Matt Wensing ๐Ÿ™ Profile Banner
Matt Wensing ๐Ÿ™ Profile
Matt Wensing ๐Ÿ™

@mattwensing

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Founder @usesummit , the no-code modeling platform. Co-founder @everstreamAI . Built mapping platform used by @potus44 . @uchicago โ€˜03. Relentless.

Pick my brain โ†’
Joined June 2008
Don't wanna be here? Send us removal request.
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@mattwensing
Matt Wensing ๐Ÿ™
2 months
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 itโ€™s all starting to click.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
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 havenโ€™t felt this alive since cs 301 thank you elon
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@mattwensing
Matt Wensing ๐Ÿ™
1 month
Because unlike your website these UIโ€™s do real work.
@ilyamiskov
Ilya Miskov
1 month
Why do most camera UI look like theyโ€™re from 2003โ€ฆ Should we make a petition?
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@mattwensing
Matt Wensing ๐Ÿ™
2 months
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.
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@mattwensing
Matt Wensing ๐Ÿ™
7 months
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.
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@mattwensing
Matt Wensing ๐Ÿ™
11 months
Just remember that Zapier is making $200m+ ARR on $1.3m raised and the profound world problem they solve is letting non-devs use APIโ€™s.
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
The work of a genius.
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@mattwensing
Matt Wensing ๐Ÿ™
2 months
Well now we have our answer
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
No. Stop. โ€œSimply byโ€? You went to Yale, then YC, then had a $970M exit. Weโ€™ll see more positive change in fundraising when we acknowledge โ€œthe storyโ€ most investors look for.
@justinkan
Justin Kan
3 years
I've raised over $150,000,000 as a founder, simply by being a good storyteller. Here's how to get VC's to throw money at you:
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@mattwensing
Matt Wensing ๐Ÿ™
5 years
Things I am NOT doing at my second startup: ๐Ÿ‹ Whale hunting (enterprise sales) ๐Ÿฆ„ Chasing higher valuations ๐Ÿฐ Hiring fast ๐Ÿ‘ฌ Having co-founders ๐Ÿ—“ Accepting speculative meetings ๐Ÿฅ• Rewarding results over process ๐Ÿฆธ๐Ÿผโ€โ™‚๏ธ Valuing talent over values ๐Ÿฃ Valuing potential over talent
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@mattwensing
Matt Wensing ๐Ÿ™
7 months
The most disturbing undertone in the replies are folks thinking that I shouldnโ€™t be wasting the AIโ€™s time with trivialities. As if its time is more valuable, precious, or sacred than mine? Scary slope.
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
An huge % of so-called startup advice, especially on podcasts, is for scale-ups. โ€œI joined early and got to help them go from $4m to $100m in revenue.โ€ My brother this is not startup experience.
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@mattwensing
Matt Wensing ๐Ÿ™
7 months
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. Theyโ€™re right though, I changed my prompt to a bunch of really clear instructions called Python and it worked perfectly. ๐Ÿ‘Œ๐Ÿป
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@mattwensing
Matt Wensing ๐Ÿ™
7 months
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.
@mollyanne326
Molly
7 months
@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.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
Good idea generator: 1. Have any idea 2. Pursue it 3. Build something that makes it easier to achieve 4. #3 is your good idea
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Matt Wensing ๐Ÿ™
2 years
@TopherScottie Unlike some people I donโ€™t tend to burn out as long as the reward is big enough
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@mattwensing
Matt Wensing ๐Ÿ™
14 days
Imagine being so dumb you let a guy with this work ethic go.
@aarondfrancis
Aaron Francis
14 days
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!
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@mattwensing
Matt Wensing ๐Ÿ™
17 days
@kaseyklimes Make sense that Google would fail to deliver a valuable product for political reasons
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@mattwensing
Matt Wensing ๐Ÿ™
7 months
This isn't about versions. This is happening for me and I have GPT-4 (Plus).
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
Honey badger market truth served cold.
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
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.
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@mattwensing
Matt Wensing ๐Ÿ™
1 month
@jwbaldwin As it should be.
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@mattwensing
Matt Wensing ๐Ÿ™
8 months
@NateSilver538 Iโ€™m 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.
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
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.
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@mattwensing
Matt Wensing ๐Ÿ™
4 years
Headcount is the worst vanity metric.
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@mattwensing
Matt Wensing ๐Ÿ™
7 months
Another example where I asked it to extend some code. It would have had to generate perhaps 50 lines. It told me to do it instead.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
Celsius 0-100 is about water. Fahrenheit 0-100 is about humans.
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Matt Wensing ๐Ÿ™
4 years
@austin_rief Every startup is a journey through this table. :)
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@mattwensing
Matt Wensing ๐Ÿ™
10 days
Rediscovered this printout that was taped to the cubicle wall of my first programming job in 2005. You could do a lot worse than internalizing these.
