Pretty amazing when a “Startup Home Run King” says something like that!
Here are some good blog reads for the upcoming weekend
- Black Swan Farming « Paul Graham Paul Graham talks about how counterintuitive startup investing is. I quickly nodded in agreement with his first point that there are very few big winners, but his second point is “super interesting – “that the best ideas initially look like bad ideas”. Here it is verbatim. the full post is very interesting.
The two most important things to understand about startup investing, as a business, are (1) that effectively all the returns are concentrated in a few big winners, and (2) that the best ideas look initially like bad ideas.
- Takeaways From The 100 Largest Public Companies « Elad Blog This is just so cool.
- stable and volatiles « rands in repose OMG. This is how engineering really works. Reminds me of an old Eric Ries post “engineering managers lament“
- How to Be a Grouch: A Vintage Sesame Street Guide to Grumpiness « Brain Pickings I loved this as a kid and … I still love it. The full book online.