John Lee Quigley (@bitcoinnomadic) header
John Lee Quigley (@bitcoinnomadic) profile picture

Bali-Based. DTC Ecom Focused.

📍 Bali
Joined July 2016
Photo by John Lee Quigley (@bitcoinnomadic)Photo by John Lee Quigley (@bitcoinnomadic)Photo by John Lee Quigley (@bitcoinnomadic)Photo by John Lee Quigley (@bitcoinnomadic)Photo by John Lee Quigley (@bitcoinnomadic)Photo by John Lee Quigley (@bitcoinnomadic)Photo by John Lee Quigley (@bitcoinnomadic)Photo by John Lee Quigley (@bitcoinnomadic)Photo by John Lee Quigley (@bitcoinnomadic)
John Lee Quigley retweeted
the only pmf left is pornography & casino
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John Lee Quigley retweeted
$1M -> $9M -> $60M+ I own the fastest growing activewear brand in the country and this is our exact strategy for growth. No BS or story telling this time, just sauce. TikTok Shop -> Trybe -> Meta Tiktok is our recruiter. We seed 300-400 samples / week and invite these creators into our tiktok discord. In our discord we offer weekly coaching calls to get our creators better at content and better at speaking about our products. Tiktok shop makes up 15-20% of our revenue, the rest of our website. We take the top creators from tiktok shop, the top 2% and onboard to Trybe. 3000+ creators on tiktok, only 60 or so on Trybe. Those 60 (more like the top 20 though) drive 80% of our businesses revenue. Tiktok is the outreach / recruitment platform. Trybe is where we turn our top creators into sales monsters. These 60 are all-in on our brand and make us 3000+ ads per month. All of which are insanely high quality. These top core creators are all whitelisted and get access to all of our best ads in real time via Trybe. Whenever one creator makes an ad that rips, the other 59 copy it and iterate, making it better. Trybe automates the payouts, tracking, analytics, etc so my main focus is simply on making them better salesmen and helping them make better content. My CAC has gone from $89 at $170k / month to $30 at $4M / month right now. We’ll be doing $10M+ / month by year end. Your number one priority should be helping your creators make more money. If you do, you’ll win. Good luck!
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John Lee Quigley retweeted
TLDR on @rewkang’s podcast w/ @APompliano FIGURE🦿 Andrew came across @Figure_robot deal in 2023 Had no experience investing in Robotics So asked VC friends for advice Most were skeptical and told him to pass VC robotics bets hadn’t produced many winners US🇺🇸 VS CHINA🇨🇳 Andrew evaluates robotics firms in 3 categories: 1. Manufacturing 2. Hardware design 3. AI capabilities China is the clear winner in manufacturing China is leading in hardware design too US only has Figure/Tesla China has 100s of diff specialized hardware designs US has an edge over AI capabilities AI capabilities are critical cause without brains Robots are useless Andrew thinks tech produced ≠ market cap BYD sells more cars than Tesla But BYD mcap is 10th of Tesla US robotics companies offer higher mcap potential HUMANOIDS VS SPECIALIZED ROBOTS 🤖 Andrew agrees specialized robots are more effective And their adoption will be earlier than humanoids Argues that humanoids can be mass produced cheaper The world is not static so flexibility will be valuable ROBOTICS TRAINING DATA 🕶️ World models have changed the game They are trained on internet video data Despite not as good as teleops/egocentric/sim They are still very valuable And there are loads of them online for free There is still need for egocentric data of specific tasks But the scale of data needed to be collected is Lower than expected compared to 9 months ago JOB DISPLACEMENT 👨‍🔧 Andrew thinks job displacement is real Cognitive jobs will be displaced by digital AI Physical jobs will be displaced by physical AI UBI is not optional but necessary ROBOSTRATEGY $BOT OpenAI and Anthropic went nuts in a few years If you had invested in top AI companies few years ago You would have outperformed the best seed funds Same vertical takeoff will happen for robotics Robostrategy is a publicly trading closed ended VC fund It is currently trading at a premium to NAV NAV premium allows them to raise more capital Via issuing more shares accretively to shareholders
