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An inspiration engine for ideas
Netflix founder Reed Hastings on why startups should offer severance packages
Severance packages are unusual for startups, but as Reed explains, Netflix has offered 3+ month severance packages since inception:
“It’s real money, but it’s worth it… You’re going to spend three months managing... See more
Startup Archivex.com
In 1993, Jensen Huang pitched a startup idea to his former boss, Wilf Corrigan. After Jensen’s pitch, Wilf said, “I have no idea what you just said. That was one of the worst pitches I’ve ever heard.” Wilf then called the renowned venture capitalist Don Valentine, and said, “Don, I’m going to send a kid over to you. He’s one of the best employees
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My favorite ideas from the episode with Charlie Songhurst https://t.co/QqdaXkrgJk
In order to make an expensive product appear affordable, a company may use a decoy. It is easier to sell greenfield customers than to win one away from a competitor because of the endowment effect, which causes people to overvalue things they already have. Enterprise companies should be aware of this.
Sequoia Capital • Pricing Your Product
A leader's journey of redefining their value by delegating and deeply understanding key stakeholders like creators.
TRANSCRIPT
And I say that because what happened for me was a real setback, not just in sort of that moment, but it also sort of like, oh, wait a minute.
So what am I really, you know, what's my value at then in this company?
And it took me a while and I realized that all of a sudden, hmm, actually, you know what, that won't be it, but maybe I can add value in
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