That's another thing too, where I'm only interested in people that do things for a long period of time. There is a subset of people that can start a great business or be a great investor for two years, five years, 10 years. I'm interested in people that, you started the conversation saying about Edwin Land and Estee Lauder. Okay. Two obsessives. Th... See more

Across the board, my advice is that it's a numbers game. Putting in the work to have a wide variety of conversations will almost always lead to success , but people just don't really want to do that. The rough numbers that I throw out are: if you want to get [1] good opportunity (job, customer, etc.), you need to have [100] conversations with relev... See more

By definition, you will likely succeed a vanishingly-small percentage of the time, but—as the saying goes—that’s a feature, not a bug. The point is to venture—fistfuls of money in hand—at the furthest extremes of capitalism, hoping to stumble upon that rare, proper intersection of technology and commerciality.By design, most investments will miss t... See more