The future is self-employed New businesses formed in the US 🚀 2019: 3.5 million 2020: 4.4 million 2021: 5.4 million 2022: 5.1 million Only about 1/3rd of the applications filed in 2021 are for businesses deemed likely to hire employees Majority are self employed Source:… Show more

Turns out no amount of fundraising, press, buzz, amazing employees, and/or cool tech guarantees you product market fit.

Q: Is it better to target a small market or a large one? In the clip below, Peter Thiel (billionaire venture capitalist and co-founder of PayPal and Palantir) describes his framework for evaluating markets: “It’s always a big mistake going after a giant market on day 1. That’s… Show more

Americans are back on their entrepreneurial grind, after a 40-year decline in entrepreneurship. New business applications by year: 2019 3.5 million 2020 4.3 million 2021 5.4 million 2022 5.1 million

Thiel fellowship should compete head on with Harvard. Backing up: Thiel Fellowship was started with the intent to show that you could get 20 kids a year to drop out of school and that they would be more successful as a result. It's clearly been a runaway success and the results… Show more

1/ Why AI is not going to replace programmers: When I was in college studying Computer Science in 2005, I was told that out-sourcing to India will remove the demand for programmers. It was a real fear! AI replacing coders, I think, it’s based on a similar misconception 🧵

fyi, this is my application to the OP grant. building bridges from the idealists to the skeptics is my place in this world. @Optimism is putting resources & funds in the hands of artists. applications are still open. you should apply here — https://welovetheart.optimism.io

A reproducible testing process is more valuable than any one idea. Innovate here first. All things equal, a team with more shots at bat will win against a team with an audacious vision.

I've been trying to create a "social network for makers" for the last 15 years with different approaches. I made what was basically WIP multiple times 10+ years ago, but it failed each time. The reason is, that a super early, super small community has different needs from a… Show more