Darby Sieben

CPO of Unbounce, CoFounder of Ampli Cashback App for RBC Ventures. Past VP@YP & President Mediative. 2 past exits as founder & multiple exits as investor.

[Ray Dalio @RayDalio]

https://t.co/tjmbT5ytUN

[Darby Sieben @darbysieben]

@michalmalewicz Calgary, Alberta

Nice prompt @michalmalewicz, thanks for the post

[Darby Sieben @darbysieben]

@jeffcanadamson @tobi 😬 that’s a worse case indeed

[Darby Sieben @darbysieben]

@harleyf The original PayBuddy mafia. They lost to the PayPal mafia.

[Darby Sieben @darbysieben]

@EricFriedman Unless you are author who writes books on hope, then it's a strategy. For the rest of us, I agree.

[Darby Sieben @darbysieben]

@Jason That was a great episode. You deserve the victory lap, nice call out. Which charity gets the winnings from the bet?

[Darby Sieben @darbysieben]

My latest post - Consistency, Discipline, And Data: What 30 Years Of Using Quicken Has Taught Me

https://t.co/OucNdmmkGi

[Darby Sieben @darbysieben]

The most important lesson I learned from a mentor

Never underestimate the importance of choosing the people you surround yourself with or the ones you ask for help.

Applies equally to business and personal life

It's a lead indicator of the future you will have.

[Darby Sieben @darbysieben]

💯👇

[tobi lutke @tobi]

We have to reverse this, Canada.

Ideally all of it.

[Darby Sieben @darbysieben]

Love this and agree friction is one of the biggest barriers to increasing demand. Solve for friction, expand a market.

[Startup Archive @StartupArchive_]

Tobi Lutke explains what the VCs who passed on Shopify got wrong

Tobi recounts pitching Shopify to VCs on Sand Hill Road a few years after founding Shopify.

Investors passed because they thought the addressable market was too small. At the time, there were about 40,000-50,000 online stores, and even if Shopify captured 50% of the market, that still wouldn’t be a venture-scale business.

When Tobi ran into the VC partner a few years ago, the partner asked Tobi what he missed (Shopify is valued at almost $100 billion today).

Tobi explained:

“You were actually correct, but what you didn’t realize was that Shopify was the solution to the very problem you identified. The reason there was only 40,000 online stores was because it was hard, expensive, and everyone who tried ran into all these brick walls of complexity, which Shopify, one after another, smoothed over and made simple to do.”

Tobi believes this is a common mistake:

“What a lot of free-market thinkers don’t understand is that between the demand and eventual supply lies friction. And I actually think that friction is probably the most potent force for shaping the planet that people just generally do not acknowledge… That was my theory when I turned my snowboard store into Shopify: there was a lot more people like me except there was too much friction which we needed to solve. And Shopify has proven out that every time we make the process simpler, there’s more consumption. At this point, we have a million merchants on Shopify, which is a mind-blowing number. So friction is a major component, and it’s something that software is uniquely good at reducing.”

Video Source: @danmartell

[Darby Sieben @darbysieben]

@gsterling Interesting. Gemini is still working on my end

[Darby Sieben @darbysieben]

Impressive group representing #albertatech 👇

[Alberta Innovates @ABInnovates]

👋 Hello, #Texas - #Alberta has landed!

Our @sxsw 2024 Alberta Delegation has arrived in Austin ready to make connections, foster deals and take in the conference's signature tech workshops and learning opportunities.

Learn more: https://t.co/i8ztHV5T9B

#AI2SXSW24 #SXSW2024

[Darby Sieben @darbysieben]

Words of Wisdom 👇 by Evan Nierman.

What does this really mean ...

Delegation = Leverage
Leverage = Performance
Performance = Results

Read his full post to get some specific actions taken by high performers.

https://t.co/IQAlwT5Vgu

[Darby Sieben @darbysieben]

😬 @Reuters When the picture and headline don’t match. Alberta does not have Sea Lions. #AlbertaEmergencyAlert

[Darby Sieben @darbysieben]

@byosko It varies. My mental model - start with mapping out the customer journey. Map that journey to metrics that have highest impact to revenue model. The key question - which metric allow for teams to connect their activity to results.

[Darby Sieben @darbysieben]

Great role for the person. Love this podcast. We need more All-In

[Chamath Palihapitiya @chamath]

We’ve decided to hire a CEO for All-In.

Old media is broken. Talking heads, selling ads, inciting anger, with one-sided discourse has become tiresome and is deeply damaging the social fabric.

We want to tackle this error and create a new kind of media and live events brand and business. We have an amazing start with passionate fans, tremendous reach, and credibility.

Now, we want to build out the All-In community and deliver more content, amazing live in-person experiences and events, and tools to support our active community. We need a CEO to help us achieve our goals. 

If you’d like to learn more and apply, you can do so here:

https://t.co/c0MMdB6YO1

[Darby Sieben @darbysieben]

One of my favourite quotes of all time 👉 “I think that, every time you see the words EBITDA, you should substitute the words "bullshit earnings.”

[Bill Ackman @BillAckman]

I have learned an enormous amount from Charlie Munger. These are some great excerpts of his wisdom.

[Darby Sieben @darbysieben]

I know nothing of the Turkish criminal legal system but I am curious on how the prosecutors would perceive this sentence. From the article they were asking for 40,000 years and the sentence was 11,196 years so is this considered a win or a loss?

https://t.co/HrvRXOdxyl

[Darby Sieben @darbysieben]

This is pretty telling. As a #Canadian I suspect our data might show a little more trust but likely is following the same trend as the US.

[Ray Dalio @RayDalio]

In my recent article in which I explored the declines in truth, trust, and the rule of law in the United States, I asked five questions to see what readers thought. I received more than 43,000 responses. The results are outlined here: https://t.co/VF4b9ss7dd

[Darby Sieben @darbysieben]

@byosko Momentum building. Shifting directions when wrong is easier that starting from a cold start. Keep moving and pivot as needed. The one advantage to clocks, they have no need to pivot 😉