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Patrick McKenzie
@patio11
, 4 tweets, 1 min read Read on Twitter
Approximately 1/3rd of the folks that I deal with in these professions substantially outperform the median SaaS company with e.g. drip campaigns. Many are very clearly licensing content to fill them.
One rather interestingly sent me a link to a YouTube video, produced at approximately “I got some good advice on shooting video at home” level, where she narrates a monthly housing report for Chicago and adds some color commentary.
That’s... seriously, why did we ALL not think of doing something like that.
“What’s it do?”

Builds differentiation *for money*. Who would you take the mortgage from, J. Random from BigBank or the person who you’ve listened narrate the trends in your market for several hours over 9 months.

I boggle at the ROI in creating the perception of expertise.
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Patrick McKenzie
@patio11
From a traveler recently:

“I’m going to visit a barber while I’m here in Tokyo.”
“Oh really?”
“Yeah I am very interested in Japanese barbers because of YouTube.”
“Do you speak Japanese?”
“No but I have memorized my lines. Can I practice them on you? *nails it*”
Was there, in the entire world, a single teacher you could go to learn how to politely ask for a haircut with number two clippers in Japanese prior to YouTube?

I think we underestimate the value created by the Internet so scandalously.
I think I also credit YouTube with greatly, greatly increased Japanese ability of many travelers, since a motivated student can get, hmm, 10X more listening practice, from a wide variety of linguistic targets, in one year than I got by majoring in it for four.
Read 5 tweets
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Patrick McKenzie
@patio11
I went on the Remote Show podcast to talk a bit about remote work, both the general challenges of keeping in sync with a team (+ feeling like a part of it) and how Stripe is thinking about it specifically.

weworkremotely.com/the-remote-sho…

We're hiring 100+ remote engineers this year.
c.f. stripe.com/jobs/search?t=… or, if you'd like to hear folks already doing this talk about our plans and engineering culture, come to our next Remote Coffee Chat. (We'll announce it a few weeks in advance.)
If you'd like another interesting point of view on careers at Stripe, my colleague @jeff_weinstein had an interesting podcast recently about his journey into PM/management: businesslogic.fm/e3-jeff-weinst…
Read 6 tweets
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Patrick McKenzie
@patio11
An interesting consumer credit card offering: petalcard.com

The most unique thing about it is the schedule of cashback, which gets more lucrative the longer you have the card (to a cap), contingent on on-time payments.
(If you follow me on Twitter it is unlikely this is competitive with your best options, since it purports to target users who are not traditionally underwritable for credit, but it’s interesting how they must be modeling where the margin comes from.)
The consumer credit industry has middling to high sophistication with respect to customer segmentation by behavioral profiles, and so would look at what the product features of a card would accomplish over a portfolio of blended customer archetypes.
Read 17 tweets

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Heard this composition in praise of Shri rAmachandra umpteen times growing up

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Time for the n-th academic twitter thread/rant on holy war arxiv vs. double blind. My take: I think the current double-blind "rule" is a joke. Read until the end before you @ me: 1/n

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David R. MacIver
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And now, #Maintain2018 live tweeting begins. As before, this is going to be high volume, so mute me and/or the hash tag if you don't want to see this!
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Penny Midas Rollo
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001/ [article content in this tweet series 001-180 reproduced with permission from Martin Howe QC of Lawyers for Britain @lawyers4britain]
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Erik Torenberg
@eriktorenberg
1/ There are two types of American industries: one that has had rapid innovation and falling prices, and one that has had the opposite.
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