Tweets

Justin Jackson
Justin Jackson@mijustin
Replying to @alanklement
@alanklement When I say "mega-funded" I'm really talking about anything over the level of @calmfund and @tinyseedfund.

I know a bunch of founders in the bucket who raised $5m-$50m and paid themselves low salaries (due to pressure from vcs) and whose stock was eventually worth nothing.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Being a successful founder usually means making a series of bets, many of which will fail.

If you’re investing years of your life trying to build a business, you should be rewarded financially for all that previous effort.

Too often, founders deny themselves a good salary.
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Justin Jackson
Justin Jackson@mijustin
This pain/reward ratio doesn’t get talked about enough in startups.

If you’re a founder, mega-funded startups are often more risky, more stressful, more work.

And, contrary to what people think, indie SaaS founders often get paid better than founders who raise tons of money. https://twitter.com/_rchase_/status/1573317909417533442
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Justin Jackson
Justin Jackson@mijustin
RT
RT @mijustin: Also, the startup trope of the "starving founder" is toxic.

Founders shouldn't perpetually sacrifice their quality of life.…
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Justin Jackson
Justin Jackson@mijustin
Who else has these cups?
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Justin Jackson
Justin Jackson@mijustin
RT
RT @marckohlbrugge: Measure once, cut twice

"You often don’t know yet what it is exactly you’re making. You’re figuring it out as you go a…
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Justin Jackson
Justin Jackson@mijustin
Replying to @GeekNews
@GeekNews @TransistorFM @blubrry We've found that giving users a UI for prefixes is better for a few reasons:

1) Gives users a better experience (especially for stacking prefixes)
2) Decreases the chances of malformed prefixes
3) Helps us audit any prefix we add (some of them are really bad)
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Justin Jackson
Justin Jackson@mijustin
Replying to @randfish
@randfish @sparktoro 🎯 Absolutely! Reddit is where people go to talk candidly about X.

It’s the place to observe genuine desires, struggles, obstacles, questions, etc.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Also, the startup trope of the "starving founder" is toxic.

Founders shouldn't perpetually sacrifice their quality of life.

When they can, they should pay themselves well, reduce work hours, and have a sense of calm.

Make sure you're getting a commensurate return on your bets.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
"Our company has $2 million in annual revenue!"

That number is meaningless if your employees are stressed out, burnt out, and underpaid.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
So many SaaS companies are looking at MRR, churn, ARR, LTV...

All that stuff only matters if it creates a good quality of life for the team + a product that improves the lives of customers.
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Justin Jackson
Justin Jackson@mijustin
The most important business metric is the one that gets shared the least:

Quality of Life for each team member

- How calm is the work day?
- How well is each team member paid?
- How healthy is each team member?
- How much purpose and enjoyment is there in the job?
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Justin Jackson
Justin Jackson@mijustin
Replying to @CasJam
@CasJam Urban design / urban renewal
Documentaries on music (bands, singers)
The skateboard and snowboard industries
Post-evangelicalism (leaving church/ministry)
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
These days, @mariepoulin has a really successful course: Notion Mastery.

But back in 2019, she and @typeoneerror were focused on helping other people create courses with their company Okie Dokie.

She "fell into" doing Notion training almost by accident.
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Justin Jackson
Justin Jackson@mijustin
Almost everybody I know who's created a successful business found their winning idea while doing something else.

Almost like they were digging a pool in their backyard and accidentally discovered oil.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
In the future, AI will predict how you’d live your whole life, and will just play it for you as a movie when you turn 5.

No need to go school, graduate, go to college, get a career, date, meet someone.

Instead, you’ll don your Oculus and play Candy Crush in the Metaverse.
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Justin Jackson
Justin Jackson@mijustin
In the future, AI will generate any photo you’d take with your camera, before you even snap the picture.

No more bringing your camera on trips!

Actually you don’t need to go on trips at all; AI will generate photos of you on vacations you’ve never taken.
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Justin Jackson
Justin Jackson@mijustin
Morning run
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Full clip on YouTube:

"If you want to get more listeners for your podcast, you need to understand what someone chooses a podcast and becomes a listener."

An interesting Jobs to be Done angle here. 👍

https://youtu.be/shuBuYpP5Lc
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Justin Jackson
Justin Jackson@mijustin
"What's the last podcast you started listening to?"

