Félix Malfait Profile Banner
Félix Malfait Profile
Félix Malfait

@_felx

1,293
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Statuses

building @twentycrm (YC S23 - Open Source). Previously Luckey (acquired by Airbnb).

Paris, France
Joined January 2008
Don't wanna be here? Send us removal request.
@_felx
Félix Malfait
5 months
looks like a trend is emerging 😁 what's your software stack? oh 20, 34, 77
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@_felx
Félix Malfait
11 months
Newfund blocked our startup’s sale to Airbnb over 'poor IRR' (it was well over 100%), making us pay €1M+ out of pocket to unblock the sale. Now they reach out to invest in @twentycrm . @Newfund Perhaps a better CRM would help you track founder relationships?
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@_felx
Félix Malfait
11 months
If you run an open source project, I highly recommend you apply to YC before the deadline in 2 weeks. If it was not for @daltonc and our group partners, we wouldn’t have even launched yet
@daltonc
Dalton Caldwell
1 year
Some of the open core companies I worked with in the @ycombinator S23 batch:
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@_felx
Félix Malfait
7 months
Really excited by @thomasdesfrancs 's design concepts. Some amazing features coming to @twentycrm in H1. This will be 100% Open Open Source, free to self-host and available on the cloud hosted version at a much lower price than the market.
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@_felx
Félix Malfait
8 months
@wtf_opensource @arthurfiorette @t3dotgg Some of our highest quality contributions are from India and Pakistan. Sure there are occasionally instances of bad faith from young developers but these nations are pushing open source forward more than any other :)
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@_felx
Félix Malfait
4 months
my last name "Malfait" unfortunately translates to "badly made" in French, which their sales tool's LLM somehow picked up
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@_felx
Félix Malfait
6 months
9 months since we started @twentycrm - nothing more motivating that receiving this kind of feedback 🥹
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@_felx
Félix Malfait
7 months
Enjoyed answering this question on HN! Open Source will bring the cost of CRM down
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@_felx
Félix Malfait
11 months
Investors’ toughest questions are easy to handle once you’ve been trained to face your dog’s look of disappointment
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@_felx
Félix Malfait
6 months
Request for startups | When we applied to @ycombinator last year they asked what other ideas we could have worked on. Would love to see some of those come to life! - better tooling for OSS self-hosting/deployment - better tooling for field-level encryption that doesn't break
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@_felx
Félix Malfait
9 months
2024 goal: less stargazing, more shipping. @jobenjada still some way to go to reach 👑 @peer_rich @didier_lopes
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@_felx
Félix Malfait
3 months
@jasonlk Best founders I’ve met are long-term optimists and short-term pessimists. Brutally honest about short-term flaws yet have an unwavering conviction that they will succeed which can be harder to distinguish from BS. I feel you can more easily detect BS artists based on how they get
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@_felx
Félix Malfait
7 months
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@_felx
Félix Malfait
6 months
$500M ARR in 5 years 🤯 - most impressive execution I have ever seen @Bouazizalex
@Bouazizalex
Alex Bouaziz
6 months
🎉 Deel is acquiring @PaySpace ! It’s a big deel, a significant infra investment. Means we can run native payroll in 50+ countries (!!) & supercharge + simplify global payroll for businesses. We also hit $500m ARR 🙏to our teams.
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@_felx
Félix Malfait
3 months
I think the most common mistake in today's AI excitement is thinking all software must become “AI-first”. Construction didn’t become “electricity-first” when electricity arrived. Paris didn’t need to be rebuilt. Haussmannian buildings and high-quality constructions evolved and
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@_felx
Félix Malfait
5 months
Received a deck this morning from a startup pitching itself as "European X" where X is a well-established US company. A few years ago US-copycats were probably 2/3rd of the startup scene in Paris. My previous co started this way and it did lead to some great companies (e.g.
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@_felx
Félix Malfait
4 months
@steventey @dubdotco the best solution to manage your printers 🖨️ - highly recommended!
