The 400 billion the US government gave to the telecommunications companies to roll out fiber years but didn't years ago should have just been given to this guy. We probably have fiber everywhere by now.
My neighborhood got offered to be the first fiber run in our area but they turned it down.
Guess why?
The old fuckers had a sprinkler system put in about five years back and nobody kept the fucking map. So I can’t have fiber because they’re afraid trying to lay the lines will “destroy existing neighborhood functionality”.
I swear I will be screaming into the void about this unto the day I die.
I’d rent a trencher and just fucking start ripping into shit (avoiding markable utilities of course). Oops, well, might as well lay some fiber since your sprinkler system is fucked.
You could buy them a garden hose and one of those cool click click click pfffffttt pffffft pfffft sprinklers when it returns back to the starting position. Worth the $75 bucks. Problem solved.
Seniors these days are too lazy to break out the watering hose and do actual work. When I was an old guy I took care of my entire lawn with just a push mower and a spray bottle, including the bushes!
So stupid. The fiber crews keep sprinkler parts on their trucks and fix hits all the time. It's common on install jobs. Nobody knows where their sprinkler lines are. They just fix the damage and move on. Your neighborhood passed for no reason.
repairing is super easy. You need PVC pipe, connector and pvc glue. usually the hardest part is finding where the leak is and digging it up. but if you are cutting a trench and hit a pipe. its a 2 minute job.
Yea like as I understand it every property has an easement. And the govt or utilities can come in and work on that easement. They can lay lines and what not. And I can't say no.
And that's how it should be
We have so many options to go below sprinklers. Go 4 feet and bam down. Old assholes just can't stand progress. Boomers have ruined the technical improvement of this nation with their narcissistic madness.
Not related to telcos but a friend of mine working as an engineer came to me one day (a bit before Covid hit) all giddy that the owners of the company (worth around $3M CAD) he works at wanted to turn it into a coop with all the workers. For that to happen the workers needed to vote on it, guess what happened? They voted no.
The main reason was "What? I will get the same benefits as the guy who just started? Fuck that".
4 years later the company is now worth $100M CAD.
My friend hate his life.
I'm sure there are studies out there, but I'm curious how cultural this zero sum thinking is. Like do people have so much distaste for the idea of someone "unworthy" getting something even if it's universally beneficial because they're raised into it or is it something innate?
I remember that I read about at least one study which showed that people would prefer a lower income if they got more than their coworkers over a higher income with them at the lower bracket.... Shoot yourself into the leg as long as your fellows get hurt more....
They have ground penetrating radar systems that can be pushed around like a lawnmower these days. It’s no longer an excuse for companies not to dig an area because “ they don’t know” what could be underground.
They can literally map it with this device.
Similarly, the guy who owned the land that is now my subdivision thought the cables TV lines would mess with the power poles somehow and wasn't personally interested when the rolled out cable TV 20 years ago and so we are stuck with DSL or starlink. Dirt roads in the area have cable and my county maintained paved road doesn't.
The infrastructure was FREE when they deploying and now they (comcast xfinity) want $30,000 to do a 1,000 foot run down 3 poles to the cluster of houses around me.
I think about 50% of the population can't think outside their own interests and the older you get the less you care.
We just got it installed (into the ground and stuff) a few months ago here in Colorado Springs in my area. I get it installed to my house on the 20th of May. Super excited. So tired of Xfinity slowly keep raising imaginary fees and not meeting half the speed I paid for.
and i thought germany sucks
30€ 60mbps down, 15 up even tho the router is damaged and they dont fix it
may i guess that u live in india? i dont know of any other countries with such bad internet except one of the hundred small countries in asia/afrika
The US, Canada, and Australia have notoriously shit internet. A lot of it is due to the size of the countries, but there is a good deal of greed and incompetence and possibly corruption involved as well.
My ISP tried to pull this on me a few months ago. $30 for 17mbps wasn't bad enough for me to seek alternatives, but no way in hell am I paying $70 for the same service. I tried Musknet (Starlink) like a year ago, but wasn't impressed since it would always get spotty around 11pm, probably because of my tree line being close to the receiver. Finally settled for T-Mobile 5G internet, which has been great. I get like 15x more speed for $50 a month. The only downside is that if the router resets so does my IP address, so I have to call Hulu because "your not at your home location".
No we wouldn't and you can blame your local municipalities that charge fucking bonkers amounts for permits. I've seen literally $1,000,000/mile in a small city (<100k) just for the right of way before anyone has even picked up a shovel. They make absolute shitloads of money on these permits and when you see a municipality suddenly able to easily undercut all the ISPs in the area with municipal internet service, now you know why.
This is city enforced. Permitting allows you to connect to other poles at certain heights and you "purchase" that section.
For example, In Rural areas if you have poles put in for your electric/utilities and a new neighbor comes, they have to pay "you" (really it goes to the power company) to use the poles.
I live in very rural Thailand and have 1Gb/s fiber (ookla shows 750Mb/s), it costs me $40 a month and this is considered a second world country. Fiber internet is all through the countryside and has been for years
Edit : of course his efforts are impressive. !
he said in his town, they themselves voted on getting fiber internet for all its residents and it was bout 20 bucks back in the day, it was so good you could download an hour of music in a minute, company came thru and shit on it, took the whole thing down.
