Board

Business Models

Business270 insights0 followers

@business
Enterprise software is wide open because businesses lack one shared operating system and need an agentic layer across fragmented tools.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
The interface is shifting from prompting one application to expressing intent while an agent coordinates the software needed.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Replit should take users from idea to design, coding, deployment, and growth in one product.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Learning to program once promised returns that doubled month over month. Advanced AI models changed that trajectory.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
The future of work should feel like invention, not a contest to see who can grind hardest.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Design and engineering converge when teams build and test interactive prototypes instead of handing static mockups to a software factory.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
A phone agent should turn “book something on OpenTable” into a completed reservation without making users navigate the service.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
A self-driving company removes bureaucratic information routing so employees can spend more time creating.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Operating systems are the natural home for agentic control, yet current makers, especially Apple, have not shown enough invention.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Automate information routing, and a company starts looking less like a hierarchy and more like an open-source project.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Every one of the eight coauthors of “Attention is all you need” has now left Google.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Replit is not a coding product. It is a general problem solver and creativity engine, with coding as AI’s substrate.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Most people no longer need to learn coding before building software. They can direct capable models instead.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Advanced AI has made coding optional for many builders. They can create applications without inspecting the underlying code.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Software agents can run the entire product loop: collect feedback, prioritize features, ship changes, and iterate with light human oversight.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
AI can create more jobs overall while making individual companies smaller and triggering layoffs inside them.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
Coding agents can create a productivity trap: one agent writes more code, other agents review it, and review consumes the gains.
Casey NewtonReplit’s CEO on building a company that can run itself
@business
LoRAs and cartridges let users move customizations to new base models without paying the full retraining cost.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Open-weight models are better suited than frontier models for cheap, focused, deterministic tasks.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Harnesses are likely to persist because they shape the user experience and let non-model companies own the developer relationship.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Creativity is not verifiable by a simple number. That makes model diversity strategically valuable.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Distillation exposes model outputs for inspection, making alignment problems easier to detect during reinforcement-learning rollouts.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Model choice ultimately follows trust in outputs, often built through personal tests instead of standardized benchmarks.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Chinese open-weight providers have a structural edge: China concentrates funding, policy, and resources behind national champions.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
The strongest architecture pairs one frontier orchestrator with multiple specialized, low-cost sub-agents.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
The emerging model-lab market may lose roughly half its independent companies through failure or consolidation.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Model aggregators turn discovery into a product by surfacing capable models users would never choose themselves.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
American AI development remains behind Chinese open-model development in both quality and pace.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
No single AI model will win the whole market. The opportunity is specializing in useful capabilities.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
AI customers keep underestimating inference demand, making unplanned capacity, failover, and uptime the dominant opportunity.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Open-weight models created an inference ecosystem beyond hyperscalers, with Fireworks and Together serving models users rarely run there.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
A routing layer should re-benchmark providers continuously and redirect traffic when quality, speed, or price improves.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
The same model can perform very differently across inference providers as hardware and serving optimizations change.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Token prices fell 90% in roughly 18 months, forcing inference businesses to reconcile cheaper usage with percentage-based revenue.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
July saw 70 model launches, averaging one new model every 10 hours.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
On OpenRouter, Luna’s price fell 10x in two weeks while usage jumped 13x.
