1/ On How Short Life Is
A few years ago, I was walking around in a blizzard in SoHo (New York). It was late, midnight, and it was beautiful.
Some friends, about 15 blocks away, called: "come over?"
It was late, it was cold, was tired, thought "maybe not worth it" but then...
MSCHF bought an original Andy Warhol for $20,000 and made 999 exact forgeries.
They mixed the original in and sold 1,000 pieces that *might be a real Warhol* for $250 each.
That’s $250k 🤌🏼
Here's what they did:
"Ma tante a essayé de me faire fumer, je devais avoir 7-8 ans..."
Autre temps, autres moeurs : quand des ados (et des pré-ados) racontent leur première cigarette !
Product builders are trained to ask: "Is our product better than the competition's?"
What they should be asking instead is: "Is our product better enough to motivate a change in behavior?"
There is a big difference.
If you are product manager or startup founder, you should definitely read this awesome post from @JenniferHli https://t.co/r0giCH0Bdg. The market for tools to make your products better has evolved a ton in the past few years.
A few days after I joined as head of biz dev at Facebook in 2006, MySpace announced a partnership w/Google worth $1B. I sent an internal email suggesting we pursue a similar deal and Zuck gave me a hunting license. Here's how I signed the biggest deal of my career with Microsoft:
Charlie Munger's favorite ever advertisement:
"The company that needs a new machine tool, and hasn't bought, is already paying for it."
Not just a beautiful ad but a beautiful metaphor.
Hats off to the Twitter team for their proactiveness & courage. Not everyone will understand how hard this is to pull off, thanks for doing the right thing here. You are all heroes. ❤️🙏🏾