Tweets

@maximehugodupre I think you're misunderstanding my use of "distribution."

Here, distribution = promotion, discoverability, etc

@valentin_wln @startupspod @robwalling @artofproductpod @r00k @derrickreimer @CasJam @JordanGal @buildyoursaas @jonbuda Thx Valentin! 🥰

How is the NFT community thinking about the *distribution* problem?

I'm a big proponent of decentralized systems (RSS, email, websites), but we've always had to rely on centralized sites for distribution (Yahoo, Google, Twitter, etc).

NFTs have the same challenge?

@mikeherreraTD lookin' good, but we need to get some Sorels on your feet!

RT @anildash: One thing that’s not evident enough on social media is how every visible underrepresented person you see with a platform (whe…

@eltintero Oh man. That’s hard! Sending you and your family lots of ❤️. Hope they get better soon!

RT @mijustin: A crucial paradigm shift:

❌ "I'm a smart individual, who's mostly right, most of the time"

✅ "Knowledge is created, and vet…

A good reminder for folks building products in 2022. https://twitter.com/mijustin/status/1354970090895106053

@JordanGal @rsobers This might be the difference. 😄

I grew up skiing and snowboarding, and for me there’s something about being in the mountains that just hits right.

My local mountain is 25 mins away, and feels incredibly accessible to me and the kids.

@Raelshark Yup!

7 years later… and this is still true! https://twitter.com/mijustin/status/549752758912708608

@JordanGal Snow has soul.

@kayak360 Thx

@brianchappell Nice! 🙏

@cgenco Yeah! It’s been fun to watch him progress.

@mckenna_andrew He is going to be making a @TransistorFM video soon. 👍

@sssaini_ Thx! He’ll be excited to see that his video has well over 100 views. 👍

@FORSBERGtwo Thx! He’ll be excited to see that his video has well over 100 views. 👍

@byteblanq Thanks! New subscribers make his day.

@al_daro Thx! He’ll be excited to see that his video has well over 100 views. 👍

@LasseRafn Thx! He’ll be excited to see that his video has well over 100 views. 👍

@SoniaBaschez @nbashaw @nbashaw congrats you two!! 🥰

My 13-year-old son just released a new Christmas animation. He'd be over the moon if a bunch of you watched it. 😄

(The Santa part really cracks me up)

https://youtu.be/u34lyji7W7I

@this_ting @michaelsoolee Nice!

@MrSimonBennett I’m still wrapping presents 😅

@jesseleite85 Merry Christmas! 🎄🎁

@jamesvandyne Nice!

@CasJam Nice! I dig this groove. Great playing!

You can also listen Spotify (which now has ⭐ ratings!)

If you listen there, please leave us a review. 🙏

https://open.spotify.com/episode/15OjUY7JTwHwE6FBOosgN0?si=BYMR0JuBRHGXLN9HlIM0Uw

You can listen to this episode on:

🌥️ Overcast: https://overcast.fm/+MBmVIvC28
🍎 Apple: https://podcasts.apple.com/us/podcast/the-christmas-bonus-check/id1357295850?i=1000546059357

It's a Christmas miracle! @jonbuda and I recorded a new episode of @buildyoursaas. 🎄

🔥 getting really fired up about @TransistorFM 2022.

https://saas.transistor.fm/episodes/the-christmas-bonus-check

@clearlyTHUYDOAN @TransistorFM Awesome! We put a lot of effort into that; glad to hear it’s helpful. 🥰

@AaronWeiche @TransistorFM Thanks! 🥰

@alanb 🥰

@JackEllis @TransistorFM 🥰 thank you!

If you've always wanted to start a podcast, and you're planning on doing it in 2022, we'd love to have you on @TransistorFM.

I made you a coupon code here: https://transistor.fm/justin

@CasJam @conarro @_matthewpalmer @raycastapp +1 to rocket

“The more that people in a group are alike, the more vulnerable they are to a single tension affecting the whole.”

– @lukeburgis, Wanting

@DannyAziz97 @stephsmithio There’s an additional question: do podcast listeners want to be tracked (and targeted) in this way?

@stephsmithio The flip side is that most decentralized mediums (blogs, email newsletters, podcasts) can’t provide that level of consumption analytics.

It works for YouTube because they control the whole experience (the player, hosting, etc)

But I don’t think that would be good for podcasting

@mxpx Nice!

@webby2001 Damn. I had this song given to me on a college radio mixtape. Listened to it a ton.

I don’t know if I’ve ever seen this video?

@tylertringas There’s probably still something there: what’s the process you use to ascertain whether a SaaS is going to be a good investment?

Sell that checklist? 😄

@Tsukio_scoring @Sethrogen Hahaha. Yes. Better.

