King

demand for a product increases when the price of its complements decreases. In general, a company’s strategic interest is going to be to get the price of their complements as low as possible. The lowest theoretically sustainable price would be the “commodity price” — the price that arises when you have a bunch of competitors offering... See more

Opendoor took 15 years to have the right team.

Open Problems In Crypto by Balaji SrinivasanQuestions by Patrick CollisonRequests for Startups by YCombinatorOpen Questions by GwernWork on These Things by Tyler CowenProjects I Wish I had Time For by Luke MuehlhauserResearch Ideas by Alexey GuzeyIdeas by Sam Enright

A grant is an award, usually financial, given by one entity (typically a company, foundation, or government) to an individual or a company to facilitate a goal or incentivize performance

College is a NightClub. The value is calculated not by how many people entered but by how many couldn't enter