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.benahorowitz.eth on why he refused the Databricks founders' $200K ask and wrote them a $10M check instead: "So there were six PhD students, and Ion Stoica, who was their professor." "What they had was this thing called Spark, and the competitor was something called Hadoop. Hadoop had very well-funded...

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Shaquille O'Neal explains how he found the financial advisor who helped him build generational wealth "I got a call from the bank manager, who was a family friend, and he asked me if I knew how to read bank statements. I said, 'Yeah, I learned it in school.' I was reading it and realized I was already $80,000 in the hole. He looked at me and said, 'Son, I watched you play here in high school. You're a bright, smart young man. I don't want you to be like all these other athletes.'" "So I met with a whole bunch of financial advisors. Guys were telling me, 'You're gonna get $40 million on your first contract. Give me the $40 million and I'll turn it into $200 million by the time you're 23.' Then I met this one little Jewish man who said, 'I'm into savings bonds. We're gonna put your money away and start a corporation for your family so you can write things off.' I said, 'You know what? I'm going with you, sir.'"
1:11

Shaquille O'Neal explains how he found the financial advisor who helped him build generational wealth "I got a call from the bank manager, who was a family friend, and he asked me if I knew how to read bank statements. I said, 'Yeah, I learned it in school.' I was reading it and realized I was already $80,000 in the hole. He looked at me and said, 'Son, I watched you play here in high school. You're a bright, smart young man. I don't want you to be like all these other athletes.'" "So I met with a whole bunch of financial advisors. Guys were telling me, 'You're gonna get $40 million on your first contract. Give me the $40 million and I'll turn it into $200 million by the time you're 23.' Then I met this one little Jewish man who said, 'I'm into savings bonds. We're gonna put your money away and start a corporation for your family so you can write things off.' I said, 'You know what? I'm going with you, sir.'"

Mikli

2,761,517 görüntüleme • 2 ay önce

Martin Casado says Cursor's founders spend 30-40% of their time on hiring and culture, and that focus is how they iterate so fast: "A lot of these AI companies that I work with are so research-heavy. If you're not working on a new model architecture, it's kind of hard to actually interest the core teams." "They always kept the main thing the main thing, which is changing how you write software. They believed fundamentally it was a product problem... The model's very, very important, but it was a product problem." "There's actually not a lot of companies that are actually focused on product... There's a lot of research companies... But they were like, 'We are a product company.' And I think that's actually a key differentiator in this era." martin_casado w/ sophia dew and Theo Jaffee on MTS
1:25

Martin Casado says Cursor's founders spend 30-40% of their time on hiring and culture, and that focus is how they iterate so fast: "A lot of these AI companies that I work with are so research-heavy. If you're not working on a new model architecture, it's kind of hard to actually interest the core teams." "They always kept the main thing the main thing, which is changing how you write software. They believed fundamentally it was a product problem... The model's very, very important, but it was a product problem." "There's actually not a lot of companies that are actually focused on product... There's a lot of research companies... But they were like, 'We are a product company.' And I think that's actually a key differentiator in this era." martin_casado w/ sophia dew and Theo Jaffee on MTS

a16z

80,346 görüntüleme • 11 gün önce

Trump: Now they'll say all these stories are terrible. Well, these stories have, you know, you heard my story in the boat with the shark, right? I got killed on that. They thought I was rambling. I'm not rambling. We can't get the boat to float. The battery is so heavy. So then I start talking about asking questions. You know, I have an, I had an uncle who was a great professor at MIT for many years, long, I think the longest tenure ever. Very smart, had three different degrees and you know, so I have an aptitude for things. You know, there is such a thing as an aptitude. I said, well, what would happen if this boat is so heavy and started to sink and you're on the top of the boat. Do you get electrocuted or not? In other words, the boat is going down and you're on the top, will the electric currents flow through the water and wipe you out? And let's say there's a shark about 10 yards over there. Would I have to immediately abandon or could I ride the electric down and he said, sir, nobody's ever asked us that question. But sir, I don't know. I said, well, I want to know because I guarantee you one thing, I don't care what happens. I'm staying with the electric, I'm not getting over with it. So I tell that story. And the fake news they go, he told this crazy story with electric. It's actually not crazy. It's sort of a smart story, right? Sort of like, you know, it's like the snake, it's a smart when you, you figure what you're leaving in, right? You're bringing it in the, you know, the snake, right? The snake and the snake. I tell that and they do the same thing
1:59

Trump: Now they'll say all these stories are terrible. Well, these stories have, you know, you heard my story in the boat with the shark, right? I got killed on that. They thought I was rambling. I'm not rambling. We can't get the boat to float. The battery is so heavy. So then I start talking about asking questions. You know, I have an, I had an uncle who was a great professor at MIT for many years, long, I think the longest tenure ever. Very smart, had three different degrees and you know, so I have an aptitude for things. You know, there is such a thing as an aptitude. I said, well, what would happen if this boat is so heavy and started to sink and you're on the top of the boat. Do you get electrocuted or not? In other words, the boat is going down and you're on the top, will the electric currents flow through the water and wipe you out? And let's say there's a shark about 10 yards over there. Would I have to immediately abandon or could I ride the electric down and he said, sir, nobody's ever asked us that question. But sir, I don't know. I said, well, I want to know because I guarantee you one thing, I don't care what happens. I'm staying with the electric, I'm not getting over with it. So I tell that story. And the fake news they go, he told this crazy story with electric. It's actually not crazy. It's sort of a smart story, right? Sort of like, you know, it's like the snake, it's a smart when you, you figure what you're leaving in, right? You're bringing it in the, you know, the snake, right? The snake and the snake. I tell that and they do the same thing

