Austen Allred
@Austen
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Co-founder & CEO @bloomtech : the school that invests in you. Will tweet as I wish and suffer the consequences.
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Joined December 2010
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Last Seen Profiles
Pinned Tweet
Only Wall Street could be stupid enough to see spending half of your annual gross profit on training AI as a bearish signal
$10 Billion?! For perspective that’s like half the entire annual gross profit atm.
Only 1 way Wall st will react to this short term…
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Programmers can literally just sit down at a computer and create value for people out of thin air
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I was very very sad when I learned the Domino’s pizza tracker is entirely fake (based solely on time since order), but I have to commend whatever engineer suggested doing that instead of spending $200 million building out the infrastructure to support it being real
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Six-year-old: “Dad why do you have to go to work?”
Me: “If I didn’t go to work who would buy your transformers?”
Six-year-old: “Dad the money for transformers doesn’t come from your work. I pay for those by doing extra chores.”
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“The world is not driven by greed, it's drive by envy.”
— Charlie Munger
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Yahoo bought a platform that was 90% porn for $1.1 Billion and subsequently banned the porn.
Really wild decision making.
Former Yahoo CEO Marissa Mayer reveals she regrets buying Tumblr instead of Netflix or Hulu.
Yahoo bought Tumblr in 2013 for $1.1 billion, but by the time it was sold in 2019, the value of the platform was reportedly down to $3 million.
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To rent Dune 2 is $24.99.
To buy Dune 2 is $29.99.
10/10 pricing strategy. Congratulations to all involved.
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This happens all the time. Universities very literally are not training you for a job as a software engineer.
They are training you in the academic field of the science of computing.
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Everyone is ripping on this girl for feeling entitled to a more impressive job just because of her degrees.
But some of the responsibility should be shared by the people who told her for 20 years if she just got degrees people would be begging to hire her.
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The default math class in high school should be Statistics instead of Calculus
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New mortgage math is brutal.
Say you buy a $1m house with $200k down at a 7% rate ($800k mortgage).
Over the first three years you pay $193k ($5,322/mo.)
After those $193k of payments your $800k mortgage is now at $774.5k.
You paid $166k in interest, $25.5k in principle.
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Honestly surprised we’re not hearing a little more about the whole, “China has locked down a city of 28.5 million people and they’re starting to go hungry” thing
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By the time a man is 40 he must choose an intellectual hobby.
These are the only options:
1. World War II
2. Genghis Kahn
3. Greeks/Romans
4. Napoleon
5. Revolutionary + Civil War
6. Model trains
I don’t make the rules.
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Joe Rogan: “My dad was abusive and manipulative.”
Joe Rogan’s dad: “That’s not true! I could beat you up right now. Also, I will reveal negative things about you unless you do what I say.”
Apparently Joe Rogans Biological father is calling out Joe Rogan on TikTok
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“Nah I don’t even use that social network anymore.”
“Why?”
“IBM and Comcast stopped posting there.”
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People are saying twitter is going to go down as if the way servers stay up is a bunch of infra engineers sitting in the back room pedaling stationary bikes to power the racks
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This is one of the craziest things I’ve ever read.
First, the FAA gave secret code words to students in the Black Caucus of Federal Aviation Employees to put in their resume that would skip them to the front of the line.
In another instance of the signals to go to the front of…
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“I’m going to quit tech and go work on a farm” is really compelling if you don’t know what working on a farm is like
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Cambridge Public Schools eliminated advanced math in middle school with the aim of reducing disparities between low-income children of color and their more affluent peers. But some families and educators argue the decision has had the opposite effect.
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If Twitter actually went from 7,500 people to ~900 people,
And you assume a $200k/person/yr cost,
Headcount costs at Twitter just went from $1.5 Billion/yr to $180 Million/yr.
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Community Notes my favorite Twitter feature in a long time.
I mean, how do you get such very basic details wrong?
And now if you do it’s there for all to see.
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You have to admit it's pretty funny that San Francisco will clean itself up practically overnight when an important Communist comes to visit
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I don’t know who is telling these kids that a generic degree is equivalent to experience or makes you qualified for high-paying roles, but it simply does not
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A snail travels around 1mm/s.
That’s 31.54 km/yr (19.6 miles/yr) assuming it never rests.
It would take 126 years to travel from LA to NYC (ignoring sleep/rest and geography).
Common garden snails only live 2-5 years, so it would likely die within 100 miles.
