51% of Zendesk's revenue is international
47% of Cloudflare’s revenue is international
46% of HubSpot’s revenue is international
45% of MongoDB's revenue is international
38% of Asana’s revenue is international
34% of Twilio’s revenue is international
22% of Okta’s revenue is international
Go Global as soon as you have customers there
Pull ahead
You can outperform most venture funds by buying LEGO.
I analyzed the last 20 years of secondhand LEGO pricing data, and found randomly purchasing sets will match most VC's returns
if you're somewhat intentional about what you buy-- you massively outperform even the best firms
My excerpts from @BatteryVentures's new "State of Enterprise Tech Spending"
Beyond obvious AI boom, their summary slide points to stabilizing market:
/1
STANFORD TORUS MEGATHREAD
You’ve seen the pictures, but you probably don’t know the full story.
It's the result of a 10-week engineering study at Stanford University in 1975, funded by NASA and led by Girard O’Neill - the most thorough study on free-space settlement to date.
1/
To: My fellow data/info-biz nerds
This is a great summary and another reason why proprietary quantitative or qualitative data & insights are going to be so powerful in this generative AI / LLM future
h/t @joeobrien513
Been looking at the most expensive real-life film stunts ever.
Here are 9 wild ones.
1. MATRIX RELOADED (2003)
For this chase sequence, a fake highway was built at a dis-used naval base in California. The 1.3 mile loop highway cost $2.5m and was fenced by a 19ft wall.
1/ Sponsoring events can have a huge impact on customer acquisition and brand. Most companies do it wrong, though. Here’s how to have the biggest impact sponsoring an event without breaking the bank:
We tend to forget the magnitude of our progress in the last decade. Despite everything bad that happens in the world, we can't deny the great abundance in which we live.
To put it in perspective, here are a few of the top breakthroughs of 1922 vs. 2022...
Had a debate about SaaS companies showing leverage in business model post IPO. Reached out to my friends @MeritechCapital on it.
- Database is 99 SaaS companies
- 66 increased "Rule of 40" (rev growth fcf %) while public, 33 decreased
- Avg at IPO was 22%. Now 27%
- List below
Here are the five most important valuation formulas in finance.
You can apply them to your everyday life, whether you are a founder, an investor, or part of the broader startup world.
#VCs and #startups are dealing with the reality that today’s environment is brutal compared to what it’s been like over the past few years.
The reason for the abrupt shift is that Darwin went on vacation for a few years but has finally returned.
This changes EVERYTHING! 🧵👇