BC BUSINESS
Saved by @BhadalkarRajesh

I love Twitter.

It’s truly the Town Square of the Internet.

But finding the diamond in the rough voices can be tough.

Here are 20 of my favorite people to follow:

 1. Alex Lieberman - @businessbarista

Alex writes extensively about the Founder journey.

The cool part is he’s lived everything he talks about - starting from $0 and selling for $75M with hardly any outside capital raised.

My favorite piece:

https://t.co/EB2THxSEKZ
2. Ryan Breslow - @ryantakesoff

Ryan is a Top 1% founder.

This guy is a machine - he’s built 2 unicorns before the age of 27.

Ryan spells out lessons on fundraising, operating and scaling.

My favorite piece:

https://t.co/zT2BnVALal
3. Jesse Pujji - @jspujji

Jesse is who I think of when I think “bootstrapping.”

He bootstrapped his company to an 8-figure exit and now shares stories about other awesome bootstrappers.

He’s also got great insight into all things growth marketing:

https://t.co/DrbVxLD28a
4. Post Market - @Post_Market

Post puts out some of the most thoughtful investment insights on this platform.

It’s refreshing because Post cuts through the hype and goes deep into the business model.

Idk who he/she/it is, but the insights are 💣.

https://t.co/lHzZfzGecV
5. Packy McCormick - @packyM

This guy is literally the definition of not boring.

His long form pieces are hit after hit.

If you want to stretch your brain on where the world is going, you gotta subscribe to his newsletter

My favorite piece:

https://t.co/TX37HCJqiL
6. Mario Gabriele - @mariogabriele

Mario is another of my favorite long form internet writers.

He deconstructs public markets, business models and emerging trends.

Must read and follow.

My favorite piece:

https://t.co/44p3mZIcRW
7. Chris Dixon - @cdixon

Chris leads the Crypto Fund at @a16z and has been on the frontier edge of crypto for the past decade.

If you’re trying to get up to speed on what’s going in crypto, he’s a great source.

My favorite thread from him lately:

https://t.co/KrpUmGS6O2
8. Kat Cole - @KatColeATL

Kat is a human 🦄

She went from no college to leading a $5B conglomerate of some of America's most recognizable consumer brands.

She’s also one of the best communicators I know.

Follow her for all things brand, community, culture and NFTs.
9. Joe Pompliano - @JoePompliano

Joe’s got the best threads breaking down the intersection of tech, business and sports.

I’m a huge sports junkie so his writing is must read for me.

Here’s my favorite piece of his:

https://t.co/RyUbgKbPq3
10. Nik Sharma - @mrsharma

Nik shares really practical, hard hitting advice on all things DTC and Growth.

If you’re interested in e-commerce and brand building, he is “the” guy to follow.

Here’s my favorite thread of his:

https://t.co/jiExQERs02
11. Codie Sanchez - @Codie_Sanchez

Codie talks about "real business."

Car washes, laundromats...cash flowing machines.

Some see that and think: "boring."

I think that's exactly why it’s so cool to follow her.

Especially if you're in the tech echo chamber.
12. Ndamukong Suh - @NdamukongSuh

ND is going to go down as one of the most thoughtful entrepreneurs of our generation.

He writes about being a world class athlete, financial literacy and life lessons.

My favorite piece from him:

https://t.co/HlwjV60gVX
13. Shaan Puri - @ShaanVP

I've known him since college and he still never ceases to impress me.

He’s one of the most original thinkers I know and consistently has contrarian, insightful takes.

I love this thread he wrote on the Metaverse:

https://t.co/zEmnZdMJH4
14: Dickie Bush (@dickiebush) and Nicolas Cole (@Nicolascole77)

The Writing Guys.

They created Ship30for30 and have taught over 2,000 people (!) how to be better writers on the internet in the last year.

They share awesome tips / tricks on how to be a better communicator.
15. Sahil Bloom - @SahilBloom

Sahil has a special way of articulating really complex, nuanced topics in simple & elegant terms.

