Perhaps my reading is coloured by optimism but by my count, apart from peace, language, currency and (debatably) universal good taste, all of which seem a bit utopian (so maybe I’m a cynical optimist) we do—or are well on our way.
At a high level, it's a mix of our own GPU capacity plus the ability to burst into external nodes when things get busy. Right now we're running a bunch of RTX PRO 6000s, which basically forces you into workstation/server boards since you need full x16 PCIe 5.0 lanes per card.
We operate a small private datacenter, which gives us some flexibility in how we deploy and scale hardware. On the software side, we're currently LiteLLM as a load balancer in front of the inference servers, though I'm in the process of replacing that with a custom rust based implementation.
We've only been online since the beginning of this month, so I can't really say much about the economics yet, but we've had some really nice feedback from early customers so far. :)
> I thought A16Z were a top-tier VC wanting to create long-term value.
They invested in Cheddr.
We're building the TikTok of sports wagering. Accessible by 18 to 21 year olds. Live in game micro betting. Swipe to predict every moment. It's sports wagering at the pace of a slot machine.[1]
They invested in Coverd.
Bet on your bills — OnlyFans, child support, and last night’s Uber. Wipe them from your credit card by playing your favorite casino games all from the comfort of our app.[2]
"We didn't build Coverd to help people inhibit their spending; we built it to make spending exciting. We let spenders win twice – the second time is when they play it back and win. Our users want immediacy and upside. Coverd gamifies transactions with real financial leverage, meeting users where they are and turning spending into a moment they look forward to," said Albert Wang, co-founder & CEO of Coverd.[3]
Coverd is impressively next level sociopathic. I love how their first common spending example is OnlyFans, it figures the type of person who imagined this needs a paid parasocial "romantic" relationship.
Brother, the only value VC aims to create is the value in their pockets in an exit event.
Either by having the company acquired by the usual suspects or the jackpot of an IPO where the general public will be bagholders. The damage their investments caused to society is immaterial, negative externalities they don't need to account for.
> It might be a bit facetious, but if I had 10m invested with them I'd be asking questions about their investment thesis.
The obvious answer is that the sort of people that have 10m invested with them just care about ROI.
This is especially concerning as TP-Link (a Cisco brand) are woeful at maintaining the software on their products. They should be compelled to maintain a security programme or at very least open source their firmware at EOL.
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