Headquarters

2,056,689 görüntüleme • 2 yıl önce

Here is the actual GOP candidate for President of the United States attempting to say something about Mark Zuckerberg which is literally all I can figure out from this 90-SECOND LONG SENTENCE. 😵‍💫 “So Mark Zuckerberg called me first of all he called me a few times she called me after the event that he said that was really amazing it was very brave and you know and he actually announced he's not going to support a Democrat because he can't because he respected me for what I did that day I think what I did maybe was a norm to me it was a normal response but I was called by Mark Zuckerberg yesterday the day before on this same subject and he actually apologized he said they made a mistake etc etc in the correcting mistake a Google nobody called from Google one of the things I do in a show like yours you you show you know you see them Fox but what you really see it is all over the place they take clips of your show that you're doing right now with me and if I do a good job they're going to vote for me they're going to vote for me because it's not just on Fox it's on Fox is a smaller part of it you're on all over this those little beautiful cell phones you're on you're all over the place you have a product you have a great product you have a great brand so you have to get out you have to get out you have to do things like your show and other shows and Google has been very bad they've been very irresponsible and I have a feeling that Google isn't going to be close to shut down because I don't think Congress is going to take it I really don't think so Google has to be careful now I will say this I believe Mark Zuckerberg he called me so he called me a lot they are working and I think they fixed it but what can he's not doing what he did four years ago with the five hundred million dollars I don't believe.”
1:30

Here is the actual GOP candidate for President of the United States attempting to say something about Mark Zuckerberg which is literally all I can figure out from this 90-SECOND LONG SENTENCE. 😵‍💫 “So Mark Zuckerberg called me first of all he called me a few times she called me after the event that he said that was really amazing it was very brave and you know and he actually announced he's not going to support a Democrat because he can't because he respected me for what I did that day I think what I did maybe was a norm to me it was a normal response but I was called by Mark Zuckerberg yesterday the day before on this same subject and he actually apologized he said they made a mistake etc etc in the correcting mistake a Google nobody called from Google one of the things I do in a show like yours you you show you know you see them Fox but what you really see it is all over the place they take clips of your show that you're doing right now with me and if I do a good job they're going to vote for me they're going to vote for me because it's not just on Fox it's on Fox is a smaller part of it you're on all over this those little beautiful cell phones you're on you're all over the place you have a product you have a great product you have a great brand so you have to get out you have to get out you have to do things like your show and other shows and Google has been very bad they've been very irresponsible and I have a feeling that Google isn't going to be close to shut down because I don't think Congress is going to take it I really don't think so Google has to be careful now I will say this I believe Mark Zuckerberg he called me so he called me a lot they are working and I think they fixed it but what can he's not doing what he did four years ago with the five hundred million dollars I don't believe.”

Jim Stewartson, Decelerationist 🇨🇦🇺🇦🇺🇸

2,250,158 görüntüleme • 2 yıl önce

Steve Jobs on how he learned to run a company: Question: "You're 21. You're a big success. You know, you've just sort of done it by the seat of your pants. You don't have any particular training in this. How do you learn to run a company?" Steve Jobs: "You know, throughout the years in business, I found something, which was that I always ask why you do things. And the answers you invariably get are, oh, that's just the way it's done. Nobody knows why they do what they do. Nobody thinks about things very deeply in business. That's what I found. I'll give you an example. When we were building our Apple I's in the garage, we knew exactly what they cost. When we got into a factory in the Apple II days, the accounting had this notion of a standard cost, where you'd kind of set a standard cost and at the end of a quarter you'd adjust it with a variance. And I kept asking, well, why do we do this? And the answer was, well, that's just the way it's done. And after about six months of digging into this, what I realized was the reason you do it is because you don't really have good enough controls to know how much it costs. So you guess, and then you fix your guess at the end of the quarter. And the reason you don't know how much it costs is because your information systems aren't good enough. But nobody said it that way. And so later on, when we designed this automated factory for Macintosh, we were able to get rid of a lot of these antiquated concepts and know exactly what something cost to the second. So in business, a lot of things are, I call it folklore. They're done because they were done yesterday and the day before. And so what that means is if you're willing to sort of ask a lot of questions and think about things and work really hard, you can learn business pretty fast. It's not the hardest thing in the world. It's not rocket science. It's not rocket science."
2:06

Steve Jobs on how he learned to run a company: Question: "You're 21. You're a big success. You know, you've just sort of done it by the seat of your pants. You don't have any particular training in this. How do you learn to run a company?" Steve Jobs: "You know, throughout the years in business, I found something, which was that I always ask why you do things. And the answers you invariably get are, oh, that's just the way it's done. Nobody knows why they do what they do. Nobody thinks about things very deeply in business. That's what I found. I'll give you an example. When we were building our Apple I's in the garage, we knew exactly what they cost. When we got into a factory in the Apple II days, the accounting had this notion of a standard cost, where you'd kind of set a standard cost and at the end of a quarter you'd adjust it with a variance. And I kept asking, well, why do we do this? And the answer was, well, that's just the way it's done. And after about six months of digging into this, what I realized was the reason you do it is because you don't really have good enough controls to know how much it costs. So you guess, and then you fix your guess at the end of the quarter. And the reason you don't know how much it costs is because your information systems aren't good enough. But nobody said it that way. And so later on, when we designed this automated factory for Macintosh, we were able to get rid of a lot of these antiquated concepts and know exactly what something cost to the second. So in business, a lot of things are, I call it folklore. They're done because they were done yesterday and the day before. And so what that means is if you're willing to sort of ask a lot of questions and think about things and work really hard, you can learn business pretty fast. It's not the hardest thing in the world. It's not rocket science. It's not rocket science."

