Sublime
An inspiration engine for ideas
Didn’t take convincing, just asking with intention.
Here are the notes I sent.
(Narrator: everyone was interested in that.) https://t.co/rQZ9EvvO9w
What does retiring at Gumroad look like?
(Available for product designers, software engineers, and customer support people at the moment only)
- Get paid hourly ($125-$200/hr)
- Choose your equity split (0-80%)
- Get paid to exercise (= 409a price)
-... See more
Sahil Lavingiax.com
A CFO recently recommended we read DoorDash’s shareholder letters for a simple articulation of their capital allocation strategy and it’s now obvious to me why: this is such a user friendly way of explaining R&D investment in software and internet companies. Summary/notes: (1/) https://t.co/JzAvJBXCDE
Todd: “Warren, I have a new company that likely clears our hurdle. We used to own it back in 2011. We made a quick 50% on the stock. It’s Dollar General.”
Buffett: … https://t.co/6j16vwZKmk
Investment Principles.pdf
drive.google.com
PRIVATE COMPANY DIVIDENDS
This is one of my favorite annual emails, from a private software company that is CF positive and issues a yearly shareholder dividend. At this point, I've recovered a nice multiple of my original investment, all through these dividends over the past few... See more
Years ago when my wife and I we were planning to buy our home, my dad stunned me with a quick mental calculation of loan payments. I asked him how - he said he'd learned the strange formula for compound interest from his father, who was a merchant in 19th century Iran.
🧵 1/4 https://t.co/b09pOp8AYK