Messages
6/28/2022
13 : 44
Series A Rounds Are a Math Test
Low monetization requires extraordinary traction, and vice versa. Series A Rounds Are a Math Test Read on My Site For your seed stage startup to graduate to the next level, it must pass a new test.
4/27/2022
18 : 34
Funding Simply Shifts the Bottleneck
A frothy funding environment means more competition for talent. Funding gets easier; hiring gets harder. Funding Simply Shifts the Bottleneck Read on My Site Abundant capital is not a panacea for
3/4/2022
19 : 34
Breaking Apart the Rule of 40
Rules are meant to be broken, and the Rule of 40 is no exception Breaking Apart the Rule of 40 Read on My Site Rules are meant to be broken, and the Rule of 40 is no exception. The Rule of 40 is a
2/11/2022
22 : 14
Schrodinger's Balance Sheet: When Equity Becomes a Liability
Preferred equity exists in a constant state of quantum superposition. It's neither equity nor debt, until it is. Schrodinger's Balance Sheet: When Equity Becomes a Liability Read on My Site
1/13/2022
18 : 54
⚖ Introducing a New and Improved SaaS Metric: Weighted ACV
ACV isn't as useful a concept as people think. We need a different SaaS monetization metric. Introducing a New and Improved SaaS Metric: Weighted ACV Read on My Site ACV, or average/annual contract
11/10/2021
17 : 34
😮 Companies Rarely Grow Into Their Valuations
Companies don't catch up to their valuations; their valuations catch up to them Companies Rarely Grow Into Their Valuations Read on My Site Investors often justify high valuation multiples with the
9/30/2021
15 : 54
📈 You Can't Eat Relative Growth
In startup land, we talk way too much about relative growth. We'd do better to ground our thinking in absolute growth. You Can't Eat Relative Growth Read on My Site In 2006, Howard Marks, co-
8/19/2021
21 : 54
💰 Do Wealthy Investors Have an Edge?
The super-rich earn more on their investments than the rest of us. Something nefarious, or something else? Do Wealthy Investors Have an Edge? Read on My Site The super-rich earn more on their
7/10/2021
6 : 0
🎓 PhDs Aren't Starting Companies Like They Used To
The burden of scientific knowledge and managerial complexity is crushing our best and brightest PhDs Aren't Starting Companies Like They Used To Read on My Site The burden of scientific knowledge
5/14/2021
3 : 12
Leaving Software on the Table
Developer inefficiency costs us hundreds of billions of dollars of lost software output Leaving Software on the Table Read on My Site Developer inefficiency drives hundreds of billions of dollars of
3/31/2021
22 : 34
The Developer Productivity Manifesto — The Flywheel
Developer productivity is falling. But it doesn't have to. The Developer Productivity Manifesto — The Flywheel Read on My Site I've been obsessed with developer productivity for a long time. As
3/1/2021
15 : 34
Robinhood Traders are Last to the Party 🎉
Robinhood users get front-run by other retail traders Robinhood Traders are Last to the Party Read on My Site The recent Robinhood and Gamestop / Gamestock / Gamestonk fiasco shed a light on some of
2/5/2021
16 : 14
There's Nothing Magical about the SaaS Magic Number
Sales and marketing spend drives much less revenue than you think There's Nothing Magical about the SaaS Magic Number Read on My Site I've never liked the SaaS "magic number." It
12/18/2020
21 : 54
Product-Market Fit is Lindy
The longer you search for product-market fit, the less likely you will find it Product-Market Fit is Lindy Read on My Site The longer you search for product-market fit, the less likely you will find it
10/28/2020
14 : 54
Why We Will Never Have Enough Software Developers
Developers are dropping out of the profession in large numbers Why We Will Never Have Enough Software Developers Read on My Site We will never have enough software developers. Developers are dropping
10/6/2020
17 : 4
Enterprise Software Monetization is Fat-Tailed 🐋
Why the "average" customer is a meaningless concept Enterprise Software Monetization is Fat-Tailed Read on My Site Hey, Nnamdi here. In enterprise software, the "average" customer
8/19/2020
1 : 39
Top Three Strategic Priorities of Developer Productivity Startups
What's top of mind for developer productivity leaders Top Three Strategic Priorities of Developer Productivity Startups Read More Hey, Nnamdi here. Developer productivity startups must adapt to an
7/16/2020
1 : 49
Six Trends Shaping Developer Productivity
We interviewed developer productivity leaders. Here's what they said. Six Trends Shaping Developer Productivity Read More Hey, Nnamdi here. Developer productivity is undergoing a tectonic shift.
7/8/2020
13 : 36
Why Don't VCs Index Invest?
Math and data say early-stage VCs should index invest, and late-stage investors should stock pick. Yet they do the opposite. Why Don't VCs Index Invest? Read More Hey, Nnamdi here. Math and data
6/20/2020
5 : 27
Do College Degrees Matter for Software Engineers? Maybe
Do college-educated developers earn more? Yes, but less than you might think Hey, Nnamdi here. It's a never ending debate across Reddit, Hacker News, and Stack Overflow: do college degrees matter