jxtphan's profile picture. CFO | Entrepreneur | Canadian

John Phan

@jxtphan

CFO | Entrepreneur | Canadian

The CEO of Palantir was asked why he didn't have a driver’s license. His response: “When I was growing up I was too poor to have a car. And then very quickly I became too rich to drive myself.” Only in the America.


John Phan reposted

After building one multi-billion dollar company and seeding another 40... I'm convinced that founders (especially the CEO) have a HUGE impact on whether a business gets there; the journey a decade & there's no way to stay that course that long without constant effort + vigilance.


The best definition of the job of a product manager I've heard: To turn the potential energy of your team (e.g., your engineers, designers, etc.) into as much realized value as possible.


Top 10 Lessons Learned from 10 Years in Venture The two points that resonated the most: (1) Outlier Potential over Risks of Failure, and (2) not overvaluing early traction. So important, and so hard! alpaca.vc/2024/08/top-10…


This is stunning growth for finance people located in Texas

jxtphan's tweet image. This is stunning growth for finance people located in Texas

“AI is bad news for people with strong math skills and good for people with strong soft skills.” - Peter Thiel


Warren Buffet made 99.5% of his wealth after the age of 50. Age is just a number. It’s never too late to start.


Virtually all companies that get to >100M in revenue do so by leaning into 1-2 channels that fit their business and then investing heavily in become great at them. Almost all growth comes from making your core channels work better and better, not finding new ones.

jxtphan's tweet image. Virtually all companies that get to >100M in revenue do so by leaning into 1-2 channels that fit their business and then investing heavily in become great at them.

Almost all growth comes from making your core channels work better and better, not finding new ones.

After a decade of proving its linerless, weight-saving composite tanks with NASA and more than 30 aerospace companies, ⁦@Infinite_C_T⁩ is scaling for growth in commercial space and sustainable transportation on Earth linkedin.com/posts/composit…


Solving for everyone is solving for no one.

jxtphan's tweet image. Solving for everyone is solving for no one.

The biggest mistake pre-product-market-fit companies make is they don’t focus on a narrow enough customer segment. Target an impossibly small audience. Earn the right to do the next thing.


Creator Economy 2.0: What we’ve learned, why it’s hard, and what’s next - andrewchen.com/creator-econom…


When launching a marketplace, the most critical value you provide is liquidity. Building the perfect MVP is secondary.


When starting a company you should start with the smallest unit of work that you can do to get your company off the ground.


"Four steps: choose a field, learn enough to get to the frontier, notice gaps, explore promising ones. This is how practically everyone who's done great work has done it, from painters to physicists." - Paul Graham in "How to Do Great Work paulgraham.com/greatwork.html


Pessimists sound smart, optimists make money.


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