I’m Legally Obligated to Disclose This - Framework investment
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- Опубліковано 22 тра 2024
- Check out what you can fix with iFixit at www.iFixit.com/LTT
I fell in love with Framework after I checked out the laptop in a previous video, and now I'm an investor. So let me explain why I did it and what my commitments are to you, the viewer, regarding future LTT content.
Check out Framework Laptops at lmg.gg/Edjmg
Purchases made through some store links may provide some compensation to Linus Media Group.
Discuss on the forum: linustechtips.com/topic/13735...
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CHAPTERS
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0:00 - Intro
0:54 - Sponsor iFixit
1:14 - Video Agenda
1:35 - Unboxing my Framework laptop
2:44 - Investment disclosure
3:06 - lttstore.com business learnings
4:00 - How does Framework make money?
8:49 - Assembling my Framework laptop
9:48 - Framework investment risks
11:49 - Why I invested in Framework
13:27 - Will Linus review laptops anymore?
14:04 - Linus' commitments going forward
15:37 - Outro - Наука та технологія
Linus backing this company is literally giving a huge monetary support to Right to Repair, indirectly. And that, I do support.
Arguably even more important is the industry support, hopefully getting them more inroads with manufacturers, which I assume is exponentially more important for a modular system like frameworks'
Really great content and of all the companies Linus could support this one is an absolute no brainer. The conflict of intrest issues were covered well and I think LTT has enough consumer trust to deal with that. I rarely use laptops except from my company so I wont be jumping on this product but I can see a ton of appeal. Ironic that ifixit is the sponsor but this is the one piece of modern electronics that really doesn't need their kits.
@@ccibinel I will say this piece of tech needs their kid more since is the kind of tech you will feel comfortable opening up and replacing things. With the others you don't even bother because you know they make it a living hell for you and you ether buy a new one or just take it to a repair shop at best.
Same.
@@SIPEROTH Realistically anyone not comfortable doing the simple field replacements this laptop allows wont buy one. While I'd love to see tons of these sold it will not be the industry norm.
Linus backing Right to Repair is a major win considering his large audience.
ua-cam.com/video/pNvFtnDgHO0/v-deo.html
ua-cam.com/video/zp_rWiREJ6k/v-deo.html
ua-cam.com/video/8CMbE0rPgM8/v-deo.html
Weeell, okay, playing Devil's Advocate: Linus becoming a shareholder for Framework doesn't BY ITSELF mean he's "backing Right to Repair", it means he's funding a company with a Right to Repair ethic. And that's fine, there's nothing wrong with that, but again, BY ITSELF, it's a capitalistic way of solving things. Actually backing Right to Repair means lobbying legislators to enshrine a _Right_ to Repair.
EDIT: Huh, so apparently despite the _two_ fully capitalised "BY ITSELF"s, people still think I'm saying Linus has never ever supported Right to Repair in any other way. Don't know what to say, are people just trying to get offended?
He's backed it multiple times in the past including several videos on it and with other big players in the space
@@lodgin
The capitalistic way of solving things is almost always the best way of solving things.
Legislation requires enforcement and controls and therefore costs money and will make always some people unhappy.
shoulda seen what he did for louis's R2R gofundme, the ltt audience contributed quite a bit
I was ready to buy one today after seeing Louis Rossmann's vid on this but I prefer a 15" screen and I have to have a discrete graphics card as I use it for video editing. As soon as you guys make that happen count me in. I've repaired thousands of PC's and laptops in my day and this move to fully integrated, disposable systems is one of the worst trends I've ever seen and it's time for it to come to an end.
With you there on the screen - I have a beefy desktop for graphics, video, etc. that I can access with Parsec if I need the power, but I really want a lightweight Linux machine with a large 1440p screen and outstanding battery life for writing code on the go, but they are surprisingly hard to find.
@@nathanupchurch7549 Have you looked at Chromebooks? I've rooted a lot of those to linux and they have amazing battery life. The Google Pixelbook has a very high res screenbut it's not that big. There has to be someone that did a high res 15" screen you could do something with.
Same here, if they add a 15 or 17 inch option with discrete graphics I'm buying one in a heartbeat. Hopefully it has a numpad on it too
@@whocares3132 I haven't done it in a while but I know with the first or second gen Chromebooks I was able to install Ubuntu
I'm fine with 13" screens but need 2in1 functionality and a touch screen. But I'm very hopeful that the framework team will eventually produce those options.
From a journalist: You handled this ethics discussion really well, and recusing yourself from laptop editorial decisions and production is 100% the right move. You did the right thing here, Linus, good job.
You're a journalist? Did you spread CIA propaganda about Hunter Biden's laptop?
Taking ethical advice from a journalist is a terrible idea.
@@Reshiram32Zekrom23 basically self sabotage
@@Reshiram32Zekrom23 Depends.. In Finland for example, 70% of adults trust their media. In the US it's only 26%.
