Two years ago, we launched Bismarck Brief.
Since then, our analysts have written half a million words on the state of technology, the U.S. government, Chinese industry, and the world.
Here are the 9 most important things we learned about how the world works in 2023.
đ§ľTHREAD: https://t.co/fJWSLRiaUf
Two years ago, we launched Bismarck Brief. Since then, our analysts have written half a million words on the state of technology, the U.S. government, Chinese industry, and the world. Here are the 9 most important things we learned about how the world works in 2023. đ§ľTHREAD: https://t.co/fJWSLRiaUf    
A decade ago, I was only a couple of years into my venture career. I believed that growth and progress were synonymous â in an industry where scale was the ultimate target, platforms that achieved it were glorified. A decade later, I have learned that success is more nuanced, and we have to take accountability for the outcomes we encourage. New dom... See more
Mario Gabriele ⢠Modern Meditations: Rebecca Kaden (Union Square Ventures)
phoebe and added
One result of this past tech cycle was a view that companies needed to build hyper complex ponzi schemes of ambition in order to accumulate capital and be valued. This led to a variety of shooting stars that never realized their main goal.
Another view was an insane amount of value ascribed to hyper-narrow features masquerading as companies, leading... See more
Another view was an insane amount of value ascribed to hyper-narrow features masquerading as companies, leading... See more
Michael Dempsey ⢠On Scope Creep & ZIRP Lessons
alex added
expand the product, not the mission
Techno-Industrials are addressing larger markets than most software companies can.
They use whichever tools they need to provide better solutions to key bottlenecks with better unit economics than incumbents.
They are more capital efficient than most investors expect.
And they have to be more strategically sound than the average software company.
B... See more
They use whichever tools they need to provide better solutions to key bottlenecks with better unit economics than incumbents.
They are more capital efficient than most investors expect.
And they have to be more strategically sound than the average software company.
B... See more
Better Tools, Bigger Companies
Devin Baker and added
Technology is changing one of the most powerful forces in shaping society: ambition. What the most ambitious people choose to do with their lives has a profound impact on society, the economy and culture. Itâs changing, fast.First, that digital technology is the most recent in a series of âtechnologies of ambitionâ that have enabled ambitious peopl... See more
Medium ⢠Technology entrepreneurship and the disruption of ambition
Tom White added
"Todayâs âbest practicesâ lead to dead ends; the best paths are new and untried."
Peter Thiel ⢠Zero to One: Notes on Startups, or How to Build the Future
sari and added
Back then, technical prowess meant market dominance. Y Combinator, the spiritual center of Silicon Valley,1 crowned technical founders as the chosen ones. Those who could manifest and master software were seen as gods. Venture capitalists funded those who could scale that code to massive heights. After all, software alone could transform giant, leg... See more