hypothesis:
1. work feels bad (unmotivating, boring, hard) when we lack of focus
2. focus is upstream of energy, flow, fulfillment, progress, feedback loops
what's upstream of focus?
attention (presence) paired w/ agency (when our abilities and beliefs match our context) Show more
Consider vacuum tubes. It was obvious to nobody that they would enable the first computers. This only became clear after vacuum tubes and associated computing discoveries had been made, so that someone could make the connection. If you had set out to build a computer in the 1800s (as Charles Babbage did), it’s unlikely that you would have drawn thi... See more
the problem is with the interface of scientific literature. We cannot expect the wider population to be scientifically literate if they are not given the capability of understanding the artifacts we use to communicate about new scientific developments.
You and your ragtag team of engineers likely won’t be able to create something that is competitive with any big incumbent product.
However, you can build features, seed content, and brand it in a way that is so obnoxiously relevant for a particular group of people that their… Show more
Correct attribution in Web3 isn’t some horrible intrusion of skeumorphic Web 2 machinery, it’s a way to correctly credit a digital asset (and ultimately its owner) with the revenue they produced, in whatever downstream form. It’s the causal link that joins a human interacting with virtual goods and the very real revenue they eventually generate.
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
This is never how it actually happens, but you get the idea. Startups should receive risk capital to literally derisk certain aspects of the business.
However, over the last decade or so, something shifted. Traditional venture funds that specialized in early-stage risk started to add buckets of “growth equity” that were supposed to be utilized for ... See more
4.4M businesses were started in the US last year - that’s up 24% from the year before and the biggest increase on record by far.
The future of entrepreneurship is bright.