Founder Mode

32,290 görüntüleme • 6 ay önce

Jack Dorsey on becoming a better storyteller: "I found myself very early on thinking about something like thinking about this early idea for Twitter and saying to myself, I could build this awesome. You have those shower-like moments, or you're walking at midnight in some town in New York City, and you've got these amazing brand ideas. And then you start thinking, well, I could really start doing this if only X and if I had this person or if this technology existed or if this happened or this happened. And what I realized was that I was constantly making excuses for not working on it. And then the window had passed, and then I couldn't do anything. So I think it's really, really important to write it out or to draw it out or to code it. But you need to get it out of your head. And the reason you have to get it out of your head is that you need to be able to see it on a surface that is not in your mind. And once you can see it, and once you can step back from it, then you can also decide this passes my filter, my constraints, so maybe I can show it and share it with some other people. And then they will be like that's the stupidest idea ever and or that's somewhat interesting, but maybe this and this and this. So the sooner you can do that, then you have a lot of momentum around it, and you can really decide if you want to commit to it and work on it more or put it on the shelf for a later date. And the realization that I think everyone needs to have about that latter option, putting it on the shelf, is that you can come back to it and it will surface back up in another piece of work or another idea at some point in your life. So having that ability to close off a chapter and move on is really, really important. You can't have all these open threads, and that's what I realized I was doing. And that also encouraged me to really write more and to really think about what's the story? How are people coming to this? And like when I show my friends this, how are they going to react and I would write it down. I would actually treat it like a play. And when I realized that I was writing plays, I read a lot more plays for style and for substance and for technique and I think it's really good. I think there is another company that I have always looked towards for inspiration and I know a number of people in this room probably have a similar company in mind, which is Apple. Apple, I think, is run like a theater company. It has a great sense of pacing, has a great sense of story and has a great sense of execution and it's all about event-driven, it's all stage-driven, the stage being a billboard or the stage being a keynote or the stage being a product launch. All of it has a very, very cohesive end-to-end story. I mean you think about what happened when Steve Jobs came back to the company. The first thing he did was kill every product line the company was working on. And for two years,rs they had no product on the market whatsoever. All they had were a bunch of posters all around the world with Steve Jobs' heroes, and it said, think different. And it was just focused on bringing up the brand and making people aware of the brand again and how the brand is aligning to this particular feeling and story. And then they came out with the iMac and then built iTunes and then the iPod, and they realized that, wait a minute, people are carrying music on their phones now, so we better build a phone, an iPhone. And so this unfolding of the plot and the epic story has been very, very interesting to watch, especially if you look back to that time when he came back to the company. So I've learned a lot from that company and other companies that operate in a similar fashion."
4:07

Jack Dorsey on becoming a better storyteller: "I found myself very early on thinking about something like thinking about this early idea for Twitter and saying to myself, I could build this awesome. You have those shower-like moments, or you're walking at midnight in some town in New York City, and you've got these amazing brand ideas. And then you start thinking, well, I could really start doing this if only X and if I had this person or if this technology existed or if this happened or this happened. And what I realized was that I was constantly making excuses for not working on it. And then the window had passed, and then I couldn't do anything. So I think it's really, really important to write it out or to draw it out or to code it. But you need to get it out of your head. And the reason you have to get it out of your head is that you need to be able to see it on a surface that is not in your mind. And once you can see it, and once you can step back from it, then you can also decide this passes my filter, my constraints, so maybe I can show it and share it with some other people. And then they will be like that's the stupidest idea ever and or that's somewhat interesting, but maybe this and this and this. So the sooner you can do that, then you have a lot of momentum around it, and you can really decide if you want to commit to it and work on it more or put it on the shelf for a later date. And the realization that I think everyone needs to have about that latter option, putting it on the shelf, is that you can come back to it and it will surface back up in another piece of work or another idea at some point in your life. So having that ability to close off a chapter and move on is really, really important. You can't have all these open threads, and that's what I realized I was doing. And that also encouraged me to really write more and to really think about what's the story? How are people coming to this? And like when I show my friends this, how are they going to react and I would write it down. I would actually treat it like a play. And when I realized that I was writing plays, I read a lot more plays for style and for substance and for technique and I think it's really good. I think there is another company that I have always looked towards for inspiration and I know a number of people in this room probably have a similar company in mind, which is Apple. Apple, I think, is run like a theater company. It has a great sense of pacing, has a great sense of story and has a great sense of execution and it's all about event-driven, it's all stage-driven, the stage being a billboard or the stage being a keynote or the stage being a product launch. All of it has a very, very cohesive end-to-end story. I mean you think about what happened when Steve Jobs came back to the company. The first thing he did was kill every product line the company was working on. And for two years,rs they had no product on the market whatsoever. All they had were a bunch of posters all around the world with Steve Jobs' heroes, and it said, think different. And it was just focused on bringing up the brand and making people aware of the brand again and how the brand is aligning to this particular feeling and story. And then they came out with the iMac and then built iTunes and then the iPod, and they realized that, wait a minute, people are carrying music on their phones now, so we better build a phone, an iPhone. And so this unfolding of the plot and the epic story has been very, very interesting to watch, especially if you look back to that time when he came back to the company. So I've learned a lot from that company and other companies that operate in a similar fashion."

