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To build a Web company with $100 million in annual revenues*, you essentially need:
- 1,000 enterprise customers paying you $100k+ per year each; or
- 10,000 medium-sized companies paying you $10k+ per year each; or
- 100,000 small businesses paying you $1k+ per year each; or
- 1 million consumers or "prosumers" paying you $100+ per year each (or, in the case
Christoph Janz • Five ways to build a $100 million business
“If you were to go back to a library in 1820, the vast majority of those ideas would have been produced at least a decade before, or hundreds of years ago.” – David Perell
Anthony Pompliano • Writing for Leverage, Teenage Billionaires, The Problem with Mainstream Media, and More - David Perell on Off the Chain, Hosted By Anthony Pompliano • Podcast Notes
Sotonye Jack: The ‘institution’ of the internet has arisen at the same time that legacy sense-making institutions have struggled with errors and botched predictions... For the first time in history, the power to pursue truth and make up your own mind is backed by the decentralized sum of all human knowledge, which changes the game of expertise from... See more
future.a16z.com • 21 Experts on the Future of Expertise - Future
If you want to sell a product online, publish a game, or distribute a new app you built, you must pay a tax to one of several dominant aggregators. “Real estate” on the internet can therefore be much more competitive than it is in the physical world, where you pay a market-based rent, but foot traffic comes for free.
Alex Taussig • Firehose #190: 🎸 Creator equity. 🎸
I think that there has been a shift towards this very formulaic driven growth in enterprise software which is very unhealthy. There is a calculation of well here's my CAC, here's my LTV, here's my payback period, I'm ready to sell, let me hire 50 sales reps and let's push this into the market, and three years down the line all the assumptions that... See more
Chetan Puttagunta • Go Slow to Go Fast: Software Building and Investing
We’re not playing to win, we’re playing to play. And ultimately, playing is fun. Perfectionism gets in the way of fun. A more skillful goal might be to find comfort in the process. To make and put out successive works with ease.