Biderman: PC hardware will soon run near-trillion-parameter models locally
“And in the long, long term, I do think these things will actually run on people's devices, and we're seeing right now the new hardware on personal computers is already, ah, you know, soon approaching the ability to run inference on close to trillion parameters…”
Ridley: A personal computer pioneer would have emerged without Steve Jobs
“If Steve jobs hadn't existed, there would still have been a hero of the personal computer.”
Andreessen: Personal computing was text-based for 17 years before GUIs
“The personal computer from sort of invention in 1975 through to, you know, basically 1992 was a text prompt system. I mean, 17 years in, you know, the whole industry took a left turn into GUIs and never looked back.”
Taneja: AI is first technology wave where every global CEO is adopting
“For the first time, every CEO in every industry in every country is thinking about what do I do with this technology? Never happened before. Cloud wasn't like that. Certainly PCs weren't like that. Internet wasn't like that.”
Wu: AI scales faster because single-player utility lacks hardware barriers
“AI is, I'd say, uniquely different from some of these previous ways, in an important way, which is, you know, personal computer, or internet, or mobile phone. All of these had a, one of two things, or often both. One was a big hardware component, of like, yeah…”
Lundin: Doubting AI permanence is like dismissing PCs as a fad
“AI is here, you know, and if you're somebody who's fighting the idea that, well, I don't know if AI is really a good thing, AI is going to stay or not. Well, I mean, you can be that same person who thought the personal computer was just a fad.”
Gilbert: US PC Household Penetration Grew From 10% in 1986 to 62% in 2003
“The US household penetration of personal computers, again, flashing back pre-IPO, was only eight percent. So that whole doubling year over year over year, By Microsoft's IPO, they still only got to around 10% of penetrating the U.S. By 1997, 13 years later, it…”
Andreessen: Pre-1993 PCs and Macs lacked built-in TCP/IP support
“Computers, PCs and Macs up until 93, 94 didn't even come with TCP IP built into the computer, built into the operating system.”
The PC market grew at a 98% CAGR from 1975 to 1986
“From 1975 to 1986, 11 years prior to their IPO, so founding to IPO, PCs grew
At a compound annual growth rate of 98%.”
Steve Jobs Predicted PCs Would Revolutionize Communication, Shopping, and Daily Life
“Personal computers are not just going to revolutionize the computing industry, but how we communicate, how we shop, how we entertain ourselves and how we live.”
Papermaster: Local AI enablement will transform PCs into a new device category
“I mentioned the AI enablement in PCs. That's gonna, I think it's almost gonna make PCs a new category, because when you think of the kind of applications that you're going to be able to run with super high performance, but yeah, low power inferencing you can r…”
Nintendo cartridges prevented the software piracy that plagued early PC games
“It was the way to make money. It's, you know, like personal computers, you can copy that stuff. Right. So there's only so much you can sell. But cartridges, you can't copy them. If somebody wants to play a Nintendo game, they have to buy a Nintendo game.”
Mangaluzzo: PCS projects 2022 revenue between $27M and $28M
“Projected revenues this year are around 27, twenty eight million.”
Mangaluzzo: PCS closed 2021 with $24M to $25M in revenue
“Last year closed around the 24, twenty five million dollar mark.”
Mangaluzzo: PCS Launched Charging $40 Hourly Against $120 Competitors
“My competitor was charging 120 dollars an hour. For me, 40 bucks an hour seemed great. So that's what I charged.”
Mangaluzzo: PCS Sees Strong Inbound Demand for Cyber Incident Response
“We have a lot of work coming in right now in remediation and incident response.”
Mangaluzzo: Nearly 10 employees have stayed at PCS over 15 years
“I have so many people that I've worked with for over 10 years. I have a half dozen now, probably even more than a half dozen, probably closer to 10 that's been with me more than 15 years.”
Mangaluzzo: PCS clients paid IT bills faster at the start of COVID
“I was very concerned about our accounts receivable when COVID started. Well, something very surprising happened, and this was even before the PPP. People paid their bills more quickly. I almost feel like at least for my particular business, we've shifted more …”
Mangaluzzo: PCS employs around 120 to 130 staff at headquarters
“Just in our headquarters, we have about a 120, some people, maybe a 130.”
Mangaluzzo: PCS receives 10 to 15 buyout inquiries per week
“But I mean, in our world, the offers come in, you know, literally 10, 15 times a week some weeks.”
Mangaluzzo: IT hardware reselling inflates top line with near-zero margins
“I could move 200 grand in hardware and maybe make 3000 dollars. So, you know, I could pound my chest and go, yeah, we did 200,000 dollars in sales. But at the end of the day, it just made my number bigger. You know, I score some points with Dell and I get some…”
Mangaluzzo: Founders Must Overcome Narcissism to Delegate Non-Essential Work
“Part of being able to let that go is an evolutionary process, because then you could worry, worry about getting good at other things, you know, getting good at process, getting good at business development. And that's gonna be different for everyone. You know,…”
Mangaluzzo Manages 12 LLCs With 99% of Email Directed to PCS Account
“The problem for me is, you know, even though I probably have like 12 different LLCs and eight different email addresses, Realistically, 99% of my email comes through my PCS email.”
Tapaninaho: Pizza ovens follow the mainframe-to-PC hardware disruption model
“Maybe there is a connection here that has repeated itself over years and years and years in other industries, that there are These large machines, they used to be mainframes, and then there was the personal computer. Things happened in between there as well, b…”
Evans: Crypto is in an early-80s PC era of infrastructure and bullshit
“We're at this stage now of, like, internet early, PCs early eighties, internet early nineties, Enormous amounts of bullshit, and people kind of building this plumbing, and infrastructure, and that's where all the kind of clever, interesting stuff is.”
