Business Building

Birkenstock IPO’d today at a ~$8B valuation. Its CEO Oliver Reichert did a massive turnaround in the past decade: sales 5x’d from $125m in 2012 to $1.3B in 2022. The wildest part: he has zero background in footwear or fashion. Prior to taking over the top job... See more

Quickly, though, I cared quite a bit—about the mission, my coworkers, the writers we worked with. First of all, I couldn’t fake liking the people. And while work-life balance would’ve been pleasant, you have to get in the pressure cooker if you want to grow. Let a place shape you, at least sip the kool-aid. My generation is well-practiced in the... See more

Companies That Have Successfully Implemented Out-of-the-Box Thinking, via Rory Sutherland:

• Octopus Energy

  • They have a software division called Kraken

  • They manage utilities in a much more sophisticated pricing environment, like cheaper rates for charging cars after midnight

  • “It’s very much about marrying supply and demand.” – Rory Sutherland

  • They have a

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“At both Viaweb and YC, every minute I spent thinking about competitors was, in retrospect, a minute wasted... It's exceptionally rare for startups to be killed by competitors — so rare that you can almost discount the possibility... Inexperienced founders usually give competitors more credit than they deserve. Whether you succeed depends far more

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