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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 30

    The best part of building a company with real revenue is you don’t have to care what VCs think. Which, ironically, is the best way to interest VCs.

    7:03 PM - 30 Apr 2018
    • 70 Retweets
    • 452 Likes
    • My Math Hub Jake Warner youngworld Gabe Debbie Bester Kemas Dimas R. Garrett Green Farjad Habib Daniel Reji
    10 replies 70 retweets 452 likes
      1. New conversation
      2. Matthew Greenfield‏ @mattgreenfield Apr 30
        Replying to @AustenAllred

        Yes, although many VCs don't do well with previously boot-strapped companies.

        1 reply 0 retweets 5 likes
      3. Austen Allred‏Verified account @AustenAllred Apr 30
        Replying to @mattgreenfield

        It’s a different optimization - growth vs profitability. Some companies can switch back and forth on demand. I consider us lucky to be in that position, even as we choose growth.

        1 reply 1 retweet 10 likes
      4. Austen Allred‏Verified account @AustenAllred Apr 30
        Replying to @AustenAllred @mattgreenfield

        We’re burning a ton of money and growing insanely fast but with one email I could make us profitable.

        1 reply 0 retweets 2 likes
      5. Bentley‏ @mrjordanbentley Apr 30
        Replying to @AustenAllred @mattgreenfield

        That’s what all vc addicts say 😉. Congrats @AustenAllred

        0 replies 0 retweets 3 likes
      6. End of conversation
      1. Paul Stefan Bohm‏ @paulsbohm Apr 30
        Replying to @AustenAllred

        Sounds like dating advice

        0 replies 0 retweets 5 likes
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      1. Ethan Perlstein‏ @eperlste May 1
        Replying to @AustenAllred

        Learned this the hard way. Will put the theory to the test..

        0 replies 0 retweets 2 likes
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      1. DJ Eth Ledger  🍩‏ @ZaneWithSpoon May 1
        Replying to @AustenAllred

        Does shilling tokens count as revenue? Asking for a friend

        0 replies 0 retweets 1 like
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      1. Alan Christensen‏ @alanchr5412 Apr 30
        Replying to @AustenAllred

        Sounds like what @paulg has saidhttps://youtu.be/ii1jcLg-eIQ 

        0 replies 0 retweets 1 like
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      1. Nick Walker‏ @nw3 May 1
        Replying to @AustenAllred

        So getting VC is like being a playboy.

        0 replies 0 retweets 0 likes
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      1. Craig CR McLeod‏ @CraigCRMcLeod May 1
        Replying to @AustenAllred

        How to land a VC, "we dont need money, we are cashflow positive". The end.

        0 replies 0 retweets 0 likes
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      1. Victor Pêgo‏ @vpego May 1
        Replying to @AustenAllred

        The best way to raise money is not needing money..

        0 replies 0 retweets 0 likes
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      1. Jeray‏ @jerayreed Apr 30
        Replying to @AustenAllred

        Amen 🙏🏼

        0 replies 0 retweets 0 likes
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