Building next gen Bus-Ops platforms by partnering with accounting and PE firms. https://teapawt.org/t.co/4IKQZnoJz7 / https://teapawt.org/t.co/3m9GPyOb5E
San Francisco
Joined September 2009
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Turgut Jabbarli retweeted
The Financial hit of Italy and Ireland not making a 🇺🇸 World Cup is in the billions.
Every Italian & Irish neighborhood, eatery and watering hole here would have been booming.
Turgut Jabbarli retweeted
The rise of the Generalist Automator.
Replit CEO Amjad Masad on why the most ambitious employees are no longer blocked by engineering:
"How can I upgrade my workforce for them to become generalist business people that can wield AI for the benefit of our customers and our bottom line?"
"The most ambitious people are creating billions of dollars of value of their company."
"There are people that are closest to the customer that feel that they have ideas that could make more revenue for the business, but they're often blocked by engineering."
"Now a lot of them are bringing in Replit to work. They're building that idea, and they're making the money for their company. And then they're getting promoted, and then given more power."
"I'm going to build a team of vibe coders that are going to go around the company and find all the inefficiencies and go solve them."
"So we have a new role of this generalist automator."
@amasad with @jackneel
Turgut Jabbarli retweeted
Is Traditional Software Engineering Dead?
“Does this mean that traditional software engineering is dead? Absolutely not. Software engineers—even the ones who are not necessarily tuning or training AI models—these are now among the most leveraged people on earth. Sure, the guys who are training and tuning models are even more leveraged because they’re building the tool set that software engineers are using.
But software engineers still have two massive advantages on you. First, they think in code, so they actually know what’s going on underneath. And all abstractions are leaky. So when you have a computer programming for you—when you have Claude Code or equivalent programming for you—it’s going to make mistakes.
It’s going to have bugs. It’s going to have suboptimal architecture. So it’s not going to be quite right. And someone who understands what’s going on underneath will be able to plug the leaks as they occur.
So if you want to build a well-architected application, if you want to be able to even specify a well-architected application, if you want to be able to make it run at high performance, if you want it to do its best, if you want to catch the bugs early, then you’re going to want to have a software engineering background.
The traditional software engineer is going to be able to use these tools much better. And there are still many kinds of problems in software engineering that are out of scope for these AI programs today. The easiest way to think about those is problems that are outside of their data distribution.
For example, if they need to do a binary sort or reverse a linked list, they’ve seen countless examples of that, so they’re extremely good at it. But when you start getting out of their domain—where you have to write very high-performance code, when you’re running on architectures that are novel or brand new, when you’re actually creating new things or solving new problems, then you still need to get in there and hand code it.
At least until either there are so many of those examples that new models can be trained on them, or until these models can sufficiently reason at even higher levels of abstraction and crack it on their own…
And remember: there is no demand for average. The average app—nobody wants it, at least as long as it’s not filling some niche that is filled by a superior app. The app that is better will win essentially a hundred percent of the market. Maybe there’s some small percentage that will bleed off to the second-best app because it does some little niche feature better than the main app, or it’s cheaper, or something of the sort.
But generally speaking, people only want the best of anything. So the bad news is there’s no point in being number two or number three—like in the famous Glengarry Glen Ross scene where Alec Baldwin says, “First place gets a Cadillac Eldorado, second place gets a set of steak knives, and third place you’re fired.”
That’s absolutely true in these winner-take-all markets. That’s the bad news: You have to be the best at something if you want to win.
However, the set of things you can be best at is infinite. You can always find some niche that is perfect for you, and you can be the best at that thing. This goes back to an old tweet of mine where I said, “Become the best in the world at what you do. Keep redefining what you do until this is true.”
And I think that still applies in this age of AI.”
Turgut Jabbarli retweeted
After blindly funding the Left for years, Silicon Valley is finally realizing what time it is. Dinner time. And they’re on the menu.
Turgut Jabbarli retweeted
Fast, lift, sprint, stretch, and meditate.
Build, sell, write, create, invest, and own.
Read, reflect, love, seek truth, and ignore society.
