Peter Hagen

Constraints limit where you can apply your attention. With limitless time, money, and resources, your attention bleeds off in all sorts of directions, following costly hallways where you find nothing interesting. Even more likely, a lack of limits paralyzes your decision making while you try to assess the 100 possible paths. You're better off... See more

The key to spice trade is TINA - There is no alternative - in financial terms. The largest form of investment in Middle Ages had been farmland with average ROI of c.a. 7-8 percent but no guarantee (wars, diseases, crop failure). The ROI of spice trade was 200-300 percent over similar period.

So if you wanted double you capital it was either spice... See more

Lots of people talk about getting stuck in “tutorial hell” — watching endless courses and tutorials while being unable to actually apply what they learned. I was able to avoid this by jumping right into the app dev process — I’d code until I didn’t know what do and then search up a solution.

Sony earns a cut of the sales of third-party games on PlayStation, which of course it gets to keep with first-party games – meaning that its own games can justify very large budgets more easily, as they generate more revenue per unit sold. A further justification for taking this kind of risk on high development costs is that the games themselves... See more

Part of Google's perceived aura (IMHO) when they started was that they seemed to be like the nebulous group of pre-Web Internet-savvy techies. Which were a smart group, tending towards altruistic and egalitarian, and wanting to bring Internet goodness to people, and onboard people into Internet culture. What seemed like one sign of this was times... See more

Ben Smith, who ran BuzzFeed News during the height of the Twitter era, describes the moment in simple terms. The platform “was a kind of central, essentially elite conversation where political and tech leaders and journalists and activists and others talked to one another,” he says. “It was never complete or ‘real life,’ but it was actually a more... See more

Orders taken, drinks in hand, everyone in place, the topic is then discussed. If a few people begin to drift off-topic be vigilant, pull them back in. It’s not only a single topic but also a single conversation. Everyone listens to everyone. Everyone who wants to speak, speaks. Foster a self-awareness of convo-monopolization.