The Wisdom Wall
11 quotable lessons, heuristics and mental models. Every one is playable at the moment it was said. No fortune cookies allowed.
“I think technology products become obsolete at the precise moment they become perfect. And what I mean by perfect basically is like, yeah, it's like the perfect idealized complete product. Like it does everything you could possibly ever imagine, everything a customer could imagine, everything you as the technology…”
“And I guess, yeah, what I would say is like, look, that clearly works if you're Apple, right? Yeah. And so it, it clearly works if you're Apple. But I would say there's a fine line between that strategy and just, and simply becoming obsolete, right? Um, and so the, the problem is like, if you're not Apple, um, and you…”
“One of the things I've observed over the years is I think technology products become obsolete at the precise moment they become perfect. And what I mean by perfect basically is like, yeah, it's like the perfect idealized complete product. Like it does everything you could possibly ever imagine. Everything a customer…”
“I think there's a lot of survivorship bias in these kinds of strategy discussions where people look at the one company That's able to pull this off, and they don't look at the 50 other companies that are in the graveyard, you know, because they, you know, because, because they didn't adapt.”
“whoever cracks the code on that will be, that will be the next Apple.”
“if you really want to get to fi, if you want to get to a billion and then five billion people, um, you, you, you can't do that with a paid offering. Like it just, you, at any sort of reasonable price point, it's just not possible. Uh, the, you know, global per capita GDP is not high enough for that. People don't have…”
“the best way to do it is to have a track record early as somebody who is like in the loop specifically on new product development. Um, and so somebody who, you know, be, be like deeply in the trenches, um, at one of these new companies in one of these spaces, um, you know, participate in the creation of, of, of a great…”
“there's somewhat of a sort of arbitrary disconnection, um, between what's actually happening in the substance and then what, what, what, what people are, are seeing and feeling. And so it's just, it's, it's, it's really hard to predict when these things pop, but also if, if you're in this day to day, it's, it's really…”
“if you really want to get to five, if you want to get to a billion and then five billion people, um, you, you, you can't do that with a paid offering. Like it just, you, at any sort of reasonable price point, it's just not possible. Uh, the, you know, global per capita GDP is not high enough for that. People don't have…”
“the best way to do it is to have a track record early as somebody who is like in the loop specifically on new product development. Um, and so somebody who, you know, be, be like deeply in the trenches, um, at one of these new companies in one of these spaces, um, you know, participate in the creation of, of, of a great…”
“So if you talk to any really successful company, what they'll tell you is, yeah, over the years we have these like crucible moments in which like we almost died. Right. But we like pull together and we pulled it off. And then that became like, you know, one of these central kind of mythical events in the history of the…”