Video of the week:
Honorable mention:
Podcast of the week:
Bill Gurley on Direct Listings vs. IPO
Honorable mention:
Article of the week:
Highly, highly recommended piece by Morgan Housel on the forces shaping the world
Honorable mention:
Short but brilliant piece on how things appear in media vs. how they might be in reality
Statistic of the week:
More than 40% of white Harvard admits are “ALDC”: athletes, legacy, Dean’s interest (donors’ kids), or children of faculty Researchers find that 70+% of such admits would be rejected w/o preferences.
Quote I’m reflecting on this week:
“Nobody tells this to people who are beginners, I wish someone told me. All of us who do creative work, we get into it because we have good taste. But there is this gap. For the first couple years you make stuff, it’s just not that good. It’s trying to be good, it has potential, but it’s not.But your taste, the thing that got you into the game, is still killer. And your taste is why your work disappoints you. A lot of people never get past this phase, they quit. Most people I know who do interesting, creative work went through years of this. We know our work doesn’t have this special thing that we want it to have. We all go through this. And if you are just starting out or you are still in this phase, you gotta know its normal and the most important thing you can do is do a lot of work. Put yourself on a deadline so that every week you will finish one story. It is only by going through a volume of work that you will close that gap, and your work will be as good as your ambitions. And I took longer to figure out how to do this than anyone I’ve ever met. It’s gonna take awhile. It’s normal to take awhile. You’ve just gotta fight your way through.” - Ira Glass
Book recommendation of the week:
Manufacturing Consent: The Political Economy of the Mass Media - Chomsky
Start-up of the week:
Waycare - an Israeli startup that takes traffic data and help cities make better mobility/transport planning decisions
Tweet of the week:
Very informative thread on Costco and its business model
Honorable mention:
Thread on Stripe’s culture and what makes it such a a great company
Image of the week:
Honorable mention:
Question of the week:
Ask yourselves this:
“Over the past year, what is the smallest change I have made that has had the biggest positive result? What was it about that small change that produced the large return?” - inspired by a similar question posed by Robert Cialdini
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