The Albanian Kid from the Bronx Who Outgrew Walmart - Then Started Over on Purpose
He helped build a $3.3 billion acquisition, led engineering teams serving 100 million patients, and walked away to write a newsletter and sell courses. Not because he had to. Because he finally could.
There is a version of Louie Bacaj's story that reads like a straight-line immigrant success narrative. Born in Albania. Raised in poverty in the South Bronx. Becomes a software engineer. Joins a hot startup. Gets acquired by Walmart for $3.3 billion. Climbs to Senior Director. Serves 100 million patients. Lives happily ever after on a corporate salary and a generous 401(k).
But Louie Bacaj is not that story. In September 2021, he handed in his badge, left the most powerful retailer in the world, and started over - not because things were bad, but because he'd quietly figured something out. Software engineers, he realized, had one of the rarest privileges in modern economic history: the ability to create income without venture capital, without permission, and without a boss.
So he made a bet. A small one, then another, then another. A newsletter. A course. A community. A SaaS app or two. Some rental properties. A philosophy that sounds deceptively simple: "Make money with bits. Diversify into atoms."
I make less than before, but I get to say what I want, work with who I want, and walk my kids to school. That's worth it.
- Louie BacajThe year he left corporate, he made $100,000 on his own. The next year, $200,000 and climbing. But the number that matters most to Louie Bacaj is not a revenue figure. It's the walk to school every morning. It's the number of mornings he was present. That's the scoreboard he actually watches.
His business entity is called "Motivation Stack LLC." It is the most Louie Bacaj name possible for a company.
Louie's engineering career followed a path that most engineers only read about. He joined Jet.com - a ferociously ambitious e-commerce startup founded by Marc Lore to compete directly with Amazon - early enough to matter, late enough to learn. He grew from individual contributor to engineering leader inside a company that moved like it was trying to break something on purpose. In startup terms, that was the education.
When Walmart acquired Jet.com in 2016 for $3.3 billion, Louie moved with the company. At Walmart, he led Pharmacy Technology - infrastructure that powered $35 billion in annual pharmacy revenue and served 100 million patients. If you've ever picked up a prescription at a Walmart pharmacy, there is a real chance that Louie's code touched that transaction.
By the time he left, he was a Senior Director of Engineering - three or four levels removed from writing code himself. In his own words, it felt like being on the moon. Abstract. Disconnected. Powerful in ways that don't feel powerful from the inside.
He describes the manager-of-managers role with characteristic honesty: "Being a manager of managers is totally abstract. You're so disconnected from code, it's like being on the moon." He wasn't complaining. He was noticing.
The noticing is what eventually made him leave.
Sources: public disclosures in newsletter and podcast appearances
The central idea behind Louie Bacaj's post-corporate life comes from a deceptively simple observation: software engineers have an unfair advantage. They can build things that make money without asking permission. No investors, no board, no waitlist. Just skills, a laptop, and internet access.
He co-founded Small Bets with Daniel Vassallo - a community of over 7,700 builders who operate the same way. One-time fee. Lifetime access. 53 expert-led courses. The model itself is the message: you don't need recurring revenue traps to build something durable.
His framework, borrowed partly from Charlie Munger's multidisciplinary worldview: place many small bets. Some fail quietly. Some break even. A few quietly compound into things that matter. The winner is not the person who placed the biggest single bet - it's the one still standing after ten small ones.
Software engineers have some of the best odds in the modern era of building things that make money without any early VC money.
- Louie Bacaj"Engineers think doing the work gets them promoted. But add value AND make noise - tell your manager's manager what you did."
"Startups are about speed. You got to move fast, build things, plant flags and be comfortable with technical debt."
"You learn far more from getting 10 paying customers than from failure. Once you have customers, everything changes."
"When you take VC money before having anything, power is skewed. As an engineer, I can make money tomorrow doing courses or consulting."
"Every extra word in your writing multiplies across readers. Writing forces you to think through edge cases and clarify ideas."
