Building 0-1
Turns out no amount of fundraising, press, buzz, amazing employees, and/or cool tech guarantees you product market fit.
Michael Seibelx.comI think the mistake too many entrepreneurs make is they start companies assuming they have scale. We’ve seen no scale, we’ve seen hyperscale, and what we realized was what we have to do is we have to start with that utility and the best networks. I didn’t realize Chris wrote that post, but I should maybe in the back of my mind that’s what I was... See more
Ben Thompson • An Interview with Kevin Systrom and Mike Krieger About Artifact
Second-Time Founder Anxiety
ryanhoover.me
Non consensus approaches to picking businesses
Non consensus and right
hypothesis:
1. work feels bad (unmotivating, boring, hard) when we lack of focus
2. focus is upstream of energy, flow, fulfillment, progress, feedback loops
what's upstream of focus?
attention (presence) paired w/ agency (when our... See more
Jackson Dahltwitter.comWe are unlikely to be able to sell “a group chat system” very well: there are just not enough people shopping for group chat system (and, as pointed out elsewhere, our current fax machine works fine).
That’s why what we’re selling is organizational transformation
That’s why what we’re selling is organizational transformation
There is no heaven for newthings. There is no Hall of Fame. There is only memory and change. Nothing (the opposite of newthing) and no one are immune.
The goal of newthing is to live as long as possible while staying true. The longer it does this, the stronger and more itself it will become.
The goal of newthing is to live as long as possible while staying true. The longer it does this, the stronger and more itself it will become.
The future is self-employed
New businesses formed in the US 🚀
2019: 3.5 million
2020: 4.4 million
2021: 5.4 million
2022: 5.1 million
Only about 1/3rd of the applications filed in 2021 are for businesses deemed likely... See more
KPtwitter.com
💡 30 Ideas as we wrap @beondeck's 19th Cohort 💡
Here are 30 ideas about founders, startups, San Francisco, sales, fundraising, and more taken from the second half of the program — sourced from fellows, guests, and me (blame me for the ones you disagree with most vehemently… Show more