companies

“The one mistake that I think companies really make in this is they decide that they need a lot of people, they can't get them, and so they're going to just, like, double salaries or triple salaries. They're just gonna, like, start way overpaying for people, an…”

“I still think the proxy of your GPAs and companies exist at a lot of companies.”

“Just in the last three years, we've had tons more interest from companies who come to us as academics and say, look, can we jointly work on something with you? I mean, that's really been a sea change.”

“The main thing that I think companies screw up at the pre-product market fit stage is sort of speed of iteration.”

“I actually think a lot of companies or organizations, the group over optimize for serendipity. Like they're like, what about that chance moment? But to me, like serendipity, like we were like some random thing happened, all of a sudden we have a great idea. Li…”

“You probably can sacrifice these things for five years, like maybe even seven years. The tricky thing is that like the best companies last multiple decades. The tricky things is the shit that you can get away with in your twenties. You can't get away with in y…”

“AI is going to help companies like 2000 person companies be run more like 200 person companies and 200 person companies be run more like 20 person companies.”

“The vast majority of time inside of a company is on the stuff that really is not strategic. It's sort of necessary work, but it's not strategic to get done.”

“One of the core reasons we trust companies today is because they're composed of a diversity of people. You can trust to some extent that if there's reasonable culture at a company, that if the company decides, if the CEO decides to do something bad, that someo…”

“Average holding time of stocks is like dramatically down. Lifespan of companies is dramatically down. Average tenure of executives is dramatically down.”

“I think startups are really like the main thing that keeps the economy from becoming stagnant. I think companies do just like drift towards suckiness, and startups will continue to be important forever.”