Satyaprem
@Satyaprem007People, Product, Maths, Technology, & Chess | Building @Nojoto, A Storytelling Platform | Ex - @Snapdeal @CNBCTV18Live @TCS
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@RedDevilMenon
@abhishekiyer
True
money obfuscates reality, often when reality is what you need most. now having a few “trend cycles” in early VC to reflect on, its clear that overcapitalized companies struggle to develop the muscle of resourcefulness. pre-PMF product dev should happen w/ resource constraints
OnlyFans P&L (2019-2023, USD) 2023: • $6.6B in user spend • $5.3B paid out to creators • $1.3B in net revenue • $820MM in gross profit • $650MM in operating profit (10% of gross revenue, 50% of net) • All figures up ~20% YoY (versus ~17% YoY in 2022)
Ageing is discomfort in trying new things and comfort in repeating old things.
Startups are turbulent and need war time people. Peace time people are a liability to them.
Storytellers have both a boon and a curse. The boon is their ability to sway people with their stories. The curse is that they often get carried away by their own stories and lose touch with reality.
#FoundersFirst in #Delhi. With a conversation on how #founders integrate #equity and #debt. Satyam @Nojoto talks about how as a founder, one should look at both equity and debt early in the startup cycle. Start of an interesting day! @letsventurein @HSBC @recur_club
Larry Ellison on what made Steve Jobs great “Steve was my best friend for about 25 years. We were neighbors in Woodside and his peacock wandered onto my property and woke me up. His girlfriend had given him a peacock and I came over to complain.” Steve replied: “You don’t like…
Speed of execution is the moat inside which live all other moats. Speed is your best strategy. Speed is your strongest weapon. Speed has THE highest correlation to mammoth outcomes. Those who conflate speed w/ 'thoughtlessness' haven't seen world class execution @ speed. E.g.:
Premature Founder Boredom is a recipe for failure amongst Startups. The goal of a business is to become boring, and until the business becomes boring a Founder cannot afford to get bored. A non-exhaustive list of Deliverables for a business to qualify as Boring - (1) Sustainable…
Nvidia CEO: people with really high expectations have very low resilience. Success in life requires a high degree of resilience, grit, hard work and optimism.
“My will to survive exceeds almost everybody else's will to kill me.” - Jensen Huang, Nvidia CEO Feels right.
Always believe that something wonderful is about to happen. 😊🚀
Peter Thiel and Brad Jacobs observed the same pattern:
Very well said - It’s not just about hitting a full toss, but playing the bouncers on a flat track. - In most cases, it’s about moving the scoreboard in long term wins.
True Story
Product building is a lot like excavation. You discover your product along the way, as you build it and dig deep.
Fantastic market learning. listen to your consumers deeply enough and they will tell you the solution.
if you are not executing like this, it may not even matter! the most important thing here ... consumers are seeing this: a brand that listens, a brand that doesn't waste time, a brand that simply moves fast to do what users ask for. inspiring! everyone must execute with "such…
If you approach the world from lens of curiosity and humility, it keeps on giving.
Those who love to gossip rarely command trust and respect as leaders.
It is just the start where advocacy of creators is slowly taking shape of advertising dollars.
Mind boggling number! "There are 3.5-4 million influencers in India. There is a huge chunk of influencers who are sitting on the brink of content monetisation" By @farooqui_maryam moneycontrol.com/news/technolog… via @moneycontrolcom
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