Founder Mode

107,213 görüntüleme • 8 ay önce

A mental model everyone should know: The Regret Minimization Framework. This is how Jeff Bezos used this model to decide to start Amazon: I went to my boss and told him, "I'm going to go do this crazy thing — I'm going to start this company selling books online." This is something I had already been talking to him about in a more general context, and he said, "Let's go on a walk." So we went on a 2-hour walk in Central Park in New York City. The conclusion of that was, he said, "This actually sounds like a really good idea to me, but it sounds like it would be a better idea for somebody who didn't already have a good job!" He convinced me to think about it for 48 hours before making a final decision. So I went away and was trying to find the right framework to make that kind of big decision. I had already talked to my wife about this, and she was 100 percent supportive, saying, "You can count me in – whatever you want to do." It's true, she had married this guy with a stable career and path, but she was 100 percent supportive. So it was really a decision I had to make for myself. The framework I found, which made the decision incredibly easy, was what I called — only a nerd would call — a regret minimization framework. I wanted to project myself forward to age 80 and say, "I'm looking back on my life, I want to have minimized the number of regrets I have." I knew that when I was 80, I was not going to regret having tried this. I was not going to regret participating in this thing called the Internet that I thought was going to be a really big deal. I knew that if I failed, I wouldn't regret that. But I knew the one thing I might regret is not having ever tried. And I knew that would haunt me every day. When I thought about it that way, it was an incredibly easy decision. If you can project yourself to age 80 and think, "What will I think at that time?" it gets you away from some of the daily pieces of confusion. I left this Wall Street firm in the middle of the year, and when you do that, you walk away from your annual bonus. That's the kind of thing that in the short-term can confuse you, but when you think about the long-term, you can really make good life decisions that you won't regret later. *** Summary Ask yourself: in X years, will I regret not doing this? • If Yes → DO IT! • If No → Don't bother. This can apply to any decision: • Should I switch jobs? • Should I start my dream business? • And more... *** Takeaway: Optimize for Asymmetric Upside • Record content (podcast, video) • Write content (book, blog) • Go to a cocktail party • Move to a big city • Invest in startups • Go on first dates • Build in public • Start a biz • Tweet Shoot. Your. Shot. Life is too short not to do so. *** That's a wrap and I hope you found this helpful. If you found value in this post: 1. Follow me Arjun Mahadevan (Mr. LLC 🇺🇸) for more. 2. Re-post this, if you can, to share this mental model with a friend and to remind them to: Shoot. Your. Shot. Life is too short not to do so.
2:38

A mental model everyone should know: The Regret Minimization Framework. This is how Jeff Bezos used this model to decide to start Amazon: I went to my boss and told him, "I'm going to go do this crazy thing — I'm going to start this company selling books online." This is something I had already been talking to him about in a more general context, and he said, "Let's go on a walk." So we went on a 2-hour walk in Central Park in New York City. The conclusion of that was, he said, "This actually sounds like a really good idea to me, but it sounds like it would be a better idea for somebody who didn't already have a good job!" He convinced me to think about it for 48 hours before making a final decision. So I went away and was trying to find the right framework to make that kind of big decision. I had already talked to my wife about this, and she was 100 percent supportive, saying, "You can count me in – whatever you want to do." It's true, she had married this guy with a stable career and path, but she was 100 percent supportive. So it was really a decision I had to make for myself. The framework I found, which made the decision incredibly easy, was what I called — only a nerd would call — a regret minimization framework. I wanted to project myself forward to age 80 and say, "I'm looking back on my life, I want to have minimized the number of regrets I have." I knew that when I was 80, I was not going to regret having tried this. I was not going to regret participating in this thing called the Internet that I thought was going to be a really big deal. I knew that if I failed, I wouldn't regret that. But I knew the one thing I might regret is not having ever tried. And I knew that would haunt me every day. When I thought about it that way, it was an incredibly easy decision. If you can project yourself to age 80 and think, "What will I think at that time?" it gets you away from some of the daily pieces of confusion. I left this Wall Street firm in the middle of the year, and when you do that, you walk away from your annual bonus. That's the kind of thing that in the short-term can confuse you, but when you think about the long-term, you can really make good life decisions that you won't regret later. *** Summary Ask yourself: in X years, will I regret not doing this? • If Yes → DO IT! • If No → Don't bother. This can apply to any decision: • Should I switch jobs? • Should I start my dream business? • And more... *** Takeaway: Optimize for Asymmetric Upside • Record content (podcast, video) • Write content (book, blog) • Go to a cocktail party • Move to a big city • Invest in startups • Go on first dates • Build in public • Start a biz • Tweet Shoot. Your. Shot. Life is too short not to do so. *** That's a wrap and I hope you found this helpful. If you found value in this post: 1. Follow me Arjun Mahadevan (Mr. LLC 🇺🇸) for more. 2. Re-post this, if you can, to share this mental model with a friend and to remind them to: Shoot. Your. Shot. Life is too short not to do so.

Arjun Mahadevan (Mr. LLC 🇺🇸)

25,594 görüntüleme • 3 yıl önce

Shaquille O'Neal revealed he had to figure out two things: either intimidate you or make you laugh. I was always a bully, until one day in fifth grade, I had a spitwad. I threw it at the chalkboard, it splattered, and this kid rats me out. But prior to that, my father said, "If you get suspended again, I'm gonna kill you. I'm gonna beat you like you've never been beaten before because you're irresponsible, you're a medium-level juvenile delinquent, and moving at this pace, you're gonna be nothing in life. I'm not having that in my house." So, I wait for the kid I mean, first I go to the office. Three days. Graham Bensinger: You were suspended for three days? Shaquille O'Neal: Suspended for three days. So now I gotta go home, and I already know what I'm getting when I get home. But before I go home, I'm gonna whoop your ass. So I'm beating this kid up, and I'm kicking this kid, and he has an epileptic seizure. It was just me and the kid out there, and he's on the ground shaking, and now I'm frightened because... uh oh. So then a guy comes and he saves the kid. And, you know, but after that, I go home, I get disciplined, and my mother pulls me to the side and says, "You're too big and too strong, you can't ever do that again." And that kind of... that kind of stayed with me. I was like, "I don't want to do that no more." So then I was like, "You know what, I'm not gonna beat people up. Let me... let me go to part... Plan B on how to get them to like me." Because I'm already... I was always a class clown, funny guy. So now, let me just, you know, do this a lot to get people to like me. And I just stuck with that rather than being a bully. Graham Bensinger: Before that, how would people tease you? Shaquille O'Neal: "Shaquille," "Sasquatch," "Big African"... I stuttered when I talked. "Big dummy." And I was always shy. You know, like, I would look at you, and I would look at your test scores, and you'd probably have a... you look like a smart, smart ass. You'd probably have a 90 or a...
2:02