20VC with Harry StebbingsOpenRouter CEO: Why Chinese Open Models Are Beating the US | Why Enterprises Fear OpenAI & Anthropic
@business
Taste is built through exposure: absorb examples, keep what resonates, reject what does not, and let preferences accumulate.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
AI turns non-specialists into informed generalists by teaching them enough vocabulary and context to enter highly technical fields.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
A polished presentation can fail when it misses the room. Great presenters adapt in real time to regain attention.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
A playoff system could have generated millions for NCAA schools. Decades later, the NCAA adopted essentially that system after commissioning a 500-page report.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
You cannot understand Asia through business analysis alone. Firsthand exposure and sustained interest matter.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Jurassic Park felt real because Steven Spielberg fused CGI dinosaurs with practical dinosaur elements instead of choosing one technique.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
A founder is the guardian of a company’s soul, protecting the distinctive vision that gives operations a reason to exist.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
A mentor calls himself “Dracula for the brain,” seeking young people's ideas the way Dracula sought youth through blood.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Take ideas from everyone, including junior employees, while drawing wisdom from experienced people.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Avoiding labels preserves freedom from being typecast into a narrow professional identity.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Creative people can be extraordinarily hard and unusually sensitive. Sensitivity creates the work. Hardness protects it.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Creative toughness is not disagreeableness. It is protecting a clear internal vision from interference.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Research that once took about four weeks can now be supplemented by six or seven hours across three AI platforms.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
You can lack scale, relationships, and incumbency yet survive every prediction of failure by outworking every competitor.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Technology’s impact depends on how well it serves creative work, not how long it appears: ten seconds can transform a song.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
A cancer researcher reported nine-month results after a post-AI trial, versus five-to-ten years from animal studies to human trials.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Exceptional decision-makers sometimes propose ideas they do not believe to provoke reactions, gather information, and revise their view.
David SenraFounder of CAA Michael Ovitz: "I Just Knew I Was Going to Outwork Every One of Them"
@business
Frontier models demand tens of billions, while open-source and open-weight models rapidly narrow the gap, making model investment riskier than infrastructure.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Anthropic, OpenAI, and Nvidia are the main buyers able to commit to compute at this scale, not Chinese open-source companies.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Bending Spoons’ potential Airtable play is stark: cut most costs, abandon sales-led growth, and restore product-led growth.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Microsoft’s resilience is infrastructure: Active Directory holds identities, Excel supplies board numbers, Teams records compliant conversations, and Azure carries government authorizations.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
AI model selection is becoming blended: cheap open-weight models for simple workflows, premium models for high-value tasks, specialized models for domains.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
The strategic case for restricting AI-data exports rests on one question: is the data proprietary and military-relevant?
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Starlink severely disrupted HughesNet, ViaSat, AT&T, and Verizon across legacy satellite and telecommunications markets.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Export controls on EUV lithography machines show what a strategically meaningful technology restriction looks like.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Google, Microsoft, and SpaceX balance compute sales against internal model development, while Anthropic and OpenAI avoid that channel conflict.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Before Airtable was acquired, it spun out Hyperagent so its AI-agent talent could chase a higher-upside opportunity.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
AI-generated tools may replace lightweight apps, but replacing CRM, ERP, or HR systems wholesale is far harder.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Data labeling is largely a commodity, and China has both alternative labor and multiple ways to obtain it.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Fifteen of fifteen US cabinet agencies reportedly run on Salesforce, making a vibe-coded replacement implausible.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
One gigawatt of compute capacity costs at least $50 billion. Six gigawatts implies roughly $300 billion in capital expenditure.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Compute payback assumptions compressed from roughly four or five years to potentially one year as scarcity drove prices sharply higher.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Cheap open models can match frontier systems for ordinary work while frontier models remain substantially ahead on sophisticated use cases.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Open-source and commodity models already handle 95% of everyday jobs, while frontier models matter when failure is costly.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Open models look cheap until you count training, fine-tuning, maintenance, safety guardrails, and specialized expertise.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
The winning enterprise cloud may orchestrate many models, not sell only one.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Premium frontier models resemble Apple: cheaper alternatives may have more users, yet superior experiences capture disproportionate monetization.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Open models may capture more tokens while frontier labs capture more economics, letting both sides of AI grow.
All-In PodcastGoogle’s AI Brain Drain, SpaceX's Huge Quarter, Airtable’s 90% Collapse, US Data Fuels China AI
@business
Airlines created hidden-city incentives through pricing and routing. Skiplagged did not create the underlying problem.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
Airlines discount connecting fares to fill seats while charging more to travelers who strongly prefer nonstop service.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
Lawsuits against Skiplagged generally failed on the core issue: hidden-city travel and explaining it are not illegal.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
A hub-based monopoly can make nonstop fares expensive, while competing airlines drive fares to the same destination lower.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
Hidden-city ticketing gets cheaper fares by booking a connection and skipping the final leg.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
Hidden-city travel breaks airline pricing by filling the valuable nonstop segment and leaving the purchased connection empty.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
Airlines charge more for nonstop flights even when those flights cost less to operate.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
Skiplagged has 10 million monthly users, with 30% booking hidden-city itineraries and saving $180 on average.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
Detected hidden-city travel can cost travelers status, the full fare, or access to future tickets.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
Hidden-city ticketing is legal, yet violates the terms of service for all four major US carriers and many worldwide.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
The identical flight can cost nearly half as much when sold as the first leg of another city’s itinerary.