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Matt Wensing ๐Ÿ™
2 months
@Trace_Cohen @MKBHD Thatโ€™s the thing about feedback โ€” you have to get it to know what it is.
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
Don't be afraid to burn the boats.
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Matt Wensing ๐Ÿ™
4 years
The opposite of technical debt isn't zero debt, it's compounding gains: each new thing makes it easier and faster to build new things.
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@mattwensing
Matt Wensing ๐Ÿ™
2 months
@kylembagley @MKBHD those are the only options huh
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
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?
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
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. โšก๏ธ @usesummit
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
And then one day, all of those necessary but insufficient changes ... became enough.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
@AngieBEvans Sorry, I know the feeling. This is whatโ€™s supposed to happen.
@mattwensing
Matt Wensing ๐Ÿ™
2 years
๐Ÿฅน we finally have real neighbors! ๐Ÿ˜ญ
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
Lead your team by learning better ways to say no.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
PHPโ€™s origin story is naturally the most PHP thing ever.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
the one thing we *all* have in common is a universal hatred for pointless meetings
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
If youโ€™re 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.
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
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 .
@Suhail
Suhail
1 year
Itโ€™s 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, youโ€™re not alone.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
With all due respect to all the new writing products โ€ฆ AI is a feature.
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Matt Wensing ๐Ÿ™
3 years
Innovation means risk, and you can only take so many risks as a startup. My approach: Product โ€” innovate Marketing โ€” donโ€™t innovate Tech stack โ€” donโ€™t innovate Sales โ€” donโ€™t innovate Hiring โ€” donโ€™t innovate Compensation โ€” donโ€™t innovate Cap table โ€” donโ€™t innovate Yeah.
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@mattwensing
Matt Wensing ๐Ÿ™
3 months
@daniel_nguyenx Great tweet, couldโ€™ve been shorter
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@mattwensing
Matt Wensing ๐Ÿ™
5 months
If you built a better CRM than HubSpot you wouldn't be better than HubSpot you'd be a new CRM with an almost-insurmountable distribution problem.
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@mattwensing
Matt Wensing ๐Ÿ™
9 months
@sobedominik This doesnโ€™t seem that awful to me. Itโ€™s 1-1, no?
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Matt Wensing ๐Ÿ™
2 years
@WanderingStrngr I studied computer science & design while studying russian at the university of chicago where I graduated with honors in 3 years but thanks
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Matt Wensing ๐Ÿ™
2 months
@kylecordes @MKBHD but they must know this internally before the thing ships, right? and that includes the ceo?
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@mattwensing
Matt Wensing ๐Ÿ™
7 months
@Lamp_Sec So weโ€™re back to writing code
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
Writing Code Was Never The Hard Part Of Starting Up
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
@dunkhippo33 This is what it took to raise my first seed round from 2011-2012. Red = pitches that ended in 'no'.
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@mattwensing
Matt Wensing ๐Ÿ™
5 years
After 14 years of quoting PG ...
@paulg
Paul Graham
5 years
"Today is priceless tomorrow." โ€“ Matt Wensing
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@mattwensing
Matt Wensing ๐Ÿ™
4 years
Efficient Use of Capital Hall of Fame: Ultimate Software: $900m+ ARR on $14m raised. Veeva Systems: $1b+ ARR on $7m raised. Who else?
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
@Chris_Grosse Not my first, but first in my heart.
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Matt Wensing ๐Ÿ™
1 year
@JarvisKa Sorry did you post something? Can't read it anymore.
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Matt Wensing ๐Ÿ™
7 months
@Lamp_Sec โ€œList all the weeks between X and Yโ€ is pretty clear and specific
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Matt Wensing ๐Ÿ™
6 months
@dannykanell Congrats on winning the quitters cup.
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@mattwensing
Matt Wensing ๐Ÿ™
5 months
@Austen Yes. And believing you can evaluate someone as โ€œ25% betterโ€ is psycho-level reductionist thinking.
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@mattwensing
Matt Wensing ๐Ÿ™
4 years
Okay this is starting to come together.
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@mattwensing
Matt Wensing ๐Ÿ™
1 month
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
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. โœŒ๐Ÿป
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Matt Wensing ๐Ÿ™
2 years
A pre-seed startup with an eight person team and no revenue walks into a bar โ€ฆ
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@mattwensing
Matt Wensing ๐Ÿ™
4 months
RIP โ€œWhat if Google builds this?โ€ 2005-2024
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
@hnshah I have this game I play where I go to: GSheets, then GDrive, then Recent, then Shared with me, to see if I can find the fucking file.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
@bryce $5m is often $500k of progress wrapped in $4.5m of guessing.
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@mattwensing
Matt Wensing ๐Ÿ™
4 months
What startups prove: When given the freedom, only a very tiny percentage of people know what to work on.
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@mattwensing
Matt Wensing ๐Ÿ™
5 years
Good morning. โ˜•๏ธ Iโ€™m starting a new thing: .
