Senior Advisor & Board member // 29 years in #PropTech // exCPO Datscha (19 years) // exPartner Stronghold Invest // Ironman x2 // Chipped with a RFID chip
Lots of VCs kindof sound like this: "Your basketball team doesn't have a moat, any healthy human can throw the ball into the basket thingy. "
People who have not run companies before don't understand how much the team matters more than some imagined structural moat.
Remember the Starbucks effect? It's faded: homes near a Starbucks are worth just 16% more than otherwise similar places. Meet the Club Pilates effect: homes nearby are 64% higher.
I heard a fascinating story about human behaviour today.
A tour guide at a historic castle was getting very high ratings from tourists.
They went to see what he was doing differently.
On several of the rooms he had used the red velvet ropes to block the doors.
These were normally used when the rooms were being repaired or cleaned. He had put them up at the beginning of each day.
During g the tour he would look around and say to the group “would you like to have a quick look in here?” And they would say yes in hushed tones.
He would ceremoniously unclip the rope and let them through into the room. A room that was always a normal part of every tour.
This simple little bit of theatre made people love the tour that much more.
Humans love what we can’t have.
This is awesome 😂
This sounds insane until you’ve been on enough date nights where you spend $250 to discuss the kids’ schedules in a different building.
The backstory is pretty great!
A married couple in San Diego wanted to get dressed up and go to a wedding. Problem was, they’d reached the age where nobody they knew was getting married anymore.
So they built a website where you can buy tickets to strangers’ weddings.
And the economics actually make sense.
The couple getting married has already committed to a venue minimum. Someone cancels. Now there’s an empty chair and a dinner they’re paying for either way.
Meanwhile, another couple would happily pay to eat, dance, have some cake and watch a best man make a series of increasingly questionable decisions with a microphone.
The hosts approve the guests. Guests verify their IDs. Everybody agrees to the arrangement.
Which is arguably more vetting than your cousin’s new boyfriend received.
Apparently one bride said the paying strangers brought so much energy to the dance floor that she wished she’d invited more.
Of course they did. Those people specifically bought tickets to be there. Half your actual guests are attending under a treaty negotiated between their mothers.
I love businesses like this. Find something people already paid for but can’t fully use. Find someone else who wants it. Make the introduction.
This guy just wanted to take his wife dancing and accidentally identified a liquidity problem in the wedding market.
Cue Vince Vaughn!
Researchers gave 2,000 unemployed people €560/month for two years and tracked them to see how they differed from otherwise eligible nonrecipients.
They didn't do any more or less crime. Nothing changed.
När Christian Steinbeck och undertecknad började publicera om vindkraftens förluster fick vi höra att åtminstone Vattenfalls vindkraft går bra.
Bara ett problem med detta: det stämmer inte.
Bolagets svenska vindkraft förlorar nu pengar för sjätte året i rad.
Den här gången mer än en miljard.
Man skjuter in 3,5 miljarder i aktieägartillskott och tror alltjämt på "varaktigt hög efterfrågan på konkurrenskraftig vindkraftsbaserad elproduktion."
Fler siffror och detaljer ur bolagets årsredovisningar finns på länk till @AFV_magasin.
https://t.co/KnWCTg457z
Reminder not having a long commute is one of the biggest life upgrades. You never normalize against this, like you would a very good or very bad event (the commuting paradox, described in the Scandinavian Journal of Economics). Moving closer to work or going remote is worth it
One of my dear friends @GustavS taught me:
The details are not the details. They are the product.
An example of this is with every 20VC update; I send 184 personalized emails to 184 different LPs. Each one fully personal. It takes me 10-12 hours one Sunday per quarter.
Response rate: 94%
Response rate on group email: 18%
Use every chance to show your customer (founder or LP) that you think differently.