Tweets

@christophrumpel Laracation sounded amazing https://overcast.fm/+eLf1SihTs

@EspreeDevora @shepodcasts 🥰

@evankirby That was a good run.

@damengchen Congrats! Such a great milestone to hit. 🎉

@Shpigford Probably the same reason that pogs, Beyblades, hockey cards, pokemon cards, and fidget spinners are no longer big (or as in-demand).

@TransistorFM @Julian @csallen Just finished listening to episode one!

As someone who likes to argue on the internet about facts, you guys gave me a lot to think about:

"Wrap facts with stories"

Eye-opening to go through these old milestones on @IndieHackers.

This one from 2019: "A year ago, I was super stressed about money. @transistorfm was under $1k in MRR and I was wondering: 'How long can we hold on?' By July 2019 we crossed $20k in MRR."

https://www.indiehackers.com/product/transistor/we-crossed-20k-in-mrr--LjRpzk6eMF0ad1u38rc

@heyjoshwood "It's like the perfect lubricant solution..."

(✍️ me taking notes)

Also, I didn’t know about lubricant sheets @heyjoshwood

@AlbanBrooke @opensea How is that different than Harry Markopolos investigating Madoff and exposing the evidence?

@AlbanBrooke @opensea we *did* need a whistleblower though?

https://twitter.com/ZuwuTV/status/1437921263394115584

I’m primarily listening for @StarrHorne’s printing press updates.

Listening to the founders of @honeybadgerapp enjoy each other’s company is an absolute delight:

https://overcast.fm/+RSdH43dXQ

@AlbanBrooke How is that different than normal insider trading, and the way we catch those folks?

@mubashariqbal But that’s not the case with OpenSea, correct? It’s a central exchange hub?

@fran_rimoldi But isn’t OpenSea a central hub?

I’m honestly trying to give crypto a chance.

But I’m increasingly concerned that this revolution isn’t delivering on its promises of egalitarianism and security.

@raphacaixeta I’m trying to find the good!

I’m increasingly concerned that this revolution isn’t going to deliver on its promises of egalitarianism and security.

@marcelpociot @thekitze @usefathom ☝️ came here to say this

Also, is how is OpenSea “decentralized”? It seems quite centralized to me!

The argument that “this type of corruption is more easily exposed with crypto” seems overzealous.

With traditional securities, we’ve exposed insider-trading the same way: by noticing anomalies.

Wouldn’t the anonymous nature of crypto make it more disposed to corruption?

@fran_rimoldi How is this any different than how we’ve exposed other insider-trading scandals?

We’ve tracked insider trades the same way with other securities: by noticing anomalies.

Also, is OpenSea decentralized? It seems quite centralized to me!

@realictionboy How is this any different than how we’ve exposed other insider-trading scandals?

Also, is OpenSea decentralized? It seems quite centralized to me!

I thought our decentralized crypto future was supposed to be devoid of corrupt elites taking advantage of the average user?

https://nymag.com/intelligencer/2021/09/a-very-very-crypto-insider-trading-scandal.html

@mjwhansen When you go to your invite link settings, has your invite link expired?

@earthlingworks @ljin18 Sorry, I meant “contributors.”

Example: it sounds like crypto folks are suggesting that the next MailChimp won’t be owned by founders exclusively, but will have shared ownership via minted coins?

@thedannorris @tmeire_ @SquadCastFM @TransistorFM Game changer! 💪

@ljin18 Is that happening anywhere yet though?

I keep hearing the promise of shared ownership for creators, but I don’t see any real-life examples.

👀 "Substack alternative" now listed on the @meepsapp homepage.

https://meeps.app/

@EspreeDevora @MrVincent13 @Zach__Moreno @AlbanBrooke Is it a WAV file? (Or uncompressed in another format?)

You really need to convert it to MP3 first. 👍

750MB is too big and won't work for most folks (especially listeners who download episodes to their device – they'll run out of space!)

https://support.transistor.fm/en/article/how-large-can-podcast-audio-files-be-24xevb/

Nice! @joshuaanderton just added the ability to charge for "Sponsorships" in @meepsapp (one-time, monthly, annually).

