@the2ndfloorguy Interesting take. How are you measuring the return on these things. So far the investment/time is clear but I don’t see any analysis of the numerator? Second why would you need 50-70 hour investments for friendships to fizzle out. Is there a way to figure that out in 2-3 hours?
When I started first started spending time on SaS in 2018 and looked at the margins, I was shocked. Nothing deserves that margins and consumers ultimately bear the price.
The supply explosion will eat into the margins prioritize distribution even more
Just saw the claude code 4.6 release, mindblowing. One advantage startups had over incumbents was velocity. Now it means that incumbents can ship faster, if they have the will to do so). IMO Stronger incumbents will get stronger and the middle and bottom of the pack will die
100% agree! It takes 3-4 meetings to get to know someone.
You are always sampling a point in time so unless you have enough samples it’s hard to know anyone
There is incredible alpha in just grabbing coffee or lunch with people on a consistent basis
This could be with an ex coworker, current boss or manager, professional mentor, or even just an old friend
People open up more and they become much more willing to knock on doors for you after an in person interaction
This is also just as true when you are meeting someone for the first time.
Whenever possible, you should always try and meet face to face, instead of over Zoom
In the worst case, you end up spending 30 minutes eating lunch over a conversation that doesn’t go anywhere
In the best case, it could open up life changing opportunities that would have otherwise never landed on your lap
The risk reward is to tilted towards the upside
@fadnavismehul I did EE in IITB and I echo these thoughts. Getting a simple circuit printed was a whole exercise and took weeks. I quickly realised, this world is too slow and unless I went to US for Masters I will have to pick a different line of business for myself
For those of you following anything SaaS, you'll note there have been a lot of calls around 'saas is dead' lately. If you are wondering why, I wrote about this last yr here👇. This isn't just about saas but rather a 50yr macro CAPEX/OPEX cycle at play under the hood. : https://t.co/316VDsDJ9I
Jim Collins coached Jeff Bezos and Amazon.
He estimates only 3% of people have found their “Ikigai” or “Hedgehog.”
Here are 7 famous examples to help you find yours:
@airtelindia has the worst service ever. My number has no network and estimated time of resolution is 11th Sept. Their customer service keeps ping ponging between the store and call center. Way to!
@fadnavismehul You can get a code at the information center for wifi access without an OTP. But agree no need for OTPS in the first place in an airport setting
Kuku FM has just crossed 1Mn active paid subs. 27x in 12 months! We're now India's biggest audio subscription platform.
From 'India mein log pay nahi karte' to here it's been an amazing journey. 🔥🚀
On the way to becoming the go-to destination for aspirational Young India.
Like & RT to vote for our 2nd #MakeItAwards finalist, @withCOVERR – whose mission is to provide financial services customized for gig economy workers, empowering them to reach their highest earning potential. Learn more about them here: https://t.co/bAN9epCoOm @nyknicks
100% agree with this
Have already seen a pre demo day deal fall through as dilution for the founder has increased with the new YC deal ( $375k at MFN)
Smart strategy from YC to increase their shareholding and value capture
Today's tweet thread is about the ins and outs of the new @ycombinator deal.
What is it? How will it impact founders? How will it impact other investors?
Read on >>