Evans: Meta wants VR to replace PCs and smartphones entirely
“And when they say we're building the metaverse, in the end, they want to replace PCs and smartphones with VR and pull everything into VR.”
Evans: Tech paradigm shifts overlap as mainframes still power critical backends
“The cloud all runs on PCs, and like, all backend is on mainframes, and everyone's like, so there's always much fuzzier than in that kind of great schematic In that great scheme. The scheme, I suppose, the point is the scheme is conceptually useful for trying t…”
A small medical billing client referred Mongeluzzo a multi-million dollar contract
“We had a small client, right? They were, you know, three or four, you know, elderly ladies. They did medical billing, and they referred me to a Multi-million dollar state contract in New Jersey, probably about 12 years ago.”
Todd McKinnon: Platform shifts offer the best opportunities to build new companies
“And whenever there's a platform shift in terms of how applications are built and how services are delivered, whether it's PCs or mobile or in this case, the cloud, there's a big opportunity to build new companies, or at least you have the best opportunity to b…”
Evans: In 1994, only 25 million consumer PCs existed globally
“When Netscape launched in 1994, there were less than a hundred million PCs on us. And probably three quarters of them were in company. So there were like twenty-five million consumer PCs on the planet.”
1994 PC Base Was 100M vs. 4.5B Smartphones Today
“Even when Netscape launched there in 94, there were like 75 to a hundred million PCs on earth, like on the whole planet. And now it's four and a half billion smartphones.”
Evans: Smartphone adoption grew from 100M PCs in 1994 to over 5B users
“When the internet, when Netscape started in 1994, there were like a hundred million PCs on earth. And now something over five billion people have a smartphone.”
Evans: Only 100 million PCs existed globally when Netscape launched
“There were only maybe a hundred million PCs on earth when Netscape launched.”
Pipkin avoided manufacturing PCs due to capital constraints and intense competition
“It definitely crossed my mind, but it was pretty quickly dismissed. The amount of capital that it would have taken to do that in any meaningful way would have been more than I could have imagined being able to kind of muster and do. And secondly, there seemed …”
Steve Jobs: Early PCs and Macs targeted management, not operational, productivity
“PCs and Macs never attacked operational productivity. They just attacked management productivity.”
Evans: Apple's 900M active iOS devices rival 1.5B global PCs
“There's only one and a half billion PCs on Earth, and Apple has nine hundred million iOS devices out there.”
Sinofsky: Apple's quarterly device sales match the entire global PC market
“And on a quarterly basis, Apple sells about the same number of, Apple sells the same number of devices as their RPCs sold.”
Sinofsky: PCs will become super expensive and niche like mainframes
“PCs are going to get super expensive now. Like, and everything about them is, it's just like buying a mainframe. Like, today, you can, if you're a big insurance company running mainframe software, you can hire programmers, you can get new features. It's just 1…”
Evans: Adobe Creative Cloud has 7 million subscribers vs. 1.5B PCs
“There's only seven million people subscribing to Creative Cloud, and there's one and a half billion PCs out there.”
Evans: Simplified EV manufacturing will lower entry barriers for tech companies
“And so a little bit like what happened with PCs or smartphones 10 years and 20 years ago you move to a point that it may be easier for people who are not in the car business to be in the car business, because the amount of stuff that you have to make, how that…”
Evans: Autonomous vehicle fleets will be bought like corporate IT hardware
“They're not getting chosen based on how nice it feels when you slam the door and, you know, the diamond cut chamfered edges. They're getting bought in the same way that Hertz buys cars, and they're getting bought in the same way that a big company buys PCs. Th…”
Evans predicts global hardware will settle at 4 to 5 billion smartphones
“There's probably two billion smartphones on earth today, maybe two and a half billion, and the great majority of those mobile phones will convert. And so we'll end up with something like one and a half billion PCs and four to five billion smartphones and those…”
Evans: Only 700 to 800 million PCs worldwide are in consumer homes
“And PCs are about one and a half billion, and half of those are corporate. So it's eight hundred million PCs, or seven or eight hundred million PCs that are in someone's home.”
Chou: 1980s personal computer marketing shifted to target boys and men
“In the eighties, computers started to become more popular. They started to become this concept of like personal computers that people would actually bring to their homes, but they started to become more marketed as things for boys and men.”
Sinofsky: Most consumers regularly use only seven apps on phones and PCs
“Most everybody is going to just use about seven apps on their phone. And the same holds for PCs.”
Dell: Few people and almost no students bought PCs in 1983–1984
“Students weren't really buying computers at the time, and most of the students that I knew, they weren't really interested in computers at the time.
That sounds like crazy right now, but this is back in 1983, 1984.
There weren't very many people that had perso…”
Evans: The global PC base of 1.5 billion is starting to decline
“We have about one and a half billion PCs on earth, and you can see that growth coming up. Over the last couple of decades and now flattening out and starting to decline.”
Evans: Mobile makes technology a universal product for the first time
“I think the first, and really the most important, is the sense that mobile is really making technology a universal product. That is to say, we sold mainframes to big companies, and we sold PCs to middle class families, and we sold technology in one way or anot…”
Evans: Mobile represents a 10x economic opportunity over PCs by 2020
“So there are two or three times more smartphones and PCs by 20 20, but you need to multiply those smartphones because they're personal and they're taken everywhere and they're frictionless and they have sensors and cameras and payments and all these other thin…”
Morin: Biotech and Software Intersection Starts 30-Year Shift Like PCs
“I really think that we're on, we're at the beginning of a thirty-year journey that's similar to the personal computer that is going to Be based on genomics, technology, and software.”