Business, Life
An irony of facebook’s situation. Sheryl got her MBA at Harvard. One of the most famous cases (Extra Strength Tylenol) in one of the most famous classes (Business History) she took: in 1982, someone put cyanide in Extra Strength Tylenol capsules and killed 7...
Business
My basic approach to market sizing is this: # of potential customers x average selling price = Total Addressable Market Don’t know average selling price (aka ASP)? No problem. Then use economic value creation instead as an upper threshold for price. Economic value...
Politics
In college, I was in a serious, loving relationship with a woman who had been drugged, bound and violently raped by a man with the help of his two roommates. The date rape operation they devised was so evil and so calculated that I knew this could not have been the...
Business
In hiring and investing, we are all biased. My bias? I bias toward and pattern match on PHDs: Poor. Hungry. Driven. I look for people who’ve taken it on the chin in life and come back determined to win. I look for hustlers who’ve risen beyond their...
Business
High-frequency tasks: Better to hire an expert High-value tasks: Better to hire an expert What’s left: low-frequency, low-value tasks That and anyone good churns out of the system, gets a real job. It’s that simple. (Because Sam Gerstenzang asked…)...