hard to believe it’s been exactly 20 years since steve jobs gave this commencement address.
probably the closest thing tech has to scripture. not because of the prose, but because it beautifully compressed a whole cosmology.. death, intuition, rebellion into 15 minutes.
legacy isn’t how often people remember you, it’s how often they remember themselves differently because of you. this speech does that for me. still. over & over.
Most growth advice should come with an expiration date and an asterisk.
What worked yesterday in one industry, at one scale, or in one channel is likely useless today in yours.
Jensen Huang on why he rarely fires people and will instead “torture them into greatness”
Jensen once told Stripe founder Patrick Collison that he didn’t like firing people and seldomly did it. When asked to elaborate on this, Jensen responds:
“I’d rather improve you than give up on you. When you fire somebody, a lot of people will say ‘it wasn’t your fault,’ or ‘I made the wrong choice.’ But I used to clean bathrooms and now I’m the CEO of a company. I think you can learn it. There are a lot of things in life that I think you can learn and you just have to be given the opportunity to learn it… I don’t like giving up on people because I think they can improve.”
He continues:
“It’s kind of tongue in cheek, but people know I’d rather torture them into greatness. I’d rather torture you into greatness because I believe in you. And I think that coaches that really believe in their team torture them into greatness. Oftentimes they’re so close. Greatness will sometimes come in one day with an ‘I got it!’ — that feeling that you didn’t get it yesterday and all of a sudden one day something clicks. Could you imagine giving up that moment right before you got it? I don’t want you to give up on that, so I’ll just keep torturing you.”
Video source: @stripe (2024)
The Fed just dropped 50bps, and Wall Street’s already popping bottles.
In a move that screams “go big or go home,” Powell & Co. just handed the market what it wanted.
Now, let’s see what the hangover looks like.
With the rate cut debate at fever pitch and the Biden campaign in disarray, Jamie Dimon takes a powder on $JPM's earnings call. But he sent a note.
https://t.co/mBjCzkJDXJ
The Eethness Stakes is pretty good. Nice look at all the entrants dealing w this fire drill. Hearing the SEC wants revised 19b-4s returned to them by 10am tmrw morning (based on a bunch of comments they just received today) for likely approval as soon as Wed.
Some of the best analysis (hedge fund quality) that I’ve been seeing lately has been coming from Moby.
And they just revealed their #1 stock pick for 2024!
Find it right here:
https://t.co/Mc3S7ROaNK
@SnowwCrypto They are something else when it comes to passion.
Being able to see & witness it in action was remarkable (looking back now).
That level of consistency & commitment to the space fuels such great environments of people all striving for the same purpose with the same passion!
NEW: @100trillionUSD and @martypartymusic speculate ETFs like BlackRock may be front-loading #BTC through miners instead of exchanges to avoid impacting prices significantly.
This could explain the current hashrate surge while keeping exchange prices stable.
The sharp rise in hashrate since October 1st aligns with the SEC ETF "soft approval date" which marked onboarding into the SEC systems starting with Seed Basket verification and fees.
Based on historical hashrate-to-USD ratio, Bitcoin might ideally be at $55-58,000 now.