Profile picture
, 3 tweets, 1 min read
My Authors
Read all threads
If you are looking for a next adventure or know anybody who is:
My one sentence pitch for product at Stripe: I think our company’s defining product likely hasn’t been built yet.

Want to take a stab at it?
“That’s two sentences.”

They didn’t hire me for my math ability.

“They didn’t?”

OK so they kind of did, it was a straight up drafting error, my kingdom for an edit button, etc.
Missing some Tweet in this thread? You can try to force a refresh.

Enjoying this thread?

Keep Current with Patrick McKenzie

Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread 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!

More from @patio11 see all

Profile picture
Patrick McKenzie
@patio11
You can also watch a lot of developers “spend thousands in a vain attempt to save hundreds” just by putting a usage-based price tag on something.

(It doesn’t even have to be denominated in money; we’ll golf any available metric.)
I remember vividly a conversation with @tqbf when I was at his office regarding optimizations I could make to Redis to prevent me from having to go up to a 1 GB VPS.

“How much does it cost extra?”
“$10 a month.”
“Then why are we having this conversation?”
In addition to being reflexive nosetweaking, I’ll point out that this is a reason to avoid usage-based pricing for developer-oriented tools and, instead, orient pricing around proxies for sophistication.
Read 5 tweets
Profile picture
Patrick McKenzie
@patio11
It is *fascinating* to me that, having had the idea that they could do this with a computer, the WSJ would go through on doing it.
“Why?”

Because seeing someone in a stipple portrait once persuasively suggested that they had been featured in the WSJ, a status of esteem for some people.

And they just wrecked that for all future profiles *and all previous ones.*
I’m not opposed to dynamiting status hierarchies in principle, but I’m extremely surprised that the WSJ would choose to do it over a feature that probably 1% of their readership will use.
Read 3 tweets
Profile picture
Patrick McKenzie
@patio11
Matt Levine's column interesting as always. I'd like to point to one bit in particular, which is applying optionality to bank decisions to extend credit.

(Optionality is one of those great financial lenses which you can apply to *so* many things fruitfully.)
When you buy an option (or receive one for services rendered, a common case in tech), you're buying the right but not the obligation to be able to engage in a transaction in the future at a locked in price.

There is deep, rich literature and experience on pricing these.
To a first approximation, Matt is probably right with respect to claims that sophisticated financial firms understand option value and exercise it close to optimally. Consumers largely do not.
Read 29 tweets

Related threads

Profile picture
New Guy Grummz
@Grummz
Let's talk about game investment and financing. The recent news that Tencent has made a capital investment in @platinumgames (makers of Neir, etc.) has left many confused. This is a thread.
@platinumgames A capital investment can take many forms. Traditionally it means the sale of some % of shares in a company to an investor in exchange for cash. Sometimes (less common) share are non-voting. Most investors want voting rights.
@platinumgames Buying shares in a company does not normally change up management at all. But usually you get a board seat or two on the board of directors of that company, and a vote on the board, plus other rights and perks that go with the stock purchase agreement.
Read 26 tweets
Profile picture
🎃 🦇🎃Mango_Lioncat 🎃🍂🎃
@MLioncat
Aah I had this in my head so-

Hank, despondent from the death of his son and unsure of where to go and who he is from here if not a father, retreats to the mountains. It's fall, so while the valley and forests at the mountains' base are free from snow, the towering peaks are
covered in the thick, and pure white.

cw for Hank's depression, suicidal ideation

So he climbs. Hank has very little, if any experience climbing mountains, but he doesn't care. He just has to leave, wants to never come back. Maybe just disappear, let the snow and the wind and
the cold just swallow him whole. Turn his consciousness off and come back to life as a flower, or a drop of water to endlessly travel the cycle of sky to ground to sky again.

Hank keeps climbing, and he doesn't stop until every ounce of energy is drained from him, and he
Read 294 tweets
Profile picture
Jennifer Sahn
@throwin_shadows
On my final day @PacificStand I’m feeling nostalgic, so I wanted to share some favorite moments and stories. Think of it as a memorial to a job that I loved and that helped me grow as an editor and a person.
@PacificStand Also, if you admire the breadth and depth and quality of this work, I am currently looking for my next adventure (read: job). DMs open.
@PacificStand My very first story at @PacificStand was this incredible piece from @kathrynajoyce. It is still one of my favorites. Read it. psmag.com/social-justice…
Read 35 tweets
Profile picture
David Macpherson
@David_Mac13
One year ago today I signed with my #screenwriting agent and quite a year it's been. Before then I spent ages not knowing what I was doing. Lots of people & resources helped me along the way. I still don't really know what I'm doing, but I know what helped, so now I present...
THE BIG HELPFUL #SCREENWRITING RESOURCES THREAD (particularly relevant for aspiring #screenwriters in the UK/Scotland)
(NB: this is not 'advice'. It's what I personally found to be helpful. It's also far from exhaustive. There's loads out there. Use what works, bin the rest)
Podcasts/Youtube/Newsletters
1. Scriptnotes-The granddaddy of screenwriting podcasts. Writers John August & Craig Mazin plus loads of special guests take you through every aspect of writing for film & TV. There's over 400 episodes so pace yourself scriptnotes.net/#
Read 30 tweets
Profile picture
TheCryptoCactus
@TheCryptoCactus
Im going to chart my way through the Top 100 @CoinMarketCap.

Most of them will probably disappear over the next year so might aswell chart them while they are around and give my unbiased opinion for y'all.

Will make a thread below, please enjoy. 👇
Rank 100 : $WAN

Broken the most crucial of supports at 1000 sats and bulls failed to get PA to close back above after multiple closes below. Trendline still holding a weaker support at the moment, volume is looking weak.

700 next major support.
Ranked 99 : $DENT

Will just provide some key points from my research notes.

- Telecom Blockchain Company 
- Marketplace for data packages 
- Buy, Sell and Donate Mobile Data
- Operators inc AT&T & Versizon 
- Live IOS & Android Dapp product
- 10 Million Users (not confirmed)
Read 102 tweets

Trending hashtags

#agree #Anons #QSoldiers #Jesus #MOBILIZE #abandon #facts #mission #FindStephenCullinan #news #UnitedStates #establishment #DigitalSoldiers #StephenCullinan #Trump #Everyone #RightofthePeople #stealing #NEXT #against #TrustHisPlan #OccupyHart #UNITED #history #product
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!