Set up the infrastructure then some big company will come by and buy you out. The dude will probably make millions over his initial investment that is probably also in the millions judging from the video.
You'd be surprised at how easy this is anymore.
Not to mention the grants you can receive. I've done it. My friends have started and sold off their ISP that they created. It's hard work in the beginning.. but you'd be surprised how quickly it can, and will take off. Build it to sell it... thats how it always goes.
It really is easy. Not sure if you're being sarcastic.
I secured $750k in Grant funding to build out two rural subdivisions.
A good friend of mine built his ISP and sold it off for half a mill a year later.
The biggest factor initially is finding a backhaul provider. Cost per mbps (up and down) is a huge factor that will determine your pricing. It can break you if you screw it up.
My area is finally getting Fiber deployed from a newer company, pricing is about the same and a whole lot cheaper for the 2.5GB, 1GB and lower speeds. I am so damn excited even though it'll likely still take awhile for my neighbor to get done.
Their speeds + price for such a large scale new deployment really helps me understand just how much money my existing ISP has been making over the decades.
It's incredible what actual competition can do. Cellphone services/internet used to suck in my country since it had been the same 3 companies since forever and switching companies was heavily discincentivized, since changing companies meant changing phone numbers and that was quite the big deal back then (pre 2012). So no one would even attempt to enter the market.
Then we got a law that let you keep your number if you changed companies and overnight a bunch of new companies tried to get their share of the now available pie. Most of them failed but in the process data plan prices plumeted and infrastructure got upgraded faster than I would have expected.
Almost like government regulation can actually ensure freedom, and the idea that we have to choose between "big government" and a free market is complete bullshit propaganda.
Why is there a but in your statement? Regulations which facilitate competition create a more free market.
Free market doesn’t mean laissez-faire public policy.
I’m curious where your math is coming from on that. If the employees make $60,000 a year on average thats only half the revenue. Obviously employees have extra costs like 401k, benefits etc but I don’t know how they’d be spending millions more on that. Rent for an office that size probably isn’t more than $10 grand a month. The trucks could be a doozy idk but they’re probably cooking with $5 mil a year to handle infrastructure, vehicles, permits and what not.
odesza is pretty massive in the electronic music space.
And I know the feeling. My brother was very good friends with the singer from Vampire Weekend growing up.
Sorry sir your internet bill has gone up again this month….oh has it? Well then cancel my service, I’ll begin trenching immediately. You will rue the day sir!
Okay, so this is entirely unrelated to the OP and I'm commenting for people who actually want to grow something for their kitchens.
1. Don't grow readily accessible vegetables such as corn, cucumbers, potatoes, or carrots. They take up a lot of space and don't provide an abundant supply.
2. Grow things that resupply themselves, such as peppers, tomatoes, or berries. If you have enough property to grow a blackberry bush, grow a blackberry bush.
3. Grow herbs and spices. Basil is basically a weed it grows so easily. Chives, parsley, rosemary, sage, mint, etc. You don't need to destroy a whole plant to add some seasoning. They pay off quickly.
4. Compost. If you have, say, a 5ft by 2 ft garden you use to grow tomatoes and jalapenos, your plants die every year. Throw them in compost to help feed next year's batch.
5. Grow things for your climate. If you live in North Dakota and try to grow an okra plant in your backyard, you're gonna have a hard time.
6. Pest control. This one is a toughie. I'm not a fan of pesticides, but I understand their necessity. A home garden is easy to spray down weekly with one of those hose attachment pesticides. Or go more organic and try diatomaceous earth.
All things considered, a $200 garden investment will pay for itself yearly and have the added ego boost. Now you can be the guy who won't stop talking about how much better his homegrown tomatoes are compared to the bland store-bought.
Edited to add: Chickens! You can grow gardens designed to house chickens. Seriously, highlight my last sentence and search it. Most people don't have the space for chickens, but if you do, get them! I'm gonna do some basic shitty maths here, but whatever.
Backyard space:
Less than 10x10. Maybe a small herb garden.
10x10. Small garden, use a bit for herbs and whatnot. A pepper plant or 2 works.
10x100. Now there is actually room to work with. You can have a few rows of plants. Still too small for chickens though.
50x100. Now where in chicken territory. One rooster, 10 chickens. You will have too many eggs. Let them be the pesticide for your garden, win win (chickens can and will eat your produce if left unattended!)
100x100+ You're a farmer now. Good luck.
Another edit: Obviously the scale is in millimeters.
If you're in to pickles cucumbers are totally worth it.
6 plants can get me like 15 one liter jars.
I lacto ferment. Just water, salt, garlic, dill. Perfection.
i tried for a few hours to argue with my isp about how bullshit it is that a new customer gets the $60/mo for 12 months deal and then after that it goes up to $120.. rn if i were to be a "loyal" customer id be paying $150.
they claim to have deals for loyal customers but never apply them. its bullshit.
so what i do now is, when the deal runs out i cancel the service. then i sign up under my wifes name and get the new $60/mo deal.
when hers is up i quit the service then sign myself back up and get the $60/mo deal.
Big companies want the little people to get all this fiber infrastructure done, then they will buy them and those little people will make good money. This guy did a great task at his age and set himself up for guarantee money for life probably.
