Saved by Keely Adler
Betting on Unknown Unknowns
Build products based on truths many people can’t grasp. If it works, they’ll buy it. Their incomprehension is your moat.
Eric Jorgenson • The Anthology of Balaji: A Guide to Technology, Truth, and Building the Future
In startups, the big winners are big to a degree that violates our expectations about variation. I don't know whether these expectations are innate or learned, but whatever the cause, we are just not prepared for the 1000x variation in outcomes that one finds in startup investing.
Paul Graham • Black Swan Farming
So it's both scary and exciting that the greatest things that any of us might accomplish are not something that we can imagine or something that we could accomplish through just a linear progression. So I'd love to describe what you think this means for how people should behave, especially ambitious people that want to achieve great things or affec... See more