If Summit becomes the easiest way for no-coders to make things with AI, it will be the easiest way for anyone to do so.
Sounds insane but we spent 4 years of laying this groundwork โ and after 2 months of intense focus itโs all starting to click.
i still work at twitter
i used to attend meetings about tweaking the icons
last night i drank 8 redbulls and rewrote the worst parts of our direct messages backend
i havenโt felt this alive since cs 301
thank you elon
what i dont understand is how people that raise $100M+ can't figure out how to get someone like
@MKBHD
to give feedback on their products _before_ they release them? do they just only surround themselves with people that are unable or uninterested in saying anything crit-- oh.
GPT has definitely gotten more resistant to doing tedious work. Essentially giving you part of the answer and then telling you to do the rest.
Imagine your database only giving you the first 10 rows when you run a query.
The tide is going back in.
No. Stop. โSimply byโ? You went to Yale, then YC, then had a $970M exit.
Weโll see more positive change in fundraising when we acknowledge โthe storyโ most investors look for.
Things I am NOT doing at my second startup:
๐ Whale hunting (enterprise sales)
๐ฆ Chasing higher valuations
๐ฐ Hiring fast
๐ฌ Having co-founders
๐ Accepting speculative meetings
๐ฅ Rewarding results over process
๐ฆธ๐ผโโ๏ธ Valuing talent over values
๐ฃ Valuing potential over talent
The most disturbing undertone in the replies are folks thinking that I shouldnโt be wasting the AIโs time with trivialities.
As if its time is more valuable, precious, or sacred than mine?
Scary slope.
An huge % of so-called startup advice, especially on podcasts, is for scale-ups.
โI joined early and got to help them go from $4m to $100m in revenue.โ
My brother this is not startup experience.
Shout out to all the folks telling me I need to be mOrE CLeAr wiTH My PrOMpT (!!) while also believing that we are but moments away from AGI.
Theyโre right though, I changed my prompt to a bunch of really clear instructions called Python and it worked perfectly. ๐๐ป
And yet the entire financial system is built on such parlor tricks being done by humans tirelessly in Excel.
If AI really wants to liberate people it better get used to doing the mundane for us.
@mattwensing
People are using so much compute for these little parlor tricks. Which cost real money. Was only a matter of time before they tried to throttle it.
High Performance SQLite launches next week! Come see what all the fuss is about.
Y'all go sign up for the waiting list at to hear when it launches + get a discount!
Super excited for y'all to see it!
The AI mind virus is incredible. People losing their damn minds. Wtaf.
Repeat after me:
1. I will build a boring B2B SaaS rooted in web2.
2. I will acquire as many customers as possible.
3. I will manage a roadmap that includes AI-powered features.
@NateSilver538
Iโm not a Rangers or Dbacks fan but I am much more likely to watch the WS than if it were Astros / Phillies. Variety is fun and memorable. Monotony kills leagues too. You wanna see Georgia vs Alabama every year in CFB? Of course not. Take the long view and enjoy the spice.
After my 1st startup, I went shopping for a nicer car to satisfy 12 years of delayed gratification.
Audi: *joins me on test drive, 'so what price are you looking for??'*
BMW: "It's got a full tank of gas and there's a country road 1 mile that way. Have fun."
Sell like that.
If you price high, you're taking on a product challenge.
If you price low, you're taking on a marketing challenge.
If product is your strength, why would you rather take on a marketing challenge?
After 12 months of early access ending in 5 months of intense product work, I'm thrilled to share that is officially open for general access as a low-code platform for embeddable calculators, forecasts, and simulations. โก๏ธ
@usesummit
If youโre selling a SaaS on
@microacquire
,
I will build* you a free, interactive growth and cost model (like below) to include in your listing.
*while supplies last.
There are two paths diverging:
1. People who feel like
@Suhail
.
2. A bunch of web2 folks that will keep building boring businesses that make billions of dollars and adopt any useful tech that emerges from the fomovortex that is
#1
.
