logo
episode-header-image
Jul 3
1h 28m

I’ve run 75+ businesses. Here’s why you’...

Lenny Rachitsky
About this episode

Andrew Wilkinson is the co‑founder of Tiny, a holding company that quietly owns more than three dozen profitable internet and consumer brands, including Dribbble and the AeroPress coffee maker. Starting as a teenage barista and web designer, he’s created a portfolio approaching $300 million in yearly sales (and he was personally worth over $1 billion at one point)—all without ever raising venture capital.

In this conversation, you’ll learn:

1. The “fish where the fish are” framework for spotting high‑margin niches no one else notices

2. The exact agent stack (Lindy, Replit, Limitless, and more) that supercharges Andrew’s day-to-day productivity (and has replaced his assistant)

3. How Andrew evaluates companies in less than 15 minutes using Buffett‑style moats and “lazy leadership”

4. Telltale signs you should shut down (or never start) that startup idea

5. His journey from crippling anxiety to clarity through SSRIs and ADHD medication

6. His prediction that most knowledge work will be automated—and the skills to teach your kids now

Brought to you by:

Sauce—Turn customer pain into product revenue

Enterpret—Transform customer feedback into product growth

Miro—A collaborative visual platform where your best work comes to life

Where to find Andrew Wilkinson:

• X: https://x.com/awilkinson

• LinkedIn: https://www.linkedin.com/in/awilkinson/

Where to find Lenny:

• Newsletter: https://www.lennysnewsletter.com

• X: https://twitter.com/lennysan

• LinkedIn: https://www.linkedin.com/in/lennyrachitsky/

In this episode, we cover:

(00:00) Introduction to Andrew Wilkinson

(04:07) Finding the right business idea

(07:18) Avoiding common business pitfalls

(11:58) Finding your unfair advantage

(17:08) Fish where the fish are

(20:08) Why boring is good

(25:30) Bootstrapping vs. venture capital

(31:20) Lessons from acquiring and managing businesses

(36:47) Avoiding people problems

(42:39) Leveraging AI in business and life

(49:30) The Limitless device

(53:13) Job displacement and AI’s future impact

(58:20) Advice for new grads

(01:02:50) Parenting in the age of AI

(01:05:26) The pursuit of happiness beyond wealth

(01:10:10) Mental health and medication

(01:16:45) Lightning round and final thoughts

Referenced:

• Andrew’s post on X with the Charlie Munger quote: https://x.com/awilkinson/status/1265653805443506182

• Metalab: https://www.metalab.com/

• Letterboxd: https://letterboxd.com/

• AeroPress: https://aeropress.com/

• Brian Armstrong on X: https://x.com/brian_armstrong

• Warren Buffett’s quote: https://quotefancy.com/quote/931119/Warren-Buffett-I-am-a-better-investor-because-I-am-a-businessman-and-a-better-businessman

• Flow: https://www.getflow.com/

• Instacart: https://www.instacart.com/

• Things: https://culturedcode.com/things/

• Dustin Moskovitz on LinkedIn: https://www.linkedin.com/in/dmoskov/

• Salesforce: https://www.salesforce.com/

• Serato: https://serato.com/

• Chris Sparling on X: https://x.com/_sparling_

• Lindy: https://www.lindy.ai/

• Replit: https://replit.com/

• Behind the product: Replit | Amjad Masad (co-founder and CEO): https://www.lennysnewsletter.com/p/behind-the-product-replit-amjad-masad

• David Ogilvy: https://en.wikipedia.org/wiki/David_Ogilvy_(businessman)

• Malcolm Gladwell’s website: https://www.gladwellbooks.com/

• Inside Bolt: From near-death to ~$40m ARR in 5 months—one of the fastest-growing products in history | Eric Simons (founder and CEO of StackBlitz): https://www.lennysnewsletter.com/p/inside-bolt-eric-simons

• Building Lovable: $10M ARR in 60 days with 15 people | Anton Osika (CEO and co-founder): https://www.lennysnewsletter.com/p/building-lovable-anton-osika

• Limitless: https://www.limitless.ai/

• Perplexity: https://www.perplexity.ai/

• Claude: https://claude.ai/

• ChatGPT: https://chatgpt.com/

• Gemini: https://gemini.google.com/app

• William Gibson’s quote: https://www.goodreads.com/quotes/681-the-future-is-already-here-it-s-just-not-evenly

• Palm Treo: https://en.wikipedia.org/wiki/Palm_Treo

• Sam Altman on X: https://x.com/sama

• Dario Amodei on X: https://x.com/darioamodei

• Anthropic’s CPO on what comes next | Mike Krieger (co-founder of Instagram): https://www.lennysnewsletter.com/p/anthropics-cpo-heres-what-comes-next

Challengers on AppleTV+: https://tv.apple.com/us/movie/challengers/umc.cmc.53cuz33n4e74ixj8whccj87oc

• Matic vacuum: https://maticrobots.com/

• Jerzy Gregorek’s quote: https://www.goodreads.com/quotes/8652595-hard-choices-easy-life-easy-choices-hard-life

• Tiny: https://www.tiny.com/

• Dribbble: https://dribbble.com/

Recommended books:

The Laws of Human Nature: https://www.amazon.com/Laws-Human-Nature-Robert-Greene/dp/0525428143

How to Get Rich: One of the World’s Greatest Entrepreneurs Shares His Secrets: https://www.amazon.com/How-Get-Rich-Greatest-Entrepreneurs/dp/1591842719

Production and marketing by https://penname.co/. For inquiries about sponsoring the podcast, email podcast@lennyrachitsky.com.