"AI tools are a regression to the mean. If you're below average in a domain, AI will make you average."
"Being a manager of managers is totally abstract. You're so disconnected from code, it's like being on the moon."
"Become coffee. In the thing you are doing now, get a little better each time."
Memes & Motivations. Substack newsletter with 9,000+ subscribers tracking the journey from engineering employee to entrepreneur.
Co-founded with Daniel Vassallo. 7,700+ members, 53 expert-led courses, one-time lifetime fee. The anti-subscription subscription.
Sold 1,500+ times on Gumroad. The practical playbook for engineers who want to level up without burning out.
Co-hosted podcast for engineers navigating careers, entrepreneurship, and the spaces between the two.
iOS voice note app with local Whisper.cpp transcription and Qwen 3 LLM. Open-sourced on GitHub. Built to think while walking.
Rental properties as the "atoms" half of the bits-and-atoms portfolio. Teaches real estate investing inside Small Bets.
There is something quietly radical about Louie Bacaj's approach to the internet. He is, by his own admission, an introvert. He grew up speaking Albanian at home in the South Bronx, which has a way of making you careful with words. He worked as a barista at some point - the coffee metaphors in his writing have a specificity that only comes from actually making espresso shots at 6am for impatient strangers.
When he writes "Become coffee. Get a little better each time," he is not reaching for a metaphor. He is remembering something.
He builds SaaS apps with his brother. He discusses money openly - income numbers, revenue trajectories, what worked and what didn't - in a way that most engineers are trained not to do. The transparency is intentional. His newsletter tagline is "Sharing the journey from Software Engineering Employee to Entrepreneur." He means the word journey in the unsexy sense: including the wrong turns.
Influenced by Charlie Munger's multidisciplinary approach to thinking, he resists specialization in the same way Munger resisted staying inside a single mental model. A good engineer knows how systems work. A good entrepreneur knows how incentives work. Louie Bacaj's bet is that the overlap between those two things is where the interesting stuff lives.
He worked as a barista before engineering took hold. These days, his most-repeated career metaphor involves espresso: "Become coffee. Get a little better each time." The specificity is the point.
"I make less than before, but I get to walk my kids to school every day."
Doing the work is necessary. It is not sufficient. You need to make sure the right people know what you built. Visibility is not bragging. It is job security.
When you write for an audience, waste multiplies. Cut the filler. The discipline of writing for readers forces precision that benefits every part of engineering work.
Engineers can start making money independently before they ever leave a job. Courses. Consulting. Newsletters. The runway is built before takeoff, not after.
You learn far more from getting 10 paying customers than from failure. Once you have customers, everything changes.
- Louie BacajHis newsletter is called M&Ms. It stands for Memes & Motivations. Exactly what you'd expect from an engineer who takes fun seriously.
His most-starred GitHub repo is not an AI tool or a startup framework. It's an ASP.NET MVC 5 shopping cart from before Jet.com was even a name anyone knew.
His business entity is "Motivation Stack LLC." If you needed a company name that sounds like two engineers had one too many espressos, this is it.
He is an Arctic Code Vault contributor on GitHub. Somewhere in a Norwegian mountain, Louie Bacaj's code is preserved for future civilizations.
He built a Google Analytics replacement in under a week using AI. Not to sell it. To see if he could.
Gergely Orosz of The Pragmatic Engineer - read by hundreds of thousands of engineers - endorsed his courses. That's the newsletter equivalent of a Michelin star.
Built and open-sourced an iOS app using local Whisper.cpp and Qwen 3 LLM. Voice notes that transcribe and think locally, no cloud required.
Published for the newsletter audience: incremental improvement as the path to career leverage. The coffee metaphor returns.
Nuanced take on AI tools: they raise the floor, not always the ceiling. "If you're below average, AI makes you average." Widely shared.
Featured interview covering the full career arc: junior dev to director to entrepreneur. One of the best long-form conversations on record.