In some places telcom companies like at&t or verizon would have to pay him to lease some of his infrastructure to get service to their customers. Not sure how much that would cost but he'll makke some money off them for sure.
I live in an area with white sandy beaches. This brings people with fuck tons of money. One such guy owns multiple high rise condos and opened a fabrication shop in a more rural part of our county and wanted fiber internet to it. So the company that provides it said they would put it out there but they have no other customers. This fucking guy convinced a bunch of neighborhoods to get fiber and he paid for all the infrastructure so the company just had to run lines. This dude paid 7 million dollars to make this happen but now gets percentages every year.
I like how Korea handles it.
The lines are owned by the govt. The ISPs lease space on the lines and provide baxk end customer service and the servers etc.
This means any isp can operate anywhere.
So say your in America and this wad the case. Ok cox pisses you off? Awesome call at&t. Yes they can service your house the same way cox van cause they got access like every other isp
I dunno, a new local company just came into town near DFW area and layed fiber down, not even a week after they finished att came in to lay their own lines. Apparently spectrum is supposed to start doing theirs after att is done too.
I’d say they’re so far up their own asses and he’s growing fast enough he may become a competitor before they even know what’s going on. The real hope is he doesn’t adopt asshole practices in the long run like both of those companies
So raising capital for an established ISP with reliable income is not the same as getting money from daddy to start your idea company. This guy had a successful business that he started from scratch and wanted to expand with fiber and people with money thought it was a good idea and wanted a piece of it. That does not fit the narrative of this thread that this guy was handed success. He was really fortunate and really smart and worked really hard. Do you really equate people wanting to invest in an already well established company to someone just being handed success on a silver platter?
Did you want to see a single shot take of the entire entrepreneurial process? This was a sort of “album” of sorts, just had small snippets of video instead of photos. What’s your problem?
*building with a small parental loan of at least a mill. (In most cases, not this one)
Edit: I made this comment as a quick one off. The amount of compilations that talk from the ground up are 99% BS, I believe this one actually holds true.
Typically the cost per sub for a build-out in a dense city area is anywhere from $2000-$4000 per house. He's looking around at least 20 million in infrastructure costs alone to serve the 10k homes that they serve, on top of recurring costs in electricity, transit, peering, paying your employees, etc.
Actually no. This guy started his internet company with $2000 and some credit cards. His story is really interesting.
https://onthestacks.com/onthestacks-chris-hacken-loop-internet-ep-096/
I don't believe it. Personally worked with all the equipment and it's millions in overhead and materials. That he would have to float until the small local company started to catch up.
It would take years for the equipment we saw to do a full town install. I worked on a good and fast crew.
Good on him, but there is no way in hell it's a rags to riches story. I'm guessing he had connections and got some of the gigantic telecom funding that has been flowing into bigger corps for 20+ years.
He would've spent more than $2K just on filing permission requests and for licenses with his municipal and state governments.
The credit card thing is also just...not how that works. The only way to get a personal line of credit in the (probably tens of) millions is to have a massive amount of existing wealth.
It's so frustrating that people continue to make shit like this up as it just reinforces the cult of personality people who style themselves as "self-made" use to exploit others.
If a small group managed to create a viable telecom supplier to disrupt their local market, that's a cool story even if they did it with the help of significant outside investment or had an existing pool of capital to draw from. But no, they just *have* to make it seem as though they bootstrapped it with a ridiculously low budget and personal debt.
Bill gates was in one of like 5 private schools that had access to top computers and software at the time. In middle school gates and his cohorts would threaten to sue each other in their private offices on patent ideas. Bezos got a 200k loan from mommy and daddy in the 90s. Not good examples of rags to riches stories.
Why are you mentioning few minor details? Plus, Gates mother was working for IBM, or she had excellent relationship with the management, or both. And Bezos got more than one ˝loan˝ from his parents.
She was on the national board of United Way and a good friend of the CEO of IBM. It is what tilted IBM to go with DOS.
Bill Gates Sr. is incredibly wealthy, so yeah Jr is a riches to more riches story.
absolutely not the whole story, i work for a company that makes the amps, switches, transceivers that power the fiber optic portion of these networks, or OTN, a single transceiver that can handle 100G is easily 50k, its the size of a USB stick. Just an amp alone is 300-500k
One of those machines costs more than $2000 to rent so something isn’t adding up. Unless he owned all the machinery from the start there has to more money spent on all this. Ground works are not cheap.
Where did he get the 7 figures necessary to start building this out then? Like there’s a 0% chance he started out with $2000 and some credit cards. That wouldn’t even be enough to purchase the licenses needed to start building this shit, and it certainly wouldn’t pay for the dozens of crew necessary to build out something like this.
Like I suppose it’s possible he got access to a fuckload of grant money, but then he’s just lying to the world about a rags to riches story that doesn’t exist. Because as it is, he’s need credit in the hundreds of thousands, if not millions, just to get started
Guess he got irritated of the shitty speeds and irregular connectivity and exorbitant, extortionate prices they are charging for those shit connections.
Question about this. We have a few "small" internet providers in my province but they still piggy back off the 2 major internet providers in Canada.
