Terry Wang

1.4K posts

Terry Wang banner
Terry Wang

Terry Wang

@TerryWang16

Built software and embedded financial products used by thousands. Working on something new

Toronto Beigetreten Ocak 2013
792 Folgt319 Follower
Terry Wang retweetet
Lulu Cheng Meservey
Lulu Cheng Meservey@lulumeservey·
GO DIRECT: THE MANIFESTO I. TRADITIONAL PR IS DEAD. For too long, founders have yielded control over their narratives to media and middlemen. Before the internet, it was by necessity. The way to reach large audiences was through the media, and the way to get media coverage was through professional publicists. Today, most of the planet is directly reachable by social media or email. There’s no longer a need to go through traditional gatekeepers of information and brokers of reputation — especially as their own credibility has plummeted. The old PR playbook of relying on third parties with misaligned interests is obsolete. But while the world has changed, comms norms have not. Still encased in amber are the old habits: prioritizing media over social media, fishing for clicks instead of fostering communities, and avoiding risk by recycling worn-out tactics. “Corporate communications” itself is now an oxymoron, as nothing meaningful can be communicated by a faceless committee. If press releases read like they were written by a baker’s dozen of middle managers, that’s because they were. Their only discernible purpose seems to be to avoid upsetting anyone and jeopardizing the future job prospects of those middle managers. The resulting stories are bland and generic, with passion reduced to pablum. Traditional comms is an anachronism. II. COMMUNICATION IS THE FOUNDER’S JOB. For a decade, we’ve been told that tech founders are cartoon villains, venture-funded startups are grifts, and new technologies will destroy us all. Maybe there was a time when founders could just focus on building — they were seen by the media establishment as a curiosity, not a threat to the natural hierarchy who needed to be put in their place. But if that time ever existed, it is now long gone. You may not be interested in The Discourse, but it is interested in you. And if you bow out, you are forfeiting your license to build a movement and thus build a company. Building a movement is hard, but it must be done, and it must be done by founders. A founder’s passion, vision, and conviction can’t be simulated by others — least of all the press-release-enjoying middle managers already scouting for their next jobs. The best spokesperson for any endeavor is not the one who has the most polish, the longest tenure, or the “right” credentials. It’s the person who holds the secret knowledge upon which the enterprise is built, the person who can not only describe the idea but, in the face of inevitable opposition, fight for it and win. Founders need to take their narrative as seriously as they take the rockets or robots. They would never outsource their product — and when it comes to convincing others to support the mission, the story is the product. Outsourcing comms is as bad as outsourcing code. As evangelists, founders are irreplaceable. III. GO DIRECT OR GO HOME. Going direct to the people who matter is how founders retain control over their narratives and preserve their companies’ uniqueness. Those who are stubborn, unorthodox, and disagreeable should never have their edges filed down for fear of offending entrenched interests. But going direct doesn’t mean going it alone. It doesn’t mean refusing help or spurning others who can amplify your message. And it certainly doesn’t mean just poasting more. Going direct means crafting and telling your own story, without being dependent on intermediaries. Just as founders might have more natural talents at product, management, or engineering, some founders will be naturals at communicating while others have a harder time. The good news is that going direct and building a movement, while not easy, are skills that can be developed with discipline and time. The bad news is that, unlike with engineering or management, communications failures are immediately public and personally humiliating. It’s not surprising that many are loathe to take on this responsibility. At the same time, founders willing to pick up that gauntlet will find that it gives them a massive edge in recruiting, fundraising, selling, and shaping the information environment needed for their companies to thrive. IV. IT’S TIME TO REBUILD THE ROSTRA. At the center of Rome, as it transitioned from a Republic to an Empire, stood a speaker’s platform from which the city’s leaders would address the public directly. It was called the Rostra, so named because it stood atop the captured battle rams (or rostrums) of enemy warships. From here, speeches were given that would sway opinion, change regimes, and alter history. That physical structure has been lost to time, but we now have something much more powerful: a free and open internet with which to build a speaker’s platform of limitless scale. All we need is the will to build it. The conventional way of communicating has its allure. Outsource your message, let some removed third party go through the motions of getting “impressions,” and spare yourself the risks and discomfort that come with putting your own name on the line. But that way is incompatible with greatness. Reject convention — build your own platform, build your own audience, and build your own narrative. Go direct.
English
446
1.1K
6.9K
22M
jw
jw@jw·
📏 Turns out @figmadesign is a great tool for decks and slides. Since I do most of my presentations in Figma now, I made a series of 16:9 layout grids you can import into your own projects. Here ya go! figma.com/community/file…
English
7
65
752
0
Terry Wang retweetet
Hayden
Hayden@the_transit_guy·
This would literally destroy the North American airline industry. Build the loop. (Updated)
Hayden tweet media
English
274
1.1K
12.3K
1.3M
Terry Wang retweetet
John Li
John Li@jaylbird11·
It took 11 months and 181 investor meetings to raise @Vimcal's last round Fundraising at the bottom of the market... really sucked Here are 5 crucial things to know if you're raising in 2024:
English
45
134
949
457.3K
Terry Wang
Terry Wang@TerryWang16·
Totally agree, best way to do this (thanks mum and dad) is to just be parents who chase opportunity and be high agency people. No need to overthink it - if you’re willing to move halfway around the world (or 4 times in 6 years) to create a better life for your family, your kids will be miles better off. As an 1st gen immigrant kid who’s moved 13 times in <20 years I can 100% attest to the benefits of having to reinvent and reintroduce myself over and over again to completely new groups of people every few years. Same principle here with moving companies/jobs frequently.
English
0
0
0
142
Liz Specht
Liz Specht@LizSpecht·
@paulg The easiest to "engineer," if you're a parent, is to make sure your kid moves at least once during their childhood and has the oppty to remake their identity from scratch. I find this correlates highly with adaptability, resilience, etc.
English
5
0
65
14.9K
Paul Graham
Paul Graham@paulg·
As someone who has spent a lot of time trying to spot them, this is a pretty good list. The interesting question is to what degree it's a recipe as well as a filter. E.g. can encouraging teenage hobbies make people achieve more? It's not impossible.
George Mack@george__mack