Lenny may be an investor in the companies discussed.



This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.lennysnewsletter.com/subscribe
Up next
Jul 6
Solo founder, $80M exit, 6 months: The Base44 bootstrapped startup success story | Maor Shlomo
Maor Shlomo is the founder of Base44, an AI-powered app builder that he bootstrapped to an over $80 million acquisition by Wix in just six months. As a solo founder (with severe ADHD), he hit $1 million ARR just three weeks after launch and grew the product to more than 400,000 u ... Show More
1h 31m
Jun 29
Naming expert shares the process behind creating billion-dollar brand names like Azure, Vercel, Windsurf, Sonos, Blackberry, and Impossible Burger | David Placek (Lexicon Branding)
David Placek is the founder of Lexicon Branding, a company that focuses exclusively on the development of brand names for competitive advantage. Lexicon is behind iconic names such as Sonos, Microsoft’s Azure, Windsurf, Vercel, Impossible Foods, BlackBerry, Intel’s Pentium, Apple ... Show More
1h 22m
Jun 22
From ChatGPT to Instagram to Uber: The quiet architect behind the world’s most popular products | Peter Deng
Peter Deng has led product teams at OpenAI, Instagram, Uber, Facebook, Airtable, and Oculus and helped build products used by billions—including Facebook’s News Feed, the standalone Messenger app, Instagram filters, Uber Reserve, ChatGPT, and more. Currently he’s investing in ear ... Show More
1h 55m
Recommended Episodes
Sep 2024
Building Business on LinkedIn: Colin Hirdman’s Blueprint for Growth
What are some practical ways entrepreneurs to authentically use Linkedin for business growth? Colin Hirdman is an expert on growth marketing who has started numerous companies, and now focuses on helping people succeed on LinkedIn.  Join Scott and Colin as they explore:  * Colin ... Show More
58m 4s
Mar 2025
Snapchat CEO: Exact Formula Used To Build A $130 Billion Company! I Said No To $3 Billion From Mark Zuckerberg! It’s Time To Quit Your Job When You Feel This!
From turning down $3 billion from Facebook to building a $100 billion empire, Evan Spiegel reveals the blueprint behind Snapchat. Evan Spiegel, co-founder & CEO of Snapchat (now Snap Inc.), founded the app while at Stanford and became the youngest billionaire at 25. In this conve ... Show More
2h 29m
Sep 2024
Groupon and Descript: Andrew Mason
Andrew Mason was a 27-year-old with a degree in music when he co-founded one of the fastest growing companies of all time: Groupon. Its deep discounts on everything from sushi rolls to plastic surgery soon became a ubiquitous part of life in cities across the world. In 2011, just ... Show More
1h 11m
Jan 2025
#790: Chris Sacca — How to Succeed by Living on Your Own Terms and Getting Into Good Trouble
Chris Sacca is the co-founder of Lowercarbon Capital and manages a portfolio of countless startups in energy, industrial materials, and carbon removal. If it's unf**king the planet, he's probably working on it. Previously, Chris founded Lowercase Capital, one of history's most su ... Show More
3h 5m
Jul 2024
Top 5 VC funds raise big $, venture capital DPI is back, and Sequoia’s offer to LP’s | E1981
This Week in Startups is brought to you by… OpenPhone. Create business phone numbers for you and your team that work through an app on your smartphone or desktop. TWiST listeners can get an extra 20% off any plan for your first 6 months at https://www.openphone.com/twist Assembly ... Show More
1h 1m
May 30
How to build a $1M+ startup using AI (Full Tutorial)
For the full experience, watch this episode on YouTube: https://www.youtube.com/watch?v=d0j_n3OOM7c Episode 712: Sam Parr ( https://x.com/theSamParr ) talks to Greg Isenberg ( https://x.com/gregisenberg ) talk about how to find a startup idea and build it in a couple hours using ... Show More
58m 46s
Aug 2024
#200 Brian Halligan: Building HubSpot into a Multi-Billion Dollar Company
From Cambridge startup to NYSE heavyweight, HubSpot co-founder Brian Halligan reveals the sophisticated frameworks behind scaling a $30B enterprise. Now a Sequoia Capital Senior Advisor, Halligan shares rare insights into the nuanced decisions that separate exceptional companies ... Show More
1h 4m
Jan 2025
Mike Maples on 100-Baggers, David Swensen & the AI Revolution | #568
Today’s guest is Mike Maples Jr. a partner at Floodgate, a pre-seed and seed-stage venture capital firm that’s invested in companies like Twitter, Lyft, Twitch, Okta. He’s also the author of Pattern Breakers: Why Some Start-Ups Change the Future. In today’s episode, Mike shares h ... Show More
1h 11m
May 28
How I built a $3B AI Startup + 7 AI Business Ideas
Episode 711: Shaan Puri ( https://x.com/ShaanVP ) talks to Guillermo Rauch ( https://x.com/rauchg ) about building Vercel plus 7 business ideas to start in AI. — Show Notes: (0:00) Dropout to job offer from Facebook (3:38) Genius vs accident (21:04) Building Vercel (25:26) AI sta ... Show More
1h 17m
Jul 1
How Gusto built a $9.5 billion company by identifying a burning problem
Tomer London is the co-founder and Chief Product Officer at Gusto, the payroll and people platform used by over 400,000 businesses. He grew up helping run his dad’s clothing store in Israel — an experience that sparked his mission to build better tools for small business owners. ... Show More
55m 1s