Co-Founder @equitybee. Husband to Neta-Lee. Father to Tommy, Dani and Rae.
Palo Alto, California
Joined April 2009
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The fact that Anthropic didn't publish its S-1 as an .md file is a huge missed opportunity
sec.gov/Archives/edgar/data/…
1/ When a company feels the need to explicitly warn people not to use its product for something, that's usually a pretty good sign that lots of people are already doing exactly that.
That's how I read this ChatGPT disclaimer.
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At @EquityBee , we’ve facilitated the option exercise of thousands of startup employees.
Looking at these transactions over time revealed an interesting story: which banks startup employees use as their primary bank account.
We decided to share the data 👇
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A few other interesting findings:
• Charles Schwab ranks #4 - these clients already think like investors.
• Other major banks are nearly absent from the list.
• Neobanks have almost no meaningful representation, despite positioning themselves to serve this audience.
These clients are today’s HENRYs and tomorrow’s HNWIs.
Analysis + methodology: equitybee.com/employees-lp/w…
Took a road trip from SF to LA with Full Self-Driving on. Calling it ‘driving’ is like calling using Claude Code ‘coding’.
Probably one of the best and insightful episodes of all times
Stewart Butterfield (@stewart) rarely does interviews. After 2 years of trying, I finally convinced him to come on.
In this special conversation, Stewart shares the frameworks and mental models that most helped him build two of the most important products in tech history (@Flickr, and @SlackHQ—which he sold for $28B, and which powers how basically every company collaborates these days).
We discuss:
🔸 "Utility curves" — his framework for prioritizing ideas
🔸 "The owner's delusion" — why restaurant websites suck
🔸 "Tilting your umbrella" — a hilarious Slack core value
🔸 "Hyper-realistic work-like activities" — my new favorite concept
🔸 "Don't make me think" — Stewart's foundational design philosophy
🔸 The story behind "We don't sell saddles here"
Listen now 👇
• YouTube: youtu.be/kLe-zy5r0Mk
• Spotify: open.spotify.com/episode/42J…
• Apple: podcasts.apple.com/us/podcas…
Thank you to our wonderful sponsors for supporting the podcast:
🏆 @WorkOS — Modern identity platform for B2B SaaS, free up to 1 million MAUs: workos.com/lenny
🏆 @getmetronome — Monetization infrastructure for modern software companies: metronome.com/
🏆 @Lovable — Build apps by simply chatting with AI: lovable.com
Christmas is the perfect time to unsubscribe from all the companies wishing me Merry Christmas that I forgot I ever signed up for 🎄📧
The world doesn't need another Lovable. It makes sense in some cases like Figma Make if it can use the existing design system, or in Shopify if it connects to the existing backend, but other than that, we got the point.
