Fritz Lanman

CEO of Mindbody & ClassPass. Serial entrepreneur. Angel investor in Pinterest, Square, Wish and many other startups. Fmr MSFT Corp Strat

[Fritz Lanman @Fritzanity]

@mvanhorn @trevin Hey man come visit Montana sometime has been way too long. Did u consider hermes when you started clean? Why stay w oc

[True Ventures @trueventures]

It is with profound sadness that we share the news of Om Malik’s passing.

It’s difficult to state the impact that @om had on all of our lives at True.

Om was the first Founder we funded when we started True. In our Presidio office, Om discussed his idea for a new type of media company. That idea would later become GigaOm.

Om was a brilliant Founder, an amazing teammate and Partner at True, a prolific writer, a gifted photographer, and a sage and valuable advisor to so many in the technology ecosystem.

Om was brilliant, thoughtful, humorous, profoundly kind, and deeply curious. He was also relentless when he had an idea or story. Om was brave - he never shied away from sharing his views or pushing for the truth.

We were very, very lucky to call Om our Partner and friend at True for these last many years.

For today, we simply encourage you to take a moment to remember this beautiful soul and great thinker who was in our midst. He would ask us to slow down a bit. Om would want us to think deeper, express our love for one another a lot more.

Above all else, Om wanted us all to retain our humanity and care for each other in our brilliant quest to rebuild the world.

We love you Om.

Team True

https://t.co/0fHDlkwcx6

[Alex Immerman @aleximm]

It’s hard to imagine how well things can go. Founders are the asset class.

[Fritz Lanman @Fritzanity]

@gerstenzang also this was cribbed from saving private ryan

[Fritz Lanman @Fritzanity]

"Video game death" is the metaphor we need ever more people to grok about startups as it helps the world's most capable people attempt things that don't make mathematical sense. Proud of Matt and our amazing ClassPass alumni doing so many amazing things for the world.

[Sam Gerstenzang @gerstenzang]

What’s the most impactful piece of advice you’ve received?
"When I was about to join Scale as the ~10th employee and first senior business hire, Fritz Lanman (CEO of ClassPass / MindBody) gave me the most practical advice for managing stress in an early-stage company:

just assume you’re already dead and you won’t be paralyzed by fear or stress!"

Another classic from @Fritzanity

via https://t.co/eVmkQu6CpE

[Fritz Lanman @Fritzanity]

@shervin Wow @shervin this aged well! Give the people (me) your next big public company call!

[Fritz Lanman @Fritzanity]

@shervin We got called morons for investing $240m @ $15b

[Fritz Lanman @Fritzanity]

McD’s about to learn about adverse selection!

[Hoops Crave @HoopsCrave]

McDonald’s is reportedly planning a Subscription Fry service, offering unlimited medium fries for $20 per month.

[Fritz Lanman @Fritzanity]

🎯

[Alfred Lin @Alfred_Lin]

In technology, the system of record tends to be where value concentrates.

Applications can be incredibly valuable. But the system of record owns the data, the workflow, and the distribution. That layer compounds.

Microsoft is a good example. People loved the applications, but it was the operating system that anchored everything.

Same in the cloud. Data centers aren’t just infrastructure. They function as the system of record for how compute is accessed.

Markets converge on a small number of defaults. If you become one of them, you’re in a different league.

Both layers matter. Just be clear which one you’re building.

[Fritz Lanman @Fritzanity]

This isn’t a moment for watered-down corporate PR about “lowering the temperature.” The killing of Alex Pretti was wrong. Protest - even rude, coordinated, instigated or legally armed protest - is protected in this country. Immigration enforcement does not require killing unarmed people. The officers who killed Alex should be brought to justice and ICE tactics must change. Full stop.

[Fritz Lanman @Fritzanity]

Too good. For the record my Mom and her Dad went to ND so I have some legit affiliation... Go ND!