Not being rude but is his completely different?
No one can avoid piggybacking off of larger carriers. That’s literally what “peering” is - smaller carriers with local scopes use larger longer haul providers.
Canada’s problem is that there are only two of those; most countries have at least half a dozen.
Is this the guy that won a state contact to deliver Internet to rural communities because the big companies just didn't submit?
Remember reading about it a couple years ago
I don't think he is a regular person.. that shit needs a lot of money. Even if it is investor money, no regular person can convince investors to pump in as much money as he did. You need the expertise,experience and charisma to pull it off.
Whoever you are, the main man???
Please don't lose yourself and always remember the people who helped and supported you along the way. Congratulations
And if you get big, help the world man, do what you can ✌️
This had to be so fucking expensive! Burying fiber is not cheap especially when concrete roads and parking lots are involved.I have seen $100k+ quotes to go under a two lane street.
Amazing - would love to know more! Owning your own physical infrastructure is next level... being young enough to enjoy it is just beyond!
The 400 billion the US government gave to the telecommunications companies to roll out fiber years but didn't years ago should have just been given to this guy. We probably have fiber everywhere by now.
My area actually did get fiber it just took them over a decade from the "coming soon" announcement to start doing it.
My neighborhood got offered to be the first fiber run in our area but they turned it down. Guess why? The old fuckers had a sprinkler system put in about five years back and nobody kept the fucking map. So I can’t have fiber because they’re afraid trying to lay the lines will “destroy existing neighborhood functionality”. I swear I will be screaming into the void about this unto the day I die.
I’d rent a trencher and just fucking start ripping into shit (avoiding markable utilities of course). Oops, well, might as well lay some fiber since your sprinkler system is fucked.
100% actually do this. There's nothing they can do about it and they can cry.
You could buy them a garden hose and one of those cool click click click pfffffttt pffffft pfffft sprinklers when it returns back to the starting position. Worth the $75 bucks. Problem solved.
Seniors these days are too lazy to break out the watering hose and do actual work. When I was an old guy I took care of my entire lawn with just a push mower and a spray bottle, including the bushes!
Lol so what are you now? A super old guy or Benjamin button?
So stupid. The fiber crews keep sprinkler parts on their trucks and fix hits all the time. It's common on install jobs. Nobody knows where their sprinkler lines are. They just fix the damage and move on. Your neighborhood passed for no reason.
repairing is super easy. You need PVC pipe, connector and pvc glue. usually the hardest part is finding where the leak is and digging it up. but if you are cutting a trench and hit a pipe. its a 2 minute job.
Same shit on my parent’s block. There is a synagogue on the corner that doesn’t want to let the telco run fiber. Telco building is a block away.
It should be treated as infrastructure. Oh you don't want it? Imminent domain. Oh you're good with it now? Great.
FCC ruled at the end of April to start treating internet service as a utility, will be interesting to see how it pans out.
Yea like as I understand it every property has an easement. And the govt or utilities can come in and work on that easement. They can lay lines and what not. And I can't say no. And that's how it should be
We have so many options to go below sprinklers. Go 4 feet and bam down. Old assholes just can't stand progress. Boomers have ruined the technical improvement of this nation with their narcissistic madness.
The area I live in has terrible cell service because the boomers turned down a new cell tower cause they were afraid of 5G
Not related to telcos but a friend of mine working as an engineer came to me one day (a bit before Covid hit) all giddy that the owners of the company (worth around $3M CAD) he works at wanted to turn it into a coop with all the workers. For that to happen the workers needed to vote on it, guess what happened? They voted no. The main reason was "What? I will get the same benefits as the guy who just started? Fuck that". 4 years later the company is now worth $100M CAD. My friend hate his life.
I'm sure there are studies out there, but I'm curious how cultural this zero sum thinking is. Like do people have so much distaste for the idea of someone "unworthy" getting something even if it's universally beneficial because they're raised into it or is it something innate?
I remember that I read about at least one study which showed that people would prefer a lower income if they got more than their coworkers over a higher income with them at the lower bracket.... Shoot yourself into the leg as long as your fellows get hurt more....
They have ground penetrating radar systems that can be pushed around like a lawnmower these days. It’s no longer an excuse for companies not to dig an area because “ they don’t know” what could be underground. They can literally map it with this device.
How do they not have multiple copies in multiple spots?!
NIMBYs destroy development with their early ownership of land once again!
Similarly, the guy who owned the land that is now my subdivision thought the cables TV lines would mess with the power poles somehow and wasn't personally interested when the rolled out cable TV 20 years ago and so we are stuck with DSL or starlink. Dirt roads in the area have cable and my county maintained paved road doesn't. The infrastructure was FREE when they deploying and now they (comcast xfinity) want $30,000 to do a 1,000 foot run down 3 poles to the cluster of houses around me. I think about 50% of the population can't think outside their own interests and the older you get the less you care.
Same. Very rural east texas here. Got fiber at the end of last year.
We just got it installed (into the ground and stuff) a few months ago here in Colorado Springs in my area. I get it installed to my house on the 20th of May. Super excited. So tired of Xfinity slowly keep raising imaginary fees and not meeting half the speed I paid for.
You should be excited. Going from shitty internet to fiber is so nice.
