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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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    1. Patrick McKenzie‏ @patio11 29 Oct 2019
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      Patrick McKenzie Retweeted

      One thing I love about having writing on the Internet is that I can look back and see how I did on predictions. 10 years after this one: I think I'd still endorse virtually everything I said here. (Though Facebook closed gap with Google much more than was apparent.) https://twitter.com/susheelsunil/status/1189377816271261698 …

      Patrick McKenzie added,

      This Tweet is unavailable.
      3 replies 13 retweets 111 likes
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      Patrick McKenzie‏ @patio11 29 Oct 2019
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      Facebook is one of my all-time misses, btw; I have a number of comments from 2004 to 2009 where I comprehensively misunderstood their plans. (Overindexed on them starting with college students, thought ads to college students couldn't possibly be worth enough money to justify it)

      9:28 PM - 29 Oct 2019
      • 29 Likes
      • Rahul Ramchandani Jesin🌹 Finbarr Timbers Adriaan van Rossum from Simple Analytics warning: tweets unrelated to news Mike Rogers, CPA Garry Tan susheel 🌻 “Social Distancing” is a stupid phrase
      7 replies 0 retweets 29 likes
        1. Patrick McKenzie‏ @patio11 29 Oct 2019
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          "What about Bitcoin?" I acknowledge that when Bitcoin was $17 I said it had no use case, should be worthless, and likely would be at some point in the future. No evidence has come up which would make me change my view. (Though *my* is it taking a while.)

          7 replies 0 retweets 83 likes
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        1. Adriaan van Rossum from Simple Analytics‏ @AdriaanvRossum 29 Oct 2019
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          Replying to @patio11

          Thanks for sharing your misses as well!

          0 replies 0 retweets 1 like
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        1. Aaron Wall‏ @aaronwall 29 Oct 2019
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          Replying to @patio11

          seeing Facebook as the future of the web when one participates in multiple deep & eclectic community sites is refuting one's own daily experiences. very hard to do.

          0 replies 0 retweets 1 like
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        2. &‏ @financemultiple 29 Oct 2019
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          Replying to @patio11

          You are not the only one. I missed fb, and while i was market weight or close to it in appl. I never believed the story. Still dont. Must be a bad bias i have from my first ipod not connecting to my pc.

          1 reply 0 retweets 0 likes
        3. Bemmu Sepponen‏ @bemmu 29 Oct 2019
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          Replying to @financemultiple @patio11

          Remember seeing some Facebook stock on sale on some private employee stock selling site, valued at $1B and I figured that although it's getting popular, there's no way it's worth $1B ..

          0 replies 0 retweets 1 like
        4. End of conversation
        1. Mike Rogers, CPA‏ @MillennialMike7 29 Oct 2019
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          Replying to @patio11

          Will never be right 100% of the time. Good for you to acknowledge and learn from missed prections. Also, fantastic write-up on Tether!

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        1. James Timmins‏ @JamesTimmins 29 Oct 2019
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          Replying to @patio11

          It's only *really* a miss if you had a chance to invest. Otherwise it's just free learning.

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        1. Aaron Wall‏ @aaronwall 29 Oct 2019
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          Replying to @patio11

          many people who were routinely & deeply embedded in tight niche community sites perceived Facebook as overly broad, shallow & banal. the decline of feed readers, blogs, indy web, etc. consolidated attention on a few social feeds much like winner takes most in search.

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