I'm the co-founder of Transistor.fm (podcast hosting and analytics). I write about SaaS marketing, bootstrapping startups, pursuing a good life, building calm companies, business ethics, and creating a better society,.
Howdy, Justin Jackson here.
I'm trying something new with my newsletter: I'm going to send shorter emails, more frequently, featuring a few "thoughts from today."
Below is my first newsletter in this style. If this isn't for you, feel free to unsubscribe. (link is at the bottom).
Here's the goal: I want you to respond to these emails. Tell me what you think. If you give me permission, I'll include your thoughts when I write these up as longer posts.
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I've been a big Twitter user since 2008. In nearly 14 years on the platform, Twitter's had a net-positive effect on my life. I've met many friends there, had great conversations, been able to test out ideas and work in public, received helpful DMs and replies, and been able to promote different projects.
Now with Elon’s takeover, Twitter is in the hands of a man whose behavior I find reprehensible. Many years ago I respected him as an innovator, public figure, and entrepreneur. But he’s repeatedly displayed a willingness to spread misinformation, hurl obnoxiousinsults, and preside over a toxic workplace.
We, subconsciously, mimic the people we admire. Leaders like Elon have more influence over our thinking than we realize.
Instead of elevating folks like Musk, we should be following leaders who are mindful, respectful, have self-control, and can act with a reasonable amount of restraint.
Which puts me (and many others) in a weird position with Twitter. As the new owner, Elon has the freedom to do whatever he wants.
April 25th 2022
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It seems likely that under his leadership, Twitter will get worse.
But where can the bootstrappers, founders, devs, indie makers, and others who found community on Twitter go?
When I asked this question on Twitter, Jack's response was pretty indicative:
None of the alternatives replicate what we've come to like about Twitter. As Evan Armstrong said on Every:
Or as Gexla said on Hacker News:
And as Noah said:
I'm not about to make any rash decisions (beyond "wait and see"), but it does feel like we're in limbo.
(what do you think about all this? hit reply and let me know)
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Nine days ago, Peter Levels tweeted:
At Transistor, our revenue growth is holding steady. We're growing a bit every month (but not nearly as much as we were in the initial months of the pandemic).
In the MegaMaker Slack, John mentioned that latest earnings report is "a strong indication of a downturn:" Google's profits fell by 27%.
(what are you seeing? is your business being affected? hit reply and let me know)
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I'll have more to say about this in the future, but I can't believe how complicated and "taxing" it is for SaaS businesses to do sales tax registration, calculation, collection, and remittance globally.
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That's it for today.
Cheers,
Justin Jackson
@mijustin <-- I always sign with my twitter handle. should I keep doing this?
In 2024, I'm sharing marketing and growth tips for SaaS founders
I'm the co-founder of Transistor.fm (podcast hosting and analytics). I write about SaaS marketing, bootstrapping startups, pursuing a good life, building calm companies, business ethics, and creating a better society,.
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