Matthew Giampetroni

It is impossible for someone to lie unless he thinks he knows the truth. Producing bullshit requires no such conviction.

I think of as each of us having built up an intangible asset over the previous chapters of our lives, a distributed reservoir of credibility that is held in trust by your friends, mentors, and former colleagues. Your task is now to convert that intangible asset into a tangible asset

In the very early-stages of a company, especially during a fundraise, narratives rule everything and pseudosecrets are the dominant way to build a narrative.

Debt can also scare off growth equity funds, who don’t like not being the most senior money in the pref stack.

Capital allocation should support a company’s strategic goals. Capital allocation should start with an assessment and approval of strategies and then determine which projects support the strategies.