When institutions become powerful and entrenched, the logic of state interest begins to override the more fundamental interests of continuity. The qualities which brought the state into being may ultimately conflict with and upset its stability and end up suppressed. The militant hero culture of the old patrician families gave Rome its empire, but ... See more
With certain projects, we might pull up specific data or metrics to see if the data gives us any more insights, but it’s not the way we make decisions. We don’t do A/B tests. We validate ideas and assumptions that are driven by taste and opinions, rather than the other way around where tests drive decisions. There is no specific engagement or other... See more
Housing bubble? (If it wasn't a bubble though, why was there so much contagion etc)
I remember 2015 or so, Jeff Bezos came on stage and said that this sort of way of doing grocery shopping doesn't seem like it's the right solution. And the whole team was like, shit, Jeff Bezos saying this. But actually, in our model, the marketplace model was superior to our first-party fully integrated model for various reasons. And our first pri... See more
My notes from Hackers & Painters by Paul Graham:
The way to create something beautiful is often to make subtle tweaks to something that already exists, or to combine existing ideas in a slightly new way.
There are only two things you have to know about business: build something users love, and make more than you spend. If you get these two ri... See more
Girard believes that this concept permeates every aspect of society. “Enlightenment concepts of the individual persist all the way into existentialist thought,” he argues. In espousing equality between all men, the Enlightenment propagated the belief that the individual should not be subsumed to another. Indeed, the individual should not be subsume... See more