Not enough people are talking about physical AI and robotics. I sat down with @rewkang, one of the best investors of the last decade, to discuss his massive bet on humanoids and robotics. He breaks down the industry, the addressable market, multiple leading companies, and why he launched a publicly-traded fund ($BOT) focused on investing in the top private robotics companies. YouTube: youtu.be/Q_UWD5aoJkc?si=_E7l… Apple: podcasts.apple.com/us/podcas… Spotify: open.spotify.com/episode/4L6… TIMESTAMPS: 0:00 - Intro 1:28 - Why Andrew shifted from crypto to humanoid robots 3:58 - How big is the total addressable market? 8:08 - Building conviction — the $19M bet on Figure AI 16:06 - US vs. China — who wins the robot race? 28:08 - General purpose vs. specialized robots 31:05 - Where does training data come from? 40:24 - Humanoid robots in your everyday life 43:27 - Can Tesla & Elon win the humanoid race? 46:19 - Job displacement & UBI 51:15 - RoboStrategy — the publicly traded venture fund 1:11:17 - What is exciting about Apptronik? 1:13:24 - Addressing the critics
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John Lee Quigley retweeted
Introducing Claude Opus 4.7, our most capable Opus model yet. It handles long-running tasks with more rigor, follows instructions more precisely, and verifies its own outputs before reporting back. You can hand off your hardest work with less supervision.
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John Lee Quigley retweeted
Here’s more detail on how I think the fuel protestors can be even more strategic and effective. During the fuel protest, it’s important to know the rich and powerful in Ireland can mostly work from home. They don’t need to be physically present in their offices. That’s not the case for a great many people. Shutting major roads is more of an inconvenience to workers like nurses and teachers who need to be physically present in classrooms, hospitals etc. The fuel protestors could be even more effective if they shut key roads in and out of places where the richest and most powerful largely live: D4 and D6, Dalkey, Killiney, and Howth; and then where those people mostly work, D2. With four tractors alone you could all but blockade Sandymount or Ranelagh, Shrewsbury Road or Kildare Street. On another front: Major multinational manufacturing plants and parks are dispersed across the country. They are therefore more easily accessible to fuel protestors. Blocking a small number of huge manufacturing sites would disrupt the profits of the most powerful lobby in the ear of the current government: American MNCs. Again, you just need to be strategic and target the very biggest ones. You could also be a bit French about things and spread slurry on key buildings around Dublin containing lobby groups or organisations most connected to the surge in fuel prices. These might include the American Chamber of Commerce (Wilton Place) and the American Embassy (Ballsbridge) - and of course Shannon Airport which is used for the attacks on Iran by the United States. By strategically targeting the richest and most powerful, who almost exclusively control the government, you are more likely to win more hearts and minds of nurses, teachers and everyone else in the country. You also need fewer tractors and trucks to pull it off. And finally by dispersing across the country, as opposed to largely concentrating in one area, it’s even harder for the government to stop it.