This story, as told to @Sethrogen, is one hell of a Canadian adventure story.

It’s got everything: fresh crab romance, nude swimming, logging roads, Canadian Tire, a pocket knife, bears, hockey anecdotes, tourniquets, an escape, and the Beastie Boys.

https://pod.link/1583325095/episode/5a3942676040ed369934c5bdcd73dce3

@tylertringas If you have a spreadsheet you’re using internally to model SaaS forecasts (or to ascertain a SaaS’ overall health) I would buy that. 👍

@econliberties @sarahmillerdc @amazon @AGKarlRacine 😬 yikes

@davemorin @alexisohanian Do you have an example of quality compared to other people webcams?

I’m curious how it compares to my current DSLR setup:

https://youtu.be/LBP4DEJAsjU

@portertech @tfyhpodcast @buildyoursaas @jonbuda Oh beauty

@Aylon133 @buildyoursaas @jonbuda It’s a remix. The original is great, but I love this remix.

@Aylon133 @buildyoursaas @jonbuda https://soundcloud.com/chroph/nirvana-polly-chroph-bootleg?si=961cba354b7141ad910dc9020e683f34&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing

@fabiofranchino Some ideas are easy to make; but a good idea is often the culmination of a lifetime of learning. https://twitter.com/mijustin/status/1255878157980164096

@tfyhpodcast @buildyoursaas @jonbuda ☺️

@AlbanBrooke @buildyoursaas @jonbuda 😄

RT @mijustin: I know it’s popular to say “Ideas are easy. Execution is everything,” but I disagree.

If ideas are so easy, why are most bus…

@growthcurrency https://saas.transistor.fm/episodes/brian-casel-of-bootstrapped-web-chats-about-his-new-app

@growthcurrency I think publishing clips on YouTube, Twitter, Facebook (in addition to publishing on your RSS feed) is a good idea. 👍

Example:

@jcvangent @miguelbemartin @rezzz @buildyoursaas @jonbuda I love the original, but I'm also a sucker for this type of remix.

On Soundcloud here:
https://soundcloud.com/chroph/nirvana-polly-chroph-bootleg?si=961cba354b7141ad910dc9020e683f34&utm_source=clipboard&utm_medium=text&utm_campaign=social_sharing

@cnorm35 Beauty!

Old headphones (2014): Sennheiser HD 202 II

New headphones (2021): Audio-Technica ATH-M50x

Just got my first new pair of headphones since 2014. 🥳

Testing them out; about to record a @buildyoursaas with @jonbuda!

@threehourcoffee Such a great feeling when presents are done! 🙌

@__apf__ 🤣

Podcasting and RSS is a hedge against platform risk.

Yes, it’s easier in the short-term to upload to YouTube and sign up for their Partner Program (to earn ad rev).

But, in the long run, it’s much better to build your own monetization system.

https://transistor.fm/make-money-podcasting/

Love this meme!

In this arrangement, power is equalized between creators and the listening platforms.

(h/t @tfyhpodcast)

One big problem for indie creators on centralized platforms like YouTube is they can’t easily bring their audience with them if they leave.

With RSS, you can forward your feed to a different hosting platform, and subscribers automatically get redirected to your new feed.

The best thing about the podcasting world is still RSS.

No big player (Apple, Spotify, Google, Amazon, FB) has enough leverage to completely control/centralize distribution.

Even though RSS is “messier” than centralized distribution, it’s way better for independent creators.

@venikunche ☺️

@twigpress 😔

@JackEllis @ParikPatelCFA @elonmusk 🙄 the rich don’t pay their fair share.

Elon paying some tax, for the first time in years, whilst exercising his stock options, does not invalidate the idea that “the rich don’t pay their fair share.”

He’s literally paying these taxes so he can buy more stock and get richer.

@StudsPod Thanks!

Getting ready to write my 2021 year-in-review.

Here’s last year’s: https://justinjackson.ca/2020-review

Anything in particular you’d like to see me cover this year?

@michaeldyrynda @JackEllis @taylorotwell @wtsnz @JoshSchoen Except (I'm assuming) everybody on this thread:

1) pays their taxes
2) pays more tax (on salary) annually than Elon has paid

According to former NY Fed president Beardsley Ruml, taxes serve a bunch of useful purposes (outside of general gov revenue).

http://bilbo.economicoutlook.net/blog/wp-content/uploads/2010/04/taxes-for-revenue-are-obsolete.pdf

@ProjektGopher He’s been complaining about this for awhile.

@JackEllis @taylorotwell @wtsnz @JoshSchoen Not likely; because that approach would be opposed to shareholders’ interests. They wouldn’t stand for it.

@solodiveco @dvassallo Not really. Stock options are generally seen as a way of aligning CEOs interests *with* shareholders.

