Asymmetric Bets, Venture Capital & Cancer Cells

Perhaps the most significant is that it’s not whether you’re right or wrong that’s important, but how much money you make when you’re right and how much you lose when you’re wrong -- Stanley DruckenmillerI've been obsessed with asymmetric bets and looking for them wherever I can find them.These are bets where you ...

Starting a Software Business

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Photo by Karl Pawlowicz on UnsplashSaaS Business IdeasThe most important thing when starting a new business is the market.You can have a mediocre kebab stand but if you have a starving crowd, you're pretty much guaranteed to make money.This is why understanding your customers and their needs is so important.You can have the ...

Body By Science Summary

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Photo by Daniel Apodaca on UnsplashWhen it comes to health and fitness generally, my two favorite books are Body By Science by Doug McGuff and John Little, and all of the books written by Dr. Jason Fung.It's interesting how much Body By Science breaks with how people traditionally thnk about working out.One of the ...

Scaling a B2B SaaS Business and the Different Stages of Growth

I've just re-read Ben Horowitz's excellent book, Hard Thing About Hard Things.One of the things that Ben was talking about is diving the stages that a start up goes through.For example, for a well established company, having more than 3 initiatives per quarter will probably be too much.On the other hand, if you're a small ...

Learning Solidity

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I've started learning solidity for fun.There seems to be endless possibilities from making smart contracts for Flash Loans to creating NFTs which I've found very exciting.It turns out that just as in (legacy?) financial markets, you have similar opportunities for making money like carry trades.There are many DeFi protocols you can choose from to ...

Asymmetric Bets

I've been thinking about small things that can have a disproportionately large impact.For example, buying options against potential Black Swans. The cost of an option for an unlikely event occurring is generally small but if it happens, the upside can be huge.Conversely, you can have the opposite happen. Credit Suisse made $17.5m in fees ...

Lessons from Yahoo

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Verizon has announced that it sold off Yahoo and AOL to Apollo for about $5 billion.As I consider Yahoo's history, I think about lessons that we can learn from their fall from grace.As Charlie Munger once said, "All I Want To Know Is Where I'm Going To Die So I'll Never Go There."1. ...

Evaluating Side Hustles

Photo by Jonathan Kemper on UnsplashI'm the kind of person that likes to dive head first into ventures, getting bored of things quickly and then moving on to the next thing. These include blogging, affiliate businesses (paid traffic & SEO for SaaS and eCommerce businesses), eCommerce businesses, digital courses, self-publishing books under various pseudonyms, trading ...

SaaS SEO Ranking Strategies in 2021

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SaaS can be an extremely competitive field, even more so when search volumes are low. For example, some B2B SaaS keywords only have a few hundred searches a month but they're so valuable that companies are sometimes paying $150+ per click on Google Ads.However, the one consistent thing I've found is that there's almost always ...

SEMRush Plans IPO After 2020 Growth

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SEMRush announced on Monday that it plans to IPO under the ticker SEMR and will raise $100 million.According to its S-1 statement, SEMRush has $144.2 million in annual revenue with over 67,000 paying customers.Rand Fishkin said recently that SEMRush has gone from 3rd or 4th place in SEO software to a clear number 1 in ...