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Digital Tech Trek Digest [#Issue 2024.09]

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As an entrepreneur, pricing is an important consideration in any evaluation, development, and customer testing. In How To Price A SaaS Product, we see different pricing strategies, cost-based pricing, competitor-based pricing, penetration pricing, value-based pricing, freemium pricing. None of these match what I am ultimately considering: consumption-based pricing. Pricing is critical to define the value proposition statement and determine the range of the total lifetime value (TLV). It can vary greatly for B2C, B2B, and B2B enterprise offerings. If we look at YCombinator https://www.ycombinator.com/library/6h-startup-pricing-101 a basic principle is determining the gap between price and cost. That is your margin and your incentive to sell, and you work with either cost-plus or value-based pricing. Starting with founder-led sales is difficult as you do not have the luxury of a dedicated and experienced head of sales to work on different models and guide a technical founder, even before you enter the minefield of enterprise sales with applicable bids, contract, and compliance complexities. I am drawn back to “Consumption-based pricing is a pricing model that charges customers based on their product or service usage. Consumption-based pricing calculates pricing based on usage volume rather than the number of users and is a popular pricing model for IT services, SaaS, and cloud computing and storage” Cite: Consumption-Based Pricing.

Moving a Billion Postgres Rows on a $100 Budget

I wrote recently about the 1 Billion Row Challenge (1BR). This week, I found this article on the same number with a different title. The objective was not performance; it was cost. PeerDB enables the efficient extraction of data from PostgreSQL into a data warehouse, such as Big Query, ClickHouse or Snowflake. It was interesting to see Arvo as a format used over, for example, Parquet. The product also offers different streaming modes, including log-based (CDC), cursor-based (timestamp or integer), and XMIN-based. I will need to do further research on this new term XMIN-Based.

Test queries against your production database (responsibly)

This post links off to a YouTube video of The Safest Way to Test Postgres Destructive Queries, which provides a basic introduction to branching of the Neon PostgreSQL DBaaS. While the title originally interested me, the example showing the mechanics is like many other product examples in which it is extremely simplistic and not a true representation of “production” size or workload. I see this as a similar concept to AWS RDS Aurora cloning. However, any example should modify the structure of a table, measure the impact of that structure against production queries (note plural), and provide additional metadata rather than just a response time. These are important considerations in my own evaluation of test coverage of data access and the gathering of configuration, data, and infrastructure when running experiments to determine a more optimal data access path or a new functionality requirement. More documentation can be found here on Neon Branching

About “Digital Tech Trek Digest”

Most days, I take some time early in the morning to scan my inbox newsletters, the news, LinkedIn, or other sources to read something new about professional and personal topics of interest. I turn what I read into actionable notes in a short, committed time window, summarizing what I learned, what I should learn and use, or what is of random interest. And thus my Digital Tech Trek.

Some of my regular sources include TLDR, Forbes Daily, ThoughWorks Podcasts, Daily Dose of Data Science and BoringCashCow. Also Scientific American Technology, Fareed’s Global Briefing, Software Design: Tidy First? by Kent Beck, Last Week in AWS, Micro Newsletter to name a few.

Random Wisdom

This week, I was reminded via a very interesting statement that work-life balance and joy in what you do are critically important. You will not find on a tombstone the statement:

“I never worked enough hours.”

Digital Tech Trek Digest [#Issue 2024.07]

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Everything you need to know about seed funding for startups

A recent call with a startup founder funded by TinySeed led me to learn about MicroConf and Rob Walling. (Thanks Tony for the info). This has led to a lot of great info in several new newsletters and videos including this video. A few very valuable tips I learned included the answer to Why should you raise funds at all? The 1-9-90 rule, and different types of funding including Indie funding. It was interesting to find out that the TinySeed accelerator is 1 year, and not 13 weeks, which is common in NY. Rather than sharing my notes, go watch the video.

