sari

- “I grew up feeling like I was stupid and wasn’t going to go anywhere. It was because the whole traditional system didn’t work for me. I would go to class, but I can’t memorize things… I’m not good at following directions… I felt this desperate yearning for the first two decades of my life —this feeling of perpetual inadequacy.” – David Perell

Becoming the default browser homepage became Google’s actual moat. There can only be one homepage (no multihoming) and users are typically too lazy to change it (friction = switching costs).

2011: From ~$1 (Apr 2011) to ~$31 (Jun 2011) to ~$2 (Nov 2011)

Memorization as a skill will become useless, but the value of quickly learning will increase. We’ll be in a world of abundant information and what you’ll need to know is how to use it.

We also tend to be more excited by enterprise focused solutions. Big companies like Facebook, Amazon and Google are concentrated on solving large consumer problems and have all the data in the world to do that really well, so it’s harder for startups to compete.

What distinguishes the talented person who makes it from the person who has even more talent but doesn’t get ahead? Look at the aspiring actors waiting tables in New York, as an example: Many of them are probably no less gifted than stars like Robert DeNiro and Susan Sarandon. Part of what constitutes success is timing and chance. But most of us ha... See more

At scale, algorithms create the future they forecast.