Fast · Patrick Collison

People do stupid things when they have a giant budget—they overdesign, they overthink. That inevitably leads to longer runways, longer schedules, and slower heartbeats. Much, much slower. Generally any brand-new product should never take longer than 18 months to ship—24 at the limit. The sweet spot is somewhere between 9 and 18 months. That applies... See more

3. If you want good cheap infrastructure, build up state capacity

America has a big problem building infrastructure. Our roads and trains cost much more per mile than other rich countries. There are a number of reasons why this is the case, including land-use regulation, NIMBYism, and broken government contracting processes. But one reason is simpl... See more

BW: Speaking of pace, how long do these collaborations take, from the first conversation to product launch?

EDV: I would say it’s two to two and a half years until release. Defining the products, where we come up with what we’re going to do, would take at least a year. We define how we’re going to collaborate artistically together, and then there’l... See more