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Very insightful explanation from CoreWeave co-founder and CSO Brian Venturo on why Bitcoin miners now trying to pivot into becoming AI cloud providers will struggle. If I were a betting man, I’d wager the “Company being pumped on X” discussed below is $IREN. “I saw a company that was... show more

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Why is the Midjourney team uniquely qualified to build medical hardware? Beff (e/acc), founder of Extropic: "David's a trained physicist. He worked at NASA. He was a founder of Leap Motion, which is completely slept on as one of the first major projects he worked on." "What I really like about that team is that a lot of the same team from Leap Motion followed David into Midjourney and now into this hardware exploration." "They were training neural nets before there was TensorFlow, before there was GPUs. They did it on CPUs, and they had some of the first neural network technology deployed in a consumer product." "So people are like, 'Why would a gen AI company pivot into medical devices?' It's really folks that came from the hardware world finding this unique blend between neural nets and hardware to achieve things people didn't think were possible." "If it's physically possible, I very much have faith that that team can pull it off."

Why is the Midjourney team uniquely qualified to build medical hardware? Beff (e/acc), founder of Extropic: "David's a trained physicist. He worked at NASA. He was a founder of Leap Motion, which is completely slept on as one of the first major projects he worked on." "What I really like about that team is that a lot of the same team from Leap Motion followed David into Midjourney and now into this hardware exploration." "They were training neural nets before there was TensorFlow, before there was GPUs. They did it on CPUs, and they had some of the first neural network technology deployed in a consumer product." "So people are like, 'Why would a gen AI company pivot into medical devices?' It's really folks that came from the hardware world finding this unique blend between neural nets and hardware to achieve things people didn't think were possible." "If it's physically possible, I very much have faith that that team can pull it off."

MTS

62,195 Aufrufe • vor 2 Monaten

Elon Musk on building a company: “There are periods where it’s just awful” “A lot of times people think creating a company is going to be fun. I would say it’s really not that fun. There are periods of fun, and there are periods where it’s just awful. Particularly if you’re the CEO of the company. You actually have a distillation of all the worst problems in the company. There’s no point in spending your time on things that are going right. So you only spend your time on things that are going wrong that other people can’t take care of… the most pernicious and painful problems.” Elon believes founders need to have a “fairly high pain threshold” and explains that starting a company is like “staring into the abyss and eating glass.” “The staring into the abyss part is that you’re going to be constantly facing the extermination of the company because most startups fail… You’re constantly saying, okay, if I don’t get this right, the company will die. It’s going to be quite stressful. And then the eating glass part is you’ve got to work on the problems that the company needs you to work on, not the problems you want to work on. And so you end up working on problems that you’d really wish you weren’t working on… And that goes on for a long time.” Source: Khan Academy (Apr 2013)

Elon Musk on building a company: “There are periods where it’s just awful” “A lot of times people think creating a company is going to be fun. I would say it’s really not that fun. There are periods of fun, and there are periods where it’s just awful. Particularly if you’re the CEO of the company. You actually have a distillation of all the worst problems in the company. There’s no point in spending your time on things that are going right. So you only spend your time on things that are going wrong that other people can’t take care of… the most pernicious and painful problems.” Elon believes founders need to have a “fairly high pain threshold” and explains that starting a company is like “staring into the abyss and eating glass.” “The staring into the abyss part is that you’re going to be constantly facing the extermination of the company because most startups fail… You’re constantly saying, okay, if I don’t get this right, the company will die. It’s going to be quite stressful. And then the eating glass part is you’ve got to work on the problems that the company needs you to work on, not the problems you want to work on. And so you end up working on problems that you’d really wish you weren’t working on… And that goes on for a long time.” Source: Khan Academy (Apr 2013)

