how I’d build a startup
Bryce Roberts describing Soleio:
The "culture of Soleio” seems to contain a bunch of contradictions — care for craft with an obsession for speed. A clearly massive ambition coupled with a desire to be a “trim boat” that can be lean and focused.
This isn’t to say that proof of work is bad. In fact, coming up with a constraint that unlocks the creativity of so many people is exactly how Status as a Service businesses achieve product-market fit. Constraints force the type of compression that often begets artistic elegance, and forcing creatives to grapple with a constraint can foster the
... See moreRemains of the Day • Status as a Service
Give it to them. Give it to them forreal, not just the cosplay.
You’ll find there’s no playbook. It can’t be copied. It’s a lot harder. But you won’t feel gross.
Reggie James • Tweet
Chamath Palihapitiya: The #1 Secret to Becoming Rich
youtube.comSlow and steady against hard problems. Start my turning your social media apps off because that will give you a break. Slow compounding
Are you building a practice or a cathedral?
- Yancey Strickler
Peter enjoyed pointing out that while most things valuable are pretty hard to do, few truly difficult things are of much value at all (the many possible examples are obvious). Underwriting risk in millions of real-time financial transactions per day is a tricky, but very lucrative, business at scale -- PayPal is a valuable solution to real problems
... See morearchive.org • Some Lessons Learned
Every story that matters is one that creates tension in its time. This doesn’t mean you have to be controversial or employ shock value. On the contrary, it means you have to make a statement about the world and force people to choose a side.
The key point to understand about Bloomberg is that it’s both a software product and a social network. The software product determined who would join the network, but the network is what keeps users there. It’s like a multiplayer video game, or Harvard: Sure, the quests and campus are useful, but people keep showing up because of the friends
... See moreSubpixel Space • Come for the Network, Pay for the Tool
I let you do it this one time you'll do it again the contract with the customer which is very low prices must not be broken
Founders Podcast • #365 Nick Sleep's Letters: The Full Collection of the Nomad Investment Partnership Letters
Costco gets this incredible deal better deal than they normally get when they buy 2 million pairs of designer jeans they wind up getting them for $22 so $10 less than Costco has sold the jeans for in the past so they offer this huge markup you could essentially mark it up another 50% and you'd still be half the cost of most other retailers so one of Costco's buyers recommends taking a higher gross margin than usual more than the normal 14% markup since no one would know so he says that the Jim Sagle