Matthew Giampetroni
@matthewgiampetroni
Matthew Giampetroni
@matthewgiampetroni
You can’t charge a premium price for giving people what they expect, and you won’t ever have break-out products that way—the kinds of products that people line up around the block for.
in a world with infinite information and opportunity, you don’t grow by knowing or doing more , you grow by the ability to correctly focus on less
as the bubble grows, it becomes an increasingly pure bet on a revolution
What are you compulsive about? Is it possible to put that at the center of the platform’s activity?
Every great burst of creativity or action is inseminated with the wiles of boredom
Bernard himself continuously expresses that ‘creating desire’ is the most important part of what they are doing at LVMH
As a founder, the most valuable optionality you have is the equity you haven’t sold, and the dilution you haven’t taken. But the second most valuable optionality you can have is a valuation that’s not too high.