The PM who spent years pushing the interest-based feed the day after Nikita reversed it and started the next Golden Age
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Turner Novak 🍌🧢
51.8K posts
Turner Novak 🍌🧢
@TurnerNovak
investing @BananaCap_ podcasting @ThePeelPod (sign-up for emails below)
Ann Arbor, MI DM’s open Katılım Nisan 2009
3.4K Takip Edilen208.6K Takipçiler
@nikitabier @Light_of_the_W This is like when God banned Adam and Eve from the Garden of Eden
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People are saying the new X algorithm is giving them early FB / Insta vibes.
They're wrong.
This is like when humanity first discovered fire. When we got the first wheel. Electricity. Replaceable parts. When Al Gore invented the internet.
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@mvernal @NoPriorsPod My biggest takeaway is you need to start a podcast
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Seems like people should probably listen to @NoPriorsPod!
Chris Barber (in SF)@chrisbarber
Investors with 2+ startups that grew 50x in valuation since 2022 (or since they invested, but only if later): 7 startups: Elad Gil 6 startups: Charlie Songhurst 5 startups: Sarah Guo, Clem Delangue 4 startups: Mike Vernal 3 startups: - Howie Liu - Nat Friedman - Daniel Gross - Jeff Dean - Zach Frankel - Guillermo Rauch - Marc Bhargava - Mike Krieger 2 startups: - Andrej Karpathy - Ali Partovi - Katherine Boyle - Shaun Maguire - Eric Schmidt - Ian Hathaway - Balaji Srinivasan - Jennifer Li - Mustafa Suleyman - Patrick Collison - John Collison - Aravind Srinivas - Erik Bernhardsson - Robert Leshner Criteria: a startup counts for an investor if it's now worth 50x+ what it was in 2022 or when they invested, whichever came later. Edits appreciated. Thanks to Charlie Songhurst, @ClemDelangue, @eladgil, @howietl, @karpathy and @saranormous for corrections.
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.@TurnerNovak great pod with @PeterRahal re David, learned a lot.
Separately, assume on your radar but came across @awiltschko and @Osmo_Labs which is pointing AI at fragrances/olfactory/taste senses. No affiliation, just saw a chat, and in somewhat similar lane- notes below.
Turner Novak 🍌🧢@TurnerNovak
Food and nutrition directly impacts everything that goes into bodies. Really hope we start to see more talented entrepreneurs like Peter building companies here!
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.@nikitabier might have just altered the course of the human race
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@TurnerNovak @GwartyGwart I’m not sure you have to imagine much Turner!! 😂😂😂
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Turner Novak 🍌🧢 retweetledi
I’m on a flight from the greatest tech city in the world (NYC) to San Francisco.
Who should I meet in the next 72 hours?
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@defyneric @zaidrmn @FlexSuperApp @RyanQualtrics @ryanjsweeney @halo_fund Need a banana with an embedded NFC that I can pay with
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@TurnerNovak @zaidrmn @FlexSuperApp @RyanQualtrics @ryanjsweeney @halo_fund we need a special edition banana card just for you
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Today, @FlexSuperApp, raised $70M Series B1 to launch The Full Financial Home for Business Owners. Making Flex officially a unicorn.
Led by @RyanQualtrics and @ryanjsweeney’s @halo_fund, with participation from existing investors.
And we're introducing Flex Global.
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@defyneric This is why I turned on notifications for your tweets
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@TurnerNovak > eric’s tweets start being responded by Turner
> flex becomes a unicorn
Coincidence???
i think notttttt
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today Flex announces a $70M raise:
Zaid Rahman@zaidrmn
Today, @FlexSuperApp, raised $70M Series B1 to launch The Full Financial Home for Business Owners. Making Flex officially a unicorn. Led by @RyanQualtrics and @ryanjsweeney’s @halo_fund, with participation from existing investors. And we're introducing Flex Global.
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Flex has been on a tear solving very hard, unsexy problems for business owners. Now doing it globally!
It’s not often growth rates accelerate while at 9-figures in revenue. Especially without burning cash.
Very glad @BananaCap_ invested 3x when they were first getting started
Zaid Rahman@zaidrmn
Today, @FlexSuperApp, raised $70M Series B1 to launch The Full Financial Home for Business Owners. Making Flex officially a unicorn. Led by @RyanQualtrics and @ryanjsweeney’s @halo_fund, with participation from existing investors. And we're introducing Flex Global.
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Turner Novak 🍌🧢 retweetledi
David went zero to $300M revenue in two years. Then got sued.
From Founder @PeterRahal on how they turned it into 120 million impressions for the brand:
"Our product tastes great because our hero ingredient EPG tastes like fat, but the body can't metabolize it. So the suit claimed we were underreporting our calories. And we couldn't counter sue. So they had a lot of leverage against us.
The suit itself didn't go viral. But someone made a TikTok making a joke about it.
It wasn't true, but because of the way TikTok and news headlines work, we had to move fast.
We immediately made two videos. One long-form educational video. It didn't go viral. But it was there as a foundation.
Then we made a funny "rumors" video. It was basically all the rumors about the company that weren't true. That one went viral.
We got 120 million impressions that week. Long-run, it was a net positive. We educated everyone on calories and how they're calculated, and we got a lot of positive impressions for the brand.
Any time this happens, you have to communicate fast. Be funny. And tell a story."
Full conversation with Peter going deep on building David here: youtu.be/Bot1OpgDLlE
YouTube
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This app has gotten so much better since they put all the data centers in space
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for everyone who's coming to sf and uses laptops
buy this
you will thank me later
Xiangyi Li@xdotli
for everyone who's coming to sf and uses laptops buy this you will thank me later
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@AllanLeBlanc There should be hundreds or thousands, not dozens!
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@TurnerNovak I could list dozens of food startups from the last 5-10 years. Impossible, Eat Just, and Beyond to name a few. The founders generally love tech and have pushed all sorts of novel ingredients.
Most have failed because the public cares about cost and taste.
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Food and nutrition directly impacts everything that goes into bodies.
Really hope we start to see more talented entrepreneurs like Peter building companies here!
The Peel@ThePeelPod
David founder @PeterRahal on why there's not much innovation in food: "Food entrepreneurs are predominately luddites. A lot of talented entrepreneurs just don’t go into food. Because it’s hard. And it’s not obvious how to differentiate. Nutrition science is not seen as a real science. This leads to a lot confusion in the market. For example, the economics don’t work to study the effect of a potato on the human body. There’s just not enough money in potatoes to justify the R&D budget to learn more about them. And so there’s actually not a lot of money going into the research and science of nutrition. Peter Thiel has a quote “If you ever put science behind something, it’s not a real science.” And so nutrition science is not a real science. But it can be. There’s just no money in it. And what is food? It’s really just understanding biochemistry. But it just doesn’t exist. And I think it’s probably driven by the economics of it. So I think that’s the main reason. But hopefully it will change in the future." Full conversation with Peter here: youtu.be/Bot1OpgDLlE
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