Super proud to work with Zack Kanter, Jared Short, and Stedi engineers to power their multi-tenant log search with Quickwit Lambdas.

'It scales from zero cost at rest to practically infinite volume.'

❤️❤️❤️

Thank you for choosing Quickwit !

Like all observational epidemiology masquerading as scientific research, this is also explained by the inverse: “outsized shareholder returns causes companies to make acquisitions.”

'A democracy cannot exist as a permanent form of government. It can only exist until the majority discovers it can vote itself largess out of the public treasury.'

Do people really believe that buildings like this are selling for $3.5m?

We had confirmation via informal channels in <24 hours that it had been reproduced and was a serious issue, and we felt it was treated appropriately from start to finish (despite the outrageous framing in these derivative articles). More details in this thread from Colm MacCárthaigh.

Zack Kanter Stedi AWS Security Zac Charles 🇺🇦 did the tedious work to find the source, Olaf Conijn got the minimal reproducible case, and Pavel Tcholakov dug deep to question everything.

This looks awesome. Seems like few people are better positioned than First Round to do this.

Stedi i knew this was going to be a banger. it delivered.

also: the 'discussing roadblocks' section touches on something i haven't seen covered in similar documents; i like the suggested approach, will adopt it.

When should you outsource vs. build internally inside a company?

Good framework from @ZackKanter.

The pharma industry spends about $83 billion dollars on R&D and $6 billion on direct-to-consumer advertising annually, according to the US CBO and GAO – an excellent example of the 'What You See Is All There Is' (WYSIATI) phenomenon.

What’s happening is other countries have price controls on drugs and we don’t. ROI on pharma R&D is 1.2%. We subsidize pharma for the rest of the world – if you institute price controls in here, pharma innovation stops. We should be demanding that other countries raise prices.

This is true, but if you set aside R&D costs and assume everything gets invented anyways, then it only costs $5. And if you set aside the plant, personnel, and materials, the cost approaches $0 or maybe even less. It all depends on how you look at the numbers.

It’s not just big pharma that participates in this greed. You won’t believe how cheap air travel is without the cost of the airplanes or cloud hosting is without the cost of data centers. Government is even worse – it’s $17 to drive over the GWB and it costs them nothing!