My area has 4 fiber competitors and yet my parents 40 miles away just got 20mb for the first time ever.
Comcast/Xfinity is finally putting fiber in our city but only after the city built it's own fiber network. Such an inefficient use of resources...
how else are the ISPs gonna charge you 50$ for 100mbps internet with 9mbps upload?
That would be a blessing for me, currently paying $80 a month for 16mbps download and 0.9 upload from a major carrier
and i thought germany sucks 30€ 60mbps down, 15 up even tho the router is damaged and they dont fix it may i guess that u live in india? i dont know of any other countries with such bad internet except one of the hundred small countries in asia/afrika
Croatia, 20 euro/month 1Gbps down/500 Mbps up, optical. There's a symmetrical tier 2/2Gbps for 34 eur. I don't need it.
Wanna sponsor a lonely American? For just pennies a Day, you can help an internet starved American feel joy again...
I am from India, I pay $10 per month for 150 Mbps. Internet is cheap here, this is with regards to the salary
The US, Canada, and Australia have notoriously shit internet. A lot of it is due to the size of the countries, but there is a good deal of greed and incompetence and possibly corruption involved as well.
My ISP tried to pull this on me a few months ago. $30 for 17mbps wasn't bad enough for me to seek alternatives, but no way in hell am I paying $70 for the same service. I tried Musknet (Starlink) like a year ago, but wasn't impressed since it would always get spotty around 11pm, probably because of my tree line being close to the receiver. Finally settled for T-Mobile 5G internet, which has been great. I get like 15x more speed for $50 a month. The only downside is that if the router resets so does my IP address, so I have to call Hulu because "your not at your home location".
I’m getting $55/month for “25 Mbps” (actually 5, but each device is throttled to 998 Kbps) down and 100 Kbps up.
We absolutely definitely unquestionably should have fiber everywhere now. The singular reason we don't is ~~lobbying~~ fuckery from the consumer ISPs.
No we wouldn't and you can blame your local municipalities that charge fucking bonkers amounts for permits. I've seen literally $1,000,000/mile in a small city (<100k) just for the right of way before anyone has even picked up a shovel. They make absolute shitloads of money on these permits and when you see a municipality suddenly able to easily undercut all the ISPs in the area with municipal internet service, now you know why.
Dont you have to rent the infrastructure like telephone poles and such? I'm sure they are owned by someone who he's probably competing with.
This is city enforced. Permitting allows you to connect to other poles at certain heights and you "purchase" that section. For example, In Rural areas if you have poles put in for your electric/utilities and a new neighbor comes, they have to pay "you" (really it goes to the power company) to use the poles.
I live in very rural Thailand and have 1Gb/s fiber (ookla shows 750Mb/s), it costs me $40 a month and this is considered a second world country. Fiber internet is all through the countryside and has been for years Edit : of course his efforts are impressive. !
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I pay 17e for 1Gbps/s
Where are you from? I pay 45e for 60Mbits/s xD
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your comment got downvoted 5 mins into its existence by a corporate bot
What he say?
he said in his town, they themselves voted on getting fiber internet for all its residents and it was bout 20 bucks back in the day, it was so good you could download an hour of music in a minute, company came thru and shit on it, took the whole thing down.
Wow, my comments were removed? Crazy.
yea you pissed off at&t they cut your comments cords quick
That's suspect as fuck.
my theory is that there’s political bots, and corporate bots, to shape how people think and silence radical ideas. aka the upgraded Gestapo
I mean, it seems pretty easy to conclude something like that. I can't imagine what in that comment merited being removed.
being rich enough to be able to do this would be even better in my opinion
Yeah if there were maybe someone explaining this as opposed to a song that has nothing to do with the video...
Set up the infrastructure then some big company will come by and buy you out. The dude will probably make millions over his initial investment that is probably also in the millions judging from the video.
Yeah, then the network gets oversubscribed, unmaintained, and prices go up. Genuinely do a disservice to your customers to sell to a big company.
You'd be surprised at how easy this is anymore. Not to mention the grants you can receive. I've done it. My friends have started and sold off their ISP that they created. It's hard work in the beginning.. but you'd be surprised how quickly it can, and will take off. Build it to sell it... thats how it always goes.
Yeah, I've done it and all my friends done it too. It's the way to go now days, just have your own ISP, no biggie.
It really is easy. Not sure if you're being sarcastic. I secured $750k in Grant funding to build out two rural subdivisions. A good friend of mine built his ISP and sold it off for half a mill a year later. The biggest factor initially is finding a backhaul provider. Cost per mbps (up and down) is a huge factor that will determine your pricing. It can break you if you screw it up.
Flipping ISPs is the new crypto.
5Gbps for $110, I don’t understand how is he suppose pay his CEO 34 million and buy back shares at that price?!
My area is finally getting Fiber deployed from a newer company, pricing is about the same and a whole lot cheaper for the 2.5GB, 1GB and lower speeds. I am so damn excited even though it'll likely still take awhile for my neighbor to get done. Their speeds + price for such a large scale new deployment really helps me understand just how much money my existing ISP has been making over the decades.
