The best advice for all VCs out there is to just get one @figma in your portfolio. You can't lose if you just do this.

We're noticing a lot of the #37 being used by technologists and we think this is linked to move 37 that refers to a specific move made by the AI AlphaGo during a Go match against Lee Sedol in 2016. It's entirely possible that move 37 made by AlphaGo was a reference to @dhh and @37signals.

IN NEWS: Ray Dalio steps down from Bridgewater at age 75 to focus on his content creation career.

TBPN | Friday, August 1st

We asked @zoink about organizational design in the age of AI, the importance of design. "As the inputs to software change, as more people are creating software, design becomes the differentiator." "Two decades ago, design was lipstick on a pig." "Design now is how you win or lose. We're going to start seeing so many more designer CEOs and design-oriented folks who are leading and shaping the future of software and companies." "Incredible designers are more in demand than ever. Good luck recruiting them because they have 50 other offers and infinite optionality."

.@dannyrimer (Partner at @IndexVentures) on why they keep their funds intentionally small. “Our contrarian element has been *not* to grow enormously.” “Investing is a craft; if we get bigger, we might lose the focus and the relationships with founders that we adore.” “We’re seven investing partners, and that’s enough to generate the returns we’re after.”

We sat down with @andrew__reed to discuss the future of org design in the age of AI: We’ve already watched lean, AI-native teams ship full products with just a couple of people. "The archetype would be the creative technologist. In the same way that all of us are capable of scribbling on a piece of paper when we're bored, all of us are going to be capable of creating something on the Internet." "In big companies you will probably still have siloed teams (engineering, product, design, marketing etc)." "Small companies are using tools like @figma for everything from ideation, to prompt something, to iterating with users and actually publishing code."

Ever wondered what it's like taking a company public at the NYSE? We got the scoop from the President of the Stock Exchange, @lynnmartin: "You probably have gone through about a 10-day period where you've been on the road, you are moving around." "You will go see some of the big long-only funds in person (Fidelity, Turo, Vanguard, BlackRock)." "The night before you price. Your deal gets priced." "Morning of you wake up bright and early. Then you ring the bell at the New York Stock Exchange and have a couple-hour period where you're doing media interviews."

We asked Dylan Fields (@zoink) about his approach to building the strong board and executive team at @Figma. "The perfect board relationship is one where you know you're gonna be calling them up with questions and you're gonna really enjoy spending the time and working through with them." "You don't have to find board members who are universally great at everything. When you find people that spike in certain areas, that's awesome." "We just have folks that really spike in different areas and coming together, they can really help everyone in the group get to the right decision."

I don’t think people realize how hard it is to land a CEO interview on the NYSE floor the day of their IPO Especially for a show that launched only a few months ago