A downturn is the perfect time to start a startup
May 23, 2022
–Ravi Parikh
Tech is going through a steep market correction right now. Companies are doing
layoffs. Y Combinator published a letter to their founders telling them how to
prepare for tough times ahead
[https://twitter.com/refsrc/status/1527238287471292417].
Counterintuitively, this is a great time to start a new company–even better than
in 2021 when tech was red-hot. I have friends who were considering starting a
company this year, but are now feeling a bit skittish. This is the exact
opposite of how you s
Changelog 8/12/22: Notification Inbox, universal search, and faster task execution
Since our last changelog, we've rolled out universal search, added notifications to the Inbox, and rolled out faster task execution. Read more
How to evaluate startup offers in a downturn
May 18, 2022–Ravi ParikhIt feels like a precarious time to join a tech startup. In the last few months, public market valuations of companies have come way down. The Bessemer cloud index [https://cloudindex.bvp.com/], which tracks average public SaaS company prices, shows that the total market cap of SaaS companies has been cut by more than half in the last few months. This has been going on for a few months, but in the last few weeks, reality seems to have hit startups all at once–the funding market has basically drieDon't accidentally mislead yourself with graphs
May 10, 2022–Ravi ParikhRecently, I was looking at this graph of the number of weekly active users using Airplane [https://www.airplane.dev/] each week over the last few months of 2021: Y-axis omitted intentionallyTo me, it looks like boring, linear growth. We're adding roughly the same amount of new active users each week. But this was really surprising to me. I knew for a fact that we had a big inflection point in growth towards the end of September when a blog post of ours [https://blog.airplane.dev/i-started-a-saAirplane has completed our SOC 2 Type II audit
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Mar 18, 2022–Madhura KumarAirplane was built to help companies operate safely and securely. In this post you'll find a list of product features that support security as well as a list of security-focused use cases.Airplane for healthcare: PHI and data protection, scheduled operations, interfacing with third parties, and more
Jan 13, 2022–Madhura KumarOne of the primary challenges that B2B healthcare, consumer health, and biotech companies face when it comes to finding third-party software solutions is that they don't comply with the level of sensitivity necessary to be able to use the software. This includes: * Measures to control and lock down PHI (Protected Health Information) and PII (Personally Identifiable Information) * Regular and rigorous audit logs that are easily accessible * The ability to manage permission groups at the moWhy does every startup incorporate with 10,000,000 shares?
Jan 12, 2022–Ravi ParikhEvery tech startup in the US incorporates as a Delaware C Corp with 10,000,000 shares of Common Stock at the date of founding. This is remarkably consistent–if you go through an accelerator like Y Combinator or Techstars, if you use the default options with Stripe Atlas or Clerky, or if you ask a tech law firm for advice, they'll all point you in the same direction. Incorporating in Delaware and as a C Corp are pretty well understood and well explained on the internet, but why 10 million sharesAirplane raises $8.5M in Series A funding led by Benchmark
Dec 9, 2021–Ravi ParikhToday, we're announcing our Series A and the public launch of Airplane runbooks—a developer platform for automating internal workflows.Startup defensibility: how to build a technical moat for your product
Nov 8, 2021–Dan RobinsonI often get questions from founders about how they should think about the “technical moat” of what they’re building, or from potential employees about our technical moat at Heap. If you have a successful product, what’s to stop someone else from building it? Technical moats exist, but they rarely take the form people expect them to take. People often look for an answer to that question in the form of a monolithic, singular technology, like a single algorithm, or a particular piece of code noboAirplane for fintech: sensitive workflows, data protection, fraud investigation, and more
Nov 5, 2021–Madhura KumarBuilding a product that interacts with financial systems and institutions tends to require a number of manual operational workflows. As a result, fintech and insurtech companies invest a significant amount of engineering effort into building internal workflows and processes for support, ops, risk, compliance, and other teams. This is why these companies often dedicate some percentage of their headcount to developing internal tools. One challenge is building internal tools while accounting for sAirplane for SaaS: admin panels, customer onboarding, feature flags, and more
Oct 28, 2021–Madhura KumarAirplane enables engineers at SaaS companies to focus on doing the thing they do best: building a great product. With Airplane, you can move quickly by transforming code into enterprise-grade internal apps in minutes that can be used by anyone on your team. Why SaaS companies choose Airplane SaaS companies are able to grow more quickly when developers can fully focus on building the company's core offering. Airplane enables this by: * Enabling non-engineers to safely run operations that were
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