Make these habits. Say no to ETH else.
Avoid debt, jail, addiction, disgrace, shortcuts, and media.
Relax.
Victory is assured.
@naval
Turgut Jabbarli retweeted
Roughly 10% of active fundraising is happening right now through @boardyai.
Two weeks ago, we launched a program to help 100 founders raise their round before the end of the year. Since then, 5,000 founders raising $16B signed up, along with 600 investors managing over $1T in capital.
As a CEO, your job is to create demand for your shares. Doesn't matter if you're @elonmusk or if it's your first time - you'll take all the help you can get. Most founders only raise 2-3 times in their lives, and it can make or break the trajectory of your company.
But right now, investors are chasing the same 50-100 founders, while thousands of founders with incredible businesses and metrics go overlooked simply because they don't fit Silicon Valley's pattern.
Boardy's fixing this by connecting great founders with investors based on aligned thesis, stage and merit.
Thanks for having me @johncoogan, @jordihays, and the @tbpn team! This time next year, I expect that number to be 90%.
Turgut Jabbarli retweeted
Important chart. S&P 490 has had basically no earnings growth since 2022, despite rampant inflation. It’s just 10 companies doing really well, while the broader economy is in contraction in real terms.
Turgut Jabbarli retweeted
Something is clearly broken.
It’s time those of us who were able to live this out, figure out what to do to help the millions who aren’t anymore.
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Turgut Jabbarli retweeted
🚨 Canada’s VC collapse isn’t a blip — it’s systemic.
Q1 2025 data from CVCA shows:
➡️ Seed deals are at a pandemic-era low
➡️ Pre-seed dollars have cratered
➡️ Total deal count is at a 5-year low
➡️ Founders are stalling, or leaving the country to build
And yet... some still think we’re “back to normal.”
They’re wrong. And the people closest to the ground are calling it out:
🧠 Jordan Jocius: “We’re not planting enough seeds.” Founder formation is collapsing. Our startup base is eroding.
📉 @ruffoloj: “Let the data speak for itself.” Canada has a risk capital crisis, not a confidence one.
⚠️ @mattroberts: “It’s not a tech problem. It’s a VC problem.” Founders are building — it’s the capital side that’s seized up.
💡 Dan Wilson FCPA, FCA: “The time to tinker with AI is over.” C-suites need to scale AI with intent, not pilot projects. But how, without a financing engine?
🧱 And in one of the clearest calls to action, @buildcanada Innovation Mandate Letter puts it bluntly:
“We cannot build world-class firms without world-class capital behind them.”
buildcanada.com/en/memos/inn…
Canada doesn’t lack ideas. It lacks urgency, clarity, and coordination.
This is a policy problem, a capital formation problem, and an execution problem. But most of all — it’s a generational opportunity to reset, rebuild, and back the next great companies before the window closes.
#cdntech #venturecapital #AI #innovation #startups #BuildCanada #LucidVentures #founders #policy #earlystage #reset
Turgut Jabbarli retweeted
Neighbor poll is a very interesting twist on traditional polling
The Polls are WRONG and Pierre Poilievre is WINNING. Here's why:
Juno Polls pioneered the neighbour poll in this election. During our weekly poll, we began asking people who they thought their neighbour was voting for.
This accomplishes two things:
1. It picks up on enthusiasm -- what are your friends and family talking about, who has more lawn signs in your community, what are you seeing on social media?
You could personally be a Liberal voter, but aware of the CPC signs all over your neighbourhood, hearing stories of crime, young Canadians locked out of the housing market and people ready for a change.
2. It helps get around response bias. The legacy media established early on that the ballot box question was Trump Trump Trump. They told the Canadian public "elbows up" & that Carney was the man for the job. But many Canadians saw through this narrative and still wanted to vote based on Canadian issues like cost of living, crime, ending mass immigration, developing our natural resources, etc.
This created the "shy Tory" effect, where people leaning Conservative told pollsters what they wanted to hear: "I'm voting for Mark Carney" — which artificially boosted his poll numbers.
