My latest story: Other startups love Linear. Will bigger companies, too?
A maker of project software popular with other startups like Cohere and Ramp, Linear has raised $35M in Series B funding led by Accel. It's now valued at about $400M, sources told me for Forbes.
Linear's unusual in that it was already profitable for two years and had negative net burn -- meaning it has more money in the bank than it's raised. Until recently, it had just one salesperson, and it's spent just $36K on marketing over its four years of existence, CEO Karri Saarinen told me.
Founded by 3 Finns and fully-remote, Linear added former First Round Capital partner and Stripe and Notion veteran Cristina Cordova to lead go-to market earlier this year. A who's who of other tech leaders like Dylan Field, Patrick Collison, Dick Costolo and Claire Hughes Johnson are personal backers.
Now Linear is looking to push into bigger businesses, while expanding its tools to cover more points in the product life cycle -- something that excited Accel's Miles Clements. Customers like Job van der Voort of Remote and Anil Varanasi of Meter told me they're big fans... but the question is whether Linear can grow up without losing its magic.
해시태그#startups 해시태그#venturecapital 해시태그#funding 해시태그#fundraising 해시태그#VC 해시태그#developers 해시태그#developertools 해시태그#engineering 해시태그#software 해시태그#productdevelopment 해시태그#product 해시태그#projectmanagement 해시태그#productledgrowth 해시태그#PLG 해시태그#tech 해시태그#technology 해시태그#remotework 해시태그#DevOps
A maker of project software popular with other startups like Cohere and Ramp, Linear has raised $35M in Series B funding led by Accel. It's now valued at about $400M, sources told me for Forbes.
Linear's unusual in that it was already profitable for two years and had negative net burn -- meaning it has more money in the bank than it's raised. Until recently, it had just one salesperson, and it's spent just $36K on marketing over its four years of existence, CEO Karri Saarinen told me.
Founded by 3 Finns and fully-remote, Linear added former First Round Capital partner and Stripe and Notion veteran Cristina Cordova to lead go-to market earlier this year. A who's who of other tech leaders like Dylan Field, Patrick Collison, Dick Costolo and Claire Hughes Johnson are personal backers.
Now Linear is looking to push into bigger businesses, while expanding its tools to cover more points in the product life cycle -- something that excited Accel's Miles Clements. Customers like Job van der Voort of Remote and Anil Varanasi of Meter told me they're big fans... but the question is whether Linear can grow up without losing its magic.
해시태그#startups 해시태그#venturecapital 해시태그#funding 해시태그#fundraising 해시태그#VC 해시태그#developers 해시태그#developertools 해시태그#engineering 해시태그#software 해시태그#productdevelopment 해시태그#product 해시태그#projectmanagement 해시태그#productledgrowth 해시태그#PLG 해시태그#tech 해시태그#technology 해시태그#remotework 해시태그#DevOps
Good heuristic for creating SaaS startups: find a commonly used spreadsheet (eg cap tables) and turn it into a dashboard (eg Carta). Replace email attachments with workflows. Spreadsheets are the long tail of datasets that don’t have their own SaaS tool yet.
https://twitter.com/DavidSacks/status/1078755080478715904
https://twitter.com/DavidSacks/status/1078755080478715904
X (formerly Twitter)
David Sacks (@DavidSacks) on X
Good heuristic for creating SaaS startups: find a commonly used spreadsheet (eg cap tables) and turn it into a dashboard (eg Carta). Replace email attachments with workflows. Spreadsheets are the long tail of datasets that don’t have their own SaaS tool yet.
https://twitter.com/pitdesi/status/1705614393235386471?s=20
The #1 App right now is “Lapse” - a photo sharing Dispo-meets-Snapchat.
You will get a text message from a friend to download the app. It’s bc they require you text 5 friends to use the app. I felt dirty.
It got to the top of the App Store on a pyramid scheme.
Clientside SMS convert at around 30%. 5 invites x 0.3 = 1.5 K-Factor
The #1 App right now is “Lapse” - a photo sharing Dispo-meets-Snapchat.
You will get a text message from a friend to download the app. It’s bc they require you text 5 friends to use the app. I felt dirty.
It got to the top of the App Store on a pyramid scheme.
