All posts filed under: Tumblr

An old Tumblr, just for fun.

Finite emotional energy

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My advice to entrepreneurs beyond the obvious (be in the right macro, hire great people, operate with purpose) is to – 1) Optimize for building institutional knowledge – get as many iterations as you can to give you insight into how to win long term 2) Pivot ahead of when you need to – pivoting early is leadership, pivoting late is desperation 3) Fully commit – you won’t / can’t win if you’re hedging. You […]

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A fantastic TEDx Talk from my colleague Jens Peter de Pedro, about why we must go beyond pink and blue. (via Jens Peter de Pedro) (Source: https://www.youtube.com/)

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“Obviously you don’t make money if you are wrong, but most people don’t realize you don’t make money if you are right and consensus because the opportunity is too obvious and all the returns get arbitraged away. The only way to generate outstanding returns is to be right and non-consensus. That’s hard to do because you only know you’re non-consensus when you make the investment. You don’t know if you’re right.” (via Demystifying Venture Capital […]

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“Obviously you don’t make money if you are wrong, but most people don’t realize you don’t make money if you are right and consensus because the opportunity is too obvious and all the returns get arbitraged away. The only way to generate outstanding returns is to be right and non-consensus. That’s hard to do because you only know you’re non-consensus when you make the investment. You don’t know if you’re right.” (via Demystifying Venture Capital […]