He's probably lying.
This transparency just gained LTT like a million respect points from me. All youtube companies should be this honest.
I'm not trying to detract from that, but I guarantee you that his lawyer made him publish this video
Not to mention this is a win win situation for us, we get to possibly see the industry take a turn on its stance on obsessive consumerism
@@austinkutz3759 he probably didn't have to publish a video on LTT, he could have just 'announced' it on a site that is less read. He chose to make a video that would be seen by a lot more people.
Techtips turned into accounting tips. Learned more from LTT
@@DemonKyle that's actually completely fair, I hadn't considered that
Respect to Linus for literally putting his money where his mouth is and being transparent about it.
i agree. this adds to his rep imo.
I am going to assume no tax deductables is going to be mentioned or amortization. This is below Economy 101. This video is almost a blatant lie.
@@RHelenius okay
@@RHelenius I was trying to figure out how to put that nicely...then I read your comment. Thanks.
@@RHelenius it isn't supposed to be a economy lesson. It's supposed to be them being open about their investment while explaining basics on why they want to invest.
This is one of the best disclaimers I've ever seen, and a really useful breakdown of business models for physical-goods companies! Thanks for letting us know, and for backing such a neat company!
Videos like this one and the revenue updates really speak to Linus' integrity as a businessman, public figure, and leader. I hope to start a SaaS business of my own in the near future, and I hope I can be half the boss that you are, Linus.
Linus: needs a laptop
Linus: buy’s part of the company
I mean if i had the money i would XD
It's got that same energy as
Superman: You bought the house back from the bank?
Batman: I bought the bank.
... and still buys the laptop on top.... teehee.
shades of Victor Kiam and Remington ua-cam.com/video/qf22bddvLnc/v-deo.html
@@ccouch713 Me too xd
"The only reason other companies don't do this (and Framework proved it) is because they don't care."
Arguably the most impactful line of the video.
Completely agree. Too bad most will miss it as it was the closing line that felt snuck in.
Try not to pay attention to this too tuff. Don't wanna get him canceled by the big heads now. 😉
I don't think its that they don't care. I think its more that their business model is based on planned obsolescence. They want you to replace your machine instead of repairing or upgrading it.
@@ashanarchy7255 I’m not even sure about that-most people own laptops for around 5 years, which to me goes well beyond the time frame of planned obsolescence. It’s IMO more to do with economies of scale- it’s probably a lot easier to mass produce a laptop that has 6 possible variants than one that could have dozens.
I agree. I was very much concerned about the profitability and sustainability of framework, not a very profitable business model to survive. The push from Linus will definitely change the situation. I see that linus has always devoted to push the tech industry forward with the power of media. I am glad to see that he is pushing this by involving with the industry. This is very likely to change the whole tech industry.
I bought one and it's very nice. They made some design choices that I would have done differently, but in terms of construction, it's really nice. No complaints at all. I'm thrilled this company came along.
If this means we'll see more Anthony covering notebooks - I'm happy!
Also, thanks for the business crash course :D
With the frequency Linus drops things I'd never thought they'd let him hold stocks
This is underrated.
@@ScrinGeneral17 Then rate it lmao
@@alanware6492 9/10
@@ScrinGeneral17 this is underrated. 10/10.
Omg this is good
I appreciate linus for being a youtuber that is straight up and talks to his audience real talk like an actual adult
We need more adults talking on UA-cam.
@@ligh7foo7 Linus is an adult? Coulda fooled me...
you say as he baby talks to his audience to try to explain a concept he believes nobody will understand and boils it down to pretty pre-k level explaination
Adept at -dropping- all pretenses
@@datguynooneknowsbutthenatw6228 Fact of the matter is... most people don't understand it. It's why most people are functionally poor.
There is no financial education in the U.S., UK or Canada. Businesses are black boxes that money just disappears into, and stuff sometimes comes back out.
So, Linus takes the time to explain it in detail for those who simply aren't going to understand what he's talking about.
... There's also the legal component. He needs to spell out in detail exactly what he's doing, so there's no ambiguity which could be abused in any potential lawsuits. A bit of public CYA, if you will.
Framework laptops looks cool, but I hope that they will have "XL edition" with bigger frame, more slots and numpad.
Well, if they do well and aren't destroyed by anti repair advocates like Apple. An XL version may very well be on the horizon
I deeply appreciate every single instance of Linus being open and transparent about his thoughts and motivations
Linus' efficiency with computers sometimes makes me forget that he's a really good businessman too.
Honestly this was a really good video, and I kind of hope he makes more business related videos in the future
I feel his business skills are his MAIN thing, and he has applied that to his love of technology.
@@markiep8477 he's been doing tech stuff long before he was running a business
He's a really onest, trusting and crack businessman and a great "computer guy", that's my point of view.