Over the past year, he's built up a fanbase of 300k+ folks.

Once you start reading his work, it's pretty clear why.
16. Apolo Ohno - @ApoloOhno

My friend Apolo is one of the most decorated Winter Olympians in history.

He's now taking all of that intensity and channeling it back into sharing lessons on life, leadership and mindset.

He's also doing a bunch of cool things in crypto.
17. Trung Phan - @TrungTPhan

I don't think there is a funnier + more insightful guy on the internet right now than Trung.

Trung picks topics that we run across in our everyday lives and breaks them down.

This is my favorite piece of his:

https://t.co/2auq25Fiua
18. David Sacks - @DavidSacks

I'm biased...he may be my favorite bestie.

David shares great lessons and insights on building generational software businesses.

He's got an awesome piece on his blog on the parallels between Michael Jordan and Founders.

Highly recommended.
19. Marc Lore - @MarcLore

Each project Marc takes on gets bigger and bigger.

E-comm legend (founded Jet) --> sports team owner with @AROD --> building a new city (Telosa).

The coolest part is he's super approachable and is bringing others along for the ride.
20. Wes Kao - @wes_kao

I love reading interesting takes on the future of education.

Traditional school is really regressive - saddles folks with debt and gives less upward mobility by the day.

Wes shares nuanced takes on how to break that model.

https://t.co/yjnurEiPdN
That’s it!

It was hard to pick *just* 20 folks.

There’s tons more on this platform. I’ll write Part 2 soon.

Go follow all of these people - my perspectives have expanded big time from all of their insights.
Give me a follow as well if you haven’t - @RomeenSheth.

I write about running a $50M+ bootstrapped business and observations from investing a few million a year into rockstar founders that are way better than me.

More from Romeen Sheth

Romeen Sheth
Romeen Sheth
@RomeenSheth
0/ Nothing pisses me off more than Lawyers ripping Founders off when putting investment docs together.

The worst part is most Investors aren’t helpful - 85% push the bill to Founders.

As an ex-lawyer, I saw all the inside tricks.

Here's how to reduce your legal bill by 90%:

1/ First, it’s important to understand how lawyers make $.

A legal bill has nothing to do with the end deliverable.

Wait what? That’s right. Lawyers make money via the billable hour.

Regardless of quality, you get charged based on how many hours the lawyer(s) spent with you

2/ The second cost variable is hourly rate.

Hourly Rate is a function of seniority of the lawyer you are working with.

Why is this important? Because the hourly rates go up FAST at top law firms.

Junior Associates = ~$400/hr
Senior Associates = ~$1000/hr
Partners = $1000+

3/ Most financings are very routine.

This was obvious at Seed (hence YC Safe), but it's also the case at A.

The problem is, as a Founder:

(a) You don't know what you don't know
(b) You don't want to mess it up
(c) You want to close fast
(d) You want to move on to your biz

4/ And that’s how you get trapped.

If you let the lawyers run it, a financing process will easily cost you $150k+.

You need to do 2 things: (1) pick the Lawyer and (2) establish the ground rules.
ALL
Romeen Sheth
Romeen Sheth
@RomeenSheth
0/ [THREAD] Over the last 4 years, I’ve interviewed 100+ of the most successful Investors, Founders and Executives in the world.

Here are the 20 "must have" lessons that most stuck out to me.

Lessons on life, career advice, entrepreneurship and startups 👇👇👇

1/ Having a billion dollars is great, having a billion seconds is priceless.

Interesting thought experiment: If you had the opportunity to switch places with Warren Buffet, would you do it?

You would be a billionaire, but you would also be 90.

Time > Money.

2/ Always strive to simultaneously be overrated and underrated.

Contrary to popular belief, being overrated is good. It opens doors and gives you credibility.

But don’t let this go to your head. Stay hungry, humble and hardworking.