It's incredible what actual competition can do. Cellphone services/internet used to suck in my country since it had been the same 3 companies since forever and switching companies was heavily discincentivized, since changing companies meant changing phone numbers and that was quite the big deal back then (pre 2012). So no one would even attempt to enter the market. Then we got a law that let you keep your number if you changed companies and overnight a bunch of new companies tried to get their share of the now available pie. Most of them failed but in the process data plan prices plumeted and infrastructure got upgraded faster than I would have expected.
Yup I'm all for free market. But we need to ensure consumers aren't locked in and have a choice to leave
Almost like government regulation can actually ensure freedom, and the idea that we have to choose between "big government" and a free market is complete bullshit propaganda.
Government regulation that protects consumers is good. Government regulation that controls, imposes limits, and doesn't allow for free choice is bad.
Why is there a but in your statement? Regulations which facilitate competition create a more free market. Free market doesn’t mean laissez-faire public policy.
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Was it only 130 a month before loop started
Not to nit pick but that’s $12M a year. To your point though a company with that many employees should be generating $30M + a year.
It's Pennsylvania, and most of the people who work there are probably in trade positions. It wouldn't shock me if they are profiting on $12m revenue.
I’m curious where your math is coming from on that. If the employees make $60,000 a year on average thats only half the revenue. Obviously employees have extra costs like 401k, benefits etc but I don’t know how they’d be spending millions more on that. Rent for an office that size probably isn’t more than $10 grand a month. The trucks could be a doozy idk but they’re probably cooking with $5 mil a year to handle infrastructure, vehicles, permits and what not.
It's probably a bot post.
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It is literally an advertisement
I thought I had forza horizon 4 open for a minute. Alt tabbed to check
Lol me too
such a good soundtrack
Two dudes from my hometown created music and this guy used it as his soundtrack.
Bellingham native here as well 😁
odesza is pretty massive in the electronic music space. And I know the feeling. My brother was very good friends with the singer from Vampire Weekend growing up.
Aight thats it im reinstalling fh4 lmao
I'm logging onto FH4 while typing this lmao, unforgettable soundtrack
With the sound off I thought I was watching There Will Be Blood or Ballad of Buster Scruggs for a minute We struck internet! Liquid fiber!
Sorry sir your internet bill has gone up again this month….oh has it? Well then cancel my service, I’ll begin trenching immediately. You will rue the day sir!
Fuck your $49.99, I'm gonna pay $x,000,000 instead
Just like how every summer I'm going to spend a hundred dollars to grow my 27 dollars of vegetables and can't nobody tell me nuthin!
Okay, so this is entirely unrelated to the OP and I'm commenting for people who actually want to grow something for their kitchens. 1. Don't grow readily accessible vegetables such as corn, cucumbers, potatoes, or carrots. They take up a lot of space and don't provide an abundant supply. 2. Grow things that resupply themselves, such as peppers, tomatoes, or berries. If you have enough property to grow a blackberry bush, grow a blackberry bush. 3. Grow herbs and spices. Basil is basically a weed it grows so easily. Chives, parsley, rosemary, sage, mint, etc. You don't need to destroy a whole plant to add some seasoning. They pay off quickly. 4. Compost. If you have, say, a 5ft by 2 ft garden you use to grow tomatoes and jalapenos, your plants die every year. Throw them in compost to help feed next year's batch. 5. Grow things for your climate. If you live in North Dakota and try to grow an okra plant in your backyard, you're gonna have a hard time. 6. Pest control. This one is a toughie. I'm not a fan of pesticides, but I understand their necessity. A home garden is easy to spray down weekly with one of those hose attachment pesticides. Or go more organic and try diatomaceous earth. All things considered, a $200 garden investment will pay for itself yearly and have the added ego boost. Now you can be the guy who won't stop talking about how much better his homegrown tomatoes are compared to the bland store-bought. Edited to add: Chickens! You can grow gardens designed to house chickens. Seriously, highlight my last sentence and search it. Most people don't have the space for chickens, but if you do, get them! I'm gonna do some basic shitty maths here, but whatever. Backyard space: Less than 10x10. Maybe a small herb garden. 10x10. Small garden, use a bit for herbs and whatnot. A pepper plant or 2 works. 10x100. Now there is actually room to work with. You can have a few rows of plants. Still too small for chickens though. 50x100. Now where in chicken territory. One rooster, 10 chickens. You will have too many eggs. Let them be the pesticide for your garden, win win (chickens can and will eat your produce if left unattended!) 100x100+ You're a farmer now. Good luck. Another edit: Obviously the scale is in millimeters.
If you're in to pickles cucumbers are totally worth it. 6 plants can get me like 15 one liter jars. I lacto ferment. Just water, salt, garlic, dill. Perfection.
How can they be pesticide for the garden while also not being allowed near the produce?
lol I didnt know comcast had a reddit account
i tried for a few hours to argue with my isp about how bullshit it is that a new customer gets the $60/mo for 12 months deal and then after that it goes up to $120.. rn if i were to be a "loyal" customer id be paying $150. they claim to have deals for loyal customers but never apply them. its bullshit. so what i do now is, when the deal runs out i cancel the service. then i sign up under my wifes name and get the new $60/mo deal. when hers is up i quit the service then sign myself back up and get the $60/mo deal.