@@mark12358 He sells crack too? (Aw comment edit)
Linus: "I could become a brand risk"
Linus: "I hope to introduce them to dbrand" 🤣
lol
lol
lol
dbrand be smoking weed while doing their marketing plan. absolute respect
D-brand stuff can be made by anyone(Look at chinese polymer factories).
But that named itself as 'brand' to advertise and sale as premium.
I'm a huge business nerd and I LOVE the way you explained this. Sending it to some business students I mentor. Thanks for always adding value Linus!
This is pretty cool! Please keep us posted on this and give us updates regularly !!
Linus got so sick with everything out of stock, that he became stockholder himself
You mean "stakeholder"?
Funi pun
@@kartikeygupta8427 customers among others are stakeholders. Investors are stockholders AND stakeholders.
@@kartikeygupta8427 Take a business class
with Linus as share owner in the firm and reviewing them closely, they are assured not to mess up. their R&D shld be grateful with any input or very nervous if they mess up.
“iFixit…Oh wow, what an appropriate sponsor.”
Scripted segue or not, that was gold.
@Zis co that shit has nothing to do with anything, why post totally irrelevant video links??
As per linus, their business teams know nothing about the content and the editorial team is bereft of the knowledge of the sponsors to maintain editorial sanctity(?). He has a video with steve from gamersnexus on this.
@@rakaboi do you have the link for that video? I believe you, just want to watch it lol
@@tayloraldridge3063 ua-cam.com/video/Gkb87gjLyPg/v-deo.html
ua-cam.com/video/kdOBFu-mYpw/v-deo.html
ua-cam.com/video/k6O9VdFzI7s/v-deo.html
There are 3 videos! The 2nd one may or may not have what I said but it rounds up the discussion into the application of said discussion. Cheers.
@@tayloraldridge3063 I think the point they were talking about is at the 21-22 minute mark, ua-cam.com/video/Gkb87gjLyPg/v-deo.html
Oh wow I never saw shredded paper between the package walls as a padding material before, big fan of that.
Would love this laptop. Hopefully a version with a dedicated GPU comes after the Ryzen model.
The most telling thing about Framework is that they were willing to send a review unit to Louis Rossmann, who is known for tearing companies who send him stuff a new one. THAT'S having confidence in your product.
That's like sending a lock to LockPickingLawyer
Wow I didn’t even know that. I’m going to have to go watch that now
@@dhkatz_ same of was wondering his take, guess I'll go find out lol.
@@dhkatz_ Sheds some serious light on just how well thought out the laptop repairability is. And, Louis raised a few concerns, which were answered by framework in the comments. Real top tier stuff. For anyone who doesn't want to watch the whole thing, the laptop has 5 extra screws, and the included screwdriver works for the 2 types of screw heads in the laptop. In the body, there's screws with the same head that are different lengths, and they're all color coded.
Yea he really likes it, especially the removal screen bezel.
This level of transparency is so god damn refreshing.
Pls don’t say God name in vain
God fucking damn it
A person talking about how they are so impressed with a product that they bought a part of the company is pretty common, but I guess it's better than flogging a product without disclosing their business dealings with the company. It's just not refreshing.
@@elinoamrichter162 hell bound
it's actually "goddamn" one word papo
This channel is one of the best on the entirety of UA-cam and its so impressive how genuine everyone who has been involved in helping it grow has stayed over so many years.
This was the most beautiful lesson in the risks and costs of running a startup I have ever seen! AMAZING! Side note, I'm totally ordering my own framework soon. I've wanted one since seeing your first video.
We open this investor meeting with a pressing concern: Putting the sad Linus photo as the default background on all the laptops.
That's not a concern. That's a limited series product. But not on wallpaper but behind every component, so when people remove them Sad Linus guilt trips them. 🤣🤣
@@N1lav Or on the front of every component. So as you replace components, you slowly make Linus happier.
Massive props to Linus, he actually cares about this company, and his transparency makes me respect him even more than I already did.
Speaking of care: This video sponsored by fitnesscare+! 😆
2nd comment well done
e
He legally had to tell us. All these kids in the comments that think Linus is a chill internet friend are so misguided. He's a businessman that was your clicks and views and likes to make more money.
@@johntrussell7228 I mean...that's what CEOs are for. That's the whole point, to make as much money as possible through enjoyable content. And fyi not every business man is a dickhead
Just placed my order, viewed your review several months ago and love the idea of being able to easily repair and replace components and hope the company all the success in the world.
Good job on the transparency. Way to do it.
This is totally cool, just so long as they don't let you make any heatsinks :)
😆
Yeeeaaa Ben Heck is watching LTT.
@Cole did you even finish the video
@Cole not really.
@Cole the company doesn't really rely on Linus and other non-affiliated reviewers exist. Just watch his and other reviews if you want a non-biased view on the laptop
I really admire Linus quite a bit. He has taken a passion for technology and entertainment and turned it into good paying jobs for 30+ people and financial stability for himself and his family. Now he is using his wealth to invest in a company he believes in. He has surrounded himself with a talented team and they consistently produce quality content that is always entertaining and informative.
