It's both fantastic and annoying to see how quickly @DanielLurie has whipped SF back into shape. I realize there's a ton more to do, but the fact this seemed like an intractable problem for years to the previous administration(s) is bonkers in light of how much Lurie has already accomplished. Kudos also to @agarwal and the GrowSF team for helping set the table for the new mayor.
i don't know what sf's PR team is doing but i'll do the work for them
i just wandered 20 minutes on a beautifully clean market street, no rotten smell, no people screaming in my face, no one doing heroin. this is powell station:
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@rickygervais mother always told me that being verified on the INSIDE is what counts.
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Our team at 01 Advisors put together this community a couple weeks ago to help the Twitter Alumni Network stay connected as a large number of folks work to figure out what's next. It's active and productive and has already been a great resource for people
md15q1upti9.typeform.com/to/…
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The only thing worse than Biden stepping down is Biden stepping down and then the party annoints Kamala without any contest. So, of course that's what seems to be happening. She will get trounced. Word salad when she answers questions, came in 6th out of 6 in the 2020 primaries, too inauthentic when she speaks. Her supporters are saying it's the only fair thing to do...but that's not the point. The point is to win. Oh well, c'est la guerre.
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There's no enthusiasm for Biden. He can't win. Democrats will stay home in droves and Trump's margin of victory will be larger than expected. Ask any group of 20-30 yr olds if they're excited to vote for Biden. If you're not energized, you're more likely to stay home.
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Random: When @nikesharora took over as CEO of Palo Alto Networks, i remember thinking "head of sales business guy taking over a deep tech company in a space with lots of existing competitors and new entrants. Good luck!" ...Stock is up 5x since he became CEO and they've aggressively kept pace in the rapidly evolving Cloud, Application, and Network cybersecurity landscape with internal development and M&A. Impressive
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Dear New York, San Francisco previously ran this experiment and it don't work.
(@growsf, you're going to need a brooklyn bureau)
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Props to @nikitabier ... it is quite something to go into a 15-20 year old code base....ANY 15-20 year old code base, and act as quickly and nimbly as he has in making a variety of changes that certainly appear to be adding a ton of user value (and associated use metrics). Very impressive**
** (yes, i know it's a lot of people not just him, and let's all pretend you already made the joke about the Twitter code base vs other code bases and maybe just go for a nice walk outside instead)
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You know you're in rare company when he says "you've got it all wrong, I'm a lot more like Genghis Khan than any of these other guys"
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This is precisely the kind of idiotic behavior that will guarantee you keep losing elections. This is "defund the police" level stupidity.
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Adam's got most of the juicy details in his post below, so i'll just say what a pleasure it is to be working with two of the very best go-to-market executives on the planet in @adambain and @davidbfischer as we announce our 3rd fund at 01 Advisors.
We have raised a $395m Fund 3!
Even better: @davidbfischer, former Facebook CRO, is joining us as Partner!
techcrunch.com/2023/11/07/01…
After years of competing against David, it’s amazing to be on the same side of the table now. @dickc and i feel so lucky to work with him :)
Our for-operators, by-operators fund is prob the only one where the partners have previously taken their companies from $0-$123B in yearly revenue.
(Yes, David represents $121B of that!)
And, @LiatBycel has joined us as an Operating Partner to work with our portfolio companies. Liat helped grow Airtable to $200m ARR — she’s incredible!
Our focus is still the same:
We come in right after companies have found product-market-fit and we help with scaling and GTM. We are mostly Series B but also late As. We love B2B SaaS (most of what we do) but would like to find some more consumer biz too!
We work with Founders at a very critical time: when their companies are scaling and those Founders/CEOs are looking for help from people who have been there before.
If you’re a Founder who is about to go thru a scaling moment, my DMs are open!
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Companies that have built the next generation software stack like @figma, @linear, @NotionHQ , @Attio are all distinguished by founding teams that have a powerful design sensibility; one that enables them to craft products that feel elegant, simple, and "the way it should have been all along." We are so excited to join the team at @attio as they continue to reimagine and redefine CRM.
We've just raised $33 million to accelerate our mission: building the definitive CRM for the next generation.
Since launching last year, Attio has seen significant growth. We now count some of the most forward-thinking, high-growth startups as customers and have built one of the most powerful, flexible products in the market.
But to drive real change in this category, you have to be firing on all cylinders.
To capitalize on our momentum and seize the massive opportunity before us, we've strategically raised these additional funds.
This investment is led by our existing partners Redpoint Ventures, Balderton Capital, and Point Nine, along with our new parter 01 Advisors. It will allow us to push even harder on our core vision: reinventing CRM for the next era.
I. Why we decided to raise
CRM isn't just another market. It's one of the most important B2B software categories – an $89 billion behemoth that touches nearly every business. But it's been stuck in the past for too long.
