ethan ding 📊
@TheEthanDing
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cofounder, ceo, product @textql , x-data @BessemerVP , @tackleio , @cal
NYC
Joined September 2019
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Pinned Tweet
Excited to announce that we’ve raised $4.1m, led by
@neo
&
@DCM_VC
, and supported by
@UnshackledVC
,
@WorklifeVC
,
@firsthandvc
,
@pageonevc
,
@jthandy
,
@chrisprucha
,
@sdoow
for TextQL, the Enterprise AI Data Analyst that empowers business teams to execute data driven operations
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Just turned down Google to accept an offer at a startup
Time to make three medium articles, a Twitter thread, and launch my Youtube career on "why I turned down an offer from Google"
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first time seeing parents in 5 years
my dad upon seeing the new york skyline: "this place is way less developed than shenzhen"
when the place you live gets the asian parent treatment 😅
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Guys only want one thing and it's a product role at a thriving B2B Cloud Enterprise SaaS company with predictable cash flows and rapidly expanding TAM
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@jerryxfeng
Yo, you should probably take a break from this arc, it doesn't end well and it's optically horrible.
You're being the definition of this meme right now.
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first meal in New York
the couple at the table next to me are a founder exchanging decks with a vc, who's talking about her recent insurance fintech investment
what then fuck did I leave sf for
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happy grind-harder-bc-you-saw-an-insta-story-of-your-crush-dating-someone-else day for all those who celebrate
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Found real-life Fat Tony that
@nntaleb
talks about in Man Who Solved the Market, telling quants at LTCM that they're goners, whatever their algorithms tell them.
Have to imagine that the description of him was meant to be an easter egg
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Today I learned that the Art of War was the ancient Chinese version of:
"I defeated an army 20x my size. Want to know how I did it? This is a thread about how you can do it too 🧵👇"
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palantir is like 7 years ahead of the curve against databricks, snowflake, and every other player on the modern data stack... and it's not even close
but no one else is building an ontology based data platform
After a bootcamp, engineer at a customer was so pumped he built 85% of an AIP App on a Friday night
Bootcamping is believing.
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We couldn't get access to OpenAI's code interpreter, so we built Ana - your virtual data analyst.
Upload your CSVs and get analyzing - try it now at
Tag someone who needs this and get infinite queries now!
👇Here's what you can do with it today
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@roshanpateI
"... so anyways that's how I went from Goldman to HBS to this VC firm; kinda a non traditional background...
...
oh look at the time, great chatting with you, i have another meeting to hop to, let me know if i can be helpful!
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hi does anyone know any technical founders who are on the verge of burning out and struggling to raise a seed?
would love to hire/acquire them :) they'd be joining an engineering team of 5 all other ex-founder CTOs working on a problem no one's solved for 15 years
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I finally told my parents that I was starting a company today; the same parents that said joining a series B startup was too risky
They were supportive! 😮💨
Biggest weight to be lifted off my shoulders in a long time.
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no one:
genz duder: *throws party*
genz duder: I AM THE FOUNDER OF *name of party* AND A PROFESSIONAL COMMUNITY BUILDER, CONTENT CREATOR AND NETWORK SUPERCONNECTOR
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in a completely unrelated turn from my usual writing topics - met a couple guys who said they were "in no rush" to find the right person, and I disagreed
you should find them ASAP, and you're already going to regret not finding them sooner
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had a guy from mckinsey tell me that their last consulting project was helping another consulting firm figure out what kind of other consulting services they should offer and upskill into
and i asked him if he's trolling
and with no hint of irony, he asked me what i meant
few things funnier than listening to MBAs talk about business ideas
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Team headed to customer onsite
(Yes those are sleeping bags)
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I take back anything negative I've ever said about the potential value of communities
@contrarycapital
's dope
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My friend's going to take a full-time SWE offer from Google if she doesn't find a PM role at a kickass startup in the next month. DM me if you wanna poach her 😉
She's also open to starting in a SWE role and transitioning into PM after a few months!
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just exited (my five year relationship)
looking for my next thing (recommendations for a red pill youtube community to turn into my entire personality)
pls give me recs
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dear
@TextQL
competitors
if you really want to get access to our system prompts bc your product doesn't work
you could just ask us nicely c:
a ceo pretending to be the intern is a first though
👇 system prompt in thread 🧵
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🎉 EXCITING NEWS: Ana by TextQL just launched on Product Hunt!