☝️ Want to grow your podcast? Study what makes someone START listening to a new show. 👍

@iamjeremyenns' recent favorite:

🧠 BRAINS podcast by @Julian & @csallen

(Time to release a new episode boys!)
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Justin Jackson
Justin Jackson@mijustin
Replying to @alexwildwood
@alexwildwood @SahilBloom Apple Podcasts just updated their directory (pointing to Sahil's new @TransistorFM feed).

Many players, like Overcast, use Apple's directory, so it's now showing the latest episode there. 👍

Overcast, Apple Podcasts, and Spotify are all showing the latest episodes. 🙌
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Justin Jackson
Justin Jackson@mijustin
Replying to @SamSethi
@PodlandNews @ashleyrcarman Do you know of any non-publicly traded (or non-venture funded) podcasting companies doing substantial layoffs right now?

(That's what I mean by "indie")
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Justin Jackson
Justin Jackson@mijustin
@toddhixenbaugh_ For me, two things inspire me to keep podcasting:

1. The responses I get from listeners (tweets, emails, DMs, etc)
2. The conversations + connections I get to have with my co-hosts, guests, etc..
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
This is a common question: "How can these platforms make money without ads or AI recommendations?"

This is my primary critique: as a society, that's not our job to figure out!

Companies must find ethical business models that don't impose significant negative costs on society.
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Justin Jackson
Justin Jackson@mijustin
Replying to @amber_yanwang
@amber_yanwang Why should we be worried about a big corporation's business model when it has negative consequences for society?
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Venture capitalists, in particular, seem to have a particular appetite for goading on any investment vehicle (crypto, artificial intelligence, social media) that has the potential to GROW BIG, regardless of the ethics, morality, or externalities.
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Justin Jackson
Justin Jackson@mijustin
"Business strategy" without a commensurate amount of "business ethics" is bad strategy.

Our culture (especially the tech culture) is happy to cheer on companies that grow fast and dominate markets while ignoring the negative externalities that stack up.
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Justin Jackson
Justin Jackson@mijustin
Replying to @ctwtn
@ctwtn @jackconte It’s actually by design (especially platforms like TikTok). The “atomic unit” of AI-driven content is the piece of content (the creator doesn’t matter).
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
AI-driven media platforms (TikTok) will exploit the cheap/free content from creators to drive their algorithm + build their business as long as it suits them.

But you better believe: as soon as they can generate the content with AI (and bypass creators entirely) they will.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
In the old world, a creator like @jackconte puts tons of time + money into a YT video. He gets $100 for the effort, but at least he's rewarded with "followers."

In the new AI-driven world, you make a viral video and get no followers. People follow the algorithm, not the creator.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
I think creators have always had a "bad deal" from social media platforms: we provide the content for free/low cost, we upload our address books, we cross-promote on other platforms...

But that deal will go from bad to worse in an AI-driven world.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
"If recommendation media is all about making AI-informed recommendations, the platform with the most computing power wins." – @mignano (talking to @nbashaw)

A future where we're all addicted to AI-driven content, where the algorithm is owned by Meta, Google, Amazon? No thanks.
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Justin Jackson
Justin Jackson@mijustin
Replying to @markgoho
@markgoho The fact that these AI-engines are controlled by mega-corporations (beholden to shareholders) is deeply concerning.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
Giving people a never-ending stream of content designed to keep them on a centralized platform longer where the algorithm is controlled by some megacorp (and its shareholders) isn’t my idea of a great future.

It’s fucking dystopian.
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Justin Jackson
Justin Jackson@mijustin
I’m not convinced that we need more AI-driven recommendation engines in our lives.

When I use apps like TikTok, it sucks me in and “entertain” me for hours. But I wouldn’t describe that experience as healthy.

If anything, we need less media delivered by algorithm; we need calm.
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Justin Jackson
Justin Jackson@mijustin
Replying to @0xstark
@0xstark @ljin18 “Consumer behavior” did not dominate the early years of the internet!

The early internet was a network of universities, research stations, government nodes.

Even the early web was largely academic & nerdy.

Many of us have felt like citizens of the internet from the beginning.
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Justin Jackson
Justin Jackson@mijustin
@Frogman1609 great seeing you tonight! We should do a “hack on projects” night sometime. 👍
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Justin Jackson
Justin Jackson@mijustin
Just finished reading @MatthewBogart’s newest Incredible Doom (vol 2).

So good.
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Justin Jackson
Justin Jackson@mijustin
Replying to @mijustin
While the promise of crypto/web3 felt largely empty, I see many real-world applications for AI (prompt-based image generators are already getting big).

How seriously should bootstrappers be looking at incorporating AI tech into their products?
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