Now the category is at a watershed moment. While many believe this moment started with AI, the truth is that CRM has been bursting at the seams, on the cusp of revolution for years. This is precisely why we founded Attio.
Today's incumbents were built two decades ago, at the dawn of internet era, long before data growth became exponential.
Now, with AI as the final catalyst, everything is set to change. But simply bolting LLMs onto legacy infrastructure won't work. Nor will trying to build workarounds for outdated data models and inflexible architectures.
II. What we're building
CRM needs a ground-up reimagining. This vision drove us to found Attio and it’s why we spent three years building such a strong foundation before our launch last year.
This funding will vastly accelerate our vision of CRM in the AI era, which is built 3 on pillars:
A system of record - Our powerful, AI-native data model is designed to be the modern system of record. It can match any business or data model with custom objects, and it stores information with rich, structured metadata. It's incredibly fast, handling massive workloads with millions of records at sub ~50ms latency. We spent many years painstakingly building this foundation.
A system of context - Attio will automatically ingest and understand your data – both structured and unstructured – capturing the details and aspects of every video call, meeting, email, document, or even data from the web. It’ll present this information in a way that is always relevant and useful to you.
A system of action - A comprehensive platform where you can architect and drive your entire GTM strategy, leveraging AI to anticipate needs, automate complex tasks, and initiate processes across your whole stack without manual effort.
We're not here to make incremental improvements. We're going to redefine CRM, and we'll be shipping plenty of powerful, groundbreaking features—AI-driven and otherwise—along the way.
III. Backed by the best
We’re fortunate enough to be backed by unique, visionary investors who believe in our dream to revolutionize the most important B2B software category.
Alex Bard (Redpoint Ventures), Daniel Waterhouse (Balderton Capital), and Ricardo Sequerra (Point Nine) have all invested again in us.
Dick Costolo (01 Advisors) has also joined this fundraise. His experience as CEO and COO of Twitter, as well as advising world-class companies like Linear, Common Room and Airtable, will be incredibly valuable for us.
V. Come join us
If revolutionizing one of the most important software categories and building the engine for businesses everywhere interests you, please reach out to us.
Read more 👉 attio.xyz/funding
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Have spoken to a few successful investors & Biden supporters saying it would be disastrous now to replace him. This is an excellent example of people who understand Sunk Cost Fallacy in one domain but are completely blind to it in a second domain.
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Dear Chinese Government, year-long detentions for sending a sarcastic tweet are neither the way forward nor the future of your great people.
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Once in a rare while, somebody comes along who doesnt just raise the bar, they create an entirely new standard of measurement. #RIPSteveJobs
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With the @umichfootball graduating seniors in the tunnel of the Big House before commencement. #goblue
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just to play devil's advocate: a better question might be "what high school senior, not having read ALL THE BOOKS, will possibly be able to out-write a machine in 5 years?" (also, i almost wrote 'outright', so, you know,...while we're judging writing prowess)
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Too many people believe that the CEO role is about being a teacher. The CEO role is about being a student.
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whoa whoa whoa.
you don't call, you don't write...then these sudden midnight generalizations?
If you prick us, do we not bleed? I mean, you know, I believe that's from the Merchant of Venice, but i'm talking specifically about me. I definitely bleed. Thin-skinned bleeder here.
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Steak tartare in six seconds. vine.co/v/bOIqn6rLeID via @dhof
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Wont post the photo to protect the guilty, but there is a 300 person line in Soho for a skin care pop-up at 10:30am on a beautiful sunday in new york. Like all soho pop-up lines (and there are many!) it's not really moving and designed to make the brand look even more popular by having a long line. It should be true that time is your most valuable and ever-diminishing asset, and yet people treat time like they do their health, ignoring and/or abusing it. Of all the things you could do at 10:30am on a beautiful manhattan sunday morning.
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Why companies lose: Failure of conviction, failure of imagination, failure of backbone, failure of execution.
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Karri has always reminded me of @zoink in many ways, including but not limited to
- a careful thinker. all responses are calm and considered
- an artisan-like focus on Design and Purpose
- no shortcuts. no edge or far corner of the company/product are unworthy of his attention
Has been a delight to be along for the ride
Happy to share that @linear has raised a Series C at a $1.25B valuation, led by Accel.
I’m proud of how far we’ve come while staying true to our way and values.
In this next stage, Linear will be the purpose-built tool where teams, AI, and agents build software together.
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The shockingly bad takes from journalists and politicians on both the right and the left about SVB (w/ Elizabeth Warren's nutty take in the NYT probably the winner) is your regular reminder that the people who least know what they're talking about tend to do most of the talking
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Two Twitter lists about what is happening in Boston right now:
nitter.app/meetmarshall10/boston-…
nitter.app/dannysullivan/watertow…
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Morgan Freeman Narrates Himself: Breakfast vine.co/v/hAYVUlazgTB
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The betting markets seem to know what the Democratic party doesn't. It's over for Biden.
