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Arvid Kahl Blog
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19 September
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Their words
And more than half the rise in the top 1% share since 1985 flowed through the pass-through businesses that was a "tax efficiency innovation" feature of the Reagan Revolution.
17 September
16 September
15 September
14 September
11 September
9 September
8 September
7 September
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Their words
especially with AI now I'd say anyone can try, and non-technical people with the best ideas, creativity/taste and understanding of whatever cultural zeitgeist we're in can win
6 September
5 September
3 September
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korrents.com
Large layoffs tend to push out the best employees, who quit for competitors or start their own companies.Their words
That’s the problem with large layoffs; they prompt precisely the best employees to quit to join competitors, or launch their own businesses.
2 August
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korrents.com
Deciding on averages is how product teams destroy the small group for whom a barely-used feature is everything.Their words
there are real downstream impacts to people's businesses that often come from just like a lack of nuance in understanding metrics, particularly averages.
31 July
From one piece Patrick Collison: Is AI Breaking the Lean Startup Playbook? 2 beliefs, in the piece's order there
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Their words
Um, but actually the median business, uh, is doing better this year than a year ago. Um, and so and then if we kind of, um, stratify and look at the probability that any given business will reach some revenue threshold, a million dollars, five million dollars, 10 million dollars, whatever, um, those all seem to be getting better.
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Their words
Um, as I speak, the number of new businesses starting on Stripe is up around a bit under, but around 2x year-over-year, um, which again is the largest relative jump, uh, we've seen.
28 July
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Their words
There are many many unsolved problems in the world, many great ideas hiding in plain sight that were actually solvable that could have been multi-billion or multi-t trillion dollar businesses a while ago, but nobody's building them and not for any reason other than nobody went and did it.
26 July
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Their words
I'm seeing a trend here of declining revenue and traffic with indiehackers On my own projects too Maybe big VC products too but I wouldn't know cause they don't share revenue To me it seems clear BigAI is cannibalizing everything that used to be apps
15 July
From one piece An Alternative to Private Equity: Introducing ORANGE JUICE 2 beliefs, in the piece's order there
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korrents.com
Businesses acquired by private equity funds fail more often than average because of the leverage loaded onto them.Their words
Businesses that emerge out of PE funds have higher failure rates than average, thanks to being saddled with a lot of leverage.
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Their words
Privately held businesses in the United States are collectively worth trillions of dollars, and demographically speaking, they have an aging set of owners who are seeking liquidity or diversification as they explore how to pass on what they've built.
30 June
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Their words
As is the case with most businesses, suppliers in the housing industry generally set prices based on market conditions and what buyers or tenants are willing to pay, rather than on production costs.
Some Things YIMBYs Tend To Get Wrong (and Right)strongtowns.org
22 April
From one piece Designing Data-intensive Applications with Martin Kleppmann 2 beliefs, in the piece's order there
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Their words
And so, the goal of this chapter is really just to give people the information in order to make an educated decision. But I don't want to make that decision for people. That's for businesses themselves to decide.
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Their words
software as a service businesses, for example the whole reason why they can charge a subscription is because they are able to essentially hold a gun to the customer's head and say, "Pay us at your subscription, otherwise we will delete all your data."
8 April
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Their words, before
I know this from experience because I've been trying to build a lot of other businesses since. And some of them have been moderate successes, even good successes, none of them have been Basecamp. It's really difficult to do that twice.
Their words now
And I have no shame in saying that Base Camp was the best idea objectively in terms of a business that we've ever had.
13 March
From one piece Data Is the Only Moat 2 beliefs, in the piece's order there
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korrents.com
Real-world, human-generated data is becoming the only durable moat for software businesses over the next decade.Their words
I believe that data - real-world data, mostly human-generated, validated, and cleaned - is the only reliable moat we have as software founders in the near and mid-term future.
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Their words
If you run a software business that is purely transformative - that takes incoming data, does something to it, and turns the data back out - that will be a problem.
16 February
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Their words
It's interesting that the Shorter hobby businesses all draft off superstars in the legacy hobby, but make their vast majority of their money from people who will of course never come close to the level superstars - you'd still go to pickleball and talk Nadal vs Federer, you'd still go to Top Golf and make Tiger Woods jokes.
2 January
25 October 2025
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korrents.com
Businesses raise prices only when their accounts force them to, not when they can see the cost coming.Their words
Business only raise prices when accounting losses force them to do so.
13 August 2025
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korrents.com
Letting banks ruin the economics of businesses they dislike by demand letter will inevitably be abused.Their words
We should not allow banks to get into the habit of sending demand letters to ruin the economics of businesses they simply do not like.
16 July 2025
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Their words
A lot of our middle market clients use investment banking products. A lot of our consumer clients use some effects. So, all of our businesses feed each other. There's no extraneous. We got rid of everything that didn't fit a strategy.
10 April 2025
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