Jitha Thathachari π
@jithamithra
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Investor (15+ startups, 3 10x-es so far π€) β’ Operator β’ Deal-maker β’ I tweet about startups, management, and closing deals β’ Writing: https://t.co/zwwKVQG4co
Singapore
Joined April 2009
My app had only 20K users. No matter what I did, that number didn't budge. Until suddenly: I found a way to grow to 200K+ users in 1 month. With 2 devs and zero funding. The silver bullet? Theory of Constraints. 4 steps to feel limitless (or get damn close). π§΅in 11 tweetsπ
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https://t.co/7Cytqyy8fV Good to know that this is standard advice in at least some quarters π
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Oh wow, half of all VC funds return less than 50% of what people put in! Yikes!
Heard from LPs this week: Latest Cambridge Associates VC benchmarks out (Q3 β24). 2015 Vintage Funds DPI Median Fund: 0.49x Upper Q Threshold: 1.13x Top 5% Threshold: 2.66x #choosewisely
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How people use ChatGPT. (Mildly disappointed that the numbers on this chart add up to 100% properly, to be honest)
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Now this is the kind of progress I can get behind. Invention of the decade!
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When my bro was young, he never could keep secrets. The moment we felt he was hiding something, we'd say "Whisper it in my ear". And bingo, out the beans would spill. I'm reminded of that every time someone says "Oh we've signed an NDA. Why don't you give me your sales numbers?"
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The largest living organism on Earth is... a humongous fungus? Would feel so weird walking in the Blue Mountains, knowing that this massive thing is just under me π³ HT @LibertyRPF
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Gee, what could have happened in Nov 2022 to cause this massive impact on youth employment?
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Nothing teaches you the non-intuitive logic of queues as much as when one of the two elevators in your building stops working. Two elevators = civilized society One elevator = immigration at JFK
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@ZachWeiner Reminds me of what @SeekingN0rth said about happiness as "stored value" in your personality.
Framed this way, you can't "try" to be happy. You can't use tactics to become happier. I mean - you can, but it won't last. Instead, try to become a person who's always happy. Work at the level of identity - kinda like what @JamesClear says about creating habits that stick.
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Said another way, happiness is not due to things that happen to you. Happiness is due to who you are. (via @ZachWeiner )
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βRunning a business, it turns out, is harder than telling somebody how to run a business.β - John Malone, and every ex-consultant turned operator.
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Reminds me of @ATabarrok on The Real Secret of Blue Zones
5οΈβ£ Are Blue Zones a "Garbage in Garbage Out" phenomenon? Reminds me of of what someone said: "Every statistic is an overworked local official manually putting down whatever he damn pleases" via @ATabarrok
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The number of centenarians in Japan more than doubled this year. What are the odds this is just an artefact of bad record-keeping exactly a year ago?
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Reminds me of @itsurboyevan 's Double-bind Theory. Social media platforms are incentivized to boost controversial statements. Further skewing your view of reality if you're from around here.
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I know we forget this sometimes, but social media is not reality. Almost all of us are boring normies, with normie beliefs.
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I don't know how this data was calculated, but it's a good reminder: Always be looking for an exit. You never know when it'll be the only choice you have.
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