I really want to like this, but there’s 69 likes. Nice.
@@Soccerdude7330Official There's over a 100 now. You can come back & up vote this
I also appreciate that his investment is going into the same side of things that got him where he is. Granted, I have no say in the matter, but I'd be a little upset if he were to invest in a company that was very anti right to repair in a similar way.
I am awaiting for a laptop with 3060 or 3070 laptop for Data Science and AI Simulation and algorithms for big data visualization. I was thinking of going for Ryzen 6900HX or i7 12th Gen. I am also working on Network technologies and learning Firewall and cybersecurity over Cloud.
What would be the best option for a working professional who also needs atleast 3-4 hours of battery life?
Budget: 2 lac INR
Should I wait longer for another laptop or go for anything that's around for 2000-2200 USD?
Looking for usually 17.3 inch or so for better screen as I am working on large data and visualizations. Small screen makes tough to work on large models
Anything best value for money under 2 lac?
17.3 inches only
i7 12th gen or Ryzen 9
GPU based task moderate to high. I do not need 3080 or 3070 TI.
Screen quality = QHD
It's really cool how transparent you are about this down to the cent. Much appreciate the honesty and love!
woa, i missed this video 4 months ago, but im so down for framework to become a thing! and i super appreciate how you keep us all on the same page! thank you linus and group for supporting this movement :D
Now Linus can finally make use of his dropping skills: durability testing!
😝True
Mr. Patel be like: O_O
The Linus Drop Test, Unconventional and irrational drops in un-related timings for entertainment purposes xD
it's part of the R&D/QA, i'd bet.
@@TheBigsam51 "Hey, Linus, check out this new prototype - it's out only one and it cost a lot, but it's really cool"
-"Cool! Let me see"
*Drops it and shatters it to a thousand pieces*
I can't believe he actually summed up and explained what investing actually is in what 3mins?
Bruh!!! We came here looking for copper, instead we found gold. 🙌🏾
Not really investing it’s more of…
He literally explained the entire process of not just investing, but how investments help a company grow! Now I finally understand what an Initial Public Offering is.
What he explained in 3 minutes, i didn't get until i'd already been watching Shark Tank for like 7 years lol.
And it'such better than his explanation on shortselling on WAN show lol
I love everything about this video. The honesty, the full financial breakdown and the device. Nice work LTT team.
Great video. I only found out about framework yesterday while scrolling on mastodon. I would LIVE to have one of these machines.
Ethics: such a rarity these days. And letting everyone know - in detail, and in advance? Priceless. And much appreciated. Cheers! :-)
To be clear, this wasn't in advance. He'd talked about it on WAN show in advance and got some real-time opinion during the stream, but this video is now after the fact. That doesn't change that the transparency is indeed refreshing, just a minor difference to what you said.
Ethical would be to not invest. There are no ethical codes that talk about how to handle conflicts of interest you have purposely embraced short of to say you should get out of them quickly. Disclosure is for people that have found themselves in an unintentional conflict of interest (realizing that a relative is in your direct reporting chain at work), and industries where it's economically unavoidable and the risk is low (real estate agencies, large organizations that have firewalls in place to mitigate the COI).
Eh, enough bullshit in the world today. Honesty and transparency? This is the way.
@@dude11579 Make up your mind. It wasn't in advance but he talked to viewers on the WAN show in advance about it?
@@Kandralla Linus is still running a business.. so investing is his way of earning money.
14:53 my girlfriend keeps using mine as a coaster. She's accelerating my eventual request for a schematic. When that day comes, if they tell me to get authorized to get one ... you all will be the first to know
All the best to you Louis, for all of what you do!
A request that sends you on a roller coaster?
You have a girlfriend?
@@stevenm8970 I do. Why?
love your work
This video was such an inspiration for me
Especially the part about the connections
I'ma get there
I thank you for making this video, I feel like this is incredibly important for you to disclose it, and I very much appreciate it.
"The only reason other companys can't do this, and framework proved it, is because they don't care."
That was in Louis' video on the same topic, wasn't it?
companies*
Savage
because its pointless (have always been the downfall with modular gadgets)
Noone is gonna change ports over and over again and if the laptop breaks majority would buy a new laptop simply because they wants something new.
Even if they released greatly improved components majority of people would not go and buy the upgrade kit instead keep the laptop as it is and give it to someone who needs it then buy a new one.
What the market needs is companies who dont try to make it hard to repair their products and provide the parts required. not modularity.
With that said its a wonderful product and they got the repair ability but the market is not asking for modular laptops
Same thing for phones vis-a-vis Fairphone. Samsung or Apple could make a repairable phone that doesn't rely on exploitation and that's more refined and cheaper than a Fairphone, they just don't want to.
