Nima Dilmaghani

[Nima Dilmaghani @nimadi]

@sabir_huss50540 Send

[signüll @signulll]

working at a big company is basically an accelerated course in how power actually works. once you see the sheer level of inefficiency, rent-seeking, & arbitrary decision-making, it kind of breaks all illusions about big companies.

the best part is realizing that half the people in charge have no clue what they’re doing but just sound confident. once you internalize that, you stop overestimating the competition & start realizing that most barriers to entry are just psychological.

[Sam Altman @sama]

insane thing: we are currently losing money on openai pro subscriptions!

people use it much more than we expected.

[Nima Dilmaghani @nimadi]

@elonmusk @DJSnM and a lot of it just sits there and is not even used

[Nima Dilmaghani @nimadi]

The taming of BTC. The chart below shows the ARR of BTC in case BTC was sold after 1, 2, 3, ..., 7 years from when it was bought for each day. It clearly shows how the ARR is stabilized over a longer hold period and returns diminish over time.

[Startup Archive @StartupArchive_]

Watch the full @stripe interview with Jensen Huang here: https://t.co/wtj0BHNGfh

[Startup Archive @StartupArchive_]

NVIDIA CEO Jensen Huang: “I really discourage 1-on-1s”

Jensen famously has 60 direct reports. When Stripe founder Patrick Collison points out that this isn’t conventionally considered best practice, Jensen shares his reasoning:

“I don’t do 1-on-1s, and almost everything I say, I say to everybody all the time. I don’t really believe there’s any information that I operate on that only one or two people should hear about… I believe that when you give everybody equal access to information, that empowers people. And so that’s number one… Number two, if the CEO’s direct staff is 60 people, the number of layers you’ve removed in a company is probably something like seven.”

Patrick offers to steal man the other side of the argument:

“1-on-1s are where you provide coaching, where you maybe talk through personal goals and career advancement, where maybe you give feedback on something that you see somebody systematically not doing so well… Do you not do those things or do you do them in a different way?”

Jensen responds:

“I give you feedback right there in front of everybody. In fact, this is a really big deal. First of all, feedback is learning. For what reason are you the only person who should learn this?… We should all learn from that opportunity… Half the time I’m not right, but for me to reason through it in front of everybody helps everybody learn how to reason through it. The problem I have with 1-on-1s and taking feedback aside is you deprive a whole bunch of people that same learning. Learning from other people’s mistakes is the best way to learn.”

Video Source: @stripe

[Mitch Lasky @mitchlasky]

There is an often-repeated but mistaken belief that core gamers and games companies in general are some sort of vanguard of innovative business thinking. I’ve heard this quite a bit lately in the context of crypto gaming. It’s wrong. 1/9

[Nima Dilmaghani @nimadi]

@cpkimball I am the founder of a stealthy new food tech startup in Silicon Valley. Want to share more info w u. Please DM me. Thx

[Nima Dilmaghani @nimadi]

@GerardAraud Actually, Iran agreed to Obama's terms spelled out in this 2010 letter. http://t.co/RZ0q6BgEvV @rezamarashi

[Nima Dilmaghani @nimadi]

Orzo Risotto with Buttery Shrimp http://t.co/0Dj2PBrwLX

[Nima Dilmaghani @nimadi]

Many thanks to @jason for putting together #launchsf

[Nima Dilmaghani @nimadi]

@intelliot nice to see you. Lets catch up

[Nima Dilmaghani @nimadi]

Ask. @rajil about cofounders at cofounder.co via @jasonnazar

[Nima Dilmaghani @nimadi]

@Bing is so much better than @google Great results, + I earn rewards 4 searching. #BingItOn with me: http://t.co/HpBWehGIa9

[Nima Dilmaghani @nimadi]

Great talk on unconventional entrepreneurship today by Ethan Imboden at @parisoma @jimmyjames_b

[Nima Dilmaghani @nimadi]

Are you a hacker or entrepreneur? Go to @LAUNCH Festival for free! Apply here: http://t.co/CBlohDR3 #launch2013

[Nima Dilmaghani @nimadi]

@loadsin Have you been down? I have been getting: "No snapshots could be made for this test." for last 36 hours.

[Nima Dilmaghani @nimadi]

A basket of truffles from @urbanitruffles at the fancy food show @nasft #wffs13 #truffles

[Nima Dilmaghani @nimadi]

@woodyp, I cant DM you because you are not following me. Strangely, twitter allows you to DM me because I follow you.