Here’s a simple definition and formula for manifested luck.
Definition: The surface area of your serendipity.
Formula: (Focus) * (Intention) * (Effort) * (Skill) * (Relationships)
What do each of these components mean?
I think there are 2 kinds of luck:
1. Pure Luck - This is the lottery. Your ticket is selected for no rhyme or reason.
2. Manifested Luck: This is formulaic. You individually can increase the probability of a positive outcome.
Focus on manifested luck.
Extremely useful chart as covid runs rampant in the UK and we all plan for Christmas
It shows how long after exposure to covid you will be detectable by a lateral flow test vs a PCR test if you do have it
And at what stages you are likely infectious
You don't want to be late for the (Crypto) party! 🥳 Our very own @tcoppel, who has been investing in crypto since 2014, speaks with Sifted on the crypto landscape amongst European VCs #FutureOfMoney#Crypto#fintech
https://t.co/ao3j6dHN4l
Starting out in your career?
Build 4 lists:
Things I love doing
Things I am exceptional at
Things I hate doing
Things I’m bad at
And review your career journey - which way is it taking you?
Plenty more career planning advice from @firstround
https://t.co/Zpz5fmQwWY
🧵How I fell for a NFT scam and what I learned from it
So it happened. I fell for an NFT scam. It wasn't for much money, but still stings. I feel like I should have been smart enough to avoid it.
TL;DR - if it sounds too good to be true, it probably is 👇🏿
I’ve met so many people who’ve told me they want to do a startup but don’t feel ready.
Well, you’ll never be ready - startups are crazy and wild, and nothing can prepare you for them.
The right way to decide if you’re ready is to assess your risk-reward ratio, not readiness.
It didn’t take me long in the crypto world to realize that it’s an ecosystem being fueled by the “House Money Effect”.
Having spent countless hours in the world of high stakes poker I recognized it instantly and now can’t stop seeing it everywhere I look. A short 🧵👇
Creators are key to Web3.
Web1 was about making information searchable & exchangeable. Google was the big winner.
Web2 was about platforms and gave us Facebook. But value flowed through platforms.
Web3 is about ownership: creators and communities capturing value *themselves*
9/ Just as many funds dominant in the 90s are irrelevant today, crypto may cause another restacking. Crypto-native funds will need to adapt. General funds have faced paradigm shifts - internet, mobile, cloud, Tiger, now crypto.
@laserlikemike Given risk aversion was very helpful for us evolutionary it’s not surprising to get a negative response to change most times. Maybe that’s why a concentration of risk loving individuals living in proximity in startup ecosystems are so powerful 😉
"When Elon Musk tweets about something, the value of that asset goes up, how can that be an asset?"
Well:
- The price of an asset is decided by the intersection of demand and supply.
- Elon has 65M followers on Twitter.
- It increases demand and the price goes up.
Duh?