In hopes of a better IPO market, Shein is filing to go public in 2024. It’s still a very quiet IPO market and they appear to be going it alone but hopes remain that things may thaw in the back half of 2024.
It’s been five incredibly turbulent days at OpenAI, with the exit and then return of CEO Sam Altman. This article succinctly unpacks all of that dynamism and then goes on to explore whether OpenAI is the not-for-profit it declared itself to be in 2015 or something else entirely.
2023.11.27·newsletter.pragmaticengineer.com·30 min read·TLDR Founders 57% of venture-backed startups will have to go “back to market” in 2024 to raise more capital. 38% have 12 or less months of runway left. Many might not be able to pull off that next round, leaving them with few options.
The bell weather that is “Black Friday” has come and gone, and by all estimates, it was a blowout. What recession? There will be downstream effects here around interest rate hikes (or lack thereof) and potential investment loosening up.
The most important thing you can do at a tactical level is almost always the same: use the capital at this stage to double down on what is working whilst hiring great business VPs to bring balance to each domain.
Lessons learned by a long-time product manager turned founder, broken down into slides. This will help you ship products and features without using a defined roadmap.
Startup CEO coach Matt Mochary has compiled this fairly extensive resource library filled with wisdom on building companies and managing yourself as a founder or CEO.
As teams grow you have to figure out how to manage your team but also find unique ways to maximize potential. This post is a data-backed review of ways to engage your team and figure out what makes them tick.
Find sales leads with contact info by searching tech stacks.
Ian Hickson spent 18 years at Google. He left last week. This article provides an insider's take on Google over the years, particularly on how its culture has evolved. Hickson argues that there’s an existential cultural risk to the future of Google and calls out several leaders. Not all is lost, yet.
A long-term engineering and product leader at companies like Apple, Snap, and Pandora discusses lessons learned from his startup failures.
Early-stage companies mostly use titles to help send a message externally, but as you grow, they start to have a bigger impact internally and personally.
How you follow up matters when a user cancels their subscription. Your follow-up email to a cancellation request provides a short window to win them back or gather valuable insight into why they’re leaving.
We’ve seen the “open protocol” play done time and again. To a certain extent, OpenAI started like that but quickly veered away as soon as the business case got interesting. We saw it with OpenID/OAuth back in the day. This article looks at the Open Network for Digital Commerce. Always an interesting play in competitive markets.
An all-encompassing recap of the OpenAI fiasco. This will be studied for generations. If you haven’t followed the entire saga, this summary is a must read including all of the interesting angles and fall-out.
The OpenAI crisis is moving fast. This analysis breaks down events so far and offers a forward look at the options ahead for OpenAI, Microsoft, and Sam Altman. What seems clear is that Altman and Microsoft are in the driver’s seat of AI.
Over 100+ unicorns were minted per quarter from Q1’21 to Q1’22. However, from Q2’22, things changed enormously. Unicorn births reached a low point in Q3’23 at 12, with the fewest in over 6 years.
Freshworks CIO Prasad Ramakrishnan walks through some viable use cases of AI in your startup. From enhancing user experience to onboarding and data platform optimization, this article shares five ways organizations can leverage AI to solve problems and grow.
Whether it’s to investors, potential partners, or customers, even as founders, you still need to reach out to people cold. This post is a nice reminder of the tactics to keep at hand when you do it.
In light of the dumpster fire that is the tech landscape this week, we thought it made sense to dig into this gem around dealing with the mistakes you have made. Own up to them, be transparent, and tell the story about how you won’t let it happen again.
A digital sales room that wows buyers.
Make competitive analysis 5x faster.
Scientifically crafted SEO content to skyrocket Google ranks.
OpenView recently dropped its SaaS Benchmarking Report. This article walks through the key highlights, which include an analysis of growth rates, median headcount changes, and CAC payback periods at private companies.
Transitioning from Founder to CEO requires active thinking. It involves shifting from managing a product or small team to really managing a company. This article unpacks the elements of a successful CEO and the things you need to think about before, during, and after the step into a CEO role.
It’s quite simple, during your interview, assess whether you’d buy your product from them. Don’t hire someone just because they have a certain number of years of experience or worked at a certain company.
An exploration into the best city for techies, with Seattle coming out on top.
This post is really timely given the gaping holes that likely need to be filled by the OpenAI team, with takes from some really sharp people on how to find the best-of-the-best even when it seems impossible.
After a weekend of negotiations to bring back Sam Altman as OpenAI CEO following his shock firing, the company’s nonprofit board has gone another way entirely and named former Twitch CEO Emmett Shear as interim CEO. Shear will take over as interim OpenAI CEO from Mira Murati, who was publicly aligned with Altman.
From governance matters to public safety, leadership changes at OpenAI prompt a lot of questions. This blog post breaks down some of the core elements we should be thinking about.
Former Atlassian CTO and current managing director of Coatue Ventures Sri Viswanath delivered a deep look at the state of artificial intelligence. It’s a 117-page document, but this blog nicely summarizes the highlights.
Alignment between yourself and your VPs is critical. Asking them to put together a 60-day plan puts a spotlight on their priorities and enables you to see if they map to yours.
Don’t even think about it until your NPS is high. Put all your energy into increasing NPS until you invest in new product development and sales. Once it’s high, where possible, sell through your existing buyers at the target company. Building new stakeholder relationships even within existing customers is almost as hard as building them with new customers.
An all-in-one product demo tool.
Make iteration easier with contextual feedback, precise bug and issue tracking, and feature validation.
Winn.ai handles all of your sales busywork so you can type less and win more.
Transitioning from high-performing doer to leader involves delegating. Some people fail to make that transition and they end up sweating the details and micromanaging. To empower people to take ownership, you have to let go.
In this article, a former product manager turned founder shares six principles that helped guide their product management before they had PMF. A key takeaway: traditional product management doesn't fit early-stage startups.
Learning the alchemy of a good apology helps. Whether it’s building bridges with your co-founder or owning a mistake you made to a customer, there’s a right way to apologize, and a wrong one.
Marqeta is in the business of card issuing. With net revenues nearing $1bn, being a middleman between banks and businesses and offering a more verticalized experience for users works.
Google search is being upended by AI and it can only blame itself for sitting on tech it has had for years. That aside, integrations with the next generation of AI tooling are springing up across the Google suite of tools and are set to make a significant impact.
A history of the 5 eras of software business models and an exploration into the 6th, LLMs.
With most top-of-the-line consumer devices reaching peak feature sets and high ticket prices, a new wave of companies are being funded that take “old” gear and repurpose it with a warranty.
Casetext just sold to Thomson Reuters for $650M in what looks like an acquisition swept up in the AI craze. However, this was no overnight success with the company having started in 2023. A walk down memory lane along with what it took to persevere.
Reviewing the details of common queries to an LLM across the different models reveals that it is really cost-bound at the moment. With the latest OpenAI announcements and advancements with the open source models, that may be set to change.
Most startups have fallen into the random acts of marketing trap. Picking channels randomly off a checklist and failing to ensure you have the right fuel and content to do the channel justice is a common mistake. This guide offers a framework for choosing marketing channels wisely.
A walkthrough of where corporate politics come from and ways to potentially root it out by undermining the incentives to do it. Figuring this out for any size organization could be a serious competitive advantage.
Scalable usage metering for AI and DevOps communities.
Discover and book top creators to promote your product.