💰 Perfect if you want to earn sponsorship revenue from your community, newsletter, Discord group, membership, or podcast!

👉 https://meeps.app/

@geetfun @arvidkahl @BankMercury Not a huge issue. If it's a C-Corp and you're issuing dividends, there's info here:
https://ca.rbcwealthmanagement.com/documents/380894/380910/Website+Tax+Implications+of+Investing+in+the+U.S.+2016.pdf/

RT @mijustin: Growth tactics for SaaS really depend on your product category.

Overall, SEO has been a consistently good channel.

In our c…

@thedannorris @tmeire_ @SquadCastFM @TransistorFM Happy to show you around @TransistorFM 👋

This is how I'm making podcasts these days:
https://youtu.be/N41v30oLM2o

Growth tactics for SaaS really depend on your product category.

Overall, SEO has been a consistently good channel.

In our category (as with most web hosting) affiliates work well.

Participating in communities has been helpful too (for me: Reddit, @megamaker, Twitter, Discord)

@arvidkahl Honestly, these days I tell people to incorporate in the US just so they can use @BankMercury. 😅

https://twitter.com/mijustin/status/1020011279996485632

@taylorotwell 🤣🤣

@theDanielJLewis I believe the first show I regularly subscribed to was @leolaporte's TWiT.

@kevinrose and @alexalbrecht's diggnation was shortly after.

Those early podcasts are what inspired me to start my own show in 2012, and eventually lead to the founding of @TransistorFM!

@brennandunn Did you hire someone to film it?

@ericlaw *millions of units

@dr It really depends on the product category you’re in.

Overall, SEO has been a consistently good channel.

In our category (as with most web hosting) affiliates work really well.

Finding (or starting) communities has been helpful too (for me: Reddit, @megamaker, Discord groups)

RT @mijustin: Nobody wants to give up their position. We're self-righteous. We hunker down and go back to listening to the voices that affi…

No!!!!!! 😭

https://variety.com/2021/tv/news/norm-macdonald-dead-dies-snl-1235064570/

@amandanat 💯

https://twitter.com/mijustin/status/1254209684409479174

I differ with @nbashaw here:

"When dealing with a new paradigm, reason has its limits. The best strategy is to embrace curiosity, and don't worry too much."

☝️ Some shifts have the potential to be destructive; they're not always neutral, or benign. Transformative criticism FTW.

YES THIS.

https://twitter.com/jamesvandyne/status/1437866301473447937

@ClaudioDekker yup

A must-read by @nbashaw:
https://every.to/divinations/overcoming-web3-bias

"Some days I feel like NFTs, DAOs, and DeFi might replace the very foundation that society rests on.

Other days it feels like 90% vaporware and Ponzi schemes that collectively emit more CO2 than a medium-sized country."

There are apps for iPhone (like Camo from Reincubate) that do this; but I don't want to have to plug my iPhone into my computer, and set it up on a tripod, each time.

I like a camera that's permanently set up. I just click "on" and I'm on.

@EricBranner There are apps for iPhone (like Camo and Reincubate) that do this; but I don't want to have to plug my iPhone into my computer, and set it up on a tripod, each time.

I like something that's permanently there. I just click "on" and I'm on.

@FullHarbor @coreyhainesco Yeah. I saw that. The problem is, none of these new webcams have the engineering resources that Apple has.

The Ecamm Facecam also looks good; the Riyo Kayo is "pretty good."

But I want something amazing.

@johnwpeele I've tried it. I just don't love having to continually set it up.

I want a camera that's just there, and I just flip a switch.

@blbraner I have the Panasonic G7 connected through a Camlink 4k.

And I recently got the Razer Kiyo Pro.

But I'd love a dedicated "webcam pro" from Apple that uses their best image tech.

I don't want to use my iPhone as a webcam.

I want a separate Apple webcam that has the same lenses, sensors, etc...

