166: Daniel Vassallo — Building a Portfolio of Small Bets

Arvid talks to Daniel about small bets, SaaS pricing, and using Twitter to build wealth.
Today, I am talking to Daniel Vassallo, writer, founder, and person with very strong opinions. He is building a portfolio of small bets in public, on Twitter. I will talk to him about the importance of making money in diversified ways, how to structure your life around being a founder, and how to figure out which business ideas might actually work.

Here is Daniel Vassallo.

What is the lifetime value of a subscription business? 1:12
Different kinds of software fit different pricing models. 5:04
What is a portfolio of small bets? 9:30
Business is unpredictable. You need to radically reduce the input. 13:48
What common things do you share with other entrepreneurs? 17:46
Don’t try to be too novel. 21:31
What’s a good approach to spreading out your experiments? 26:14
What is the best price for your business? 40:08
How Pieter Levels’ portfolio has changed over time. 45:58
How you can use social media to get new ideas. 51:26
Sometimes it’s something seemingly unrelated that opens your eyes to a new way of doing things. 55:01

Links:
- Daniel's Revenue/Days on Market graph.


This episode is sponsored by MicroAcquire

Creators and Guests

Arvid Kahl
Host
Arvid Kahl
Empowering founders with kindness. Building in Public. Sold my SaaS FeedbackPanda for life-changing $ in 2019, now sharing my journey & what I learned.

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