-excellent leaders are the most scarce human resource in the world . -storytelling is the most underrated skill in the world. -explaining complex topics in simple ways is the surest sign of a great communicator.

the near-impossible formula:. 1) form a strong belief.2) act on that belief (place bets).3) when you get new information, update your beliefs. almost no one does all 3.

Signs of good judgment:. -knowing what to ignore.-finding the 80/20.-associating w/ right people.-making structured arguments .-changing mind.-being right a lot .-amazing website copy.

When Kobe died.

Extreme personalities produce extreme outcomes. CEO of Palantir:

Index has made $11b+ from recent exits. Mind boggling. Guess what: they’re also one of the top investors in @Wealthfront , which should go public soon! . Winners win.

How many people in tech are BOTH the CEO of a startup with $1b+ in revenue, AND the head of a VC firm with $1b+ AUM?. I know of one: @arjunsethi. he is the co-CEO of @krakenfx and the head of @tribecap . We had him on the @IO__podcast to learn how he does it. Arj is one of the

>go to “for you” tab.>start reading first post.>it’s pretty good!.>poof! It disappears.>whole feed refreshes .>leave “for you tab”. I wonder if any engineers at @x have experienced this bug? . Maybe just me.

Sharing because it’s the best clip I’ve seen in a few weeks. “Who are you jealous of?”.“Anybody who’s still got little kids at home.”. The purpose of life is to be a parent. To create an unbreakable family unit with a true partner. Everything else secondary.

The meta lesson:. Just invest in every Thiel fellow you can. Duh.

June 26, 2013. Generational companies take time.

A strange thing about me is that I get the same feelings about an IPO that I get watching the Olympics:. Deep admiration and happiness watching a group of people accomplish the impossible. IPOs are a beautiful thing. Congrats @zoink and co. Amazing.

We asked @brettberson a common mistake he sees founders make during a fundraise process. Answer: inauthenticity. Founders must first be themselves, then @firstround Pitch Assist helps them be their BEST selves.

Hey crew. I’m back home. Out of the hospital for the 2nd and hopefully last time. A few days in ICU. Chest tubes. Lots of fluid drained. Today: no more tubes. Can walk alone. All good. So much better. So grateful for all your prayers. And most grateful to be back with family ❤️

Hi crew: I had surgery to remove lots of infected fluid in my chest and a big lung abscess with infected tissue. pneumonia / sepsis. Antibiotics weren’t working. In ICU now. Surgery went well. Surgeons are heroes. am so grateful. recovering. thank you for prayers. all good.

For many years if you asked me the firm I admired most, @firstround would be at the top of that list. They are great at many things, but the word that comes to mind is *quality* in every aspect of their product. Quality advice. People. Copywriting. Experiences. Portfolio.

Beautiful.

He makes a good point.

Divvy got acquired for $2.5b when we had $100m in revenue. 25x. What’s windsurfs multiple?.

The key lesson:. Marry well. It matters so much. A wife who gets better as things get harder. Matters so much. I am so lucky.

I’ve been wrong about most, if not all, of anything related to tariffs so far. No inflation (yet?).No recession (yet?).No market collapse (that lasted?). A monthly surplus is so awesome. Kudos. Very happy.