I'm a sucker for this kind of stuff, but I'm usually disappointed after clicking the link. These on the other hand are excellent, and that they have configurable options like stroke, color, etc is gravy on the top. Thanks for sharing!
This is exactly what happened at a SaaS company I previously worked at. It was an awesome company with ~1500 employees, turning a small profit. Private Equity comes along, buys it with ~$2B in debt. Sticks the SaaS company with a $100M+ annual interest payment. Round after round after round of layoffs ensued. Then interest rates went up... and it got even worse.
I think they are under 500 employees now. They basically laid off almost all of engineering and hired 100 new contractors in India to completely rebuild the entire platform in Node.js, as if the language it was written in was the problem. So glad to be far from that dumpster fire.
Really disappointing to see a great company gutted by some private equity people who almost certainly got their bonuses before the shit hit the fan.
I don't understand: Who's lending the $2B in situations like this? Wouldn't they be worried that the above situation (company gutted, then going down the drain) is going to play out and they won't get their $2B back? Or is that the root problem with this whole YC submission: banks are being hit by defaults because of this exact problem?
It's from the rapid exploitation of an asset. If I have a cow, I can milk the cow or kill the cow. If a cow costs $1, maybe I can get $5 worth of milk over the cow's lifespan, or I can kill the cow immediately and get $2 of meat. The man with $100 who buys all the cows in town and kills all of them doubles his money in a short timespan, but now there's a shortage of both meat and milk next season.
That is the exact problem. The people who put up the $2B thought they were safe - after all they were putting up money to buy a successful profitable business.
Problem is they didn’t really understand the business and trusted the PE guys to keep running it well…
This was driven home to me at SaaS company with > $80M ARR when the new CEO was parachuted in by the PE owner said in an all-hands "and we're close to cashflow positive when we account for our interest payments..." How can a software company generating this much subscription revenue NOT be making money? When it's servicing the > $500M the PE firm used to buy it. The rest of the playbook was boringly predictable: cut costs, sign multi-year enterprise deals, sell before the current fund's horizon and hope the music doesn't end.
As a result I prefer the naked greed of VCs where everybody - VC, owners, employees - knows the plan is IPO because at least it's transparent compared to the dirty lies a lot of PE pushes.
It's the destructiveness that gets me. It's a perfectly good company, employees are happy, consumers are happy, profit is being made, it's sustaining itself... Then they come and just literally destroy all that.
This can't be good for society. I wonder why it's just not criminalized somehow.
> It's a perfectly good company [...] I wonder why it's just not criminalized somehow.
Not-an-expert here, but I think part of the problem is that it's hard to draw a nice legally-enforceable line that would distinguish when it's a "perfectly good" company versus one crying out for intervention.
For example, suppose a company is floundering because of executive mismanagement, outrageous compensation to the C-suite, etc. In that case, someone could LBO in, fix things up, and then sell the revitalized thing later and make a modest profit while improving the world.
The way I see it, it's literally simply the PE paying the existing owner for the privilege of squeezing the value out of the business and its customers in the short term (or in the ideal/theoretical case, running it more sustainably and making higher profits). Management's job becomes to extract high profit in the short term, not to keep the company running profitably.
So, logically, selling to PEs/operators who are known to do this is basically the owners selling out and taking the cash. The consequences are clear to anyone who's been watching.
I saw another model where the PE buys a hospital. They sell the land under the hospital, everyone gets a cut, then they spin out the hospital. Now the hospital has to pay rent on the land it sits on.
It seems like almost every decision made is for short term gain, at the cost of long term viability.
It's funny that "restructure the codebase to be more friendly to agents" aligns really well with what we have "supposed" to have been doing already, but many teams slack on: quality tests that are easy to run, and great documentation. Context and verifiability.
The easier your codebase is to hack on for a human, the easier it is for an LLM generally.
Turns out the single point of failure irreplaceable type of employees who intentionally obfuscated the projects code for the last 10+ years were ahead of their time.
I had this epiphany a few weeks ago, I'm glad to see others agreeing. Eventually most models will handle large enough context windows where this will sadly not matter as much, but it would be nice for the industry to still do everything to make better looking code that humans can see and appreciate.
It’s really interesting. It suggests that intelligence is intelligence, and the electronic kind also needs the same kinds of organization that humans do to quickly make sense of code and modify it without breaking something else.
This reminds me of the early days of the Internet. Lots of hype around something that was clearly globally transformation, but most people weren't benefiting hugely from it in the first few years.
It might have replaced sending a letter with an email. But now people get their groceries from it, hail rides, an even track their dogs or luggage with it.
Too many companies have been to focused on acting like AI 'features' have made their products better, when most of them haven't yet. I'm looking at Microsoft and Office especially. But tools like Claude Code, Codex CLI, and Github Copilot CLI have shown that LLMs can do incredible things in the right applications.
I’ve thought about doing something similar, but at the Service Worker layer so the page stays the same and all HTTP requests are intercepted.
Similar to the window.stop() approach, requests would truncate the main HTML file while the rest of that request would be the assets blob that the service worker would then serve up.
The service worker file could be a dataURI to keep this in one file.
I think there’s an uncanny valley effect with writing now.
Yesterday I left a code review comment that someone asked if AI wrote it. The investigation and reasoning were 100% me. I spent over an hour chasing a nuanced timezone/DST edge case, iterating until I was sure the explanation was correct. I did use Codex CLI along the way, but as a power tool, not a ghostwriter.
The comment was good, but it was also “too polished” in a way that felt inorganic. If you know a domain well (code, art, etc.), you start to notice the tells even when the output is high quality.
Now I’m trying to keep my writing conspicuously human, even when a tool can phrase it perfectly. If it doesn’t feel human, it triggers the whole ai;dr reaction.
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