3/ Surround yourself with open minded people vs. close minded people

Open Minded People:
- Ask genuine questions
- Insatiably curious
- Listen attentively

Close Minded People
- Make statements instead of ask questions
- Focus on being right
- Speak more

4/ Get comfortable with being uncomfortable

If you get advice from enough people, the advice will cancel out. You can find 2 smart people to take opposite sides of the argument on virtually every topic.

Focus on developing your instincts and trusting your own intuition.
ALL
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Romeen Sheth
Romeen Sheth
@RomeenSheth
I interviewed 100 legendary investors, founders and executives.

Collectively, they have created over $1 trillion of value for the world.

Here are 20 practical career lessons they shared with me 👇👇👇

Always strive to simultaneously be overrated and underrated.

Contrary to popular belief, being overrated is good. It opens doors and gives you credibility.

But don’t let this go to your head. Stay hungry, humble and hardworking.

Most people overinvest in expiring skills & underinvest in permanent skills.

Expiring skills are tactical; their relevance diminishes with time and technology

Permanent skills are evergreen and create disproportionate impact

E.g. communication, judgement, trust, empathy

Get comfortable with being uncomfortable

If you get advice from enough people, the advice will cancel out.

You can find 2 smart people to take opposite sides of the argument on virtually every topic.

Focus on developing your instincts and trusting your own intuition.

Surround yourself with open minded people vs. close minded people

Open Minded People:
- Ask genuine questions
- Insatiably curious
- Listen attentively

Close Minded People
- Make statements instead of ask questions
- Focus on being right
- Speak more
LIFELESSONS
Romeen Sheth
Romeen Sheth
@RomeenSheth
India is on the verge of a once-in-a-generation explosion in edtech.

I've invested in 2 co's that are growing like wildfire and want to do more. Let's talk if you're building in this space.

Here's what's going on and why you should pay attention now, if you weren't before:

1/ There are 5 factors that are simultaneously driving the rapid rise of edtech in India.

- Favorable demographics
- At scale internet adoption
- Deteriorating incumbent quality
- Declining budget / capacity
- Cultural relevance

Let's talk about how all 5 are interconnected.

2/ The quantum of "digital first" Indians that will need to be educated is like nothing the world has ever seen.

India has:

- 500M+ people under 25
- 125M+ English speakers
- 250M+ people that will be added to its population over the next 40 years (est. peak is 1.6B)

3/ In parallel, increased internet accessibility at very low prices has resulted in a massive surge of online users

- 830M internet users in 2021 (+83% from 2019)
- 860M smartphone users in 2022 (+84% from 2017)
- 8.3GB monthly data consumption (+100x from 2014)

4/ India's existing education system is rampant with outdated curricula, low quality instructors and inflexibility. India:

- Ranks 49/50 in higher ed
- Spends <5% GDP on higher ed
- Teaches "to the test" - the system is oriented around entrance exams
ALL
Romeen Sheth
Romeen Sheth
@RomeenSheth
Early career years are painful.

You feel like an idiot 98% of the time - lost, confused and insecure.

I wish I had a playbook on principles for my first job.

So I put one together.

Here are 9 threads packed with lessons about building a career I wish I knew sooner:

1. First and most important - have a clear mind.

Without clarity of thought, nothing else matters.

Here are the most common types of distortions I’ve observed over the years.

Self awareness has helped me catch myself before falling into a trap.


2. Enter the side door

Most people enter the “front door” in their careers.

The problem is - when you do what most people do, you get the results most people get.

If you want a n-of-1 career, don’t take the 1-of-n path.


3. Adversity is inevitable

Any journey that’s worthwhile is filled with adversity.

If it was so easy...everybody would do it.

Here’s the way I’ve worked through dealing with the road blocks that are part of every entrepreneur’s journey.


4. Learn from the world's best

I love talking to world class people - CEOs, Founders, Execs, Athletes.

There's a lot of commonality in world class success.