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@_felx
Félix Malfait
11 months
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@_felx
Félix Malfait
6 months
One of the reasons I love to work on an open source product is that this is the kind of early adopters you get. Facing + solving the bug themselves. Not your average support chat question :)
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@_felx
Félix Malfait
6 months
Things we would do at the time: - proudly display W3C validator logo - loads of partnerships links in footer - in-app purchases were via paid phone calls (you'd call a number which would give you a secret code you'd type on the website) - hire professional "design slicers" that
@_felx
Félix Malfait
6 months
@McPizza0 Peak design when I was 12yo. I had a higher MRR with this website that we do with @twentycrm today. 50k+ members. Could raise a seed round at $10M post with those metrics in 2024 😂
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@_felx
Félix Malfait
6 months
If I ran corp dev for a big tech co looking to expand in an emerging segment, our strategy would be binary: buy the clear market leader at a high premium, or acqui-hire for a bargain. The middle ground is often a mess. Learned this firsthand as we sold our startup for $30M. We
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@_felx
Félix Malfait
11 months
At 14, I vowed to remain a silent observer on all social medias. But building an open source company and staying off Twitter feels like a chef avoiding the kitchen. Time to break the vow!
@_felx
Félix Malfait
17 years
I won't post anything on Twitter, I just suscribed to follow some people !
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@_felx
Félix Malfait
11 months
This morning my wife who’s breastfeeding our twins snatched my YC pen and declared "I make something people want. I’ve earned this pen!"
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@_felx
Félix Malfait
4 months
Guys Elon finally did it! Bot problem is solved. We’re just between real humans now
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@_felx
Félix Malfait
11 months
Aaaah the joys of Open Source 🥰
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@_felx
Félix Malfait
3 months
HN is still the best load testing service out there
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@_felx
Félix Malfait
3 months
Proof that dogs are the best babysitters
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@_felx
Félix Malfait
6 months
When I started web development we thought the future of design would be a rainbow of options for users with CSS not just a dark mode switch. HTML was for structure, CSS for the wild art. It was embodied by CSS Zen Garden which was 1 HTML file with hundreds of CSS outfits.
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@_felx
Félix Malfait
11 months
👋 If you're building this with a great team, I'd invest! Challenges: - OTAs won't open their API to randos so the open source part cannot cover channel management (that's your monetization path) - Backend complexity is harder than it looks, there is a big product surface just to
@peer_rich
Peer Richelsen — oss/acc
11 months
anyone knows?
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@_felx
Félix Malfait
8 months
@jdevalk @twentycrm @documenso Ouch sorry about that. We will fix it this week. We are both young projects (< 1yr old), it’s hard to move fast while maintaining stability but we will get there. And thanks for giving us a shot - we’ll do better next time!
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@_felx
Félix Malfait
7 months
@mattwensing Check @twentycrm , our bet is Open-source can solve the distribution problem! In 9 months with a product that’s still in alpha we’ve rallied thousands of supporters :)
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@_felx
Félix Malfait
6 months
@thdxr We went that path with @twentycrm (code is public). Probably 10x more work than going the traditional path so agree with your point, even though in our case it was worth it. We spent months building custom tooling to manage migrations across schemas. But now we’ve got something
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@_felx
Félix Malfait
11 months
This was one of the meeting rooms at Airbnb HQ in SF. Each room was unique and a world of its own. I’ll miss this office!
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@_felx
Félix Malfait
6 months
If software is the new fashion, then time for France to make a comeback 🇫🇷
@robjama
Robleh
6 months
We're in the era of modern software companies as lifestyle brands. We've passed the basic utility phase; now, it's about delivering an experience and forging an identity that resonates with the aspirations and values of your audience. UX has become a fashion statement, and
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@_felx
Félix Malfait
11 months
Brilliant move that's been overlooked. Elon slowly taking on Onlyfans' $6bn GMV. Doing with Twitter the opposite of what Yahoo did with Tumblr
@elonmusk
Elon Musk
11 months
Creators can now enable DMs from subscribers only. Being able to talk to your favorite creator is a great reason to subscribe!
