Simon Ellis (@simon_r_ellis) 's Twitter Profile
Simon Ellis

@simon_r_ellis

Deeply curious. Not afraid to fail. Entrepreneur at heart. Founder & CEO of Jem.

ID: 1011629617034289155

linkhttp://www.jemhr.com calendar_today26-06-2018 15:17:50

392 Tweet

312 Followers

790 Following

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It’s expensive building a software company / FinTech. Conveniently reminded of that today. In FY21, TymeBank had accumulated losses of R4.9BN and incurred a loss of R926m. New customers = ~1m Assumed CAC = ~R930 Those are scary numbers.

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There is most certainly a place for remote work. Especially when it comes to deep work. But when it comes to solving problems, collaborating and build real relationships at work, nothing beats being in person.

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“Uber recorded its first-ever cash flow positive quarter, generating free cash flow of $382mn in the three months to the end of June.” What most people don’t know is that it has burn’t through $25bn since being founded 13 years ago. $25bn. Absolutely wild.

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Remember the Nokia 3310. It was released in Sept 2000 to a lot of hype and excitement. Today we have the iPhone 14, only 23 years later. In just 5 years, I think we’ll look back at Chat-GPT and it’ll be the equivalent of looking back at the 3310 today. Watch this space. #AI

Remember the Nokia 3310. It was released in Sept 2000 to a lot of hype and excitement. 

Today we have the iPhone 14, only 23 years later. 

In just 5 years, I think we’ll look back at Chat-GPT and it’ll be the equivalent of looking back at the 3310 today. Watch this space. #AI
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I guess it’s time we sort the Wifi Out. Great to have passed the 1,000 review mark at The Tithe Barn, the little hotel we operate in the Lake Districts. thetithebarnhotel.co.uk

I guess it’s time we sort the Wifi Out. 

Great to have passed the 1,000 review mark at The Tithe Barn, the little hotel we operate in the Lake Districts. 

thetithebarnhotel.co.uk
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Trying my luck here. If anyone is selling or know of someone who is selling tickets for the Rugby World Cup final, please contact me. #tickets #RWCFinal📷 #RWC2023📷