Workozy aims to eliminate the hassles of field-tasks by automating them. Workozy helps to organise & simplify field-tasks and thus boosts productivity.
$50k invested in Segment after Demo Day yielded about $12.4m. You had to be pretty bold to invest after Demo Day, though, because then they were making technology to warn lecturers when students could no longer follow them.
In many different fields, outsiders overestimate the value of ideas and underestimate the difficulties of execution.
So it's probably a good strategy for learning about any new field to ask "why is execution harder than it seems to outsiders?"
I listened to the leaked recording of the Clubhouse conversation among tech founders/VCs. @balajis makes some important points about media there. Here's my summary.
AI tools will eliminate most of the tedious work in most jobs (design, data science, programming, professional emailing, etc.)
Prediction: it will be very surprising how much more productive people are when they have never have to break rhythm and slow down for a tedious task.
This is not necessarily true for all businesses, but it's true for startups, because for a startup (a) usually implies depending on investors, and investors are not dependable right now.
If your startup's market has shrunk and you're wondering if you should (a) wait for it to come back or (b) adjust yourself to its current size, the answer is probably (b).
"I've had multiple office hours with you in my head recently ('What would PG say?') and the answer is always 'Become profitable. Why would you do anything else?'. I know what to do."
— email from a founder (he's right)
On this day in 2010: Tesla opens first factory (a former GM-Toyota factory)
Valuation (Oct 2010):
Tesla: $1 billion
GM: $46 billion
Valuation (Oct 2019):
Tesla: $59 billion
GM: $52 billion
In September'19, @snapdeal's total monthly transacting customers hit the highest number in the history of the company.
Setbacks happen. So do comebacks.
Revenue generated each minute:
Amazon $483,333 per minute
Apple $410,000 per minute
Google $296,667 per minute
Microsoft $256,667 per minute
IBM $146,520 per minute
Facebook $128,333 per minute
Netflix $38,333 per minute
Uber $24,420 per minute