Half as InterestingWhy Almost Every Airline Has Sued This One Website
@business
“I don’t have time” often means other activities matter more. That choice is legitimate, but conflicts with calling yourself a writer.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Netflix tests between 15 and 20 posters for each show, learning which image attracts each viewer.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Suffering is not required for art, but early grief and difficult experience can deepen a writer’s work.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
A great adaptation follows what works on screen instead of slavishly reproducing the source text.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
You do not have to suffer for art. Profound grief can still make a writer better.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
The best thrillers leave readers deeply unsettled, then restore enough order to make fear feel like escapism.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Self-care culture can become self-absorption, keeping people searching for validation instead of working.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
When stuck, stay with the problem. Shopping and television turn a blockage into an escape route.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Serious writing can happen at night, during lunch breaks, and while traveling, not only in ideal conditions.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Research one revealing moment that makes a setting come alive. Skip the encyclopedia.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Tell no one broke through after seven Myron Bolitar books established him in mystery but not as a major commercial name.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
One strong opening scene can unlock an entire play overnight, with the rest arriving suddenly.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Write fiction before researching. Research is procrastination dressed up as progress, and factoids can slow the story.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Writing for a future film or television adaptation undermines the book before it succeeds on its own terms.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
Treat creative work like plumbing. Stop consuming advice and self-optimization content, then do the job.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
A baby monitor becomes terrifying when it tracks someone other than the child it was meant for.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
A Poland Springs bottle filled with vodka can turn an ordinary scene into an entire novel premise.
Freakonomics Radio NetworkHarlan Coben Turned His Books Into 12 Netflix Series | Better in Person
@business
AI compresses implementation details and removes skill bottlenecks, making prioritization and business-impact judgment central PM capabilities.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
AI-generated code is accelerating software output and expanding cyber risk as offensive and defensive capabilities continuously adapt.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
As models improve, annotation demands higher-skilled experts, increasing the value of technical talent producing training data.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Companies outsource generic HR and procurement sooner than workflows central to their legal, advisory, or operational advantage.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
As better models create more economic value, demand persists for evaluation sets, training sets, and human-generated data.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Specialized models will emerge for individual companies because growth, margin, and work-life balance are different objectives.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Some startups turn founder-led annotation into venture-capital-subsidized labor, giving labs skilled work below its true cost.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
A maximally flexible annotation platform became chaotic after supporting hundreds of heterogeneous workflows and every customer request.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Every company-specific model needs enterprise-specific evaluation and training data to prove how it performs in context.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Healthy cash flow beats outsider-selected metrics: ending every week with more money in the bank signals business health.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Open-source models raise customer expectations without necessarily cannibalizing demand for frontier evaluation and training data.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
AI spending makes sense when unit economics work, not when customer-service token costs exceed generated revenue.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
To forecast AI demand, stay close to leaders across diverse labs and keep validating hypotheses. Leadership judgment remains partly guesswork.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
A previously difficult-to-scale environment market became viable through persistent experimentation once strong demand justified continuing.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
The annotation and evaluation platform lets experts support training and evaluation datasets while customers access data and run evaluations.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
A training set can increase revenue when it improves performance against an evaluation set modeling customer demands.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Agent training data is moving toward deployment-like environments, not abstract examples stripped of the tools and tasks agents use.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Reinforcement-learning environments are the fastest-growing data type because they simulate the tools, files, and tasks agents face.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Evals do double duty: they specify desired model behavior and become the optimization objective for improving it.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
Apex benchmarks put top models near 50% on long-horizon workflows, far below the frequently cited 90% automation figure.
