I thought I'd put together a Meta Thread of the demise of the Hot Takes @Fast.
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Hot take from @theryanking from Ryan Breslow (CEO of Bolt) ๐ฅ
- Market positioning is key. Complexity of sale / onboarding + low ROI is a killer combination
- Strategic capital can kill you
twitter.com/theryanking/status/1512833718859313156
Angel Investor @brianrumao - TL;DR
- Invest based on conviction not follow other investors
- If things seem off don't convince yourself
- Focus on the core numbers / Revenue etc.
Thread ๐งต
twitter.com/brianrumao/status/1513725731985010688
What Software Engineers can learn from Fast (newsletter.pragmaticengineer.com/p/the-scoop-fast) Shared on the HN Thread: news.ycombinator.com/item?id=30947595 (Comments are gold! โญ)
TL;DR
- Be wary of toxic positivity
- If it looks too good to be true it probably is
- Money raised > performance
Great Thread from @Jack_Raines - TL;Dr
- Past behavior ignored
- How someone gets to where they are reflects where they will end up
twitter.com/Jack_Raines/status/1511737489190494208
@tessak22 Seems to have been sounding the alarm earlier than the shutdown notice due to some other suspicious behavior at @fast
twitter.com/tessak22/status/1510256912692088840
Another take from @GergelyOrosz
twitter.com/GergelyOrosz/status/1509854025746898946
Follow @HarryStebbings for the real interview with @domm. The fact is that most of the above hot takes miss the nuance of what happened.
twitter.com/HarryStebbings/status/1514007855250223111
You can read the unrolled version of this thread here: typefully.com/markojak_/idhaV2c