Security is increasingly becoming a concern for companies of all sizes. Startups didn't have to worry about this as much until later in their growth cycle, but that is too high a risk now. This is an essential read about how you should think about security at a startup—whether you are a team of two or 200.
From 2004-2007, Netflix was in an epic battle with Blockbuster. It was arguably the company's moment of peril, but it is now barely visible in the lifetime stock chart. This is how Netflix handled the situation and became a wildly successful media company in the years that followed. This is a good reminder that seemingly insurmountable challenges won't necessarily kill your company if you handle them correctly.
For most founders, having multiple products and services feels exhausting. It somehow seems better to focus on one big revenue stream. But there is a case for building and managing multiple businesses simultaneously. If you're thinking about going this route, this is a must-read.
Someone on Hacker News asked the community what tech stack they'd use—specifically for the backend—if they were building an MVP today. The responses are detailed and insightful. If you're building something from the ground up and looking for stack recommendations, you'll find plenty of good ones on this thread.
Too often, we treat our meetings as an afterthought. As John Cutler says in this read, "If our meetings were products, no one would buy or renew." Check out this list of ideas you can integrate into your meetings to make them more effective. Which one are you most likely to try?
Cash App has been the leader in the mobile payments race for over five years. The company has generated almost 200 million all-time downloads. This article covers the acquisition channel they rely on most heavily, how they design top-performing ads, and what has been the most significant catalyst for their growth over the years. Some of it may surprise you.
The Decoy Effect is a cognitive bias that occurs when people are presented with two or more options, and one is clearly inferior to the others. People are more likely to choose the superior option when it is presented alongside an inferior one. The examples are all around us—from SaaS pricing to movie theatre popcorn. Once you notice this, you won't be able to un-see it everywhere you go.
Frank Slootman is the CEO of three highly successful Silicon Valley companies, including the leading data platform Snowflake. He recently did an interview with the Iconiq Capital team, and the conversation was illuminating. He shares how he keeps his competitive fire stoked, instills a sense of urgency and velocity into his companies, and recalibrates in the face of mistakes.
Viktoria Kharlamova spent five years at Miro as a growth product manager. She was the 55th employee and went through all of the stages of growth with the company, which now has 1700 employees. "It was like working at a different company every six months," she recalls. Here are the most important lessons she learned as a growth product manager during her time there.
The overwhelming majority of well-run organizations focus on a handful of high-value meetings. If you feel like your engineering team is in meeting overload and want to dial it back, these are the ones you should keep (or integrate). It explains everything from who should run each meeting, how frequent they should be, and why each of them matters.
I've been thinking a lot about how to have more effective meetings lately. It is undoubtedly the theme of this newsletter. This read serves as a good reminder that one of the best things you can do in meetings is to create a trusted environment and empower each person to share their ideas.
Paul Graham reminds us that the best way to get new ideas is to pay closer attention to anomalies. What seems strange, missing, or broken? You will find great ideas in the gaps that no one else is paying attention to today. Once you train yourself to spot anomalies, they will pop up everywhere.