Startup Archive

74,562 Aufrufe • vor 27 Tagen

Elon Musk explains why the CEO must work on the “most pernicious and painful problems” “A lot of times people think creating a company is going to be fun. I would say it’s really not that fun. There are periods of fun, and there are periods where it’s just awful. Particularly if you’re the CEO of the company. You actually have a distillation of all the worst problems in the company. There’s no point in spending your time on things that are going right. So you only spend your time on things that are going wrong that other people can’t take care of… the most pernicious and painful problems.” Elon believes founders need to have a “fairly high pain threshold” and explains that starting a company is like “staring into the abyss and eating glass.” “The staring into the abyss part is that you’re going to be constantly facing the extermination of the company because most startups fail… You’re constantly saying, okay, if I don’t get this right, the company will die. It’s going to be quite stressful. And then the eating glass part is you’ve got to work on the problems that the company needs you to work on, not the problems you want to work on. And so you end up working on problems that you’d really wish you weren’t working on… And that goes on for a long time.” Video source: Khan Academy

Elon Musk explains why the CEO must work on the “most pernicious and painful problems” “A lot of times people think creating a company is going to be fun. I would say it’s really not that fun. There are periods of fun, and there are periods where it’s just awful. Particularly if you’re the CEO of the company. You actually have a distillation of all the worst problems in the company. There’s no point in spending your time on things that are going right. So you only spend your time on things that are going wrong that other people can’t take care of… the most pernicious and painful problems.” Elon believes founders need to have a “fairly high pain threshold” and explains that starting a company is like “staring into the abyss and eating glass.” “The staring into the abyss part is that you’re going to be constantly facing the extermination of the company because most startups fail… You’re constantly saying, okay, if I don’t get this right, the company will die. It’s going to be quite stressful. And then the eating glass part is you’ve got to work on the problems that the company needs you to work on, not the problems you want to work on. And so you end up working on problems that you’d really wish you weren’t working on… And that goes on for a long time.” Video source: Khan Academy

Startup Archive

41,111 Aufrufe • vor 1 Jahr

TJR reveals he took a six figure loss on Bitcoin “I got out of all my Bitcoin, I’m just in stables right now” “I was buying a bunch as it came down from $100,000 into the $90,000s. I put in close to like $1,500,000” “Obviously that’s gonna hurt. I’m gonna lose six figures on it but I’d rather take that loss and allocate that money elsewhere”

TJR reveals he took a six figure loss on Bitcoin “I got out of all my Bitcoin, I’m just in stables right now” “I was buying a bunch as it came down from $100,000 into the $90,000s. I put in close to like $1,500,000” “Obviously that’s gonna hurt. I’m gonna lose six figures on it but I’d rather take that loss and allocate that money elsewhere”

Jack

133,577 Aufrufe • vor 3 Monaten

$MSTR It looks increasingly likely that some Bitcoin has been sold to help fund the upcoming $STRC dividend payment on May 31st. And honestly, if you’ve been following the company closely, this shouldn’t come as a surprise. Both Saylor and Phong have repeatedly hinted since the earnings call that Bitcoin sales were now part of the company’s available capital allocation levers. Given that $MSTR hasn’t exactly been trading in strength, utilizing some of the unrealized tax losses tied to higher-cost-basis Bitcoin purchases, while that window still exists, actually makes a lot of sense. (Credit to ₿itcoin ₿eliever who’s put out extensive work predicting this) Personally, I think it’s a good decision. It shows the evolution of the company and its willingness to actively utilize another lever from its evolving playbook, which ultimately only strengthens its capital market operations over time. That said, if a Bitcoin sale is officially announced next week, shareholders should probably prepare for the narrative that follows. The headlines will inevitably paint it negatively. The bears will claim it’s over. And X will most certainly become a colorful place for a couple weeks. But nothing changes fundamentally. The company is still well on its way to becoming the largest Bitcoin holder on the planet and remains on track to approach the 1 million mark sometime this year. Interesting times ahead. $BTC $MSTR $STRC

