Turns out no amount of fundraising, press, buzz, amazing employees, and/or cool tech guarantees you product market fit.

1/ Why AI is not going to replace programmers: When I was in college studying Computer Science in 2005, I was told that out-sourcing to India will remove the demand for programmers. It was a real fear! AI replacing coders, I think, it’s based on a similar misconception 🧵

There is no ideal pitch deck. The narrative depends on what you’re building—but I really like this one: 1. Vision for the world in 5 years 2. The novel wedge that will get you there 3. How you plan to distribute it 4. What could go wrong 5. What you’ll prove by the time you need… Show more

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 to hire employees Majority are self employed Source:… Show more

Here's a common startup situation. A team busts their ass for months building the first version of their product. It's almost done. Now a big question emerges -- how do you get the first people to use your product? Hmm... If you find yourself at this moment, then you are already… Show more

How to de-risk building a social network The components that have the most engineering scope tend to be wholly reusable—such as the friendfinder & invite system. The fastest way to arrive at an app that resonates is to run rapid experiments by only changing the interaction model

You and your ragtag team of engineers likely won’t be able to create something that is competitive with any big incumbent product. However, you can build features, seed content, and brand it in a way that is so obnoxiously relevant for a particular group of people that their… Show more

Americans are back on their entrepreneurial grind, after a 40-year decline in entrepreneurship. New business applications by year: 2019 3.5 million 2020 4.3 million 2021 5.4 million 2022 5.1 million

Startups often assume their better funded competitors are doing well, which leads to dogmatically chasing/copying #1 if you’re #2+ #2 tries to catch up to #1 by running the same way but faster. It’s often the case #1 is headed in the wrong direction, and now #2+ is too