20VC with Harry StebbingsMercor Head of Product on Revenue Concentration from Frontier Labs
@business
AI became practically usable around November or December, after repeated experiments failed to work as expected.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Investment management has substantial room for innovation despite conventions that portray the industry as mature and standardized.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
The goal was not another firm. It was a scalable system spanning sourcing, operations, capital, communications, sales, and marketing.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
As investment firms raise more capital, they compete for larger, better-known assets and face more efficient markets.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
A differentiated investment firm can begin with a blank sheet, borrowing useful ideas and combining them into one coherent model.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
A firm hired a PhD in AI and spent a year experimenting, even though many attempts failed to produce complete solutions.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
What was put on the whiteboard 10 years ago is largely done, despite a decade of experimentation.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Masks, social conditioning, and accumulated baggage keep people from seeing one another as they truly are.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Investment managers can outperform without superior selection or operations by avoiding forced buying and selling at bad times.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Write to one imagined person. Your ideas become clearer, deeper, and more precise.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Every investment structure eventually comes down to two questions: how much was made, and who kept it.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Knowing exactly what you do not know is a powerful advantage when entering an unfamiliar field.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
High margins make a business more important to customers, especially when it gets paid rapidly.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Gaining 50 pounds in your 20s pushed body weight over 250 pounds and made basic activity difficult.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Poverty is not a left-wing or right-wing problem. It is a human problem.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
When you don’t know why God put someone in your life, love them and take the next step.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Introspection creates insight. Rumination creates a self-sabotaging downward loop. Confusing them makes destructive self-reliance look productive.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
You can run faster in the wrong direction. Define the life you want before optimizing your speed.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Design guardrails around the incentives that amplify your weaknesses and temptations.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
“Fish love” values something for what it does for you. Genuine love values it without consuming it.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
Love and service should overflow from acceptance already received, not perform for the acceptance you want.
Joys of CompoundingBrent Beshore - Adventures in Permanent Equity - [Joys of Compounding, EP. 34]
@business
People often value an outcome more when they worked to create it, even when the process was inefficient and tedious.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
Perceived product value rises with customer engagement, deciding whether a brand feels ordinary or extraordinary.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
Flat-pack furniture lets retailers stack vertically in multi-level warehouses instead of consuming horizontal space with assembled sofas.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
In 2018, IKEA’s Hyderabad opening turned a normal 20-minute commute into a journey lasting more than four hours.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
A business can offer low prices and high perceived value when customers help create the product’s value.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
When customers assemble a product, they feel greater ownership and value, letting companies offer low prices without losing premium appeal.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
IKEA’s flat-pack furniture turns assembly into customer value while densely packed boxes cut shipping and storage costs.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
Flat-pack shipping can turn a mini truck’s capacity from roughly one sofa into more than three or four sofas.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
General Mills made instant cake mix successful by requiring mothers to add eggs and other ingredients, restoring visible personal effort.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
A product fails when it removes the effort customers use to express love, devotion, identity, or competence.
Think SchoolIKEA Business Case Study: How to Earn 40 Billion$ Every Year by Selling Furniture? (IKEA Effect)
@business
Integrated ads reach people who rarely encounter advertising through live interviews, sponsor logos, post-interview reads, and branded clips.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Advertising keeps substantial content free to everyone, regardless of who they are.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Treating a podcast as a serious startup and full-time business became a decisive competitive advantage.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Young professionals accelerate learning by moving into the center of activity early and accepting serious discomfort for the exposure.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
One sponsorship contract can buy recurring presence across a show, merchandise, clips, and real-world appearances.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Advertising can make products free, while households cancel modest subscriptions without an immediately beloved offering.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
One partner can lock in on work while the other locks in on the household, creating fuller presence in both places.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
At age 12, one founder spotted a pricing gap: $35 skateboards could be manufactured with his logo for $17.50.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
San Francisco can accelerate an early career through intense exposure, yet remaining inside its vortex can damage perspective and well-being.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Zero-to-one growth in a crowded category requires both format innovation and deliberate product marketing.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
A focused audience of roughly 200,000 influential technology decision-makers is sufficient when they control companies, investments, and major budgets.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Short ads preserve attention by ending before viewers pull out their phones to skip or disengage.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Legacy internet brands survived cloud, mobile, and AI transitions, making their relationships and advertiser partnerships hard for young startups to imitate.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
A media brand can create more value by reaching the right high-value decision-makers than by maximizing audience size or impression volume.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
An 11-employee bootstrapped media company was tracking toward $5 million in 2025 ad revenue and over $30 million in 2026.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Enterprise sponsors were pitched on closing a major customer, not receiving a fixed quantity of impressions.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Enterprise advertising can escape CPM pricing when one acquired customer generates enough revenue to justify the entire sponsorship.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
One enterprise listener can authorize $5 million a year in software, cloud, or inference spending, but few consumer purchases.
