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AustenAllred's profile
Austen Allred
Austen Allred
Austen Allred
Verified account
@AustenAllred

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Austen AllredVerified account

@AustenAllred

CEO @LambdaSchool (YC S17): A CS education that's free until you get a job. I have made remarks that I do not agree with.

San Francisco, CA
lambdaschool.com
Joined December 2010

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    Austen Allred‏Verified account @AustenAllred Apr 14

    “The great thing about Excel is you can use ‘fill right’. So when people would ask me ‘where will Netflix be in 5 years’ I’d just take our growth rate and fill right. Turns out they’re big numbers.” - Reed Hastings

    4:24 PM - 14 Apr 2018
    • 10 Retweets
    • 112 Likes
    • Kristina Traeger Nirant Kasliwal Mohammed Alam Rahul Ramchandani Evan Sandhoefner Héctor R. Victor Pêgo karanb Jambu Palaniappan
    7 replies 10 retweets 112 likes
      1. New conversation
      2. Higgs‏ @DiracWinsAgain Apr 15
        Replying to @AustenAllred

        I can't seem to find this quote.

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Apr 15
        Replying to @DiracWinsAgain

        It was in an interview I listened to on YouTube

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. New conversation
      2. Rachael Meager‏ @economeager Apr 14
        Replying to @AustenAllred

        I don't know who Reed Hastings is. Do I want to retain my blissful ignorance here?

        1 reply 0 retweets 0 likes
      3. Austen Allred‏Verified account @AustenAllred Apr 14
        Replying to @economeager

        CEO of Netflix

        1 reply 0 retweets 0 likes
      4. Rachael Meager‏ @economeager Apr 14
        Replying to @AustenAllred

        Christ on a cracker

        1 reply 0 retweets 10 likes
      5. Robert Mtz‏ @elrob Apr 14
        Replying to @economeager @AustenAllred

        This is an incredibly good phrase

        0 replies 0 retweets 1 like
      6. End of conversation
      1. New conversation
      2. Alok Jain‏ @WeekendInvestng Apr 16
        Replying to @AustenAllred @karanb_k

        The seeds of market expectations are first sown on a excel sheet😅

        2 replies 1 retweet 9 likes
      3. 1 more reply
      1. New conversation
      2. Andreas Klinger  ✌️‏Verified account @andreasklinger Apr 14
        Replying to @AustenAllred

        I never understood the 3/5y projections expected by some VCs Here are the unit economics. You know how to multiply. From here on your guess is as good as mine.

        1 reply 0 retweets 5 likes
      3. Imran Ghory‏ @imranghory Apr 15
        Replying to @andreasklinger @AustenAllred

        I’m assuming it’s generally (1) do you understand where you need to be to get to IPO and (2) do you understand churn, etc. and the impact it has longer term

        0 replies 0 retweets 2 likes
      4. End of conversation
      1. Gerald Ashley‏ @Gerald_Ashley Apr 15
        Replying to @AustenAllred

        pic.twitter.com/jcvrM2ocPl

        0 replies 0 retweets 1 like
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      1. New conversation
      2. Anderson Reed‏ @AndersonReed Apr 14
        Replying to @AustenAllred

        No shade but unlikely to keep same growth rate for next five years.

        1 reply 0 retweets 0 likes
      3. Fabian Flatz‏ @fabian_flatz Apr 15
        Replying to @AndersonReed @AustenAllred

        Do you have a model that you can use for longer term growth?

        2 replies 0 retweets 0 likes
      4. Anderson Reed‏ @AndersonReed Apr 16
        Replying to @fabian_flatz @AustenAllred

        Just use a step down feature to trim projections after 5 or 10 yrs to gdp.

        0 replies 0 retweets 1 like
      5. End of conversation
      1. Queen Justin‏ @lifefeed Apr 15
        Replying to @AustenAllred

        A shoe executive told me that is the method Crocs used.

        0 replies 0 retweets 0 likes
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