Matt Mickiewicz
@MattMickiewicz
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Tech investor & mouse jiggler. Previously co-Founder at Hired & 99designs. INTJ with a Questioner tendency. šØš¦
Somewhere warm
Joined September 2008
Been meaning to post this for quite a few years -
mattmickiewicz.com
What might happen if Uber tried to transition to a SaaS business? A fictional story.Ā Imagine a transactional business, like the Uber we know today, going through the transition, and what might...
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Founders often struggle to decipher true level of investor interest coming out of a first VC meeting. Here's a dead simple system: If you hear from them within 0-3 days with next steps, they're interested. If you don't hear from them within 0-3 days, they're not interested.
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One in five workers is a government employee. Should Canadians be worried? The answer is YES. https://t.co/MpSIX99ag8
theglobeandmail.com
Two concerns arise when public-sector employment grows much faster than the private sector
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Crazy that a glass of Guinness has fewer calories than OJ and Skim Milk.
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HOT CHOCOLATE CEREAL that actually tastes like a packet of hot chocolate I donāt know how we did it but itās incredible
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This pitch has been funded to the tune of $70M+ multiple times. Path launched in 2010 with the exact same positioning: friends-only, calm design, 50-person limit based on Dunbarās number. Google tried to buy it for $100M. Valued at $500M at peak. Shut down in 2018. BeReal tried
It feels pretty obvious at this point that someoneās going to make billions building a social app thatās just for friends, no AI slop, no brainrot, calm design, chronological feed and no concept of followers.
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I saw @thisisgrantlee post this on Linkedin and thought it was VERY good: Slackās founder noticed something weird as they grew. Every young PM they hired immediately wanted to hire someone. When he asked why: "That person would do the product management, and I would do
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YC taught us to never take a sales meeting without asking these 7 questions first: 1) What made you decide to take this call 2) Tell me about the problem. How long have you had it 3) How bad is it? Who else does it affect? 4) How do you quantify the cost/impact of this problem
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Instead of adding more features, do this: 1. Launch everywhere (Hacker News, Product Hunt, Reddit, X, LinkedIn, YouTube etc.). Spend a week giving your MVP its best shot. 2. (if #1 didn't take off) ā Rebrand. New name, new logo, new design, new landing page, new headline. Same
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There comes a time in nearly every rocketship startupās life when it hires a bunch of highly charismatic optics-obsessed executives with A+ resumes too quickly. It typically takes the founder(s) 1-2 years to see the mistake and at least 1 year to unwind the mistake. This is
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Three ways a spot a top 1% startup 1. Ambition bordering on āludicrousā @bobmcgrewai (early Palantir, OpenAI): āBoth Palantir and OpenAI were considered ludicrous when the companies were first started." @soleio (early Facebook, Figma, Dropbox): "I was surprised by the ferocity
How do you spot a top 1% startup before it's obvious? @tmrohan and I were curious about a quiet class of employees who seem just as good asāif not better thanāthe most famous VCs at spotting generational companies before they blow up. How do these rare folks keep joining
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Letās take a walk down memory lane and see where all those bold 2025 Bitcoin targets ended up. ⢠JPMorgan: 170,000 ⢠VanEck: 180,000 ⢠SChartered: 250,000 ⢠Tom Lee: 250,000 ⢠Robert Kiyosaki: 350,000 ⢠BlackRock: 700,000 ⢠Chamath: 500,000 ⢠Michael Saylor: 1,000,000 ā¢
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The IRR on this fund is going to be insane ⦠a monopoly on an essential service in a Top 10 city š°
NEW: Last week marked the 17th anniversary of Chicago selling 36,000 parking meters to private investors for 75 years in exchange for $1.15B in cash. The parking meters have since generated $2B for the investors, with 58 years still left on the lease. It is the most infamous
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New Michael Burry interview on $PLTR: āThere are 5 billionaires that came out of Palantir... and the revenue was $4b - so the billionaire to revenue ratio was greater than one and I've never seen before..."
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From 2010 to 2023 the average income of a household increased from $96,900 to $111,600. An increase of 15.2%. This is less that half the rate of increase of their income tax burden which grew a whopping 41.4%
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This is a great piece with some mind-boggling statistics. - At Brown and Harvard, more than 20% of undergraduates are registered as disabled - At Amherst: more than 30 percent - At Stanford: nearly 40 percent Soon, many of these schools "may have more students receiving
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Bending Spoons just bought Eventbrite for $500m. These guys are on an absolute heater buying up 20 year old Silicon Valley companies with no growth. AOL, Vimeo, Evernote, Meetup and now Eventbrite. Everyone talks about the tech PE playbook. They're actually doing it.
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Founders are selling this much equity to VCs per round: Seed: 19.5% Series A: 18% Series B: 14% Series C: 10% Series D: 7.5% But those medians obscure really wide ranges. All data from software startups on Carta, deep tech typically has to sell a little more at seed and A.
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