One by-product of constantly interacting with our customers and fans on Twitter means we come across plenty of choice tweets.
Whether it’s the endless debate about whether or not we’re in a bubble, startup culture, or good old-fashioned twitter fights, tech twitter never fails to deliver on the pulse of tech, VC, and startups. Here’s our look at the year in tech tweets:
1. The b-word
Much of 2015 was spent reading the tea leaves for signs of a tech bubble. a16z’s Marc Andreessen has been a staunch opponent of the bubble talk:
“The tech bubble is about to burst,” declared highly confident analyst after being wrong for 10 years.
— Marc Andreessen (@pmarca) September 9, 2015
Andreessen, along with researchers at his firm, have written extensively about how “this time is different.” We may all just be paranoid:
If it’s not a bubble, what is it? Alternate explanation: We’re all Depression Babies, scarred by 2000/2008 crashes. http://t.co/LvImnE4g20
— Marc Andreessen (@pmarca) October 10, 2015
In contrast, Benchmark’s Bill Gurley has been vocal about a tech bubble for quite some time.
3/ The bottom line is that global tech valuation multiples are compressing (coming in). Quickly.
— Bill Gurley (@bgurley) August 21, 2015
4/ One might reasonably assume that this would have an adverse impact on late stage private market liquidity and valuation. I certainly do.
— Bill Gurley (@bgurley) August 21, 2015
5/ If so, we may be nearing the end of a cycle where growth is valued more than profitability. It could be at an inflection point.
— Bill Gurley (@bgurley) August 21, 2015
6/ Investors are likely to refocus on business model viability and path to profitability. This will seem like an abrupt sea-change to many.
— Bill Gurley (@bgurley) August 21, 2015
Many saw signs of an emotion-driven cycle.
Most assume “the next round” is usually a function of metrics, milestones, etc. when in fact it’s mostly driven by excitement, charisma.
— Semil (@semil) September 30, 2015September 30, 2015
All the bubble talk wore on Y Combinator’s Sam Altman… then again he didn’t seem so sure.
I think for every comment someone makes about the tech bubble he/she should have to make two about something actually interesting.
— Sam Altman (@sama) August 21, 2015
But that said–people should heed @bgurley. Especially about burn rates.
— Sam Altman (@sama) August 21, 2015
According to some, top funds are using the b-word to exploit their buying position. Shots fired.
No buyout funds have as much power to steer market values like @benchmark @usv @a16z do in VC. They say winter is coming so grab you ankles.
— Devin Mathews (@devinmathews) August 22, 2015
Alternative-metal band Linkin Park now runs a venture fund (Machine Shop Ventures) that has stakes in Lyft, Shyp, and Robinhood. Sign of a bubble?
Linkin Park now runs a VC firm on the side. It’s like God is telling me to switch beats. http://t.co/Hfw21tzIC8
— Dan Primack (@danprimack) May 20, 2015
Profits are, apparently, overrated.
2/ If a company is profitable, it’s because they can’t figure out how to reinvest their revenues in growth. This is usually a bad thing.
— Startup L. Jackson (@StartupLJackson) May 8, 2015
Whatever your position on the bubble question, public markets haven’t been friendly to private market valuations:
IPOs are the new down-rounds.
— Erick Schonfeld (@erickschonfeld) April 2, 2015
2. Valley swag
These were the tweets that captured the zeitgeist of startup-land — and the frothy funding climate — in 2015. Whatever side of the bubble you’re on, things sure were bonkers:
Real estate is crazy enough in San Francisco that I have been offered stock options as part of selling our house.
— Joe Fernandez (@JoeFernandez) March 13, 2015
Only in the Bay Area would you find a greeting card for closing a funding round. pic.twitter.com/oUxNlPiSyR
— Ryan Greenberg (@greenberg) April 3, 2015
Philz just does it better.
In San Francisco people paid $50 an hour wait in line for 15 minutes to pay $7 for drip coffee that takes 10 minute… pic.twitter.com/ler0eRKjZT
— jason (@Jason) June 23, 2015
SF: where people start a Tilt campaign to raise $4000 for a Sunday brunch pic.twitter.com/UGin8TYeW6
— Tiffany Zhong (@tzhongg) December 11, 2015
Guess it’s still a programmer’s market:
Talked to a job candidate last week who said she won’t work at a company that doesn’t use @SlackHQ. +1
— Kate Lee (@katelaurielee) September 24, 2015
3. On-demand, all the time
2015 was also marked by hype surrounding the rise of the on-demand economy. Not all were fans:
the on demand economy will not be complete until u can press a button and someone poorer than u shows up to wipe your ass. i hate this trend
— Jordan Cooper (@jordancooper) May 13, 2015
And with the 1099 contractor controversy bringing down startups like Homejoy, doubts about the on-demand economy grew louder.
