Insight from Patrick O'Shaughnessy podcast episode with the ...

Insight from Patrick O'Shaughnessy podcast episode with the Collison brothers: Software is this intersection between creative work and mechanical industrial work, which is why there's a lot of people who have tried to put $1 billion dollars into software but it hasn't resulted in high quality software. It's similar to Hollywood, where you can't just spend $500 million to make a good movie. The whole thing is pointless unless someone has a vision, taste, and judgment. And the hard thing is that it's hard to build robust processes on taste and judgment because there's something unquantifiable about those things.

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On the Tim Feriss show, Stripe co-founder Patrick Collison said “Just think of any big, major company … for whatever reason, they can’t turn capital into good software. And it would be immensely valuable for them if they could. But they can’t. Or at least, they don’t. And I don’t think it’s for lack of trying or lack of realizing this. And so I thi

Anthony Hobday • Blog

Taste Is Eating Silicon Valley.

Anu Atluru workingtheorys.com

Everyone’s software is good enough. Software used to be the weapon, now it’s just a tool.

In a world of scarcity, we treasure tools. In a world of abundance, we treasure taste. The barriers to entry are low, competition is fierce, and so much of the focus has shifted — from tech to distribution, and now, to something else too: taste. [2]

Taste is

Anu Atluru • Taste Is Eating Silicon Valley.

“This is something I was thinking about when I was interviewing Patrick. In some sense, when he started Stripe, payments was a super crowded industry. There’s PayPal, there’s obviously Visa, Mastercard. But, in another sense, there’s something strange in terms of domains you think of as crowded and totally competitive. There are usually totally obv... See more

I think that there has been a shift towards this very formulaic driven growth in enterprise software which is very unhealthy. There is a calculation of well here's my CAC, here's my LTV, here's my payback period, I'm ready to sell, let me hire 50 sales reps and let's push this into the market, and three years down the line all the assumptions that ... See more

Chetan Puttagunta • Go Slow to Go Fast: Software Building and Investing

And this also brings us to the why now and and why is this hard if this is the fully generalized form of digital documents, why didn't software start this way? I think a big part of it is just that it's hard. We talked about how it's hard to write a text editor, but what if you now need to write a text editor and image editor, a video editor and au... See more

Muse • Infinite canvases with Steve Ruiz // Metamuse podcast episode 59

We are in an age of noise.

The frameworks that got us here, of jobs-to-be-done or product-market fit, will be insufficient going forward. For founders to have extraordinary outcomes, they will have to find alpha in markets that aren’t easily understood.

Which is to say, technology alone won’t be enough. The other essential ingredient will be taste.... See more

Evan Armstrong • Want to Build? Technical Excellence Won’t Be Enough.