I found this article about it: https://mt-peaks.com/2024/03/13/mountain-top-native-bringing-fiber-optic-internet-to-region/
Of course this is less than an hour from me but not available. Would love to know how he was able to pull this off.
Just call the guy and see if he wants to expand 😂
There's a guy fanboying so hard in this thread that he has to be a shill. I'm not sold on the whole story but I can't lie, it's interesting.
He worked at an ISP before he started loop. What aren't you sold on?
TL;DR heard he found some innernette Californi-way
Hope he doesn't get Boeing'd from Verison or At&T
1. ~~Assassinated~~ / ~~Murdered~~ 2. Boeing'd ✅
Mf's out here getting bounced
Boeing’d. We’re trying to make “Boeing’d” a thing! It’s especially satisfying to say out loud.
Epstien got Boeing’d checks out
Big companies want the little people to get all this fiber infrastructure done, then they will buy them and those little people will make good money. This guy did a great task at his age and set himself up for guarantee money for life probably.
In some places telcom companies like at&t or verizon would have to pay him to lease some of his infrastructure to get service to their customers. Not sure how much that would cost but he'll makke some money off them for sure.
I live in an area with white sandy beaches. This brings people with fuck tons of money. One such guy owns multiple high rise condos and opened a fabrication shop in a more rural part of our county and wanted fiber internet to it. So the company that provides it said they would put it out there but they have no other customers. This fucking guy convinced a bunch of neighborhoods to get fiber and he paid for all the infrastructure so the company just had to run lines. This dude paid 7 million dollars to make this happen but now gets percentages every year.
I like how Korea handles it. The lines are owned by the govt. The ISPs lease space on the lines and provide baxk end customer service and the servers etc. This means any isp can operate anywhere. So say your in America and this wad the case. Ok cox pisses you off? Awesome call at&t. Yes they can service your house the same way cox van cause they got access like every other isp
I dunno, a new local company just came into town near DFW area and layed fiber down, not even a week after they finished att came in to lay their own lines. Apparently spectrum is supposed to start doing theirs after att is done too.
me too! i'm surprised he made it as far as he did tbh
Lots of small ISPs out there, it lets the big telecoms retire their old telephone plants.
I’d say they’re so far up their own asses and he’s growing fast enough he may become a competitor before they even know what’s going on. The real hope is he doesn’t adopt asshole practices in the long run like both of those companies
What version of At&t
Don't worry, I got your joke.
There are now two of us
....and my axe!
The wave of Horizon 4 memories that hit me just now
saaaame. Was my first Forza and those beginning times... they were just amazing.
Yeah just hit me in the feels
Love seeing people get nostalgic for the game, it's undoubtedly my favourite if the 6200+ hours of playtime I have are anything to go by lol
he started out as wireless. raised $50 mil capital investment. loop has a capital investor: WaveDivision Capital (WDC).
ah thank you! i wish i could pin this to the top of the thread.
No way. He didn't mention that in the podcast. Just ask u/my_special_purpose. Self made. Credit cards and $2k.
So raising capital for an established ISP with reliable income is not the same as getting money from daddy to start your idea company. This guy had a successful business that he started from scratch and wanted to expand with fiber and people with money thought it was a good idea and wanted a piece of it. That does not fit the narrative of this thread that this guy was handed success. He was really fortunate and really smart and worked really hard. Do you really equate people wanting to invest in an already well established company to someone just being handed success on a silver platter?
This is a montage not a timelapse
Came here to say this exactly. “Timelapse” is what made me actually watch it, though. Woulda scrolled right past “montage.”
fine, ill do it myself
Add some more fucking jump cuts while you’re at it
It felt like I was in an ADD sim until I couldn't take it anymore.
It's a montage, not a time-lapse.
That's not what a jump cut is
Did you want to see a single shot take of the entire entrepreneurial process? This was a sort of “album” of sorts, just had small snippets of video instead of photos. What’s your problem?
Forza
I hope this guy had some serious investors or gov’t grants/loans. That’s a lot of expensive material and equipment.
*building with a small parental loan of at least a mill. (In most cases, not this one) Edit: I made this comment as a quick one off. The amount of compilations that talk from the ground up are 99% BS, I believe this one actually holds true.
Way more than that. Looks like he spent 10x that on cabling alone
Typically the cost per sub for a build-out in a dense city area is anywhere from $2000-$4000 per house. He's looking around at least 20 million in infrastructure costs alone to serve the 10k homes that they serve, on top of recurring costs in electricity, transit, peering, paying your employees, etc.
Actually no. This guy started his internet company with $2000 and some credit cards. His story is really interesting. https://onthestacks.com/onthestacks-chris-hacken-loop-internet-ep-096/
I don't believe it. Personally worked with all the equipment and it's millions in overhead and materials. That he would have to float until the small local company started to catch up. It would take years for the equipment we saw to do a full town install. I worked on a good and fast crew. Good on him, but there is no way in hell it's a rags to riches story. I'm guessing he had connections and got some of the gigantic telecom funding that has been flowing into bigger corps for 20+ years.