Shaquille O'Neal revealed he had to figure out two things: either intimidate you or make you laugh. I was always a bully, until one day in fifth grade, I had a spitwad. I threw it at the chalkboard, it splattered, and this kid rats me out. But prior to that, my father said, "If you get suspended again, I'm gonna kill you. I'm gonna beat you like you've never been beaten before because you're irresponsible, you're a medium-level juvenile delinquent, and moving at this pace, you're gonna be nothing in life. I'm not having that in my house." So, I wait for the kid I mean, first I go to the office. Three days. Graham Bensinger: You were suspended for three days? Shaquille O'Neal: Suspended for three days. So now I gotta go home, and I already know what I'm getting when I get home. But before I go home, I'm gonna whoop your ass. So I'm beating this kid up, and I'm kicking this kid, and he has an epileptic seizure. It was just me and the kid out there, and he's on the ground shaking, and now I'm frightened because... uh oh. So then a guy comes and he saves the kid. And, you know, but after that, I go home, I get disciplined, and my mother pulls me to the side and says, "You're too big and too strong, you can't ever do that again." And that kind of... that kind of stayed with me. I was like, "I don't want to do that no more." So then I was like, "You know what, I'm not gonna beat people up. Let me... let me go to part... Plan B on how to get them to like me." Because I'm already... I was always a class clown, funny guy. So now, let me just, you know, do this a lot to get people to like me. And I just stuck with that rather than being a bully. Graham Bensinger: Before that, how would people tease you? Shaquille O'Neal: "Shaquille," "Sasquatch," "Big African"... I stuttered when I talked. "Big dummy." And I was always shy. You know, like, I would look at you, and I would look at your test scores, and you'd probably have a... you look like a smart, smart ass. You'd probably have a 90 or a...

Hecto Crypto | NetLink ⛓

20,290 görüntüleme • 1 ay önce

Scott on why conviction in an idea is dangerous as an investor but required as a founder: "From the investor seat, I don't think you want to be in love with an idea. That's a risky thing because you'll find a way to express that by investing and make some compromises on the team because you know this idea is just so good, its time has come. But if the team isn't there, 90% of the time it doesn't work. Then there's a whole thing can you swap out the team? But the whole Founders Fund thesis was always no, you need the founder to run the company. But on the company side, you have to be in love with the idea. It's not that rational to start a company. There's a lot easier, more comfortable ways to make money if that's the goal. So it's got to be about what the company is doing specifically. If you want to actually start a company, it better be something that you're really passionate about, or you think that the problem is really important."
1:15

Scott on why conviction in an idea is dangerous as an investor but required as a founder: "From the investor seat, I don't think you want to be in love with an idea. That's a risky thing because you'll find a way to express that by investing and make some compromises on the team because you know this idea is just so good, its time has come. But if the team isn't there, 90% of the time it doesn't work. Then there's a whole thing can you swap out the team? But the whole Founders Fund thesis was always no, you need the founder to run the company. But on the company side, you have to be in love with the idea. It's not that rational to start a company. There's a lot easier, more comfortable ways to make money if that's the goal. So it's got to be about what the company is doing specifically. If you want to actually start a company, it better be something that you're really passionate about, or you think that the problem is really important."

Patrick OShaughnessy

33,016 görüntüleme • 4 ay önce

Qullamaggie on How Long to Go From 9k to 1 Million “How did you go from 5K to 1 million? That’s for losers. I think I did it in 8 years. No, no, no. You know what, I’ll check. I went from 5K — let’s see, from 2013. So my accounts were actually 9K on May 20, 2013. That was the turning point for my trading. May happened. I was down like 50% on the year, and that was the turning point. So in May 2013 I had 90K in my trading accounts. Let’s see when I hit 1 million. January 2018, I hit 1.4 million. So somewhere in December 2017 my account reached 1 million. It took about three and a half years to get from 9K to 1 million. If you have a small account, guys, it’s not hard to make a few hundred percent per year. It’s not hard if you have a small account. Really, you can make it if you’re a short-term swing trader. You can make most years probably easily a couple hundred percent. And that’s the thing — you won’t have a small account after a few years. That’s the beautiful part.”
1:33

Qullamaggie on How Long to Go From 9k to 1 Million “How did you go from 5K to 1 million? That’s for losers. I think I did it in 8 years. No, no, no. You know what, I’ll check. I went from 5K — let’s see, from 2013. So my accounts were actually 9K on May 20, 2013. That was the turning point for my trading. May happened. I was down like 50% on the year, and that was the turning point. So in May 2013 I had 90K in my trading accounts. Let’s see when I hit 1 million. January 2018, I hit 1.4 million. So somewhere in December 2017 my account reached 1 million. It took about three and a half years to get from 9K to 1 million. If you have a small account, guys, it’s not hard to make a few hundred percent per year. It’s not hard if you have a small account. Really, you can make it if you’re a short-term swing trader. You can make most years probably easily a couple hundred percent. And that’s the thing — you won’t have a small account after a few years. That’s the beautiful part.”

