Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.

For the best Twitter experience, please use Microsoft Edge, or install the Twitter app from Microsoft Store.

  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
patio11's profile
Patrick McKenzie
Patrick McKenzie
Patrick McKenzie
@patio11

Tweets

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

Tweets

  • © 2020 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Imprint
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Patrick McKenzie‏ @patio11 Feb 1
      • Report Tweet

      Patrick McKenzie Retweeted Mason  🏃🏻 ✂️

      Retweeted for endorsement. It's so effective it feels like cheating.https://twitter.com/webdevMason/status/1223723933959983104 …

      Patrick McKenzie added,

      Mason  🏃🏻 ✂️ @webdevMason
      Most people never, ever forget the first person to give them a sizable advance on their own self-confidence — there's no greater security in life than being a serial enabler of wonderful young people
      Show this thread
      2 replies 21 retweets 268 likes
      Show this thread
    2. Patrick McKenzie‏ @patio11 Feb 1
      • Report Tweet

      "Hello can I offer you an extremely large basket of high-variance options." "I suppose that depends on the price." "Oh it's a coffee or email each." "Wait, what." "Yeah nobody wants them." "The world is mad." (Also feels like the right thing to do, but that doesn't get it done.)

      2 replies 5 retweets 87 likes
      Show this thread
    3. Patrick McKenzie‏ @patio11 Feb 1
      • Report Tweet

      Is the financial angle helpful here? *shrug* Conceptually speaking: helping someone out in a very minor way gives you some exposure to their future upside. Basically everyone underestimates how much people can grow/accomplish in, say, 10 years, particularly among outliers.

      1 reply 5 retweets 82 likes
      Show this thread
    4. Patrick McKenzie‏ @patio11 Feb 1
      • Report Tweet

      A thing the financial angle helps with is to the extent you think the metaphor is descriptive of reality you can prioritize where to invest based on how the metaphor is priced. e.g. Options are worth more if they're risky and worth more if long-dated.

      1 reply 0 retweets 27 likes
      Show this thread
      Patrick McKenzie‏ @patio11 Feb 1
      • Report Tweet

      (Risky here being shorthand for "high variance in expected returns of the underlying.") If you gave a choice "Would you rather have 100 CEOs in your network or 100 college students?" assuming low levels of investment in each relationship I think almost everyone picks wrong.

      1:56 PM - 1 Feb 2020
      • 3 Retweets
      • 39 Likes
      • Paul Roales ryan killoran Alec Resnick John Lee Rahul Ramchandani Peter Hatch David Slifka NothingBetter Johnathan Nightingale
      3 replies 3 retweets 39 likes
        1. New conversation
        2. Patrick McKenzie‏ @patio11 Feb 1
          • Report Tweet

          N minutes ago, for the N00th time, someone approaching their first job in industry sent me an email out of the blue with a winding story about their salary negotiation and the question "Should I ask for X or would that be too much?" My advice: pretty predictable. Took 30s.

          1 reply 0 retweets 26 likes
          Show this thread
        3. Patrick McKenzie‏ @patio11 Feb 1
          • Report Tweet

          There are very few future world states in which I will regret the trade "I spent ~2 hours on email in 2020 answering a question which is a bit below my paygrade. Now, in 2030, 250 geeks walk around every day attributing $Y of their salary to me. The are not in first job anymore."

          1 reply 1 retweet 47 likes
          Show this thread
        4. Patrick McKenzie‏ @patio11 Feb 1
          • Report Tweet

          I apologize for sounding mercenary about this. Call it a lens to bring to the table. It feels obvious to me, at a primal level, that of course one would welcome questions from people getting started, but many folks do not share this intuition, so maybe the sketched math helps.

          2 replies 0 retweets 41 likes
          Show this thread
        5. Patrick McKenzie‏ @patio11 Feb 1
          • Report Tweet

          YC is a staggeringly successful business and I would attribute at least tens of percent of it to the market consensus in Silicon Valley previously being "If you can't find an intro to me you're not worth my time to talk to" and pg et al saying "Any geek any time any way."

          1 reply 5 retweets 77 likes
          Show this thread
        6. Patrick McKenzie‏ @patio11 Feb 1
          • Report Tweet

          I do not think that YC will be the last or largest success built off that (or similar) insights.

          4 replies 0 retweets 34 likes
          Show this thread
        7. End of conversation
        1. Jonathan Blow‏ @Jonathan_Blow Feb 1
          • Report Tweet
          Replying to @patio11 @webdevMason

          Well, you are backing this up with an example of heavily prefiltered college students. If you are talking totally random samples of each population, I will pick the CEOs, for sure.

          0 replies 0 retweets 7 likes
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo
        1. Bewildered Bear‏ @ArturBuchhorn Feb 1
          • Report Tweet
          Replying to @patio11 @webdevMason

          Very good. I did pick the CEOs without thinking much, but by the end of your thread you convinced me otherwise.

          0 replies 0 retweets 1 like
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2020 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Imprint
        • Cookies
        • Ads info