1. Liquidity: Early investors could sell to late-stage investors, since they are not IPO. Their previous round looked like that.
2. Markup: The previous investors can increase their valuation by doing a round again. It also provides a paper valuation for acquiring new companies. That combined with preferred stock (always get 1x back) might be appealing and make some investors more generous on valuation.
In a kind of a ... ponzi pyramid?
I haven't found however if Cursor cli provides this kind of extension
I would _never_ give an LLM access to any disk I own or control if it had anything more than read permissions
Looking at "Google AI Ultra" it looks like I get this Jules thing, Gemini App, Notebook, etc. But if I want Gemini CLI, then I've got to go through the GCP hellscape of trying to create subscriptions, billing accounts then buying Google Code Assist or something, but then I can't get the Gemini app.
Then of course, this Google AI gives me YouTube Premium for some reason (no idea how that's related to anything).
From a professional context for example, we are using in my company both Google Workspaces and GCP.
With Google Workspaces, we have including in our subscription Gemini, Veo 3, Jules, etc. Everything is included in a subscription models, rate-limited but unlimited. The main entrypoint is gemini.google.com
However, everytime we need to use the API, then we need to use GCP. It gives us access to some more advances models like Veo3 instead of Veo3-fast, and more features. It's unlimited usage, but pay-as-you-go. The main entrypoint is GCP Vertex AI
And both teams, Google Workspaces and GCP are quite separate. They often don't know really well what the others teams provides.
I find the token/credit restrictions on Opus to be near useless even when using Claude Code. I only ever switch to it so get another model's take on the issue. Five minutes of use and I have hit the limit.
I’m not endorsing this release practice in particular, it scares me. But I have been involved in a lot of automation projects where perfection was the initial goal, and then abandoned because it was obvious that non-automated work was so imperfect. Human error is a fact of life.
I don't condemn using LLM, but at least they could have use it in order to write better Github Actions instead.
People are living and staying healthy for longer than they used to, while the overall population is aging disproportionally due to low birth rates. If they hadn't raised the retirement age, they would have to raise taxes very significantly.
People should remember that retirement is about making sure the people who are too old to work can still live respectably. It's not an end-of-life vacation.
Of course, it's still going to be massively unpopular. But the alternative is fiscal armageddon.
With retirement at 70, manual labours can already stop dreaming of taking a rest before dying.
They just won the market because historically they reused existing locking bricks concept from a company called Kiddicraft, found a way to make it more lockable... and patent it before the original company and other companies could implement it.
We can say that they became famous half fir engineering reason, and half from their legal department...
If you are looking for the place to hire new engineers, or researchers to work on an advanced project, I would recommend it too.