The Prof G Pod – Scott GallowayWhy OpenAI Bought a 17-Month-Old Podcast
@business
Costco’s magic lives in treasure hunts, samples, impulse purchases, and carrying discoveries home. Digital shopping cannot easily reproduce that.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Kirkland quality and value are cited as Costco’s top renewal driver. Nearly 93% of U.S. members renew.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Costco reported 137 million members, with annual memberships ranging from $65 to $130.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Costco uses discipline and scale to earn trust, then reinforces that trust through every decision.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Costco videos generate millions of views and can outperform other videos from the same major channels.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Costco creates quiet cool by placing Graza, Birkenstocks, and Dyson beside generic staples.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Costco faces pressure from Sam's Club's Scanand Go technology, Amazon Prime's fast delivery, and grocers' stronger bulk offerings.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Costco created Kirkland after a manager failed to recognize one of its own brands. Fragmented labels were blocking trust.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Kirkland’s markup cap is 15%, just one percentage point above Costco’s name-brand limit.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Kirkland Signature generates about $86 billion annually, roughly one-third of Costco’s revenue.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Kirkland golf balls became so popular that Titleist sued Costco over alleged Pro V1 copying. The dispute settled out of court.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Kirkland batteries are made by Duracell, while Kirkland coffee is supplied by Starbucks.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Most Costco locations stock about 3,700 products. A Walmart Supercenter carries roughly 140,000.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Costco’s membership fees generate about 2% of revenue but 73% of gross profit.
Taylor BellInside Costco: The Shocking Strategy That Built The Most Loyal Customers
@business
Joseph Pulitzer aimed to publish at least one intriguing, provocative article daily, something people would discuss at the dinner table.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Pulitzer bought a failing German newspaper primarily to obtain its Associated Press membership, not to run the paper.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Pulitzer’s advantage was not mainly journalistic innovation. It was recognizing hidden value and acting before others did.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Joseph Pulitzer championed labor’s aims in public, yet rejected unions and challenges to his authority inside his company.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Pulitzer wandered St. Louis at all hours, visiting schools, public institutions, meetings, and reluctant sources in pursuit of news.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Pulitzer’s aggressive journalism made him distinctive, but heated controversies repeatedly pushed his disputes toward personal violence.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
By his early forties, relentless work had left Pulitzer with insomnia, indigestion, severe anxiety, depression, and probable hypochondria.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
At the height of his power, Pulitzer’s right retina detached, his left was endangered, and blindness threatened to progress.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Joseph Pulitzer managed his St. Louis newspaper remotely with concise, one-page daily reports on circulation, advertising, expenses, and press performance.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Pulitzer used a proxy bidder to hide his interest and prevent competitors from driving up the price.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
A German immigrant aid society president noticed Joseph Pulitzer’s diligence and helped him obtain his first newspaper job.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Pulitzer trusted his judgment enough to make investments others considered foolish, including betting on evening newspapers.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
A century from now, not one person alive today will still be here. What are we making permanent?
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Diligence and resolute effort overcome a lack of experience when someone gets a chance.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Relentless curiosity and intensive reading developed Joseph Pulitzer’s intelligence, conversational ability, and force of mind.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Severely disabled, Pulitzer ran his newspaper remotely through hundreds or thousands of telegrams each week.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Joseph Pulitzer fooled auction crowds by bidding publicly, withdrawing, and having a secret proxy win the paper.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Pulitzer sold the Associated Press access attached to a German newspaper for about $20,000 in under 48 hours.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Pulitzer crowdfunded the Statue of Liberty’s pedestal through his newspaper, attracting 120,000 donors and meeting the target in under five months.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Twenty-three years after a hotel expelled Pulitzer as a homeless man, he bought that hotel.