Take the money.
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A random thing someone told me once that I now think about constantly:
If you feel like you hate everyone, eat.
If you feel like everyone hates you, sleep.
If you feel like you hate yourself, shower.
If you feel like everyone hates everyone, go outside.
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It’s still absolutely wild to me that people are like, “OK I have $100 million dollars I’m going to donate.
I know what I’ll do! I’ll make Harvard’s endowment grow from $52.3 Billion to $52.4 Billion.”
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How you feel about Elon Musk is how you feel about yourself
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This is one of the craziest videos I’ve ever seen.
Harry Mack is incredible.
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Tried to grab a Starlink for a family camping trip but was too short notice to have it shipped on time.
Look on Facebook marketplace and people are *renting them out* for $25-30/day.
Guy has 7 of them, all fully rented.
He’s clearing almost $5k/month by renting out Starlinks.
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Business Insider openly admitting that they don’t care (or check) whether what they’re publishing is true or not because they said “reportedly” in the headline
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I find it hard to believe people are using Siri and are still convinced AI will take away all of our jobs
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I keep seeing this floating around, but we need to get something straight:
The McAllisters from Home Alone were *never* a middle class family.
They were very clearly extremely wealthy.
Working on vacation plans and thinking about how an ordinary middle-class family used to be able to afford a first class trip to Paris for 12.
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Working on a farm for one week would cure this itch
The longer you spend in tech, the stronger the urge to buy a farm and never touch a computer again in your life
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Why the hell did T-Pain become known for use of autotune when dude can sing like that?
T-Pain Singing "Tennessee Whiskey" Is The Best Cover In The History Of Recorded Music
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I absolutely love that Apple announced all of this at the same time
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Has any food establishment gotten worse at a rate comparable to Chipotle?
The decline is incredible.
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Mark Zuckerberg didn’t found Facebook until he was 19.
Evan Spiegel didn’t found Snapchat until he was 23.
The Collison brothers didn’t found Stripe until they were 22 and 20.
It’s never too late to start a company.
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At a minimum you have to admit that Elon Musk being the richest person on earth is pretty entertaining
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🚨🚨🚨
One of the richest men on the planet (the one who has started the successful electric car and rocket companies) isn’t smart.
The longtime comms professor has seen enough and is CALLING IT.
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Community Notes makes me wonder how much clearly fake stuff we used to see and simply believe
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This is important because once you run water over something to cool it down the water ceases to exist
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Can’t decide if this is more funny if it’s satire or if it isn’t
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California’s High-Speed Rail project was originally estimated to cost $33 Billion.
Now they’ve spent $9.8 Billion, no track has been laid, and they estimate it will cost another $100B+ to complete.
For a single system that will be about 800 miles long.
Honestly impressive.
Doing the annual check-in with California's high speed rail program.
No track laid yet, but it Looks like we got a new estimate on the final project, putting it at a cool $128,000,000,000.
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It’s kind of crazy that the culture of golf and skiing are, “Just leave your thousands of dollars of equipment wherever, it’ll be fine.”
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An incredible moment from a 60 Minutes episode about Amazon in 1999.
"A couple of geeks who sketched out some software... could destroy Sears Roebuck?!"
He can barely stop from laughing.
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We DO NOT throw away perfectly good food in this house.
We put the leftovers in Tupperware, put the Tupperware in the fridge, let it go bad, THEN throw it out.
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If your job involves being paid well to sit in a climate controlled room all day and do something you find interesting know you’re one of the luckiest people to ever walk the earth
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How on earth did this hellish thing become the default light fixture?
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Compare the New York Times treatment of:
1. Coinbase having layoffs.
2. FTX defrauding customers, going bankrupt, and disappearing ~$10 Billion of other peoples’ money.
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Freedom of religion, except we pass a law that requires you to open your store during your holy day of rest somehow
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"Don't learn to code. Soon GUIs will do it all for you." - 1985
"Don't learn to code. Soon that will all be done offshore for pennies." - 2003
"Don't learn to code. Soon nocode tools will do it all for you." - 2015
"Don't learn to code. Soon AI will do it all for you." - 2023
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I know I’ll get slammed for this but I don’t care:
I feel very lucky we live in a time where we get to watch Elon Musk.
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PSA: If you’ve wanted to travel to Maui, it’s probably the best time ever to visit (other than Lahaina proper).
Beaches are empty. Airbnbs, hotels, rental cars are at 1/4 the usual price. Flights into Maui are empty.