Unpacking how these people got to where they are is always inspiring.
ALL

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Kostas on FIRE \U0001f525
Kostas on FIRE 🔥...
@itsKostasOnFIRE
The Mother of All Squeezes

How Volkswagen went from being on the brink of bankruptcy to the most valuable company in the world in two days

/THREAD/


1/ At the peak of the 2008 financial crisis, Volkswagen was considered a very likely candidate for bankruptcy.

Heavily indebted and already financially struggling before 2008, with car sales expected to plummet due to the ongoing global crisis.


2/ With GM and Chrysler filing for bankruptcy in 2009, shorting the VW stock would seem a safe bet.

If you are not familiar with stock shorts and short squeezes check my thread


3/ On October 26, 2008, Porsche announced it had increased its stake at VW from 30% to 74%.

This was a surprise to many who were led to believe that Porsche wasn't planning a takeover of VW, based on the company's announcements.


4/ Before the announcement, the short interest was approximately 13% of the outstanding shares, a number considered relatively low.

Porsche had a 30% stake, the Lower Saxony government fund held 20% of the shares, and another 5% was held by index funds.
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James Clear
James Clear
@JamesClear
My top 10 tweets of the year

A thread 👇

https://t.co/xj4js6shhy


https://t.co/b81zoW6u1d


https://t.co/1147it02zs


https://t.co/A7XCU5fC2m
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Atharva Kharbade
Atharva Kharbade
@athrvakhrbde
The story of WOW! Momo

"Started from the bottom now we're here"
How WOW! Momo went from borrowing Rs. 30K, to being valued at over Rs. 860 crore


1/

Year 2008, classmates Sagar Daryani and Binod Kumar Homagai had just finished their graduation, and Sagar realized that he was too fragile in math to be able to clear CAT.

2/

But he knew that he's always been passionate about brands. He had Nike, Puma’s stickers/logos in his notebook (that's literally me!)

3/

Sagar and Binod originally got the idea of WOW! Momo after completion of 3rd year of graduation as they were waiting for their results at the age of 21.

They got the idea of WOW! Momo by observing the lady who used to sell tasty momos in front of their college

4/

Sagar and Binod used to research all night together. In the night Binod would make Momo and Sagar Daryani would make toss bread etc.
BUSINESS
Rohun
Rohun
@RohunJauhar
If you make more than $100k per year you should have a Virtual Assistant.

If you don't, you're wasting your time on stuff that doesn't matter.

Here's the process I've created to find, interview, and manage great VA's after doing this for 5 years:

There's a lot of tasks you work on that are well below your intellectual capability.

Booking haircut appointments, ordering groceries, and finding flights is a waste of time.

First, you want to find out what tasks can you delegate.

Here's how:

Track everything you do every 15 minutes in a spreadsheet. Create 3 columns w/ the below questions

1. Do I like doing this?
2. Is it repeatable?
3. Can it be delegated?

If the answers are No, Yes, Yes -- you've found tasks to delegate!

We'll jump back into these tasks later.

Before we learn how to find them, let's understand the types of VA's:

1. Individual Freelancers (Low cost & High cost)
2. Agency VA's (High cost)

My experience has been with low-cost VA's (under $6/hour). I've gotten the same level of quality that I would with most US VA's.

Now, here's how we craft the right job post to attract the best ones: Be as specific as possible with what you expect. Here’s an example:

Also ask for a screenshot of their computer specs & internet speed results and a 2 min video of their background & why they want the job.
BUSINESS
modest proposal
modest proposal
@modestproposal1
Good news everyone, Jay Hoag gave us the simple 5 point playbook for finding Magical Companies in consumer technology.

1. product offers combo of value, convenience, selection
2. there's tremendous engagement
3. a virtuous cycle
4. tremendous execution
5. kinda crazy leader


Obviously Jay Hoag on ILTB is as self recommending as it gets
BUSINESS

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Professor
@DillikiBiili
So friends here is the thread on the recommended pathway for new entrants in the stock market.