The richest man in the world should not pay the lowest % in taxes.

The proposed wealth tax won’t apply to you, me, or 330 million US citizens.

It would apply to the 700 people who make $100+ million per year (or have more than $1 billion in assets).

https://www.forbes.com/sites/jonathanponciano/2021/10/27/new-billionaire-wealth-tax-targeting-assets-of-700-richest-americans-unveiled-heres-how-the-democratic-plan-would-work/

@manast Simply this: the richest man in the world should not pay the lowest % in taxes.

The proposed wealth tax won’t apply to you, me, or the 330 million people who live in the USA.

It applies to the 700 people who make $100+ million per year (or have more than $1 billion in assets).

@LeviNunnink @yongfook The story is mentioned about halfway down this newsletter: https://podnews.net/update/global-acquisition-captivate

@manast To buy the car I had to pay myself the income (which I paid income tax on).

@taylorotwell @wtsnz @JoshSchoen I think the idea that modern federal governments are “bad at spending our money” is overblown.

The economist @MazzucatoM has a convincing argument that the USA government’s spending has lead to increased innovation and growth.

https://www.wired.co.uk/article/mariana-mazzucato

@wtsnz @JoshSchoen This law won’t apply to you, me, or the 330 million people who live in the USA.

It applies to the 700 people who make $100+ million per year (or have more than $1 billion in assets).

@JesperBylund https://www.epi.org/blog/analyses-claiming-that-taxes-on-millionaires-and-billionaires-will-slow-economic-growth-are-fundamentally-flawed/

@luketucker The “household budget” analogy doesn’t work with the government for a number of reasons:

https://en.wikipedia.org/wiki/Government-Household_analogy

RT @thefirejar: 1/ I enjoyed this @IndieHackers convo between @csallen and @mijustin. Full of business insights and general life wisdom. A…

@yongfook Yup, there are no shortcuts in SaaS.

@manast That’s a good question: how are billionaires like Musk (and Bezos) able to spend hundreds of millions of dollars (personally) if they have no (taxable) income?

(Answer: Musk has taken out $548 million in loans [using TSLA stock as collateral] to avoid paying income tax)

@luketucker “Most economists view the proposals for a perpetually balanced budget with bemusement.”

https://opentextbc.ca/principlesofeconomics/chapter/30-7-the-question-of-a-balanced-budget/

@manast That chart indicates that the top 1% (those who earned more than $540k in 2018) paid a greater percentage of total tax revenue.

You know who’s missing from this picture? Billionaires like Elon Musk.

“Musk paid no federal income taxes at all in 2018.”

https://www.forbes.com/sites/elizahaverstock/2021/12/15/elon-musk-is-likely-paying-more-than-8-billion-in-taxes-this-year/

@JoshSchoen The context here is the proposed wealth tax (which would apply to 700 people in the USA).

https://www.forbes.com/sites/jonathanponciano/2021/10/27/new-billionaire-wealth-tax-targeting-assets-of-700-richest-americans-unveiled-heres-how-the-democratic-plan-would-work/

@jonfriesen @reedallred Yes.

*much much much smaller scale 😉

@aarondfrancis Details here.

“The tax would likely apply to about 700 people.”

https://www.forbes.com/sites/jonathanponciano/2021/10/27/new-billionaire-wealth-tax-targeting-assets-of-700-richest-americans-unveiled-heres-how-the-democratic-plan-would-work/

I own a Tesla. I’m a fan of the product.

I also think billionaires should pay more tax.

@reedallred I own a Tesla. I’m a fan of the product.

I also think billionaires should pay more tax.

@jessethanley @aarondfrancis I’m not sure about you, but Kerry Packer isn’t the kind of character I want to be emulating. 😬

@aarondfrancis That’s the context for this whole thing!

The Dems are currently trying to pass new tax policies and Elon doesn’t like them.

https://www.nytimes.com/2021/10/26/us/politics/democrats-billionaires-tax.html

@jonfriesen @reedallred But, again, it’s not really the same as Musk is it?

1. Mustache is using his stock portfolio, which he (presumably) paid for using after-tax dollars

2. He can’t do this too often (and definitely wouldn’t live off loans this way)

3. His upper bounds for loans is likely $1m?

@reedallred You and I can’t take out loans for millions (or hundreds of millions) by using our stock as collateral.

You and I (I’m guessing) have to pay ourselves salary and distributions (which are immediately taxed).

You and I aren’t living 100% off these kinds of loans.

It’s different.

@solodiveco @dvassallo What??

Exercising stock options has nothing to do with “cashing out.”

You’re simply buying more stock.

@reedallred Ok. My bad. You’re exactly the same as Elon. 😉

(Curious; what’s the interest rate they’re giving you? How big of loan can you take out?)