Jay Bean (@jayrbean) profile picture

Experienced startup founder with successful exits. Building GOTYOU, a Web3 platform for customer interaction. Passionate about consumer product development.

USA
Joined August 2008
Photo by Jay Bean (@jayrbean)Photo by Jay Bean (@jayrbean)Photo by Jay Bean (@jayrbean)Photo by Jay Bean (@jayrbean)Photo by Jay Bean (@jayrbean)Photo by Jay Bean (@jayrbean)Photo by Jay Bean (@jayrbean)Photo by Jay Bean (@jayrbean)Photo by Jay Bean (@jayrbean)
This one was really fun to record with @VCDalton and @Soffeal. Founding a thing is a process and not an event.
Want to know how Kickstart was kickstarted? 🤔 Check out our special new episode on Perfect Pitch featuring @gavin_kickstart, @Soffeal, and @VCDalton as they spill all in Kickstart's founding story. 🎙️ Search for Perfect Pitch wherever you find your podcasts. #FounderStory
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It is amazing that its 2024 and there is still such a huge discount between marketing spend and customers walking in a physical store. gotyou.co/gotyou-bridging-th…
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Jay Bean retweeted
Fantastic conversation this morning #onstage between @OmniTalk and @Google Head of #Commerce Maria Renz here at #shoptalk
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This is going to be awesome!!! Can’t wait! 💪🏽
We are excited to share our vision for the future of Royals baseball in the heart of Kansas City.
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Jay Bean retweeted
I’m gonna give 10 random people that repost this and follow me $25,000 for fun (the $250,000 my X video made) I’ll pick the winners in 72 hours
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“As we think about the future, we should be filled with faith & hope” -Russell Ballard #sundaythought
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HOT TAKE: buying things is significantly less exciting than it used to be. Maybe it’s just me, but I think most companies: 1) have stopped making innovative, useful products 2) focused on building subscriptions 3) believe trapping customers is better than building anything truly amazing It’s been a VERY long time since I’ve experienced being super excited for any product.
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The people who created the web browser believed in freedom of speech, freedom of thought, and freedom of code.
Imagine if all the people creating the web browser and the early internet were constantly warning you that the internet would destroy the world instead of doing what it actually did, which is make the world more connected than ever before, while giving you access to all the world's knowledge. We probably would have a bastardized version of the net, not the open, democratizing net that let anyone communicate with anyone else directly over massive distances. Of course, every technology has its downside and the internet has some and AI will have some too. But I don't understand this obsession with people who work in AI and want to tell you all the bad things that it will do. The mainstream media just eats this stuff up because that's what they do, conflict and horror. So they happily keep asking the same questions like when will AI kill us all or destroy all the jobs? And these folks just keep answering: Tonight's story is Dooooooooooooooom! When will we wake up from this collective delusion and realize that this is subconscious status seeking by folks who want to inflate their importance in the world and that there is no basis for what they are saying? How long will it take before we realize that what Altman said recently is the most likely scenario, that AGI will arrive and it will change the world but not as much as we expect, just like every technology before it. We find balance with technology. We adapt. That's what we do. These constant doomsday predictions are the one dimensional, black and white thinking of children. It doesn't take into account any other engineering developments along the way, or that we learn as we build technologies and that those learnings change the technology, or that there will be mitigations we put in place along the way that we take from those learnings, like we always do. Planes got safer and safer the longer we developed them and the more we understood their flaws. So did refrigerators and the production of milk and medicines and everything else in the history of technology. We learn. We adapt. If there is a problem with the net, it comes from its greatest strength in that it's given a voice to all these folks who have a problem for every solution and who can't change the subject and who won't shut up about it. They are leading us to a world where one or the more important technologies if the future is crushed and controlled by a tiny group of people who can censor anything and bend the AI to their worldview and filter out everyone else's instead of you interacting directly with people. Once people default to asking AI for everything, instead of looking it up themselves, AI becomes our interface to the digital world. We don't want that interface controlled by a few companies who can warp it and force it down a narrow channel with a limited world view, rather than showing you the vast and wonderful diversity of life. That's what you should really fear, not AI turning you into a paperclip. You should fear people who think open is dangerous, when open is the foundation for all greatness.
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“I am enthusiastic about the future. You can be too. You are living in the most exciting period of time in history.” -Richard Scott #SundayThought
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I’ve now heard of two VC firms that closed funds in 2021 but recently asked LPs to re-open that fund to add more cash and extend the investing timeline for a few more years. In other words, dilute the frothy investing decisions / valuations of the earlier vintage. Clever. Wonder how common this is?
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“There are far, far better things ahead than any we leave behind.” - C.S. Lewis #SundayThought
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This is incredible thoughtful growth. Glad they are investing here 👏🏽👏🏽
Meet the visionaries redefining what it means to build better #WelcomeToUtahCity
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Q: Why are startup ideas worthless? In his essay Ideas for Startups, Paul Graham wrote: “startup ideas are not million dollar ideas, and here's an experiment you can try to prove it: just try to sell one. Nothing evolves faster than markets. The fact that there's no market for startup ideas suggests there's no demand. Which means, in the narrow sense of the word, that startup ideas are worthless.” Steve Jobs expands on this idea further: “There’s a tremendous amount of craftsmanship in between a great idea and a great product” A lot of people think that a really great idea is 90% of the work, but a great product idea will never turn out as originally conceived. You learn a lot from the details of building it and there are always tradeoffs you have to make. In this clip, Jobs tells the story of how a widowed man showed him a rock tumbler when he was little kid. He uses the rock tumbler and process of turning common stones into beautifully polished rocks as a metaphor for a team working really hard on something they're passionate about: "It's through the team--through a group of incredibly talented people--bumping up against each other, having arguments, having fights sometimes, making some noise, and working together... they polish each other and polish the ideas. And what comes out are these really beautiful stones." The key to building a great product is a great team, not a great idea.
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For those in Utah, come get some free Crumbl cookies today!
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Jay Bean retweeted
📈 In 2023, #ecommerce has climbed to 15.1% of US retail sales, up from 14.6% in 2022! Digital shopping is on the rise, but small compared to local! 🛒 #RetailTrends #DigitalTransformation #Localbusiness
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Jay Bean retweeted
Amex, Visa, and Mastercard understand the importance of smb's in the retail and restaurant industries. They recognize that these businesses are vital to a vibrant economy and they are committed to providing support and resources to help them succeed. #SMB #visa #amex #Mastercard
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Jay Bean retweeted
Web3 will become the norm in how businesses communicate and interact with their customers.
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Jay Bean retweeted
Did you know? Retaining a customer is five times cheaper than recruiting a new one. In tough economic times, this efficiency is a game-changer. #CustomerRetention #CostEffective
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Jay Bean retweeted
Loyal customers are the bedrock of a successful business. They're your lifeline in challenging times, and your catalyst in prosperous periods. Foster loyalty and let your business thrive. #CustomerLoyalty #BusinessGrowth
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Jay Bean retweeted
🇺🇸🇺🇸 Happy Independence Day! 🇺🇸🇺🇸
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