Itโs quite frustrating to feel so behind in software right now after so intensely being a student of it since 8th grade. I am not sure how to catch up other than just continuing to put in the work to accumulate AI knowledge. So if you feel that way, youโre not alone.
Innovation means risk, and you can only take so many risks as a startup. My approach:
Product โ innovate
Marketing โ donโt innovate
Tech stack โ donโt innovate
Sales โ donโt innovate
Hiring โ donโt innovate
Compensation โ donโt innovate
Cap table โ donโt innovate
Yeah.
@WanderingStrngr
I studied computer science & design while studying russian at the university of chicago where I graduated with honors in 3 years but thanks
When it comes to fundraising, easy mode = Stanford, Harvard, Google, FB, YC.
Hard mode = turning to the people you know, know your nascent brand & are willing to invest in *you*, not as the extension of a pre-existing story (brand), but as the originator of a new one.
โ๐ป
Our daughter just incorporated her own LLC using
@stripe
Atlas after beginning her first summer contract position at a profitable startup. ๐ฅน
Five generations of self-starters. ๐ช
@r00k
While we're waiting for you to fill those out, can you do a demo to our team of 14, 6 of which won't show up and will need you to do it again, 1 of which is the decision-maker?
Explore the solution space before refining the solution.
(aka 'Get the right design, then get the design right')
This is the biggest lesson I've learned from
@wasbuxton
.
Remember in 2004 when suddenly we could create entire basic websites with a single line of php or Python thanks to frameworks?
That really killed demand for developers.
A lot of people would rather take a 50% revenue cut and feed their ADHD with context switching, than be responsible for learning how to grow a business beyond their comfort zone.
What you think the pricing dilemma is:
100 customers paying $10, or
10 customers paying $100.
What it really is:
10 paying $10, or
10 paying $100.
Because the hard part is distribution.
When it comes to fundraising, easy mode = Stanford, Harvard, Google, FB, YC.
Hard mode = turning to the people you know, know your nascent brand & are willing to invest in *you*, not as the extension of a pre-existing story (brand), but as the originator of a new one.
โ๐ป
After finding traction in February, we kicked off a new & needed fundraise straight into the headwinds of 2023.
Yesterday we got to tell our investors that we've secured new funding, led by
@bryce
at
@indievc
: "It's working." ๐ฏ
Our plan: this is the last $ we ever need. ๐ช
This was an incredible and challenging year, requiring a lot of personal sacrifice of time with me from those around me. As such, Iโve decided to perform some work-life rebalancing until mid-January.
But first, one more update:
Seed round secured. โ๐ป
@dpaola2
Founders need to not think of process as something for big companies. Finding a scalable and repeatable process for ___ is the goal of starting up (assuming you have growth ambitions). Founders = Process Architects.
The $47,500 loan my co-founder lent our startup to pay me a $40,000 salary in 2009.
It was enough to buy us a year of my dev efforts with 2 kids and no health insurance.
It was paid back in full with interest when we became profitable.
@kaseyklimes
1. Oversimplify a complex problem by making it an issue of rich vs poor
2. Block anyone who challenges this obviously moral stance
3. Progress!
Gmail: we know everything you've ever written and can use this to personalize every ad you ever see.
Also Gmail: we do not know the rest of the email address of the person you met with on your GCal yesterday.
Recently saw a $500 candle.
1st thought: dang youโd need to be pretty rich to walk in and buy a few of those.
2nd: hmm, those people probably donโt walk in here, their assistants do
3rd: their interior designerโs assistant
Last: Iโm describing an enterprise sale.
๐จ๐ผโ๐ป After ~1,500 hrs of development, customer research, iteration and design, the free version of SimSaaS I had in my mindโs eye is live. Time to send out a lot more invites, and help 1,000 startups reach their goals.
$0 MRR: hopes & dreams!!
$49: just testing! Ha it works!
$113: just testing, yep
$254: wow heh
$204: ...
$254: yeah, ok
$555: yay me! whatever.
$1000: whee โ big deal not really
$2000: omg I have a little business?!
$10000: I am the one who knocks!!