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John Lee Quigley retweeted
I spent the evening looking into quantum computing timelines as a non-expert in quantum computing. Here is what I’ve learned: We currently have machines with ~1,000–1,500 physical qubits at error rates around 10⁻³, and Google’s algorithm requires ~500,000 physical qubits operating coherently together with surface code error correction, yoked qubit storage, magic state cultivation producing ~500K T states per second, and reaction-limited execution at 10μs cycle times — none of which has been demonstrated beyond small-scale proof-of-concept experiments. Scaling from where we are to where this needs to be isn’t a matter of incremental improvement along a Moore’s Law curve; it requires solving qualitatively new engineering problems in qubit fabrication yield, correlated error suppression across a massive chip (or multi-chip interconnects that don’t exist yet), cryogenic wiring and control electronics for half a million qubits, real-time classical decoding at the required throughput, and sustained coherence of a “primed” quantum state across minutes of wall-clock time — any one of which could prove to be a multi-year bottleneck, and all of which must be solved simultaneously.​​​​​​​​​​​​​​​​ Given the above, I just don’t see how we’re going to get to a cryptographically relevant quantum computer by 2030, especially given that we need a ~350× increase in physical qubit count with simultaneously tighter error correlations, an entirely new cryogenic control and wiring architecture to address half a million qubits, real-time decoding infrastructure that doesn’t exist yet, magic state distillation factories operating at industrial throughput, and multi-minute coherent idle times for primed states — and historically, solving even one of these at scale has taken the field the better part of a decade.
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John Lee Quigley retweeted
This is the only public comment Satoshi ever made about quantum computing risk to Bitcoin Back in 2010 a user "llama" asked what would happen if signatures were compromised due to quantum computers and whether it would make BTC worthless "True, if it happened suddenly. If it happens gradually, we can still transition to something stronger. When you run the upgraded software for the first time, it would re-sign all your money with the new stronger algorithm." - satoshi
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7/ If they do step in, they may resolve the market "yes", resolve it as a 50/50, or cancel the market and issue a refund. There is a growing spotlight on this issue and a growing numbr of investors taking the "yes" side with odds increasing from 1% to 3% over the past 24 hours.
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0/ This $140 million prediction market may expose Polymarket as a platform which can be easily manipulated by whales. If this market doesn't resolve as "yes", the reputation of Polymarket may be ruined. Details 👇🧵
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Replying to @bigmagicdao
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John Lee Quigley retweeted
Ya’ll happy now?
#Bitcoin ETFs have resulted in more $BTC being controlled by mainstream financial institutions 👀 First graph: Number of BTC being held on exchanges. Second graph: Number of BTC being held in Blackrock cold storage.
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John Lee Quigley retweeted
Here's what you would never know about Connor McGregor's Structure before he got 'Famous' Breaking down some of the key pompons to this and how you can implement these principles for yourself:
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John Lee Quigley retweeted
After talking to John, I read Letters of stoic and it changed my perspective on life and I am really looking forward to reading these other books.
This quoted post is unavailable.
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John Lee Quigley retweeted
Most people don't get enough magnesium. Even with a good diet, it's hard to get enough magnesium because the soils in which food is grown are magnesium depleted. We deplete magnesium when we drink coffee, eat sugar, and experience stress. Supplement with magnesium daily.
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John Lee Quigley retweeted
An extremely important lesson from Peter Thiel:
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John Lee Quigley retweeted
Hit the gym daily, get sunlight, take risks, visit new places, sleep well, and work on the things you enjoy. Life is better when you're fully present, connecting with others, and pushing your comfort zone every day.
