Gaia Soykok

Where should PM roles sit? Could be a GM or reporting CPO to CEO structure. Once you are 4 or 5 PM, there has to be a product lead to set the culture.

Gokul thinks if you want to hire best-of-class PMs, go to best-of-class companies and hire from them rather than a person.

the context of capital markets for R&D, information asymmetry between entrepreneurs and investors creates market failures (e.g. credit rationing) that call for efficient contractual arrangements to mitigate its negative effects.

strategic disclosure of private information is likely to mitigate the effects of information asymmetries 

It is ok if your grandmother does not understand it. Does your buyer understand? Unless you are building for grandma, useless.

"Once one agent learns how to become more competitive by sacrificing a common value, all its competitors must also sacrifice that value or be outcompeted and replaced by the less scrupulous. Therefore, the system is likely to end up with everyone once again equally competitive, but the sacrificed value is gone forever. "

play-to-win - how to strategy really works - book recommendation

This essay was written 14 years ago, but the concepts presented are just as relevant today as they were then and are particularly important as we try to figure out what to do with all the very intractable conflicts that are facing us