I want to replace my DSLR/Camlink setup.

https://youtu.be/LBP4DEJAsjU

Seriously: if Apple just made a webcam with all this iPhone image tech they'd sell millions.

@sarah_edo Congrats! They’re lucky to have you!

@MoonLamboio @APompliano But that’s ridiculous, isn’t it?

You’d expect the official Litecoin account to know what was going on?

You’d expect them to check internally first? “Hey, do we really have a partnership with Walmart?”

@louisnicholls_ @TylerMKing Nice. Hadn't heard of a few of those.

Always nice to see a diverse field of successful founders. 👍

@louisnicholls_ @TylerMKing Any other (fairly recent) bootstrapped SaaS, who have attained profitability + FT for founders, that we should consider?

@louisnicholls_ @TylerMKing In one way, you *want* to focus on survivorship bias when studying SaaS.

You're looking for the characteristics of the SaaS that "made it."

If we include "all founders who start a company" the data isn't going to be helpful either (so many reasons for a business not to work)

@TylerMKing @louisnicholls_ Difficult to measure, because you're only looking at successful companies, but my guess is it takes *less* time now.

Look at @tuple, @TransistorFM, @usefathom, @tailwindcss, @carrd.

The world needs software more than ever; stronger market pull today.

This deal makes Intuit's acquisition of Mint in 2009 for $170 million seem like peanuts.

The Mailchimp deal is 70x bigger; and Mint had ~$30 million in funding.

https://mint.intuit.com/blog/press/intuit-to-acquire-mint-com/

@TylerMKing Yup, @TransistorFM was a part-time project.

Jon started working on the code in 2017.
I partnered with him Feb 2018.

I went full-time April 2019.
Jon went full-time July 2019.

https://transistor.fm/about/

If MailChimp's revenue was $800 million/year, that's a 15x valuation.

ConvertKit's revenue is $29 million/year; so that's a $435 million valuation?

@msukmanowsky Wait, isn't it 15x?

@msukmanowsky $800 million in revenue in 2020

https://twitter.com/mijustin/status/1437518715159924736

According to @HowIBuiltThis, MailChimp did $800 million in revenue in 2020.

(Forbes Magazine estimated that MailChimp would only sell for $4 billion)

https://www.npr.org/2021/07/09/1014699766/mailchimp-ben-chestnut

Remember: MailChimp was a side-project for 6 years before the founders went full-time.

From side-project to $12 billion acquisition. How many people can say that?

https://twitter.com/mijustin/status/1049485785936711681

Wow.

"Intuit has agreed to pay total consideration of approximately $12 billion to acquire Mailchimp"

https://investors.intuit.com/news/news-details/2021/Intuit-to-Acquire-Mailchimp/default.aspx

@JackEllis @litecoin @LTCFoundation Yeah. I tweeted that earlier in the thread.

@shanepicker @APompliano It was *the Litecoin team* that tweeted the false press release.

"one of our social media team members was a little too eager and shared the story from the Litecoin Twitter account"

Weren't we talking about doing "due diligence before publishing?"

https://twitter.com/LTCFoundation/status/1437484869664137221

@timberowl @APompliano Except he was fine to talk with me when he thought he was right.

As soon as I pointed to the @LTCFoundation saying @litecoin *was* an official channel, he blocked me.

@jivebot @Lockedown_ Except, these accounts have millions of followers who believe what they say.

Crypto is increasingly becoming mainstream; there has to be some accountability.

@APompliano @litecoin @LitecoinProject @TheRealXinxi Update: turns out @litecoin *is* an official @LitecoinProject / @LTCFoundation account.

"one of our team members was a little too eager and shared the story from the Litecoin Twitter account"

What was that about "more due diligence before publishing?"

https://twitter.com/LTCFoundation/status/1437484869664137221

@shaisc Awesome to hear it! 🙏

This has been helpful to me when I'm out with friends at the bar:

https://justinjackson.ca/nobooze

Ironic that Pomp's initial critique of the media was that they didn't do their "due diligence."

