Jamie

Biz, Tech, and other fun stuff.

[Jamie @JamieOMeara]

As part of #ship30for30, I will be writing an atomic essay for the next 30 days.

I'll share insight on career transitions and movement in tech and sales engineering for people interested in getting started.

Follow along in this thread below. ⬇

[Jamie @JamieOMeara]

3-5 years ago all presentation decks included animated GIPHY, now it’s all ChatGPT and Dall-E content. Does Keynote have this feature built-in

[Jamie @JamieOMeara]

It’s been exciting to help reach this milestone.

[Thomas Dohmke @ashtom]

For the first time, GitHub has surpassed $1 billion in ARR. This achievement is a direct testament to the ingenuity and dedication of our Hubbers, and the longstanding trust held in us by the developer community and our customers. And we know this is just our beginning.(1/3)

[Jamie @JamieOMeara]

Interesting to see the exit % for a unicorn

[samir kaji @Samirkaji]

The last 10 years have spoiled a lot of investors and skewed venture expectations. I've had both GPs and LPs this week casually say that 5x net is a reasonable benchmark for seed stage firms.

Why is this unreasonable? Let's look at the math. 🧵

[Jamie @JamieOMeara]

@BucknSF Inflation of Time? I hear it’s 🔥😂

[Jamie @JamieOMeara]

Seems right. Best move I made was leaving a late stage pre-IPOer a few years ago and hitting the secondary market at the top of its valuation 6 months into my new role. Pure Luck 🍀

[Chris Conforti @Chris_Conforti]

Thoughts on where the late stage private mkt is headed 👇

[Jamie @JamieOMeara]

At the start of the year, the conversation was public vs private valuations of tech companies, now it seems to be hiring vs layoffs of the industry. I remember the feeling of my first layoff and empathize w anyone going through it.

[Jamie @JamieOMeara]

I sure remember this feeling in 2001, minus the office visit. I remember being surprised my company offered free breakfast everyday and wondering if my peers felt that same way. Good thread!

[Bill Gurley @bgurley]

For employees that have only known this world, the idea of layoffs or cost reduction (or being asked to come into the office) is straight up heresy. In many ways this is not their fault. Excess capital led to excessive showering of employee benefits and heightened expectations.

[Jamie @JamieOMeara]

Honu at the boat! Loved seeing this one today.

[Jamie @JamieOMeara]

Tonight’s Maui sunset

[Jamie @JamieOMeara]

Mid week ride

[Gavin Baker @GavinSBaker]

@DanielSLoeb1 Agree

[GitHub @github]

Screen too bright? You can now quickly switch themes on GitHub from the command palette (cmd/ctrl + k) and chose the option that suits your mood the best.

[Jamie @JamieOMeara]

@jaminball Over the last two years it felt like tech stocks were up 4% everyday and on a good day 8%. Now it seems the opposite w a daily loss of 4%. Both were not sustainable and tech feels oversold. I agree and will continue to buy at these low prices.

[Jamie @JamieOMeara]

@jaminball If this plays out similar to 2001, I was happy to find a job as a software engineer. I’m not sure if it will but I assume raising capital just got a lot harder. I’m get better candidates in our hiring then 6 months ago.

[Jamie @JamieOMeara]

@moredeploys Had the same feeling when Pivotal was formed and I rolled into Pivotal. Different cultures for sure, each strong for there own reasons.

[Jamie @JamieOMeara]

Interesting ... I've read a handful of articles in recent weeks stating how difficult it is to attract new executive leadership because of valuations. Also the discrepancy between public vs private. Who's next? https://t.co/mphQcKhqVs

[Jamie @JamieOMeara]

@hmvandenb Congrats!

[Jamie @JamieOMeara]

I’m sure the answer is somewhere in the middle.

[Jamie @JamieOMeara]

Ther has been a lot of interesting discussion lately about the public vs private valuations. Now I’m starting to see articles mention a potential slow down on the private side. Time will tell but it felt like to different worlds until recently. https://t.co/RI1d42cZrs

[Jamie @JamieOMeara]

Good day on the hill yesterday. @MatthewEGunter I’m tired.