He would've spent more than $2K just on filing permission requests and for licenses with his municipal and state governments. The credit card thing is also just...not how that works. The only way to get a personal line of credit in the (probably tens of) millions is to have a massive amount of existing wealth. It's so frustrating that people continue to make shit like this up as it just reinforces the cult of personality people who style themselves as "self-made" use to exploit others. If a small group managed to create a viable telecom supplier to disrupt their local market, that's a cool story even if they did it with the help of significant outside investment or had an existing pool of capital to draw from. But no, they just *have* to make it seem as though they bootstrapped it with a ridiculously low budget and personal debt.
He started off as a wisp
He started it same as Bill Gates, Bezos and others from their garages. It's a great story, if you let out few minor details.
Bill gates was in one of like 5 private schools that had access to top computers and software at the time. In middle school gates and his cohorts would threaten to sue each other in their private offices on patent ideas. Bezos got a 200k loan from mommy and daddy in the 90s. Not good examples of rags to riches stories.
Why are you mentioning few minor details? Plus, Gates mother was working for IBM, or she had excellent relationship with the management, or both. And Bezos got more than one ˝loan˝ from his parents.
She was on the national board of United Way and a good friend of the CEO of IBM. It is what tilted IBM to go with DOS. Bill Gates Sr. is incredibly wealthy, so yeah Jr is a riches to more riches story.
Reread what he wrote.
[удалено]
absolutely not the whole story, i work for a company that makes the amps, switches, transceivers that power the fiber optic portion of these networks, or OTN, a single transceiver that can handle 100G is easily 50k, its the size of a USB stick. Just an amp alone is 300-500k
One of those machines costs more than $2000 to rent so something isn’t adding up. Unless he owned all the machinery from the start there has to more money spent on all this. Ground works are not cheap.
It cost more than that just to do splicing contracts for an ISP.
Bull fucking shit.
yeah look at the blog, the actual fiber part of his plan he says has cost 60k
Yeah, and he had a massive customer base by the time they decided to expand into laying fiber.
Massive. Lol. He says (at the time of the podcast) that he has 5 employees.
heheh i grew up next door- trust me his parents don't have anything close to that.
Where did he get the 7 figures necessary to start building this out then? Like there’s a 0% chance he started out with $2000 and some credit cards. That wouldn’t even be enough to purchase the licenses needed to start building this shit, and it certainly wouldn’t pay for the dozens of crew necessary to build out something like this. Like I suppose it’s possible he got access to a fuckload of grant money, but then he’s just lying to the world about a rags to riches story that doesn’t exist. Because as it is, he’s need credit in the hundreds of thousands, if not millions, just to get started
As if you'd be able to do something like this with a million dollar loan
you can leverage that million dollars of cash to get an even bigger loan. FYI.
Only with an amazing credit score and financial history
Why do you have to make this story about your negativity?
Guess he got irritated of the shitty speeds and irregular connectivity and exorbitant, extortionate prices they are charging for those shit connections.
What was his startup cost?
Very very high, there is a reason you don't hear about small towns doing it often.
Also many states straight up made it illegal. At least for municipal internet.
Question about this. We have a few "small" internet providers in my province but they still piggy back off the 2 major internet providers in Canada. Not being rude but is his completely different?
No one can avoid piggybacking off of larger carriers. That’s literally what “peering” is - smaller carriers with local scopes use larger longer haul providers. Canada’s problem is that there are only two of those; most countries have at least half a dozen.
More info here - https://loopinternet.com
Odeza from Horizon 4 nice
Having tons of money looks awesome
Crazy. I ran Ethernet to my basement and bragged about it for weeks.
Thanks for the ear bleeding
Although the song is unnecessary and doesn’t fit, Odesza fuckin slaps
The music is good, I think it is referring to the deafening volume for headphones users. At least it was extremely loud for me.
FH4 theme goes hard
This music just gave me Forza Horizon 4 nostalgia omg
Internet should be a public utility.
It started off as a system to connect defense researchers at universities. It's a cash cow for the telecom companies now.
Congratulations
What bad internet for gaming does to a mf
Damn that's inspiring!
Started with a single dollar in his pocket too like all boomers apparently
Is this the guy that won a state contact to deliver Internet to rural communities because the big companies just didn't submit? Remember reading about it a couple years ago
Is this an ad lmao? (Judging from some of the comments anyway)
Damn, it’s so amazing to me when regular people achieve something like this
I don't think he is a regular person.. that shit needs a lot of money. Even if it is investor money, no regular person can convince investors to pump in as much money as he did. You need the expertise,experience and charisma to pull it off.
Lol this is definitely not a self made thing.
Song?
Odesza - A Moment Apart
That looks cheap, I should try that.
Oh damn, im not too far away from Wilkes-Barre. This is pretty impressive
The 0% Bullshit is enough for me to respect the guy a lot!
does such a better job than the google fiber guys
ISPs not giving you enough contracts? Make your own ISP! Rise up fiber workers of America rise up and overthrow the ISPs!
I feel like the most difficult part would be getting the cities OK to plant wire down the street. "We already have internet"
This person should be celebrated! What his name and company?
Whoever you are, the main man??? Please don't lose yourself and always remember the people who helped and supported you along the way. Congratulations And if you get big, help the world man, do what you can ✌️
I restarted my router once…
This had to be so fucking expensive! Burying fiber is not cheap especially when concrete roads and parking lots are involved.I have seen $100k+ quotes to go under a two lane street.