$MSTR It looks increasingly likely that some Bitcoin has been sold to help fund the upcoming $STRC dividend payment on May 31st. And honestly, if you’ve been following the company closely, this shouldn’t come as a surprise. Both Saylor and Phong have repeatedly hinted since the earnings call that Bitcoin sales were now part of the company’s available capital allocation levers. Given that $MSTR hasn’t exactly been trading in strength, utilizing some of the unrealized tax losses tied to higher-cost-basis Bitcoin purchases, while that window still exists, actually makes a lot of sense. (Credit to ₿itcoin ₿eliever who’s put out extensive work predicting this) Personally, I think it’s a good decision. It shows the evolution of the company and its willingness to actively utilize another lever from its evolving playbook, which ultimately only strengthens its capital market operations over time. That said, if a Bitcoin sale is officially announced next week, shareholders should probably prepare for the narrative that follows. The headlines will inevitably paint it negatively. The bears will claim it’s over. And X will most certainly become a colorful place for a couple weeks. But nothing changes fundamentally. The company is still well on its way to becoming the largest Bitcoin holder on the planet and remains on track to approach the 1 million mark sometime this year. Interesting times ahead. $BTC $MSTR $STRC

Zaid 🟧

98,646 Aufrufe • vor 2 Monaten

Would you bet EVERYTHING on one idea? Michael Saylor did. Michael is a technology entrepreneur and the founder of the company now called Strategy. Long before Bitcoin, he built businesses in business intelligence, speech recognition and smart-home technology. Today, he is probably best known for turning his company into the world’s largest corporate holder of Bitcoin. In 2020, his company was worth around $600 million when he made what I described to him as an “early, very contrarian bet on Bitcoin”. At its peak, the company reached roughly $125 billion. I wanted to understand what Michael saw that almost everyone else didn’t, where that level of conviction comes from, and why his thinking goes far beyond Bitcoin. We discussed things like: - How he says AI helped him create $15 billion last year. - Why he believes buying a house might not be the best way to build wealth. - What he would study if he was 18 today. - Which careers AI could completely transform. - What is happening to the value of the money sitting in your bank. - Why he still has such enormous conviction in Bitcoin. Michael’s whole point is that technology, money and careers are not separate conversations. He sees them as connected parts of where the world is heading, and believes the decisions we make now could matter far more than most people realise. Even if you see the world differently to Michael, there is a lot to take from the way he thinks. His experience building technology companies, making enormous financial bets and thinking deeply about AI gives him a perspective on money, work and the future that is worth listening to. Out now on all platforms. Let me know what you think of this one in the comments ❤️👊🏾

Would you bet EVERYTHING on one idea? Michael Saylor did. Michael is a technology entrepreneur and the founder of the company now called Strategy. Long before Bitcoin, he built businesses in business intelligence, speech recognition and smart-home technology. Today, he is probably best known for turning his company into the world’s largest corporate holder of Bitcoin. In 2020, his company was worth around $600 million when he made what I described to him as an “early, very contrarian bet on Bitcoin”. At its peak, the company reached roughly $125 billion. I wanted to understand what Michael saw that almost everyone else didn’t, where that level of conviction comes from, and why his thinking goes far beyond Bitcoin. We discussed things like: - How he says AI helped him create $15 billion last year. - Why he believes buying a house might not be the best way to build wealth. - What he would study if he was 18 today. - Which careers AI could completely transform. - What is happening to the value of the money sitting in your bank. - Why he still has such enormous conviction in Bitcoin. Michael’s whole point is that technology, money and careers are not separate conversations. He sees them as connected parts of where the world is heading, and believes the decisions we make now could matter far more than most people realise. Even if you see the world differently to Michael, there is a lot to take from the way he thinks. His experience building technology companies, making enormous financial bets and thinking deeply about AI gives him a perspective on money, work and the future that is worth listening to. Out now on all platforms. Let me know what you think of this one in the comments ❤️👊🏾

