The Ledger
Every statement that passed quotation and attribution checks. Mix any filter with any other: certainty 1/5, debate potential 5/5, or both at once.
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Lanng: Tech companies should ban internal political discussions to focus on building
“And I like what David Heinemann says, like, he banned politics in, in, in in signals and I think that's absolutely right. I think we shouldn't sit around the table discussing all this stuff. We should just build something and make it work, and if we're allowin…”
Managers should evaluate first-year employees by asking if they would rehire them
“One of the things we do is the first year is kind of a real big, I would say, I mean, people are hired, but it's kind of a test. The main question we ask at the end of the first year is would I hire this person again?”
37signals operates without financial goals or growth targets beyond remaining profitable
“We don't have financial targets. We don't have financial goals besides being profitable. I'm not aiming for a certain percentage of growth on a given year.”
Founders make a mistake by comparing customer counts with competitors
“This is, I think something entrepreneurs get wrong all the time. They compare themselves to someone else and they go, how many customers do they have? How many customers do they have? All that matters is do we have enough customers to make our own business wor…”
Unprofitable SaaS companies face deep cuts as venture funding dries up
“If a company can't make its own money, they require outside money. Outside money dries up. Things have to change. I mean, there's gonna have to be late. There already is. It's not like this is news, but layoffs, deep cuts, some austerity measures. You know, th…”
Basecamp evaluates candidates with paid, one-week contract projects before full-time hiring
“When we hire people, we actually hire them first for a week, ah, on a contract basis, one week, not in every position, but in some, to actually do a project for us.”
37signals operates without a board of directors or outside funding
“Not taking money, so I'm not beholden to anybody. We don't have a board of directors.”
37signals has been profitable every single year for 23 years
“We've been profitable for 23 years, every year.”