5 Books That Paved My Path to Entrepreneurial Success

I have not heard of any of these books, and I have such a long list, perhaps I need to publish my list and elicit feedback on prioritizing. The list from this article is as follows:

    1. Mastering negotiations with never split the difference
  1. 2. Embracing risk with skin in the game
  2. 3. Building habit-forming products with Hook
  3. 4. The roadmap to a billion dollar app in How to Build a Billion Dollar App

Visualization

Last week I was at two events in Brussels. I chose to head to London to fly home. I found this map present in many tube stations (The tube is the London Metro Subway). It’s been a decade since I was in London, and over two decades since I lived in the UK. I found the new map great. When I mentioned it as a good visualization, I was surprised that locals of the London area thought it was horrible. I saw the value in the visualization, but perhaps others see it like art, “in the eyes of the beholder”. It could also be “habit”.
London Tube Map - 2024 presentation
Typical London Tube map

Cats and Dogs

How many *NIX `cat` memes can there be? Well, a lot cat is the most misused thing by programmers new to Linux. I cringe every time someone uses it wrong in a bash script. Thread below with proper uses of cat only.

Hey, dogs, you are in the count also with HTTP STATUS DOGS. My picks are 300 Multiple Choices, and 429 Too Many Requests for me.

Upcoming Events on my radar

About “Digital Tech Trek Digest”

I take some time early in the morning to scan my inbox newsletters, the news, LinkedIn, or other sources to read something new covering professional and personal topics of interest. Turning what I read into some actionable notes in a short, committed time window is a summary of what I learned, what I should learn and use, or what is of random interest. And thus my Digital Tech Trek.

Some of my regular sources include TLDR, Forbes Daily, ThoughWorks Podcasts, Daily Dose of Data Science and BoringCashCow. Also Scientific American Technology, Fareed’s Global Briefing, Software Design: Tidy First? by Kent Beck, Last Week in AWS to name a few.

Random

I shared with a colleague on Feb 9. “3 SQL databases walked into a NoSQL bar. A little while later, they walked out because they couldn’t find a table.”

Digital Tech Trek Digest [#Issue 2024.05]

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Because the world needs better dashboards

While my professional interests in Building Better Data Insights Faster rely on using visuals and narratives to show data-driven results, “Starting from first principles” is the question you have to ask. Identifying the quality of data sources, the time to delivery, and the confidence of accuracy are critical aspects of any dashboard.

Source: WrapText by Equals

This is the second article I’ve read about Equals in a week, and while I’m not ready to go back to a spreadsheet, this company has some great previous posts with excellent content, such as the 2023 summary and How to ship fast. An appropriate statement would be.

What a year. We embraced AI. We reimagined BI. We waved freemium goodbye. And as the cliché goes, we’re only just getting started.

[Last Week in AWS] Issue #352: New Year, New You, Here’s December in Review

Damm right, I think you are giving too much created by saying “a year”. More than once I had to rewrite code because AWS was years behind standard Python releases. AWS Lambda adds support for Python 3.12.

Whatever was going on with the delays in getting new language runtimes out a year or more after the language version itself was released seems to have been resolved. I wonder how long it’ll take that unpleasant chapter to fade from the collective awareness around Lambda.

Source: Last Week in AWS

Latency is the new outage

While technically a video that I listened to with Getting Started with ElastiCache for Redis Performance & Cost Optimization, this needs to be a slogan used more frequently. It is so true. The speaker in the opening minutes also describes some compelling reasons why our proliferation of data can contribute to a negative impact.

Source: Random AWS reading.

About “Digital Tech Trek Digest”

Most days I take some time early in the morning to scan my inbox newsletters, the news, LinkedIn, or other sources to read something new covering professional and personal topics of interest. Turning what I read into some actionable notes in a short, committed time window is a summary of what I learned, what I should learn and use, or what is of random interest. And thus my Digital Tech Trek.

Some of my regular sources include TLDR, Forbes Daily, ThoughWorks Podcasts, Daily Dose of Data Science and BoringCashCow. Also Scientific American Technology, Fareed’s Global Briefing, Software Design: Tidy First? by Kent Beck, Last Week in AWS to name a few.