Steven Bartlett

144,446 Aufrufe • vor 18 Tagen

Dylan Field on his biggest learnings from Figma’s 0 to 1 phase Figma’s 0 to 1 phase was notoriously long. The company was founded in 2012, but it took four years before they publicly launched their product in 2016. Figma co-founder Dylan Field reflects on what he learned from this period: “From August 2012 to June of 2013, that was a period where we were pivoting constantly trying lots of things. But then we had a thesis, felt like there was an opportunity, and started to build it out more. Then it was like, ‘Okay, this is going to take a while.’ In retrospect, we were lucky to have raised money and have resources, but I should have hired faster once we started to get signal from the market that we had product/market fit.” Dylan recalls going to a user study with a friend who was a designer at Coursera. The following day, his friend sent over a 12-page document listing all of the stuff he wanted Dylan to build into Figma. “I should’ve taken something like that and gone, ‘Okay, this is clear product/market pull.’ The market was pulling the product out of us. I should’ve then gone and hired faster. But instead I was still very cautious. And so that’s something where I wish — if I could go back in time — we would’ve gone a little faster there.” Sam Altman gives similar advice: “In the early days, when you’re experimenting and zig zagging, you’re like a fast little speed boat and want to be able to turn the whole company on a dime. You can’t do that if you’re a big company—cash burn aside, which is another problem. The flexibility of the company basically decreases with the square of the number of employees, so you want to stay really small until you’re sure things are working. Once things are working, then you can get really big.” Video source: Y Combinator (2025)

Dylan Field on his biggest learnings from Figma’s 0 to 1 phase Figma’s 0 to 1 phase was notoriously long. The company was founded in 2012, but it took four years before they publicly launched their product in 2016. Figma co-founder Dylan Field reflects on what he learned from this period: “From August 2012 to June of 2013, that was a period where we were pivoting constantly trying lots of things. But then we had a thesis, felt like there was an opportunity, and started to build it out more. Then it was like, ‘Okay, this is going to take a while.’ In retrospect, we were lucky to have raised money and have resources, but I should have hired faster once we started to get signal from the market that we had product/market fit.” Dylan recalls going to a user study with a friend who was a designer at Coursera. The following day, his friend sent over a 12-page document listing all of the stuff he wanted Dylan to build into Figma. “I should’ve taken something like that and gone, ‘Okay, this is clear product/market pull.’ The market was pulling the product out of us. I should’ve then gone and hired faster. But instead I was still very cautious. And so that’s something where I wish — if I could go back in time — we would’ve gone a little faster there.” Sam Altman gives similar advice: “In the early days, when you’re experimenting and zig zagging, you’re like a fast little speed boat and want to be able to turn the whole company on a dime. You can’t do that if you’re a big company—cash burn aside, which is another problem. The flexibility of the company basically decreases with the square of the number of employees, so you want to stay really small until you’re sure things are working. Once things are working, then you can get really big.” Video source: Y Combinator (2025)

Startup Archive

39,718 Aufrufe • vor 1 Jahr

🚨 ELON: STARTING A COMPANY IS BRUTAL “A lot of times, people think creating a company is going to be fun. I would say it’s not. There’s no point in spending your time on things that are going right because you’re only spending your time on things that are going wrong. A friend says ‘Starting a company is like staring into the abyss and eating glass.’ Most startups fail—90%, arguably 99%, of startups fail. That’s the ‘staring into the abyss’ part. The ‘eating glass’ part is that you will work on the problems the company needs you to solve, not the problems you want to work on.” Source: Historic Vids

🚨 ELON: STARTING A COMPANY IS BRUTAL “A lot of times, people think creating a company is going to be fun. I would say it’s not. There’s no point in spending your time on things that are going right because you’re only spending your time on things that are going wrong. A friend says ‘Starting a company is like staring into the abyss and eating glass.’ Most startups fail—90%, arguably 99%, of startups fail. That’s the ‘staring into the abyss’ part. The ‘eating glass’ part is that you will work on the problems the company needs you to solve, not the problems you want to work on.” Source: Historic Vids

Mario Nawfal

491,335 Aufrufe • vor 2 Jahren

Public Bitcoin Miners Are Going Extinct as AI Compute Takes Over "TeraWulf signs 19 billion lease with Anthropic for AI infrastructure campus, expects to bring 400 megawatts of computing power online by 2028" "It's $19 billion contract for 20 years, basically just to host AI infrastructure instead of Bitcoin mining infrastructure for a company that's entire market cap is $12 billion ... this one deal alone is bigger than all of TeraWulf" "So I believe we've seen 70 billion plus dollars in AI compute contracts for the artists formerly known as Bitcoin miners" "At the same time that these miners are wholesale moving over to AI, they're also now selling Bitcoin and have ceased to be holders" "And I really do think that public Bitcoin miners are largely going to become extinct. They're going to be AI compute centers that occasionally probably maybe decide to mine a little bit of Bitcoin"