Linus “I can bring my own ego into inside conversations”
Framework “free LTT underwear when you buy a framework laptop”
Underrated af 🤣
They should make it dropproof
You know… not a bad deal! I’d buy!
🤣🤣🤣🤣🤣
"First 100 customers get special signed and shop-worn underwear!"
I dont think people realize how incredible it is to have a creator with Linus' level of transparency and honesty. Hats off to you Mr.Sebastian, you do it right.
Very cool, I didn’t think modular laptops would ever be a thing. I hope we start trending towards more long lasting sustainable things.
Man call me a nerd but I totally love this 'behind the scenes' type of business breakdown. I'd love more stuff like this too even though I know it's not completely normal for the typical videos.
This.
Yeah he's done one or two before where he talks about running ltt and costs associated with it. Way more interesting than I would have guessed
Used to be more common with older videos but as time has gone on it's been more let's shove videos out the door which there is nothing wrong with that but as he has grown it seems like the indepth portion has taken a back seat but it's nice to see this video
As someone who works in PR. My head is spinning at how good this is. Getting in front of ethical/PR nightmares while at the same time transparently backing the company you are invested in. I keep thinking about it and the list goes on. Bravo!
They talked about all of this weeks before in a wan show lol. Funnily enough, he had done a strawpoll then asking if he should invest and it ended up being a no(iirc it was 70%/30%). Maybe he did another poll some other week?
Honestly very happy that you backed them and you seem happy about your decision too i don’t think anyones going to look down on you for it
Way to go Linus. I’m glad you took the plunge. Thanks for bringing it up front and being open about it.
On one hand, Linus's transparency regarding his investor status makes me admire and respect him more.
On the other hand, I'm also a little more suspicious of him, wondering why he's carrying around that much American cash on him all the time /s
Linus Escobar :- U want some ram Boi.... i gottem all. DDr1 to DDr5 what do you need.
prop money. they use it in set for shoots.
@@Mihir.Sarkar Damn
Linus meth tips
I never trusted him. He always was too good to be true! 😄
This just feels right. The right to repair movement needs a legitimate leader in this space and Framework with Linus are taking a big leap forward.
Well done and good luck!
Don’t diss my man Louis like that pal 😡
@@jj481012 Luis is great but he sadly does not have the same pull and reach like Linus has. Thankfully they're cooperating so both can throw their strengths into the mix and hopefully ensure we'll some positive changes both in legislation and otherwise.
Implying Rossman is not legitimate?
@@RAHelllord idk about that. Louis now has lobbyists and is aiming at lawmakers directly. Maybe it's not how many people you need vs which people you need.
Hopefully Linus and Louis are two sides of the same coin. Linus can do a lot to educate the public, while Louis works hard to push things through the legislative process.
@@jj481012 louis is fighting the micro, with specific states he focuses on, along with kyle weins at ifixit. Their strat is the domino method. Linus is more of the macro game, as a solid leader to the masses, which may help at voting time. both are needed.
I believe in Linus to bring this company the networking partnership this company will need. I can’t wait to see CPU’s like Amd work with that company
thank you for your candor. also, thanks for explaining how the investment works. your answered a lot of questions I've had about that sort of thing.
I traveled a year back in time to watch this video and comment here 😂
I watched the update video from today before heading here.
When your "legal obligations" are the main theme of the video, and not hidden somewhere in the small print, that's a sign of an organisation with integrity
Wrong. It’s a sign that he’s trying to justify his actions to his fans. Don’t believe the hype.
@@bb55555555 hater
@@bb55555555 cry more
@@bb55555555 I disagree because anyone who has watched LTT for a while knows how they feel about right to repair, and consumer friendly tech. It's probably not strictly what a media company should do to remain impartial, but you can still choose whether to trust them or not. At least they can wear this decision with pride.
@@bb55555555 Why can't you justify your actions to your fans and keep your integrity at the same time?
Eta for the LinusBook 5000? Also, they want another investor? :D
I bet they would appreciate some Linux lovin from the one and only L1 Wendell
LTT black AMD edition plz
Shortbook 1
If they do a LinusBook they will have to endorse a special drop protection policy to cover damages. :D
Linus McBoatFace 5000!
Damn Linus. This is hands down the coolest thing you've ever done. From a fan since the "whole room watercooling" days.
This amount of transparency is just absolutely amazing, something we do not see nowadays and it's great to see that Linus cares about it.
I think that is the best way to show how good these are. If Linus, who has access to literally everything invests and buys it
Your replies are unfortunate
Woah bot central over here!
If you think that wasn't his intention you're a fool
Not only are they huge proponents of right to repair, but their packing is all recyclable! I think I may give them a look next time I need a laptop. That's the kind of company I'd want to support.
