Matthew Giampetroni
@matthewgiampetroni
Venture Capitalist at Velvet Sea Ventures
Matthew Giampetroni
markets—these sublime machines that synthesize beliefs and aggregate them into prices—instantiate a secularized version of the sacred
Byrne Hobart • Manias and Mimesis: Applying René Girard’s Mimetic Theory to Financial Bubbles
There is a large random factor in the success of any company. So the guys you end up reading about in the papers are the ones who are very smart, totally dedicated, and win the lottery.
Paul Graham • How to Make Wealth
The bottom line for me is that forecasts can’t be right often enough to be worthwhile.
Howard Marks • Attention Required! | Cloudflare
A more suitable mindset is that capital is accessible but comes at a cost...
many executives act as if the cash that the business generates is essentially free. The right mindset is that all capital, whether from an internal or external source, has an opportunity cost.
Dan Callahan • Capital Allocation
People buying premium or even super-premium like to justify every dollar by a return on investment. Premium means pay more, get more in functional benefits. Luxury is elsewhere: it signals the capacity of the buyer to transcend needs, functions, or objective benefits.
Punch Card Investor • LVMH and the Luxury Strategy
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.eduLoose capital allows the less qualified to participate in each market.
Bill Gurley • On the Road to Recap: | Above the Crowd
Startups offer anyone a way to be in a situation with measurement and leverage.
Paul Graham • How to Make Wealth
Achieving profitability is the most liberating action a startup can accomplish.