Leaving Uber aside, there has to be some pretty big freakout right now at VC firms invested in on-demand services businesses.
— Dan Primack (@danprimack) June 17, 2015
Zirtual was another casualty.
Did I really just get an email from Zirtual that they’re ceasing operations TWO FREAKING WEEKS AFTER I HIRED THEM?? What the actual hell?
— Peter Shankman (@petershankman) August 10, 2015
4. TechCrunch Disrupt-ed… by VC
This was the year everyone in tech journalism moved to the dark side.
I’m excited to announce that I’ll be joining the @a16z deal and research team in July!
— Kyle Russell (@kylebrussell) June 15, 2015
But it’s time for new things! On Monday I start work at Y Combinator, in a newly created role as Editorial Director.
— Colleen Taylor (@loyalelectron) June 12, 2015
Not sure the VC industry can absorb all the TechCrunch writers at once so pls space departures out over next few quarters.
— Hunter Walk (@hunterwalk) May 12, 2015
5. Tech Twitter drama
Whether it was beef between VCs or between Amazon and The New York Times, there was no shortage of drama and Twitter burns.
Going to need to build some time for Twitter debates into my calendar.
— Keith Rabois (@rabois) February 17, 2015
Some friendly encouragement from one early-stage investor to another, 🙂
gonna be a busy next several months… watch out folks, u ain’t seen nuthin’ yet 😉
— Dave McClure (@davemcclure) March 19, 2015
.@sama thanks for the advice sam! I’ll work on that, along with the 50 other people on our team in 12 countries supporting our founders 🙂
— Dave McClure (@davemcclure) March 19, 2015
In a rather epic debate about Twitter’s content rules, Sacca delivered this sweet burn to Mark Cuban:
@mcuban Hey dude, gotta run. Busy investing in actually successful startups. Miss you.
— Chris Sacca (@sacca) December 10, 2015
In case you missed the Great Medium Battle Of 2015, Amazon and the New York Times butted heads regarding the Times’ exposé on the absence of work-life balance for Amazon employees:
Hours later, the Times’s Executive Editor came back with a pointed rebuttal:
Maybe the most astonishing thing? The NYT published its rebuttal on Medium instead of, you know, its own very public website.
Media networking drinks, 2019: “So, which Medium vertical do you work for?” “I’m at NYT dot medium dot com.”
— Daniel Bentley (@DJBentley) October 19, 2015
6. Potpourri
Some tweets were so 2015 we couldn’t leave them off.
Sorry, but a pricing model does not equate to a competitive advantage. When I see this stuff I fear the end is near. http://t.co/MRNBR7euVL
— Bill Gurley (@bgurley) February 12, 2015
Star Wars Villain or Tech Investor? – Boba Fett – Gilad Pellaeon – Hunter Walk – Roelof Botha – Hondo Ohnaka – Alexis Ohanian – Greedo
— Buzz Andersen (@buzz) December 22, 2015
Note to self: don’t leave cups of coffee on your desk while testing VR apps. Bumped into desk and suddenly.. a mess. Sigh.
— Darshan Shankar (@DShankar) May 3, 2015
It’s an exciting day for me as I announce that I will be joining the @Square Board of Directors! https://t.co/VlRCCcSCDW
— Earvin Magic Johnson (@MagicJohnson) June 17, 2015
@joshelman China scene is 1999.
— Keith Rabois (@rabois) June 5, 2015
7. The Tweet of the Year:
the future is here https://t.co/9DyqRtvhQt
— Andy Baio (@waxpancake) October 21, 2015
8. CBI love
Whether they know it or not, some of our favorite follows are fans of CB Insights.
I read @CBinsights every AM. Yesterday’s mega financings. China, China, U.S., India, China pic.twitter.com/6sN1ailYks
— Mark Suster (@msuster) July 7, 2015
The best startup business coverage is not on Techcrunch/Recode/WSJD/Information etc, but on @cbinsights. Sans drama & egos, even better!
— Rafat Ali (@rafat) April 8, 2015
The Periodic Table of VC bloggers https://t.co/d0bVFnCA5z
— Dan Primack (@danprimack) February 10, 2015
@hunterwalk @danprimack is it egotistical to assume that I’m the impetus for that angle? #magnesium
— M.G. Siegler (@mgsiegler) February 10, 2015
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Feature image credit: Christopher Michel. Creative Commons license Attribution 2.0 Generic.
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