If they can get this right I might actually be able to recommend a laptop over a desktop and feel good about it, knowing that the user can update the parts as and when they need to. This product is the only current laptop I’d ever consider buying.
What's really big about this is that they aren't just a proponent of right to repair, they're basing their entire business model around it. So if they succeed, they're going to take every RtR opponent's bullets out of their guns because it'll be an undeniable proof such business model is viable.
I'm just waiting for a version with a (swappable) mobile gpu, but I really like what they're doing
Plastic is recyclable. Shipping in paper and cardboard is just a way to make sure you kill trees and make recycling the product more expensive.
Hopefully they will include Ryzen CPUs and some slower external GPUs.
Linus would make a great teacher. You'd actually look forward to going to school on the days he teaches
Incredible honesty and openness but, more than that, respect for your subscribers to directly address this tricky subject.
I’m glad that Linus decided to invest in Framework, we need more companies that will go all in on right to repair, and making sure Framework will be able to survive is a big part of bringing the market towards that
Yes ua-cam.com/video/WYRiSIkaUpo/v-deo.html
Fax
4 replies that are all bots.. shocking. UA-cam's a mess
@@Mikhael03 youtube is crap these days for small and big creators alike
Edit: and the last one is a fricking bit that leads to a link I'm not clicking *AND IT MOCKS YOU*
@@sys-administrator u tellin me as a normal person u r going to solder your board yourself? And just because they did one thing not as u wanted doesn't mean they they dont care, by saying they dont support right to repair u put them on one level with companies like apple
@@sys-administrator u havent watched the original video????
Honestly I trust Linus' judgment and his reviews on tech. I feel like he is genuine and invested in his love of tech.
Yea I agree, I just have envy of 200k to invest and the opportunity to get that 200k in such an exciting startup! (and the finances to be able to risk it all)
Very cool look into a small business' challenges. Speaking of supply chain and new products, I am very much looking forward to the new hoodie going on sale.
Very well said and done. I am sure you can maintain objectivity with your reviews. You have had promos where you requested the product to review and you tore them a new one or two. So I'm sure you can do this.
Given Linus's reputation and dedication and transparency, I would have zero issues with him continuing to review notebooks. I truly believe he is capable of putting his biases aside, or admitting them when they come up.
Yeah, still he'd better not to.
I would've zero issues as well, but there always will be people that will not see it the same way as we.
Also, that's probably illegal.
I think it would be good if he covers only the ones he is excited about. Trashing a competitor is where you usually get into trouble, not talking them up.
A conflict of interest can have impacts even when all parties don't realize it's occurring. Even if he's generally positive about a product doesn't mean that his perspective is not skewed.
👍
@@ruslanetss it's not, you will always see journals mention they have invested in companies at the end of reviews.
I actually really appreciate Linus giving us the big picture on how the business works, and where it overlaps with the tech industry. Linus is more transparent about his business operations with his viewers than I honestly would expect from someone in his position.
Agreed. He's had quite a bit of experience in the industry, and it's great that he's explaining it to those of us who don't have that level of experience.
@@ILoveHandles Well it was a severe oversimplification of production in a Capitalist market and financing growth. I would not use this as info for how to start a business. Linus has a tool that isn't afforded to most businesses. He has an ability to market things and get more eyes on them for absolutely free which is something your new business would not be able to do in the same manner. Someone just looking to start a business shouldn't really be looking that far in to the future of the business. You have to get the thing up and off the ground before any investors will be interested. No, if someone is wanting to start a business and simply hasn't because they don't have the knowledge. This isn't the knowledge you need. I'm not saying its bad information, but your company has to go a LONG way before you can ever dream of paying off loans with stock in your company. So not really starting a business information at all.
@@darktheories1758 While I don't deny any of what you said about his unique position for generating attention at low cost, or any of the things like trading stock being more a late term, big business matter, what I was specifically referring to was more directed at where he was talking about operational costs and production/distribution cycles, profit margins, etc, which I maintain are very relevant concerns to any business at any level.
Congrats , Very happy someone is able to do this.
Ironically, the transparency of this video is the exact reason WHY I finally subscribed.
"I'm just hoping to pour a little bit of gasoline on the relationship fire."
- Linus "Tech Tips" Sebastian, 2021
The last line of the video is so true: "The only reason other companies can't do this, and Framework proved it, it's because they don't care". Smart of Linus to put it at the end of the video, but wholeheartedly support Framdwork and Linus' vision. I'm looking to buy a laptop sometime this year or next year, if Framework releases a $2.5-3k AMD laptop, I'll buy it on the day it launches ❤️
I'd say it's more about them not wanting to than not caring. They care about their profits so why sell people something they can fix and upgrade for 10 years when they can sell them a new laptop every 5 years?
@@WMartinNI exactly. Whenever a business does or doesn't do something, the answer is almost always money. That's why people are talking about Framework, because they're doing it for the consumer.
