Snailmail: GDPR, Duplex, Forcasting CAC in DTC Products and other food for thought...
Slow Ventures Snailmail
Snailmail: GDPR, Duplex, Forecasting CAC in DTC Products and other food for thought...
Thursday, June 14th, 2018
Welcome back to Slow Snailmail. Got this forwarded and want to subscribe? Go to: http://slow.claims
🤖Google Duplex Wowed everyone…if you haven't seen it, you should check it out. Sam wrote a brief response to it for those that think we are days away from the robots taking over on the Fin blog
🔗Taxing Attention It is interesting to see product shots fired by Google and Apple on the issue of digital media and internet 'addiction' (with Apple's screen time tracker). There have been all sorts of proposals floated about new forms of taxation for the digital economy like Chris Hughes's data-tax idea…but are we just going to end up with an attention tax? If Attention is a social good then maybe you do (though, of course, that would only put further pressure on monetizing it!)
🥩Understanding DTC CAC in a FB Acquisition World We have a lot of DTC consumer brands in our portfolio. We believe that the internet opens up huge amounts of opportunity for them… We also believe that Facebook, in particular, is very good for bootstrapping companies early on when they have no brand awareness and potentially no keyword specific obvious demand… But, there is a catch to watch out for… Facebook is great at finding and delivering your first customers, but they are so good that they can basically find almost anyone to buy almost anything, and you are left not knowing how deep the market ever is that you are fishing in, or when the cost of acquiring new customers might all of a sudden spike.
🛴An SF government official walks out of her apartment, looks down, and sees 2 homeless people, 4 shits, 5 used needles, and 3 electric scooters...which needs to go? SPOILER ALERT: it's the only one not related to the others! Bird hunting culture is starting to impact our teens...game on!
Keeping with the tradition of notable figures like Bill Gates and Oprah releasing summer reading lists, the team at Slow wanted to share the literature that has been keeping us most captivated these hot summer nights:
Looking to hire entry level full stack software engineers? Shoot an email to Elie Schoppik at email@example.com!
After teaching together at other coding schools, Elie Schoppik and Matt Lane grew frustrated by the landscape. They felt that many for-profit education models were focusing on aggressive scaling to the detriment of the student experience. This misplaced focus took many forms: filling classes with upwards of 40 students, hiring inexperienced developers to teach, trying to teach the same content in different markets even if those markets had different needs, and so on.
Elie and Matt built a boutique coding bootcamp called Rithm School that put the student experience first. Their classes are capped at 16 students and they hire only extremely qualified educators and developers to teach. Small classes also give them the bandwidth to do things that larger programs can't, like give students a month of contract experience on production codebases.
Working with speech-to-text?AssemblyAI has released the next version of their API which is more accurate than Google at transcribing audio of all types. If you're transcribing phone calls, videos, podcasts, or any type of speech in your product, they'd love to give you access to the API. You can read more about the API here, and email the founder Dylan directly at firstname.lastname@example.org.