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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 Mar 6
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    • Report NetzDG Violation

    Patrick McKenzie Retweeted Matthew Guay

    Want to blow your mind? There's a software company for every type of company in the world with white collar (or trades) employees. There is a mini-ecosystem of companies for every... , in fact. There are multiple companies competing for each niche in that ecosystem.https://twitter.com/maguay/status/1235902296111730688 …

    Patrick McKenzie added,

    Matthew Guay @maguay
    You think you've seen all the software, know the broad categories by heart. Then you see a successful SaaS business selling software for people who build countertops, and you rethink everything.
    Show this thread
    5:25 AM - 6 Mar 2020
    • 63 Retweets
    • 354 Likes
    • 無王猶興 lakshmi P Pavitra Kansara Zarco Mokhtar Malik Rosset Hugo Pacheco Sunny ☀️
    7 replies 63 retweets 354 likes
      1. New conversation
      2. Patrick McKenzie‏ @patio11 Mar 6
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        Software is eating ^H^H^H^H^H^H enhancing the world, in fractal detail, everywhere economic activity happens.

        2 replies 3 retweets 55 likes
        Show this thread
      3. Patrick McKenzie‏ @patio11 Mar 6
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        And for every one of these miniature ecosystems there are multiple PE funds and/or rollups trying to buy as many of the viable companies as they can get to say yes.

        2 replies 0 retweets 36 likes
        Show this thread
      4. Patrick McKenzie‏ @patio11 Mar 6
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        "I don't believe you that there is vibrant competition in even tiny niches." Would it surprise you to learn that there were at least five viable firms in "bingo card creation software for elementary schoolteachers" and that I think I was probably #3 by revenue?

        4 replies 7 retweets 122 likes
        Show this thread
      5. End of conversation
      1. New conversation
      2. ЬᏂ​au​ϮᏂ‏ @peroxycarbonate Mar 8
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        Replying to @patio11

        I suspect US companies are now at the point where they're spending enough on SaaS to start actually trying to cut those costs, and most SaaS products can be replaced by standard tools used properly or by open-source alternatives that just require more initial configuration.

        1 reply 0 retweets 0 likes
      3. Patrick McKenzie‏ @patio11 Mar 8
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        Replying to @peroxycarbonate

        What's your favorite open source software for graveyards and how would you recommend someone host it without a technical staff?

        1 reply 0 retweets 2 likes
      4. 2 more replies
      1. Leo Polovets‏ @lpolovets Mar 6
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        Replying to @patio11 @garrytan

        > There's a software company for every type of company in the world with white collar (or trades) employees. Yup, Excel!

        0 replies 0 retweets 16 likes
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      1. Glenn Stovall‏ @GSto Mar 6
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        Replying to @patio11

        As someone who builds software for LTL trucking companies I feel seen 🤗

        0 replies 0 retweets 14 likes
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      1. Laura Roeder‏Verified account @lkr Mar 6
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        Replying to @patio11

        I love this fact! Recently met a guy who runs software to manage swimming pools in gyms - not the whole gym, just the pool

        0 replies 0 retweets 11 likes
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