Let's take a moment to compare the beginning and the end of our 336 year journey:... It's hard to ignore that they are shockingly similar. (see image in article of publication from 1700s and today)
From my POV some people innately have more conviction than others, sure, but most people don’t even try to build any of their own because they’re so used to blindly adopting the opinions of others
The second path is to create an idea, mechanism, feature, or whatever that is so novel and unique that it survives and eventually sifts down on the back of another product, even if the company that created it fails.
Entrepreneurs often describe building a company as a harrowing experience and doing this alongside a peer group serves as an emotionally powerful initiation for many founders, similar in some ways to the initiation and bonding rituals for groups ranging from college fraternities to military recruits. Graham has said that bringing cohorts of entrepr... See more
Whoever last touched the user gets the credit. This is part of what underwrites Google’s trillion-dollar market cap: the ability to claim that everyone who bought something via a Google search bought that thing because of Google.
In today’s idea machines, an ideology serves as the coordination mechanism for ideas – as foundations once did – making it easier for both sides to find each other. It attracts operators who resonate with its ethos and have ideas for how to bring it into fruition. On the other end, it also attracts (or is even initialized by) funders who want to br... See more