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Too bad @elonmusk never found the proper motivation to do anything with his life. Sad to see him lying around running less than 4 companies
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This is really good. The sections on traits of top founders and founder assessment among partners are particularly great but the whole thing is great.
Uncapped episode #2 with @rabois is out! Here's what we discussed:
(0:00) Competing where you have an advantage
(2:29) Traits of top founders
(7:16) Picking people
(9:57) Being a consigliere to founders
(13:54) Founder assessment among partners
(21:51) Level of confidence at first investment
(26:43) Advantages of a large fund
(31:06) Raising in a frothy market
(35:47) Tech and the government
(43:21) Being vocal on politics
(46:47) Valuing board members
(52:24) Former operators vs career investors
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Typical flight to SFO #myVXexperience (FAQ: Yes, i'm actually working. No, i don't usually ride up front. Yes, really)
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I'm having a hard time guessing the dress code. @Jason looks like Dean Martin, you look like you just boarded a yacht in Capri, and Friedberg is going to his high school prom.
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Stephen Miller is freaking out the way Seinfeld would act upset in his TV series, by just yelling in a much higher-pitched voice. There is something delightful about watching this guy lose it, he's usually such a supercilious brat.
On Fox News, Stephen Miller is very upset that Joe Biden dropped out and Kamala Harris is running for president.
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To everybody repeatedly asking why I'm not verified if I'm the CEO: I am verified in my own mind, and Mom said that's all that matters.
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"What makes us happy in our work" -Worth a view, even if you think you already understand this: ted.com/talks/dan_ariely_wha… hat tip @amac
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It's already legendary, and it's quite possible there will never be another internal email from a CEO as good as this: http://bit.ly/ckni1o
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Well, you don't see that every day... Cowboy Stadium Shot vine.co/v/hbZrutJ5bm7
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Help us help these Ukrainian women, refugees from the war themselves, build out their school for Ukrainian children in Krakow, Poland. More on their story in the GoFundMe below.
gofundme.com/f/project-unity…
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I'm frequently asked how CEOs can best use Twitter. @jedyork is a fantastic example. Authentic, direct, & most importantly, listening
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Me: "Why are those guys dressed like Batman?" Him: "Because The Dark Knight Rises opens tonight at midnight" me: "I repeat my question"
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Who should serve more prison time: the two girls who threw tomato soup at van gogh's sunflowers or the person who published a "vegan cacio e pepe" recipe in the NYT cooking section yesterday? Discuss.
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@rickygervais I think the common lesson learned here is that listening to your mother will get you nowhere.
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@umich @umichbball some of the Michigan graduates at Twitter prior to a few of them getting on a plane to Atlanta
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The volume of people who strangely confuse the publishing constraint (140, 5-7-5, etc.) with the reader's attention span is remarkable
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I can't tell if Robert Reich wants you to hate him or not, but whatever the case, it's working. Also, that blue tshirt with the maroon sweater, Mon Dieu!
(worth noting he must have grad students making these nitwit cartoon clips...seems like a great use of time)
Elon Musk came from a family that owned an emerald mine in Apartheid South Africa.
Bill Gates’ mom helped Microsoft get a deal with IBM.
Jeff Bezos’ garage-based start was funded by a quarter-million dollar investment from his parents.
“Self-made billionaires” are a myth.
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And for the second time in a year, I get to reset the counter on "Days since death threat by blowtorch" to 0
#keepthosecardsandletterscoming
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Was not watching men's Wimbledon final. Checked Twitter. Now watching men's Wimbledon final.
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in Rome: copy of Kama Sutra thrown out 2nd story window above cafe, bounces off awning, lands in street. Man next to me: "they finished it"
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Sitting next to Madonna at Locanda Locatelli. Anticipating her "sitting next to @dickc" tweet any...moment...now...
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Bulk/auto following/unfollowing are prohibited. They inevitably result in polluted timelines, spam via DM, and inappropriate account ties.
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Psyched! Two new board members & Kleiner Perkins will help grow Twitter to infinity & beyond: bit.ly/ia2Mzd @johndoerr @disneypixar
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Loving the new tweet composer in the latest Twitter for iOS and Android releases. #goteam
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"the most thoughtful, honest and realistic policy to come out of a technology company in a long time" via @smalera blogs.reuters.com/paulsmaler…
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Back from a week cooking in kitchens and trattorias across Italy with @davidnayfeld. Learning a new skill and practicing it next to experts is hard, exhilarating, and humbling in the best way. A craft where you cant BS your way through, and if you do, you get your ass kicked.
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London Olympics have connected a number of cameras at different venues to Twitter accounts. Here's the pool camera account: @L2012PoolCam
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Excited that Twitter Chairman @jack will be returning to the company day-to-day leading product as Executive Chairman
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In bed with a historical biography at 9:25.
