What is actually interesting was that Mailchimp was actually a ‘side business’ for them, and it wasn’t until years later

Although working as a coder was of interest, one other thing interested him even more, and that was making money. Oringer was always creating new applications and marketing to his own email list a variety of products to buy. He did this while working on his master’s degree but soon realized that products sold better if you attached photos with them.

Founded in 2001 by Ben Chestnut and Mark Armstrong, Mailchimp served originally as an email marketing service and has since developed into a more feature-heavy marketing platform.

However, photos were super expensive to use, so he decided to take his own photos with a Canon he bought. This soon prompted him to realize that other entrepreneurs on the web might want stock photos as he did. With this, he put together the odd 30 000 photos he had already took and paywalled it behind a website with a $49 monthly subscription for unlimited use.

In this field, relative positional encodings have been found to work really well. They consist of learnable embeddings that learn to encode relative distances between features instead of encoding their global positions.

At home, I turned on the news in America. I listened to an interview with a crying nurse. She was crying because the number of cases in America had risen exponentially, and, on her drive home after spending her day watching people die from the virus, she passed bar after bar packed with maskless people. She was talking about how helpless she felt, desperate for people to understand the severity and horror she was experiencing every day.

Originally the founders were actually running a design consulting company but found themselves constantly being asked to create newsletters by their clients. Instead of doing this ad hoc every single time, they decided to create a tool to do it for them instead.

My father tells me a story of how he was in the grocery store the other day and saw a man walking around without a mask. “He looked at everyone he passed as though he was waiting for someone to say something. It was so wild. He was just itching for a fight. I can’t understand some people.” Similarly, I listened to an interview recently with Patty Schachtner, a senator from Wisconsin who’d had a person at a grocery store tell her to “take that fuckin’ thing off” in reference to her mask. Meanwhile, she is busy trying to prepare for the worst-case scenarios in the rural corners of her state by renting freezer trucks for when the body count overwhelms the morgues.

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ementation, NeuralTalk2 still makes use of RNNs and is based on Torch, and can run on a GPU while supporting CNN finetuning. Although the developer has deprecated the original NeuralTalk, it is still available on GitHub for anyone to take a look.

When I Skype with my family back home in Massachusetts, I am amazed by the stories they share. The U.S. appears as an alternate reality. My brothers are lucky enough to have work that allowed them to go fully remote. One of my brothers has a baby on the way, and he and his wife are frightened to even leave the house. My grandparents shop for groceries in hazmat suits. My mom is concerned about family members who are convinced Covid-19 is a conspiracy designed to steal the election. My parents want to celebrate the holidays with family but can’t trust that all of the members of their “pod” are listening to and taking recommended precautions.

In this field, relative positional encodings have been found to work really well. They consist of learnable embeddings that learn to encode relative distances between features instead of encoding their global positions.

A few weeks ago, a colleague came into my office and announced, “Damn, it looks like things are starting to get bad again.” He turned his phone toward me. It was opened to Worldometer’s Covid-19 tracking page. I scrolled down to select the country we live in: South Korea. “How many days has it been going up?” I asked. “It was 303 then 343 and 363 cases today. They’ve just increased the alert level to 1.5.”

In Computer Vision, these embeddings can represent either the position of a feature in a 1 dimensional flattened sequence or they can represent a the 2 dimensional position of a feature.

That night, I stopped at the grocery store on the way home to pick up some extra food. If cases keep rising, I know restaurants will likely start reverting to takeout orders only and closing earlier. My weekend appeared likely to be an isolated one.

Today Shuttlestock is worth over 2.5 billion dollars since IPOing in 2012. That surely is an impressive run for a solo founder whilst bootstrapping his service. One of the main reasons he never had to raise a round was that he achieved product-market fit relatively early on, where demand exceeded his own photo supply.

This soon blew up, and Oringer expanded his services by adding on contributors beyond himself. This was all bootstrapped with Oringer raising a small round only once (mainly to help scale his management team) and still maintains a close to 50% ownership of the company by himself.