McDonald's doesn't sell burgers, it sells franchises. It's a real estate company, not a fast-food restaurant. [THREAD]

A call for an open market broad-based index fund?

If you have time to argue online, you are already amongst the luckiest human beings that ever lived.

How To Be Successful (At Your Career, Twitter Edition)

“Courtesy greases wheels where force will not prevail.” - The Felix Dennis Foundation

The ultimate guide for startups trying to break into enterprise clients by Jason ✨👾SaaStr.Ai✨ Lemkin. An awesome piece! saastr.com/how-can-anyone…

1/ We are absolutely in an era of "Super Infrastructure" There are clear examples such as Twilio, Shopify, Adyen, Stripe, Elastic that have made the inaccessible accessible to developers through APIs, etc. And we are still early in understanding this fundamental transformation.

NEW INTERVIEW 👋🚨: In this wide ranging interview, Daniel Ek chats with us about how he makes decisions, how he spends time, how he learns, being a dad and much much more. Enjoy! theobservereffect.org/daniel.html

One company was founded in 1994 (Amazon) and the other was founded in 1995 (eBay). One is worth $1.5 trillion and the other $32 billion. Jeff Bezos deserves more credit for understanding what the internet would become.

Love this!

We help Santa figure taxes out! Join us! A list of open roles here: fonoa.workable.com

I was at Amzn in 2000 when the internet bubble popped. Capital markets dried up & we were burning $1B/yr. Our biggest expense was datacenter -> expensive Sun servers. We spent a year ripping out Sun & replacing with HP/Linux, which formed the foundation for AWS. The backstory:

Spot on! At Fonoa, where we have folks in +10 countries (we are a distributed team), we follow the same approach. Aligning long term incentives such as equity helps instill an elevated sense of ownership throughout the company.

Counterintuitively, failing fast gives you back the time to go chase your next bet

Great read from ashleypaston! Taxes on global e-commerce are getting more complex to handle, and current solutions are too costly and clunky. We at Fonoa are here to change that!

Thread: Business Writing 101 Learning to write at work is one of the best things you can do for your career, and this is a step-by-step guide for doing it well. 🧵

Massive thanks to the entire Fonoa team, Jambu Palaniappan Hannah Seal William P Barnes and many others supporting us on this journey!

🥁 We are excited to announce that we have #raised $60 million in #SeriesB funding to expand our global tax platform! 🚀 fonoa.co/SeriesB This funding will boost our #growth, and we will use it to continue our global expansion and further development of our products.

BIMODAL HIRING The hiring market is becoming bimodal. Companies want to hire either: Extremely experienced / strong / 10x engineers (eg: Boris Cherny) or growth marketers (eg: elena verna) or salespeople who use AI to refine their craft. OR Young people who are fearless and

1/ Everyone in consumer is trying to figure out how to play emerging CPG (<$15m in revenue). EVERYONE. Every public CPG company, every retailer, every consumer VC and PE firm, every meaningful public investor. EVERYONE. Here is why.