Founders PodcastJoseph Pulitzer: The Inventor of Mass Media
@business
Buy late and you pay more: leisure travelers book early, while business travelers book closer to departure.
Wendover ProductionsHow Airlines Price Flights
@business
Business travelers make Mondays, Thursdays, and Fridays pricier, while average fares fell to $182 Tuesdays and $173 Wednesdays.
Wendover ProductionsHow Airlines Price Flights
@business
Two routes can be equally long yet priced differently when competitive pressure differs.
Wendover ProductionsHow Airlines Price Flights
@business
Tickets rise near departure as leisure travelers book early, business travelers book late, and flexibility carries a premium.
Wendover ProductionsHow Airlines Price Flights
@business
Airline prices reflect what customers are willing to pay. Those prices shape what customers end up paying.
Wendover ProductionsHow Airlines Price Flights
@business
Airlines sell rock-bottom fares on low-demand flights. The planes fly anyway, and empty seats threaten break-even.
Wendover ProductionsHow Airlines Price Flights
@business
Canada’s Competition Bureau called Air Canada’s below-cost fares predatory pricing and forced the airline to stop.
Wendover ProductionsHow Airlines Price Flights
@business
Minimum-stay rules make some international round trips cheaper by screening out short-stay business travelers.
Wendover ProductionsHow Airlines Price Flights
@business
Fares below $204 required purchase more than two weeks ahead. The cheapest day-of fare was $472.
Wendover ProductionsHow Airlines Price Flights
@business
Air Canada cut historically expensive Newfoundland fares from over $600 to $89 after WestJet and CanJet entered.
Wendover ProductionsHow Airlines Price Flights
@business
American Flight 33 sold the same economy seat at eight prices over three months, from $129 to $472.
Wendover ProductionsHow Airlines Price Flights
@business
High-quality audio models need specifically labeled training data. Much available audio has no labels.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
A vertically integrated voice product aims to own the full communication stack, not just an isolated model.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Legal pricing often overcharges routine associate work to fund rare partner judgment that is difficult to price.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
General-purpose AI introduces users to legal automation, but shallow capabilities can drive serious users toward specialized platforms.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Interactive voice licensing turns static educational content into experiences where recognizable instructors respond to users in character.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Legal AI companies build real data moats by accumulating firm-specific information and comprehensive jurisdictional content at scale.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Conversational AI elicits fuller customer information than forms, with less friction and less time spent finding the right contact.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
LLMs turn unstructured streams of consciousness into useful prompts or responses, making extended voice input materially change the user experience.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Authorized licensing turns celebrity voices into commercial opportunities, including paid voice arrangements for Jamie Foxx.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Voice restoration helps people who lost speech from ALS or throat cancer recover a recognizable voice for public speaking and milestones.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
A recognizable voice is simultaneously a commercial opportunity, a personal identity, and intellectual property.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Cross-border legal AI can deliver an approximately 80% accurate answer immediately in an unfamiliar jurisdiction.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Ambient recording and automatic notes preserve conversational signals that would otherwise disappear, then support follow-up actions.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
AI-generated internal software can leak into production, outlive its creator, and quietly deteriorate without ownership.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Legal services generate roughly $1 trillion annually, yet legal-tech software accounts for only $40 billion, just 4% of the market.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Tabular review scales multiplicatively: 100 documents and 100 prompts generate 10,000 API calls.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
One company completed an acquisition from letter of intent to closing in just 12 days using in-house legal technology.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Fortnite, Epic Games, and Disney brought Darth Vader’s voice into live player interactions through a partnership with the character’s estate.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
A restored voice let a woman who lost speech before her wedding repeat her vows for her family.
All-In PodcastThe Trillion-Dollar Industries AI Is Disrupting: Voice, Law & the End of the Billable Hour
@business
Unspoken family norms stay vague. Explicit intentions, methods, resources, and expectations make them discoverable.
My First MillionThe oldest trick in the book to make your first million
@business
ChatGPT is spreading so quickly that its disruptive transition could be shorter than earlier breakthrough technologies’ transitions.
