Cory

Scaling/SaaS CFO @fellowapp. Start-up pirate.
Everyone has a plan until they get punched in the mouth.

[Cory @CoryMichaly]

@martin_casado Only things I'd add are ARR/head to get a proxy for how opex is scaling with ARR growth (super or sub-linear) and break out variable gross selling burn from net burn (leaving net opex burn) to understand if the business is getting closer or further away from opex break even

[Cory @CoryMichaly]

@runwayco (inserts two column months hard-copied from the L3M avg)

[sophie @netcapgirl]

“let’s just use google sheets it’s basically the same as excel”

[Kofi Ntim🇬🇭 @NtimBarima]

Microsoft Excel should be taught as a full course in schools

[Rob Go @robgo]

There is a real risk of false positives right now because in almost every industry, every company feels pressure to buy "AI". I do think the potential is huge, but founders will find that the strength of customer signal or even early traction may be a head fake.

[Cory @CoryMichaly]

@BenjaminT007 @semil @ewiesen But then running the model and delivering on that revenue (and, in alot of cases, the freemium usage that is supposed to convert to revenue later) results in low or no (or even worse, negative) margins. Call it indirect capex.

[Cory @CoryMichaly]

@BenjaminT007 @semil @ewiesen My guess is he means high COGS / training cost

[Jason ✨👾SaaStr.Ai✨ Lemkin @jasonlk]

Moving from monthly to annual pricing has its place

💔But it >doesn't< reduce churn

It just masks it for 2-12 months

😢It doesn't make the product any better, or customers any happier

It just traps them a little longer

[Jason ✨👾SaaStr.Ai✨ Lemkin @jasonlk]

In 2022, you could blame the markets
In 2023, you could blame "macro" impacts
In 2024, you could still claim we were in a "downturn"

In 2025 -- you've run out of excuses

[sophie @netcapgirl]

> take over an operation struggling to make interest payments
> fire management
> replace with your own operations teams
> find ways to cut excess spending and streamline processes
> use cash for new fund

the USA is deploying the private equity playbook and it’s beautiful

[sophie @netcapgirl]

the $500B supercomputer project “Stargate” was announced yesterday. its backers hope the infrastructure will allow users to run chrome, excel and slack at the same time

[Andrew Reed @andrew__reed]

Northbound 101 at South San Francisco

[sophie @netcapgirl]

microsoft excel

[Morgan Housel @morganhousel]

Lacking real problems, a lot of people immediately stress out about fake or minor ones. It's like there's a minimum level of stress that they require.

[sophie @netcapgirl]

dad, are you a tier 3 vc?

[Derek Thompson @DKThomp]

New study: An analysis of 400 occupations found that taxi and ambulance drivers had the lowest proportion of deaths from Alzheimer’s—raising the possibility that constant stimulation of the hippocampus, used for navigational and spatial processing, might be protective

[Cory @CoryMichaly]

@Osinttechnical

[Will Manidis @WillManidis]

the reason you feel insane is because all of your "hobbies" are nothing more than glorified consumption. you won't find God in $15k a month of skis, camera gear, or coffee machines. you NEED to create something, just go BUILD, a chair, a bench, carve some wood, anything, please

[The ₿itcoin Therapist @TheBTCTherapist]

I think about this photo a lot

[sophie @netcapgirl]

“ai is coming for your jobs” i’d like to see ai play golf with the ceo of the company you want to buy