“But a good start would be to remind everyone that we are a business. More importantly, we are a hugely ambitious one.”
“Shopify, like any other for-profit company, is not a family. The very idea is preposterous... Shopify is a team, not a family”
“We want to build one of the best companies in the world”
“we all have to re-qualify for our jobs every year. The red-queen race of Shopify's historic 40% or better growth is that everyone has to show up at least 40% better every year to qualify for our current jobs. I expect you to hold yourself and your teams to this standard”
“Despite all the external buzz around Shopify (market cap, biggest company in Canada, ...) we are still really early. We are in the big leagues amongst the biggest and baddest companies in the world.”
Some comments from Q1 ad platform conference calls
FB:
"We've seen good growth in all regions, and we continue to see strong results in verticals that have performed well during the pandemic, like e-commerce, retail and CPG"
FB:
"The growth in advertising revenue was largely driven by continued strength in product verticals such as online commerce"
When I read all the FCIC interviews, it was clear risk management is as much cultural as it is quantitative. That was specific to banks, but applies to investment organizations too. No spreadsheet will ever fully protect you. Ultimately it’s about people and process and judgment.
so is the totally made up sequence of events here that a highly levered fund was buying old media names on swap, making a killing, but then VIAC announced "hey we're not idiots thx for the money" and then the unwind was fast and far enough that the PBs had to seize the whole book
trying to understand how today's game of telephone fits together
basically VIAC got liquidity and the fund got liquidated
@kayvz 😂😂 "And I think it’s one of the most amazing things about Twitter. We get the gift of feedback on a minute-by-minute basis"
Love this:
"In my opinion, if we’re not seeing #RestInPeaceTwitter trend a few times a year, we’re not taking big enough swings"
Lot of analysts have asked doesn't Super Follows degrade the main feed. This was a good answer. Obviously to build and maintain a following you need to be tweeting for a general audience. And Super Follows can go beyond just paywalled tweets.