long-term thinking
musings on long-term thinking in a shortsighted world. we overestimate what we can do in a year, underestimate what we can do in 10 kinda thing.
Juan Orbea and
long-term thinking
Kai Krause on how short-lived software is relative to other art forms:
You can hum a tune you once liked, years later. You can read words or look a painting from 300 years ago and still appreciate its truth and beauty today, as if brand new. Software, by that comparison, is more like Soufflé: enjoy it now, today, for... See more
A league with 30 intense competitors requires a culture of finding new, better ways to solve repeating problems. In the short term, investing in that sort of innovation often doesn’t look like much progress, if any. Abraham Lincoln said “give me six hours to chop down a tree and I will spend the first four sharpening the axe.”
SAM H INKIE 3 6 0 1 S O U T H B R O A D S T R E E T
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Our modern world seeks to focus us towards the short term and praises quarterly growth. But in the real world, away from high frequency ledger entries and global capital flows. It takes 100-120 years for an oak tree to grow from seed to full canopy height. It takes three human generations to grow a tree.
MuleSoft, acquired for $6.5B in 2018:
- Took 6 years to reach $10M revenue
- Revenue grew less than 100% every year except 1
- Burned $7M to go from $110M to $188M revenue
- Burned $4M to go from $188M to $297M revenue
Efficient growth is highly... See more
Chetan Puttaguntatwitter.comDoing Good: A Conversation with William MacAskill (Episode #228)
youtube.comDon’t get fooled by the insane outliers. It’s a long, slow road. But if you can stomach the wait, the embarrassment, and the frustration, you just might make it.
Nat Eliason • It's Still a Long Game
Long Journey Ventures - Early Stage Investing for the long-term.
longjourney.vc