How to spot high agency people: 1. Weird teenage hobbies - Teenage years are the hardest time to go against social pressures. If they can go against the crowd as a teenager, they can go against the crowd as an adult. 2. Energy distortion field - If you meet with them when you're tired and defeated, you leave the room ready to run a marathon on a treadmill with max incline. Low agency people do the opposite. 3. Golden question - If you're in a 3rd world prison cell and had to call someone to get you out, who would you call? That's the highest agency person you know. 4. You can never guess their opinions - The boxer that writes poetry. The advertiser obsessed with the history of war. The beauty queen who reads Nietzsche. If their beliefs don't line up with their stereotypes, they've exercised agency. 5. Immigrant mentality - If they've moved from their hometown, that's a good sign. If they've moved from their home country, that's an even greater sign. It takes agency to spot you're in the wrong place, resourcefulness to operationalise a move and a growth mindset to start from zero in a new location. 6. They send you niche content - Low agency people look at the social engagement of content before deeming its quality. High agency people just look at the content. They spot upcoming trends very early. 7. Mean to your face but nice behind your back - The social incentives are to be nice to people's faces and gossip behind their backs. To do the opposite requires agency because they're swimming against the social tide.

English
65
212
2.6K
897.1K
Terry Wang retweetet
George Mack
George Mack@george__mack·
The Midwit Meme: Guide To Life 10 memes more valuable than any life coach:
George Mack tweet media
English
51
475
4.2K
1.6M
Terry Wang
Terry Wang@TerryWang16·
@businessbarista Check out cookin.com - awesome Toronto-based company, just launched in the US, great team. Fact of the matter is that most home cooks suck/don’t want to cook for money (like most car owners don’t want to be Uber drivers) - the 95/5 split between sides works great
English
0
0
0
25
Alex Lieberman
Alex Lieberman@businessbarista·
Half Baked Business Idea: Airbnb for home cooked meals. Problem: Sometimes, I don’t want to cook at home, and I don’t want to go out and eat salty, greasy food that is not good for me. Solution: A platform for great cooks to prepare meals for their neighbors. Neighbors pay for their meal and the home cooks have a new income source. Share your thoughts in the comments below 👇
English
102
9
145
172.6K
Terry Wang
Terry Wang@TerryWang16·
6/ Imagine 1 in 3 people losing an entire month of pay each year just to move. That's why we're building @getcios . 💡🏠 #Cios #proptech
English
0
0
0
89
Terry Wang
Terry Wang@TerryWang16·
5/ Lease terms haven't changed, especially in landlord-friendly states. The 12-month lease (or more) is still the most common. 📝 #leaseterms
English
1
0
1
105
Terry Wang
Terry Wang@TerryWang16·
🤯 Want to know something crazy? The average American renter spends 90% of their monthly income to move out of an apartment early. And guess what? A third of US renters go through this exercise each year! #renting #moving 🧵a thread
English
1
0
3
182
Terry Wang retweetet
Sergio Pereira
Sergio Pereira@SergioRocks·
ChatGPT is the last nail on the coffin, for coding interviews. Three examples:
English
200
1.2K
6.3K
0
Terry Wang retweetet
Deva Hazarika
Deva Hazarika@devahaz·
I’m not sure how web3 breaks out of that cycle. As I wrote in this previous tweet, incentives drive innovation. When you can skip the utility building part and get paid out right away, what’s the incentive to do the hard part of creating real value?
Deva Hazarika@devahaz

A big challenge with crypto/web3 compared to previous Internet waves is this time people have figured out ways to monetize it at a much faster rate than figuring out ways to make it useful, and incentive mechanisms drive innovation patterns

English
1
1
23
0
Terry Wang retweetet
Jake
Jake@iamjakestream·
The most fascinating part of everything happening now is watching the real-time conclusions of a series of multi-year experiments in incentive structure design Crypto, VC issues, ponzis, frauds, you name it Everything naturally follows from the incentives
English
7
5
61
0
Terry Wang
Terry Wang@TerryWang16·
@MilesGDotson @erica_wenger The earlier the stage the more the Toronto funding environment looks like graphene. Big difference in how risk and reward is perceived here, and which types of companies/founders are preferred
English
0
0
2
0
Miles
Miles@MilesGDotson·
@erica_wenger From what I hear venture funding is paper thin there.
English
4
0
2
0
erica wenger🏕️
erica wenger🏕️@erica_wenger·
Have randomly been meeting lots of operators/founders/VCs who are from Toronto (met 4 of them separately in the past week) & they’re all kind, whipsmart, & awesome Go Canada! Go Toronto!! 🇨🇦
English
11
2
67
0
Terry Wang retweetet
Adam Lawrence 🇺🇸
Adam Lawrence 🇺🇸@im_asl·
In 2016 I interviewed for the COO position at one of the largest crypto exchanges in the world. That was when Bitcoin was ~$1,000. Here’s the reason crypto looks like a massive sh*t show right now:
English
1
3
16
0