Lahaina is closed. Rest of the island is safe and desperate.
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People generally underestimate two things
1. How hard it is to get your foot in the door as an outsider. I lived in a car for months in Palo Alto with no prospects, connections or money to break into Silicon Valley
2. How wide doors are open once you’re on the inside and hustle
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Elon Musk’s net worth is reportedly $274 Billion.
There’s a very good chance Tesla and SpaceX grow another 4x+ from here.
It seems pretty likely Elon will become a trillionaire.
Politicians will absolutely lose it.
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“50 grams of protein is the average daily protein requirement!”
These people hate you.
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Wait so if you’re in the EU is there a cookie popup banner on basically every website you visit?
Lol
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“Everyone knows this, Austen. People aren’t getting CS degrees in order to become software engineers!”
Yeah? Show me the brochure the admissions team hands out to people interested in the Computer Science program.
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I’ve come to believe the attitude “there is no task beneath me” is among the most important attributes of those who are excellent in any company
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Kid: “I’m being bullied constantly, and I need friends. Do you know anyone who can be my friend?”
Neighbors: “No, but here’s forty thousand dollars for some reason.”
Neighbors raised almost $40K for bullied boy who knocked on their door looking for friends
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I regret to inform you SEOs have figured out how to game appending "reddit" to Google searches.
This is the first result for 'best gaming pc 2023 reddit'.
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If Steve Jobs were still alive when this thing came out entire divisions of the company would have been fired immediately
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Somehow I missed that when Biden announced a pardon for everyone in prison for federal marijuana possession…
That pardon applies to literally no one?
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Somebody told me this was a quote published in Scientific American and I was so skeptical I had to Google it and see.
Unbelievable.
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The thing that drives me crazy about reversing Elon’s comp plan is he called his shot, took no cash, and did what virtually everyone thought was impossible.
Then after he does the impossible you call it unreasonable, but only in retrospect.
After everyone was made rich.
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I’m not sure I fully understand…
How can a judge reverse a target-based compensation package after 80% of shareholders voted for it and the target has been hit?
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Apple acquired Siri more than 13 years ago and so far as I can tell stopped working on it that day
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You have to be careful before you dismiss the earliest versions of any technology
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Nah, Apple would simply disable your camera when you delete the photos app.
They have ways to comply the EU couldn’t fathom.
The EU could force Apple to let iPhone users delete the Photos app
This would require a massive rewriting of iOS
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My Facebook/Instagram social graph is basically all the people I knew in High School.
“A place where you can read all the Twitter-like thoughts of the people you follow on Instagram” sounds like a special hell.
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McDonald’s is the point of highest preference falsification in society.
Nobody claims to like it or go there.
$23 Billion/yr revenue.
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Alright some very quick (assumptive) analysis:
1. Looks like the company was nuking most of the sales org. If they’re keeping <25% of an org the calculus isn’t, “Are they doing a good job and have we given them a fair shake?” It’s more, “Who are the top performers we need to…
Getting fired is tough, but it’s important to handle it with dignity. Firing someone is also hard, requiring compassion and respect. Total disaster on both sides here.
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The entire point of marriage is that you and your spouse agree to not think this way
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* Woman buys $2.8 million house in rich San Francisco suburb
* Completely decks it out in a Flintstones theme
* Is told by the city it is an eyesore and needs to come down
* Takes the city to court and wins
What a badass. I love this lady. Long love your giant Flintstones house.
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As startups grow there is extremely strong pull into what I call the death spiral of bullshit.
More people -> more teams -> more buy-in required -> more meetings -> being persuasive rewarded more than building -> builders leave -> nothing gets done
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I can’t get over how stupid it is that employment and health insurance are so directly tied together in the United States.
If you lose your job you lose health insurance at the precise moment you lose the ability to pay for health insurance.
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Twitter should have a feature where if a tweet you saw/liked/shared later gets community noted you get a notification that what you saw was fake
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Showing Lambda School students how powerful twitter can be... if you see this tweet please like it
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It’s pretty incredible how many of the smartest people in Silicon Valley came here on H1B visas.
We’re probably talking millions of jobs created.
The world is not zero sum.
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Today is a day I’ve been waiting for for a long time.
We’re launching living stipends for Lambda School students. We pay you $2,000/month for 9 months while you attend.
You pay back 10% of salary for 5 years, and only when you’re making $50k+.
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