Garrett Smallwood

CEO of @wagwalking — striving to be the #1 pet platform in the US.

[Garrett Smallwood @GarrPS]

Couldn’t be more excited for the 🐐 — @bonatsos has been my first call for years. Honesty + humility + raw intellect is a wildly rare combo. Lucky to call him a friend & very excited to see (and back) whatever is next. LFG!

[Niko Bonatsos @bonatsos]

After 15 wonderful years @generalcatalyst I am moving on to new adventures. The best days for GC are ahead! Super grateful to every single one of my teammates that I had the fortune to work with over the years. I learned a lot. Very thankful to our limited partners too for their long-term support. Equally importantly, it's been the privilege of a lifetime to work with so many inspiring tech startup founders from the very early days.

[Katherine Boyle @KTmBoyle]

Parents encourage or let their kids opt into disability diagnosis because it seems like there’s little downside: more time on tests, better chances at college admissions, optional performance enhancing drugs, accommodations of all types.

I can’t stress this enough: the consequence is your child’s character. Many kids genuinely believe they’re sick or that there’s something wrong with them. You tell a girl she seems anxious, she’ll believe she’s anxious. You tell a boy he has a true disability in the form of ADHD and he starts thinking creativity or day dreaming is a deficiency.

You can gaslight people into believing they’re sick, and we have entire systems and institutions encouraging this. We’ve convinced young people it’s fine to be weak and frail, when we should be doing the opposite: convincing them they’re resilient, independent, strong people who can handle any challenge.

If there’s one thing I believe as a parent, it’s that you can will your children into greatness. Society will encourage them to do the opposite, but you don’t have to comply.

[Object Zero @Object_Zero_]

Birth Rate Collapse & Economic Utility of a Birth

This is really weird, but I suspect it’s overlooked in socio-economic research literature.

Below I present 2 zones on the same chart.

The pink zone on the left chart shows the useful economic life of 1 human birth in the year 1851.

The green zone on the right chart shows the useful economic life of 1 human birth in 2011.

Now because of medical advances, sanitation, public health, etc, etc we have significantly improved life expectancy and reduced infant mortality. This means that a birth in 2011 has vastly more hours of economic output than a birth in 1851. Historic mortality rates really cut down the expected economic lifespan of a birth, but how much?

The pink area on left = 40 years * 40% + ( 40 years * 30% )/2
= 22 years of economic work per birth (yikes!)

The green area on the right = 51 years * 98%
= 50 years of economic work per birth.

These numbers are massively different.

The expected working lifespan of a human at birth has increased by 127% over 160 years. Even though we work to approximately the same age.

This means that in economic terms 1 birth in 2011 is worth 2.27 births in 1851. How does that gain in economic utility per birth compare to the collapse in volume of births?

Today there are 2.31 births per woman worldwide.

In 1850 there were 5.82 births per woman.

5.82/2.31=2.52

So we have 2.27x gain in utility per birth and a 2.52x fall in the volume of births? These ratios are within 10% of one another, they almost perfectly track inversely to give a fixed amount of ‘human economic utility birthed per woman’.

I find this to be a staggering coincidence.

Is the collapsing birth rate just supply and demand? Did longevity gains simply create a temporary oversupply of units of human utility?

The population crisis might just be market forces. Or rather, it’s just macro-ecology.

[Nat Eliason @nateliason]

This is a wild piece

[Elon Musk @elonmusk]

You are a taker, not a maker. All you’ve done your whole life is take from the makers of the world.

The zero-sum mindset you have is at the root of so much evil. Once you realize that civilization is not zero-sum and that it is about making far more than one consumes, then it becomes obvious that the path to prosperity for all is just let the makers make.

Regarding Tesla, the reality is that I have been given nothing.

However, if I lead Tesla to become the most valuable company in the world by far and it stays that way for 5 years, shareholders voted to award me 12% of what is built. Anyone who wants to come along for the ride can buy Tesla stock.

If Tesla “merely” becomes a $1.999 trillion dollar company, I get nothing. This is a great deal for shareholders, which is why they voted so overwhelmingly to approve this, for which I am immensely grateful.

