Spencer Lee

[Navalism @NavalismHQ]

"If you can't see yourself working with someone for life, don't work with them for a day."

@naval

[Startup Archive @StartupArchive_]

Naval Ravikant explains the importance of hiring high-agency people

“[Hire] people who just solve problems without even being asked to solve the problem—they identify the problem, they go solve it, they don’t even necessarily have to update you every step of the way, they’re not asking silly questions, and they’re just coming up with solutions. Because building a startup is an infinite set of problems that are being thrown at you.”

Video Source: @AngelList

[gaut @0xgaut]

if your CFO is using a macbook i have bad news for you

[Jeremy Lin @JLin7]

The Toronto game winner might be my favorite shot Ive ever taken. What a night to remember.

Its been so fun celebrating the Linsanity 10 year anniversary. Miracles can still happen.

https://t.co/VOujFbhYkc

[Spencer Lee @spencerlee47]

We are at the stage in the cycle when pre-revenue companies ask for Big4 Audit referrals to prep to go public.

[Dalton Caldwell @daltonc]

Newton's first law of customer acquisition: throwing money at something that is not at all working tends to not make it suddenly start working.

[Spencer Lee @spencerlee47]

@BusinessInsider @hblodget What are the tax laws on barter? Isn’t this just an equal exchange of assets?

[Spencer Lee @spencerlee47]

Tried something new today. $HIMS

[Spencer Lee @spencerlee47]

I'd like to apologize to my fellow @SagehenAlumni for the impact my income had in dropping us to #10 on this list. https://t.co/HNw3eBsQut

[Spencer Lee @spencerlee47]

Came across a tech start-up with 33 employees (Founder replaced by CEO from a large retailer):
- 5 "C" levels
- 12 in HR, Finance, Legal
Yeah, all that should probably = 1

[Spencer Lee @spencerlee47]

Last month my credit card bill was $400 and included my cell phone bill and auto insurance. Outside of grocery my discretionary spending was $0.

[Spencer Lee @spencerlee47]

@samuelslee Other than rigorous recurring testing and isolation, none. Absent a cure, feels like we’re headed for a multi-year economic trough.

[Spencer Lee @spencerlee47]

@samuelslee Right, so 1/3 of the population in lock down for at least 9 more months. With the rest of doing the same? The implications are astounding...

[Spencer Lee @spencerlee47]

In 8 days companies will begin closing March books, then have to prepare revised rest-of-year guidance over the subsequent 3 weeks. It’s going to be tough.

[Spencer Lee @spencerlee47]

@sindap $sq market cap at ~$35B today. $pins has traded back up to ~$12B today. Early not the same thing as wrong.

[Spencer Lee @spencerlee47]

Welp, at least everyone will be in the office tomorrow. #KCwins

[Spencer Lee @spencerlee47]

I don’t think I’ve seen another brand state it as clearly and confidently as in these last 5 words.

[Spencer Lee @spencerlee47]

“The true measure of a man is how he treats someone who can do him absolutely no good.”

[Spencer Lee @spencerlee47]

When thinking of ways to improve margins:
- Average minds think about costs
- Smart minds thinks about revenues
- Exceptional minds think about customers

[Spencer Lee @spencerlee47]

NPS and LTV are 2 different ways to measure the same thing.