This is Starbase, Texas at 7:18 pm on March 13 and it’s an inspiration to see it. Being here is, for many people, a chance witness what is certainly humanity’s one hope to making it to Mars.
New w/ @markgurman: Social Capital said it fired two partners, Jay Zaveri and Ravi Tanuku, and has hired Wachtell to investigate a situation that it became aware of last Tuesday.
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First principles thinking is one of the most effective strategies you can employ for breaking down complicated problems and generating original solutions
First principles thinking is the act of boiling a process down to the fundamental parts that you know are true and building up from there. Let’s discuss how you can utilize first principles thinking in your life and work.
In theory, first principles thinking requires you to dig deeper and deeper until you are left with only the foundational truths of a situation.
In 2002, @elonmusk began his quest to send the first rocket to Mars—an idea that would eventually become the aerospace company SpaceX.
He ran into a major challenge right off the bat. After visiting a number of aerospace manufacturers around the world, Musk discovered the cost of purchasing a rocket was astronomical—up to $65 million. Given the high price, he began to rethink the problem.
“I tend to approach things from a physics framework,” Musk said in an interview. “Physics teaches you to reason from first principles rather than by analogy. So I said, okay, let’s look at the first principles. What is a rocket made of? Aerospace-grade aluminum alloys, plus some titanium, copper, and carbon fiber. Then I asked, what is the value of those materials on the commodity market? It turned out that the materials cost of a rocket was around two percent of the typical price.”
Instead of buying a finished rocket for tens of millions, Musk decided to create his own company, purchase the raw materials for cheap, and build the rockets himself. @SpaceX was born.
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It’s sometimes hard to keep your eyes open during online meetings. Science can explain that—and offer solutions as well. https://t.co/iDzFZzaOAk https://t.co/iDzFZzaOAk
Is Venezuela fixed? No, it's just preoccupied. @giselasalimp reports on a rapper, a true-crime story, and the politics of distraction: https://t.co/Qs2luuDnb3