In November 2012, Mark Zuckerberg sent a cold email (below) to Snapchat CEO Evan Spiegel.
Not long after, Facebook offered to buy Snap for $3B. Spiegel turned it down and — today — Snap is worth $120B+.
LESSON: Never wait for them to come to you, get on the fucking plane
In November 2012, Mark Zuckerberg sent a cold email (below) to Snapchat CEO Evan Spiegel. Not long after, Facebook offered to buy Snap for $3B. Spiegel turned it down and — today — Snap is worth $120B+. LESSON: Never wait for them to come to you, get on the fucking plane
CONFIDENTIAL HIGHLY CONFIDENTIAL TREATMENT REQUESTED NOT FOR CIRCULATION/COMMITTEE MEMBERS AND STAFF ONLY
Mark Zuckerbergsriramk.comMost people never pick up the phone, most people never ask. And that’s what separates, sometimes, the people that do things from the people that just dream about them. You gotta act. And you gotta be willing to fail. —Steve Jobs
Noah Kagan • Million Dollar Weekend: The Surprisingly Simple Way to Launch a 7-Figure Business in 48 Hours
As Paul Graham said in his essay “Do Things That Don’t Scale”: A lot of would-be founders believe that startups either take off or don’t. You build something, make it available, and if you’ve made a better mousetrap, people beat a path to your door as promised. Or they don’t, in which case the market must not exist. Actually startups take off becau... See more
Gabriel Weinberg • Traction: How Any Startup Can Achieve Explosive Customer Growth
Q: Startups are tough. Is it worth it?
Dustin Moskovitz co-founded Facebook and Asana. In the clip below, he walks through the common motivators of founders and why starting a company usually isn’t the best way to achieve their goals.
Motivator #1: Financial Outcome
A lot of… Show more
When a big company makes an offer to acquire a successful startup, it almost always offers too much or too little: founders only sell when they have no more concrete visions for the company, in which case the acquirer probably overpaid; definite founders with robust plans don’t sell, which means the offer wasn’t high enough. When Yahoo! offered to
... See morePeter Thiel, Blake Masters • Zero to One
The memo continues to outline the conversation they had prior to the acquisition, the challenges they face to just be able to meet and negotiate as well as their differences when it came to pricing, how and where to share the photos, how to sync data (photos), how would Kevin Systrom fit into the organization, and the priorities for each of them fo... See more