Do you, like me, meet people in SF and think “This guy could be a character on Silicon Valley the show! Someone needs to make the sequel!”
Well some of my friends are making it, and I couldn’t be more excited.
we spent the last four years reimagining what finance can be, unburdened by what has been.
runway makes clear the significance of the passage of time in the context of all in which your business lives and what came before you.
this is the result 👇
I had a chat last night with a billion-dollar SaaS founder/CEO. He's raised $200M at a $2B valuation in 2021.
Living the high life in SF with a crazy house and a Porsche 911. On the surface, it seems like he has it all and living the dream.
But he called me out of the blue at 11p last night to vent.
It’s been 9 years since he started the company although people think it's overnight success.
Last two years have been brutal.
He’s sprinting to profitability. Layoffs. Now navigating the AI landscape.
He goes: “I hope we can compete in an OpenAI world”
I could practically hear his uncertainty crackling through the phone.
Four years ago, he had a full head of blonde hair. Today, it’s mostly gray. He looks like Obama post-presidency.
Then he dropped the bombshell, “I’m running a zombie company. I don’t know if we’ll ever IPO. Hopefully, we sell, and I get a 1-3x return for investors. I feel stuck.”
This is the dirty secret of Silicon Valley.
So many founders are trapped in the hype cycle, drowning in VC money but feeling like teenage toddlers trying to figure it out.
I've been stuck before. I've been on this treadmill before.
Sometimes you get unstuck, find that killer product and before you know it you're Silicon Valley's darling again.
But most, time you're not. You're just treading water.
And then you wake-up, you're 45, no hair, no kids, only yearly trips to visits family and realized you could have made a more profitable career (and more fruitful life?) just doing your own thing.
Maybe you're happy. Because you gave it your best shot at "building something big". You wanted to become the next Mark Zuckerberg.
But maybe you aren't. Maybe you realize that you can build something big on your own. No investors. Or join something early that isnt on the VC-train.
He called because he’s desperate for a new direction. Profitable, indie startups.
I keep getting these calls.
The air is thick with anxiety.
The unicorn dream is cracking, and people are waking up.
@calebbuening That’s a whole other ball of wax! I’ve worn people about using high dose Ashwaghanda for long periods of time— and some people may not be able to take it at all. Sourcing matters! And duration!
I was recently invited to speak at @TheFoundrySF on startup negotiations.
It’s amazing to think how much founders negotiate in startups, often without even realizing it.
You might know about negotiations with cofounders, investors, potential employees, consultants, advisors, you should even negotiate with your lawyers (lawyer fees are some of your biggest expenses!), & if you’re lucky, you're negotiating your merger/acquisition deal.
But you’re also negotiating on the day to day with direct reports, design partners, vendors, customers, & more.
My 1st rec is to form your negotiation strategy. And for that, you need to get crystal clear with yourself on your priorities for each scenario.
If you’re a founder, download a free negotiations resource on my website https://t.co/Y3ttLsnewy.
Thank you @colo, @DablClub, @Polygon, @chainlink, @Hadronfc for having me!
1/8 This week we celebrated the 1-year anniversary of https://t.co/09ayAMiaJw, my startup that offers online classes & 1:1 consulting to help people negotiate job offers or B2B deals.
brilliant idea: if vc's hired the twitter sleuths that cracked the kate middleton photoshop debacle to do due diligence on their investments, we'd never have a ftx / theranos scandal ever again
NEW podcast episode is up!
Seth Godin — Coaching Tim on Overcoming Resistance, Lessons from Isaac Asimov, Writing Secrets After 8,500+ Daily Blog Posts, The Dangers of Authenticity, Practices for Consistency, and Much More
Please enjoy! 🙌
Unmanaged stress is detrimental to happiness, sleep and overall health.
2 science supported solutions:
1) Real time stress control:
Physiological sigh (deep vigorous inhale through your nose until lungs are full, then sneak in a bit more air with another sharp inhale, then exhale until your lungs are empty).
2) Raise your stress threshold:
Use (safe!) deliberate cold exposure or any other reliable way to safely & quickly increase your adrenaline levels, while also controlling your mental focus. This takes practice but you’ll progress quickly.
The path to one’s best career and contributions to humanity is often non-linear & the “detours” serve a key role. Dr EJ Chichilnisky of @Stanford@StanfordMed - a world class neuroscientist who is working to cure blindness with biologically informed artificial eyes, explains: