Rob Walling

Helping SaaS founders for 16 years via @startupspod. Educating and investing in startups through @microconf and @tinyseedfund. Wrote

[Rob Walling @robwalling]

The TinySeed Millionaire Rate is 43%.

Definition: Of @tinyseedfund companies no longer in operation (sold OR shut down), 43% of those founders are now millionaires.💰

This % will obviously change over time. It's still early, and the numbers are still small (~2% of companies have shut down. ~4% have sold).

But this is yet another reminder of how resilient and insanely valuable SaaS companies are.

Personally, I find this number incredible. Much higher than I would have expected, and it brings me nothing but joy knowing the lives that have been changed through entrepreneurship.

(cc @einarvollset)

[Rob Walling @robwalling]

@jordanmriddle Solved one problem, created a new one.

[Rob Walling @robwalling]

Remember when locking your keys in your car was a thing?

Like, a real problem. You’d have to call someone, wait around, and pay a bunch of money to get back into your own car.

Then one day, technology just… solved it.

No fanfare. No celebration. We all just stopped locking our keys in our cars.

(Yes, assuming you have a reasonably modern car with a key fob. Don’t @ me with your 2003 Corolla.)

[Einar Vollset 🇳🇴🇺🇸 @einarvollset]

If you have a SaaS above $2M ARR, I can make a market for you.

Email me: [email protected]

[Rob Walling @robwalling]

@einarvollset Oh fuck, I want that so bad. I just want to park it in my suburban Minneapolis driveway.

[Rob Walling @robwalling]

@asmartbear Thank you, sir!

[Rob Walling @robwalling]

@rossSpeak 🤙🏻

[Rob Walling @robwalling]

@JordBHansen ❤️

[Rob Walling @robwalling]

Seven million views is a difficult number to comprehend.

So I think about it differently: millions of moments when a founder was wrestling with a hard decision, trying to grow their company, or wondering whether to keep going, and trusted me enough to listen.

That means far more to me than the number itself.

[Rob Walling @robwalling]

@elvissun @nikpolale Microconf is in Iceland next week. Microconf is in Austin, Texas next April.

[Rob Walling @robwalling]

@nikpolale 🤜🤛

[Rob Walling @robwalling]

@joshmanders Woof 👎

[Rob Walling @robwalling]

@dostlund 😑😑

[Rob Walling @robwalling]

@benwmaddox Sell it immediately!

How is that even possible in a newer car?

[Rob Walling @robwalling]

@LittleMac1662 Thanks 😊

[Rob Walling @robwalling]

@lkr Same.

When I want to create wealth I start a company / build a product. Which is so much work (as you know).

When I want to grow wealth I put it into index funds and ignore it.

[Rob Walling @robwalling]

I just interviewed Steve Blank for @startupspod. We focused on how AI is causing founders to build more while learning less.

One line that stuck with me about founders building too much, too quickly due to vibe coding: “Polished deliverables hid shallow assumptions.”

You can't just build because it's fast and easy. You need to be learning and checking your assumptions before (and while) building.

His famous quote, “There are no facts inside the building,” is as true today as ever.

This episode will be out in a couple weeks.

[Rob Walling @robwalling]

@petersuhm @nikstep 🙌🏻🙌🏻

[Rob Walling @robwalling]

@chrisegg 🤜🤛

[Rob Walling @robwalling]

@lkr @michaelkoper 🤜🤛