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Here’s how to avoid getting lost in the “Idea Maze…” Being a founder is a bit like being Jack Torrance at the end of “The Shining.” If you could see a bird eye view of the entire landscape, you’d navigate your way to success immediately… but on the ground,...

11,254 views • 8 months ago •via X (Twitter)

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Marc Andreessen’s 2 reasons for why founder-run companies are harder to disrupt “If you just look historically at many of the important technology companies of the last 50-100 years, many of them are run by their founders for decades… And a lot of it has to do with disruption.” Marc continues: “There’s this cliché of founders that a lot of people believe which is that founders are too stubborn and founders get too locked into their original idea and they can’t adapt as times change. We’ve actually found the opposite to be true. We’ve found that when a company is going to get disrupted, the person in many cases with the best odds of countering the disruption is the founder, and I think there’s a couple of different reasons for that.” The two reasons Marc shares are: 1. The founder remembers when the business was nothing, and are constantly haunted by the fact that the business could be a zero again: “The founder remembers what it was like when there was nobody else in the office with you and when you carried out your own trash can. The founder remembers this thing used to be zero.” 2. The founder carries enormous moral weight inside the company and can more easily make drastic changes: “When Steve Jobs goes into Apple and says times are changing we need to do X - and X is heresy… A Steve jobs - a founder - is going to be able to convince the company that they have to do that. Whereas if a professional CEO shows up and says that, everybody’s going to be like, ‘Ooh, I don’t know.’” Source: Startup Grind (Feb 2016)

Startup Archive

19,547 views • 1 month ago

A clip from Li Lu's greatest-ever public speech. The Columbia Lecture for Bruce Greenwald's 2006 Columbia Class. Here are 9 Learnings from Li Lu's Investment Strategy: 1. Why Value Investing Works The market isn’t built for value investors. It is built in a way that increases the urge to speculate. That’s why businesses are so often misprized in the short term. Value investors can benefit from this circumstance. 2. Understand Who You Are You’ll be more interested in some industries/topics than in others. And in investing, you can choose in what industries you’ll look for opportunities. Investors should use this advantage and be sure about their circle of competence. 3. Be a Journalist Being an investor is a lot like being a research journalist. You have to dig into the company on a level that journalists do when they research their stories. You also need to clearly articulate your thesis and research and bring it to paper. 4. Find the Truth A journalist also has to find the truth before he publishes a story. Same goes for an investor. It could be fatal if he makes a decision before he knows “the truth” about a company. Thus, he has to avoid all sorts of biases and misleading influences. 5. Commitment Bias One of these biases is the commitment bias. To avoid this one, Li Lu rarely agrees to public appearances. The more you talk about investments, the more you talk yourself into them. The perceived knowledge about a company increases for no reason. 6. ROIC Just like Charlie Munger, Li Lu emphasizes the importance of ROIC as a metric for superior performance and competitive advantages. The longer your holding period, the more your return will equal the ROIC of the underlying company. 7. Volatility As explained before, stock prices are a lot more volatile than the business behind that stock. Investors, therefore, should pay attention to slow, long-term changes in the business instead of stock prices. 8. Self Defense To Li Lu, the Margin of Safety is a concept of self-defense. Even if the company is more valuable than the market gives it credit for, the management could destroy this advantage. This possibility is something investors have to look out for. 9. Uninvestable Some industries are impossible to value. Li Lu gives the example of restaurants. Even if the business is great, there are little to no durable advantages. Investors shouldn’t try the impossible and just focus on what can be valued. You can find the whole Lecture on YouTube. I highly recommend watching it!

Daniel Mahncke

244,951 views • 3 years ago

🚨 NEW EPISODE FOR EUROPE'S MOST AMBITIOUS STARTUPS 🇪🇺 And this might easily be the best video we have done so far! The company, their product and the team is just insane. The goal of this company is to make money out of thin air – literally. No joke. TLDR: Heavy machinery, in the middle of London, easily one of the most cracked team is met in a while, and their first test site? A military base. What's crazy to me is that they are so heads down that nobody knows them yet… but still they already raised GBP 10M+ from the founders of stripe (Patrick Collison John Collison), Nat Friedman, Harry Stebbings, Pietro Invernizzi, taavet hinrikus and Plural and many more. The Company is RIVAN – Rivan Their product? Getting the CO2 out of the air and combine it with H2 from water -> to create gas, which they directly pump into the network grid to make money. The same kind of gas we currently have to pay Russia for… we fight wars for… just without drilling into the ground and releasing CO2, but "mining the sky" instead! This kind of tech is still in early stages – and tons of hypotheses have to be validated – but in the next five years the math can work out and if there's a team to figure this out, it's this one. I took my camera and visited Harvey Hodd and his team in their warehouse office in London and joined him to their first test site on a military base. I am a big fan of this guy. Intensity, obsession, technical competence. And the whole team is like this. In the video you will see how everything works… every machine… but also how they keep urgency in the team… how they pay people to move closer to the office… why they are already running a military base only a few months in… how this can even ever work economically… and how the hell do you avoid everything blowing up – literally. RIVAN – You can watch the full video on the youtube channel: Please RT + LIKE here and comment/share/like on youtube too please! Every little bit of engagement helps in youtube's algorithm! Let's frigging go! 👇

Andreas Klinger 🦾

21,897 views • 1 year ago

🔥🔥🔥🔥🔥🔥 MUST WATCH & SHARE! Dan Bongino is ON FIRE this morning about Thomas Massie and his crew: BONGINO: “Folks, I was pretty harsh on X last night after Tom Massie lost his primary as the incumbent congressman in Kentucky four. There's a lesson in this, folks, and the lesson is this. The lesson is that running with a bunch of failed comedians like that coward dipshit Dave Smith, who if you've seen pictures of him, they've been floating around the Internet. Looks like he got beat up a lot in high school. He's a tough guy, though, on X all the time. I'll end you. I'll end you. Yeah, you'll end us. Sure, buddy. I'm sure you've ended a lot of men. You've ended a lot of men, Dave. Jimmy Dore, another joker, maybe jumping in bed with Igor Third Reikland, maybe jumping into bed with a bunch of clowns and anti-Semitic losers with Nazi symbols and running around telling you how much they hate the Jews, blaming them for everything. Maybe it's a bad idea in a conservative primary. Maybe it's a really bad idea. It is a bad idea, because let me tell you something, we've been in this movement a lot longer. This is our party. You don't get to jump into the party, come on in there, take a big shit in the punch bowl, and then wonder why we handed you your ass on the way out the door despite being a decades long incumbent in office. You're not us. Stop pretending. Just admit you hang out with your foreign terror river to the sea people and go hang out on the left. You're not welcome here. Get the F out. We don't want you. I don't know what part of we don't want you. You're the type of people, a bunch of chumps and cowards and zeros. I feel bad. A lot of these clowns look like they got their asses kicked in high school a lot. I'm sorry. That shouldn't have happened to you. But your psychological trauma shouldn't be everybody's trauma. You don't get to come into the treehouse we built and then crap all over the place. And I wonder why we tossed your ass out.” Catch The Dan Bongino Show EVERY WEEKDAY on Rumble 🏴‍☠️ at 10am ET

MAGA Kitty

396,082 views • 4 months ago