For the average, money buys:
• Netflix
• $10 coffee
• Video games
For the rich, money buys:
• Rolex watches
• Fancy dinners
• Cars
For the wise, money buys:
• Time
• Freedom
• Experiences
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Marc Andreessen has grown a16z from their first fund of $300M in 2009 to over $25B+ in AUM as of 2022.
His framework for understanding any business is simple. It comes down to unpacking what he calls "the onion theory of risk."
Here's what he means...
The most underrated way to learn economics? YouTube 🎥
No. I don't mean for undergrads. I mean for academics and econ policy nerds!
Here are the best econ channels to learn from:
The most sought-after exec coach in Silicon Valley coached
@naval.
Then went on to coach the CEOs of Reddit, OpenAI, Coinbase....even Sequoia Capital.
Here’s the tool he uses to help Naval & CEOs unlock success AND happiness:
Credit repair companies offer to “fix your credit,” for hundreds or thousands of dollars.
We sent a DoNotPay employee to interview for jobs at credit repair companies to figure out how they do it so that we can automate it and replace them.
This is what we discovered:
My man @dharmesh had an interesting insight:
When Olympians are obsessed with training, we think how amazing. So dedicated! Inspiring!
But when people are obsessed with their work/job, people think how sad. You need a life! You need balance!
A map of the entire universe to (log) scale, by @budassiuniverse. Spacecraft, planets, large-scale galactic structures - they are all there if you zoom in. https://t.co/lfDqDLNfcx
Wall Street crashing, crypto melting, economy in transition.
Here are 20 top resources to help you think clearly, be resilient and keep building (no matter what):
The longest running study on happiness:
Harvard's 84 year old Study of Adult Development.
Here are 7 lessons from the study to help you live a happier life:
@sriramk Making a SaaS app "Enterprise Ready."
Lots of startups get Product-Market Fit, but then fail to win the wider market because they can't sell to enterprise. (eg Dropbox v Box, Slack v Teams)
I call it "Crossing the Enterprise Chasm" and gave a talk on it: https://t.co/I8xoTi9sxN
Task-oriented dialogue systems can revolutionize data exploration & digital assistants, but they require grounding language in context. SCoRe uses a pretraining method that encodes both data & conversation context to achieve cutting-edge results: https://t.co/xgD5cYndvZ #ICLR2021
I never understood why intermittent fasting would promote growth hormone levels. A very cool study in Cell Metabolism showed that Ghrelin (which is released when blood glucose is low), binds the growth hormone releasing hormone receptor. That’s how. https://t.co/shfCw144Hh