🔒 Imagine code interpreter, but we don't use your files as training data or violate data privacy
We'd appreciate your support - check us out and share your feedback in the comments!
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28 months ago
@justinaachuaa
added me to a random internet group chat
now - i met my cofounder through it, half our engineers are from it, and we're getting office space from another founder in it
something something about the power of internet serendipity
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came home to dumpings!
(she’s mad that the grapes were too expensive)
first time seeing parents in 5 years
my dad upon seeing the new york skyline: "this place is way less developed than shenzhen"
when the place you live gets the asian parent treatment 😅
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Unqualified opinion weakly held incoming, but I don't think LangChain and LlamaIndex are set up for success - it reminds of this fantastic article:
how can we know what LLM infrastructure is going to look like when no one has built a good LLM application
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sell something
try to build it
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The early-20-year-old urge to make prescriptions about how to run billion-dollar companies despite having absolutely no relevant experience to running billion-dollar companies.
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could
@Kalshi
offer markets on startups failing by X date - something that functions as a short-seller market
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Must be something about Christmas - I currently know 3 technical founders looking for good nontechnical founders
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Hello friends, I'm so excited to finally have an answer to "what did you even do at
@BessemerVP
for a whole year?"🤪
HUGE-SHOUTOUT to
@mcadonofrio
for bringing me in, making my whole career, and hitting this homerun that we poured a year of sweat into!
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Feels like a ton of founders in my generation didn’t hear the second part of “overnight successes are 30 years in the making” (nvidia)
@gdb
watched left stripe in 2015 and watched stripe rocket w/o fomo for 6 years before chatgpt
Conviction…
I know people that have worked on things for 3+ years
Minimal funding, minimal traction, no real signs of life
How do they keep going? Just sunk cost?
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this guy put deloitte, python, postgres and quickbooks on the same "market map" lmao
i showed this to one of our engineers
engineer: "this is probably what the typical mckinsey consultant thinks ai means"
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.
@profgalloway
redemption arc
If you had taken positions in every company he posted, you would've outperformed the S&P by 63% only thanks to Tesla
BUT he was right about 12/15 of the companies he called out, and excluding Tesla you'd be down -55% on the S&P today
Overvalued unicorns:
— Pinterest
— Snap
— Twitter
— Peloton
— Slack
— DoorDash
— Lime
— Palantir
— Uber
— Compass
Will lose 80% or disappear:
— Tesla
— WeWork
— Robinhood
— Lyft
— OYO
#nomercynomalice
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ai/data acquisition bingo was not the Monday I expected
@tryramp
acquiring
@CohereHQ
@thoughtspot
acquiring
@ModeAnalytics
@databricks
acquiring
@MosaicML
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Closed our biggest contract to date today but I’m a week late on finishing my pitch deck + investment memo
Can’t tell if this is good prioritization or poor prioritization
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Saw so many people in person that I'd previously only seen online last night...
I forgot how short people are
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cofounder just found out openai has been charging his personal card for the entire lifetime of the company existing
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Been a long time since I last heard someone call themselves an "inventor"
When I was a kid that's all I wanted to be... Daedalus, Tesla, Da Vinci, I wanted workshop to crazy gadgets with blueprints all over the walls
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Fuck me looks like the recruiting market for ex-founders is heating up
DM me if you want to exclusively work with a whole team of people who have each either raised $1m+ or been a god tier programmer since high school
I gotta get better at hyping ourselves up cus I’m so used
6 out of first 10 early customers became our angel investors for
@octolane_ai
.
We are only getting started, I am recruiting ex founders to join our team just the way Rippling did.
People think we ship fast, wait until my co-founder lands at SF.
Glad that he will have at least
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Investing in creators on
@BitClout
is very high-risk
For non-crypto natives, investing in creators, in general, could be made less risky
This weekend, we won the
@contrarycapital
hackathon with the $BNC100, an index of top
@Bitclout
Creators
More below 👇
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basically every younger investor i meet feels like someone who's maximizing for optionality and clout
but the occasional people who are obviously in it for the game stand out super hard that it never even occurs to me that they care about clout
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ai company domains:
(moved from )
(moved from )
notice the lack of ".ai" domains
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she just said crypto insurance and lending are interesting spaces
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@eIizabethai
@cunninghamkaito
@beondeck
@Jason
No we're all computer-generated twitter accounts run on a GPT-3 backend, the pictures are also computer generated
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.