Here I will share what I believe are essentials for anybody who is interested in stock markets and the resources to learn them, its from my experience and by no means exhaustive..

First the very basic : The Dow theory, Everybody must have basic understanding of it and must learn to observe High Highs, Higher Lows, Lower Highs and Lowers lows on charts and their

Even those who are more inclined towards fundamental side can also benefit from Dow theory, as it can hint start & end of Bull/Bear runs thereby indication entry and exits.


Next basic is Wyckoff's Theory. It tells how accumulation and distribution happens with regularity and how the market actually

Dow theory is old but
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Anu Satheesh \U0001f1ee\U0001f1f3
Anu Satheesh 🇮🇳...
@AnuSatheesh5
Mangottu Bhagavathi Temple
#Palakkad #Kerala
#keralatemples 🚩

Mangottu Bhagavathi Temple is situated in Athipotta near Alathur of palakkad district. Devi is kshipraprasadi here and grants relief to those who worship with full faith.
Mookken Chathen, situated on the Northern 👇


side of the temple, is guarding Devi here.
Story says that, once there lived a weaver named Kuttan who was a Devi Bhaktan. During one festival time Kuttan was so pleased by the Devi Vigraham that he requested her to come along with him. At that time wind blew heavily and Cloths


in Vigraham flew. Kuttan immediately decorated Devi with his cloth which stuck to Vigraham and returned to his village and with his Umbrella. Devi came with him in that Umbrella and stayed in his place. This place is Mangottu Bhagavathi temple now.

Amme Narayana
🙏🕉🙏
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Vibhu Vashisth
Vibhu Vashisth
@VIBHU_Tweet
Surkanda devi mandir is a famous shrine of Hindus located near Kaddukhal distt of Uttarakhand, 11 Km from the town of Dhanaulti and 35 Km from Mussoorie.
The Temple is one of the 51 Shakti Peethas spread all over Indian Subcontinent and is dedicated to Goddess Surkanda.


Nestled on a Hill at an Altitude of 2700 m approx, the place offers a splendid view of the snow capped mountains, the picturesque scenic beauty that offers an experience of the lifetime.
The Temple build in the traditional Garhwal style exuberates the Architectural splendour.


The origins of the Surkanda Mata Mandir is attributed to Goddess Sati, consort of Bhagwan Shiv who in a rage immolated herself in her arrogant Father Daksha's Yajna Kund bcoz he didn't invite Bhagwan Shiv in the Yajna.


Devastated by the death of Sati Shiva wandered all over the cosmos performing Tandava-The Dance of Cosmic Destruction.Fearing the total annihilation of cosmos, Gods requested Bhagwan Vishnu to pacify Shiva.Bhagwan Vishnu then used his discuss to destroy the burning corps of Sati.


The pieces of Sati Mata's body then got scattered all over the region which were later established as Shakti Peethas by Bhagwan Shiva himself.Its believed that the head of Sati fell here and it was called Sirkhanda Mata Temple before, but with passage of time it became Surkanda.
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Simon DeDeo
@SimonDeDeo
Donna Strickland, one of this year's Nobel Laureates, was not considered "notable enough" for Wikipedia as late as this May—reported by a number of sites, including the Independent. I dug into this a little. Here's the data—


This is the first deletion, back in 2014. A bit hard to read between the lines, but the basic story that an admin had Stickland's page "speedy deleted"—i.e., deleted without debate. The method was something called Copyright Jujitsu.

In particular, the admin had the page deleted not because of notability, but because it included a photograph of Strickland that had ambiguous copyright status. This is a method that people developed to get rid of content they didn't want, but also didn't want to debate.

"Copyright Jujitsu" because it is usually used against spam from companies; a PR officer uploads promotional material to Wikipedia. Instead of debating whether it's neutral, the admin can say "we'd love to have it, but the material appears to violate your company's copyright".

Usually the PR office and the IP office are separate in a company, and the idea of releasing promotional material under public domain is such a legal nightmare that the PR person goes away.
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