Public Bitcoin Miners Are Going Extinct as AI Compute Takes Over "TeraWulf signs 19 billion lease with Anthropic for AI infrastructure campus, expects to bring 400 megawatts of computing power online by 2028" "It's $19 billion contract for 20 years, basically just to host AI infrastructure instead of Bitcoin mining infrastructure for a company that's entire market cap is $12 billion ... this one deal alone is bigger than all of TeraWulf" "So I believe we've seen 70 billion plus dollars in AI compute contracts for the artists formerly known as Bitcoin miners" "At the same time that these miners are wholesale moving over to AI, they're also now selling Bitcoin and have ceased to be holders" "And I really do think that public Bitcoin miners are largely going to become extinct. They're going to be AI compute centers that occasionally probably maybe decide to mine a little bit of Bitcoin"

The Wolf Of All Streets

27,339 Aufrufe • vor 1 Monat

Before the release of Drake albums, ICEMAN, MAID OF HONOUR, HABIBTI, Emmanuel Acho says he doesn’t know if anything on the album is going to be like “one dance” or “non stop” and he doesn’t know if anything on the album is going to be a song that will be played in the next 5, 10, and 15 years from now because what songs that have come out in the last 3 to 5 years are we still playing👀🫩 “The market is so saturated right now that i don’t know if anything off this album is gonna be like one dance, i don’t know id anything off this album is gonna be like non stop, i don’t know if anything on this album is going to be a song that we playing 5, 10, 15 years from now, because what songs that have come out in the last three to five years are we still playing”

Before the release of Drake albums, ICEMAN, MAID OF HONOUR, HABIBTI, Emmanuel Acho says he doesn’t know if anything on the album is going to be like “one dance” or “non stop” and he doesn’t know if anything on the album is going to be a song that will be played in the next 5, 10, and 15 years from now because what songs that have come out in the last 3 to 5 years are we still playing👀🫩 “The market is so saturated right now that i don’t know if anything off this album is gonna be like one dance, i don’t know id anything off this album is gonna be like non stop, i don’t know if anything on this album is going to be a song that we playing 5, 10, 15 years from now, because what songs that have come out in the last three to five years are we still playing”

flame⛧

25,662 Aufrufe • vor 3 Monaten

Matthew Kratter of Bitcoin University on being self sovereign with Bitcoin: "The Michael Saylor followers right now who think that they're somehow Bitcoiners when they own a preferred stock that sits in their brokerage account and can be censored at any time... There's operational risks with that and there's leverage risks. And the actual Bitcoin that secures the assets of the balance sheet of the company is sitting at various custodians." "Having things in centralized places, having Bitcoin IOUs or anything like this is a big mistake." "If you don't know how to move Bitcoin around, if you don't know how to send it on-chain... you're going to be dependent on larger services. And the risk is that those don't even have the Bitcoin that they say that they do."

Matthew Kratter of Bitcoin University on being self sovereign with Bitcoin: "The Michael Saylor followers right now who think that they're somehow Bitcoiners when they own a preferred stock that sits in their brokerage account and can be censored at any time... There's operational risks with that and there's leverage risks. And the actual Bitcoin that secures the assets of the balance sheet of the company is sitting at various custodians." "Having things in centralized places, having Bitcoin IOUs or anything like this is a big mistake." "If you don't know how to move Bitcoin around, if you don't know how to send it on-chain... you're going to be dependent on larger services. And the risk is that those don't even have the Bitcoin that they say that they do."

