my best advice for bootstrappers? don’t be romantic about how you make money: transactions.
make a google analytics dashboard highlighting total transactions for the day. then make it the default on your browser. then do nothing but things that might move that number.
When an investor is naturally interested in a specific industry, is responsive, and has a positive - man it’s so great! To those great startup investors out there - thank you! Trust me - founders might not say it enough - but they love you.
I'll say it: there are too many investors and not enough founders/operators.
I'm glad there are now numerous smart investors and abundant capital. But we are in an operator drought, and we'd be better off if more investors got back into the game.
Unpopular opinion:. Data loss prevention programs have never been successful, and most of the products never get fully implemented
Data changes too quickly and companies don't staff adequately
People think startup founders know what they are doing. In reality...
We experiment until things work.
We hope no one notices our lack of expertise.
We're constantly searching for people who can do our tasks better than us.
Your quarterly reminder that Salesforce is now on a $24B+ revenue run rate. Analysts estimated the company’s TAM to be $10B at IPO. “The TAM is bigger than you think” is permanently the headline on my “Valuations” TED Talk…🚀☁️cnbc.com/2021/08/25/sal…U
I just posted "I bootstrapped 3 companies to millions in ARR, then switched gears: Over 11 years, WP Engine has raised $300M as a Unicorn with 1,100 employees and 170,000 customers. AmA!" on Reddit
We've been talking to a lot of users lately about how we can demystify the process of launching on Product Hunt.
We're improving the product flow as we speak, but in the meantime, here are some things you should know before your Product Hunt launch 🚀
Just wrapped up a report on employee security practices. Sneak preview:
- Taking docs from former employers is the norm
- Personal email accounts get added to work docs more often than not
- A large portion of former employees can access cloud docs even after leaving a company
Excited to share that we raised a $15m Series B led by Sands Capital!
We also had creators & celebs from the #paid network participate in the round—@murdabeatz_, The XO Crew, @jazlor1, @alenpalander, + more.
Here’s what this means for the future of @hashtagpaid👇
Once an investor has an idea or opinion in their head about your startup or category you are in, it’s nearly impossible to change their mind without irrefutable evidence. This is one of the most challenging aspects of raising money and communicating with investors.
API design is user experience.
An approval workflow in Slack is user experience.
A lead generation form on the marketing website is user experience.
User experience almost always starts outside the typical boundaries of a product UI.
That’s where your design also starts.
When I raised money for my first venture backed startup, a multi-time founder with several exits told me never to celebrate funding rounds or congratulate a startup when they raise money. She said it means that the bar for success is higher and that isn’t something to celebrate.
I like to fund & grow businesses. 👋🏻
I’ve invested in 1,000+ founders, started/failed a few biz & I’m currently bootstrapping to $40M annual rev (& beyond).
I’m starting a video podcast on business, investing & *real* tactics for both.
Hit reply, what do you want to know?