@tryramp
's software engineer applications have a CTF challenge built into them
what other interesting job application challenge have you seen?
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@lindynap
isn't the implication here that your current employer is a great employer, and they're not short-changing you and valuing you properly?
that's pretty rare to find in an employer I think
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today i learned that most people don't even "just show up"
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anyone who's ever done any sport ever knows this is not true at all
your curve will never be steeper than if someone slightly better than you is in your face every day. you will improve faster playing with better players - you will stagnate if you're the best player you know
Some ppl use this tactic of picking a rival and making that their competition to give them motivation. If you need motivation, you've already lost.
In life and in business, your only competition is in the mirror
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50% of the time I say I’m a shitty founder of a shitty data startup
50% of the time I say I’m trying to eliminate 900,000 jobs and make 4 billion dollars doing it
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Why would I ever tell people that my dad's a professor and I went to private school and all I ever had to do to succeed was show up...
When I can talk about how my parents read their textbooks by candlelight in a rural village before moving to the US with no savings? 🤔🤔🤔
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enterprise startups are:
3 well-conected non-techs w/ no engineering team racking up $100M in LOIs
or
3 super stacked engineering people who are trying to cold email their way into enterprises
obviously team 1 wins, also obviously: team 1 is going to build a shit product.
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that said - anyone want to do a bi-weekly accountability group on writing and publishing an article once every two weeks for 52 weeks?
publishing on time will be a requirement for recurring invite. if you don't publish, you'll be removed. expect high churn on week 2
@steviemctweets
feels like it's important for accountability groups to be centered around a topic - otherwise you lose a lot of the synergistic qualities
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feel like being in a long-term relationship is a very strong positive predictor of founder quality
- willingness to commit
- sticking to commitments you make
- communication w/ partner you spend an immense amount of time with and MUST resolve conflicts with
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This morning, every tech bro group chat is suddenly filled with experts on banking policy, FDIC insurance, and treasury bonds.
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i've been in a lot of fellowship programs, but the way
@neo
treats its members feels uniquely nontransactional, in a way that isn't immediately intuitive and i've only appreciated more over time
cool peepo c:
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"hey girl, so basically, I was leading the most viewed Twitter space during this bid where we pooled a bunch of crypto money to buy a copy of the US constitution, but the FBI outbid us. Anyways, tomorrow at 5pm I'll be running a DAO tutorial wanna come over?" ~ some Cal bear
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What the fuck
Our first sales calls were in mid-April.
Literally, all of the work we've done has been in the past 3 months.
I always feel like we're working at a crawl but 90 days ago we had nothing.
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Just accepted my offer to join the first
@beondeck
Catalyst cohort this summer
props to
@ani_pai
&
@shriyanevatia
for putting this together, join me this summer here at
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have mostly seen people clown on the Google I/O event, which props to the OpenAI team for nailing the marketing war against... but Google fucking bodied this launch
but Google doesn't seem to be missing on this one.
1. bard is way more stable across devices than chatgpt is
2.
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I found my current job at Startup Search O_O
Let's gooo
We gathered 1k new grad & internship roles & are dropping them on our new platform,
@StartupSearch
Apply.
Find every job you want in one place — APM programs, engineering, & more from companies like Stripe, Google, & Ramp.
Sign up at to get first access!
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being a founder is making lunch at 12 and congratulating yourself that you're eating lunch on time... just gotta send that one email...
and now it's 7:13pm, and you're wondering why you're hungry and then finding the cold dish you never took out of the rice cooker 😭
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(I don't say this lightly at all) the single best infra / backend engineer i know is exploring a new opportunity. guy's a total monster - but he's got kids, needs remote work, and isn't as risk tolerant enough to join us on our journey
if anyone is interested DM me :)
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the last time i posted, we hired 2 monsters, and tried to hire 3 others who've since started smt again
so again: if anyone knows technical founders who've recently shut down & are looking for a new home - we'd love to welcome them to a team of ex-vc-backed-CTO-founders c:
hi does anyone know any technical founders who are on the verge of burning out and struggling to raise a seed?
would love to hire/acquire them :) they'd be joining an engineering team of 5 all other ex-founder CTOs working on a problem no one's solved for 15 years
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Gonna be in NYC form from 23rd to Aug 1st
who wants to be my frendo
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How possible is it for me to meet EVERY SINGLE person in the ODC fellowship over the summer?
