In 2014, @alain and I dropped out of Stanford so we could run @getcognito full time.
After almost a decade of hard work, I’m extremely excited to share that @Plaid has acquired Cognito for $252 million!
... wow. Ben Affleck perfectly predicting Spotify and Netflix in a random 2003 interview
Almost exactly right about the unit economics of annual music subscriptions and the timing of online movie streaming. Solid point too on how shareware (Napster) is a necessary predecessor
The code interpreter feature on ChatGPT is the most mind blowing thing I've seen yet.
All I did was upload a CSV of SF crime data and ask it to visualize trends(!!)
“Santa” is very important because it teaches kids that adults are capable of staging large scale, leaderless, and decentralized deceptions just for the hell of it
Alright, here is the fintech-pill. Take it, internalize it, and the space will finally make sense:
Every fintech company is just a disguised strategic growth hack where the real goal is to become a bank. Robinhood, Stripe, Coinbase, Affirm, Acorns. Bank, bank, bank, bank, bank.
PROTIP: Feeling lonely? Go to your Netflix settings, click "Sign out of all devices," and wait a few hours.
Voilà! If you check your phone now, you'll find you have several new texts from friends you haven't spoken to in years.
I left my AirPods at my friend’s house so I had to fallback to wired headphones for my run tonight. Can’t believe our ancestors used to live like this.
Flat earth society and anti-vaxx exist to give people outgroups to dunk on when they’re just starting to level up their intellectual rigor signaling.
Kinda like how the first levels of some video games are actually just there to teach you the controls and provide backstory.
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Thread 👇
Early tech cos were a lot flimsier than you’d think:
• Zuck saw FB as a growth hack for launching WireHog, the real biz
• Snapchat’s product was built around an iOS bug, basically
• Airbnb grew via unauthorized craigslist crossposts and spam
Reassuring reality for founders!