Austin @aylo

musings mostly unrelated to proptech | founder austinoffthegrid.com nyc Joined March 2008

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Austin @aylo

3 years ago

PSA: if you care about getting out of JFK in a reasonable amount of time, don’t bother flying JetBlue. Uber pickup moved to terminal 7 so you get a fun half mile walk + AirTrain just to get a car.

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Austin @aylo

3 years ago

Either the Twitter algo is better than I thought or every other founder has started running marathons. Gonna have to get into curling or something.

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Cap table software is the purest example of commodity SaaS with no moat. In a 3 year span, we’ve gone from paying $300/mo to $60/mo. Every year, a new entrant in the market is willing to undercut the incumbent by 50% or more. Can grow crazy fast.. but easy come easy go.

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Austin @aylo

3 years ago

Guess I’ll go back to getting my @AmericanAir Million Miler and switch to their card. Anyone know how to get a status challenge?

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Austin @aylo

3 years ago

If the plan was to encourage card spend, my guess is this will massively backfire. Rollover MQM conversion is also at egregious rates. Airline business model no longer values ~70k mi butt in seat guys like me.

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Austin @aylo

3 years ago

Welp, 2024 will be the last year I’m carrying both the @Delta and @AmericanExpress platinum. viewfromthewing.com/delta-air-line…

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Austin @aylo

3 years ago

@Struhl @nihalmehta @elizabeth @HarryStebbings @JesseItzler 2nd Strava. Not perfect especially when I’m areas where people don’t run by that often (ie if you start from a gated community) but just look for the dark traces on the map and start the route search from there.

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Austin @aylo

3 years ago

@HarryStebbings 3:15 PR. Training for 3:00. Before: 1:00: coffee 0:45: Plain pasta with olive oil and salt. 0:20: first gel During: Gu Roctane every 3.5-4mi Saltstick tablet every 2 After: At least 3L of water until system is flushed. Bone broth, mix of low/high GI carbs, eggs.

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Austin @aylo

3 years ago

@omooretweets Isn’t this just a reflection of our offline behavior? Many people consciously engage in activities with the stated goal of “finding a date” Far fewer go with a stated goal of “making a friend”— instead, we “engage with our neighbors” or “find events that were interested in”

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Austin @aylo

3 years ago

It baffles me that people in LA will scream bloody murder over Bob Iger’s salary and be ok with Rui Hachimura signing with the Lakers for 3y / $51 million…

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Willa Tellekson-Flash @willactf

3 years ago

the new york running community is electric. raced 6 miles through the streets of downtown manhattan at 2 AM today alongside nearly 200 other runners, and am confident that it's one of the coolest things i've ever gotten to do. s/o to @OrchStRnnrs for organizing the adventure

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Nate Smoyer 🏡 @NateSmoyer

3 years ago

A new podcast interview just in time for your weekend. Thanks @aylo for coming on the show to share about Peek. Excited to see how y'all leverage your unique data for AI inputs in the future!

The Proptech Podcast @TechNestPodcast

3 years ago

★ Just published a new episode of Tech Nest: The Proptech Podcast: Smarter Leasing for Property Managers with Austin Lo, CEO at Peek. Listen: share.transistor.fm/s/9ef27464

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Austin @aylo

3 years ago

@stripe Sigma is the one tool that really could benefit from GPT

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Austin @aylo

3 years ago

@alexisohanian Yep-- thats the power of a balance sheet of reasonably liquid/well understood assets (unlike 2008). This was a liquidity crisis. Fed will not have to chip in much if at all after zeroing out equity/bondholders, selling off other parts of the business

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Austin @aylo

3 years ago

@kylemccollom You forgot TreasuryDirect. Only counterparty risk is the US govt. up to $10m in each maturity of T bills and bonds. Can be as short as 4 weeks and has auto-reinvestment option. Too bad they don’t have an API..

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Austin @aylo

3 years ago

@adamscochran @garrytan Which payroll providers are affected? Rippling sent out email to all customers saying that they will be able to operate through JPM

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Austin @aylo

3 years ago

My new conspiracy theory is that the junk spam calls are trying to grab enough voice samples of me to deepfake my voice to steal my identity.

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Austin @aylo

3 years ago

@GrandTokamak Same experience here with cap table management software as well as SOC2. Commoditized offering. Ease of onboarding becomes a zeroing of switching costs.