The Wisdom Wall
7 quotable lessons, heuristics and mental models. Every one is playable at the moment it was said. No fortune cookies allowed.
“I don't believe it was a physical versus digital thing. I believe it was a moment in time in the COVID, ZERP, massive money going in. We hadn't seen inflation yet. It was all of that happening. And the investor class was basically deciding we're going to look two and three years forward on your current growth.”
“in the Uber world early days, if you didn't have capital, it didn't matter how good your app was, because Masa is going to put a billion dollars into your competitor, and you're going to lose 20% market share tomorrow. So a critical competency, in fact, your world class competencies, one of them has to be raising…”
“when you get really, really good at copying and that time gets tighter and tighter and tighter and tighter and tighter, you eventually run out of things to copy. And then it flips to creativity, to creativity and innovation.”
“Honestly, guys, even if it's on your own fiber connected, like, two kilometers away, you're screwed. It's not a thing.”
“CPU manipulates bits. What manipulates atoms? Manufacturing. Storage stores bits. What stores atoms? Real estate. Network moves bits from point A to point B. What moves atoms? That's transportation or logistics. So you have these three core computing resources in an atoms-based computer.”
“In the U.S. and really around the world, utility upgrades is the long pole in the tent in, in construction development.”
“as long as the problems you're solving are greater than the problems you're creating, then you're fine. When the problems you're creating are, starts to, when the derivative of problems you're creating is greater than the derivative of the problems you're solving, then you have a real problem.”