Matthew Giampetroni
@matthewgiampetroni
Venture Capitalist at Velvet Sea Ventures
Matthew Giampetroni
In the very early-stages of a company, especially during a fundraise, narratives rule everything and pseudosecrets are the dominant way to build a narrative.
Michael Dempsey • Narratives & Pseudosecrets
Every bubble begins with something real, which inspires entirely too much fakery
Byrne Hobart • Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles
The exceptional (sometimes criticized) margins at Louis Vuitton did not arise from excessively high prices, but from the removal of all costs and damages due to intermediaries. Louis Vuitton’s competitiveness
was therefore structural”
Punch Card Investor • LVMH and the Luxury Strategy
If you can't measure the value of the work done by individual employees, you can get close. You can measure the value of the work done by small groups.
Paul Graham • How to Make Wealth
On Bullshit
The document discusses the nature and prevalence of bullshit, distinguishing it from lying and exploring its connection to skepticism and the pursuit of personal sincerity.
www2.csudh.eduThe last round is not the permanent price, and being private does not mean you get a free pass on scrutiny.
Bill Gurley • On the Road to Recap: | Above the Crowd
Your primary objective should thus be to maintain the right filters for people and ideas so that the delicate ecosystem in your head is as resilient and flexible as possible
Graham Duncan Blog • Letter to a Friend Who May Start a New Investment Platform
To get rich you need to get yourself in a situation with two things, measurement and leverage. You need to be in a position where your performance can be measured, or there is no way to get paid more by doing more. And you have to have leverage, in the sense that the decisions you make have a big effect.