Heroism is not the absence of fear. It is the courage to stand your ground when fear tells you to run, to defend what is right when silence would be easier, and to carry on when the odds are against you. History remembers those who dared to stand when others stepped aside.
Point72's head of business development Chandler Bocklage on the talent war and $50 to $100 million guarantees:
"I think you have to develop and you have to hire externally."
"Over 50% of the PMs in the firm have gone through LaunchPoint, or some iteration of it over time. And that will continue."
"Approximately 50% of the people that go into LaunchPoint are internal and some of them are external. That is not by design."
"We want people to know that they have a path forward to be a PM here."
"By the time they launch, you want it all to feel like something that's familiar. Because when something is brand new, it's hard. So we'll expose them to it before it's their name on the door."
@daveatherton What we call "white" today will soon dwindle. There may be regions in the world where it will still exist such as pockets of estern Europe. The low birth rates make this inevitable.