@shriyanevatia
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this man created a community that helped me hire half my fucking team
@TheEthanDing
@neo
@DCM_VC
@UnshackledVC
@WorklifeVC
@firsthandvc
@pageonevc
@jthandy
@chrisprucha
@sdoow
congrats ethan, we're rooting for you!
hope you have lots of fun along the way :)
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a college sophomore just did the programming take home before booking his interview [it was meant to be a preview of afterwards]
the same take home engineers w/ years of experience have said it's too long
wtf
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I was raised with recession/market downturn/scarcity values...
I'm not well calibrated for the lifestyle of living in bubbles.
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nothing gives me the ick as much as hearing another person say "i'm looking for pm or strategy roles" as an early career person
this is problematic, because i was that person... i may still be that person...
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spoke to 6 phenomenal and absolutely legendary potential hires in the past 48 hours and every single one of them is considering starting a company and that's the hardest thing to ever try to win over
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met a guy today who said he "wants to extract as much money while doing as little work as possible"
i asked him if he cares if he produces any value?
he said "no... shouldn't everyone want to do this?"
still reeling at how upfront someone can be about being a parasite
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You know you have found product market fit when you casually tell a rando at dinner about
@tackleio
, and 3 intros later their company's bought your product...
and it's a b2b enterprise product
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there are probably more olympic medalists than successful startup founders by one... maybe two orders of magnitude
everyone takes it for granted that you can work 12 hours a day (including food, strategy, etc) for 18 years straight - and still not get close to gold
but for some
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@samuel_spitz
google analytics for physical retail
your storefront is a landing page
bulid cameras that track foot traffic
track users looking at your store front
users going in
conversion rates
bounceback rates
sell to commerical real estate firms to help them advertise
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we've been weaving notebook native cells into a chat-native interface to create an experience that drills down into this realization
cool to see everyone else agrees
I think notebook-like UIs are the best medium for generative AI rn. Notebooks are rich in context & context-aware by design, familiar, and inherently exploratory
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College friends talked about wanting to own a boutique brewery
My gf talks about wanting to own a small makeup brand
meanwhile in tech:
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super interesting idea, i rabbitholed hard on pricing for a while (vendr/commodity markets/simon kucher). pricing-startups don't really exist bc where they can be done well - they converge to being a market maker / trading firm
the more liquid a market is, the more accurate the
what do u guys think?
i have a dataset from a former interview i can practice on 🤠
im still building the dating app 🫶 this is just for fun
cc:
@_buildspace
@_nightsweekends
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if beethoven tried to maximize the velocity-to-lambo, we wouldn't have moonlight sonata. if feynman tried to maximize velocity-to-lambo... if steve jobs... we wouldn't have the iphone
if you're one of the few people on the planet gifted w/ the ability & opportunity to create &
I was once in two CEO forums at the same time. Basically a group of founders who got together regularly to commiserate and help support each other on the journey.
The first group were a bunch of hard-charging, venture-backed founders who were running companies with valuations
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you replace ERPs by building vertical modules on top of them piece by piece in a collaborative way - eventually setting it up so that the workflows only exist in your system and your UI just uses the ERP itself as a database.
this process will take years - but in the process
Every enterprise founder wants to re-build the ERP. Low NPS, high ACV, and sticky.
What are some startups in this space? Will we see NetSuite, Oracle, SAP be replaced in the next 10 years?
Seems like the best approach is verticalization.
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i forgot that if you shill palantir you get infinite retail investors gassing you up
palantir is like 7 years ahead of the curve against databricks, snowflake, and every other player on the modern data stack... and it's not even close
but no one else is building an ontology based data platform
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market maps that put traditional data infra like fivetran or informatica on the same map as anthropic or chatgpt feel... really bad and i'm shocked it keeps happening
LLM training data vs snowflake-warehouse data mean two entirely unrelated things - that they both use the word
What areas in the data layer have the most immediate opportunity to be re-invented due to AI? 🤖
We’re seeing innovation across:
•unstructured data extraction and pipelining
•RAG
•data curation
•data storage
•AI memory
Check out our
@felicis
deep dive⬇️
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