Costco is a fascinating business. You know all those groceries you buy? Yeah, they basically sell those at breakeven and then make all of their profit from the $60 annual membership fees. Quick [THREAD]
After a year working on 1350+ icons, illustrations and a full-blown editor, we’re finally launching https://t.co/ttqvpky3Te 🙌 https://t.co/2B4W7YFcH0
Almost everything I've learned about startups: * Aim to get to cash flow positive early * Don't overly optimize for private market valuations * Build a great team and culture * Make sure the business model *works* * Focus, focus, focus. Dilution of effort will crush you
When it comes to achieving financial freedom, being able to create is a superpower. Here's a short story about why...
The first thing founders should do when they think they're ready to fundraise is lock down the narrative of their startup.
Don Valentine, the greatest of all time. I spent the morning watching his GSB talk. Rest in peace: 1. If you don't attack a big market, it's highly unlikely you're ever going to build a big company. (thread) https://t.co/NEOsFnJFAt
Disney + just made the most epic Twitter thread we've ever seen. 400+ tweets announcing every single title that'll be available at launch. Quick thoughts + analysis (thread): https://t.co/gFcb432laP
How Airbnb, DoorDash, Uber, Instacart and Caviar onboarded new supply (Thread) Airbnb: “For every new listing we brought onboard, we went through a 12-point checklist (e.g. number of pictures, length of title, etc), so that every listing that went live had a minimum standard..."
Online education is taking off. But the courses on the future will look nothing like the courses of today. The best ones will be: • Active, not passive. • Communal, not solo. • Responsive, not static. • Live, not recorded. It’s happening. Education is finally improving.
I'm starting a new agency focused on NoCode design + build. Who wants to run it? :-)
A friend is selling their niche, profitable SW business - $1.5M rev / $500K net income. Are there any PE buyers at this nano-scale?
1/ "We create software like it's a game" - @rahulvohra discusses how his team @superhuman thinks about designing products with the same video game principles that create joyful experiences - 1/2 clips below... https://t.co/EwT0DtoHFj
What are some of your favorite personal productivity hacks? ie: color-coded calendars, no meeting days, etc.
1/ "We have to have a business with some inherent characteristics that give it a durable competitive advantage." C. Munger "The key to investing is ... determining the competitive advantage of any given company and, above all, the durability of that advantage." W. Buffett
Is 300% YoY growth 3x or 4x? I GET SO CONFUSED b/c 100% YoY growth is definitely 2x
What are your favorite, inexpensive but super delicious food places / restaurants in NYC ?
1/ This series by @wistia is one of the most interesting and effective pieces of media I’ve seen in some time. They hired video agency @sandwich to make 3 versions of the same video introducing their new product Soapbox: with budgets of $1k, $10k, & $100k https://t.co/AXFPaI…
Frank Slootman, one of the best operators in enterprise software of all time, on the importance of building a strong sales and marketing team early: "you control your destiny, and you don't need anybody else to hit your numbers" Excerpts from "Tape Sucks" on the topic: https:/…
"I have stolen ideas from every book I have ever read. My principle in researching is "Read like a butterfly, write like a bee", and if this story contains any honey, it is entirely because of the quality of the nectar I found in the work of better writers." — Philip Pullman ✨
💌 I've been improving @WIP's onboarding flow the last few weeks. The latest addition is an email sequence spread out over 8 days. The goal is to teach new members about the how (practical) and why (philosophical) of WIP. First email: 👋 Welcome to WIP (15 min. after signup) …
Ranked by when the bookmark was saved during this London date range. Save rate means public X bookmarks divided by views, with a 10k-view minimum. Metrics are X's latest public counts; older items can be stale once they leave the recent-bookmarks sync window.