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@_felx
Félix Malfait
8 months
Love this idea of "shrinking the market" - totally reflects the long-term impact we want to have with Twenty and Open Source. It's possible to ship a better product AND bring the prices down at the same time. R&D is ~15% of public saas co spend so not the limiting factor.
@avlok
avlok
8 months
AngelList’s game plan with cap tables is to shrink the market, not grow it. We shrink the market with a much better product at a much lower price. I think we can cut the market for cap table software in half, to start. Then, we will expand with innovative products that sit
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@_felx
Félix Malfait
10 months
@Benioff @salesforce @salesforcejobs "Hey researchers, Google invented Transformers and OpenAI ChatGPT, but who went and dropped $500k on a 60-second Vegas sphere ad first?"
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@_felx
Félix Malfait
7 months
Seeing a 10x traffic spike on Cloudflare 🤩 Going into the countries tab 🤨
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@_felx
Félix Malfait
3 months
Google trends for Exit Tax in France after Macron dissolved the National Assembly and the next prime minister is likely to come from far left or far right
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@_felx
Félix Malfait
7 months
@mfts0 @thomasdesfrancs @twentycrm Yes! No one has ever done it, a lot of backend work involved (which is completed already). Now need to do the frontend 🤓
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@_felx
Félix Malfait
6 months
@hnshah 100%. Same vision led us to start @twentycrm - we're focused on being the application layer on top of existing data, not being the data store. Can be self-hosted and will be able to read directly into your warehouse, no ETL needed.
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@_felx
Félix Malfait
11 months
TIL that France incentivizes hiring new doctors post-PhD by having the state cover 120% of their salary for the first 2 years. And here I thought the appeal for Paris from AI companies was about cuisine and lifestyle
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@_felx
Félix Malfait
11 months
New bank trend: free Barry’s subscription
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@_felx
Félix Malfait
5 months
@Faraaz98 A conscious choice! @NotionHQ was the trendsetter - their UX inspired a generation of SaaS product, including ours
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@_felx
Félix Malfait
8 months
@forgebitz @IronBrands16 @twentycrm @calcom yes color is only for the bourgeois, OSS is communism
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@_felx
Félix Malfait
9 months
Nice Hacktoberfest perf @formbricks 🙌
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@_felx
Félix Malfait
4 months
@jasonlk I made the same mistake buying Shopify a couple years ago thinking they had crazy margins when it was actually linked to a change in their Affirm position. Still ended up well though - and margins remain healthy here!
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@_felx
Félix Malfait
11 months
@andreasklinger Betting on @golda for the upcoming generation ( @OSSCapital and some others great ones are too big to qualify already)
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@_felx
Félix Malfait
7 months
@ElTimuro @documenso Custom fields 🤞🚀
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@_felx
Félix Malfait
11 months
@peer_rich @twentycrm @Newfund Spot on, I should have known
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@_felx
Félix Malfait
6 months
@andreasklinger @ycombinator My favorite part was seeing "Commercial Open Source Software" next to "A way to End Cancer". 🫡
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@_felx
Félix Malfait
4 months
@heyandras One of my favorites from our HN launch 🤷‍♂️ (to be frank HN gets bad press for this but the overwhelming majority was positive and very constructive)
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@_felx
Félix Malfait
4 months
@twentycrm It logged @ycombinator Batch events / OH automatically, makes me nostalgic 🥹
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@_felx
Félix Malfait
7 months
@AravSrinivas @GergelyOrosz Naive question but what is so specific about Cuda or H100 that can’t be replicated?
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@_felx
Félix Malfait
6 months
@thdxr @twentycrm * we did 1 schema per workspace not 1db per workspace
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@_felx
Félix Malfait
6 months
@McPizza0 Peak design when I was 12yo. I had a higher MRR with this website that we do with @twentycrm today. 50k+ members. Could raise a seed round at $10M post with those metrics in 2024 😂
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@_felx
Félix Malfait
9 months
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@_felx
Félix Malfait
8 months
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@_felx
Félix Malfait
6 months
@karrisaarinen @andrea_fanelli @Airbnb I feel like the culture changed again after Covid. Focus on fewer things, big CEO-driven initiatives only - with multiple design reviews for each, bi-yearly release cycle. Became much more like Apple, much less like Booking/Amazon.
