1/ Thank you to everyone who expressed support for our immi launch and we're so grateful for all of you. As I think back to the past 18 months of this journey, I want to share one of the hardest parts of being a founder that I struggle with daily. 👇

2/ Most founders start because we believe that we have high standards for what an innovative product can do for customers. But most of the time, sacrifices have to be made to get a first version of a product to market. These sacrifices slowly eat away at our mental health.
3/ @kchanthasiri and I grew up eating all types of instant ramen and we believe that we have the "taste" for what great ramen should be. We knew creating a healthier option meant a different taste & texture profile, but we didn't realize how different our v1.0 would end up.
4/ Food industry manufacturers (a.k.a. co-mans) have heavy capital expenditures in commercial equipment, and they produce product for multiple customers. It's not easy for them to alter their production processes for each eager startup founder.
5/ They need to consistently run their production lines and produce product in order to make profit for themselves. Every second innovating with a new brand and adjusting their standard processes negatively affects their bottom line.
6/ As we began the onboarding phase with one of the co-mans who was willing to work with us, we discovered that they weren't in a position to iterate as fast as we could, and major trade-offs were necessary to get this first version of immi to market.
7/ These trade-offs led to many flaws in our first version of immi. The noodles aren't as slurpable as traditional ramen noodles, and some people can taste a slight tartness from a natural ingredient we use to make the noodles shelf-stable.
8/ When we soft launched immi to our beta community, we anticipated most of the feedback we might receive because we already tasted the flaws ourselves. We braced ourselves for the worst and we were pleasantly surprised when we got dozens of positive reviews.
9/ But whenever we got a negative review about the taste or texture, each review felt like a blow straight to the heart. It's hard not to feel like the world is ending with each scathing comment.
10/ This is something I'm working on with my coach that I feel most founders can relate to deep down: I live with a fear that if people don't like the product, then they are judging me personally for my standards.
11/ It's an irrational fear, because what other people believe doesn't change your own taste. But that's what you feel like as a founder. We work in silos for a long time to create a baby that we then hand to the world to judge.
12/ I don't have a good solution for this yet and I'm still working on getting over this fear. But as my coach has reminded me many times, my job is not to get other people to like me. My job is to understand what needs people have and figure out how to meet them.
13/ One thing I continue to believe - it's so important to build in public. I want to be vulnerable about this process to let our customers know that we're aware of our current flaws, we hear their feedback, and that we know we can do better.
14/ It's only through self-awareness that we can match the gap between the product we're shipping now to the product that we dream of.

More from Business

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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I just finished Eric Adler's The Battle of the Classics, and wanted to say something about Joel Christiansen's review linked below. I am not sure what motivates the review (I speculate a bit below), but it gives a very misleading impression of the book. 1/x


The meat of the criticism is that the history Adler gives is insufficiently critical. Adler describes a few figures who had a great influence on how the modern US university was formed. It's certainly critical: it focuses on the social Darwinism of these figures. 2/x

Other insinuations and suggestions in the review seem wildly off the mark, distorted, or inappropriate-- for example, that the book is clickbaity (it is scholarly) or conservative (hardly) or connected to the events at the Capitol (give me a break). 3/x

The core question: in what sense is classics inherently racist? Classics is old. On Adler's account, it begins in ancient Rome and is revived in the Renaissance. Slavery (Christiansen's primary concern) is also very old. Let's say classics is an education for slaveowners. 4/x

It's worth remembering that literacy itself is elite throughout most of this history. Literacy is, then, also the education of slaveowners. We can honor oral and musical traditions without denying that literacy is, generally, good. 5/x