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Erik Lee
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Erik Lee
@ErikTLee
building https://t.co/gfE3GZnV1H - no more Bamboo Ceiling | weekend golf warrior | 1st gen immigrant |
Bay Area, CA Katılım Kasım 2013
724 Takip Edilen420 Takipçiler

@AnthonyKim_Golf @dbstpc @AnthonyKim_Golf really is the Max Homa of LIV with the roasts. Keep it up bro!
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@dbstpc Thanks for ur response little guy. I dont insult 100 year old people so I ll let this slide😂
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If anyone at @HLTHEVENT would like to run before the conference kicks off in the AM's, text "Run" to 888-302-6004! #hlth2023
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Always a positive experience calling @CharlesSchwab! Love the positivity and the friendliness of the agents.
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@SamPolk @foreverytable Amazing model. I’ve been following your journey for a while now. Congrats!
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@ErikTLee I think @foreverytable is different -- $6 per meal, and if you amortize the delivery cost maybe $7 per meal. Way better than takeout.
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The fresh-prepared meal subscription space is fascinating.
First, the space is crowded -- there are so many tiny, startup meal prep businesses.
Second, most of the gorillas in the space have gone down (Freshly) or seem to have disappeared (Sunbasket).
Third, even the most successful, like Factor, use this absolutely crazy discounting that seems clearly to destroy brand value and customer loyalty, but clearly has enough ROI to keep working.
Funny thing is, in my mind this business should work. Well. Most people don't like to cook. Doordash is so expensive, and you have to wait. Having fresh-made meals in your fridge ready for whenever you get hungry seems great--it's what private chefs provide! Being able to set a recurring order so you essentially "solve" some part of your eating life (weekly lunches, for example), seems a huge benefit.
But it doesn't work. Customers churn fast.
Why are these businesses so challenged? And what combination of benefits (price, variety, quality, delivery-time-or-style, product offering) would make you subscribe to one of these and stick with it for a year. Or multiple years?
PS -- I think Cook Unity has a compelling proposition and does a really good job. Although the price point, like all of these, is high.
PPS -- Everytable obviously has a horse in this race, so I'm asking because I really want to know.
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@MartinGTobias It’s not really a tooling problem as much as it is a labor problem. They don’t call back because they don’t want/ need to. Not everything is a software issue. wsj.com/articles/plumb…
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Sooooo mich opportunity for vertical software in old industries.
Today’s pain point HVAC companies.
My AC crapped out last week. Called six companies. Two never got back or came. Two of the others send text messages from their personal phones with totals and no supporting docs, model numbers etc.
Two used a saas system to send the quote but that system could not take a credit card.
The one I went with who is the largest HVAC contractor in the region required me to call the office and manually read my credit card. Their foreman will text me details on start. They are not using software to schedule jobs. Their quote system is not integrated with job scheduling.
Soooooo much opportunity still in 2023.
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@DavidSacks What if it’s the market dictating how “productive” the employees are perceived to be? Not productivity as an independent metric
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The main reason Big Tech companies like Meta and Amazon are reigning in WFH right now is productivity. That’s not the reason I think startups should do it. Startups are not primarily concerned with productivity; their main concern is whether they succeed or fail at all. If everything is working at your startup, then I guess it doesn’t matter much if everyone works from home. But if things aren’t working, it’s much harder to diagnose and fix problems when everyone is in a different location.
What I’m seeing right now is that many growth-stage startups are experiencing significant slowdowns for the first time and they are questioning their product-market fit and go-to-market fit. It would be much easier to figure out these questions and realign the company behind a new strategy if everyone was centralized at a HQ or at least in a few Hubs. Since many of these companies are taking cost-cutting measures anyway, now is a rare and ideal time to rethink their location strategy.
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It’s time to admit that Remote Work doesn’t work. WFH Friday is a 4 day work week. Full WFH is a 2 day work week. Every interaction has to be scheduled, which means a lot of information-sharing doesn’t happen. Remote is a great lifestyle, not a way to build a great company.
Flo Crivello@Altimor
A memo I sent to the team last month about changing my mind on remote, and moving the team to SF: flocrivello.com/changing-my-mi…
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@thesamparr Never understood the value of “quick thinking on your feet”.
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@YirenLu Not sure how they do it but @TreyHolterman at tennr.com is doing something interesting in LLM
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@ErikTLee Because printer manufacturers think we have no alternative. But we do.
chrome.google.com/webstore/detai…
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Goes for any communication (sales, support, etc.)
Eric Bahn 💛@ericbahn
After six years of being a VC, I think I have figured out the love language that most founders want: Responsiveness. VCs: just respond/follow up to founder requests, texts, emails within the same day, and you're probably in the top 10% of founder hearts and minds.
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