Chris Herd Profile
Chris Herd

@chris_herd

Followers
48K
Following
29K
Media
353
Statuses
15K

Founder & CEO @Firstbase (Aquired by @AppDirect)

Joined August 2009
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@chris_herd
Chris Herd
8 months
Today is a massive day for @Firstbase. We are joining forces with @AppDirect.
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@chris_herd
Chris Herd
11 days
At some point, very soon if it hasn’t happened already, all that matters is access to compute and energy. Countries that have those things will be superpowers. Those that don’t, won’t. Every Country should invest everything it has in sovereign compute infrastructure starting now.
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@chris_herd
Chris Herd
11 days
Saw a tweet yesterday about someone finding the next startup they're ready to spend the next 10yrs of life on . That is the conviction needed to do something great. And most people don't realize 10yrs is the lower bound of how long success will probably take.
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@chris_herd
Chris Herd
13 days
As a first time founder I was initially terrified of potential hires who told me they wanted to build a startup in the future. Thought they'd always be distracted. I was wrong. They took on founder-like ownership of projects. I should of hired as many people like this as possible.
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@chris_herd
Chris Herd
16 days
Risk is the currency of all progress. Most avoid it waiting for permission.Hoping risk will shrink with time.Requiring perfect conditions. Their biggest regret?.Not taking more risk.Not taking it sooner.Not swinging harder.Not dreaming bigger. Not being more ambitious.
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@chris_herd
Chris Herd
17 days
So the IPO window is back open, right?.
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@chris_herd
Chris Herd
21 days
The most important chart globally RE: the race for AI. AI is another – the final? – Industrial Revolution.Refining electricity into human intelligence. Unless we solve this, the West loses
Tweet media one
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@chris_herd
Chris Herd
28 days
Some of the biggest mistakes I’ve ever made was in hiring "experienced" people instead of hungry ones.
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@chris_herd
Chris Herd
1 month
“But it would only apply at over £10M” . So you force founders to leave right at the moment their startup begins to work. This is the average Series A at average ownership for founders . And they have no liquid wealth, and below market salaries.
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@chris_herd
Chris Herd
1 month
And we're proposing taxing paper wealth of founders? Probably not the target of this policy, but the unintended consequences of it will kill any possibility of startups being built in the UK.
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@chris_herd
Chris Herd
1 month
I never had a salary for 3-4 years, I couldn't afford flights to London to raise money. I was staying in 24 bed hostels above nightclubs to even have a chance at pitching investors.
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@chris_herd
Chris Herd
1 month
Firstbase raised ~$2M at ~$10M post-money as a seed round. I owned the majority of the common equity. My liquid wealth at the time? Minus $50-$100K. My wife was putting her salary as a teacher into the company to let us squeeze a few extra months of runway. I'd liquidated all.
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@chris_herd
Chris Herd
1 month
I've never met a founder who has made a decision on whether to build a startup or not based on tax. But this is different – if the UK labour government installs an annual wealth tax founders will leave . Why? If this existed when I was building Firstbase it would *literally* have.
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@chris_herd
Chris Herd
1 month
I used to think winning together was the strongest bond teams could have. What I've actually seen is that the strongest bonds form during near death experiences, overcoming the odds, then winning.
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@chris_herd
Chris Herd
1 month
Something I've found to be universally true: the people you think should be most inaccessible are almost willing to jump on a call or grab coffee ASAP when you share something interesting + relevant to them whereas those you think should be aren't.
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@chris_herd
Chris Herd
1 month
That was my favourite thing about Twitter of old . No matter what, I could guarantee a smart, coherent argument against what I believed – a lot about remote work over the last few years – would counter mine. I obviously didn’t agree with most.But it challenged me to improve.
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@chris_herd
Chris Herd
1 month
Not to just complain without any solutions. Mine has been pretty simple: to unplug. This comes with the consequence of debating and hardening ideas less.
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@chris_herd
Chris Herd
1 month
It’s certainly less interesting to me.So I find myself scrolling mindlessly less.But that also means I engage less and less. I also means I stumble upon new ideas, people, possibilities, an opportunities much less.
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@chris_herd
Chris Herd
1 month
Strikes me that LLMs are now doing the editing for most people. And those edits are leading to harmogeny.
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@chris_herd
Chris Herd
1 month
Most of the good ideas I’ve had in life don’t come out fully formed – they’re edited over weeks/months.
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@chris_herd
Chris Herd
1 month
And with the deterioration, so goes the quality of thinking and ideas.
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