My emotions are entirely tied to my revenue.
Lot of revenue? I'm happy + bulletproof
Low revenue? I'm distraught + vulnerable.
@justinkan did you ever feel that way?
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Replying to @moizali
Of course, I felt this way all the time, for over a decade. Until I stopped looking to the outside world and instead figured out how to become the source of my own approval.
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Replying to @justinkan @moizali
Sorry guys, but “revenue”? Not cash burn? Revenue? Not cash flow...but...revenue?pic.twitter.com/GtUh5JO1ir
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random thought but piecing theory together: friend of mine starting a healthcare marketplace is being pushed to become the provider itself by vc's. it seems like it's an easier way to get lots of revenue fast, but worse economics vc focus on revenue has downstream effects
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@chamath has a good riff on this, if you haven't seen it already. The alignment between VCs and founders isn't sufficient such that you can trust their advice. Further, many of them lack business experience. Double-whammy, IME. Becoming a provider sounds like a terrible idea.2 replies 0 retweets 1 like -
Replying to @Molson_Hart @breakfastbybill and
Not my area of competence though.
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Replying to @Molson_Hart @justinkan and
we built most of our SaaS revenue while I lived in Ketchum, ID. while there, my gf helped a wonderful couple open a new restaurant. their restaurant opened two years after I'd started building my company. within weeks they beat me to $1 million annual revenue that's the fallacy
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Haha! The fallacy is perpetuated by the myth that VC-founders make more than bootstrapped ones. Every situation is different, but from what I can tell (never raised VC), bootstrapped makes you richer.
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