Sometimes I get shocked by these numbers and it reminds me how little I know about business. Like if you showed me the wikipedia page for Zapier and asked me give it some value, I would be way off. Or if you pitched the business idea to me, I would tell you do something better with your time.
Zapier reached a $5B valuation with $1.3M of funding
171–180 of 267 posts
Re: Zapier reached a $5B valuation with $1.3M of funding
#172Earlier quoted context omitted.
>Sometimes I get shocked by these numbers and it reminds me how little I know about business. This is because you lack the most overlooked and most difficult to teach skill in investing: empathy. Zapier lets non-programmers, the vast majority of the planet, do things that programmers do. Many programmers have poor empathy and thus make bad salespeople and investors. If you can understand how most of the planet thinks…
Imagine just blasting out at a person that you've never met and know essentially nothing about, based on a few sentences they wrote regarding startup valuations that "they lack empathy". As in you are willing to assess this other person as being completely devoid of empathy. That seems fairly insane.
Re: Zapier reached a $5B valuation with $1.3M of funding
#173Earlier quoted context omitted.
>Sometimes I get shocked by these numbers and it reminds me how little I know about business. This is because you lack the most overlooked and most difficult to teach skill in investing: empathy. Zapier lets non-programmers, the vast majority of the planet, do things that programmers do. Many programmers have poor empathy and thus make bad salespeople and investors. If you can understand how most of the planet thinks…
Imagine just blasting out at a person that you've never met and know essentially nothing about, based on a few sentences they wrote regarding startup valuations that "they lack empathy". As in you are willing to assess this other person as being completely devoid of empathy. That seems fairly insane.
Re: Zapier reached a $5B valuation with $1.3M of funding
#174Sometimes I get shocked by these numbers and it reminds me how little I know about business. Like if you showed me the wikipedia page for Zapier and asked me give it some value, I would be way off. Or if you pitched the business idea to me, I would tell you do something better with your time.
>Sometimes I get shocked by these numbers and it reminds me how little I know about business. This is because you lack the most overlooked and most difficult to teach skill in investing: empathy. Zapier lets non-programmers, the vast majority of the planet, do things that programmers do. Many programmers have poor empathy and thus make bad salespeople and investors. If you can understand how most of the planet thinks…
Also, please don't tell other people that they lack empathy straight in the face, that's plain rude, and hey,...sounds like lack of empathy :p
Sometimes I think the application of that word is way too broad, especially in business setting.
Re: Zapier reached a $5B valuation with $1.3M of funding
#175Earlier quoted context omitted.
>Sometimes I get shocked by these numbers and it reminds me how little I know about business. This is because you lack the most overlooked and most difficult to teach skill in investing: empathy. Zapier lets non-programmers, the vast majority of the planet, do things that programmers do. Many programmers have poor empathy and thus make bad salespeople and investors. If you can understand how most of the planet thinks…
Imagine just blasting out at a person that you've never met and know essentially nothing about, based on a few sentences they wrote regarding startup valuations that "they lack empathy". As in you are willing to assess this other person as being completely devoid of empathy. That seems fairly insane.
Trying to come at it optimistically I’m going to assume they hopefully mean empathy for Zapier’s users and how they use it haha
Re: Zapier reached a $5B valuation with $1.3M of funding
#176Earlier quoted context omitted.
Imagine just blasting out at a person that you've never met and know essentially nothing about, based on a few sentences they wrote regarding startup valuations that "they lack empathy". As in you are willing to assess this other person as being completely devoid of empathy. That seems fairly insane.
His reply is a textbook example of psychological projection. He clearly lacks empathy and is attempting to attribute it to someone else as a defense mechanism.
Re: Zapier reached a $5B valuation with $1.3M of funding
#177Earlier quoted context omitted.
Any other good sources, like books or articles ?
The valuation of current tech companies is way astronomical compared to what is considered normal for mature companies. The average price to sales for S&P used to be between 1.5-2.5 for many decades. However for these newly IPO companies the price to sales ratios are around 10-15. Similarly the P/E ratio for S&P companies used to be in the 15-25 range to the considered normal . However with these internet companies,…
What "internet" company has a P/E ratio above 100?
Facebook: 25
Apple: 31
Netflix: 81
Google: 36
Netflix is close, I guess.Re: Zapier reached a $5B valuation with $1.3M of funding
#178Sometimes I get shocked by these numbers and it reminds me how little I know about business. Like if you showed me the wikipedia page for Zapier and asked me give it some value, I would be way off. Or if you pitched the business idea to me, I would tell you do something better with your time.
>Sometimes I get shocked by these numbers and it reminds me how little I know about business. This is because you lack the most overlooked and most difficult to teach skill in investing: empathy. Zapier lets non-programmers, the vast majority of the planet, do things that programmers do. Many programmers have poor empathy and thus make bad salespeople and investors. If you can understand how most of the planet thinks…
This may be where some of the mystery over the product among programmers could lie. It doesn't look like it would actually let non-programmers do what programmers do at all.
Re: Zapier reached a $5B valuation with $1.3M of funding
#179Sometimes I get shocked by these numbers and it reminds me how little I know about business. Like if you showed me the wikipedia page for Zapier and asked me give it some value, I would be way off. Or if you pitched the business idea to me, I would tell you do something better with your time.
>Sometimes I get shocked by these numbers and it reminds me how little I know about business. This is because you lack the most overlooked and most difficult to teach skill in investing: empathy. Zapier lets non-programmers, the vast majority of the planet, do things that programmers do. Many programmers have poor empathy and thus make bad salespeople and investors. If you can understand how most of the planet thinks…
Re: Zapier reached a $5B valuation with $1.3M of funding
#180Sometimes I get shocked by these numbers and it reminds me how little I know about business. Like if you showed me the wikipedia page for Zapier and asked me give it some value, I would be way off. Or if you pitched the business idea to me, I would tell you do something better with your time.
>Sometimes I get shocked by these numbers and it reminds me how little I know about business. This is because you lack the most overlooked and most difficult to teach skill in investing: empathy. Zapier lets non-programmers, the vast majority of the planet, do things that programmers do. Many programmers have poor empathy and thus make bad salespeople and investors. If you can understand how most of the planet thinks…