the biggest surprise is that the most enduring companies are not mega companies. most of them have under 300 employees.
I also think a lot about the old, iconic structures around the world that have stood the test of time and, in many cases, where we aren’t quite sure of all the details of how they were constructed. Marvels like the Colosseum, Roman aqueducts, or the Great Wall. Incredible architectural feats that were, by necessity, built to last and built slowly –... See more
It took 4.5 years and ~$1bn raised for OpenAI to launch GPT-3, which was their first PMF product.
That breaks every “rule” in the startup world, around mvp and being capital light pre-pmf.
Goes to show you that you have to define your own rules to get outsized success.
The short-term crowd is always too distracted to notice the long-term crowd slowly compounding.
An investor obsessing over daily economic data misses the big picture. A teenager chasing fleeting popularity neglects to develop genuine interests and skills. A co-worker stops paying attention to the details to chase attention. All chase false stimuli a... See more