long-term thinking

The idea in my head vs the first draft

It took 4.5 years and ~$1bn raised for OpenAI to launch GPT-3, which was their first PMF product. That breaks every “rule” in the startup world, around mvp and being capital light pre-pmf. Goes to show you that you have to define your own rules to get outsized success.

We have a 50 year roadmap. https://t.co/cwKrFt3CFI

sometimes people ask something like “do you think this could work?” and I sorta waffle around on it but I realize my truer answer is something like: it’ll probably work IF *you* believe it will work and *you* commit to making it work for 7+ years

The great thing about achieving small things is that you know the big things are just as achievable, they just take more time.

Play the long game. People really underestimate **just how early** @joerogan was to podcasting. 2004 - Term "podcasting" is coined (ipod + broadcasting) 2005 - iTunes starts supporting podcasts 2009 - @joerogan starts his podcast 2012 - Apple launches standalone mobile app… Show more

"the gradual + slow build of something beautiful and substantial interests me more than suddenly giving into what feels convenient or pleasurable in one slice of a moment in time" https://t.co/SyooBOYZ4p

Figma had $0 in revenue for 4 years. Completely breaks the “rush something to market and start charging immediately” mindset that most try to adapt. And it resulted in the largest acquisition of a private software company (ever) https://t.co/YLGBR9hJe0

MuleSoft, acquired for $6.5B in 2018: - Took 6 years to reach $10M revenue - Revenue grew less than 100% every year except 1 - Burned $7M to go from $110M to $188M revenue - Burned $4M to go from $188M to $297M revenue Efficient growth is highly valued in enterprise software.

"Move fast and break things" is outdated advice for startups. Software ate the world—and there's more competition than ever. Our startup learned the hard way to ignore this advice, and this is what happened: