Quartz Capital

Action is the best medicine.

Focused on Tech (mainly AI and automation) - Biotech - Renewables

Big stuff cookin' up

[Paul Graham @paulg]

One of the most striking things you learn from having kids is how much you took your parents for granted.

[Romeen Sheth @RomeenSheth]

2012: $FB bought Instagram for $1 billion

2021: Instagram would independently be valued at $500B+

Has there ever been a better acquisition? If so, list it below.

[Andrew Wilkinson @awilkinson]

The issue with Clubhouse is it’s high effort, low signal.

For the listener:

- Lots of boring spots that a pod would edit out
- boring interruptions
- can’t scrub fw or pause

And interviewer:

- same amount of work as podcast with a fraction of the audience audience

[Quartz Capital @quartz_capital]

In all seriousness tho

[Nikita Bier @nikitabier]

65% of the world is lactose intolerant.
Why isn't there a billion dollar company adding the lactose enzyme to every popular dairy product?
Instead, we have a bunch of nerds trying to milk oats, when everyone know it's garbage compared to the real thing.

[Nikita Bier @nikitabier]

65% of the world is lactose intolerant.
Why isn't there a billion dollar company adding the lactose enzyme to every popular dairy product?
Instead, we have a bunch of nerds trying to milk oats, when everyone know it's garbage compared to the real thing.

[Sahil Lavingia @shl]

No one knows how to do anything until they do it.

[Andrew Wilkinson @awilkinson]

Most founders are scared of marketing.

They think it's douchey.

Instead, they do Field Of Dreams marketing:

"If you build it, they will come".

They won't. You need marketing.

The problem is, most marketers are aggressive.

They think in clicks and funnels, not brand...

[Quartz Capital @quartz_capital]

Crazy!

[Karn Saroya @karnsaroya]

I’ve now talked to half a dozen founders who recently raised seed rounds at $20-40M pre - with just a demo. 🤯

[Nick Huber @sweatystartup]

Apple makes $1.85 million in revenue per employee.

[Shaan Puri @ShaanVP]

So... everyone seems to think clubhouse is the "next big thing" - but I think it's going to fail.

Here's how I think it all goes down..

[Shaan Puri @ShaanVP]

don't say i didn't tell ya 🤐🤐

[Shane Parrish @shaneparrish]

We undervalue simple ideas and overvalue complicated ones.

Complicated doesn't mean correct. Simple doesn't mean simplistic.

[Balaji @balajis]

Robotics > demographics

Instagram only needed 13 people to outcompete Kodak's 13,000+. That 1000X productivity advantage has begun to manifest in the physical world.

[Nick Huber @sweatystartup]

Likability is way more important than you think it is.

How to be likeable?

Here is the secret:

Be in a good mood, tell good stories, and ask good questions.

[Ian Cassel @iancassel]

In 1948, Ben Graham broke his rules and put 20% of his firms capital to work buying 50% of GEICO. By 1972, it was a 562 bagger, returning more to his partners than all his other investments combined. You only need to find one great company early to change your life.

[Ian Cassel @iancassel]

Bull Market - Financial Independence

Bear Market - I love my job

[Brian Feroldi @BrianFeroldi]

In 1997, the bear case against $AMZN was strong

In 2004, the bear case against $NFLX was strong

In 2010, the bear case against $TSLA was strong

If you want to own the next big winner, you have to be willing to buy and hold in the face of huge uncertainty

[Austen Allred @Austen]

Unsuccessfully trying to solve something completely trivial when you hear it took SpaceX a grand total of three tries to comfortably land a 220,000-pound rocket back on its launchpad

[Dandalf @DanTalks1]

Currently reading about the military logistics of Genghis Khan and the Mongol empire. It’s fascinating that back then they understood that meat&dairy diets is what made them stronger than their foes who were on primarily grain based diets.

Their soldiers were able to last days.

[Sahil Lavingia @shl]

Competing with yourself is the ultimate positive-sum game.