Tren Griffin @trengriffin I work for Microsoft. Previously I was a partner at Eagle River, a private equity firm established by Craig McCaw. I am on the board of directors of Kymeta. Feb. 13, 2020 1 min read

1/ In the DJCO meeting today Charlie Munger talked about how much harder selling bespoke software solutions is than a software platform business. He reminded me of Brer Rabbit saying to Bret Fox: "Oh, you don't want to enter the court software automation business. It's too hard!"

2/ An analyst wrote about the opportunity Constellation is harvesting:

“Our analysis of software vendors indicate substantial fragmentation with approximately 38,000 VMS vendors spanning more than 12 vertical markets."

Hard to scale but can be sticky! 

3/ What's to like about a bespoke business like court automation software?

"Software contracts are better than first-lien debt. We get paid first. Software contracts are better than first-lien debt. [The client's system] can’t run without our software.” 

You can follow @trengriffin.


Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Threader is an independent project created by only two developers. The site gets 500,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Running this space is expensive and time consuming. If you find Threader useful, please consider supporting us to make it a sustainable project.