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@_felx
Félix Malfait
7 months
@thibaultleouay @mxkaske We loved Linear but sticked to GitHub for the same reason (greater transparency / community members and core team all have access to the same information). Also why we use Discord and not Slack internally
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@_felx
Félix Malfait
11 months
@LukeHarries_ @daltonc We stopped caring about the "brand" and got a few batchmates as our first users ( @langdock_hq ❤️). There’s still a long road ahead to get to the product we want to have, but iterating is so much easier when you do it in public. Admittedly, launching on HN was intimidating, but
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@_felx
Félix Malfait
7 months
Seriously in love with @Cloudflare - paying 8$/month and getting this level of pro-active support. Best value you can get in Cloud
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@_felx
Félix Malfait
17 years
I won't post anything on Twitter, I just suscribed to follow some people !
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@_felx
Félix Malfait
3 months
@nevodavid summoning the Github trend expert! Any idea why this didn't make us trend? It usually did (+250 stars in 24 hours)
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@_felx
Félix Malfait
6 months
@markoa @McPizza0 @JosephJacks_ @twentycrm @UnInbox @planepowers Is it the A in AGPL that's bothering you? Because Wordpress is GPL and it didn't stop people from self-hosting - while there was already this notion of 'derivative work' on GPL v2. We definitely want to encourage self-hosting, not block it!
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@_felx
Félix Malfait
5 months
@andreasklinger nice 3-letter .com domain 🤩
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@_felx
Félix Malfait
8 months
@phareall @mitchdeg Je trouve plus arrogant @mitchdeg ton post devant 5000+ personnes que le mail initial de Raphaël. Bravo @phareall pour Luko dont j'ai été client satisfait pendant des années - et avec toi pour la suite !
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@_felx
Félix Malfait
11 months
@jobenjada @formbricks would love to collaborate with @twentycrm !
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@_felx
Félix Malfait
4 months
@McPizza0 Setup a cron that runs every minute and checks records where unsnoozeAt < now to reset them to null. That’d be the most basic implem but you might want something a little more elaborate (e.g. use a separate table instead of a column, to maintain snooze history)
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@_felx
Félix Malfait
9 months
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@_felx
Félix Malfait
7 months
@McPizza0 @thomasdesfrancs @twentycrm @thomasdesfrancs is the 🐐! We’ll open source our UI lib in a couple months so people can reuse it to build their own software (maybe even @UnInbox one day 😁)
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@_felx
Félix Malfait
8 months
@wuweiweiwu @handotdev @twentycrm Attio’s a great choice and one of the few players that’s truly moving this industry forward - we have a lot of respect for them. Our approach is to bet on open source - if we are successful the community will create and capture at least 10x more value than we do. It’s a different
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@_felx
Félix Malfait
7 months
@nikitabier Oh no! Another fallen B2C soldier soon pledging allegiance to SaaS like every repeat founder
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@_felx
Félix Malfait
6 months
@thibaultleouay just don't use a sankey diagram at work
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@_felx
Félix Malfait
5 months
@uchiuchibeke @revertdotdev is currently working an in-product tool to do this for us and others. While they’re working on it we can do it manually - feel free to book if you want to chat!
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@_felx
Félix Malfait
7 months
@jonathimer Love the conclusion but man the methodology 😂. They use lines of code as a proxy for value. Also fun how they try to make simple things look more complex. An API? No no, it's a Representation State Transfer Application Programming Interface.
