On building of All Trades

By casting a wide net, I learned that I have very little ability to predict how useful a call will be in advance. There is relevance, when work is closely related to something you’re working on, and usefulness, when work advances something you’re working on. Relevance is easier to predict, but it’s not a very good proxy for usefulness, which is a... See more

Beliefs are more about belonging than they are about truth.

ON SMALL TEAMS

Impressive things accomplished by small teams:

• Instagram had 13 employees when they were acquired by Facebook for $1 billion. They had 30 millions users at the time.


• Mojang (the company behind Minecraft) had 37 employees when they were acquired by Microsoft for $2.5 billion. At that time, Mojang had revenue of about $290 million

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It means a transition from a knowledge economy to an allocation economy. You won’t be judged on how much you know, but instead on how well you can allocate and manage the resources to get work done.

Progress is not automatic or inevitable. It depends on choice and effort. It is up to us.

Progress is not automatically good. It must be steered. Progress always creates new problems, and they don’t get solved automatically. Solving them requires active focus and effort, and this is a part of progress, too.

When a company actually wants the opinions of those who work there, there are far more effective ways to have a productive conversation around the insights and desires that we each bring to the organization. Asynchronous and structured, these interactions are vital sources of connection and wisdom.

“Lots of folks have said to us, ‘You’re growing, you could grow faster if you hired more people.’ I think a lot of companies and investors overpitch growth at all costs, but sometimes that causes a ‘more people more problems’ issue .”

It should come as no surprise by now that Foster politely said, “Thanks, but no thanks,” to these well-meaning... See more

There’s lots of well-intentioned advice out there about the risks if a business takes off and there isn’t a solid foundation to stand on. But at the same time, it's no surprise that startup leaders see words like "optimizing headcount through capacity planning models" and file it away as unnecessary bureaucracy that’s more befitting of the “BigCo”... See more