Clientside SMS convert at around 30%. 5 invites x 0.3 = 1.5 K-Factor
X (formerly Twitter)
Sheel Mohnot (@pitdesi) on X
Oops my tweet mentioned it’s the top app but showed a screenshot of the photo category. It’s actually the top app across all apps right now
https://hellometer.io/
According to operations research, for every 7 seconds of improvement in service speed, restaurants see about a 1% increase in top-line revenue. The average quick service restaurant generates about $1.9 million in revenue per year, so a 47-second improvement from Hellometer translates to approximately $130,000 in added revenue per location. Hellometer has been in business for three years and is a Y Combinator-backed company. It is currently under contract or letter of intent for over 400 locations worldwide, including Hardees, Dairy Queen, Dunkin', Subway, and Church's Chicken restaurants
According to operations research, for every 7 seconds of improvement in service speed, restaurants see about a 1% increase in top-line revenue. The average quick service restaurant generates about $1.9 million in revenue per year, so a 47-second improvement from Hellometer translates to approximately $130,000 in added revenue per location. Hellometer has been in business for three years and is a Y Combinator-backed company. It is currently under contract or letter of intent for over 400 locations worldwide, including Hardees, Dairy Queen, Dunkin', Subway, and Church's Chicken restaurants
Continuous Learning_Startup & Investment
Photo
Answer from Bard.
The image shows the evolution of the world's economic center of gravity from 1 AD to 2025. It is clear that the center of gravity has been shifting eastward over time, from the Mediterranean region in 1 AD to China in 2025.
Key details from the image:
• In 1 AD, the economic center of gravity was located in the Mediterranean region, near the center of the Roman Empire.
• By 1500, the center of gravity had shifted westward to Europe, as Europe became the dominant economic power in the world.
• In the 19th century, the center of gravity began to shift eastward again, as the United States and Japan emerged as major economic powers.
• In the 20th century, the shift eastward accelerated, as China experienced rapid economic growth.
• In 2025, the economic center of gravity is projected to be located in China, reflecting the country's growing economic importance in the world.
Implications of the shift in the economic center of gravity:
• The shift in the economic center of gravity has had a significant impact on the global economy. For example, it has led to increased trade and investment between Asia and the rest of the world.
• The shift has also led to a rise in the living standards of millions of people in Asia.
• The shift is likely to continue in the future, as Asia is projected to remain the world's fastest-growing economic region.
Additional details:
• The image shows that the shift in the economic center of gravity has not been linear. For example, the center of gravity shifted westward from 1500 to 1820, even as the global economy was becoming increasingly interconnected. This suggests that there are a variety of factors that can influence the location of the economic center of gravity, including political and technological changes.
• The image also shows that the economic center of gravity is not always located in a single country. For example, in the 20th century, the center of gravity was located between the United States and Japan. This suggests that the global economy is becoming increasingly multipolar.
Overall, the image provides a valuable visual representation of the long-term shift in the world's economic center of gravity. It is clear that the center of gravity has been shifting eastward over time, and this shift is likely to continue in the future.
The image shows the evolution of the world's economic center of gravity from 1 AD to 2025. It is clear that the center of gravity has been shifting eastward over time, from the Mediterranean region in 1 AD to China in 2025.
Key details from the image:
• In 1 AD, the economic center of gravity was located in the Mediterranean region, near the center of the Roman Empire.
• By 1500, the center of gravity had shifted westward to Europe, as Europe became the dominant economic power in the world.
• In the 19th century, the center of gravity began to shift eastward again, as the United States and Japan emerged as major economic powers.
• In the 20th century, the shift eastward accelerated, as China experienced rapid economic growth.
• In 2025, the economic center of gravity is projected to be located in China, reflecting the country's growing economic importance in the world.
Implications of the shift in the economic center of gravity:
• The shift in the economic center of gravity has had a significant impact on the global economy. For example, it has led to increased trade and investment between Asia and the rest of the world.
• The shift has also led to a rise in the living standards of millions of people in Asia.
• The shift is likely to continue in the future, as Asia is projected to remain the world's fastest-growing economic region.
Additional details:
• The image shows that the shift in the economic center of gravity has not been linear. For example, the center of gravity shifted westward from 1500 to 1820, even as the global economy was becoming increasingly interconnected. This suggests that there are a variety of factors that can influence the location of the economic center of gravity, including political and technological changes.
• The image also shows that the economic center of gravity is not always located in a single country. For example, in the 20th century, the center of gravity was located between the United States and Japan. This suggests that the global economy is becoming increasingly multipolar.
Overall, the image provides a valuable visual representation of the long-term shift in the world's economic center of gravity. It is clear that the center of gravity has been shifting eastward over time, and this shift is likely to continue in the future.