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John Lee Quigley retweeted
If only someone told me this before my 1st startup: 1. Validate idea first. I wasted at least 5 years building stuff nobody needed. 2. Kill your EGO. It's not about me, but the user. I must want what the user wants, not what I want. 3. Don't chaise investors, chase users, and then investors will be chasing you. 4. Never hire managers. Only hire doers until PMF. 5. Landing page is the least important thing in a startup. Pick an average template, edit texts and that's it. 90% of the users will end up on your site coming from a blog article, social media post, a recommendation. Which means they have the intent. No need to "convert" them again. 6. Hire only fullstack devs. There is nothing less productive in this world than a team of developers. One full stack dev building the whole product. That's it. 7. Chase global market from day 1. If the product and marketing are good, it will work on the global market too, if it's bad, it won't work on the local market too. So better go global from day 1, so that if it works, the upside is 100x bigger. 8. Do SEO from day 2. As early as you can. I ignored this for 14 years. It's my biggest regret. 9. Sell features, before building them. Ask existing users if they want this feature. I run DMs with 10-20 users every day, where I chat about all my ideas and features I wanna add. I clearly see what resonates with me most and only go build those. 10. Hire only people you would wanna hug. My mentor said this to me in 2015. And it was a big shift. I realized that if I don't wanna hug the person, it means I dislike them. Even if I can't say why, but that's the fact. Sooner or later, we would have a conflict and eventually break up. 11. Invest all money into your startups and friends. Not crypt0, not stockmarket, not properties. I did some math, if I kept investing all my money into all my friends’ startups, that would be about 70 investments. 3 of them turned into unicorns eventually. Even 1 would have made the bank. Since 2022, I have invested all my money into my products, friends, and network. 12. Post on Twitter daily. I started posting here in March this year. It's my primary source of new connections and traffic. 13. Don't work/partner with corporates. Corporations always seem like an amazing opportunity. They're big and rich, they promise huge stuff, millions of users, etc. But every single time none of this happens. Because you talk to a regular employees there. They waste your time, destroy focus, shift priorities, and eventually bring in no users/money. 14. Don't get ever distracted by hype, e.g. crypt0. I lost 1.5 years of my life this way. I met the worst people along the way. Fricks, scammers, thieves. Some of my close friends turned into thieves along the way, just because it was so common in that space. I wish this didn't happen to me. 15. Don't build consumer apps. Only b2b. Consumer apps are so hard, like a lottery. It's just 0.00001% who make it big. The rest don't. Even if I got many users, then there is a monetization challenge. I've spent 4 years in consumer apps and regret it. 16. Don't hold on bad project for too long, max 1 year. Some projects just don't work. In most cases, it's either the idea that's so wrong that you can't even pivot it or it's a team that is good one by one but can't make it as a team. Don't drag this out for years. 17. Tech conferences are a waste of time. They cost money, take energy, and time and you never really meet anyone there. Most people there are the "good" employees of corporations who were sent there as a perk for being loyal to the corporation. Very few fellow makers. 18. Scrum is a Scam. If I had a team that had to be nagged every morning with questions as if they were children in kindergarten, then things would eventually fail. The only good stuff I managed to do happened with people who were grownups and could manage their stuff. We would just do everything over chat as a sync on goals and plans. 19. Outsource nothing at all until PMF. In a startup, almost everything needs to be done in a slightly different way, more creative, and more integrated into the vision. When outsourcing, the external members get no love and no case for the product. It's just yet another assignment in their boring job. 20. Bootstrap. I spent way too much time raising money. I raised more than 10 times, preseed, seed, and series A. But each time it was a 3-9 month project, meetings every week, and lots of destruction. I could afford to bootstrap, but I still went the VC-funded way, I don't know why. To be honest, I didn't know bootstrapping was a thing I could do or anyone does. That's it. All my projects → x.com/johnrushx/bio
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John Lee Quigley retweeted
If I could tell anything to my younger self, it’d be to spend less time worrying about “finding your passion” — which led to this perilous and benighted journey through the "self-improvement world" — and focus on what you’re doing right now. Stop speculating so much. Stop thinking so much about the future. Be more present. Be more mindful. The present is where the passion is. Instead of focusing on a specific activity that is “your passion”, try to find activities that are in line with your values. Find things that bring out the best in you. Provide value by being the best (and most valuable version of yourself). For me, my passion for Jiu-Jitsu and writing started not because I love wrestling people and making sentences, but simply because I enjoy learning things. I enjoy building skills. I enjoy working with people (Jiu-Jitsu) and I enjoy thinking about the world (writing). Don't blindly "follow your passion", but live a passionate life.
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John Lee Quigley retweeted
Sleep is more important than your diet and exercise. If you sleep more, you will be brighter, make higher-quality decisions and achieve better business results. Those who don’t respect sleep sell themselves short in every area of their lives.
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John Lee Quigley retweeted
Consistency work creates good luck.
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