DPI vs TVPI. Selling investment stakes to realize DPI
Market Selection in Vertical Integration
If you were to ask what sunk Convoy, it ultimately boils down to an over-dependence on the digital freight matching software they pioneered with a corresponding inattention to the operational parts of the brokerage that were really low margin. Technology isn’t a panacea for operational excellence. Every... See more
There is a well of potent energy inside of us all. This energy is tied to our creativity, is tied to our sexuality. It might in fact actually be those things. It is the power source — and the better we get about pursuing the outlets that connect us to our creativity, the more refined our deepest discharges become.
Having this vessel that you’re motivated to fill encourages being more observant and analytical in daily life too.
Dan Wang 2023 letter
“Seers” are people who you believe are living in the future around a given inflection. They might be entrepreneurs, researchers, academics, futurists, hobbyists, Angel investors, and the like. These are the people you want to spend time with.