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The world is moving to sustainable energy like electric cars, but there are two main constraints: affordability and volume
Elon Musk • Page not found
There are three reasons why success-based advertising wins the day on the internet: -Customers want it: Advertisers can quickly see if their programs work and easily predict margins using COGS + “bounty fee” model-Solves excess inventory problems: The best way to reduce inventory is through direct-selling, success-based advertising (think 1-800 ads... See more
Macro Ops • The Bill Gurley Chronicles: Part I
Execution Does Not Matter: If your startup addresses a market that really wants your product, you can screw almost everything up and still likely be successful. On the flip side, if you are really good at execution, but the “dogs aren’t eating the dog food”, you have no chance at winning.
Parsa Saljoughian • 7 Lessons from Andy Rachleff on Product-Market Fit
We tend to think of the artist’s work as the output. The real work of the artist is a way of being in the world.
Rick Rubin • The Creative Act: A Way of Being
Within a true PLC, the community enhances the consumers’ experience with the product and helps them reach their desired outcome in a faster, cheaper, more enjoyable, or more accessible way. Community can also be a competitive advantage for startups as they build and improve their products.