Numbers on the right hand side bubble are probably wrong. VC firm websites have a success bias.
Also to get the point across, should have ranked this by percentage of woman founder portfolios, vs ranking them with total number of companies funded
Dear founders,
This is your periodic reminder that all a journalist is looking for is a story. That’s their long term incentive.
No this is not inspired by Harshad Mehta’s Documentary.
This is inspired by today’s article by Morning Context.
For every expert post written by people who are not experts but talented in curation, we need a @prasanna_says :)
(PS: Nothing against curators. I love what @zatakia does and have learnt a fair bit from his tweets. But just get cringed whenever I read oversimplification)
@zatakia They built a prod with incredibly low costs - no storage, near zero compute, super small team
They decided they'd never screw privacy with ad rev
They knew that $1/yr was enough for them to run this for a very long time
Saying they didn't focus on revenue is only half the story
@sumanthr Touched by the naivete that you are in 2020, and you believe that “desi” fighting a foreign “monopoly” is naive.
But then skepticism is easy. Especially on twitter. :)
So the real ‘helpful’ people are launching their own funds.
Interesting. Can see clearly why VCs are mad.
Future: entrepreneurs funding entrepreneurs.
@shl @CindyBiSV @vcstarterkit@naval
@ponnappa Haha, we have been teaching fantasies as fact since thousands of years. It’s called religion.
So many similarities in this Harry Potter post and what we anyway do as a society 🤭
@jasonfried@tobins Not working for whom? Clearly it seems it is working for them
Let’s say, hypothetically, Apple raised their fee to 40%. Only negotiate if you make more than 100k. How many developers would stop developing for the App Store?
Just feel they have too loyal a userbase to not care.
What is the insight behind gems in CRED?
I would never send a message to friends to earn gems, but clearly many people are doing it since they keep doubling down.
What am I missing? Looking to learn.
@kunalb11@harish_io
@awilkinson Unfortunately in the hindsight, we often miss that Insta and WhatsApp founders were just happy making amazing products.
Vision is so important, and w/o FB’s vision, we would not know what the story would look like.
Same goes for Spotify’s vision ve Joe’s vision.
@awilkinson We will never know if Kevin got ripped off or made the fortune of his life
FB knows how to scale businesses and make ad money. Snap turned down FB, FB scaled Insta stories.