He's an insider, and he didn't check to see if @litecoin was an official channel of @LTCFoundation?

https://twitter.com/APompliano/status/1437433843540189185

Instead of admitting he was wrong, @APompliano blocks me?

Is this the kind of accountability we can expect from the crypto community?

If you're tweeting in good-faith, tell the truth when you make mistakes.

@MoreWillie @litecoin Does this change your take?

https://twitter.com/mijustin/status/1437489185540038663

@TheGronk30 @APompliano Does this change your take?

https://twitter.com/mijustin/status/1437489185540038663

Update: it turns out @litecoin *IS* an official @LTCFoundation account.

"one of our social media team members was a little to eager and shared the story from the Litecoin Twitter account."

@apompliano, who is regulating crypto orgs for not doing diligence before publishing???

Facts:

- the verified @litecoin account tweeted about partnership with Walmart
- Litecoin prices spiked
- Walmart said the story was fake
- @litecoin still hasn’t publicly retracted its tweet
- no evidence that @litecoin isn't an official @litecoinproject @LTCFoundation account

This "blame the media" trope is incredibly tired.

(it's the same trope used by televangelists and crooked politicians)

The crypto community isn't taking these "pump-and-dump" scams seriously.

They continue to stan for Elon, @litecoin, and other sources that manipulate prices. https://twitter.com/APompliano/status/1437429016223535110

@APompliano Pomp, are you *sure* that @litecoin isn't run/sanctioned by @LitecoinProject?

https://twitter.com/mijustin/status/1437464148070133765

@TheGronk30 @APompliano But they did check with Walmart, and then they updated their story.

In our current climate, everyone is quick to tweet. It moves fast.

But, at least the major media outlets correct themselves.

Still no public correction/apology from @litecoin.

@thejadedcitizen @APompliano I'm also wondering about this: https://twitter.com/mijustin/status/1437464148070133765

@TheGronk30 @APompliano also: https://twitter.com/mijustin/status/1437464148070133765

@MoreWillie also... what major news sources published this?

@APompliano Also: how do we know for sure that @litecoin *isn't* being run/sanctioned by @LitecoinProject?

(core litecoin folks like @TheRealXinxi follow @litecoin)

@TheGronk30 @APompliano What major news publications published this btw?

@MoreWillie @litecoin Even more worrisome: doesn't this case exemplify a huge risk for crypto?

These short-sell scams are particularly well-suite for crypto, where the price can fluctuate rapidly.

Scammers will continue to find any holes they can (whether it's Elon's account, @litecoin, etc)

@MoreWillie But they fixed it right away?

That Litecoin account still hasn’t posted an update.

How is fixing a mistake (right away) make “bad?”

Before targeting the media, I’d criticize (in this order):

- the Litecoin team
- @litecoin
- GlobeNewswire
- Twitter verification

@MoreWillie https://twitter.com/mijustin/status/1437439849129144329

@APompliano That seems more of a knock on the burgeoning “crypto news” industry than traditional media (@litecoin hasn’t published a correction)

Also a knock on the official Litecoin team for not cleaning up that mess a long time ago? No official tweets from @LitecoinProject since 2020?

@APompliano This is a ridiculous take.

The *verified* Litecoin account tweeted an official press release stating something as fact. Of course, that will get spread.

Since finding the truth, all major outlets quickly published an update.

This is not a time to knock the news media.

@MoreWillie This is a ridiculous take.

The *verified* Litecoin account tweeted an official press release stating something.

Since finding the truth, all major outlets quickly published an update.

This is not a time to knock the news media.

👀 https://twitter.com/every/status/1437253125732061190

@aarondfrancis @JacobBennett @gonedark @enunomaduro Followed by LaraPoutineCon 🍟🇨🇦

@aarondfrancis @JacobBennett @gonedark @enunomaduro LaraSyrup 2021 🇨🇦

@AndyDidorosi 💯

I also like the simplicity and strength of a good story.

When I start with a story, I set the audience and myself at ease.

@heydavidaustin @noahwbragg I did a comparison here:

https://youtu.be/LBP4DEJAsjU

I’ve also heard good things about the Elgato Facecam.