


Jack Sng
8.7K posts

@jacksng
Bootstrapped entrepreneur, educator, and designer.








The greatest thing about SaaS is that my customer acquisition is decoupled from my effort. I’ve basically been off Twitter, Out of Office for the last two weeks, but business is ticking along like usual, acquisition rate unchanged. Doesn’t work like that forever of course, but it’s a great comfort to know that you can take your foot off the gas pedal now and then, and it makes no difference.





Non-Consensus: Why is it so fashionable to predict the decline of the US? Hard disagree with @Noahpinion and @balajis Let’s break it down by category. 1) Technology leadership: US dominates 2) Military: US dominates 3) Banking: US has 4 of the Top 10 banks. China has 4 of the Top 10 banks. >> This is the one source of vulnerability, but it’s the US prize to lose. JP Morgan is now expanding to the UK… Blackstone is in China… >> True, China’s banks are ahead on cashless society 4) Demographics: Younger and wider base than China, Russia, Europe. The US still ‘imports’ the best brains from China, Russia, and India. 5) Culture of Entrepreneurship: The US has multiple venture/angel ecosystems and the most advanced capital markets. China meanwhile is silencing erstwhile heroes like Jack Ma. Sergey Brin left Russia for the United States. 6) Capital Flows: Chinese millionaires and Russian oligarchs want to flee with their capital and secure their funds in American banks 7) China’s growth rate is faltering. The constraint on US growth is not capital nor investment opportunity - it’s hungry for workers of all skill levels. 8) Advance Technical Education: CalTech, MIT, Stanford, CMU, IAS 9) Biotechnology 90% of new IP originates in the United States. (The exceptions are Astra Zeneca and Novo Nordisk) It’s not a competition. Are there issues? Plenty (fiscal imbalances, public education, immigration, student debt, digital asset policy, banking policy, credibility in institutions, etc). BUT, the issues other countries face are far more severe. The default in rival countries is censorship, corruption, and no exit. *Any other country would gladly trade their position for the US* Side Note: There is an ‘edge’ for small ‘city-states’: Singapore, Dubai and Finland It’s easier practically to unify, govern, specialize and root out corruption.

What’s your most controversial opinion about building startups?

Singapore politicans actually understand tech because their education system is highly tech focused Every country gov should be like this to survive the AI wave I think



