Matthew Giampetroni
@matthewgiampetroni
Venture Capitalist at Velvet Sea Ventures
Matthew Giampetroni
“What is the right amount of capital (and the right number of people) to have in this business in order to support the strategy that will create the most wealth?”182 The answer is based on the future and does not rule out reducing net investment when appropriate.
Dan Callahan • Capital Allocation
Loose capital allows the less qualified to participate in each market.
Bill Gurley • On the Road to Recap: | Above the Crowd
When the dominant medium of an age shifts, the nature of power shifts with it.
Eugene Wei • Smoke and Mirrors — Remains of the Day
I think of as each of us having built up an intangible asset over the previous chapters of our lives, a distributed reservoir of credibility that is held in trust by your friends, mentors, and former colleagues. Your task is now to convert that intangible asset into a tangible asset
Graham Duncan Blog • Letter to a Friend Who May Start a New Investment Platform
A pseudosecret is a narrative about a next-order effect within your company its path towards world domination, and the future you believe in. It’s not the most obvious narrative, but is often the most important.
Michael Dempsey • Narratives & Pseudosecrets
The job of being a curator becomes more important as abundance and variety increase
Alex Danco • Positional Scarcity
It’s hard to factor in a large number of considerations and especially to understand how a large number of things will interact (correlation is always the real stumper).
Howard Marks • Attention Required! | Cloudflare
Most people are rather confident of their ability to recognize bullshit and to avoid being taken in by it
Harry Frankfurt • On Bullshit
markets cannot be perfectly efficient because there is a cost to gathering information and reflecting it in asset prices and therefore there must be a proportionate benefit in the form of excess returns