@refsrc Well, for Meesho, the data is public. 2 orders per quarter @ 250 ASP and 5% CM is 25 Rs per quarter. Assuming 30% retention, it is Rs 7.5 per quarter per acquired customer. Payback ~ 6-10 years.
@nikitabier@mcuban It improved, but it is still very poor. Elon Musk is boosted everywhere. Lots of repeated content, TikTok-style videos for engagement farming. It's not the same product it was pre-acquisition. I like that the left bias has evaporated, but the product, apart from that, is inferior
“Wolves infected with a parasite that commonly infects cats were 46 times more likely to become pack leaders and 11 times more likely to start a new pack…
“The parasite, Toxoplasma gondii, makes its hosts bold — a mechanism that increases its survival.”
https://t.co/8qFE1NV2fK
When identical twins are reared apart, we often talk about just how similar they are in qualitative terms, with wacky stories about stuff like a shared sense of humor or life milestones.
But I like numbers, so here are the IQ differences between twins reared apart versus randoms
“Only hire A players”
is comically useless VC advice for 99% of founders
Some practical hiring strategies for actually getting your business off the ground (🧵):
No, no one has built a wormhole with quantum computers. No, that's totally not a thing. No, no one knows how to do it, no matter how many press releases try to tell you otherwise. And no, I'm not going to link to the damn thing because that'd just make it worse.
We don’t choose our gifts. They choose us.
A mark of maturity is surrendering to the person you actually are instead of the one you wish you were. Most people never get such clarity, and they’re stunted for life.
The decision to surrender to your gifts is more painful than you’d think. You can’t really choose what you’re able to be excellent at because nobody has a say over the hand that nature deals. (Unfortunately, I’ll never become a professional golfer.)
Instead, if you’re going to be world-class, you have to align yourself with your fingerprint. In our insanely competitive world, surrendering to your talents is your only chance at becoming world-class at what you do.
I think less than 10% of people ever surrender to who they really are. They spend their whole lives trying to fulfill a fake and manufactured image. And so, they get trapped in hollow careers and meaningless pursuits where they’re forced to be somebody they’re not — the stuff of a cold and haunting misery.
Surrender is terrifying at first. It comes with a loss of control. Chances are, you’ll disappoint your parents, teachers, and probably even yourself. If you’re doing it right, you may even pursue low-status projects. Hate to break it to you, but the vision you've always had for your future also won’t come true because that vision was predicated on the person you wish you were, not the person you actually are.
What feels like the death of your dreams is actually the birth of something much more profound.
There's ease on the other side of surrender.
The flow of effortlessness is waiting for the alignment of your mind, body, and spirit — when you’re simultaneously surprising yourself and doing everything that would’ve made your 8-year-old self proud.
@bfcarlson Seeing it with my 20 month old son. Out on a walk he would constantly find everything that he knows the name of, even when they are extremely hard to spot for us.