My First MillionThe oldest trick in the book to make your first million
@business
AI may increase employment by making code cheaper, expanding software demand and industries beyond today’s expectations.
My First MillionThe oldest trick in the book to make your first million
@business
Before condemning data centers for electricity or water use, compare them with equivalent activities.
My First MillionThe oldest trick in the book to make your first million
@business
In 1980, 94% of farmers had heard of Cargill, but only half understood it. Among opinion leaders, just 10% did.
My First MillionThe oldest trick in the book to make your first million
@business
Cargill maintains global crop intelligence that may reveal more about real-time conditions than the US government knows.
My First MillionThe oldest trick in the book to make your first million
@business
People often overarchitect solutions, trusting elaborate systems instead of taking the obvious direct action.
My First MillionThe oldest trick in the book to make your first million
@business
Wider access to technology creates uses nobody forecasts, like text eventually enabling Twitter after the printing press.
My First MillionThe oldest trick in the book to make your first million
@business
Families can build culture deliberately through recurring meetings about values, progress, goals, resources, and shared mission.
My First MillionThe oldest trick in the book to make your first million
@business
James Watt’s more efficient steam engine increased coal consumption because cheaper capability drove widespread adoption.
My First MillionThe oldest trick in the book to make your first million
@business
Frederick Tudor created demand for ice by giving bartenders free ice until customers wanted chilled drinks.
My First MillionThe oldest trick in the book to make your first million
@business
Frederick Tudor discovered that selling ice in hot places required teaching customers why an unfamiliar product mattered.
My First MillionThe oldest trick in the book to make your first million
@business
Your AI outcome depends partly on learning the technology, applying it to your field, and pursuing emerging opportunities.
My First MillionThe oldest trick in the book to make your first million
@business
Cargill generates about $150 billion annually while remaining nearly invisible to most consumers.
My First MillionThe oldest trick in the book to make your first million
@business
Cargill’s revenue exceeds Goldman Sachs, Nike, and Starbucks combined.
My First MillionThe oldest trick in the book to make your first million
@business
Cargill expanded by owning storage, shipping, processing, animal feed, slaughter, meat packing, and sales.
My First MillionThe oldest trick in the book to make your first million
@business
A middleman becomes indispensable when it controls an essential physical bottleneck between producers and buyers.
My First MillionThe oldest trick in the book to make your first million
@business
One Cargill hamburger can begin with its seeds and fertilizer, then pass through grain, feed, shipping, and meat processing.
My First MillionThe oldest trick in the book to make your first million
@business
Before choosing representation work, decide whether you want a winning team, maximum income, power, deep belief, or a rare combination.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
A fundraiser’s power is borrowed. Representing someone else’s greatness requires accepting ego deprivation.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Before seeking outside capital, identify people who already trust you and want your success more than they fear losing money.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
To earn a second meeting, become interesting and compelling inside the other person’s perspective.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Fundraising speed reflects trust or scarcity, not merely favorable terms. Without scarcity, money moves at trust’s slower speed.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Very few limited partners are compensated based on general partner performance, creating structural misalignment around returns.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Consensus can move entire markets by shaping the broader environment. Propaganda works partly by creating consensus.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Build fundraising outward from the people who already trust you instead of starting with an arbitrary target.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Fear is anti-trust. As trust rises, less desire is needed to motivate action.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Scarcity, strong consensus, and exceptional returns let an organization keep its offering small while spending little energy fundraising.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
The most common sales mistake is over-indexing on logic while ignoring the person and their fears.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Desire is not greed. Family, generosity, environmental concern, and inspiration can all move people to act.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Investors detect fake scarcity immediately. Pretending demand is limited destroys credibility and trust.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Complexity weakens trust twice: it dilutes confidence and makes decisions harder for others to explain or defend.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Fundraising is track record plus differentiation divided by complexity of thought. Improve the first two and reduce the last.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
The core fundraising equation is pipeline multiplied by conversion ratio multiplied by bite size.
Invest Like The BestHow to Raise a Few Billion Dollars
@business
Fundraising trades off fund size, speed, and terms. You can optimize two, not all three independently.
Invest Like The BestHow to Raise a Few Billion Dollars

Keep what matters

Save insights to your own Boards and return to them anytime.