@@WMartinNI or the same laptop with minor upgrades, because, why innovate when you have an idea that sells and you can drown out the competition through corporate lobbying
@@likeaboss971 or just the same laptop because most people won't even bother trying to repair a laptop, they'll just buy a new one.
Looks like an awesome concept, but this caring business model will only be "proven" if they can make it into profitable/viable business. I hope it does.
This video alone provides everything I need to trust both LTT and Framework going forwards, the clear transparency shows you have nothing to hide, and to that I have nothing but respect. Personally, I don't mind you backing out from notebook reviews if this is something you are clearly incredibly passionate about, and at the same time, after all these years of watching you, I can be pretty sure that no matter what ties to any companies you may have, the most important aspect of your reviews is the truth about a product. Framework is a breath of fresh air for not just the notebook market, but the tech market in general and I hope that in the future we can look back at this laptop as a sort of turning point. Good luck to both you and Framework.
This is best overview of the money problems facing startups I have ever seen. You have my support.
Mad respect to the CEO from Framework for being so blunt about being held to the expected standard. Love it!
No kidding, that's a bold and confident statement.
Honestly, very impactful, he better hold this position or that will be sent to him until the end of time. I do wish the actual screenshot was in the video, but it feels good to see that.
Wow this video does such a good job of showing how much work and money goes into running a physical product business.
It's all of the same stuff I've dealt with when running my own store.
Even companies that are solo self employed, and non-product selling (services etcetc) there is a lot of overhead, maintenance of tools, etc. Might be some difference in profit at the end, but thats always more of a country to country (an state to state) difference.
LTT did a good job with explanation :)
Kinda reminds me of gaming companies that mostly doesnt need to deal with all that anymore and still wanna make games more expensive., but that's another question entirely.
@@DPedroBoh They still have to deal with cuts from their publisher, the platform they are selling on, refunds, oh, and the big one - taxes.
But the actual reason they keep trying to increase their profit margin so bad is that their investors don't want to see sustainable profit, they want to see growth. It's the reason why if a sequel to a game makes the same amount as its prequel, it's seen as a failure despite being profitable. It's also the reason why Nintendo's Super Mario Run was seen as a failure, despite also being profitable.
I've mostly stopped playing AAA games in favor in indie titles as those are still developed and managed by passionate people.
Great explanation of working capital in manufacturing start ups!
I am looking fwd to his input regarding specs making it into the Framework laptops
Linus has raised the bar for each and every influencers. Kudos for such extreme level of transparency!
As a lifelong desktop PC user, this is literally the only laptop in existence I'm interested in.
If that Ryzen or more specifically, a gaming centered version of it drops in the future, there's a stupid high chance im gonna cop one.
Also since its official, LTT case / keyboard version when?
I had to seriously hold myself back from getting one already lol. I don't need a laptop but I wanted one just for the support to the company and the epicness of a modular laptop
me too holy shit lmao
Imagine a modular GPU, kinda like the old school Thinkpad Ultrabay ones
@@lauhaunting Even if it was only on a 17" or something, a modular GPU would be great.
This is refreshing on so many levels. And smart. Even if any aspect of this goes pear shaped, your country-sized populous community of subscribers are going to be backing you.
This channel is just awesome. the guys are genuinely serious about their craft. They are the real deal. I support that.
That bezel just popping off so easily made me unexpectedly excited. As an IT technician, screen replacement is probably one of the most annoying processes because the bezel never comes off as easy as every video males it seem.
That and it always feels like a few plastic clips make it their mission to insure they'll never go back in the latch they originally sat in.
Either cause the WiFi antenna band sifted or because the clip didn't survive the opening process since you accidentally used just a smidge too much force.
It's held on with magnets. You can't get any cooler. As long as you have an average IQ you can fix that laptop. In fact, I'd wager that if you can get in the army you can fix that laptop.
(Edit: and I want to be clear that I'm not saying people in the army are stupid, it's just the only organization that has a stated minimum IQ for entry)
I wonder if I'll make you wet your pants when I tell you this part (which you might already know if you've been paying attention):
_The screen isn't glued to the top case. Screws only._
ASUS VivoBooks make me want to throw them at the wall. Also the new cheap HP laptops have the panel glued to the top lid. Which meaning you have to risk bending or breaking the top lid assembly to get the screen off.
@@carlanwray8718 "Stated minimun IQ to get in" that cuts out the bottom 1/3 of the nations bell curve making your average soldier who has a lower intelligence demanding job likely having a higher IQ than the average citizen. You may not be trying to say they are dumb buuuuut you did and you are wrong lol
I'll be honest, at first when you reviewed this laptop I was thinking: "Oh, another one of those "diy" laptop companies that will inevitably shut down or become the same as every other manufacturer in the end due to corporate greed." We have seen it all before, after all.
