don’t be discouraged

As a new founder, it’s tempting and often discouraging to compare your inside to another’s outside. Every other founder and company looks so well put together, whereas you are of course all too aware of your shortcomings and insecurities.

Because of how much we deify the great entrepreneurs of our time, we end up inevitably comparing our new company

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we are still so early you guys https://t.co/7ctTts400f

🎉 Today we hit $300K MRR 🎉 For 3 years, we were stuck at $2K MRR, and we were constantly burning cash with very little to show for it Now it's looking like we could hit $1M MRR by end of 2024 (and doing so profitably) Don't give up 🤠

In 2008, Airbnb sought $150,000 in funding for 10% of the company. They emailed 7 big investors. 5 sent back rejections. 2 others didn’t respond. 10% of Airbnb is now worth $7 billion.

Fun graphic on $META from the Rowan Street annual letter (a hedge fund that printed a 102.6% net return in 2023): Shows how non-linear the path to good returns can be and how conviction pays off. https://t.co/jWQGVSc7LS... See more

Rejection letter to U2’s Bono (1979):