NO FEES on web transactions. Game over for the Apple Tax.
Apple’s 15-30% junk fees are now just as dead here in the United States of America as they are in Europe under the Digital Markets Act. Unlawful here, unlawful there.
4 years 4 months 17 days.
"Estimating all projects is devilishly difficult, and estimating large projects is virtually impossible. Yet we insist that what hasn't worked for sixty years will definitely work on this next project, if we all just try a little harder. Delusional." https://t.co/qaJikYDHd5
The Olympic Cauldron was lit with a burning arrow on this day at Barcelona 1992. 🔥
As archery kicks off today at #Paris2024, we're throwing back to that unforgettable moment.🏹✨
@worldarchery
I don't know about other fields, but in startups the worst thing you can be is a scenester. It's even worse than being stupid. Stupid people can succeed if they try hard enough. But when I hear the founders of a startup described as scenesters, I write them off.
🚨NEW WORLD RECORD CONFIRMED
@IbaiLlanos and the Spanish-speaking community made history one more time.
You are legends of the internet.
#LaVeladaDelAñoIV
If I were bootstrapping again, I would only go full-time with the following conditions:
— You have a product-market fit, for example, using Sean Ellis's survey method
— You have actual customers and not only users
— The business is growing, and growth is predictable
— You have a stable distribution strategy because figuring out distribution and marketing is as hard as building the product
If you don't have these, you'll be way too stressed. Figuring out the above can take months or years; no formula exists, and just working hard won't cut it.
For Todoist, I only went full-time 4 years after starting it. During this time, I only worked on it during the night. In hindsight, I should have gone full-time after one year because I had all the above conditions met.
Todoist has made more than $100 million in total revenue, which isn't very interesting because many others have reached this number. What's interesting is that we did it in our unique way:
— Fully bootstrapped. Customers have supported us since the beginning, and we've used only our revenues to improve things further.
— Complete independence. Since we are customer-supported, no one tells us what we can or can't do.
— Remote-first. But not only remote-first, we've hired super talented people worldwide who never went to Ivy League schools or worked at Google. Many of the early people who joined Doist have seen a 10x increase in compensation as we've scaled Doist.
— Europe mixed with US mentality. We've achieved this by working 40-hour workweeks and taking 40 days of vacation per year. We only work on weekdays. The three-member CXO team has 8 kids, and we got them while we scaled Doist.
The most critical personal lesson I've learned is that you can do much more than you think. I came from a refugee background and started a real school in the 4th grade. Starting and running a tech company was not even plausible while growing up. But here we are! So start learning, growing, and building! You got this 😊🚀
that feeling when a seemingly impossible bug turns out to be a single character typo that your eyes skipped the dozens of times you read through the code
I continue to be amazed how many software engineers have not taken the bare minimum effort to understand how LLMs work, and assume things like “it can reason.”
A trait of any kind of engineering is you look under the covers of the stuff you use, understand how it works and why.