Lone

47,019 görüntüleme • 4 ay önce

I love Elon Musk's old interviews. I really enjoy hearing what he said back then, knowing what the future holds. This "CBS Sunday Morning" interview was recorded in 1998, when then 27-year-old Elon talked about starting his first company: “That was the summer of '95. I had no money whatsoever. I was working, doing research in Silicon Valley on a completely different subject and trying to start this company at the same time. And when it came time to decide do I want to do graduate studies or do I want to start this company and I decided to start the company. I had no money. As a graduate student, I would have received a scholarship and a stipend and so forth. In starting the company, I had nothing. I had no income source. So we found that an office was actually cheaper than an apartment in Silicon Valley. So we got this dinky little office that had a leaky roof. It was just the nastiest place you can imagine. And you lived in it. And I lived in it too and showered at the YMCA. This lasted for about three or four months. And the reason we chose this office, in addition to it being really cheap, was that there was an internet service provider on the floor below. So we were able to get really cheap internet access by drilling a hole in the floor and connecting to their server directly.”
1:06

I love Elon Musk's old interviews. I really enjoy hearing what he said back then, knowing what the future holds. This "CBS Sunday Morning" interview was recorded in 1998, when then 27-year-old Elon talked about starting his first company: “That was the summer of '95. I had no money whatsoever. I was working, doing research in Silicon Valley on a completely different subject and trying to start this company at the same time. And when it came time to decide do I want to do graduate studies or do I want to start this company and I decided to start the company. I had no money. As a graduate student, I would have received a scholarship and a stipend and so forth. In starting the company, I had nothing. I had no income source. So we found that an office was actually cheaper than an apartment in Silicon Valley. So we got this dinky little office that had a leaky roof. It was just the nastiest place you can imagine. And you lived in it. And I lived in it too and showered at the YMCA. This lasted for about three or four months. And the reason we chose this office, in addition to it being really cheap, was that there was an internet service provider on the floor below. So we were able to get really cheap internet access by drilling a hole in the floor and connecting to their server directly.”

Eva Fo𝕏 🦊 Claudius Nero's Legion

24,804 görüntüleme • 2 ay önce

Bob Odenkirk reveals how a cameraman's joke accidentally inspired Better Call Saul. "The first scene that I did in Breaking Bad when Saul has Walter White in his office somewhere after half an hour, 40 minutes of shooting, the director yelled cut. And one of the cameramen said, Can I get a job on the sequel? And everyone laughed because I guess everyone was thinking this character is pretty great, pretty fun to see." "From that point on, it was a joke that are they going to make a sequel with Saul? And every year, one time a year, Vince Gilligan would pull me aside somewhere and say, what do you think about that? Do you think there could be a show in Saul? And every time he'd ask me, I'd say, I have no idea. Only you know that. And if you want to write that, I'll do it." "It really wasn't until the finale of Breaking Bad, I want to say a year after that Vince Gilligan and Peter Gould, who wrote the first episode that featured Saul, called Better Call Saul, they took me to a lunch at the Chateau Marmont, famous Hollywood place, and said, We're thinking about creating that show, and what do you think?" "I said, First of all, you're going to have to make him likable. Saul isn't sort of fun on his own. He's fun in the context of Breaking Bad. And the other thing I said to them was, and don't forget I'm 50 years old. So, you know, please don't write him as a 30-year-old cause I'm not 30. And of course, then they went and wrote him as like 30. So, yeah. You know, they had to CGI the bags from under my eyes in like three scenes on Better Call Saul."
1:33

Bob Odenkirk reveals how a cameraman's joke accidentally inspired Better Call Saul. "The first scene that I did in Breaking Bad when Saul has Walter White in his office somewhere after half an hour, 40 minutes of shooting, the director yelled cut. And one of the cameramen said, Can I get a job on the sequel? And everyone laughed because I guess everyone was thinking this character is pretty great, pretty fun to see." "From that point on, it was a joke that are they going to make a sequel with Saul? And every year, one time a year, Vince Gilligan would pull me aside somewhere and say, what do you think about that? Do you think there could be a show in Saul? And every time he'd ask me, I'd say, I have no idea. Only you know that. And if you want to write that, I'll do it." "It really wasn't until the finale of Breaking Bad, I want to say a year after that Vince Gilligan and Peter Gould, who wrote the first episode that featured Saul, called Better Call Saul, they took me to a lunch at the Chateau Marmont, famous Hollywood place, and said, We're thinking about creating that show, and what do you think?" "I said, First of all, you're going to have to make him likable. Saul isn't sort of fun on his own. He's fun in the context of Breaking Bad. And the other thing I said to them was, and don't forget I'm 50 years old. So, you know, please don't write him as a 30-year-old cause I'm not 30. And of course, then they went and wrote him as like 30. So, yeah. You know, they had to CGI the bags from under my eyes in like three scenes on Better Call Saul."

Mr. Mayor

343,738 görüntüleme • 1 ay önce

Carl Icahn on the 12 floors of employees he fired after nobody could explain what they actually did "I get control of this company, ACF. They had 12 floors on Third Avenue. I'm a good numbers guy, a good poker player, I'm going to go understand what they do. They send me to the 12th floor with my yellow pad, and they're explaining, this guy does this, these guys do that. I go to the seventh floor, spend the whole day, go home, look at my yellow pad, and I can't figure out what the hell they do. I go back the next day, the ninth floor, the eighth floor. I'm not an idiot, and I can't figure out what they do. I ask, what do you need him for? Oh, this is very arcane stuff, you're not going to understand it" "So I call the guy who actually runs the plant in St. Louis, Joe. A John Wayne character, a former Marine captain, a tough guy. He shows me what he does, and I understand it, boom boom. We go have a martini, and I say, Joe, how many of those guys in New York do you need to support your operation? He says, I need minus 30. I say, what does that mean, minus 30? He says, because you don't have the balls to do what I'll tell you to do. Get rid of all of them tomorrow, and I'll need 30 people less to support them with numbers they make me send that I don't need" "I still couldn't believe it. So I bring in consultants, the great leasing experts in the world, a professor from Columbia. Quarter of a million dollars, three weeks. They come back with a book this big, yellow graphs, red graphs, green graphs. I say, I'm colorblind anyway, just tell me what they do. And he smiles and says, you've been square with us, so I'm going to tell you something. We don't know what they do either. I am not joking" "So I called Joe up, gave everybody severance, nobody was mad, got rid of the whole 12 floors, and sold the lease for 10 million dollars. And here's the thing. If you shut down a grocery store, you'd hear from somebody, the apples weren't right. If you had a flower shop, somebody's roses wilted. This was like a science fiction movie. It was like they never existed. I never got a letter. I never got anybody calling me"
8:08

