, 7 tweets, 3 min read Read on Twitter
Interesting thought from @tylertringas , whose EarnestCapital launched today. earnestcapital.com
@tylertringas It takes 3 million dollars to open a McDonalds. 3 million dollars. Three MILLION dollars.

Do you know how much SaaS you can write with $3 million? It is a lot of SaaS.
@tylertringas The United States has thriving ecosystems which ensure there is sufficient capital allocated to McDonalds, such that if a neighborhood would be well-served by having not-phenomenal burgers available at a low price point, it will get a McDonalds funded trivially.
@tylertringas The US does not have thriving ecosystems devoted to producing small software businesses, which can *very plausibly* create at least as much value in the world as an individual McDonalds location.
@tylertringas I'm glad that there are several teams working on solutions for this, and eagerly looking forward to reading about which experiments work.
@tylertringas One of the conversations I have a lot in Silicon Valley is "Could $10k do anything at the margin? Pfft, if you've been working at AppAmaGooBookSoft, that's tiddliwinks."

And I remember my budget for my first business was $60, and I had ~$2k in checking on day I went full-time.
@tylertringas It feels to me like there are probably opportunities here, of the general shape "Wow it's freaking amazing that somebody went so far for so little at the margin; how did nobody see that before?"
Missing some Tweet in this thread?
You can try to force a refresh.

Like this thread? Get email updates or save it to PDF!

Subscribe to Patrick McKenzie
Profile picture

Get real-time email alerts when new unrolls are available from this author!

This content may be removed anytime!

Twitter may remove this content at anytime, convert it as a PDF, save and print for later use!

Try unrolling a thread yourself!

how to unroll video

1) Follow Thread Reader App on Twitter so you can easily mention us!

2) Go to a Twitter thread (series of Tweets by the same owner) and mention us with a keyword "unroll" @threadreaderapp unroll

You can practice here first or read more on our help page!

Follow Us on Twitter!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just three indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!