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@_felx
Félix Malfait
9 months
@steventey @dubdotco @calcom Nice! "Dub inc" will sound familiar to French users as it was a popular reggae band :)
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@_felx
Félix Malfait
3 months
@PacifiqueLinja1 @twentycrm Credits goes to @charlesbochet and team! It’s only a start - still a lot of foundational work ahead of us. Thanks for your contributions @PacifiqueLinja1 🙌
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@_felx
Félix Malfait
9 months
@qronoya @kenfoody @johnrushx @twentycrm Thanks @qronoya ! Yes still a long way to get to feature parity with the big CRMs but we'll get there for sure. We are already more than 100 contributors working on this — there needs to be something better/cheaper than SF.
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@_felx
Félix Malfait
11 months
@peer_rich Probably the same reason @NotionHQ has owned the .com but hasn't made the switch. SEO is easy with redirects but cookies can't be forwarded so that might be costly? breaking conversion tracking for all advertisers, logging out millions of users who don't remember their pwd, etc
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@_felx
Félix Malfait
3 months
@thdxr We were using emotion and started migrating to Linaria last week because we display table views with lots of cells and emotion had an impact on performances. It’s the same syntax.
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@_felx
Félix Malfait
3 months
@McPizza0 🙋‍♂️
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@_felx
Félix Malfait
9 months
@McPizza0 Yes that’s analytics (includes Tableau) and integration (includes Mulesoft)
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@_felx
Félix Malfait
8 months
@gregan8 @steventey @charlesbochet @thomasdesfrancs Haha yes that’s not the only thing that needs attention. Project is 7 months old. Come back in 3 months – I promise the doc will be nicer :)
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@_felx
Félix Malfait
6 months
@BrandonCWhite @hnshah @twentycrm No our goal is to be replacement for Salesforce :)
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@_felx
Félix Malfait
7 months
@janwolf_ @thomasdesfrancs @twentycrm Gmail integration will be live in a couple weeks. IMAP isn’t on our roadmap yet but we’ve designed the system to be agnostic so we’ll create an issue with guidance and maybe someone in the community will pick it up 🤞
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@_felx
Félix Malfait
11 months
@lessin
sam lessin 🏴‍☠️
1 year
Companies That Implement ‘Dark Mode’ Should Be Ashamed of Themselves.
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@_felx
Félix Malfait
6 months
Looking at some old websites I had made, not sure why saved some images and not others?
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@_felx
Félix Malfait
11 months
@HarryStebbings Everyone can have a range, the trick is not communicating it. Disclose exclusively the lower end on the range with according plan, and then extend the round and roll out plan B only if you’re oversubscribed.
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@_felx
Félix Malfait
6 months
@stelloprint @thdxr @twentycrm 1 schema per tenant was roughly the same as 1 db per tenant from an implementation perspective, if you can do one you can easily switch to the other! CRMs are very special beasts that have complex data requirements. Wouldn’t recommend this architecture unless you have very good
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@_felx
Félix Malfait
8 months
@gregan8 @steventey @charlesbochet @thomasdesfrancs Thanks! The ambition is big so it takes a bit of time to get there but you can check on the repo the speed at which we’re making progress thanks to community contributions. Current solutions are too expensive and not exciting, we can do better :)
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@_felx
Félix Malfait
5 months
@c_alares Of course no problem! Compliment taken 😌- @thomasdesfrancs led the design
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@_felx
Félix Malfait
9 months
'Sales' in Salesforce is less than 25% of the story. Surprisingly their Service product drives more revenue
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@Benioff
Marc Benioff
9 months
Salesforce F24 & Q3 Growth: 2024 $34.8B (guidance) 2023 $31.4B 2022 $26.5B 2021 $21.3B 2020 $17.1B 2019 $13.3B 2018 $10.5B 2017 $8.4B 2016 $6.7B 2015 $5.4B 2014 $4.1B Salesforce Margin: FY24 30.5% (guidance) FY23 22.5% FY22 18.7% FY21 17.7% FY20 16.8% All numbers non-GAAP.
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@_felx
Félix Malfait
6 months
@BarbinBrad @ycombinator Really impressive work for a single person! Would love to chat if you have time
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@_felx
Félix Malfait
11 months
@thibaultleouay @mxkaske @OpenStatusHQ Cards if there are typically less than 5 items. Table if 5+
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