And they did so by a margin far more than you won your political seat.

[Palmer Luckey @PalmerLuckey]

Learn to prompt.

[Garrett Smallwood @GarrPS]

@ArfurRock Can confirm. Great initial experience (price, speed) & onboarding. Will report back after my flight next week!

[Garrett Smallwood @GarrPS]

Seriously paw-mazing results for @WagWalking in Q1! 🐾 Revenue is up 13%, we were operating cash-flow positive, platform participants are up 10%, and we launched two new products in our highest-demand verticals. 💪📈 More: https://t.co/b8AoQBz94M

[Garrett Smallwood @GarrPS]

@martintrevor_ @realRileyMunks Here we go!!

[Sam Altman @sama]

this is the most interesting year in human history, except for all future years

[Wag! - The #1 App for Pet Parents @WagWalking]

LISAN PAW-L GAIB 🪱

[Silicon Valley Bank @SiliconVlyBank]

Join us tomorrow for a conversation about how companies can effectively build a diverse board of directors.

Tune in to hear from @jcmangan, @GarrPS and @collegetrack’s Shirley M. Collado: https://t.co/4wpivTWgrZ

[Garrett Smallwood @GarrPS]

@wagwalking does it again! 💪 Record Q4 revenue and FY2023 revenue growth of +53% 📈 2024 Guidance: $105m - $115m revenue & $2m - $6m Adj. EBITDA. Long-term guidance of driving towards >$200m in revenue in 2027! 📲🐕🐈 De-TAILS: https://t.co/2WQvj5sCT8

[Wag! - The #1 App for Pet Parents @WagWalking]

Another record quarter & spectacular year for @wagwalking! 2023 revenue ↗️53% YOY to $83.9m, positive aEBITDA of $0.7m vs. last year’s loss of $3.9m, & long-term guidance of driving towards >$200m in rev. in 2027 🐾 Huge thanks to all who contributed! https://t.co/cD3x7sQzmI

[Wag! - The #1 App for Pet Parents @WagWalking]

@Wagwalking is matching donations made to @bestfriends in honor of the Puppy Bowl on @animalplanet 🐶🏈 Donate here: https://t.co/9QM1TpKMSF Watch Puppy Bowl XX Sunday, February 11 at 2P ET/11A PT on Animal Planet. #PuppyBowl

[Garrett Smallwood @GarrPS]

Welcome to the @wagwalking family, WoofWoofTV! 18m+ followers, annually: 800m reach on FB+IG, 25m unique viewers on Snap, 5m impressions on YT… Unlocks marketing opportunities and content creation resources for Wag!’s suite of brands! 📈🚀 De-TAILS: https://t.co/zwXTnE04Fi

[Wag! - The #1 App for Pet Parents @WagWalking]

ButcherBox For Pets is new to the dog food market, so how does it stack up? 🐶 Check out our review: https://t.co/4Rpg9yBxw8

[Garrett Smallwood @GarrPS]

Proud of @wagwalking for a record Q3 where we’ve reported our highest revenue quarter and highest adjusted EBITDA in company history! 🐾💚📈 $PET

[Wag! - The #1 App for Pet Parents @WagWalking]

A PAW-some, 🐾 RECORD quarter at @wagwalking (Nasdaq: $PET). Revenues 📈 42% to $21.8m, net loss 📉to $2.2m, and a record adj. EBITDA of $1.0m. We’re laser-focused on innovating & expanding for our incredible community into 2024 + beyond. 🚀 De-TAILS: https://t.co/0Nv9GoiczB

[Wag! - The #1 App for Pet Parents @WagWalking]

Wagging through Wag! HQ like it's a walk in the park, where everything just paw-sitively makes sense! 🏢🐶🐱📁 Download the Wag! app: https://t.co/npsM9qnpde

[PYMNTS @pymnts]

.@wagwalking CEO: We want to be the ‘pup’ button on your phone. Roll over to PYMNTS for the full recap of @GarrPS' chat w/ Karen Webster: https://t.co/jVHv6PMG48

[Garrett Smallwood @GarrPS]

@karenmpd @WagWalking Was paw-some to get to chat with you, @karenmpd !