This is what it feels like to link 3 financial statements together

My all-time favorite Venn diagram 😆

How Arijit used the same (easy-to-miss) phrasing technique in Ae Dil Hai Mushkil that Sonu Nigam had used in one of his greatest songs. It appears in a KK song as well! I am gonna call this “carryover phrasing” technique. THREAD

Unless there is legislative change, it no longer makes sense to start a bootstrapped software startup in America anymore It’s hard to overstate how catastrophically bad Section 174 is for software companies Here’s an overview for anyone hearing about this only recently:

One thing I didn’t fully appreciate until doing research on China’s industrial policy is how virtually everything related to advanced manufacturing comes from either Germany or Japan.

My Dad moved to the US when he was 46 years old. Mom was 45. In the following 20 years they: - Put 3 kids through college, first ever in our family - Bought and paid off 2 hotels worth $2M+ - Bought and paid off a 1700 sq ft house But keep telling yourself people can't get

The IRS increased the penalty for underpaying your tax liability from 3% to 8% We have come across business owners paying $10k+ in underpayment penalties a year This is one of the most common issues we see business owners have Here's how you can avoid these tax penalties:

(1/18) Store managers were the CEOs of the store & given autonomy to spend money in whatever way they thought was best. They had a budget + target sales they needed to hit, but the rest was up to them. They owned the P&L.

Must-read commentary on the future of SaaS Rippling’s 2024 Investor Memo buff.ly/3QpIuoS

Ways to steal from a hotel: 1) Upgrade guest room at check-in, $0 upgrade in PMS, pocket the cash 2) Take cash for ‘hourly’ guests, don’t enter into PMS, clean room before end of shift 2b lazy version) Take cash for room, enter into PMS give receipt, cancel in PMS, mark room

SaaS is giving way to Value-as-a-Service. One example is Accounting Services market which has $600B+ TAM.

New market maps covering the latest AI startups: 1. AI for Accounting by a16z

People who still think AI is hype, you just dont get it. Listen to Eric Schmidt's exmples to understand how powerful it is. Don't assume you are smarter than Elon, Mark, Jensen, Eric S, etc. $NVDA

Klarna CEO saying they are firing their SaaS providers even the "systems of record" that we thought were impossible to rip out. gone this is.....wild.

legacy software companies adding an ai chatbot to their product

This is the most gut-wrenching blog I've read, because it's so real and so close to heart. The author is no longer with us. I'm in tears. AI is not supposed to be 200B weights of stress and pain. It used to be a place of coffee-infused eureka moments, of exciting late-night arxiv

Larry Ellison is right. Models are trained on the same data. The differentiator now is expert human feedback applied to real workflows. Doctors, lawyers, engineers. People who actually do the work. Observing how models fail in production, providing the cognition to fix it, and