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The bottom line is that small changes in the communication structure can affect decisions.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Steve Schwarzman started Blackstone in 1985 with a $400k initial investment.
Last year, they crossed $1 TRILLION under management.
Here's what he says about hiring 10s https://t.co/6KZI5Nu4fk
Analyzing the extreme work ethic of leaders like Jensen by comparing his relentless focus to Larry Ellison and Bill Gates.
TRANSCRIPT
Okay, Jensen replied, satisfied with the answer. So Jensen is described as extremely hardworking by everybody that runs into him, and he also describes himself that way. He says, there may be people that are smarter than me, but no one is ever going to work harder than me.
This is very interesting. I was reading the way that Jensen
... See moreBen Horowitz on the ideal founding team for a startup
Ben looks for two people on a founding team:
1. The inventor. “It’s the inventor’s job to build a product that’s 10x better than anything that’s available to solve that problem.”
2. The entrepreneur. “The... See more
Startup Archivex.comIt traditionally assumed that firms were independent, and so changes would be independent, and so their sizes and aggregate effects would be distributed normally.
W. Brian Arthur • Complexity Economics: Proceedings of the Santa Fe Institute's 2019 Fall Symposium
Marc Andreessen explains IBM founder Thomas Watson‘s famous “Wild Ducks” program
Marc believes that the organizational complexity is one reason you don’t see innovation at large companies. But that’s not the only reason:
“I think there’s another deeper thing underneath that that people... See more
Startup Archivex.com
This is Peter Thiel.
He's worth $7.1 billion after founding & investing in $1B startups.
From creating the "PayPal mafia" to hiring Sam Altman, Reid Hoffman, and partnered with Elon Musk...
He is also the greatest recruiter ever!
His... See more