Recently, I was at the library & stood in front of a book that might be a good read. I fired up Gemini, asked it for a plot summary & a digest of the reviews before deciding to read it. So I started a list : what are the ways I use AI that are new in the last year? I often publish tables within these blog posts. I write posts in markdown, a language that requires making tables in a unique format that looks like this

Tomasz Tunguz

18.04.2024

The Market Size Mistake by @ttunguz

Over the weekend, Tobi, the founder and CEO of Shopify, discussed the major reason investors passed on Shopify in the early days : market size. Good supercut about why Shopify worked https://t.co/pw92KutpEn — tobi lutke (@tobi) April 14, 2024 I remember that financing round, & I remember having the same concern, & making the same mistake. Living in the valley & driving on 101, the billboards & logo-adorned headquarters of successful companies provide a daily infusion of all the mistakes in I’ve made in guessing how a company or a market might evolve.

Tomasz Tunguz

19.04.2024

The Most Profitable Software Company in Q1 2024 by @ttunguz

Ethereum generated $370m in profit on $825m in revenue for about a 45% net income margin. The chart above shows both the historical performance & also explains how web3 blockchains like Ethereum generate revenue & profits. How does Ethereum compare to other software companies? If Ethereum were to trade on the New York Stock Exchange or the NASDAQ, it would top the net income margin (%) charts, with Microsoft, Adobe and Veeva thereafter.

Tomasz Tunguz

23.04.2024

Are Software Companies Good Businesses? by @ttunguz

In “Do software companies actually have good margins?”, Benn Stancil makes a case for a counterintuitive point : Software companies are much less profitable than they might seem. Why? Because the research & development costs associated with software should be part of their cost of goods sold. Software companies don’t invest once in R&D & then sell copies of the software as we did in the 90s on CDs. It’s software-as-a-service.

home›Tomasz Tunguz

Tomasz Tunguz

Marketing

My Favorite Uses of AI by @ttunguz

The Market Size Mistake by @ttunguz

The Most Profitable Software Company in Q1 2024 by @ttunguz

Are Software Companies Good Businesses? by @ttunguz

home
›
Tomasz Tunguz