Ashwin Ramesh 🚀

@AlfieJCarter Invite

just made a private group for GTM engineers and agency owners we'll be sharing the MOST in-depth cold outreach sauce there is you won't find this type of information anywhere else reply "invite" and i'll send you an invite (make sure you're following)

@talok253 It’s more like - okay for the next 5 years until inflation kills the corpus. Unless it’s untouched until retirement.

Once the corpus hits ₹5Cr, life runs on interest, not effort.

@patrickdichter I think a great idea would be to do *both* 1. Do a generous ESOP pool so that everyone can share the upside 2. Carve out a profit sharing pool which is distributed based on ESOP ownership And, get founders to own a chunk of the ESOP so that they get something from profit.

Profit sharing is better than giving equity to key employees. Easier to manage, less legal, gives upside, aligns incentives.

every entrepreneur’s dream is to succeed at building an impossibly hard business then finally open a local coffee shop to be happy

@sampad A better option would be for founders to take a decent salary and not feel guilty about it. The problem is very bad downside protection if a startup fails for a founder all-in with no hedge.

@arindam___paul Usually 300 people across each cohort and region. So, over a 1000 U30s get picked every year. Nothing special.

How come there are 1000 + people in the 30 under 30? I see every other post as a 30 under 30 post By definition, it has to be only 30 ppl right? Or is it?

@jasonlk What about fully remote in-house SDRs vs those in the office? Any tangible difference there? I’d assume the level of training and support you could provide to an outsourced vs fully remote in-house would be similar?

"So a recent SaaStr survey confirmed what I’ve experienced over the years:  outsourced SDRs are tough to make work." Only 7% of You Have Really Gotten Outsourced SDRs to Work saastr.com/only-7-of-you-…

Come join us for an exclusive digital marketing mixer in NoMad on the 1st of June!

@TheSwamy Wishful thinking. All in the hope that RCB qualifies and gets to the finals without choking for a change? 😀

The way the lineup of matches are setup, if the following results happen (all plausible), then guess what.... PBKS plays DC and RR - and wins both RCB plays SRH & GT (last match) - wins both LSG plays KKR - KKR wins DC plays CSK - DC wins MI plays SRH - MI wins RCB, MI, PBKS will join GT - and CSK and LSG could be out!

#LSGvMI Congrats LSG and great to see MohsinKhan deliver an amazing final over. What an @IPL we are having - with most teams having 1 match left, only one spot is fixed. CSK and LSG could both still get knocked out by MI and RCB or even Punjab depends on how results shape up. Incredible. Should be an exciting end to the week...

@gokulr If these companies have revenues, can they not just restructure instead of going through an asset sale? 🤔

I’ve now seen multiple companies (either SPAC IPOs or late stage privates) go from unicorn to asset sale in the span of a few months. The carnage is just starting. Time to pay the piper for the last few years of unbridled and reckless enthusiasm.

@TheSwamy Never bet against CSK. They are winning today.

Hoping CSK loses its last 2 matches, Gujarat too, MI wins one of two (against LSG) and RCB wins both - then all 4 teams will have 16 points. Along the way RCB may end up with a top 2 finish.... Can always hope! Then again CSK may win today and bring me back to earth.

@vivekprakash @HackerEarth It’s interesting how starting a company is a really bad economic decision but us entrepreneurs still embrace it. I guess the pride and joy of building something trumps what would be considered rational decision making.

Very few people know that after I exited @HackerEarth in 2020 after building for over 9 years since dorm room in IIT Roorkee, I had several job offers with 1.2 Cr+ cash in India. I got tempted and ended up working briefly at a pretty good company in product role. However, I got bored really fast, it was not same fun as building from 0 to 1, I left in 3 months, and got back to starting up once again while taking less than 10% salary of what I could have earned in that comfortable job. Journey of @codingal started and even though it’s always much harder to startup, I never looked back since then. 2020 was time to build, once again. Glad and fortunate that we came a long way in just over 2 years!

@localseoguide Their net revenue retention is good. Just so hard to grow at scale without payback stretching & marketing getting inefficient. Still.. 18 months+ payback for SMB SaaS isn’t good.

SEMRush spending 50% of rev on marketing - either the TAM is huge, or the churn is...

@mercury Can almost pay for 10 OpenAI credits with our monthly pot of gold.

Going to get very rich with the interest from our @mercury bank savings account.

Running a company: 2020: can you survive a pandemic? 2021: still here? we’re going to give all of your competitors $100m series A rounds. 2022: wow, you made it? okay, all engineers cost $600,000/year now. 2023: nice job! okay, we’re going to take away your bank account.

@randfish It's easy to drink the kool-aid & think there's only one way with inexperience. Takes a lot of self awareness to build on your own terms.

Fellow founders, It doesn't have to be like this. So much pain stems from cultural pressure to build companies a particular way. You can make different decisions. Chill work. Profitability. Optimizing for fulfillment/fun > faster revenue growth. These options are on the table.

How does Google tell whether something is AI-generated content? OpenAI is "fingerprinting" ChatGPT's output - aka tweaking word choices to statistically indicate what's written by the bot vs a human The battle against AI-assisted plagiarism and content creation has just begun

All I wish for 2023 is to be able to take a clean break the last week of the year. A true privilege that has always evaded me!

Elon 🤡 Musk.