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.

This is the legacy version of twitter.com. We will be shutting it down on June 1, 2020. Please switch to a supported browser, or disable the extension which masks your browser. You can see a list of supported browsers in our Help Center.

  • 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 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      "Calling someone to ask them to buy your thing" is a repeatable and predictable technology. Content marketing is similar. "Hoping to get featured on the aggregator" is neither predictable nor repeatable.

      2 replies 2 retweets 37 likes
      Show this thread
    2. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      The unit economics of SaaS are impossibly good relative to selling licenses to software products, which is what most first-time game companies will do (because they're not sophisticated enough to have a free-to-play microtransactions/etc model).

      1 reply 0 retweets 17 likes
      Show this thread
    3. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      The lifetime value of accounts in boring B2B business productivity SaaS, even sold on the low-touch model, is $300 ~ $5,000++++. The LTV of an indie video game is $1 ~ $15.

      1 reply 3 retweets 27 likes
      Show this thread
    4. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      "It must be harder to sell $5k software than $5 software, Patrick." What if I told you that the exact opposite was true, that purchasers of $5k software made rational decisions, that they were easier to reach in quantity, and that they were better customers to serve.

      1 reply 21 retweets 91 likes
      Show this thread
    5. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      A word about piracy, for fellow SaaS founders: it's a thing which affects videogames. Basically more than half of their customers are thieves and happily steal the product, which they can't prevent because they give every customer access to all their source code. Weird, right.

      3 replies 0 retweets 22 likes
      Show this thread
    6. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      That's a bit sardonic but game companies spend a *distressing* amount of their mental energy budget on piracy, and SaaS companies spend *nothing* because it is *almost impossible* to steal a SaaS product. (Exceptions: credit card fraud and account takeovers. Rare-ish.)

      1 reply 0 retweets 23 likes
      Show this thread
    7. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      Every company operates in an ecosystem. The ecosystem of partners/etc of SaaS companies largely is invested in the success of SaaS companies at the margin, because they get a percentage of the upside. The ecosystem around video games companies? Hive of scum and villainy.

      1 reply 2 retweets 33 likes
      Show this thread
    8. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      If you write SaaS for a living you will not find yourself drawn into any of the "the fights are so vicious because the stakes are so small" dramas which periodically sweep the videogame sector.

      1 reply 1 retweet 27 likes
      Show this thread
    9. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      If you're doing a software business you will find yourself drawn into Business (TM) and you will find that every relationship you have with vendors/clients/employees/etc starts to take on Real Business (TM) characteristics... and that this is normal and expected in B2B.

      2 replies 1 retweet 29 likes
      Show this thread
    10. Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      Meanwhile, expect to have problems explaining to e.g. contractors for videogames "I need an invoice." "A what?" "A piece of paper, with numbers on it, corresponding to what you are charging me, so that I can put it in my books." "Lol make games not books!"

      1 reply 0 retweets 28 likes
      Show this thread
      Patrick McKenzie‏ @patio11 23 Nov 2017
      • Report Tweet
      • Report NetzDG Violation

      You don't have to feel comfortable with the business parts of running a software company as of day one, but you've got plenty of time to learn, and a SaaS business is a great springboard for doing it. A video game business... not so much.

      12:23 AM - 23 Nov 2017
      • 1 Retweet
      • 39 Likes
      • Ran Reichman Matthew T. Villwock Josh Mize razh Cheng Zheng Eyal /// Director Operative_ Daniel Schildt Bridger Maxwell
      6 replies 1 retweet 39 likes
        1. matt‏ @mttjyr 23 Nov 2017
          • Report Tweet
          • Report NetzDG Violation
          Replying to @patio11

          I’ve worked in games for 20 years and a) you’re right and b) omg what do I do now...:/

          0 replies 0 retweets 16 likes
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo
        1. Cynthia Bell McGillis‏ @cynthiamcgillis 23 Nov 2017
          • Report Tweet
          • Report NetzDG Violation
          Replying to @patio11

          My favorite part of this was your use of Business™️. Gonna have to start working that into conversations. 😁

          0 replies 0 retweets 1 like
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo
        1. Mason Gentry‏ @mgentry81 23 Nov 2017
          • Report Tweet
          • Report NetzDG Violation
          Replying to @patio11

          Thankful for these tweet storms, Patrick 👌🦃

          0 replies 0 retweets 1 like
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo
        1. New conversation
        2. Dominik Grabiec‏ @Daemin 23 Nov 2017
          • Report Tweet
          • Report NetzDG Violation
          Replying to @patio11

          If you want to build a video game go ahead and do it as a hobby or join an existing company. If you dream big go for a unicorn like company and use someone else's money.

          1 reply 0 retweets 0 likes
        3. Dominik Grabiec‏ @Daemin 23 Nov 2017
          • Report Tweet
          • Report NetzDG Violation
          Replying to @Daemin @patio11

          My point is that you can make your game, be passionate about it, but also have a business that does boring software to pay your bills. This way your game will remain your game, and not whomever provides the money.

          0 replies 0 retweets 0 likes
        4. End of conversation
        1. supermassive backlog‏ @FakeRyanGosling 23 Nov 2017
          • Report Tweet
          • Report NetzDG Violation
          Replying to @patio11

          For indie games, I don't think it's fair to say that asset quality is judged against AAA titles. I mean, Minecraft is a thing...

          0 replies 0 retweets 0 likes
          Thanks. Twitter will use this to make your timeline better. Undo
          Undo
        1. Jon New‏ @newtang 24 Nov 2017
          • Report Tweet
          • Report NetzDG Violation
          Replying to @patio11

          Do you have any advice for figuring out how to choose a price a new SaaS product?

          0 replies 0 retweets 0 likes
          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