Our Juno Neighbour Poll consistently had Pierre Poilievre between 40% and 45%, with the Liberals between 33% and 38%. Our final Neighbour Poll had the CPC at 40% and the Libs at 38%.
Interestingly, one of Canada's most trusted pollsters -- David Coletto of Abacus Data -- followed our lead and conducted his own Neighbour Poll this week.
His results were even stronger for the Conservatives. He found the Conservatives with 44% to the Liberals 40%.
The polling models used by the big polling companies are obviously wrong. They over sample older Canadians and the laptop class — the ones more likely to pick up a call from an unknown caller or complete an online survey. They likewise under sample younger Canadians and working class voters — the ones too busy to waste their time with a pollster.
The demographics of this election show the Liberals leading among the 55+ crowd and with women — i.e. the same people overrepresented in the polls — while the Conservatives lead with blue collar workers and young Canadians.
That’s why I think our Neighbour Poll hit the nail on the head. It picked up on something the fancy pollsters missed — and now some like David Coletto are scrambling to capture in order to save face and hedge against a major embarrassment.
Anything can happen on Election Day, so this thing is far from over and certainly not in the bag for the Conservatives.
But I believe our polls were right all along, that Carney’s inflated poll numbers were always a mirage, and that Poilievre has the lead and the advantage heading into the final weekend.
Turgut Jabbarli retweeted
Mark Carney is a great candidate, the Liberal Party is lucky to have him. But after the platform release today, its clear the Party is still in control: it commits Canada to continued economic decline
Progress happens in zigs and zags- We tried this for 10 years, its time to zag
Turgut Jabbarli retweeted
I would almost certainly be dead if Canada had not become a place of refuge for me and my family. I love this country. For generations, Canada has been a place where you could come from anywhere in the world, work hard, and make a difference.
But the Canada that I love is on the verge of collapse. We are being divided. We are being told that our friends are all racists and bigots and that our ancestors and history are evil.
We are killing our small businesses, harming our future growth, and burdening future generations with an ungodly amount of debt that will for certain ensure that they will live a worse, less healthy, and more lonely life than our parents did.
Young Canadians can’t afford to buy homes and have kids. People go to sleep afraid of criminals. Gone are the days when we all used to leave our doors unlocked at night.
We have a choice to make. We can continue to watch our country decline or we can choose change. We can choose to build a future of hope.
I’m choosing hope. That’s why today, I voted for @PierrePoilievre.
If you are a young Canadian, I urge you to choose hope for your future. Elections matter. Let’s turn our country around.
Turgut Jabbarli retweeted
.@amasad suggests SaaS founders to go against Silicon Valley's dogma w/ "focus" and build Chinese style tech companies - go broad, build platforms not point solutions.
The SaaS market is getting brutally reshaped by AI. Every day Amjad sees people using Replit to replace $15k-100k software products.
Vertical SaaS companies are on death watch. If your product solves one specific problem, it's already possible to clone it with today's AI. Tomorrow's tools will make it even easier.
Horizontal platforms with strong ecosystems - think Rippling as your "system of record" or Salesforce with its massive developer network are more likely to survive. These aren't getting replaced by a weekend project.
He predicts that generative capabilities and larger pieces of software will become more important.
Turgut Jabbarli retweeted
I’m back in the zero to one stage (after running a multi-hundred million dollar co for 6yrs 😅) & remembering how fundamentally different this is.
When you have a team and customers and a working business — you get pulled.
You wake up with a million requests from people and can only work on the top 1-3 things for the company at a time. You’re always on and responding to the world. Momentum just exists and you have to intentionally carve out time to think. The challenge is selection.
When you don’t have a team or product or customers and are trying to create something from nothing, you have to push.
If you don’t create work, there is no work. No one is calling you or needing you. You have to create momentum where there is none. You could spend endless time thinking. You have to force yourself to do. The challenge is creation.
Both stages are fun, but there’s something ultra special about building from nothing.
Excited to be back in the trenches again. 🤩
Turgut Jabbarli retweeted
It used to be a flex to say how big your team was and how much venture capital you've raised.
Now, it's a flex to say how few employees you have and how little you've raised.
