hand off your back-office to a tech-enabled team that works like a single, impossibly capable employee
Joined June 2022
- Tweets 3,968
- Following 351
- Followers 1,053
- Likes 6,999
174 Photos and videos
Luke Versweyveld retweeted
Jun 12
If you think regulatory law doesn’t matter, stare at this bottle until you realize your error.
You can now get Papa John’s Garlic Sauce at Walmart. The game has changed forever
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Jun 7
Last fall a VC hit me with the “we should still hop on a call” even after reiterating that we aren’t raising money and then proceeded to neg me the entire call
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Thank you @ycombinator and @garrytan for supporting these ideas to protect the next generation of founders
May 22
Eric Ries (@ericries) is the author of The Lean Startup, the NYT bestseller that became a playbook for a generation of founders. He's also the founder of the Long-Term Stock Exchange and has a new book out called Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great.
In this episode of Main Function, Eric sat down with YC's @garrytan to talk about why so many founders lose control of the companies they build, and what they can do to stop it.
00:47 — The Professor's Wake-Up Call
03:43 — A Wake, Not a Party
05:12 — Shareholder Primacy Explained
08:20 — The Jeff Lawson / Twilio Story
10:27 — When You Fire the Founder
12:01 — The Legend of Sol Price
15:38 — Costco's Secret Origin
18:33 — Mission-Controlled Companies
19:40 — Finding the Right Board
22:26 — Just Become a PBC
23:40 — Who Invented Shareholder Primacy?
27:08 — It's Not Even a Law
30:28 — The Builder's Intuition
34:47 — Novo Nordisk & the $600B Bet
39:47 — Industrial Foundations Outperform
42:08 — The Problem With VC Fund Structure
43:05 — Dual Class Isn't Enough
44:54 — Building Something That Outlives You
45:03 — Anthropic's Governance Story
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Luke Versweyveld retweeted
cancer, and all disease
May 22
what problem do you most hope AI will solve in the future?
maybe we can help!
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Luke Versweyveld retweeted
May 22
Eric Ries (@ericries) is the author of The Lean Startup, the NYT bestseller that became a playbook for a generation of founders. He's also the founder of the Long-Term Stock Exchange and has a new book out called Incorruptible: Why Good Companies Go Bad and How Great Companies Stay Great.
In this episode of Main Function, Eric sat down with YC's @garrytan to talk about why so many founders lose control of the companies they build, and what they can do to stop it.
00:47 — The Professor's Wake-Up Call
03:43 — A Wake, Not a Party
05:12 — Shareholder Primacy Explained
08:20 — The Jeff Lawson / Twilio Story
10:27 — When You Fire the Founder
12:01 — The Legend of Sol Price
15:38 — Costco's Secret Origin
18:33 — Mission-Controlled Companies
19:40 — Finding the Right Board
22:26 — Just Become a PBC
23:40 — Who Invented Shareholder Primacy?
27:08 — It's Not Even a Law
30:28 — The Builder's Intuition
34:47 — Novo Nordisk & the $600B Bet
39:47 — Industrial Foundations Outperform
42:08 — The Problem With VC Fund Structure
43:05 — Dual Class Isn't Enough
44:54 — Building Something That Outlives You
45:03 — Anthropic's Governance Story
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Luke Versweyveld retweeted
May 18
TONIGHT! My bookstore in Downtown San Francisco is hosting @ericries FIRST Bay Area book launch for his new book INCORRUPTIBLE (a full WEEK before it comes out!!) events.humanitix.com/ries WHY should you care?
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Luke Versweyveld retweeted
May 12
ended up picking excel
May 11
What is the best CRM for founders to manage investors?
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Luke Versweyveld retweeted
May 10
"A lot of people liked the Lean Startup, but no one ever said it made them cry."
In 16 days, @EricRies's new book Incorruptible comes out.
It's about why you can taste it when your favorite restaurant gets bought by a PE firm, why even Steve Jobs got fired from Apple, and why over 80% of founders get fired within 3 years of taking their company public.
In our real-talk conversation, we discuss:
🔸 "Financial gravity": the force that predictably pushes successful companies into mediocrity
🔸 The Groupon email death spiral every public company eventually runs
🔸 "It is always too early to protect your company. Until it's too late."
🔸 The "governance fortress" Anthropic, Costco, and Patagonia all have—and your company probably doesn't
🔸 Three things founders can do this week to protect their company long-term.
Listen now 👇
youtu.be/PoJ1vTdHpks
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Luke Versweyveld retweeted
Sparky co-designing his ... finger?!
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May 4
Where is the best place to find fresh out of college, hungry candidates?
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May 1
Very weird hill to die on
The ABA’s cartel-like control over law school accreditation drives up costs, limits access, and pushes ridiculous ideological mandates over merit.
Ending the Tennessee Supreme Court’s exclusive reliance will expand opportunity AND lower costs.
Great work @USAO_MDTN, @JusticeATR, and @FTC!
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I am *begging* you all to learn how to detect satire
Apr 27
A junior associate informed me she has a "hard stop" at 5 PM on Fridays.
She said she needs the weekend to protect her peace and maintain her energy.
I told her I completely respect her commitment to boundary setting.
I then removed her from the M&A deal she'd spent two months diligence-ing.
She came to my office on Monday confused as to why her access was revoked.
I explained that a closed deal requires momentum, not a pause button.
She asked how she was supposed to hit her billable requirement now.
I suggested she use all that extra weekend energy to find a new practice area.
Peace is a wonderful concept for people who don't practice corporate law.
The rest of us find our tranquility in a signed signature page.
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Luke Versweyveld retweeted
Sullivan, Cromwell & Claude, LLP
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Apr 22
Despite the competition, we have good relationships with all of the major startup firms, save for one, who goes out of their way to speak poorly of us to current and prospective clients.
Feels pretty short-sighted.
There will come a day when firms realize they moved too slow for too long and will come knocking, and when that day comes, it will be an easy and emphatic “no.”
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Apr 20
Such a rockstar team. Keep an eye or two on them!
Apr 20
Introducing Oro, the biggest agent competition in the world.
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