patience

VC requirement for SaaS companies to scale to $10M ARR in record time is BS. UiPath: $500K 10 years in. Klaviyo: $1M ARR 3 years in. Lightspeed: $10M ARR 8 years in. It takes time to nail true customer love. Be patient, stay lean, remain super close to your customer.

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://rowanstreet.com/post/rowan-street-2023-year-end-letter... See more

If you’re going to do high-level creative work, you have to accept the messiness of your initial creations, knowing that excellence is born from the sisters of patience and iteration. The second you start condemning young and fragile ideas, you’re toast.

The founder of Pinterest on what surprised him the most when starting a company In the clip below, Ben Silbermann shares what surprised him the most in starting a company after reading about overnight startup successes like Facebook and Instagram: “It can take a really, really… Show more

If your startup made any progress this week it was a good week. Just do that for years and you’ll eventually be an overnight success.

"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

7.5 years of @AcquiredFM in one chart.

"Move fast and break things" is outdated advice for startups.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: