Measuring the state of the venture "business cycle"
Valuations are 60% too high relative to the volume of venture funding
It's Jay Powell's world. We're just living in it.
Where did the explosive growth in venture activity come from?
Private valuations substantially lag public tech valuations
Venture funding hasn't grown as much as you think
Revenue surprises permanently shift the trajectory of SaaS companies
Hiring freezes matter more than layoffs
COVID put software companies on a permanently lower growth trajectory.
Exploring the vast "dark matter" of the software universe
Low monetization requires extraordinary traction, and vice versa.
A frothy funding environment means more competition for talent. Funding gets easier; hiring gets harder.
Rules are meant to be broken, and the Rule of 40 is no exception
Preferred equity exists in a constant state of quantum superposition. It's neither equity nor debt, until it is.
ACV isn't as useful a concept as people think. We need a different SaaS monetization metric.
Companies don't catch up to their valuations; their valuations catch up to them.
In startup land, we talk way too much about relative growth. We'd do better to ground our thinking in absolute growth.
The burden of scientific knowledge and managerial complexity is crushing our best and brightest.
Why you shouldn’t filter for social media following or prior experience
Quantifying the billion dollar impact of developer inefficiency
Adding more cooks to the kitchen rarely helps
Developer productivity is falling. But it doesn't have to. The solution? The Developer Productivity Flywheel
The biggest challenges facing developer productivity startups today
Magic number is a bad metric. Sales and marketing drives much less revenue than this not-so-magical number implies
The longer you search for product-market fit, the less likely you will find it.