🚨NEW: Once again, Americans filed to start new businesses like never before last year.
The Census Bureau tallied nearly 1.7m applications to start new likely employer businesses in 2022 -- 28% more than before the pandemic.
https://eig.org/2022-business-formation/…
In this future, mainstream media no longer interprets scientific information. Instead, they draw directly from the source. In fact, all scientific communication and learning, including every textbook, lecture and online course draws from the same, original, primary artifacts accessible through the same interface. Expert scientists, lay readers and... See more
genius is about caring about something more than a reasonable person cares about anything; actualized genius is the product of obsessive patterns of thought, coupled with raw intellectual power, carried through a lifetime.
With an intake process that emphasizes past accomplishments and interviews rather than bureaucratic credentials, and with an ethos of taking chances on those who show promise rather than weeding out those who might fail, YC has been able to select charismatic and energetic candidates for its program. The three-month program serves as the foundation... See more
The modern Idea Machine better reflects how people self-organize today. They are decentralized, more closely intertwined with public dialogue, and work symbiotically with a community that anyone can join: many individual nodes operating in a loosely-organized network, instead of a monolithic organization.
We are an exceptional software development team. But, we now also need be an excellent customer development team. That’s why, in the first section of this doc, I said “build a customer base” rather than “gain market share”: the nature of the task is different, and we will work together to understand, anticipate and better serve the people who trust... See more
The federal regulation of foundations didn’t mean the death of idea machines, however. It just meant that that foundations were no longer the best place to house them. It’d be like if the government decided to heavily regulate Delaware C Corps: if it were bad enough, founders would stop using them for startups, but they’d eventually find some other... See more
If philanthropy is pluralistic – and, like any idea marketplace, that is one of its virtues – then there is no single school of thought that can “solve” complex social questions, because everyone has a different vision for the world. If you’re pro-pluralism in startups, you should also be pro-pluralism in philanthropy.
A genuine interest in something is a very powerful motivator — for some people, the most powerful motivator of all. [3] Which is why it's what Jessica and I look for in founders.