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DavidSacks's profile
David Sacks
David Sacks
David Sacks
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@DavidSacks

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David SacksVerified account

@DavidSacks

VC @craft_ventures Bestie @theallinpod Founder @getcallin

San Francisco
sacks.substack.com
Joined March 2007

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    David Sacks‏Verified account @DavidSacks 28 Dec 2018

    Good heuristic for creating SaaS startups: find a commonly used spreadsheet (eg cap tables) and turn it into a dashboard (eg Carta). Replace email attachments with workflows. Spreadsheets are the long tail of datasets that don’t have their own SaaS tool yet.

    12:50 PM - 28 Dec 2018
    • 286 Retweets
    • 1,830 Likes
    • Adish Jain Jens Hillmann 🔴🔴🔴 Minh 🐣 Burner Insights Siddharth Verma Sandeep Raju Prabhakar Thibaut LaBarre ✌ Moose Connor
    59 replies 286 retweets 1,830 likes
      1. New conversation
      2. James Murphy‏ @jamestmurphy_ 28 Dec 2018
        Replying to @DavidSacks

        Do you think there are many 10x value-add opportunities left in this? Seems more like a new feature to existing SaaS rather than a brand new company.

        1 reply 0 retweets 5 likes
      3. Daniel and 10 others‏ @techwraith 28 Dec 2018
        Replying to @jamestmurphy_ @DavidSacks

        We're still very early in saas/automation. Every time someone says that there aren't any opportunities left I have to assume that they just can't think of any. Then again, if you could think of one, you'd probably have created that company already.

        1 reply 0 retweets 3 likes
      4. Show replies
      1. New conversation
      2. James Murphy‏ @jamestmurphy_ 28 Dec 2018
        Replying to @DavidSacks

        Do you have a good one for managing venture ownership in funds/deals? Including across SPVs, different LP participation, side cars, etc. That’s still something I manage in excel.

        1 reply 0 retweets 1 like
      3. James Murphy‏ @jamestmurphy_ 28 Dec 2018
        Replying to @jamestmurphy_ @DavidSacks

        Mr Ben @cartainc gets some points for this customer acquisition email ☺️👍🏻pic.twitter.com/mWsc8Tt14O

        0 replies 1 retweet 20 likes
      4. End of conversation
      1. Vasu Prathipati‏ @Vasu_Prathipati 28 Dec 2018
        Replying to @DavidSacks

        Cc @MaestroQA Lots of the data required for ML algos still lives in these spreadsheets too

        0 replies 0 retweets 8 likes
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      1. New conversation
      2. Toni Gemayel‏ @tonigemayel 28 Dec 2018
        Replying to @DavidSacks

        Minimum viable spreadsheets

        1 reply 1 retweet 64 likes
      3.  ❄️ jules‏ @krunchysun 28 Dec 2018
        Replying to @tonigemayel @DavidSacks

        this reply did not get enough love

        1 reply 0 retweets 4 likes
      4. Show replies
      1. Wilson Hung‏ @WilsonGHung 28 Dec 2018
        Replying to @DavidSacks

        @babakazad

        0 replies 0 retweets 1 like
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      1. Kevin Morrill‏ @MisterMorrill 28 Dec 2018
        Replying to @DavidSacks

        This is somewhat how @Mattermark started. VCs all had their own watch list for potential investments that they manually updated, and we wrapped it with 100x better software.

        0 replies 1 retweet 23 likes
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      1. New conversation
      2. Suhail‏Verified account @Suhail 28 Dec 2018
        Replying to @DavidSacks

        The same applies to figuring out why people write SQL in an org.

        2 replies 1 retweet 55 likes
      3. Usman Ghani (jobs@aven.com)‏ @usmanghani 28 Dec 2018
        Replying to @Suhail @DavidSacks

        In general spreadsheets and sql are great for adhoc analysis. Instead, common spreadsheet/sql templates can be turned into a service.

        0 replies 0 retweets 12 likes
      4. End of conversation

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