I'm pretty sure I'm the only person in Las Vegas saying this.
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It is regularly the case, at least in the US, that women founders/ceos get shit for, get canceled for, and even go to jail for things that male founders get away with.
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I remember when I first ran into Alex at a tech conference and Palantir was still in its infancy, he was doing Tai Chi off on the grass by himself between sessions, then when he was onstage as part of a panel, one of his first comments was, randomly (and to nervous laughter in the audience), railing against monogamy. I've always loved how forthrightly he communicates and would probably be healthy if there were more alternative perspectives and approaches out there.
nytimes.com/2024/08/17/style…
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Amazing morning. Congratulations to everybody @twitter that poured their hearts into this #NewNewTwitter #LetsFly
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Business pace of execution is like working the speed bag in boxing. It's not how hard/fast you work, it's how smoothly/consistently you work
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Attio's CRM solution reminds me of other great "next generation" software products like @figma , @linear , etc. A product founder with a precise vision for how things could and should be, coupled with an elegant understanding of design, alongside a killer engineering team that produces a result you use and think "oh, THIS is how this should work"
We just put 50+ GTM leaders on Nasdaq's board in Times Square. Why?
We're about to witness a seismic shift in CRM – one that even surpasses the cloud revolution of 1999. AI is here, and it's going to change everything.
The category has been on the cusp of revolution for years. At Attio, we've been preparing for this paradigm shift since our founding, with a clear vision for the next generation of CRM.
But great ideas don't exist in a vacuum. CRM is one of the most widely used tools in business, and its future in the AI era will be shaped by many voices.
That's why we reached out to 50+ GTM leaders – the people who are actively building companies and using these tools every day.
We wanted to understand their thoughts on the future of CRM in the AI era, and start a conversation. So we took it to Times Square, where their perspectives will be shared all week.
We've compiled their insights, along with our own vision, into a manifesto for the future of CRM. It's a glimpse into what's possible when AI meets customer relationships. It's what we're building at Attio.
Read the manifesto 👉 attio.xyz/next-gen
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If you're the Daily Mail reporter who got your boss to fly you to the US to go to my home looking for me during work hours today, good move!
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Finished @umich commencement speech. Safe to assume audience has read Sartre's essay on phenomenological ontology in the original French?
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Was askd what i meant by "goals not competitors" We create more value by focusing on being the best than we do by focusing on "beating them"
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After talking to the teams at Crashlytics and Bluefin Labs, I'm even more excited about our plans for Twitter Boston (well, Kendall Square)
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Happy New Year. To all my colleagues at Twitter: I love working with you, and I can't wait to see you all at the office tonight at midnight
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Calling Twitter a microblogging service misses its transformative impact. Like calling an automobile a “horseless carriage”. #mwc11
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I remember thinking (and writing here) that Claire's interview in Elad Gil's "High Growth Handbook" was some of the best management advice i'd heard in a while. No surprise that "Scaling People" is now being hailed as the new go-to management book in tech circles.
The @chughesjohnson stans have spoken!
So excited to see that Scaling People is now a WSJ Bestseller: wsj.com/articles/bestselling… (a first for @stripepress!)
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John Donahoe is quietly one of the most impressive CEOs out there. What he's achieved at eBay over the past few years is fascinating.
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It is a remarkable tribute to the bloat, incompetence, & politicization of the SEC that they waited 4 years to sue* for an action that was widely known when it happened. Somebody should make a "Silicon Valley" sitcom about these regulatory agencies; the elevator pitch is "Yes, Minister" meets "Billions"
(and then the suit is that he didn't disclose in a timely fashion but the suit is filed 4 years after the action...the show practically writes itself)
Filing: the SEC sues Elon Musk, claiming he failed to timely disclose a major purchase of Twitter shares ahead of his takeover of the social media platform (@nicola_m_white / Bloomberg)
bloomberg.com/news/articles/…
techmeme.com/250114/p31#a250…
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Impressed by commitment @JalenRose is making to education in Detroit.
Effecting change in education is, tragically, harder than it should be
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Writing this @umich commencement address & thinking i might be quoting too liberally from The Very Hungry Caterpillar.
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I'm guessing this won't stop the "why are you preventing <insert name of cause here> from trending?" questions, but bit.ly/o7nekP
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The surprising answer to "How close to a train track can you setup a vegetable market?" is apparently "negative 1ft" wimp.com/vegetablemarket/
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Had a great time doing this and leave it to @karrisaarinen and the thoughtful team at @linear to put something like it together. Separately, to this day, i have zero self-awareness that i move around this much when i speak. It's really distracting. Let's chalk it up to enthusiasm.
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My one slide at Twitter's global sales conference, Bernini's remarkable Fountain of the Four Rivers #gsc2013
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