Carl Icahn on the 12 floors of employees he fired after nobody could explain what they actually did "I get control of this company, ACF. They had 12 floors on Third Avenue. I'm a good numbers guy, a good poker player, I'm going to go understand what they do. They send me to the 12th floor with my yellow pad, and they're explaining, this guy does this, these guys do that. I go to the seventh floor, spend the whole day, go home, look at my yellow pad, and I can't figure out what the hell they do. I go back the next day, the ninth floor, the eighth floor. I'm not an idiot, and I can't figure out what they do. I ask, what do you need him for? Oh, this is very arcane stuff, you're not going to understand it" "So I call the guy who actually runs the plant in St. Louis, Joe. A John Wayne character, a former Marine captain, a tough guy. He shows me what he does, and I understand it, boom boom. We go have a martini, and I say, Joe, how many of those guys in New York do you need to support your operation? He says, I need minus 30. I say, what does that mean, minus 30? He says, because you don't have the balls to do what I'll tell you to do. Get rid of all of them tomorrow, and I'll need 30 people less to support them with numbers they make me send that I don't need" "I still couldn't believe it. So I bring in consultants, the great leasing experts in the world, a professor from Columbia. Quarter of a million dollars, three weeks. They come back with a book this big, yellow graphs, red graphs, green graphs. I say, I'm colorblind anyway, just tell me what they do. And he smiles and says, you've been square with us, so I'm going to tell you something. We don't know what they do either. I am not joking" "So I called Joe up, gave everybody severance, nobody was mad, got rid of the whole 12 floors, and sold the lease for 10 million dollars. And here's the thing. If you shut down a grocery store, you'd hear from somebody, the apples weren't right. If you had a flower shop, somebody's roses wilted. This was like a science fiction movie. It was like they never existed. I never got a letter. I never got anybody calling me"

Jaynit

324,514 görüntüleme • 7 gün önce

Bill Clinton Isn’t Just Involved In Raping Underage Children With Jeffrey Epstein On Epstein Island Interview Claiming Bill Clinton Involved In Murder, International Crack Cocaine Trafficking Alongside The CIA “Bill’s nose is like a vacuum cleaner in that cocaine pile” “Owes you fifty thousand dollars every time my wheels land. What are you talking about? He says, I can't get caught in Mena, Arkansas. And later on whenever I would, so he was working with, he had CIA connections, I don't know where he'd flown with, and also Bill Clinton was the government man or the governor. ‌ So I ain't seen nothing more about that. I hear that they call it Arkansas up there instead of Homicide. And plus, I don't know anything. I never met those gentlemen. I didn't fool with it. That was Barry's end of the story. But anybody wants to look, just read about what happened in MENA Arkansas. And that movie that they made that they called America Made was written as MENA. And when Hillary was running for president the Democratic Party stopped it, and even the director quit. And they changed part of the script, and they changed the name to America Made. The whole thing's about me and Arkansas and Bill Clinton and a couple of boys that got killed on a railroad track and put up there by the sheriff to get chopped up. And there's some stories there. They got Clinton'd. They claim it is him. ‌ I'm glad I didn't meet him. Looked like he was on a plane somewhere that he shouldn't have been here recently, too. Yep. He's got a couple paintings down there, too, from what I hear. Yeah. His brother, Roger, got caught with cocaine, and he pardoned him, but he didn't pardon me. And Roger Clinton says that Bill's nose is like a vacuum cleaner in that cocaine pile. ‌ But he didn't inhale. That's just a good point. That's, yeah, hey, you know. Presidents are just such fine people sometimes. They are some very trustworthy individuals, aren't they? They'll put you in prison. He went in and he raised the penalty for crack cocaine 100 times. They just say, just political prostitutes is all they are. Yeah. That's the word for them. I'm on, I like that. I'm going to use that. ‌ So Barry was tied in with the Clintons, the CIA, and he had free rein to land wherever he wants. He's not gonna get caught in Arkansas. Absolutely. So it was a little far to go up to Mena, so I talked to Escobar and him, and they said, well, that's no problem. So I landed there myself to do a load, and they put a fella named Benjamin Ben in the plane with me, and we went up to a landing strip there in Nicaragua. And I met the generals and all that. They said, land right here. Just come in, don't say a thing on the radio. Just land anytime you want to. And we'll refuel you and you get food, whatever you want. We'll wash you when children, you'll be on your way. So. How do you make these connections? I didn't make them in Ocho and Escobar. — I think they had used him over in Southeast Asia. It was a CIA conversion of some kind of a Piper plane. It was a CIA conversion and he had access? Right, they had made it and that's what they was flying over out of Burma and Vietnam behind the lines over there. They were real quiet. They put big, heavy, wide blade propellers on them and put Q-tips and you couldn't hear the propeller noise. No kidding. So they were I bought, I think, seven of them. It was $400,000 a piece. So were these open market? Yeah. You could buy them.” I can’t transcribe it all due to X’s text limits but this is an excellent listen!
5:52