[Under Armour @UnderArmour]

Answer Shane’s Prayer. Go Irish ☘️

[The New York Times @nytimes]

Voters in Montana approved a ballot amendment that enshrines a right to abortion in the State Constitution. Montana was one of 10 states with similar measures on the ballot this year. https://t.co/KF6m5NJJlf

[Fritz Lanman @Fritzanity]

This alone should be enough for everyone. Even before you get to protecting reproductive health, gay marriage, smarter foreign policy & even the economy and spending! (since WWII D admins have seen more econ growth & R admins have driven 60% of growth in nat debt - at best both parties spend too much).

[Paul Graham @paulg]

Democracy depends on the peaceful transfer of power. But Trump was willing to sacrifice even this principle after he lost in 2020. Trump did a lot of bad things, but this was the most dangerous. If elections stop working, you stop being a democracy.

[Fritz Lanman @Fritzanity]

One of @sama’s more underrated insights. Creativity is massively undervalued skill in founders (and tech leaders generally!)

[Startup Archive @StartupArchive_]

Sam Altman: “The good founders are people who have ideas all the time”

“You can give a founder an idea and they can start a company. The problem is they need to come up with new ideas for the company basically every week. You have to come up with crazy new ideas and big changes all the time.”

When Sam was at Y Combinator, they tried an experiment where they funded 20 teams of strong founders that didn’t have ideas but were otherwise really good. They all failed.

“What we learned is that the good founders are people who have ideas all the time. There’s an intelligence component to this. There’s a creativity component to this. There’s an ability to think independent thoughts component to this. But whatever you want to call this - this particular kind of intelligence that leads to seeing problems in different ways and thinking of ideas that don’t yet exist but should - you’ve got to have that in a founder.”

Video source: @ycombinator

[Fritz Lanman @Fritzanity]

@ashleymayer Great idea. I’m in for $1k thanks for the work on this. Getting young women voting to protect their rights matters more than my tax rate.

[Fritz Lanman @Fritzanity]

Building companies is hard. Taking two fitness brands through a “one in a hundred years” global pandemic is harder. Super proud of the teams for not just surviving but getting these businesses into great shape. Still feels like just the beginning.

[Reuters @Reuters]

Mindbody ClassPass to go public in 12-18 months, CEO says https://t.co/HUzkSTaQc2

[Fritz Lanman @Fritzanity]

@BLADT @BradleyWhitford @AllisonBJanney @eldersheen @NellyMoloney Oh man, my tweet was well timed I guess. I like my episode a lot better…

[Fritz Lanman @Fritzanity]

The stage is set for the greatest real world episode of West Wing of all time... On the eve of the Democratic National Convention, one of the most accomplished American presidents in history, realizing he no longer has a path to victory, puts party and country before himself and gracefully drops out of the election. The Vice President, a gay former Mayor, a dynamo female governor and the former Presidents wife (!) are convinced to enter the race at the DNC. Through 24 hours of impassioned speeches, the Democratic Party selects its candidate. Engrossed by the drama, through the process America and even the world for this candidate as the next leader of the free world. The candidate wins in a landslide as she reminds the world that, while her opponent is favorable on crypto regulation and looked "badass" surviving an assassination attempt, he has tried to undermine our democracy, has no values nor ethics nor any real qualifications, boasts policies that reinforce the wealth gap and whose election would inhibit women's rights, gay marriage and likely lead to the dissolution of alliance (NATO) that has largely kept the world from it's 3rd global war for almost 100 yrs...

[Fritz Lanman @Fritzanity]

So proud of the engineering team at @mindbody for handling this Crowdstrike outage in 3 hours in the middle of the night. While most of the world continues to navigate this outage, we were back up at 619a PST. Outages suck but are inevitable, so having a platform (especially one that used to be very brittle) and team with this kind of resilience is essential. Hope everyone else navigates this ok.

[Barack Obama @BarackObama]

When Brian Wallach was diagnosed with ALS, he was given six months to live. @bsw5020 and @sabrevaya’s film, For Love & Life: No Ordinary Campaign, chronicles their incredible journey, and proves that all of us are far more powerful than we know. I hope you’ll watch it on Prime Video and get involved with their work to find a cure for ALS at https://t.co/qxjrxFwKtq.