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a_yawning_cat's profile
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@a_yawning_cat

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@a_yawning_cat

stray thoughts, loosely held. rat jaeger.

California, USA
aycat.substack.com
Joined December 2018

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    1.  🐈‏ @a_yawning_cat 9 Sep 2020

      A better CEO probably could have put that money to use rather than let it sit. Though I also didn't pause the game very much to squeeze out productivity from every second.

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    2.  🐈‏ @a_yawning_cat 9 Sep 2020

      My temperament probably isn't suited to managing huge sums of money. Seems to require a conquerer's mindset. With enough money coming in, the easiest way to use large amounts is via acquisitions.

      1 reply 0 retweets 1 like
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    3.  🐈‏ @a_yawning_cat 9 Sep 2020

      Even with a ton of money coming in, massive amounts were actually controlled by a few huge whale contracts for the main product. My main site had 40M users with 20M 10M 10M for the other 3.

      1 reply 0 retweets 1 like
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    4.  🐈‏ @a_yawning_cat 9 Sep 2020

      Losing a whale contract could have easily affected the profit margin by a huge amount. E.g. with a 10M burn rate and contracts of 5M, 5M, 10M, 20M. I have a profit of 30M. But if I lose the 20 my profit is 10M. I lose 2/3rds of the profit.

      1 reply 0 retweets 1 like
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    5.  🐈‏ @a_yawning_cat 9 Sep 2020

      The smaller websites were there just to make use of employee output. The larger site ended up bottlenecked by more complex requirements but the lower skilled employees still were producing output. The newer sites were to take advantage of their output. Keep em busy...

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    6.  🐈‏ @a_yawning_cat 9 Sep 2020

      Managing them was a chore however because they increased the complexity of the output chain. I would always give priority to the biggest site bringing in the largest amount of money.

      1 reply 0 retweets 1 like
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    7.  🐈‏ @a_yawning_cat 9 Sep 2020

      Upgrading the big site is hard for multiple reasons. One is that every new feature has to be upgraded to the same level as the other existing features. E.g. if I had a basic feature at level 500, if I activated a level 1 feature user happiness would drop.

      1 reply 0 retweets 1 like
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    8.  🐈‏ @a_yawning_cat 9 Sep 2020

      Reminds me of how everything Apple does has to be Apple quality. (also, innovator's dilemma)

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    9.  🐈‏ @a_yawning_cat 9 Sep 2020

      Another reason it's hard is because the chain of requirements for the modules necessary for the more advanced features (for more potential users) is difficult to track. I ended up outsourcing huge blobs of it so I wouldn't have to trace through what each employee/group was doing

      1 reply 0 retweets 1 like
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    10.  🐈‏ @a_yawning_cat 9 Sep 2020

      Even though every employee was kept busy, the final output was dependent on the bottleneck. The bottleneck is VERY difficult to track. It moves all over the place from team to team, department to department, especially as things change.

      1 reply 0 retweets 1 like
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       🐈‏ @a_yawning_cat 9 Sep 2020

      The managers in the game r stupid. I could only give them production targets instead of more high level goals like "Make stuff for feature A". I'd have to comb through production plans to track down the bottleneck and often find one time making hundreds of unnecessary stuff.

      10:15 PM - 9 Sep 2020
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        1. New conversation
        2.  🐈‏ @a_yawning_cat 9 Sep 2020

          Marketing is very slow relative to the world population. E.g. something like 20k users a day is huge from a absolute sense but slow at the millions/billions of users level.

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        3.  🐈‏ @a_yawning_cat 9 Sep 2020

          Marketing is like watching a plant grow. The user base grows over years and years. This was actually surprising to me. I had a mental model in my mind where getting front page on reddit or something would max you out on all potential users.

          1 reply 0 retweets 1 like
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        4.  🐈‏ @a_yawning_cat 9 Sep 2020

          Between marketing (actual users), development (potential users), and sysadmins (hosting) I felt like I was managing "streams of growth". Marketing always had to have room to grow so development had to keep pace. Hosting had to keep pace with usage.

          1 reply 0 retweets 1 like
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        5.  🐈‏ @a_yawning_cat 9 Sep 2020

          You have to manage all 3 and make sure that each is not bottlenecked by the other. Locking one of them down would make management MUCH easier but affects the maximum growth rate.

          1 reply 0 retweets 1 like
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        6.  🐈‏ @a_yawning_cat 9 Sep 2020

          E.g. I had 80M users with 26 years of work. That's really bad compared to say facebook/instagram/tiktok.

          1 reply 0 retweets 0 likes
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        7.  🐈‏ @a_yawning_cat 9 Sep 2020

          A good marketer is really amazing. Most of the time my marketer was just making components for marketing campaigns. In the game, once you create a campaign you just add/subtract money from it so the marketer doesn't have to do much.

          1 reply 0 retweets 1 like
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        8.  🐈‏ @a_yawning_cat 9 Sep 2020

          I had 2 marketers at the end. I could probably have done with 1. They come in really handy for new websites since I had enough money to throw at expensive campaigns. I'd just use them once to create a high level campaign module like TV or podcast (vs lower level ones like ads)

          1 reply 0 retweets 1 like
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        9.  🐈‏ @a_yawning_cat 9 Sep 2020

          My largest 40M users site was ranked 8 out of 11. I acquired 2 competitors. Valuations was half a billion dollars. The #1 was Friendbook with 2B users and an 18B valuation.

          1 reply 0 retweets 1 like
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        10.  🐈‏ @a_yawning_cat 9 Sep 2020

          Still room to grow but it gets really repetitive and grindy. I simply didn't want to deal with the complexity.

          1 reply 0 retweets 1 like
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        11.  🐈‏ @a_yawning_cat 9 Sep 2020

          I wonder if all companies at a high level are just resource management games. CEOs for e.g. feel like variations of Business Man. When I added additional sites like an e-commerce store and video streaming site the only change was more complex developer/designer management.

          1 reply 0 retweets 1 like
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        12.  🐈‏ @a_yawning_cat 9 Sep 2020

          The bulk of the work, maximizing growth, scale, profits, etc... via marketing/sales/data-centers/outsourcing-for-critical-bottlenecks/etc... took up most of my attention.

          1 reply 0 retweets 1 like
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        13.  🐈‏ @a_yawning_cat 9 Sep 2020

          Anyway... revenue snapshot right before I bought out all the investors, transferred 100M to my bank and left the company w/ a 10M warchest.pic.twitter.com/MI4pVO6zI1

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        14. End of conversation

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