Bill Clinton Isn’t Just Involved In Raping Underage Children With Jeffrey Epstein On Epstein Island Interview Claiming Bill Clinton Involved In Murder, International Crack Cocaine Trafficking Alongside The CIA “Bill’s nose is like a vacuum cleaner in that cocaine pile” “Owes you fifty thousand dollars every time my wheels land. What are you talking about? He says, I can't get caught in Mena, Arkansas. And later on whenever I would, so he was working with, he had CIA connections, I don't know where he'd flown with, and also Bill Clinton was the government man or the governor. ‌ So I ain't seen nothing more about that. I hear that they call it Arkansas up there instead of Homicide. And plus, I don't know anything. I never met those gentlemen. I didn't fool with it. That was Barry's end of the story. But anybody wants to look, just read about what happened in MENA Arkansas. And that movie that they made that they called America Made was written as MENA. And when Hillary was running for president the Democratic Party stopped it, and even the director quit. And they changed part of the script, and they changed the name to America Made. The whole thing's about me and Arkansas and Bill Clinton and a couple of boys that got killed on a railroad track and put up there by the sheriff to get chopped up. And there's some stories there. They got Clinton'd. They claim it is him. ‌ I'm glad I didn't meet him. Looked like he was on a plane somewhere that he shouldn't have been here recently, too. Yep. He's got a couple paintings down there, too, from what I hear. Yeah. His brother, Roger, got caught with cocaine, and he pardoned him, but he didn't pardon me. And Roger Clinton says that Bill's nose is like a vacuum cleaner in that cocaine pile. ‌ But he didn't inhale. That's just a good point. That's, yeah, hey, you know. Presidents are just such fine people sometimes. They are some very trustworthy individuals, aren't they? They'll put you in prison. He went in and he raised the penalty for crack cocaine 100 times. They just say, just political prostitutes is all they are. Yeah. That's the word for them. I'm on, I like that. I'm going to use that. ‌ So Barry was tied in with the Clintons, the CIA, and he had free rein to land wherever he wants. He's not gonna get caught in Arkansas. Absolutely. So it was a little far to go up to Mena, so I talked to Escobar and him, and they said, well, that's no problem. So I landed there myself to do a load, and they put a fella named Benjamin Ben in the plane with me, and we went up to a landing strip there in Nicaragua. And I met the generals and all that. They said, land right here. Just come in, don't say a thing on the radio. Just land anytime you want to. And we'll refuel you and you get food, whatever you want. We'll wash you when children, you'll be on your way. So. How do you make these connections? I didn't make them in Ocho and Escobar. — I think they had used him over in Southeast Asia. It was a CIA conversion of some kind of a Piper plane. It was a CIA conversion and he had access? Right, they had made it and that's what they was flying over out of Burma and Vietnam behind the lines over there. They were real quiet. They put big, heavy, wide blade propellers on them and put Q-tips and you couldn't hear the propeller noise. No kidding. So they were I bought, I think, seven of them. It was $400,000 a piece. So were these open market? Yeah. You could buy them.” I can’t transcribe it all due to X’s text limits but this is an excellent listen!

Wall Street Apes

2,288,690 görüntüleme • 2 yıl önce

TUCKER: I WAS NOT SHOCKED WHEN I WAS FIRED FROM FOX “So, I really don't know. I will say, you know, right after it happened, people said, 'Well, how can they fire the top guy?' And because that's what it is. I'm certainly not the first high-rated host to get fired. It's not only about ratings. There are a lot of different factors. It's a big company; you all have worked for and run big companies.” Source: The All-In Podcast , @jason
5:16

TUCKER: I WAS NOT SHOCKED WHEN I WAS FIRED FROM FOX “So, I really don't know. I will say, you know, right after it happened, people said, 'Well, how can they fire the top guy?' And because that's what it is. I'm certainly not the first high-rated host to get fired. It's not only about ratings. There are a lot of different factors. It's a big company; you all have worked for and run big companies.” Source: The All-In Podcast , @jason

Mario Nawfal

234,304 görüntüleme • 1 yıl önce

.benahorowitz.eth on how a game studio turned it's last $6 million into Slack: "Stewart calls me. He says, 'Ben, I've got $6 million left. I have no way to raise money because I've made really no progress. So I've got three choices. I can pray for rain and try and finish it, I can shut down the company and give you your $6 million back, or we built this tool that we use in our engineering team to communicate with each other, and I could just put that out as a product.'" "I'm like, 'What? You just built some tool to talk to each other and you want to put that out as a product? And you're a consumer guy, and you want to become an enterprise software guy?'" "$6 million is not gonna make any difference in my life. If you really think it's a good idea, go ahead." Ben Horowitz Talks Honesty, Failure, and Secrets at UC Berkeley (2016)
1:34

.benahorowitz.eth on how a game studio turned it's last $6 million into Slack: "Stewart calls me. He says, 'Ben, I've got $6 million left. I have no way to raise money because I've made really no progress. So I've got three choices. I can pray for rain and try and finish it, I can shut down the company and give you your $6 million back, or we built this tool that we use in our engineering team to communicate with each other, and I could just put that out as a product.'" "I'm like, 'What? You just built some tool to talk to each other and you want to put that out as a product? And you're a consumer guy, and you want to become an enterprise software guy?'" "$6 million is not gonna make any difference in my life. If you really think it's a good idea, go ahead." Ben Horowitz Talks Honesty, Failure, and Secrets at UC Berkeley (2016)

a16z

748,242 görüntüleme • 26 gün önce

The company for you is like having a child. Once you have a company, you have to feed it and nurse it and take care of it, even if it ruins you. Yes, Elon, it was worth it! Elon Musk: “I didn't think it would be easy. Like I said, I thought they would probably fail. But you know, creating a company is almost like having a child. So it's sort of like, how do you say your child should not have food? Can we just break for a second? Man, I sure hope it was worth it, sure hope so, sure hope it was worth it.”
0:59

The company for you is like having a child. Once you have a company, you have to feed it and nurse it and take care of it, even if it ruins you. Yes, Elon, it was worth it! Elon Musk: “I didn't think it would be easy. Like I said, I thought they would probably fail. But you know, creating a company is almost like having a child. So it's sort of like, how do you say your child should not have food? Can we just break for a second? Man, I sure hope it was worth it, sure hope so, sure hope it was worth it.”

Eva Fo𝕏 🦊 Claudius Nero's Legion

13,950 görüntüleme • 9 ay önce