mikert89

14 ms·

301.
by mikert89 1y ago
I'm not really talking about unicorns, I am talking about some typical b2b saas that makes 500k-5M in ARR.
302.
by mikert89 1y ago
ycombinator, the best very early stage investors of all time hold this opinion: "If you are a technical founder, you do not need a non-technical cofounder." https://x.com/snowmaker/status/1948160642399314
303.
by mikert89 1y ago
Nah, CTO is usually deep in the code base, hiring, firing, coding, pulling long hours to ship features, etc
304.
by mikert89 1y ago
I really think society has built some weird narrative that if you did a technical undergrad, you arent fit to run a small startup. Ycombinator busts this myth constantly, and actually prefer technical founders.
305.
by mikert89 1y ago
Sure, but you should just be aware that "wanting to do engineering" probably is stopping you from financial freedom/a more interesting life. Just be aware of the tradeoff
306.
by mikert89 1y ago
One shortcut would be to: 1. pick a vertical (construction, legal, accounting, etc) 2. look at how to apply ai (compliance, voice customer service, email) 3. find sales people from a would be competitor or old school b2b saas in that area,
307.
by mikert89 1y ago
Alot of CEOs dont start out thinking this way, but it definitely occurs to them as they run the business that its the case. Once the platform is built with sticky customers, the CTO is replaceable with a generic high performing engineering
308.
by mikert89 1y ago
Right, sure, there is an initial pain of building domain knowledge. But that one year of knowledge building, distribution, early customers, then dominates who has control over the cap table for a decade. Why not just do this work yourself?
309.
by mikert89 1y ago
I'm willing to bet you are just simply not exposed to bleeding edge tech, and thus dont understand the need for it. Its definitely overused in certain circumstances, when you could just roll out a monolithic code base on a single serve
310.
by mikert89 1y ago
Generally speaking if you are capable of leading a startup as a CTO, you should just found your own, with the legal CEO designation, so that you can control what happens to the equity. CTOs in general are very naive about how all of this wo
311.
by mikert89 1y ago
its not, software quality is better than ever, far more sophisticated than the simple programs of the past.
312.
by mikert89 1y ago
Automated hypothesis testing in the form of a search for alpha in the market is certainly being used right now. An LLM can ask new questions about correlations between assets, and run statistical tests on those correlations, in ways that pr
313.
by mikert89 1y ago
The crazy thing is how suppressed this opinion was. You got banned on most websites for bringing this up. I credit free speech on X for bringing h1b visas into the national conversation
314.
by mikert89 1y ago
he legitatmely innovated/invented a whole type of youtube channel/influencer. clearly was never a moral person, doesnt mean he wasnt influential
315.
by mikert89 1y ago
Pretty clear theres a tradeoff between social intelligence and other forms of intelligence
316.
by mikert89 1y ago
I think the company just took retail and AWS to their logical conclusion, and so the old culture doesn’t even make sense
317.
by mikert89 1y ago
1960s
318.
by mikert89 1y ago
"One of America's greatest assets is its brand as a place worth immigrating too" Rich people started playing this on repeat while they crushed the standard of living via immigration and low interest rates
319.
by mikert89 1y ago
Yeah great they got into the fastest growing companies of all time at the perfect time
320.
by mikert89 1y ago
No you want to take these bets when you are young, its the opposite, you go into stable careers when your appetite for risk and working around the clock has waned
321.
by mikert89 1y ago
Not denying you can fail, but one year spent on YC and failing puts you in a position to start another business
322.
by mikert89 1y ago
By rich I mean like 25 million +, not 3 million
323.
by mikert89 1y ago
why do you think i havent
324.
by mikert89 1y ago
dude we just invented computers you can talk to
325.
by mikert89 1y ago
You dont have to create a billion dollar company. Especially after raising VC and failing, its much clearer how to build a business. Very reasonable to think a smart hard working person can build a company making 1M a year. Life owning a co
326.
by mikert89 1y ago
Outsourcing has never worked for core products and innovation. Anyone claiming all these jobs will go over seas has never tried to outsource something complex. Zero large cap businesses have succeeded at this. The outsourcing comes in long
327.
by mikert89 1y ago
10% chance at millions fresh out school sounds great!
328.
by mikert89 1y ago
Alot of them do, not only that, they build skills that help them start their next company. Many of which are bootstrapped and profitable. This whole idea that startups are a complete lottery ticket is not only false, its increasingly less f
329.
by mikert89 1y ago
I live in NYC, I have met alot of very rich startup founders. But not only that, lots of people making 50k a month from a startup they built post YC, raised no VC, and have no boss. Its an outdated take to think people arent doing this
330.
by mikert89 1y ago
its still better than these people fighting over promotions in finance

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