Michael Mayer (@micjm) 's Twitter Profile
Michael Mayer

@micjm

Co-founder of @bottomless Building the auto restocking home.

ID: 1105139507320446976

linkhttp://www.bottomless.com/twitter calendar_today11-03-2019 16:12:45

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Gokul Rajaram (@gokulr) 's Twitter Profile Photo

2010 deal memo masterclass on MindBody by greats Jeremy Levine Sarah Tavel and Brian Feinstein . Focus on the key question (Market Size), clear articulation of risks, no BS or trying to oversell. In particular, I love the section on what to do if the business stalls out at $20-30M

Aaron Levie (@levie) 's Twitter Profile Photo

The best startup ideas are things that sound extremely useful but are extremely hard to pull off. If it’s easy then anyone would be doing it and there’s no long term moat.

Michael Mayer (@micjm) 's Twitter Profile Photo

As someone who has been working on an AI hardware device since before it was cool, it’s a pleasure to see the world finally dunking on me.

Patrick OShaughnessy (@patrick_oshag) 's Twitter Profile Photo

Pretty cool charts from Bottomless A lesson they’ve learned: the main reason for subscription churn is getting too much or too little (which basically always happens) If you remove that via usage based subscription, more people signup, spend way more, and churn way less

Pretty cool charts from <a href="/bottomless/">Bottomless</a> 

A lesson they’ve learned: the main reason for subscription churn is getting too much or too little (which basically always happens)

If you remove that via usage based subscription, more people signup, spend way more, and churn way less
Michael Mayer (@micjm) 's Twitter Profile Photo

When managing up, it’s essential to properly expand one’s specific context When managing down, it’s essential to properly compress one’s broad context.

Michael Mayer (@micjm) 's Twitter Profile Photo

In books about dangerous expeditions, there's always a passage after a group surpasses some obstacle like: "little did they know, 1000 more miles of peril awaited them". Startups are kinda like this.

Michael Mayer (@micjm) 's Twitter Profile Photo

One reason execution is so important in business is that you can identify when a strategy isn't working. (When the execution is poor, it's hard to distinguish bad strategy from badly executed strategy.)

Michael Mayer (@micjm) 's Twitter Profile Photo

This is super cool. A customer used our Pet Beta Program to hack their own smart pet feeder w/ access control. (Our smart scale is under the automatic feeder).

This is super cool. A customer used our Pet Beta Program to hack their own smart pet feeder w/ access control. (Our smart scale is under the automatic feeder).
Michael Mayer (@micjm) 's Twitter Profile Photo

Enterprises are often dissapointing until you meet the org most responsible for company success. Suggests a power law in terms of the importance of various competencies.

Michael Mayer (@micjm) 's Twitter Profile Photo

I find myself pushing the team to use LLMs often, but one area it fails is when trying to source diverse feedback when everyone works with ChatGPT on their feedback.

Michael Mayer (@micjm) 's Twitter Profile Photo

Deepseek is better for hardware production related questions. ChatGPT always takes the perspective of a detached sourcing specialist.