Gimmicky isht like this is never a good sign
1/ Some signs to look for that suggest your startup equity won't be worth shit
(note: there are probably exceptions but generally, these will steer you right)
Gimmicky isht like this is never a good sign
That's ok at the early stages but eventually you gotta build some shit for customers
If you're bragging about your investors at Series B, C, the actual biz model is fundraising
This is co revenue / total raised
Esp problematic as companies get more mature
The best companies are machines at turning $ raised into revenue at some point
Bit more here https://t.co/xo0rNZ631n
Some SaaS revenue/raise ratios of cos (anonymized) who've raised in last 3 months.
— Anand Sanwal (@asanwal) November 30, 2018
Collaboration software = 0.25-0.37x
Research & data analytics = 0.28x
Biz Intelligence = 0.12x
Some comparison points
Domo pre-IPO = 0.16x
Tableau (at IPO) = 8.51x
Frothy out there or rational?
In 2020, they said they'd do $25M in revenue to a journalist
In 2021, tell other journo they did $15M in 2020 and are expecting $50M in 2021
Beware of team good at storytelling but who stink at actual delivery
Personal brand building founders trying to be 'gurus' are almost always a total dumpster fire
These folks aren't actually motivated by the problem they're solving. They just see an opportunity for a quick flip
They'll get bored when the momentum dies and then they'll pivot to web3
https://t.co/46NzVF6Gu5
10000%
— Anand Sanwal (@asanwal) January 28, 2022
There are going to be a ton of folks whose options are dead money cuz the 409a is very close to preferred share price AND the preferred share price is just too damn high
If joining a startup, heed this advice https://t.co/tuKcwGEvm8
https://t.co/VF2ySmZb7k
Your startup has more than 5 people
— Anand Sanwal (@asanwal) December 12, 2021
Here's 18 things you can do in 2022 to screw it up
Want your startup to end 2022 weaker than when you started?
Follow these tips
\U0001f9f5 (ya, I know)
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It was Ved Vyas who edited the eighteen thousand shlokas of Bhagwat. This book destroys all your sins. It has twelve parts which are like kalpvraksh.
In the first skandh, the importance of Vedvyas
and characters of Pandavas are described by the dialogues between Suutji and Shaunakji. Then there is the story of Parikshit.
Next there is a Brahm Narad dialogue describing the avtaar of Bhagwan. Then the characteristics of Puraan are mentioned.
It also discusses the evolution of universe.( https://t.co/2aK1AZSC79 )
Next is the portrayal of Vidur and his dialogue with Maitreyji. Then there is a mention of Creation of universe by Brahma and the preachings of Sankhya by Kapil Muni.
HOW LIFE EVOLVED IN THIS UNIVERSE AS PER OUR SCRIPTURES.
— Anshul Pandey (@Anshulspiritual) August 29, 2020
Well maximum of Living being are the Vansaj of Rishi Kashyap. I have tried to give stories from different-different Puran. So lets start.... pic.twitter.com/MrrTS4xORk
In the next section we find the portrayal of Sati, Dhruv, Pruthu, and the story of ancient King, Bahirshi.
In the next section we find the character of King Priyavrat and his sons, different types of loks in this universe, and description of Narak. ( https://t.co/gmDTkLktKS )
Thread on NARK(HELL) / \u0928\u0930\u094d\u0915
— Anshul Pandey (@Anshulspiritual) August 11, 2020
Well today i will take you to a journey where nobody wants to go i.e Nark. Hence beware of doing Adharma/Evil things. There are various mentions in Puranas about Nark, But my Thread is only as per Bhagwat puran(SS attached in below Thread)
1/8 pic.twitter.com/raHYWtB53Q
In the sixth part we find the portrayal of Ajaamil ( https://t.co/LdVSSNspa2 ), Daksh and the birth of Marudgans( https://t.co/tecNidVckj )
In the seventh section we find the story of Prahlad and the description of Varnashram dharma. This section is based on karma vaasna.
#THREAD
— Anshul Pandey (@Anshulspiritual) August 12, 2020
WHY PARENTS CHOOSE RELIGIOUS OR PARAMATMA'S NAMES FOR THEIR CHILDREN AND WHICH ARE THE EASIEST WAY TO WASH AWAY YOUR SINS.
Yesterday I had described the types of Naraka's and the Sin or Adharma for a person to be there.
1/8 pic.twitter.com/XjPB2hfnUC
Five billionaires share their top lessons on startups, life and entrepreneurship (1/10)
I interviewed 5 billionaires this week
— GREG ISENBERG (@gregisenberg) January 23, 2021
I asked them to share their lessons learned on startups, life and entrepreneurship:
Here's what they told me:
10 competitive advantages that will trump talent (2/10)
To outperform, you need serious competitive advantages.
— Sahil Bloom (@SahilBloom) March 20, 2021
But contrary to what you have been told, most of them don't require talent.
10 competitive advantages that you can start developing today:
Some harsh truths you probably don’t want to hear (3/10)
I\u2019ve gotten a lot of bad advice in my career and I see even more of it here on Twitter.
— Nick Huber (@sweatystartup) January 3, 2021
Time for a stiff drink and some truth you probably dont want to hear.
\U0001f447\U0001f447
10 significant lies you’re told about the world (4/10)
THREAD: 10 significant lies you're told about the world.
— Julian Shapiro (@Julian) January 9, 2021
On startups, writing, and your career: