps”, rather than “Internal Tools”. A Budibase app is a real, single-page application - which you would happily give out to external users and folks in other departments who do not need to know your team’s internal processes. The apps are also responsive by default.

Another differentiator is that Budibase comes packaged with a database (runs on CouchDB). This makes creating new applications easy - without having to spin up another DB. We also offer 1st class support for SQL Databases - Budibase will automatically fetch your tables and automate the basic INSERT, UPDATE, SELECT and DELETE statements (like an ORM).

If you want to place us in the overall low-code landscape, we are more like an open-source Powerapps/Mendix/OutSystems. I sometimes say (half-jokingly) that Budibase is what would happen if Retool and Stacker had an open-source baby.

robjeiter · 4 years ago
hey there, here is Rob, co-founder at Chartmat. Congrats on your Launch. this looks amazing. Also super interesting thread on HN.

At Chartmat we also provide internal apps, forms & dashboards (we are at an early stage though). however, we are targeting non-technical users (no-code niche), since we found it hard with our previous low-code iteration to get enough users.

I wish you guys all the best on your way & I'm always happy to exchange experiences. Keep the good work up!

u/robjeiter

KarmaCake day27September 23, 2020View Original