Simply Bitcoin

20,525 Aufrufe • vor 2 Monaten

Jack Dorsey, co-founder of Twitter (now X) and Block, on why treating AI as a "copilot" is a losing strategy: jack argues that most companies are approaching AI in a way that will make it nearly impossible for them to survive. "I think most of the industry is thinking about AI as like a co-pilot, as something that is augmented onto, rather than like how do you just rebuild our whole company with this as the core." His concern is that bolting AI onto existing structures produces companies that look indistinguishable from each other, and from the AI labs themselves. "If it doesn't make sense for your business to do that and you end up being or looking very similar or rhyming too closely with the frontier labs, then I think it's going to be very, very challenging to differentiate and survive." This thinking has been driving his decisions since early 2024, when these tools "really came to bear." That's when his team began building Goose, an agent coding harness, as part of a broader effort to rebuild around AI rather than layer it on top. The core insight? Speeding up old workflows with AI is a short-term gain every competitor will match. Real differentiation comes from rebuilding the company itself around intelligence.

Jack Dorsey, co-founder of Twitter (now X) and Block, on why treating AI as a "copilot" is a losing strategy: jack argues that most companies are approaching AI in a way that will make it nearly impossible for them to survive. "I think most of the industry is thinking about AI as like a co-pilot, as something that is augmented onto, rather than like how do you just rebuild our whole company with this as the core." His concern is that bolting AI onto existing structures produces companies that look indistinguishable from each other, and from the AI labs themselves. "If it doesn't make sense for your business to do that and you end up being or looking very similar or rhyming too closely with the frontier labs, then I think it's going to be very, very challenging to differentiate and survive." This thinking has been driving his decisions since early 2024, when these tools "really came to bear." That's when his team began building Goose, an agent coding harness, as part of a broader effort to rebuild around AI rather than layer it on top. The core insight? Speeding up old workflows with AI is a short-term gain every competitor will match. Real differentiation comes from rebuilding the company itself around intelligence.

Big Brain AI

862,719 Aufrufe • vor 3 Monaten

I am so happy to hear that Jeff Booth ⚡️ has read the CAPTURE articles. And that he found that what it reveals matches exactly what he would expect if a centralized group performed a social attack on Bitcoin. Never forget that Adam Back is crusading X trying to prevent people from reading and informing themselves on the state of Bitcoin Core.

I am so happy to hear that Jeff Booth ⚡️ has read the CAPTURE articles. And that he found that what it reveals matches exactly what he would expect if a centralized group performed a social attack on Bitcoin. Never forget that Adam Back is crusading X trying to prevent people from reading and informing themselves on the state of Bitcoin Core.

hodlonaut #BIP-110

31,017 Aufrufe • vor 1 Monat

Yes. And this is not a new idea but one that I have been consistent on for a long time. The clip below is from one of my Youtube videos that was shared on my Youtube channel 9 months ago- back when Bitcoin was trading just under 100k and many were saying that the "cycle top was in". In this sub 2 minute clip I break down my expectations if the top WAS in (I also said I didn't believe this to be the case) and shared why even if our top was in I would still expect our massive alt season. Of course, our top was in fact NOT in, and we went on to make a fresh impulse off the 74k level. That being said, the same logic I applied at that time can be applied to today's situation if we were to assume once again that the top is already in (and again, I don't believe it is). Bottom line- whether the top is in or not- it doesn't change the fact that the best is yet to come for alts as I have repeated for years now that the biggest alt season will come post $BTC top, whether that is NOW or after $BTC climbs higher, somewhere above 150k+ (which is my expectation as long as 74k is not breached).

Yes. And this is not a new idea but one that I have been consistent on for a long time. The clip below is from one of my Youtube videos that was shared on my Youtube channel 9 months ago- back when Bitcoin was trading just under 100k and many were saying that the "cycle top was in". In this sub 2 minute clip I break down my expectations if the top WAS in (I also said I didn't believe this to be the case) and shared why even if our top was in I would still expect our massive alt season. Of course, our top was in fact NOT in, and we went on to make a fresh impulse off the 74k level. That being said, the same logic I applied at that time can be applied to today's situation if we were to assume once again that the top is already in (and again, I don't believe it is). Bottom line- whether the top is in or not- it doesn't change the fact that the best is yet to come for alts as I have repeated for years now that the biggest alt season will come post $BTC top, whether that is NOW or after $BTC climbs higher, somewhere above 150k+ (which is my expectation as long as 74k is not breached).

