Turner Novak 🍌🧢
@TurnerNovak • 205,369 subscribers
Mostly satire. Serious stuff: investing @BananaCap_ and @ThePeelPod (sign-up for emails below)
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First time I’m seeing this view of one of the most insane comebacks in sports history. 2022 Kentucky Derby. Going into the last turn, Rich Strike was in 18th place (out of 20). He had 80-1 odds, the 2nd lowest of any winner in history. He wasn’t even supposed to race that day. Another horse was scratched last minute, and his owner got him registered 30 seconds before the deadline. Proceeded to pull off one of the greatest moments in sports history.
Turner Novak 🍌🧢1,427,304 次观看 • 1 年前
New The Peel with Jim Belosic (SendCutSend) Jim bootstrapped sendcutsend to a $140 million revenue run rate in eight years. We talk building a sheet metal manufacturing business in the US, creative ways he financed the company early on, using speed, trust, and software to compete with overseas competitors, lessons from restaurants, and why you can’t run factories from a spreadsheet. Thank you to Numeral, Flex, and Amplitude for supporting this episode! Timestamps: 0:16 Automating sheet metal manufacturing 5:59 Zero to $140 million ARR in 8 years 7:58 Acquiring a $750k laser with $0 13:38 Automating factories is like baking cookies 15:17 Being legible to capital 17:31 Unlocking custom, low order manufacturing with software 20:00 Building more factories instead of selling the software 24:50 Run your company like a lemonade stand 28:30 Raising an angel round in 2021 as a safety net 33:21 SendCutSend’s unique bottoms-up GTM 38:24 Fun coupons 40:12 Building a moat with speed and trust 45:55 How US factories can beat China 47:40 Gaslight product launches 52:05 Lessons from non-manufacturing businesses 55:19 You can’t run a factory from a spreadsheet 58:10 Using data in manufacturing 59:50 Lessons from Factorio 1:03:17 Unlocking a negative cash conversion cycle 1:06:14 You need to resist automating everything 1:13:51 Surviving COVID with six weeks of cash 1:15:47 Solving the US skilled labor shortage 1:26:17 Teaching kids about manufacturing
Turner Novak 🍌🧢117,520 次观看 • 1 个月前
🚨This University of Michigan professor just gave his PhD students a Code Red about AI: "These AI models are now able to reason through things at my level of expertise, in areas that I'm one of the world's experts in. Things that would have taken me 4-5 months are now getting done in a weekend. Until December of 2025, I talked about the potential of these AI tools. But over the past few months, they've gotten as good as leading edge researchers. But there's still value in developing your own intuition and thinking. The best way to learn physics is by working through the problems. You develop a lot of intuition by doing things the slow way. If want to continue to be competitive going forward, you need to experience the friction of learning everything yourself while also mastering how to use AI."
Turner Novak 🍌🧢106,308 次观看 • 1 个月前
New The Peel live from Allocate's Beyond Summit I asked 15 investors to give me their spiciest take. Thanks to Numeral, Flex, and Amplitude for sponsoring this episode! Timestamps 1:22 Seed investing is dead (Tripp Jones) 5:56 Seed is not dead (Bryan Rosenblatt) 13:19 Most consensus era of VC ever (Nate Williams) 18:02 Taking the Power Law Pill (Pratyush) 29:15 The 2nd-time founder premium is dead (Matt Cohen) 32:46 AI will crush intelligence labor 42:25 New deep tech investors will lose their shirts (Sunil Nagaraj) 46:39 ChatGPT for robotics is still 15 years away (Sungjoon Cho) 52:07 The app layer ARR reckoning 58:30 The AI bubble will pop in Q2/Q3 (Amias Moore Gerety) 1:08:22 Most individuals invest in VC wrong (Jon Oberheide) 1:15:25 Allocators have become too allocator-y (Dan Feder) 1:20:55 LP’s should value information, not just returns 1:24:09 Upcoming litigation of Russian doll SPVs (Asher Siddiqui) 1:30:13 Why retail needs private market access (Sarah Pinto Peyronel)
Turner Novak 🍌🧢17,216 次观看 • 7 天前
Since TikTok is getting banned, here are my top TikTok’s from the past few years: This one was a banger. I filmed it so you could use the Duet feature and record a split screen, pitching me. Went viral on Twitter and actually ended up investing in a company that pitched me 😂
Turner Novak 🍌🧢108,488 次观看 • 1 年前