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
Our daughter just incorporated her own LLC using @stripe Atlas after beginning her first summer contract position at a profitable startup. ๐Ÿฅน Five generations of self-starters. ๐Ÿ’ช
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@mattwensing
Matt Wensing ๐Ÿ™
7 months
@Shawnryan96 Why didnโ€™t they give me an option to pay more?
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@mattwensing
Matt Wensing ๐Ÿ™
5 years
@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?
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Matt Wensing ๐Ÿ™
4 years
Earliest-stage venture funding buys you time in the Exploration space. Customer funding (bootstrapping) does not.
@destraynor
Des Traynor
5 years
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 .
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Matt Wensing ๐Ÿ™
10 days
@BBGreatMoments An Astro doing something dirty? No way
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Matt Wensing ๐Ÿ™
1 year
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.
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Matt Wensing ๐Ÿ™
7 months
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Matt Wensing ๐Ÿ™
4 years
๐Ÿง—๐Ÿผโ€โ™‚๏ธ 10th paying customer.
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
I'm really proud of this product right now. I feel like we've created an AutoCAD for your business plans.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
40 yo, 2nd startup, and still starting up at 8:49pm.
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
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.
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Matt Wensing ๐Ÿ™
1 year
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.
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
For the people actually in hard mode, my two cents (and Iโ€™d love to hear from others):
@mattwensing
Matt Wensing ๐Ÿ™
3 years
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. โœŒ๐Ÿป
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Matt Wensing ๐Ÿ™
1 year
Sometimes growth is a long, slow ramp. This time it was a combination lock.
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@mattwensing
Matt Wensing ๐Ÿ™
6 months
@jspujji @einarvollset R&D in the United States is now being treated as a luxury.
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@mattwensing
Matt Wensing ๐Ÿ™
1 year
If people wonโ€™t pay for the ugly version of your software they wonโ€™t pay for the pretty version either.
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@mattwensing
Matt Wensing ๐Ÿ™
9 months
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." ๐ŸŽฏ Our plan: this is the last $ we ever need. ๐Ÿ’ช
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Matt Wensing ๐Ÿ™
1 year
To get to a very modest $2m ARR business with $19/mo pricing you'll need about 90,000 trials.* Maybe don't try this. (* 5% churn, 30% conversion rate)
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@mattwensing
Matt Wensing ๐Ÿ™
4 years
This was an incredible and challenging year, requiring a lot of personal sacrifice of time with me from those around me. As such, Iโ€™ve decided to perform some work-life rebalancing until mid-January. But first, one more update: Seed round secured. โœŒ๐Ÿป
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@mattwensing
Matt Wensing ๐Ÿ™
5 years
@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.
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@mattwensing
Matt Wensing ๐Ÿ™
9 months
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.
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@mattwensing
Matt Wensing ๐Ÿ™
17 days
@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!
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@mattwensing
Matt Wensing ๐Ÿ™
28 days
@levelsio Is it supposed to be obvious which is better? One is way more focused on video, one has many more numbers.
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@mattwensing
Matt Wensing ๐Ÿ™
2 years
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.
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
Recently saw a $500 candle. 1st thought: dang youโ€™d need to be pretty rich to walk in and buy a few of those. 2nd: hmm, those people probably donโ€™t walk in here, their assistants do 3rd: their interior designerโ€™s assistant Last: Iโ€™m describing an enterprise sale.
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Matt Wensing ๐Ÿ™
2 years
Fb just reminded me that 9 years ago yesterday I got to meet with my first startup's coolest customer. Kind of unbelievable still.
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Matt Wensing ๐Ÿ™
1 year
If you can charge $19/mo for something, you've likely done 95% of the product work required to charge $249/mo for it in a different context.
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@mattwensing
Matt Wensing ๐Ÿ™
4 years
Riskpulse, the company I co-founded in 2007 and took over my life for more than a decade, has been acquired. Thank you, team. You are extraordinary.
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@mattwensing
Matt Wensing ๐Ÿ™
4 years
First day with over 100 users on the app. ๐Ÿ˜Š
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@mattwensing
Matt Wensing ๐Ÿ™
9 months
Getting rich
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@mattwensing
Matt Wensing ๐Ÿ™
5 years
๐Ÿ‘จ๐Ÿผโ€๐Ÿ’ป After ~1,500 hrs of development, customer research, iteration and design, the free version of SimSaaS I had in my mindโ€™s eye is live. Time to send out a lot more invites, and help 1,000 startups reach their goals.
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@mattwensing
Matt Wensing ๐Ÿ™
3 years
First startup hangout in a very long time w/ @CapitalFactory @Jason & @JoshuaBaer โ€” mind blown by the fact that most of the people I talked to have moved here in the last 12 months! ๐Ÿคฏ Love it. #atx #FullyVaccinated
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@mattwensing
Matt Wensing ๐Ÿ™
4 years
$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!!
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