Austin

musings mostly unrelated to proptech | founder

[Austin @aylo]

PSA: if you care about getting out of JFK in a reasonable amount of time, don’t bother flying JetBlue. Uber pickup moved to terminal 7 so you get a fun half mile walk + AirTrain just to get a car.

[Austin @aylo]

Either the Twitter algo is better than I thought or every other founder has started running marathons.

Gonna have to get into curling or something.

[Austin @aylo]

Cap table software is the purest example of commodity SaaS with no moat.

In a 3 year span, we’ve gone from paying $300/mo to $60/mo.

Every year, a new entrant in the market is willing to undercut the incumbent by 50% or more. Can grow crazy fast.. but easy come easy go.

[Austin @aylo]

Guess I’ll go back to getting my @AmericanAir Million Miler and switch to their card. Anyone know how to get a status challenge?

[Austin @aylo]

Welp, 2024 will be the last year I’m carrying both the @Delta and @AmericanExpress platinum.

https://t.co/F6ldu6mpfU

[Austin @aylo]

If the plan was to encourage card spend, my guess is this will massively backfire. Rollover MQM conversion is also at egregious rates. Airline business model no longer values ~70k mi butt in seat guys like me.

[Austin @aylo]

@Struhl @nihalmehta @elizabeth @HarryStebbings @JesseItzler 2nd Strava.

Not perfect especially when I’m areas where people don’t run by that often (ie if you start from a gated community) but just look for the dark traces on the map and start the route search from there.

[Austin @aylo]

@HarryStebbings 3:15 PR. Training for 3:00.

Before:
1:00: coffee
0:45: Plain pasta with olive oil and salt.
0:20: first gel

During:
Gu Roctane every 3.5-4mi
Saltstick tablet every 2

After:
At least 3L of water until system is flushed.
Bone broth, mix of low/high GI carbs, eggs.

[Austin @aylo]

@omooretweets Isn’t this just a reflection of our offline behavior?

Many people consciously engage in activities with the stated goal of “finding a date”

Far fewer go with a stated goal of “making a friend”— instead, we “engage with our neighbors” or “find events that were interested in”

[Austin @aylo]

It baffles me that people in LA will scream bloody murder over Bob Iger’s salary and be ok with Rui Hachimura signing with the Lakers for 3y / $51 million…

[Willa Tellekson-Flash @willactf]

the new york running community is electric. raced 6 miles through the streets of downtown manhattan at 2 AM today alongside nearly 200 other runners, and am confident that it's one of the coolest things i've ever gotten to do.

s/o to @OrchStRnnrs for organizing the adventure

[Nate Smoyer 🏡 @NateSmoyer]

A new podcast interview just in time for your weekend.

Thanks @aylo for coming on the show to share about Peek.

Excited to see how y'all leverage your unique data for AI inputs in the future!

[Austin @aylo]

@stripe Sigma is the one tool that really could benefit from GPT

[Austin @aylo]

@alexisohanian Yep-- thats the power of a balance sheet of reasonably liquid/well understood assets (unlike 2008).

This was a liquidity crisis. Fed will not have to chip in much if at all after zeroing out equity/bondholders, selling off other parts of the business

[Austin @aylo]

@kylemccollom You forgot TreasuryDirect.

Only counterparty risk is the US govt. up to $10m in each maturity of T bills and bonds.

Can be as short as 4 weeks and has auto-reinvestment option.

Too bad they don’t have an API..

[Austin @aylo]

@adamscochran @garrytan Which payroll providers are affected? Rippling sent out email to all customers saying that they will be able to operate through JPM

[Austin @aylo]

My new conspiracy theory is that the junk spam calls are trying to grab enough voice samples of me to deepfake my voice to steal my identity.

[Austin @aylo]

@GrandTokamak Same experience here with cap table management software as well as SOC2.

Commoditized offering. Ease of onboarding becomes a zeroing of switching costs.

[Austin @aylo]

The product of everything: On labeling and permenance https://t.co/oPfakQURSK

[Austin @aylo]

The product of everything: Where are all of the airport maps? https://t.co/fZBzcjjfnn