CrediBULL Crypto

271,056 Aufrufe • vor 9 Monaten

Brian Armstrong (Brian Armstrong ) on why founder-led companies are special: Brian: We thought maybe 50% of the company would resign. David: What would've happened if 50% of the company resigned? Brian: We would've built it all back. This is actually a very important point because I think there's a big difference between a founder and a presider of a company. I know that I could build it back because I started it when it was just me on a laptop. And I was there when it was 10 people and 100 people and 1,000 people. And if we need to go from 2000 to 1000 that's not a big deal to me. I could go back to being on my laptop again if I had to. There's this great Lee Kuan Yew [founder of Singapore] speech that he gave when he was dealing with a strike that was happening. He says in this speech, and it gives me chills every time, he says I sat across the table from them and said get back to work. I will not allow you to bring this country down. And if you don’t do it, I’m prepared to rebuild it all from scratch again. And he said anyone who rules Singapore has to have iron in their veins. I will rebuild it all from scratch. I was watching videos like that and was like this is what I need to do as a leader. It was very inspiring. There are moments like that. You have to stand up and say: We're going in this direction and if you're not on board with it, that’s okay, you can leave. But we're going this way. That's leadership.

Brian Armstrong (Brian Armstrong ) on why founder-led companies are special: Brian: We thought maybe 50% of the company would resign. David: What would've happened if 50% of the company resigned? Brian: We would've built it all back. This is actually a very important point because I think there's a big difference between a founder and a presider of a company. I know that I could build it back because I started it when it was just me on a laptop. And I was there when it was 10 people and 100 people and 1,000 people. And if we need to go from 2000 to 1000 that's not a big deal to me. I could go back to being on my laptop again if I had to. There's this great Lee Kuan Yew [founder of Singapore] speech that he gave when he was dealing with a strike that was happening. He says in this speech, and it gives me chills every time, he says I sat across the table from them and said get back to work. I will not allow you to bring this country down. And if you don’t do it, I’m prepared to rebuild it all from scratch again. And he said anyone who rules Singapore has to have iron in their veins. I will rebuild it all from scratch. I was watching videos like that and was like this is what I need to do as a leader. It was very inspiring. There are moments like that. You have to stand up and say: We're going in this direction and if you're not on board with it, that’s okay, you can leave. But we're going this way. That's leadership.

David Senra

100,936 Aufrufe • vor 5 Monaten

Did you know that when you buy a ticket to a #WWE event like #WWERaw you’re basically entering into a contract with the company? I break that down and more of how this impacts you on our latest video in the link below!

Did you know that when you buy a ticket to a #WWE event like #WWERaw you’re basically entering into a contract with the company? I break that down and more of how this impacts you on our latest video in the link below!

David Otunga

23,974 Aufrufe • vor 9 Monaten

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."

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 Aufrufe • vor 4 Monaten

Tesla is a robotics company. It is a machine that builds machines. All of the work they’re doing on cars translates to the Optimus robot. And if there’s a shortlist of companies that will benefit from an intelligence explosion from AI? Tesla is on that list.

Tesla is a robotics company. It is a machine that builds machines. All of the work they’re doing on cars translates to the Optimus robot. And if there’s a shortlist of companies that will benefit from an intelligence explosion from AI? Tesla is on that list.

Mckay Wrigley

84,249 Aufrufe • vor 1 Jahr

Absolutely love this bit from Jeff Bezos. The simplest explanation on building a business and being founder. 🎯 "Benjamin Graham the great investor is famous for saying in the short term the stock market is a voting machine in the long term it's a weighing machine and so as founders and entrepreneurs and business people our job is to build a heavy company. We want to build a company that when it is weighed it is a very heavy company we do not want to focus on the stock price" --- From 'DRM News' YT Channel

Absolutely love this bit from Jeff Bezos. The simplest explanation on building a business and being founder. 🎯 "Benjamin Graham the great investor is famous for saying in the short term the stock market is a voting machine in the long term it's a weighing machine and so as founders and entrepreneurs and business people our job is to build a heavy company. We want to build a company that when it is weighed it is a very heavy company we do not want to focus on the stock price" --- From 'DRM News' YT Channel

Rohan Paul

302,890 Aufrufe • vor 10 Monaten