@pronounced_kyle Great book.
This stands out --> 'America’s GDP doubled from 1880 to 1900, thanks to fossil fuels'
Are we entering such a period again?
20 years to double GDP - incredible. No wonder it was such a golden era.
There is an odd correlation between the people most negative about tariffs (interference in foreign trade), and most positive about regulation (interference in domestic trade). What means?
Musk’s purchase of Twitter was a political game changer. Also important was his decision to hide people’s “likes” from other users. This diminished preference falsification on X. It also boosted the apparent popularity, and thus the circulation, of un- or anti-woke posts. (1/2)
Naval Ravikant’s advice to startup founders: “You only have to be right once”
Naval reflects on how it took 13 years after starting his first startup before eventually succeeding with AngelList (valued at $4.1B in 2022).
“Entrepreneurial ventures fail all the time. Most of my companies failed. I actually started seven companies, and I’ve launched about 40 or 50 projects over my career. And AngelList is the first one that I would truly say is product, market, entrepreneur fit for me that might succeed down the road.”
He tells the audience:
“It’s a low hit rate over your career, but you only have to be right once… So just keep trying, just keep iterating… a lot of it is market timing and you learn a lot of lessons.”
One of my favorite quotes on this topic comes from Sam Altman:
“’I will fail many times, and I will be really right once’ is the entrepreneurs’ way. You have to give yourself a lot of chances to get lucky.”
Video source: @twistartups@jason (2013)
“Our American ancestors turned a small group of colonies on the edge of a vast continent into a mighty republic of the most extraordinary citizens on Earth. No one comes close. Americans pushed thousands of miles through a rugged land of untamed wilderness. They crossed deserts, scaled mountains, braved untold dangers, won the Wild West, ended slavery, rescued millions from tyranny, lifted billions from poverty, harnessed electricity, split the atom, launched mankind into the heavens and put the universe of human knowledge into the palm of the human hand. If we work together, there is nothing we cannot do and no dream we cannot achieve.”
🇺🇸🚀💪
either the preemptive pardons are struck down, or we just began a new tradition in which every president, upon exiting office, preemptively pardons himself, his family, and everyone he's ever worked with. this creates a new class of american officially immune from law.
Anduril picks Ohio for Arsenal-1
Colossal raises $200M for the Wooly
Microsoft builds a model for novel materials
AI does 2 years of learning in 6 weeks in Nigeria
Space Week: Blue Origin, SpaceX, Firefly, ispace, Varda
What a week for the optimists.