imagine shooting down the spy balloon and it explodes in a giant cloud of pink smoke and glitter and then you hear a family in the distance cheering
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Matt Zieger
@mattzieger
Negative externalities are the root of all evil.
Matt Zieger’s Tweets
My son’s favorite little mind blowing factoid:
Nintendo was founded in 1889 and
Picasso was alive in 1973
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Precisely why it’s so important that we have a more diverse array of capital allocators.
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At best, investors are editors of the future. But they are definitely not the authors. twitter.com/mwseibel/statu…
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At best, investors are editors of the future. But they are definitely not the authors.
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As an investor, my hindsight insights are amazing. I’m savant at explaining trends that have already happened. I can sound smart in any conversation about the past. But what will happen in the future? That’s what founders figure out - not investors.
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Everyone underestimates Mount Washington. Only 6,288’ of elevation and it’s incredibly unpredictable.
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BREAKING: Wind chill reaches -104° F on Mount Washington in New Hampshire, becoming the coldest ever recorded in the United States
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I must have caught just the right time after a legislative session as my pre-check line was filled with multiple senators and house members.
Here to confirm that even Senators get randomly searched by TSA.
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Best illustration of Auth/Capture/Settlement model for card payments that I've seen in a while.
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Let us see how a typical credit card transaction works.
There are 3 steps - Authorization, authentication and settlement.
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Takes ~3 years of ~50% growth for today's fastest growing public SaaS companies to grow back into previous peak valuations.
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The saddest part is this guts the team of the best leaders in the ranks, lessening the ability for the organization to perform over the long term.
Bad leadership is a cancer.
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A hilarious aspect of corporate life is that we invent all sorts of structure & process to try to make 2 teams collaborate better together, hardly ever acknowledging the actual problem that the leaders of those 2 teams don’t actually get along and/or have conflicting incentives.
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See Workers as Workers, Not as a College Credential — a window into the important movement to value career and life skills apart from college credentials.
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Hear me out.
Calendly, but with a docusign workflow for easy group scheduling.
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This is honestly a favorite phrase and now I’m questioning everything.
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Saying “thank you in advance” in a professional email is choosing violence
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Surge In Remote Working Fuels Record Employment For People With Disabilities
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Sometimes you need to look at the big picture: It's been an incredible rebound from the 2020 pandemic recession.
The US has recovered all output lost in the crisis and gotten back on trend.
GDP
2022: +2.1%
2021: +5.9%
2020: -2.8%
washingtonpost.com/business/2023/ via
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Over 1 million unique learning credential types in the US. A huge market opportunity for standardization and simplification and clarity.
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A new report from @CredEngine estimates that there are 1,076,358 unique #credentials in the United States. The credential landscape is vast—perhaps larger than many imagined. We need to use these data as a motivator to work towards #CredentialTransparency. bit.ly/3F8YyF1
Going digital: How learning and employment records (LERs) can shape access to quality education and jobs
Real time payroll will be a thing soon.
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Payroll should run daily.
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record rate of business formation post pandemic is incredible in its persistence.
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Exercising 150 minutes per week for 4 months is equally as effective as taking an antidepressant for depression, review finds.
Get outside and get moving.
Start small and easy. For many, a walk is enough when you are starting.
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Great thread.
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Here is an unknown (until today) story that Warren Buffett told me when I was 21.
It has to do with the first ever lawsuit he was involved in. It is not previously reported anywhere, online or offline, and inspired me to change the direction of DoNotPay:
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First day at , the philanthropy spinning up out of . Already seeing the potential for this org to revolutionize economic mobility through it's radically transparent, collaborative, risk tolerant and data driven approach. 📈🚀💵
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Stripe will now be "processing a significant portion of Amazon’s total payments volume across its businesses, including Prime, Audible, Kindle, Amazon Pay, Buy With Prime, and more."
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Today, Stripe takes its decade-long partnership with Amazon to the next level. We’re now expanding our collaboration to power global payments for Prime, @audible_com, @AmazonKindle, and Amazon Pay. stripe.com/newsroom/news/
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There are cities that build lots of housing and where housing is cheap (green).
There are cities that build little housing and are expensive (purple).
There is no city in America that builds lots of housing and is also expensive. That giant red box is completely empty.
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People make entire careers out of this.
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Some favorite survival tactics of managers who don’t actually know how to make impact:
- Need a re-org
- Must hire for a key role
- Need to fix another function
- Have a severe staffing shortage
- Organize a Strategy Summit
- Need a re-org
Can often survive for years this way.
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This is actually a pretty ideal work day for parents. Get in that workout, a good nights sleep, family meal / kid time, and a little burst of productivity to pull it together.
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It's 2023 now and we have something even better!
Thrilled to launch the pre-order for Scaling People, an extremely tactical guide to management and company building by — ’s former COO and current Corporate Advisor: press.stripe.com/scaling-people
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It’s 2019 and we still don’t have a management course taught jointly by Chick-fil-A, Waffle House, and Bill Belichick
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Some great parenting advice in this thread.
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Older Dads of Twitter, what advice would you give to your younger self about raising a family?
More kids, off grid, different discipline style, no tech, suburbs, how to spend time, whatever…
Tell us young guys what’s up?
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Humility is a virtue, and it’s also holding women & minority founders back.
People need to realize your value, because bias is telling them the opposite.
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Read this in my head in a Benoit Blanc accent for some reason.
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The Zoo is closed today due to a serious situation.
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Went to a business meeting in running clothes today because I had pre-planned a run with beforehand… and you know what?
I think I’ve finally found the elusive work life balance.
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Significant progress on carbon removal tech!
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Extremely proud to announce: For the first time, we deliver third-party certified CDR services to our first corporate customers, including Microsoft, Shopify and Stripe. We're proud to drive high-integrity standards to build the market. Read more: bit.ly/3vWHa2d
Interesting family tradition to normalize failure and risk.
Who else has rituals like this with your kids, and can you share them?
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When Spanx founder Sara Blakely was growing up, her family would go around the dinner table and share their biggest failures of the week.
“Instead of failure becoming an outcome, it simply became about not trying,” she says. “And that truly is the only failure — to not try.”
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"A letter from our CEO" is an email subject line no one wants to read from the store where you bought one pair of shoelaces, 6 months ago.
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Fed research: The surge in retirements since 2020 "accounts for essentially all of the shortfall" in labor force participation rates
"More than half of the increase in the number of retirees appears to be a direct result of the pandemic." federalreserve.gov/econres/feds/f
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📉 🚨 We've updated the Indeed Wage Tracker through December.
Posted wages slowed again, but are still growing quickly at a 6.3% year-over-year pace. hiringlab.org/2023/01/10/us-
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Noncompetes undermine economic liberty. Evidence suggests they also suppress wages—even for people who aren't bound by a noncompete—and hurt innovation.
In I explain why has proposed banning noncompetes from employment contracts.
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Two remarkable things happened yesterday:
- The U.S. unemployment rate hit its lowest point in 50 years.
- The economy added 4.5 million jobs--the second strongest year since 1940.
You'd think the media would make this major news. Have you seen it? Anywhere?
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A fascinating paper very related to the one above. It uses newly digitized data from the IRS to document that business concentration (measured in sales, assets, net income) has been persistently and monotonically increasing for as long as data is available.
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Labor force participation rate picked up overall and for prime age workers. Good news for economy.
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