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patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

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Patrick McKenzie

@patio11

I work for the Internet, at @stripe, mostly on accelerating startups. Opinions here are my own.

東京都 Tokyo
kalzumeus.com
Joined February 2009

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    Patrick McKenzie‏ @patio11 6 Aug 2018
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    A useful set of intuitions to develop: 1) Why does this business work? 2) What does this business working tell you about the wider world? There's basically nothing in the economy where the answers to these two questions are boring. e.g. secure document destruction services.

    5:04 PM - 6 Aug 2018
    • 92 Retweets
    • 532 Likes
    • Dan Skiy Retina AI Inc Ronald Rangel dylan koji-cheslin Ada Nguyen Taras Frank Noor Al-Hajri Julia Karofio
    6 replies 92 retweets 532 likes
      1. New conversation
      2. Patrick McKenzie‏ @patio11 6 Aug 2018
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        "What?" Every mid-sized city in America, and up, supports firms whose business model is "We will send someone trustworthy out with a truck to your office, pick up a bunch of paper, and then bring it to our office to destroy while—importantly—not losing it or looking at it."

        2 replies 5 retweets 65 likes
        Show this thread
      3. Patrick McKenzie‏ @patio11 6 Aug 2018
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        The fact that that is a thing that exists in the world surprises a lot of people. The fact that that business is lucrative enough and stable enough to employ people doing it every day in every city should suggest something to you about e.g. our relationship with paper.

        9 replies 4 retweets 88 likes
        Show this thread
      4. End of conversation
      1. New conversation
      2. Scott Cale‏ @scottcale 6 Aug 2018
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        Replying to @patio11

        As an aside, I worked at a place once where "trucking it away" wasn't good enough. They opted to pay extra to have the shredder be in the truck. So a trusted security employee could visually confirm everything shredded without the truck guy looking at it.

        2 replies 0 retweets 8 likes
      3. Scott Cale‏ @scottcale 6 Aug 2018
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        Replying to @scottcale @patio11

        The irony was that 99% of it was massive daily reports that we're completely ignored by their recipients. And I mean foot-thick stacks of paper per report.

        0 replies 0 retweets 5 likes
      4. End of conversation
      1. New conversation
      2. IAN LANDSMAN‏ @ianlandsman 6 Aug 2018
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        Replying to @patio11

        Ppl I share office have this service, though the box you put the docs in has huge opening (for binders, etc). I can just stick my hand in there! But having this service makes ppl feel “secure”. Many biz have imp non-obvious outcomes for the person selecting the solution

        1 reply 0 retweets 1 like
      3. Jack Golding‏ @goldingolding 6 Aug 2018
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        Replying to @ianlandsman @patio11

        Not only feel but are contractually obligated to - regardless of if thats with shareholders, the government...

        0 replies 0 retweets 3 likes
      4. End of conversation
      1. New conversation
      2. Dave Lee‏ @heydave7 6 Aug 2018
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        Replying to @patio11

        Also what’s fascinating is how businesses change to meet or not meet the changing world.

        1 reply 0 retweets 1 like
      3. Carl Fyffe‏ @sixty4bit 7 Aug 2018
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        Replying to @heydave7 @patio11

        Sears is my favorite example of this. They ruled retail and now are barely staying afloat.

        0 replies 0 retweets 0 likes
      4. End of conversation
      1. krish‏ @krishkhubchand 6 Sep 2018
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        Replying to @patio11

        I think I've learnt more about how economies work from you than I have from 99% of economists I've followed...

        0 replies 0 retweets 0 likes
        Thanks. Twitter will use this to make your timeline better. Undo
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      1. New conversation
      2. Quench‏ @nhlanziyomlilo 19 Aug 2019
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        Replying to @patio11

        Thanks. @threadreaderapp "unroll"

        1 reply 0 retweets 0 likes
      3. Thread Reader App‏ @threadreaderapp 19 Aug 2019
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        Replying to @nhlanziyomlilo

        Bonjour please find the unroll here: Thread by @patio11: "A useful set of intuitions to develop: 1) Why does this business work? 2) What does this business working tell you about […]" https://threadreaderapp.com/thread/1026620150722646016.html … Share this if you think it's interesting. 🤖

        0 replies 0 retweets 0 likes
      4. End of conversation

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