Makes sense. Also remember him saying something like, the founder is always right, even when everyone else thinks you're crazy. Couldn't find the clip of him saying this, so hopefully not hallucinating it.
> "as do the founders of AirBnB." This resonates but I can't put my finger on why for the founders of AirBnB. Do you have examples? Obviously true for Elon. It seems like the previous generation of founders were always…
> Superintelligence is not around the corner. OpenAI knows this and is trying to become a hyperscaler / Mag7 company with the foothold they've established and the capital that they've raised. +1 to this. I've often…
The interest and actions are there now: Hiring Fidji Simo to run "applications" strongly indicates a move to an ad-based business model. Fidji's meteoric rise at Facebook was because she helped land the pivot to the…
A legit Robotech VR game with the original characters.
I've been in this situation a few times and looking back at my career, I could argue I made the "wrong" choices, but they were definitely the "right" choices for me at the time. The way I think about it these days: 1.…
That was just my school, 5 years out of graduation. That might change in another 5 years as bankers get to MD levels, and then have a client and relationship roster that they bring to the buy-side. There are also people…
It's actually really hard to go from sell-side to buy-side, post-MBA. I went to a top-5 business school in the US and everyone recruiting for banking wanted to eventually move to the buy-side. I think out of a group of…
Exactly this. I have family (through marriage) who grew up in the New York / New Jersey area and went to nice public schools. Many people they went to high school with ended up in finance on the buy-side. They knew the…
Yes, but then why invest in an actively managed fund at all, as an LP? whole premise is that fund managers can beat an index such as the S&P500 or total market etc.
AirTable. I wonder how many other products in the enterprise space could be built by startups, by simply doing a much, much better job than incumbents, despite incumbent moats and lock-in. On the other hand, there are…
Office on the web also has the same collaboration features now, and has had for years. Google's real time collaboration is slightly better, but I've worked in organizations that use Office and organizations that use…
Did you know that most enterprises who had "tried" gSuite actually switched back to Office? Office is very much not under threat. By many estimates, Office revenue is over 20X that of gSuite and growing. I agree with…
This is an interesting point. The first several years of my career, I was an engineer working on low level operating system stuff. I later switched to product and my technical chops really helped me earlier in my…
Gibson Biddle has some great articles and resources for PMs to develop their careers. http://www.gibsonbiddle.com/
I used OneNote on a Surface Pro 1 for several years, but recently switched over to Goodnotes on an iPad Pro with Apple Pencil. Goodnotes has fewer features than OneNote, but the auto-shape tool is pretty sweet and I…
There is a pretty strong power law in effect for the ROI on an MBA depending on the strength of the school. https://gmatclub.com/forum/value-of-a-top-10-mba-213365.html
Ben also said in today's update that the "relative importance decreases over time as things like network effects and business models come to bear". This is another way of putting Marc Andreesen and Steven Sinofski's…
I don't disagree. I think a lot of the debate on this thread comes down to free market economics and whether you believe it leads to a global maxima or not. I think that starts to approach a religious belief, so I don't…
I grew up programming and always assumed I'd be a software engineer, without really considering other career paths. After six years of of software engineering (mainly operating systems and cloud infra), I thought it…
Engineer with an MBA here. My two cents: Back when I was writing code, my worldview was that if engineers ran every company, then the world would simply be a better, more rational place. Because engineering is hard and…
This is a good point. At the same time, some of the attorneys I've worked with in tech are wicked smart. It would definitely be good for a more representative set of people to represent citizens in congress (imagine…
Significantly more for senior quantitative or HFT engineers.
This is spot on! The same goes for so many other companies. When the pie is growing, everyone gets a bigger piece, there is lots of whitespace to move into, mid-level folks can stretch into more senior roles, faster and…
The racial diversity is huge if you're not white. There are parts of the US where I've walked into a Burger King and gotten cold stared by everyone in there.
Makes sense. Also remember him saying something like, the founder is always right, even when everyone else thinks you're crazy. Couldn't find the clip of him saying this, so hopefully not hallucinating it.
> "as do the founders of AirBnB." This resonates but I can't put my finger on why for the founders of AirBnB. Do you have examples? Obviously true for Elon. It seems like the previous generation of founders were always…
> Superintelligence is not around the corner. OpenAI knows this and is trying to become a hyperscaler / Mag7 company with the foothold they've established and the capital that they've raised. +1 to this. I've often…
The interest and actions are there now: Hiring Fidji Simo to run "applications" strongly indicates a move to an ad-based business model. Fidji's meteoric rise at Facebook was because she helped land the pivot to the…
A legit Robotech VR game with the original characters.
I've been in this situation a few times and looking back at my career, I could argue I made the "wrong" choices, but they were definitely the "right" choices for me at the time. The way I think about it these days: 1.…
That was just my school, 5 years out of graduation. That might change in another 5 years as bankers get to MD levels, and then have a client and relationship roster that they bring to the buy-side. There are also people…
It's actually really hard to go from sell-side to buy-side, post-MBA. I went to a top-5 business school in the US and everyone recruiting for banking wanted to eventually move to the buy-side. I think out of a group of…
Exactly this. I have family (through marriage) who grew up in the New York / New Jersey area and went to nice public schools. Many people they went to high school with ended up in finance on the buy-side. They knew the…
Yes, but then why invest in an actively managed fund at all, as an LP? whole premise is that fund managers can beat an index such as the S&P500 or total market etc.
AirTable. I wonder how many other products in the enterprise space could be built by startups, by simply doing a much, much better job than incumbents, despite incumbent moats and lock-in. On the other hand, there are…
Office on the web also has the same collaboration features now, and has had for years. Google's real time collaboration is slightly better, but I've worked in organizations that use Office and organizations that use…
Did you know that most enterprises who had "tried" gSuite actually switched back to Office? Office is very much not under threat. By many estimates, Office revenue is over 20X that of gSuite and growing. I agree with…
This is an interesting point. The first several years of my career, I was an engineer working on low level operating system stuff. I later switched to product and my technical chops really helped me earlier in my…
Gibson Biddle has some great articles and resources for PMs to develop their careers. http://www.gibsonbiddle.com/
I used OneNote on a Surface Pro 1 for several years, but recently switched over to Goodnotes on an iPad Pro with Apple Pencil. Goodnotes has fewer features than OneNote, but the auto-shape tool is pretty sweet and I…
There is a pretty strong power law in effect for the ROI on an MBA depending on the strength of the school. https://gmatclub.com/forum/value-of-a-top-10-mba-213365.html
Ben also said in today's update that the "relative importance decreases over time as things like network effects and business models come to bear". This is another way of putting Marc Andreesen and Steven Sinofski's…
I don't disagree. I think a lot of the debate on this thread comes down to free market economics and whether you believe it leads to a global maxima or not. I think that starts to approach a religious belief, so I don't…
I grew up programming and always assumed I'd be a software engineer, without really considering other career paths. After six years of of software engineering (mainly operating systems and cloud infra), I thought it…
Engineer with an MBA here. My two cents: Back when I was writing code, my worldview was that if engineers ran every company, then the world would simply be a better, more rational place. Because engineering is hard and…
This is a good point. At the same time, some of the attorneys I've worked with in tech are wicked smart. It would definitely be good for a more representative set of people to represent citizens in congress (imagine…
Significantly more for senior quantitative or HFT engineers.
This is spot on! The same goes for so many other companies. When the pie is growing, everyone gets a bigger piece, there is lots of whitespace to move into, mid-level folks can stretch into more senior roles, faster and…
The racial diversity is huge if you're not white. There are parts of the US where I've walked into a Burger King and gotten cold stared by everyone in there.