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Tren Griffin
@trengriffin
, 3 tweets, 1 min read Read on Twitter
Can you think of a tech company in the news today that said: "If we own this hardware via buying this company we will have a valuable distribution channel for SaaS." google.com/amp/s/25iq.com…
Hardware is the new CAC for software/SaaS. geekwire.com/2019/amazon-ac… The margins and scalability of the business comes from the software/SaaS.
Steve Jobs: "The more we look at it, for more and more consumer devices the core technology in them is going to be software. More and more they look like software in a box. And a lot of traditional consumer-electronics companies haven't grokked software." ehmac.ca/anything-mac/5…
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Tren Griffin
@trengriffin
"I didn't want to go bankrupt like my dad had gone bankrupt, and I always associated his business bankruptcy with having expanded. Expansion itself is not the reason you go bankrupt, and I didn't know enough about business to understand." Danny Meyer cnbc.com/2019/02/15/sha…
"No matter what the industry, the way you make people feel is the most telling factor in who's going to want to work for you. And who wants to work for you is the most telling factor in how good is your business."
"Shake Shack only happened because we fell in love with parks. We had fallen in love with Union Square Park, and we'd fallen in love with Madison Square Park. ...I think Shake Shack took about five years for us to figure it out."
Read 3 tweets
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Tren Griffin
@trengriffin
A man and his assistant arrived in a town and spread the word to the townspeople that the man was willing to buy monkeys for $100 each. The people knew there were many monkeys in the nearby forest and immediately started catching them. Thousands were bought at a price of $100.
The supply of monkeys quickly diminished to a point where it took many hours catch even one more. When the new man announced he would now buy monkeys at a price of $200, the town’s resident’s redoubled their efforts to catch monkeys. But it was so hard they stopped trying.
The man offered to pay $500 after he returned with additional cash from a trip to a big city. While the man was gone, his assistant told the villagers one by one: “I will sell you my boss’ monkeys for $350, and when he returns from the city, you can sell them to him for $500.”
Read 4 tweets
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Tren Griffin
@trengriffin
Bill Gates said in his 1994 interview in Playboy magazine: “John Malone is straightforward in terms of talking about technology and strategy. He and I are damn similar. He worked at Bell Labs and understands both business and technology.” orchology.com/post/593486607…
"I’m sitting with Buffett. Bill Gates has just presented pre-IPO. Warren asks, 'John, you know something about these technology companies, would you invest in that?’
I said, I don’t think so. It would be too easy for other people to compete with it." vectornews.eu/news/business/…
Buffett did not meet Gates until July 5, 1991. Buffett was attending a dinner with Gates' parents "I at this time didn't believe in vacations, was totally focused on my job. So when my mom said to me, 'You've got to come out and meet Warren...,' I said, 'Mom, I'm busy!'"
Read 3 tweets

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Michael Samway
@MichaelSamway
THREAD on biz, human rights and tech. 1/ On this 70th anniversary of the UDHR’s adoption by UNGA, connecting dots from UDHR to tech today. UDHR-> ICCPR-> UNGPs-> GNI Principles-> #tech company human rights commitments, infrastructure, and decisions. #UDHR: un.org/en/universal-d…
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3/ In the ICCPR, as one of the UDHR's implementing treaties, see Articles 17 (privacy) and 19 (free expression), which we similarly relate to the tech sector today. #ICCPR: ohchr.org/EN/Professiona…
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Martin Schmidbaur
@mschmidbaur
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