However, seeing you willing to take the plunge AND having full rights to publicly abandon them and cover why gives me a lot of confidence in this business. I now fully expect that this business will become a very big name in the years to come and I look forward to seeing what they do in the future, as I'm sure you will cover it.
even alienwere tried and failed , i hope they do succeed
@@TECH3_ Problem is Dell tends to just not care about the consumer space as it doesn't make nearly as much money as what matters to them: business and enterprise.
Yeah, I don't think he represented the amount of trust LTT viewers have on Linus' opinion... and as long as framework backs it up, then I see no problem. hope everything works for framework, I myself am seriously considering one since I've been looking for a smaller laptop than my M15 to take to school etc.
i don't get why this concept fails to be profitable.
even if they can't sell a new model every single year..
not being able to up themselves every year because they hit their max height with laptops. only gives them room to branch out into other stuff like phones.
i truly believe one day the apple like trash e-waste generation will fuck them in the ass someday. because they literally make tons of money by creating trash piles for the world.
if they had to recycle every single fucking thing they put out there. they would be a lot less profitable. and they would choose the framework route.
@@TECH3_ The amount of money needed to make Dell actually interested in a new market segment is WAY higher than the amount needed to keep Framework viable and growing.
"Failed" for Dell means it would not be profitable enough, quickly enough, to keep them interested. "Failed" for Framework will mean actual failure. I think Wendell pointed that out on the Level1Techs video on the thing a day or two ago.
Thank you for your investment and your honesty, Linus ! I would just do the same if I could, and I sincerely hope Framework changes this industry. The planet and the people on it cannot wait !
12:24 ,and how Gary works for LMG :O
And Terren Tong
I lost it at the "Linus's Commitments" part, was not expecting that closeup.
That being said, I'm super enthralled with Framework's mission and excited to Linus backing them.
All in BRUH.
I'm expecting once they grow large enough, Linus will have special LTT edition.
@@QueueTeePies I would probably buy it ... Sounds like a good marketing plan
Oh wow. Those closing remarks gave me goosebumps.
"If Framework reneges on the promise they made to me, my break up with them will be swift, absolute, and in public."
My man. I'm fully behind this. Looks like my next laptop might be a Framework.
If I had a use for a laptop, I'd be already pre-order that shit. It looks so dope!
Ditto
12:14 how ironic that 2 of the people mentioned now work at LMG 😂
Well I mean if he's paying the majority of his friends he might as well and get his few friends that he doesn't pay on that list
Nice change of pace video!
This level of clarity and transparency is so refreshing. I wish more content creators, and really everyone was more like this. Props to your respectability Linus
you are asking people lose money....willingly, I don't think it's gonna happen on a large scale
I mean... it’s a commercial.
I am going to assume no tax deductables is going to be mentioned or amortization. This is below Economy 101. This video is almost a blatant lie.
Yeah.... unfortunately just because he is transparent about it does not make this a good idea. I don't quite get it. He could have gushed about the product without being economically invested in it. That'd probably do more good especially if they didn't need the money. He may be looking to make money off of this.... but yeah.... that is problematic.
The transparency is great though. Let everyone know what is going on and let them make their own decisions. I very much disagree with this move, but that's just me. To each their own.
Appreciate not only disclosing your position, but also acknowledging some of the more sticky aspects of this tie up. Also, love LTTs continual mention of environmentally friendly packaging. Makes us as consumers more aware of it, and hopefully encourages more companies to stop using plastic.
Full appreciate the openness on this. My next lappy will be a framework.
This is cool, followed you for years, Im sweet about you covering all "cool stuff"
I am EXTREMLY excited for this! It'll teach people how computers/laptops work on the hardware end of things, enthusiasts will have fun swapping and building AND everything to do with "right to repair" comes to fruition. I desperately hope this becomes a smashing success!
I do too!
@@thezikaz couldn't think of anything else lol
Is it really that difficult? I figured out how to replace parts just by looking up how to? My education in college only covered software side of IT. Not replacing, upgrading or fixing hardware. And it wasn't needed since I learnt that by just using the internet?
Why can't most people with interest in this do the same? This isn't that difficult is it?
I felt the same way about programming 6502 in assembly language. Using address lines to load a byte from a memory address onto the accumulator. Using opcodes to manipulate memory and ultimately putting it together to interface with the OS and show the output to the screen, on these simple computers by manipulating a simple frame buffer. I guess you thing also teaches people about computers. ROFL.
@@robertdulany6811 lmao damn RD who instructed you to just put his bits on the pipeline and execute them, this should be illegal *wink* *wink*
Louis Rossman: Thats nice it has a really long ribbon cable so you won't rip it off when you open it, but im sure the genuis bar could do it.
*Linus enters the room*
I knew what Linus did was trying to trigger a memory!
You have my full support sir. Much respect for your transparency.
Super excited about this, and really looking forward the picking one up! I would love to see an AMD version and a Matt Black D-Brand Skin! :D