Channel name was changed to «Continuous Learning_Startup & Investment»
왜/누구와/어떻게 살 것인지에 대한 나만의 뚜렷한 이야기와 논리를 가질 것. 그런 스스로의 모습에 자신감과 애정을 가질 것. 그렇지만 세상에는 다양한 가치관이 존재할 수 있다는 것을 이해할 것. 그렇기 때문에 타인의 취향을 겸허하게 존중할 것. 그러면서 무력한 허무주의 및 냉소주의에 빠지지 않을 것.
삶에는 고통이 따라붙기 마련이라는 것을 받아들일 것. 어려운 상황을 웃어넘길 수 있는 여유와 유머를 잃지 않을 것. 함부로 감정이 요동치게 내버려두지 말고, 명경지수와 같은 평온함을 지킬 수 있는 강인한 정신력을 기를 것.
아름다움에 대한 주체적이고 일관된 선호를 가질 것. 인간이 지금껏 창조/발견해온 여러 형태의 아름다움을 즐길 줄 알 것. 베토벤과 뉴진스, 비틀즈와 빈지노, 아리스토텔레스와 라캉, 삼국지와 포에니 전쟁, 양자역학과 생명공학, 톨스토이와 이슬아, 르코르뷔지에와 백남준을 즐기고 또 이에 대해 이야기할 수 있을 것.
경제와 산업, 자본과 금융에 무지하지 않을 것. 현대 사회에서 어떤 변화를 지속가능하게 만들어 나가기 위해 시장 경제에서 뛰어난 경쟁력을 발휘할 것. 당위와 욕망의 교집합을 발견할 수 있는 예민함과 창의성을 가질 것.
영민한 두뇌와 너그러운 마음을 유지하기 위해 건강을 챙길 것. 수면, 식이, 운동 등에 대한 최신의 지식을 유지하고 실행할 것.
생각을 적확하고 유려한 언어로 표현할 수 있을 것.
훌륭한 지성과 영혼을 가진 사람들과 매우 친밀하게 지낼 것. 다양한 사람들과의 교류를 게을리하지 말 것. 그래서 존경하는 사람들과 깊은 애정을 나누되 동굴 속에 갇혀서 편협해지지 않을 것.
도리스 메르틴의 #아비투스 를 읽고 나서, 나는 어떤 아비투스를 가지고 싶어하는 사람인가에 대해 생각해 봤다. 책 자체는 별로였다. 동의하기 어려운 주장도 많고, 사실관계 자체가 어긋난 내용도 많았다. 비추…
윤수영님
삶에는 고통이 따라붙기 마련이라는 것을 받아들일 것. 어려운 상황을 웃어넘길 수 있는 여유와 유머를 잃지 않을 것. 함부로 감정이 요동치게 내버려두지 말고, 명경지수와 같은 평온함을 지킬 수 있는 강인한 정신력을 기를 것.
아름다움에 대한 주체적이고 일관된 선호를 가질 것. 인간이 지금껏 창조/발견해온 여러 형태의 아름다움을 즐길 줄 알 것. 베토벤과 뉴진스, 비틀즈와 빈지노, 아리스토텔레스와 라캉, 삼국지와 포에니 전쟁, 양자역학과 생명공학, 톨스토이와 이슬아, 르코르뷔지에와 백남준을 즐기고 또 이에 대해 이야기할 수 있을 것.
경제와 산업, 자본과 금융에 무지하지 않을 것. 현대 사회에서 어떤 변화를 지속가능하게 만들어 나가기 위해 시장 경제에서 뛰어난 경쟁력을 발휘할 것. 당위와 욕망의 교집합을 발견할 수 있는 예민함과 창의성을 가질 것.
영민한 두뇌와 너그러운 마음을 유지하기 위해 건강을 챙길 것. 수면, 식이, 운동 등에 대한 최신의 지식을 유지하고 실행할 것.
생각을 적확하고 유려한 언어로 표현할 수 있을 것.
훌륭한 지성과 영혼을 가진 사람들과 매우 친밀하게 지낼 것. 다양한 사람들과의 교류를 게을리하지 말 것. 그래서 존경하는 사람들과 깊은 애정을 나누되 동굴 속에 갇혀서 편협해지지 않을 것.
도리스 메르틴의 #아비투스 를 읽고 나서, 나는 어떤 아비투스를 가지고 싶어하는 사람인가에 대해 생각해 봤다. 책 자체는 별로였다. 동의하기 어려운 주장도 많고, 사실관계 자체가 어긋난 내용도 많았다. 비추…
윤수영님
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